LUXURY PROPERTY AUCTION: 9-23 JULY. Estimated sale price: $2M-$2
LUXURY PROPERTY AUCTION: 9-23 JULY. Estimated sale price: $2M-$2.4M. A singular piece of Palm Springs history, this Class One historical designation residence-known as the Giannini House-stands as one of Araby Cove's most storied estates. Originally built as a desert retreat for the founders of Bank of America, the home's board-formed poured-in-place concrete and finely cut locally quarried stone reflect an era of unmatched craftsmanship. Naturally cool year-round, the solid construction is as enduring as its legacy. An original rock fireplace anchors the living room, which flows through an office nook into a gourmet kitchen with butler's pantry and coffee bar. A formal dining room, four bedrooms, and a remarkable basement bank vault-ideal as a wine cellar-complete the interior. Above, an Albert Frey deck serves as a star-gazing platform and shaded motor court below. The kidney-shaped pool and outdoor patios open to sweeping mountain views, while the front porch frames panoramas stretching from downtown Palm Springs to the windmills-all minutes from the city's celebrated dining and culture. Property and opportunity details provided by seller or others; buyer to verify.