1054 Paz Drive, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath
1054 Paz Drive
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 1054 Paz Drive, Palm Springs, California 92262 reveals a Prime Investment Opportunity with a current list price of $1,215,000—significantly undercutting the $1,287,211 Fair Market Value by 5%. This valuation gap indicates a +$72,211 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1054 Paz Drive Subject | $1,215,000* List Price | 2 | 3 | 2,151 | $598 | - |
A 111 Holliday Way Sold | $1,499,000 | 3 | 4 | 2,319 | $646 | 0.4 mi |
B 415 Terno Ln Lane Sold | $1,300,000 | 3 | 4 | 2,704 | $481 | 0.1 mi |
C 555 N Sunrise Way Sold | $1,450,000 | 3 | 4 | 2,219 | $653 | 0.4 mi |
D 791 N Calle Marcus Sold | $1,200,000 | 3 | 2 | 1,723 | $696 | 0.5 mi |
E 425 Suave Lane Active | $1,219,000 List Price | 2 | 3 | 2,151 | $567 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 2015, is only 9 years old and presents as virtually new. The description highlights a 'stunning modern single-family home' with 'sleek kitchen' and 'spa-inspired bathrooms.' Images confirm a consistent modern aesthetic throughout, featuring high-end stainless steel appliances, granite countertops, contemporary dark cabinetry, modern light fixtures, and large format tile flooring in main areas. Bathrooms boast double vanities, modern tiling, and walk-in showers/soaking tubs. All components appear to be in excellent condition with no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' criteria for a property built within 10 years with current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Exclusivity
Located in the exclusive gated community of SOL, offering the pinnacle of downtown Palm Springs living with security and prestige.
- Modern Design & Architecture
A stunning modern single-family home featuring soaring ceilings, expansive walls of glass, and an open-concept layout, creating a bright and spacious contemporary feel.
- Exceptional Indoor/Outdoor Living
Double collapsing doors seamlessly blend indoor and outdoor spaces, leading to a private oasis with a sparkling pool, outdoor fireplace, and ample space for entertaining.
CONSRISKS & DEFICIENCIES
- Association Fees
The property is subject to a monthly association fee of $339.0, which adds to the ongoing cost of homeownership.
- Compact Lot Size
With a lot size of 4792 sqft, the property offers a private outdoor oasis but is relatively compact for a single-family home, potentially limiting extensive landscaping or future expansion.
- Limited View
While the property 'has_view', it is described as 'Peek-A-Boo', suggesting that the views are not expansive or unobstructed, which some buyers in Palm Springs may desire.
About 1054 Paz Drive
Experience the pinnacle of downtown Palm Springs living in the exclusive gated community of SOL! This stunning modern single-family home is a masterpiece of design, featuring soaring ceilings and expansive walls of glass that flood the space with natural light and create an inviting, vibrant ambiance. The open-concept layout is an entertainer's dream, with double collapsing doors that seamlessly blur the line between indoor and outdoor living. The sleek kitchen is a chef's delight, outfitted with stainless steel appliances, a spacious island, and everything you need to host in style. This home offers two luxurious primary suites one on the main level and one upstairs each providing ultimate privacy, spa-inspired bathrooms, and generous walk-in closets. A versatile loft space upstairs lends itself perfectly to a home office, gym, or cozy TV lounge. Step outside to your private oasis, where a sparkling pool, outdoor fireplace, and ample space for dining and lounging set the stage for unforgettable gatherings under the desert sky. This is modern desert living at its finest--welcome home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2015
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $339.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 0.7 mi
Raymond Cree Middle School
Grades 6-8 • 1.1 mi
Palm Springs High School
Grades 9-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 6% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,151 | 1,964 | 56% |
| Lot Size | 4,792 | 9,583 | 4% |
| Price | $1.22M | $900.0K | 70% |
| Price per sq ft | $565 | $478 | 65% |
| Built year | 2015 | 1989 | 78% |
| HOA | $339.0 | $0 | 82% |
| Days on market | 45 | 179 | 3% |
Pricing History
Listed for Sale
Jan 21, 2026
$1,215,000
Initial Listing