36927 Palm View
About This Property
Located in the coveted Tamarisk Ranchos community of Rancho Mirage-an architecturally significant enclave of just sixteen homes designed by renowned mid-century architect William Krisel-this exceptional residence celebrates timeless design, comfort, and authenticity.
Lovingly maintained by the same family for many years, the home has been thoughtfully updated while preserving its original architectural integrity. The spacious living room features open-beamed ceilings and floor-to-ceiling walls of glass, framing breathtaking views of the lush central courtyard, mature landscaping, and the San Jacinto Mountains beyond.
The updated kitchen offers new appliances and stylish finishes, blending modern convenience with classic mid-century sensibility. The home includes three bedrooms and three baths, featuring a generous primary suite with excellent closet space and a beautifully remodeled bathroom with a walk-in shower. The guest bedroom also enjoys an updated ensuite bath with a double-sink vanity, while the third bedroom-originally designed as a maid's room-features its own three-quarter bath, ideal for use as a home office or studio. Separate TV room with pocket doors and glass sliding door to rear yard.
A private back brick patio and lawn provides a serene space for outdoor entertaining or quiet relaxation. Additional highlights include new tile flooring, meticulous maintenance, and a location within a walkable neighborhood of luxury homes, many with mid-century architectural pedigree.
Residents of Tamarisk Ranchos enjoy wonderful mature citrus trees, a large community pool heated during the winter months, and the added benefit of the Mills Act designation, offering significant property tax advantages for historic homes. Each residence proudly displays a bronze plaque honoring William Krisel and the community's historic connection to Tamarisk Country Club-making this one of Rancho Mirage's most distinctive and desirable addresses. Tesla electric car charging in garage.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Feb 13, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Nov 11, 2025 | Listed by Realty Trust | $1,150,000 | |
| Listed by Realty Trust | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017