1022 E Mesquite Avenue, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath

1022 E Mesquite Avenue, Palm Springs, California 92264 home-pic-0
ACTIVE$1,545,000
1022 E Mesquite Avenue, Palm Springs, California 92264
3Beds
3Baths
2,081Sqft
11,326Lot

Price Vs. Estimate

The estimated value ($1,545,000) is $0 (0%) lower than the list price ($1,545,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2081.
Top Cons:
Price Reduction History: The property has undergone multiple price reductions from its original list price of $1.8M to the current $1.545M, which may suggest overpricing or market resistance.

Compared to the nearby listings

Price:$1.54M vs avg $1.28M (+$263,000)64%
Size:2,081 sqft vs avg 2,172.5 sqft46%
Price/sqft:$742 vs avg $59777%

More Insights

Built in 1951 (74 years old).
Condition: This property, though built in 1951, underwent a full and extensive renovation in 2021, which falls within the 'extensively renovated within 5 years' criterion for an 'Excellent' score. The kitchen features high-end, integrated appliances, modern light wood cabinetry, white countertops, and a stylish custom tile backsplash, all in pristine condition. The bathrooms are also fully updated with 'spa-like finishes and fixtures,' showcasing contemporary tiling (including a striking teal option), modern black hardware, and new vanities. Throughout the home, concrete floors are in excellent condition, and the overall aesthetic blends Midcentury Modern with luxurious contemporary finishes. Additional modern amenities like a new roof, integrated sound system, and an EV charger further support this high rating. There are no visible signs of wear, tear, or deferred maintenance.
Year Built
1951
Close
-
List price
$1.54M
Original List price
$1.8M
Price/Sqft
$742
HOA
-
Days on market
-
Sold On
-
MLS number
219127326DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

1022 E Mesquite Avenue is a beautifully updated Midcentury Modern home located just a short walk from vibrant downtown Palm Springs, blending iconic architectural style with luxurious contemporary finishes. Set behind a gated driveway in Tahquitz River Estates, this fully renovated 3 bedroom 3 bath residence delivers privacy, character, and seamless indoor outdoor living in one of South Palm Springs' most desirable neighborhoods.Striking concrete floors flow throughout the open concept living spaces, where a working fireplace and integrated sound system create a warm, elevated atmosphere. The home was thoughtfully renovated in 2021, including a modernized kitchen with high end appliances, custom tile work, and built in breakfast nook, along with fully updated baths featuring spa like finishes and fixtures. A vintage sunroom adds a distinctive architectural element and flexible space for lounging, dining, or creative use.The main living areas open directly to a private resort style backyard featuring a 40 foot pool, integrated hot tub, multiple outdoor living and dining zones, and breathtaking western mountain views, offering both tranquility and ideal entertaining flow. Outdoor spaces were designed for durability and enjoyment, whether for personal use or hosting guests.Additional amenities include a new roof, gated driveway, 50 amp EV charger, and single car garage, with potential to convert the garage into an additional bedroom or flex space, buyer to confirm. The home is offered furnished per inventory list with select exclusions, allowing for a smooth and immediate transition for a new owner.The property has a documented Airbnb rental history, with rental records available upon request, and a professional property manager is willing to remain in place to provide operational continuity. Due to the home's consistent use as a highly performing short term rental, showing availability has historically been limited, contributing to extended market time; the property is now positioned for significantly improved access and ease of touring.With its unbeatable location, walking distance to downtown Palm Springs dining, shopping, and nightlife, this residence offers a rare combination of design integrity, modern amenities, privacy, and flexibility. Ideal as a primary residence, second home, or income producing desert retreat.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.2mi
4/10
Raymond Cree Middle School
Public,6-82.5mi
4/10
Desert Learning Academy
Public,K-121.0mi
6/10
Palm Springs High School
Public,9-121.3mi
Condition Rating
Excellent

This property, though built in 1951, underwent a full and extensive renovation in 2021, which falls within the 'extensively renovated within 5 years' criterion for an 'Excellent' score. The kitchen features high-end, integrated appliances, modern light wood cabinetry, white countertops, and a stylish custom tile backsplash, all in pristine condition. The bathrooms are also fully updated with 'spa-like finishes and fixtures,' showcasing contemporary tiling (including a striking teal option), modern black hardware, and new vanities. Throughout the home, concrete floors are in excellent condition, and the overall aesthetic blends Midcentury Modern with luxurious contemporary finishes. Additional modern amenities like a new roof, integrated sound system, and an EV charger further support this high rating. There are no visible signs of wear, tear, or deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2081.
Prime Location: The property boasts an unbeatable location, just a short walk from vibrant downtown Palm Springs dining, shopping, and nightlife, situated in one of South Palm Springs' most desirable neighborhoods.
Extensive Modern Renovation: Fully renovated in 2021, this Midcentury Modern home features a modernized kitchen with high-end appliances, custom tile work, spa-like updated baths, a new roof, and a 50 amp EV charger.
Resort-Style Outdoor Living: The private backyard offers a resort-like experience with a 40-foot pool, integrated hot tub, multiple outdoor living and dining zones, and breathtaking western mountain views, ideal for entertaining.
Proven Income Potential: The property has a documented history as a highly performing Airbnb short-term rental, with records available and a professional property manager willing to remain for operational continuity.
Iconic Design & Modern Amenities: Blending iconic Midcentury Modern architectural style with luxurious contemporary finishes, the home features striking concrete floors, an integrated sound system, and a distinctive vintage sunroom.

Cons

Price Reduction History: The property has undergone multiple price reductions from its original list price of $1.8M to the current $1.545M, which may suggest overpricing or market resistance.
Lack of Explicit Cooling System Mention: Given Palm Springs' climate, the absence of an explicit mention of an air conditioning system in the description could be a significant concern for potential buyers.
Past Extended Market Time: Historically limited showing availability contributed to an extended market time, which might raise questions about previous market perception or accessibility, despite current improvements.

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