This lucrative, income-generating short-term rental also offers the ideal opportunity for those looking to customize a remodel on a premier estate. Located on 1.15 acres and framed by sensational mountain vistas, 500 W Stevens offers resort-style living on a gated street-to-street lot in the exclusive Old Las Palmas neighborhood. The property boasts five bedrooms and seven bathrooms across more than 6,300 square feet, each with direct outdoor access to the meticulously manicured grounds. Upon entry into the main foyer, one is greeted into the large open-concept living space paired with numerous sets of double doors that effortlessly connect the indoor and outdoor spaces. Adjacent, find the large kitchen with breakfast bar, dining room with outdoor access, living room bar and office space with custom built-in cabinetry, all directly integrated through a thoughtfully designed layout.The primary suite presents two outdoor access points, a focal fireplace and a generously sized primary bath featuring dual vanities, a large shower, a jetted tub, a dry sauna, and an oversized closet. The additional main house bedrooms, all generously sized and paired with ensuite bathrooms, offer added convenience for family members and guests. Entering outdoors, find a multitude of resort-style amenities, epitomizing premium Palm Springs living. Ample covered terrace space lines the rear exterior of the home designed with an outdoor kitchen, dining space, multiple seating areas, and a separate spaall complemented by the large pool and tennis court with direct driveway access.In addition to the main house and double car garage, the property also features a one-bedroom, one-bathroom guest house with a private kitchen and living area offering supplemental accommodations for guests or staff. 500 W Stevens presents refined living coupled with premium resort-style amenities embodying the authentic Palm Springs lifestyle.