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

By CASEY FARMER
Tue, Mar 11, 2025 9:08amGrey Clock 2 min

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.



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Fortis sets new Richmond benchmark with Keebaugh penthouse purchase

Hospitality entrepreneurs Bruce and Chyka Keebaugh have set a new price benchmark for apartment living in Richmond with their purchase of a Carmine House penthouse.

By Staff Writer
Wed, Jul 15, 2026 2 min

Leading Australian development manager Fortis has secured a landmark off-the-plan sale at Richmond Square, with high-profile hospitality entrepreneurs Bruce and Chyka Keebaugh purchasing a 550sqm penthouse residence in Carmine House, establishing a new price benchmark for apartment living in Richmond.

The purchase underscores the continued demand for premium, amenity-rich residences in Melbourne’s inner east.

The transaction marks a significant milestone for the $330 million mixed-use precinct, reinforcing buyer appetite for integrated, lifestyle-led developments.

Richmond Square comprises two residential offerings – Carmine House and Wiltshire House – alongside a 57-room boutique hotel, strata office space and a curated mix of retail and lifestyle operators.

As part of Carmine House, residents have access to hotel-style amenities and services, including concierge, housekeeping, dry cleaning and in-residence food and beverage delivery.

Best known for building The Big Group into one of Australia’s leading luxury hospitality and events businesses, the Keebaughs were drawn to the precinct’s integrated lifestyle offering and its proximity to Melbourne’s hospitality, cultural and sporting precincts, while remaining well connected to the Mornington Peninsula, where they spend much of their time.

As well, Chyka is well known to Australian audiences as one of the original stars of The Real Housewives of Melbourne, appearing across three seasons of the hit reality series.

Alongside her business ventures with Bruce, she has built a public profile as a lifestyle authority, authoring two books on home and entertaining, Chyka Home and Chyka Celebrate.

“We weren’t simply looking for a luxury apartment,: the couple said. “We were looking for a home that delivers an exceptional lifestyle every day. The combination of design, walkability, security and the broader precinct vision for the broader precinct immediately stood out.”

Jordan Winada, Head of Acquisitions (Commercial) Victoria at Fortis, said the result highlights evolving priorities at the top end of the market.

“This sale reinforces that premium buyers are prioritising the complete lifestyle experience,” says Winada.

“They’re increasingly looking beyond the apartment itself and assessing the quality of the surrounding neighbourhood as well.”

Sean Cussell, Director at Christie’s International Real Estate Victoria, who negotiated the transaction, said the result reflects the lack of comparable product at this level of the market.

“There’s simply no direct comparison for this in Richmond. It’s not just an apartment; it’s part of a fully integrated precinct combining residential, hotel, workplace and lifestyle amenity,” Cussell said.

“Buyers are increasingly assessing the broader offering, from amenity and walkability to service and convenience. Projects that deliver a complete lifestyle experience continue to outperform.”

The sale contributes to Fortis’ strong national performance, with the business recording more than $124 million in sales since March, the last three all record-breaking penthouse sales across the country, reflecting sustained momentum across its portfolio and continued appetite for premium, design-driven developments.

This follows Fortis’ recent record-breaking Ruby House penthouse sale in Sydney’s Double Bay, which set a new benchmark for apartment living in the suburb and underscores the strength of demand at the ultra-premium end of the market.

Richmond Square will announce its hospitality and lifestyle operators in the coming weeks as the project progresses towards completion this year.

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