1062 E Via San Michael Road, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 3 bath
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Palm Springs, California 92262
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $949,000—positioned slightly above the $910,016 Fair Market Value. Featuring a Condition Rating of 2, this home offers a modern, renovated interior with a new pool, owned solar, and a climate-controlled bonus room. While the school district ratings are moderate, the property’s lack of HOA fees and proven short-term rental history provide significant income flexibility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1062 E Via San Michael Road Subject | $949,000* List Price | 4 | 3 | 2,208 | $420 | - |
A 3411 E Circulo San Sorrento Road Sold | $873,500 | 4 | 3 | 2,343 | $373 | 0.1 mi |
B 1105 E Via Via San Michael Road Sold | $1,195,000 | 4 | 3 | 2,208 | $541 | 0.0 mi |
C 1123 E Circulo San Sorrento Road Sold | $725,000 | 4 | 3 | 2,343 | $309 | 0.0 mi |
D 1461 E Padua Way Sold | $705,000 | 3 | 2 | 1,560 | $452 | 0.6 mi |
E 784 Flamingo Way Sold | $800,000 | 3 | 4 | 2,156 | $371 | 0.6 mi |
F 2190 N Paseo De Anza Sold | $720,000 | 4 | 2 | 1,717 | $419 | 0.8 mi |
G 798 Flamingo Way Sold | $810,186 | 3 | 4 | 2,367 | $342 | 0.6 mi |
H 379 Fountain Drive Sold | $1,100,000 | 3 | 4 | 2,084 | $528 | 0.3 mi |
I 1193 Cassia Trail Active Under Contract | $699,000 List Price | 3 | 2 | 2,288 | $306 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1993, the property has undergone a comprehensive renovation within the last 5 years. It features a modern updated kitchen, contemporary bathrooms with glass enclosures and quartz-style counters, luxury vinyl flooring throughout, and significant system upgrades including owned solar and a new pool.
The property features a private oasis with a new pool, putting green, built-in BBQ, and stunning mountain views, perfectly capturing the quintessential Palm Springs outdoor lifestyle.
Equipped with owned solar panels and situated in a community with no HOA fees, this home offers significant long-term utility savings and increased investment yield.
Boasting over 2,200 sqft of updated living space with vaulted ceilings, a chef's kitchen, and a climate-controlled bonus room, the home is move-in ready for residents or high-potential short-term rentals.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Local school ratings, particularly the middle school at a 4/10, may be a consideration for families prioritizing high-performing educational districts.
The garage has been converted into a game room; while functional as additional living space, it lacks traditional covered parking for vehicles unless the buyer invests in a conversion back to its original state.
Experience the best of Palm Springs living in desirable Village Palms. This beautifully updated 4-bedroom, 3-bath home offers more than 2,200 square feet of thoughtfully designed living space ideal for everyday comfort, entertaining and enjoying the desert lifestyle.A grand entry welcomes you into soaring vaulted ceilings, abundant natural light and an open-concept floor plan designed for seamless indoor-outdoor living. The spacious updated kitchen features a large island, generous prep space and abundant cabinetry while flowing effortlessly into the dining and living areas.The spacious primary suite provides a private retreat while three additional bedrooms offer flexibility for guests, family or dedicated work-from-home space. The finished bonus area is currently configured as a recreation room and can easily adapt as a home gym, office, studio, hobby room or can be converted back to a traditional garage if desired.Step outside to your private backyard oasis featuring a sparkling pool, covered patio, outdoor entertaining spaces and plenty of room to relax and enjoy the Palm Springs sunshine.Additional features include updated bathrooms, luxury flooring throughout and an ideal location close to shopping, dining and all that Palm Springs has to offer.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,208 | 2,076 |
| Lot Size | 8,712 | 10,454 |
| Price | $949.0K | $1.04M |
| Price per sq ft | $430 | $525 |
| Built year | 1993 | 1977 |
| HOA | $0 | $332 |
| Days on market | 36 | 75 |
Jun 16, 2026
$949,000
Initial Listing
Jan 11, 2021
$530,000
Public Record
Apr 13, 2000
$190,000
Public Record