Picture a cliff-side dwelling on the island of Mykonos! This vintage 1937 Spanish Colonial is sited near the base of the San Jacinto mountains in the coveted and historic Mesa neighborhood known as the ''Hollywood Hills'' of Palm Springs. This fully gated property unites two lots totaling 14,810 square feet. These are 2 separate and legal tax lots with their own APN numbers. A 2011 renovation prior to the current owner was designed and completed by the former owners of the Korakia Pensione Hotel and the Sparrows Lodge. The property offers exceptional potential for expansion. Currently the charming main house consists of 2 BR/2BA sited on the elevated portion of the lot with an extremely spacious upper level patio/flat pad adjacent to the existing structure, ideal for expansion of the main house. The lower pool level of the property contains a 1BR/BA casita and another separate studio/office or 4th BR. There is also a double covered carport, a gated circular drive with high privacy hedge & room for another stand-alone guest house. A large free-form pool with cascading waterfall and poolside gazebo complete this very unique property. Terrace off the master BR offers tree-top and mountain views in every direction. Property has tremendous potential. Sold in as-is condition.