$425,000

MAJOR PRICE ADJUSTMENT! Welcome to Iconic Da Vaal Estates, often referred to as the original Desert-X! This Midcentury Modern architectural masterpiece is located in the highly sought after Tamarisk Country Club area of Rancho Mirage. The property was designed in 1960 by renowned architect Val Powelson & built by contractor, Robert Marx, son of Gummo Marx. Consisting of five, one-level, 4-unit condominium groupings based on a four-pointed star. There are no common walls. The only point at which these units are attached is at the center of the ''X'' where each unit has a large storage area originally designed to store your golf cart. The space now houses your laundry, HVAC and water heater. The open living plan spans approximately 32ft & features a vaulted tongue and groove ceiling that soars to 14ft! At one end of the triangular floor-plan is a very generous Primary Suite & at the other a guest bedroom & bathroom suite. There are walls of glass and clerestory windows that fill the space with an abundance of natural light. Once a grapefruit orchard, Da Vaal Estates retains original fruit trees on a 2 1/2 acre site with astounding views! The property is listed on the Rancho Mirage Register of Historic Properties which allows you a very low annual property tax base. Taxes are included in the monthly HOA fee. Da Vaal Estates is a Stock Cooperative. Each owner is issued a ''stock certificate'' granting a 1/20th share of the complex with exclusive use of a specific unit