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$ 4,499,900
Est. payment /mo
New
79135 Avenue 41 Bermuda Dunes, CA 92203
8 Beds
6 Baths
10,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $449
MLS Listing ID 219149266
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1990
Lot Size 8.110 Acres
Property Sub-Type Single Family Residence
Property Description
An extraordinary opportunity to acquire one of Southern California's most unique aviation estates with direct taxiway access to Bermuda Dunes Airport. Encompassing approximately 8.11 acres, over 10,500 square feet of living space, two private airplane hangars, and a private water well, this is a rare opportunity for investors, aviation enthusiasts, and trophy estate buyers alike.
For sophisticated investors completing a 1031 Exchange, this property offers a compelling tax-planning opportunity. With the land currently assessed at approximately $169,000, a substantial portion of the purchase price may be attributable to improvements, creating the potential for significant cost segregation and bonus depreciation benefits (buyers should consult their tax advisor). Opportunities with this type of land-to-improvement ratio are exceptionally rare.
This estate is ideally suited for the luxury short-term rental and event market. The expansive residence, sprawling grounds, private lake, runway access, versatile hangars, and private water well providing substantial irrigation savings create an exceptional setting for luxury retreats, corporate events, weddings, wellness experiences, automotive showcases, aviation gatherings, and exclusive private celebrations. The two hangars can accommodate private aircraft or be reimagined as extraordinary entertainment venues, collector garages, fitness facilities, or multipurpose event spaces.
Adding to its investment appeal, the existing floor plan offers the opportunity for a future owner to reconfigure the residence into approximately 12 bedrooms (subject to buyer verification and any required approvals), significantly increasing its potential for luxury group accommodations and maximizing short-term rental revenue.
The property is being offered in its current condition and requires deferred maintenance and modernization. To help buyers visualize its extraordinary potential, professionally created digital renderings showcase how the estate can be transformed with revitalized landscaping and exterior enhancements. With thoughtful renovations, this property has the opportunity to once again become one of the Coachella Valley's premier destination estates. According to revenue projections prepared by premier local short-term rental management companies, the property has the potential to generate in excess of $1,500,000 annually following appropriate renovations, furnishing, operational improvements, and optimized bedroom configuration. Buyers are encouraged to independently verify all income projections and intended uses.
Replacement cost alone makes recreating an estate of this caliber with runway access, over 10,500 square feet of living space, more than eight acres, a private water well, two airplane hangars, and direct taxiway access nearly impossible in today's market. This represents an opportunity to acquire a legacy asset at a fraction of what it would likely cost to replicate.
Properties offering this combination of runway access, trophy estate scale, aviation amenities, event potential, tax advantages, low irrigation costs, and exceptional value-add upside rarely become available. Whether your objective is wealth preservation, tax efficiency, luxury hospitality, private aviation, or owning one of Southern California's most distinctive estates, this property presents a truly unique opportunity.
This isn't simply a home--it's a business opportunity, a legacy asset, and one of the most compelling aviation estates to hit the market in Southern California.
For sophisticated investors completing a 1031 Exchange, this property offers a compelling tax-planning opportunity. With the land currently assessed at approximately $169,000, a substantial portion of the purchase price may be attributable to improvements, creating the potential for significant cost segregation and bonus depreciation benefits (buyers should consult their tax advisor). Opportunities with this type of land-to-improvement ratio are exceptionally rare.
This estate is ideally suited for the luxury short-term rental and event market. The expansive residence, sprawling grounds, private lake, runway access, versatile hangars, and private water well providing substantial irrigation savings create an exceptional setting for luxury retreats, corporate events, weddings, wellness experiences, automotive showcases, aviation gatherings, and exclusive private celebrations. The two hangars can accommodate private aircraft or be reimagined as extraordinary entertainment venues, collector garages, fitness facilities, or multipurpose event spaces.
Adding to its investment appeal, the existing floor plan offers the opportunity for a future owner to reconfigure the residence into approximately 12 bedrooms (subject to buyer verification and any required approvals), significantly increasing its potential for luxury group accommodations and maximizing short-term rental revenue.
The property is being offered in its current condition and requires deferred maintenance and modernization. To help buyers visualize its extraordinary potential, professionally created digital renderings showcase how the estate can be transformed with revitalized landscaping and exterior enhancements. With thoughtful renovations, this property has the opportunity to once again become one of the Coachella Valley's premier destination estates. According to revenue projections prepared by premier local short-term rental management companies, the property has the potential to generate in excess of $1,500,000 annually following appropriate renovations, furnishing, operational improvements, and optimized bedroom configuration. Buyers are encouraged to independently verify all income projections and intended uses.
Replacement cost alone makes recreating an estate of this caliber with runway access, over 10,500 square feet of living space, more than eight acres, a private water well, two airplane hangars, and direct taxiway access nearly impossible in today's market. This represents an opportunity to acquire a legacy asset at a fraction of what it would likely cost to replicate.
Properties offering this combination of runway access, trophy estate scale, aviation amenities, event potential, tax advantages, low irrigation costs, and exceptional value-add upside rarely become available. Whether your objective is wealth preservation, tax efficiency, luxury hospitality, private aviation, or owning one of Southern California's most distinctive estates, this property presents a truly unique opportunity.
This isn't simply a home--it's a business opportunity, a legacy asset, and one of the most compelling aviation estates to hit the market in Southern California.
Location
State CA
County Riverside
Area 312 - Bermuda Dunes
Interior
Heating Central
Cooling Air Conditioning
Fireplaces Number 1
Fireplaces Type Gas
Furnishings Unfurnished
Fireplace true
Exterior
Parking Features true
Garage Spaces 10.0
Pool Heated, Private, In Ground
View Y/N true
View Lake, Mountain(s), Panoramic
Private Pool Yes
Building
Lot Description Premium Lot
Story 2
Entry Level Two
Sewer In, Connected and Paid
Level or Stories Two
Others
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by HomeSmart