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Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $1.3K per day and long-term for an average of $3,739 per month, based on similar listings in the area. Estimated short-term cap rate of -3.9%. Estimated long-term cap rate of -6.0%. The ''Circular Sun House'' was designed by Frank Lloyd Wright and was his final architectural design, and known as the Norman Lykes House. 3 beds + office + den + Library. Designed to blend in with the curves of the surrounding desert mountain, this iconic masterpiece was the last home designed by Wright and one of only 14 circular homes by the master architect. Overlapping concentric circles create a floorplan that flows seamlessly from one room to another while every room takes in unobstructed majestic views of Palm Canyon and the city below. Curved walls, clad in golden-hued Philippine mahogany cover the three bedrooms and hallway, reflecting the natural light of Palm Canyon. Sprawling entertaining spaces flow outside to ample patios and a crescent-shaped pool. In Architectural Digest! Three bedrooms PLUS library, plus den could be 4th bedroom and office that sits atop the home.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $12986 |
Bedrooms | 3 |
Bathrooms | 3 |
SQFT | 3,095 |
Furnished | N/A |
Year built | 1967 |
Listing Status | Off Market |
MLS | 6507389 |
