1109 E Mesquite Avenue, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 6 bath
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Palm Springs, California 92264
This Historic Mid-Century Modern Estate is a Strong Value Opportunity, listed at $1,999,999—positioned well below the $2,144,023 Fair Market Value by 6%. This valuation gap offers $144,024 in Instant Equity. Featuring a Condition Rating of 3, the property includes a detached guest house, unobstructed mountain views, and a kidney-shaped pool on a premier 20,909 SF lot. Located in the Deepwell enclave near Cahuilla Elementary, it balances architectural pedigree with high-yield potential. This is an ideal acquisition for Owner-Occupants or Luxury Vacation Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1109 E Mesquite Avenue Subject | $1,999,999* List Price | 4 | 6 | 4,007 | $499 | - |
A 240 W El Portal Sold | $2,125,000 | 4 | 4 | 3,300 | $644 | 1.0 mi |
B 1635 Palm Tree Drive Sold | $1,500,000 | 4 | 4 | 3,743 | $401 | 0.4 mi |
C 1190 S Calle De Maria Active | $2,200,000 List Price | 4 | 3 | 3,470 | $634 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1957 mid-century modern estate is move-in ready and well-maintained. The main residence features significant updates including large-format porcelain tile flooring, an open-concept kitchen with modern cabinetry and stainless steel appliances, and updated spa-inspired bathrooms. While the detached casita is described as a 'time capsule' and the listing suggests the property is a 'prime canvas' for further luxury modernization, the current state of the primary systems, fixtures, and finishes meets the criteria for a high-quality, functional home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 4007.
Situated on a massive 20,909 SF lot in the prestigious Deepwell enclave, this property offers rare scale and privacy in a high-demand South Palm Springs neighborhood.
The fully detached 1960s casita features its own private entrance, dedicated driveway, kitchen, and laundry, providing an ideal setup for multi-generational living or high-end passive income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4007, other record living area = 2689. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Described as a 'prime canvas' and 'time capsule,' the property likely requires significant capital investment to update its mid-century interiors to contemporary luxury standards.
The neighborhood is subject to a 20% Short-Term Rental cap, which may limit future investment flexibility and requires immediate verification of permit availability.
4BD/4.5BA (POTENTIAL 5BD) HISTORIC DEEPWELL ESTATE on FEE SIMPLE LAND. Representing a rare UNICORN OPPORTUNITY in SOUTH PALM SPRINGS, 1109 E. Mesquite spans a massive 20,909 SF PREMIER LOT in the prestigious DEEPWELL enclave. This 1957 MID-CENTURY MODERN pedigree blends expansive INTERIOR square footage with a FULLY DETACHED GUEST HOUSE, offering a PRIME canvas in a neighborhood where sales consistently reach the MULTI-MILLION-DOLLAR mark. The main residence is designed for the ultimate INDOOR-OUTDOOR LIFESTYLE, anchored by an OPEN-CONCEPT kitchen and living room with a dramatic DOUBLE-SIDED FIREPLACE opening directly to the SOUTH-FACING POOL and sweeping MOUNTAIN VIEWS. The PRIMARY RETREAT features direct SEAMLESS ACCESS to the pool and backyard, serving as a private sanctuary with a personal lounge, DEDICATED HOME OFFICE, and SPA-INSPIRED BATH. The FLEX SPACE: this cavernous bedroom with PRIVATE STREET ACCESS and an adjacent bath is ideal for a high-end studio, home gym, or NEXT-GEN GUEST SUITE, and can easily be CONVERTED INTO 2 BEDROOMS. On the opposite wing, find an additional GUEST SUITE with DIRECT POOL ACCESS and a full bath that doubles as a convenient POOL BATH with its own EXTERIOR ENTRANCE. The DETACHED GUEST RESIDENCE (CASITA) is a 1960s GLAMOUR time capsule featuring a PRIVATE ENTRANCE, DEDICATED DRIVEWAY, living/dining area, kitchen, and bedroom with MOUNTAIN VIEWS. A separate laundry closet ensures this AUTONOMOUS space offers the POTENTIAL to become an ULTRA-LUXURY CASITA for MAXIMUM PASSIVE INCOME. The oversized RESORT-STYLE OUTDOOR OASIS features a PREMIUM SOUTH-FACING orientation for MAXIMUM WINTER SUN, framed by INSPIRING MOUNTAIN VIEWS, the iconic KIDNEY-SHAPED MID-CENTURY MODERN POOL, and mature palms, offering PRIME VERSATILE SPACE to CURATE BESPOKE OUTDOOR LIVING with the POTENTIAL for a PROFESSIONAL OUTDOOR KITCHEN, AL FRESCO DINING, and PRIVATE POOL CABANAS. Rare for the area, this property boasts TWO SEPARATE 2-CAR GARAGES (4 covered spaces) plus a dedicated RV DRIVEWAY and a SECOND PRIVATE DRIVEWAY, ensuring the CASITA is completely INDEPENDENT. An EXPANSIVE PRIVATE FRONT YARD offers a sprawling secondary lawn with immense potential for a SECURE GATED COURTYARD or lush desert garden. Own a piece of HOLLYWOOD GOLDEN AGE history near KOFFI SOUTH and the ACE HOTEL, in a neighborhood curated by ARCHITECTURAL LEGENDS like WEXLER and KAPTUR, and celebrities such as WILLIAM HOLDEN and LORETTA YOUNG. As a cornerstone of MODERNISM WEEK, DEEPWELL remains the GOLD STANDARD of PALM SPRINGS living, and it is currently under the 20% NEIGHBORHOOD STR CAP. Buyer to verify local STR ORDINANCES.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 2.5 mi
Grades K-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 6.0 | 3.0 | 96% |
| Square foot | 4,007 | 2,330 | 91% |
| Lot Size | 20,909 | 10,019 | 97% |
| Price | $2.00M | $1.44M | 76% |
| Price per sq ft | $499 | $623 | 29% |
| Built year | 1957 | 1976 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 144 | 24% |
Feb 21, 2026
$1,999,999
Initial Listing
Jan 8, 2010
$550,000
Public Record
Jan 28, 2005
$770,000
Public Record