Gucci Heiress’s California Desert Home Hits the Rental Market for $28,000 a Month

A Southern California desert compound built by a Gucci heiress is now available to rent for $28,000 a month.

Located in Palm Desert, about 25 miles south of Palm Springs, the home was bought and renovated in the 1990s by Patricia Gucci, the only daughter of Aldo Gucci and granddaughter of Guccio Gucci, who founded the luxury Italian fashion house, according to The Wall Street Journal . It has been on and off both the sales and rental markets since 2012, once asking as much as $9 million, the listing history shows.

On a map the 4-acre property’s location appears totally remote, but it’s just 11 minutes from the main strip in Palm Desert, which has grocery stores, restaurants, art galleries and high-end shopping. Driving up to the property, though, it “feels like you’re going through Mars,” said listing agent Michelle Schwartz of the Agency.

“It’s a total retreat,” she said. “You have peace, remoteness, security, safety, but it’s a lot closer [to town] than people give it credit for.”

Schwartz and her colleague Adrienne Herkes brought the property to the rental market at the end of February. Schwartz couldn’t comment on the seller’s identity.

Located within a gated community in the Santa Rosa Mountains, the compound comprises a main house and two guest houses, which in total offer 10 bedrooms, 11 bathrooms and about 10,800 square feet of living space. Each guest house has its own kitchen.

Its style takes inspiration from a variety of cultures, with details including Moroccan-style wall niches, plaster walls, and a Greek-inspired built-in bed in the primary bedroom.

The seller “is a world traveler, and she’s collected energy and vibes from all different parts of the world and put them together into this property that she’s been part-time living in for all these years,” Schwartz said.

Both the compound’s tennis court and pool overlook views of the Coachella Valley, as the property sits high up on Bighorn Mountain.

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“It’s almost like you’re on top of the world,” Schwartz said. “And oftentimes, you can see bighorn animals. It’s a very natural setting.”

Schwartz added that because of the property’s high altitude, it remains about 10 degrees Fahrenheit cooler than the base of the mountain, making it more bearable, even in the summer.

The property, which can be rented for short terms, hits the market in anticipation of the area’s slew of spring festivals, including Coachella and Stagecoach. Schwartz also thinks the property would be “perfect” for someone seeking inspiration, or even an artist in need of a backdrop for a photo shoot.

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“It’s somewhere you can think. You don’t hear anything—there’s no cars, there’s no noise,” Schwartz said. “You’re close enough to everything [in town], so you can have the nuances of everyday life and modern living, but you’re completely removed once you’re here, and you can breathe.”

Patricia Gucci, who founded the luxury travel bag brand Aviteur, couldn’t be reached for comment.

Capital city home prices have continued to rise in April despite higher interest rates and ongoing uncertainty about the outlook for inflation and the global economy.

Growth rates, however, have eased, reflecting the usual subduing effect of the lengthy April holiday month.

The national capital city median house price increased marginally by 0.2% over the April quarter to $1,297,798 compared to the March quarter, according to the latest data from My Housing Market.

Annual national house prices are, however, 10.2% higher and have now increased for 14 consecutive months.

Most capitals reported house price increases over the month, with Brisbane and Perth the top performers, each higher by 1.3%, followed by Hobart and Darwin, both up 1.2%, Adelaide up 0.2%, with Sydney steady. Melbourne prices, however, fell 0.7%, while Canberra prices fell 1.7%.

Most also report strong annual house price growth in excess of 10%, with Perth, Darwin, Brisbane, and Adelaide clearly the highest, up by 25.7%, 21.6%, 20.0% and 14.2% respectively.

National unit prices were also higher in the April quarter than in the March quarter, rising by 0.5% to $728,459, and have now increased by 8.2% compared to the April quarter 2025 result.

Brisbane was the top monthly performer in April, with unit prices rising by 1.7%, followed by Perth up 1.0%, Melbourne and Canberra each up 0.9%, Adelaide up 0.6%, and Hobart up 0.1%. Sydney unit prices were steady over the month; however, Darwin unit prices were down 0.8%.

Similar to houses, Perth, Brisbane, Adelaide and Darwin continue to record the highest annual unit price growth to April 2026, at 30.1%, 27.8%, 12.9% and 11.8%, respectively.

Dr Andrew Wilson. Photo: Giovanni Portelli Photography

Analysis

Capital city housing markets have generally reported higher home prices in April, although growth rates have eased compared to March.

Easing housing markets reflect the usual dampening effects of the lengthy April holiday month, although higher interest rates and increased uncertainty about the economic outlook have weighed on affordability and confidence.

Robust annual home price growth, however, continues for most capitals with Perth, Darwin, Brisbane, and Adelaide still reporting boomtime results.

Although 2026 is still set to see home price growth generally in most capitals, the rising spectre of further interest rate increases and elevated uncertainty over the outlook for inflation and the economy will continue to dampen affordability and confidence.

Brisbane, Adelaide, Perth and Darwin, however, are again set to lead capital city outcomes for both houses and units, but are unlikely to match the extraordinary 2025 results.

Brisbane, Perth and Adelaide continue to record higher median house prices than Melbourne, with Perth now closing in fast on Brisbane and set to lead all but Sydney.

Underlying drivers will continue to support overall housing market activity, although the outlook for RBA interest rates is more problematic, with inflation set to accelerate and economic activity to decline as a consequence of the recent sharp increase in oil prices.

The economy, however, remains strong, with a steady, still-low jobless rate, falling unemployment, continued robust job growth, and a high participation rate.

Housing demand continues to outpace a low and diminishing housing supply, and although high post-COVID migration levels have recently eased, numbers remain strong and will add to chronic housing undersupply, supporting high rents and low vacancy rates generally in capital city rental markets.

Following a period of easing in rental growth, the latest data continue to show extraordinarily low home rental vacancy rates and clear signs that rents are on the rise again.

High rents and higher prices continue to provide clear incentives for first-home buyers and investors chasing solid investment returns.

Ongoing government initiatives to support first-home buyers will increase demand and place further upward pressure on prices.

Capital city housing markets generally recorded higher house and unit prices over 2023, 2024 and surged over 2025, fuelled by rising buyer and seller confidence through sharp cuts to interest rates.

Although 2026 is again likely to see higher home prices, significant uncertainty has recently emerged about the near-term outlook for already-high interest rates and economic activity, which will generally dampen buyer and seller confidence.

Early signs are emerging in the recent weakening of home auction market clearance rates, particularly in Sydney and Melbourne.

Gucci Heiress’s California Desert Home Hits the Rental Market for $28,000 a Month

The granddaughter of Guccio Gucci has owned the Palm Desert home for more than 30 years.

Australia’s capital city housing markets have continued to record price growth, although higher interest rates and economic uncertainty are beginning to temper momentum.