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Cribline Special Christmas Series – 5 Bedroom Hacienda Spanish with Modern Touches, Piece of Old Palm Springs

Cribline Special Christmas Series – 5 Bedroom Hacienda Spanish with Modern Touches, Piece of Old Palm Springs

Story has it that many movie legends have partied in this 5 bedroom 4 bath home located at 1194 North Via Miralest.

This is a Cliff May Style Hacienda Spanish home with all rooms opening onto the courtyard, pool area with stunning, panoramic mountain views. This very private home, in El Mirador, is walled and gated with oversized, salt water pool and private Jacuzzi. The main house has a expansive great room with open beamed ceiling and large fireplace.

The gourmet kitchen features a Wolf range, stainless steel appliances and granite counter tops. Master Retreat has sitting area with fireplace and large master bathroom. Casita style bedrooms include 2 one bedrooms with a Jack and Jill bath between, and one 2 bedroom with a Jack and Jill bath between. All bedrooms open onto the courtyard.

This home is perfect for entertaining, and it has an amazing vacation rental history.

It’s on the market for $1,800,000. See how much this home would cost in the Cribline Math analysis below.

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Cribline Math analysis:

With 20 percent down on$1,800,000 of  $360,000, the mortgage would be about $1,40,000. At an estimated 4 percent interest rate fixed for 30 years, the gross payment would be about $8,3750 per month.  After tax deductions, the net payment would be about $5,86500 per month.  

Happy holiday house hunting!

 

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