Rancho Mirage, CA 92270
Built in 1961, this architectural unit was designed Val Powelson and built by contractor, Robert Marx, son of Gummo Marx. Davall Estates is listed on the Rancho Mirage Register of Historic Resources, and consists of 20 mid-century architectural bungalows. Rarely on the market, this home features unique angular design, fireplace, tongue-and-groove ceilings throughout, with two bedrooms and two baths. Situated in a beautiful setting, close to The River, Tamarisk Country Club, shopping and fine dining, this cozy home makes an ideal desert retreat. Stunning mountain views from living room. Davall Estates is a stock cooperative; owner will possess a 1/20th share of the complex, VERY low annual property taxes. Sale must be a cash-only transaction.Oranj Vacation rentals projects that this would generate $2500-$2750 monthly as a furnished vacation rental (7500-10,000 annually). Rental analysis attached to listing.
Matthew Reader with The Paul Kaplan Group Inc
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