Amazing price reduction! Unique Short Term Rental Opportunity with an existing ADU! Privacy and old world charm await in this estate home nestled high in Araby Cove on Fee Land and No HOA! The original home was built in 1939 with many alterations through the years. The primary residence offers a charming living room with vaulted wood ceiling and wood burning fireplace. You will enjoy panoramic mountain and city light views from the open kitchen and dining area which lead to a very large covered patio area perfect for entertaining. Take a few steps down to a new wood deck and spacious pool area where it is always time to relax and enjoy the sun. The master bedroom retreat is privately located away from the living area as well as the second bedroom. The flow of this home is perfect for welcoming family and friends. French doors from the living room open to the large private front patio leading to the approximately 648 sf detached guest house. The oversized garage has enough height for taller vehicles and will fit up to 4 smaller cars tandem. Garage doors open front and rear with large covered carport attached with room for RV parking. As currently designed the home, guest house and garage are on a .93 acres but will transfer with an additional 1.27 acres for a total of 2.2 acres. Fully owned solar and 2 Tesla backup batteries. Let your creative juices flow to reimagine this amazing property as your new home, family retreat or investment opportunity. Lowest price per square foot in the area. Incredible opportunity to own an estate property in Palm Springs. Come take a look!