1127 N Calle Marcus, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
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Palm Springs, California 92262
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $1,199,000—positioned well below the $1,226,613 Fair Market Value by 2%. This valuation gap offers $27,613 in Instant Equity. Featuring an Excellent Condition Rating, the property includes a new roof, energy-efficient HVAC, and a private pool. Located in the prestigious Movie Colony East, it offers proximity to top-rated schools like Katherine Finchy Elementary. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1127 N Calle Marcus Subject | $1,199,000* List Price | 3 | 3 | 2,032 | $604 | - |
A 1190 E Buena Vista Drive Sold | $1,170,000 | 4 | 4 | 2,415 | $484 | 0.2 mi |
B 980 N Buttonwillow Circle Sold | $1,144,772 | 4 | 2 | 1,876 | $610 | 0.2 mi |
C 289 N Michelle Road Sold | $1,300,000 | 3 | 3 | 1,920 | $677 | 0.9 mi |
D 1538 E Verbena Drive Sold | $1,000,000 | 3 | 2 | 1,431 | $699 | 0.2 mi |
E 1650 E San Jacinto Way Sold | $1,325,000 | 3 | 3 | 1,826 | $726 | 0.1 mi |
F 2190 E Terry Lane Sold | $1,260,000 | 3 | 2 | 1,742 | $723 | 0.9 mi |
G 1111 E Tachevah Drive Sold | $1,000,000 | 4 | 2 | 1,919 | $521 | 0.3 mi |
H 403 N Juanita Drive Sold | $1,250,000 | 4 | 2 | 1,868 | $669 | 0.9 mi |
I 1177 N Sunrise Way Active Under Contract | $839,500 List Price | 3 | 2 | 1,864 | $450 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, featuring a new roof, a new energy-efficient Braun heat pump HVAC system, and a fully updated open-concept kitchen. The interior and exterior have been freshly painted, and the landscaping and pool systems are newly upgraded, placing it in mint, move-in ready condition consistent with a high-end renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2032.
Situated in the highly desirable Movie Colony East neighborhood, this property offers prestige and close proximity to the best dining and shopping in downtown Palm Springs.
The home features significant high-value improvements including a new roof, energy-efficient Braun heat pump HVAC, and a smart-controlled pool system, ensuring a move-in-ready experience.
The property was recently sold within the past year on 2025-09-12. The sold price is $975,000.00.
Originally built in 1946, the property may have inherent structural or layout limitations typical of older homes that even extensive remodeling cannot fully eliminate.
Located in Movie Colony East, the property is positioned near the flight path for Palm Springs International Airport, which may result in intermittent noise disturbances.
Private, beautifully updated 3-bedroom, 3-bath home on a large lot in desirable Movie Colony East. The home features a new roof, new energy efficient Braun heat pump HVAC system, an updated open-concept kitchen that flows seamlessly into the dining area. This home combines modern upgrades with classic Palm Springs style. Designed for the ultimate desert lifestyle, the property offers two exceptional private outdoor living spaces. The front courtyard features a sparkling pool with a new energy efficient pool pump and iAquaLink smart control system, while the private backyard showcases beautiful mountain views, outdoor dining, lounge seating, and a fire pit for entertaining under the stars. Inside, the living room showcases a striking limestone fireplace wall with custom decorative framing. Additional improvements include fresh interior and exterior paint, updated lighting and mirrors, and all-new window treatments. The professionally refreshed landscaping includes new desert plantings, irrigation, decorative rock, pathway lighting, and a gated driveway entry system. Move-in ready and extensively upgraded, this home offers an exceptional opportunity to enjoy one of Palm Springs' most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,032 | 2,076 |
| Lot Size | 10,019 | 10,454 |
| Price | $1.20M | $1.04M |
| Price per sq ft | $590 | $525 |
| Built year | 1946 | 1977 |
| HOA | $0 | $332 |
| Days on market | 16 | 75 |
Jul 6, 2026
$1,199,000
Initial Listing
Sep 12, 2025
$975,000
Public Record
Oct 28, 2021
$1,050,000
Public Record
Jul 1, 2021
$825,000
Public Record
Jul 8, 2008
$550,000
Public Record
Oct 23, 2003
$379,000
Public Record