Welcome to your exclusive downtown Palm Springs retreat! Positioned on coveted FEE (owned) land, this modern townhouse boasts a privileged location in the vibrant heart of Palm Springs, adjacent to the newly minted Arenas District. Indulge in the epitome of Palm Springs living with convenient access to shops, restaurants, and entertainment. Totaling a spacious 2,304 square feet of indoor and outdoor living space, this private end-unit property exemplifies urban desert living. The main level impresses with polished concrete floors, 9-foot ceilings, and a floating steel staircase, creating a stylish and sophisticated ambiance. Enjoy the warmth of a gas fireplace in the living room, casually gather at the breakfast bar, or break bread in the separate dining room. Three large sliding doors flood the space with light and embody quintessential California indoor-outdoor living. The enclosed patio lives like a proper outdoor room, with a soothing water feature, maintenance free landscaping, and is plumbed for your outdoor gas grill or fire feature. You and your guests will love the upper level's two oversized primary suites. The north suite shines with dramatically high ceilings, clerestory windows, a full wall of storage, and a private sundeck, perfect for enjoying the sunrise or the desert's infamous gradient pink and blue sunsets. The south suite offers the luxuries of a Juliet balcony, dual closets (including a large walk-in), and a fully renovated, modern bathroom. The sleekly designed spa-like bathroom offers the convenience of dual sinks, an oversized LED mirror, and a rain shower with floor-to-ceiling glass. 48@Arenas homeowners enjoy four pools and spas, with a newly resurfaced, heated pool and spa just steps from your front door. Additional values in this impressive and rare home include gated access, two covered parking spaces, bicycle storage, exterior patio storage closet, and a new heating & cooling system to ensure efficient year-round comfort in the desert. Revel in the proximity to Palm Springs' finest dining, shopping, and entertainment hotspots, including Sherman's Deli, V Wine Lounge and Martini Bar, Koffi, and the Arenas District. The Block, VillageFest, Palm Springs Art Museum, Convention Center, International Film Festival, and Agua Caliente Casino are all at your doorstep. Seize this opportunity to own a piece of the Palm Springs lifestyle that epitomizes modern, elegant desert living!