Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Active

$4,600,000

($4,056,510 down)
VA

466 Camino Sur, Palm Springs, CA 92262

4
3
4,368 sqft
PITI Monthly
$7,605.92 /mo

Listing courtesy of: Danielle Parker, Coldwell Banker Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$2,442 /mo
$3,943 /mo

What's Special

LOCATION
ENTERTAINMENT
DINING
SPACIOUS
MODERN
LUXURY
FIREPLACE
PATIO
MOUNTAIN VIEWS

A Piece of Hollywood Glamour in the Heart of Palm Springs Thinking about making a move to Palm Springs? This stunning 4,368 SqFt estate in prestigious Old Las Palmas offers the perfect blend of luxury, history, and entertainment, all set against a backdrop of breathtaking mountain views. Designed by Robert Marx, son of Milton "Gummo" Marx of the legendary Marx Brothers, this home exudes character with its original carved doors, handcrafted marble fireplace, and mature landscaping. The seamless indoor-outdoor flow creates the perfect setting for entertaining, whether you're hosting intimate gatherings or lavish soirées. Spacious Open Floor Plan – Bright, airy, and designed for effortless living. Chef’s Kitchen – Recently upgraded with Italian marble countertops, brand-new plumbing, Viking stove, Sub-Zero refrigerator, and standalone wine cooler. Direct access to an outdoor built-in BBQ makes al fresco dining a breeze. State-of-the-Art Sound Room – Originally a bedroom, now an audiophile’s dream with a high-end sound system. Retains original plumbing, offering flexibility as a private studio or guest suite. Modern Comforts & Security Advanced sound system, gallery-style lighting, and a top-tier security system for peace of mind. Rare 8-Foot Deep Pool – A true luxury in Palm Springs, this saltwater or chlorine convertible pool offers incredible versatility and a resort-like experience. Expansive Outdoor Living – Large patios, lush greenery, and unobstructed mountain views make this an entertainer’s paradise. No Power Lines in Old Las Palmas – A rare find in Palm Springs, this neighborhood offers pristine, unobstructed views without power lines disrupting the skyline. Prime Location Located just minutes from world-class golf courses, the BNP Paribas Open, Coachella, and the Palm Springs International Film Festival, this home offers an unparalleled lifestyle. Old Las Palmas has long been a celebrity favorite, with past and present residents including Frank Sinatra, Elizabeth Taylor, and Leonardo DiCaprio. This isn’t just a home, it’s an experience. Don’t miss the chance to own a true Palm Springs masterpiece.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.94
Remaining Loan Term
26 years, 3 months
Monthly PITI
$7,605.92/mo
Estimated Loan Balance
$545,705
Cash to close
$4,056,510
Interest Paid
$61,815

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: NaturalGas
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Privacy, StuccoWall
Roof
  • Roof: Foam
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SewerTapPaid
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Gunite, Heated, InGround, Private, Tile

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Foam
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Old Las Palmas (33237)
  • Features: Hiking, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Palm Springs

Financial Details

  • Price per Sqft: $1,053.11
  • Tax Annual Amount: $57500
  • On Market Date: 2024-05-22T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $4,056,510 (88%)
You can enter any amount below - secondary financing will cover the difference if needed.
88%
$

You cover the entire equity of $4,056,510!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$543,490
Your Cash:$4,056,510
Total Purchase Price:$4,600,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$2,442/mo
Traditional @ 7.5%
$4,090/mo
You save $1,647/month ($19,769/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24103592

Listing From:

Last updated: 2025-03-30T20:24:40.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.94%
7.15%

Principal & Interest

$2,442 /mo
$3,943 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $4,056,510 (88%)
You can enter any amount below - secondary financing will cover the difference if needed.
88%
$

You cover the entire equity of $4,056,510!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$543,490
Your Cash:$4,056,510
Total Purchase Price:$4,600,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$2,442/mo
Traditional @ 7.5%
$4,090/mo
You save $1,647/month ($19,769/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

Powered By UMe.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.