Updated Jul 30, 2026
Louis Magnano Of Modern California House Represents Sale Of Donald Wexler Home In Palm Springs For $1.665M
5305 Lakeside Drive
$1,665,000
$654/SF
Building Size
2,546 SF
Asset Type
Single Family
Closing
Jul 27, 2026
About this deal
AI
A 2,546-square-foot single-family home located at 5305 Lakeside Drive in Palm Springs, CA, has been sold for $1,665,000. The property, designed by Donald Wexler, is part of the historic Green Fairway Estates community, consisting of only 35 homes. The residence, known as the “Royal Singapore” home, was originally listed for $1.825 million earlier this year and was purchased by the seller for $1.55 million in 2022.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,665,000
- Square Footage: 2,546
- Price Per Square Foot: $654
- Address: 5305 Lakeside Drive
- Market: Palm Springs, CA
- Broker: Louis Magnano - Modern California House
The transaction involved Louis Magnano representing the seller in the deal, facilitating the sale of this notable Desert Modernist residence.
On the Map
$1,665,000
$654/SF
Single Family
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Palm Springs Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.53%
Cash-on-Cash
-2.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93