$695,000for a 1/8 share1/8 Co-Ownership

Palm Springs, California, USA — 6-Bed Estate With Pool

6Bedrooms
6.5Bathrooms
471 m²Living area
~45Nights / year
1/8Share size
Contact UsEnquire
I'm interested

About This Property

Tucked behind private walls in Vista Las Palmas, one of the storied Las Palmas neighbourhoods of Palm Springs, this immaculately renovated six-bedroom, six-and-a-half-bathroom estate commands a full acre of discreet, sun-drenched grounds. The Las Palmas neighbourhoods have long carried the romance of Hollywood's golden era — once home to the likes of Elizabeth Taylor and Cary Grant — and this residence upholds that legacy with a quiet sophistication all its own.

Entry is made through a picturesque garden, where the gentle sound of a limestone fountain sets an immediate tone of calm. Steel and glass doors open to reveal an expansive open-plan interior anchored by a living room with a soaring beamed wood ceiling and a sleek gas fireplace, flowing seamlessly into a game area and stylish bar. Hand-troweled matte concrete floors and welded steel accents carry through every room, lending the interiors a refined, artisanal character.

Look Inside

Browse the photo gallery, or ask us for a full 3D walkthrough of this home.

Features & Amenities

  • Tennis court
  • Pool
  • Hot tub
  • Wet bar
  • Outdoor entertaining
  • Grill
  • Wine fridge
  • Kitchen island
  • Fireplace
  • Walk-in closet
  • 2-car garage
  • Fire pit
  • Professionally decorated
  • Fully furnished
  • Owner storage
  • Kid friendly
  • Pet friendly
  • High-speed internet
  • Security system
  • Cable
  • Smart TVs

Location

Palm Springs, California, USA

How Co-Ownership Works

How Co-Ownership Works

  • You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
  • ~45 nights a yearStays are scheduled fairly between the co-owners across the whole year.
  • Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
  • Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
  • You set the resale priceThe share then goes on the open market.
  • Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.

What a night here really costs

Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.

Prefilled with this home: $695k for a 1/8 share of a $5.6M home.

Assumptions

Example figures: change them to your own. This home's real running costs are a button away below.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Rent every year

$1,850

per night you stay

Real cost over 10 years
$832,500
Money tied up
None
Back when you sell
Nothing
Nights a year
45

Co-own a 1/8 share

$1,083

per night you stay

Real cost over 10 years
$487,494
Money tied up
$750,600
Back when you sell
$660,250
Nights a year
about 45

Buy the whole home

$8,667

per night you stay

Real cost over 10 years
$3,899,949
Money tied up
$6,004,800
Back when you sell
$5,282,000
Nights a year
45 of 365

At 45 nights a year, owning a share works out at $1,083 a night: $767 a night less than renting and $7,583 less than owning the whole home for the same stays.

Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Want the real numbers for this home?

We'll send its yearly running costs with the full photos and floor plans.

Financing

Your way into ownership

Estimate a purchase from 30% down

Finance this home from 30% down through the partner bank of the team that manages it, available to buyers in eligible countries — we confirm your options with you from the start. Adjust the ownership share, down payment and interest rate below to see your monthly figure.

Estimate your monthly financing

Ownership

Share price$695,000

Down Payment

Your down payment$208,500

Financed amount

$486,500

1/8 share ownership financing

$3,285/month

Illustrative only — availability depends on your country of residence and is subject to the lender's approval.

Enquire About This Property

When are you thinking?
Roughly what were you thinking of spending?
Have you looked at co-ownership before?

Similar Properties in California

1 share left

Palm Springs, California, USA — 4-Bed House With Pool

4Beds
351 m²Home size
$565,0001/8 share
4 Beds351 m²

$565,000

1/8 share
View Property →
1 share left

Palm Springs, California, USA — 5-Bed House With Fireplace

5Beds
143 m²Home size
$158,0001/8 share
5 Beds143 m²

$158,000

1/8 share
View Property →
2 shares left

Palm Springs, California, USA — 3-Bed House With Pool

3Beds
253 m²Home size
$239,0001/8 share
3 Beds253 m²

$239,000

1/8 share
View Property →