Water Views - Fixer Upper
Listed By:
David Colin with HomeSmart;
Address
79135 Avenue 41, Bermuda Dunes, CA
Price
$ 4,499,900
Property Attributes
  • MLS#219149266DA
  • TypeSingle Family
  • Listing Status Active
  • CountyRiverside
  • CityBermuda Dunes
  • Area Bermuda Dunes, Myoma
  • NeighborhoodNot Applicable-1
  • Zip92203
  • Style
  • Year Built1990
  • Price$ 4,499,900
  • Bedrooms8
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage10000
  • Lot Size8.11 Acres
Data Source:
California Regional MLS (CRMLS)
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.

Price History
6/16/2026 Listed $4,499,900

General Features

Living Area 10000
Heating Central
Possession Close Of Escrow
Garage Spaces 10
Pool Features Electric Heat,In Ground
Security Features Security Gate
Year Built 1990
View Lake,Mountain(s),Panoramic
Stories Count 2
Levels Two
Property Subtype Single Family Residence
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Not Applicable-1
Garage Y/N true
Full Baths 6
Special Listing Conditions Standard
Status Active
Directions Google .maps Cross Street: Adam's.
City Bermuda Dunes
Senior Community Y/N false
Open Parking Spaces 50
MLS Area 312 - Bermuda Dunes, Myoma
Lot Size Units Square Feet
Lot Size Square Feet 353272
Listing Terms Cash to New Loan
Spa Features In Ground,Private
Property Attached Y/N false
Land Lease Y/N false
Property Condition Fixer,Repairs Major
Lease Considered Y/N false
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
PostalCity BERMUDA DUNES

Interior Features

Flooring Carpet
Fireplace Features Family Room,Gas
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 8
LivingAreaSource Assessor
Total Baths 6

Exterior Features

Parking Features Direct Access,Driveway,Garage
Lot Features Drip Irrigation/Bubblers,Sprinkler System
Water Source Well
Total Parking 68
Lot Size Area 353272
Spa false
Lot Size Acres 8.11
Private Pool true
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92203

Price
AVG $700K
$4.5M
Year Built
AVG 2008
1990

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