
Palm Springs, California 92264
This High-Potential Investment Opportunity in Deepwell is listed at $1,875,000, positioned well below the $1,930,594 Fair Market Value by 2%. This valuation gap provides $55,594 in Instant Equity. Featuring a Condition Rating of 3, the residence offers a turnkey lifestyle with a pool, spa, and panoramic mountain views. With a proven vacation rental history and current STVR eligibility, this property is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a luxury desert retreat with immediate income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1120 S Calle De Maria Subject | $1,875,000* List Price | 4 | 5 | 3,299 | $585 | - |
A 678 S Thornhill Road Sold | $2,360,000 | 4 | 6 | 3,392 | $696 | 0.4 mi |
B 1251 E San Lorenzo Road Sold | $1,550,000 | 4 | 3 | 2,494 | $621 | 0.1 mi |
C 2015 S Toledo Avenue Sold | $1,875,000 | 3 | 3 | 2,762 | $679 | 0.9 mi |
D 2044 S Tulare Drive Sold | $1,950,000 | 3 | 4 | 3,120 | $625 | 0.9 mi |
E 1440 E Maricopa Drive Sold | $2,006,000 | 3 | 3 | 3,019 | $664 | 0.8 mi |
F 1090 S Calle De Maria Active | $1,590,000 List Price | 4 | 4 | 2,726 | $583 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1953, the property shows evidence of a high-quality renovation likely within the 5-15 year range. The bathrooms feature modern vanities and walk-in showers, and the living areas have updated large-format tile and recessed lighting. Systems appear well-maintained with additions like solar pool heating and motorized shades, making it move-in ready.
Situated in the prestigious Deepwell neighborhood on fee land (land you own), this property offers high desirability and long-term value without the complications of a land lease.
The ultra-private, south-facing backyard features a pool, spa, and a fully equipped outdoor kitchen, all framed by stunning panoramic views of Mt. San Jacinto.
With a proven vacation rental history and current eligibility for a City of Palm Springs STVR permit, this home presents a significant opportunity for immediate income generation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Originally built in 1953, the property may require more frequent maintenance or updates to its older mechanical and structural systems compared to newer builds.
The local public schools carry average ratings (4-6), which may be a drawback for families prioritizing high-performing educational districts.
Private resort living in Deepwell. Set on one of South Palm Springs' most desirable streets, this beautifully maintained 4 bedroom, 4.5 bath residence blends relaxed ranch-style architecture with an exceptional indoor-outdoor lifestyle. Positioned on land you own and surrounded by mature landscaping, the home opens to an ultra-private south-facing backyard where the pool, spa, cascading waterfall, and panoramic Mt. San Jacinto views create a setting designed for unforgettable entertaining. A formal entry introduces light-filled interiors with vaulted ceilings, gallery-style walls, and an open arrangement of living, dining, and entertaining spaces that naturally flow outdoors through multiple sets of doors. The impressive wet bar doubles as a serving station and gathering place, while the adjacent dining room with fireplace creates an inviting backdrop for everything from intimate dinners to larger celebrations. The vaulted covered patio extends the home's living space with a fully equipped outdoor kitchen, generous seating areas, and effortless connection to the pool terrace. Multiple patios surrounding the home create quiet places to enjoy morning coffee, afternoon sunshine, or evening cocktails beneath the mountains. The kitchen is equally functional and welcoming with generous prep space, walk-in pantry, breakfast area, and direct access to a private patio. Bedroom separation is exceptional. The Primary Suite features vaulted ceilings, clerestory windows, a fireplace, custom built-ins, direct backyard access, and a spacious ensuite bath with skylight, dual vanities, and an oversized walk-in shower. An adjacent bedroom with nearby bath easily adapts as a private office, library, or guest suite. On the opposite wing, two additional ensuite bedrooms provide outstanding privacy, including one with direct pool access and another with beautiful mountain views. Additional highlights include motorized exterior solar shades, solar pool heating, mature citrus trees, artificial turf, an attached two-car garage, and a proven vacation rental history. The property is currently eligible for a City of Palm Springs Short-Term Vacation Rental permit. Private. Peaceful. Designed for entertaining. A rare opportunity to enjoy one of Deepwell's most inviting desert retreats just minutes from downtown Palm Springs.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.6 mi
Grades K-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,299 | 2,076 |
| Lot Size | 10,454 | 10,454 |
| Price | $1.88M | $1.04M |
| Price per sq ft | $568 | $525 |
| Built year | 1953 | 1977 |
| HOA | $0 | $332 |
| Days on market | 20 | 75 |
Jul 2, 2026
$1,875,000
Initial Listing
Jun 5, 2008
$575,000
Public Record
Jun 23, 2000
$400,000
Public Record