Real estate in the Palm Springs area may be less expensive than San Francisco or the Bay Area, but if you've got an extra $5 million burning a hole in your pocket, how about picking up Bing Crosby's former home in Rancho Mirage.
Has Real Estate Recovered in the Coachella Valley?
It just went on the market at a bit of a higher price than when it was last sold before the economic crisis of 2008. The sale price then was $2.6 million. Why says California doesn't recover faster than almost anywhere else?
Even though he's famous for crooning “White Christmas”, he spent his holidays in the desert among his family and many friends – not a snowflake in sight. In fact, John F. Kennedy is said to have met Marilyn Monroe here, but don't quote me.
The house was built in 1957 and is true mid-century modern, albeit it with a Moroccan theme.
The listing agents, are Linda Taglianetti, Fredrik Eklund, John Gomes and Gail Vasquez of Douglas Elliman Real Estate. I'm sure they'd be happy to show it to you whenever you're ready.
The master bedroom is larger than my entire home, but, oh well . . .