74225 Candlewood Street, Palm Desert, CA 92260
List Price: $850K
Listing Status: Active
Original List Price: $925K
0Days on Market: 20
4 Bedrooms · 3 Bathrooms · 2,288 sq ft
Property Type: Residential
Year Built: 1964
Lot Size: 6,098 sq ft
Private Pool: Yes
MLS Number: 26667845PS
About This Property
This El Paseo-adjacent property in South Palm Desert is a rare income-producing opportunity, with the standout detached casita that has proven it can significantly offset or even cover your monthly payment. This setup allows the home to be used as a Home Share, enabling you to secure an STR permit in Palm Desert. Perfect for investors or owners who want flexibility. Live in the main house full-time while renting the casita, use the property as your part-time desert retreat, just a week or two per month, and rent both units, or capitalize on the strong Airbnb demand in Palm Desert, where quality short-term rentals are hard to secure and often require owner occupancy. The casita has a private entrance and proven rental history that make it a valuable asset that drives home value in this desirable location. The ONE to see in South Palm Desert. A significant level of work and investment over the past 18 months sets this El Paseo adjacent property apart, where privacy, style, and income potential come together in a home that has been extensively improved throughout and beautifully dialed in. Ultra private and gated with mountain views and an iconic kidney shaped pool, this four bedroom layout includes a standout detached CASITA with a proven rental back story. Pride of ownership is felt throughout with a cohesive, modern finish. The main living areas flow beautifully with an updated fireplace and direct access to the poolside setting where outdoor living takes center stage. The kitchen, completely redone in 2025, anchors the home with clean lines and smart design, complemented by an adjacent laundry area. Bedroom separation works beautifully with all bathrooms remodeled. The primary ensuite opens to the pool with French doors framing mountain views, while the walk in closet has been elevated with custom built ins. On the opposite side of the home, guest bedrooms two and three are light and bright, with one currently styled as an office and positioned next to a full bath. The detached casita enjoys its own private entrance and patio access with a comfortable mix of living room, kitchenette, and sleeping area, ideal for guests, extended stays, or income producing use. Rooftop SOLAR with 32 panels is in place. Updated landscaping includes turf, new irrigation, and outdoor lighting. Notable additions and upgrades since mid 2025 include new flooring, all new lighting paired with an upgraded electrical panel, a modernist gate across the circular drive with epoxy finished driveway, privacy fencing with sliding gates, whole house interior paint, and a replaced HVAC compressor. El Paseo shopping and dining are just a few blocks away, putting the best of Palm Desert right at your fingertips.