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1055 E Granvia Valmonte, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1055 E Granvia Valmonte, Palm Springs, California 92262 home-pic-0
ACTIVE$1,675,000
1055 E Granvia Valmonte, Palm Springs, California 92262
3Beds
2Baths
2,034Sqft
13,504Lot

Price Vs. Estimate

The estimated value ($1,650,756.345) is $24,243.655 (1%) lower than the list price ($1,675,000). This property may be overpriced.

Key pros and cons

Top Pros:
Architectural Significance: This is a rare, 'one of a kind' William Krisel designed home, offering unique mid-century modern appeal highly sought after in Palm Springs.
Top Cons:
Age of Core Structure: Built in 1964, while renovated, the underlying infrastructure may still be original, potentially leading to future maintenance or upgrade needs beyond the visible improvements.

Compared to the nearby listings

Price:$1.68M vs avg $925.0K (+$750,000)84%
Size:2,034 sqft vs avg 2,096 sqft48%
Price/sqft:$824 vs avg $49191%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, this property has undergone extensive and recent high-quality renovations. The description explicitly states 'new baths,' 'newer kitchen,' 'brand new pool,' and a 'new electric panel.' The images confirm modern, stylish, and virtually new conditions in the kitchen (stainless steel appliances, white cabinetry, black countertops, gold accents, wine fridge) and bathrooms (floating vanities, hexagonal tiling, modern fixtures). The flooring appears to be durable hard surfaces throughout, and there are no visible signs of wear, tear, or deferred maintenance. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1964
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$824
HOA
-
Days on market
-
Sold On
-
MLS number
219134812PS
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

This one of a kind, William Krisel home is a stunning home on a large lot in the coveted Movie Colony neighborhood. While this home is very similar to the Krisel designed condos in Canyon View Estates, this single family home is on fee land, on a very generous lot with mountain views, lush landscaping with irrigation and lighting, as well as a brand new, heated pool with LED lighting and deck jets. The inside of the home is light and bright with a peaked clerestory roof line, new baths, and newer kitchen. With 3 BRs (one currently a den with closet), 2 BAs, a large kitchen with breakfast bar, and the perfect pool and patios, it is a dream for discerning buyers. The current owner has added the pool, landscaping, outdoor irrigation, and new electric panel, as well as fully remodeled the baths.Furnishings are available outside of escrow.Buyers are to verify all information about the listing and refer to city short term rental guidelines for any questions on short term rental qualification.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.4mi
4/10
Raymond Cree Middle School
Public,•6-8•0.9mi
6/10
Palm Springs High School
Public,•9-12•1.3mi
4/10
Desert Learning Academy
Public,•K-12•1.4mi
Condition Rating
Excellent
Despite being built in 1964, this property has undergone extensive and recent high-quality renovations. The description explicitly states 'new baths,' 'newer kitchen,' 'brand new pool,' and a 'new electric panel.' The images confirm modern, stylish, and virtually new conditions in the kitchen (stainless steel appliances, white cabinetry, black countertops, gold accents, wine fridge) and bathrooms (floating vanities, hexagonal tiling, modern fixtures). The flooring appears to be durable hard surfaces throughout, and there are no visible signs of wear, tear, or deferred maintenance. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Architectural Significance: This is a rare, 'one of a kind' William Krisel designed home, offering unique mid-century modern appeal highly sought after in Palm Springs.
Prime Location & Fee Land: Situated on fee land in the coveted Movie Colony neighborhood, providing a prestigious address and avoiding common lease land complexities.
Extensive Outdoor Living & Upgrades: Features a brand new, heated pool with LED lighting and deck jets, lush landscaping with irrigation and lighting, and perfect patios for entertaining.
Modernized Interiors: The home boasts new baths, a newer kitchen with a breakfast bar, and a light-filled interior with a distinctive peaked clerestory roof line.
Generous Lot & Mountain Views: Sits on a very generous 13,504 sqft lot, offering ample space and stunning mountain views, enhancing its desirability.

Cons

Age of Core Structure: Built in 1964, while renovated, the underlying infrastructure may still be original, potentially leading to future maintenance or upgrade needs beyond the visible improvements.
Furnishings Not Included: Furnishings are available outside of escrow, meaning they are not included in the list price and would require a separate negotiation and additional cost for a turn-key solution.
Short-Term Rental Uncertainty: Buyers are advised to verify city short-term rental guidelines, indicating potential restrictions or complexities for those looking to utilize the property for vacation rentals.

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