Historic Sidney Sheldon Palm Springs Compound Comes on the Market for $8.3M

Historic Sidney Sheldon Palm Springs Compound Comes on the Market for $8.3M

Historic Sidney Sheldon Palm Springs Compound Comes on the Market for $8.3M 1150 862 Patrick Stewart Properties

Old Las Palmas multi-residence property, formerly owned by author Sidney Sheldon offers fabulous mountain views, privacy and stunning gardens.

Palm Springs, CA (November 30, 2021)— The 1.17-acre private sanctuary known as Running Water, formerly owned by Sidney and Alexandra Sheldon, is newly listed for sale at $8.3 million. The beautifully remodeled 7,783 square-foot contemporary Mediterranean, two-home estate, is located in the Old Las Palmas neighborhood of Palm Springs, California.Originally built in 1948, Running Water is a private compound where celebrity author Sidney Sheldon relaxed. This quiet oasis, transformed over the past few years by the current owners, now features a formal gatehouse, desert gardens and flowering trees, two swimming pools (social and 75-foot lap), state-of-the-art celebrity lifestyle amenities and spectacular views of the San Jacinto Mountains.

“Running Water is the perfect blend of privacy, serenity, and incomparable design in Old Las Palmas,” said Stewart Smith, Realtor with PS Properties representing the seller. “A rare find, every square foot of the remodel was diligently considered to maximize the full potential of the private compound, making it ideal for multi-generational living, art collectors, hobby enthusiasts and an indoor/outdoor lifestyle.”

The 5,797 square-foot main house at 480 W. Via Lola was completely reconfigured to connect the social areas while maintaining the seclusion of the private quarters. The resulting split layout is private yet inviting, with generous room sizes, ceilings of up to 11 feet, and four fireplaces. Spacious hallways lead to living and dining rooms adjacent to a large contemporary Bulthaup kitchen with Gaggenau appliances. A formal eight-seat screening room is suitable for watch parties or a quiet movie night at home. Four bedrooms, complete with ensuite Boffi bathrooms, and two additional powder rooms underscore the design and craftsmanship in the estate’s main home. Its easy flow is enhanced by large windows that capture breathtaking mountain views and abundant natural light which can be regulated.

Connected to the main home by stunning gardens is a one-bedroom 1,986 square-foot home with a separate address, 505 Camino Sur. This home was reconceived by the current owners to provide for guest accommodations. Maximizing mountain views, this home features dining and living rooms as well as a primary bedroom with walk-in closet and ensuite bathroom. Gaggenau appliances, Bulthaup cabinetry and clean lines provide a contemporary yet inviting feel, similar to the main home. The guesthouse additionally includes an apartment/studio with separate entrance. This space has a private bath and is ideal for a yoga room, studio space, gym, art studio, or separate living quarters.

“The fact that Sidney Sheldon and family found inspiration and thrived here adds to the appeal of this magnificent and unique market offering,” said Patrick Jordan, Realtor, PS Properties representing the seller.