2150 N Farrell DrivePalm Springs, CA 92262

Welcome to an unparalleled oasis of luxury and comfort just 5 minutes away from the bustling downtown Palm Springs Arts District. Situated on a sprawling lot over half an acre, this stunning compound property boasts of two homes, each offering unmatched opulence and style with all new renovations. The first house is a spacious 3 bedroom, 2 bath abode, while the second is a cozy 2 bedroom, 1 bath dwelling. This compound is perfect for the buyer that would love to utilize the main home as their primary residence and can rent out the guest home unlimited times out of the year to earn passive income to cover the mortgage with the Home-Share license issued by the city. This remarkable compound provides a perfect retreat for families, groups or anyone wanting to experience the good life in Palm Springs. Designed with a fine eye for detail, every inch of this majestic property is geared towards providing the ultimate in relaxation and entertainment. This home has an unbelievable yard which will be the envy of all and possibly the best in the city or anywhere for that matter. Step outside to discover an outdoor oasis that will leave you breathless. This property features not one, but two sparkling pools that beckon you to take a dip and cool off in the desert heat. Awe-inspiring landscaped grounds dotted with palm trees and lush vegetation are accentuated by stunning mountain views that set the perfect backdrop for your leisure time. The two outdoor kitchens are perfect for preparing delicious meals, while the two pool sunken firepits are just the right spot for snuggling up on cool evenings. Each home has their own outdoor shower. The bocce ball court offers endless fun, and the regulation sized pickleball court comes with stadium seating for those who prefer a little more action. A four-hole putting green invites golf aficionados to perfect their swings, while a concrete communal table with a firepit is the perfect gathering place for evenings spent with friends and family. Enjoy the tranquil yoga and hammock lounge with water features or engage in some friendly competition at the horseshoe pit. This property comes with schronized outdoor LED lighting that illuminates the pools, both homes, the putting green and water feature with any color to match your mood! With ample private parking for up to 10 cars, this property offers all the space and amenities you need to host the ultimate private gathering for up to 50 guests with room to spare. This exceptional estate is truly a gem in every sense of the word. So, come and experience the epitome of luxury living in one of the most magical destinations in the world. This will be a great buy for the savvy investor looking to capitalize from a 1031 exchange for the investor looking to benefit from the tax saving benefits of cost segregation. If you're looking for a second home, a home for multiple families or a resort style primary residence, look no further!