Welcome to the ultimate Palm Springs turn-key short-term rental investment, secondary home, or primary residence: a bright, 1970s Spanish-style home on a quiet cul-de-sac street in the desirable Los Compadres neighborhood of South Palm Springs with a huge 12,197 square foot lot. The neighborhood is well under the short-term rental cap and is eligible to be permitted. The lease is currently in the process of being extended to 2067! This beautiful property is located down the street from the Prescott Preserve for outdoor lovers. The home has been updated across the board with exquisite finishes and comes fully furnished with premium furniture and decor. The main living area boasts high vaulted ceilings, large windows and sliders, and a stunning fireplace with floating shelves. The new chevron floors add to the unique, mid-century modern feel of the home. The kitchen has been completely reimagined with waterfall quartzite countertops, two peninsulas with seating on either side, all new appliances, and a custom floor-to-ceiling pantry. Step outside and dive into your pool, relax in the hot tub, hang out on the brand-new deck, or pick fresh lemons and grapefruits from your mature trees. The backyard is an oasis full of different seating options to watch the sunset over the unobstructed San Jacinto mountains - no power lines in the way! You're surrounded by a newly designed desert landscape with a drip system. The en-suite primary and guest bathrooms have beautiful double vanities and newly tiled floors. The primary bedroom fits a king-sized bed and side tables and has a large walk-in closet. The two additional queen-sized bedrooms each have wall-to-wall closet space and ample light. The two-car garage has an incredible amount of built-ins for additional storage and a washer and dryer. The home is move-in ready, whether you're looking for your primary residence, vacation home, or AirBnb. Come see for yourself what this rare find has to offer