1155 E Adobe Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1155 E Adobe Way, Palm Springs, California 92262 home-pic-0

1155 E Adobe Way

Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,225Sq Ft
12,197Lot Size

Property Price

LIST PRICE$1,250,000
EST. MARKET VALUE
$1,131,609
10% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,131,609
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1155 E Adobe Way
Subject
$1,250,000*
List Price
321,225$924-
A
888 E Janet Circle
Sold
$915,000321,225$7470.1 mi
B
454 E Lindsey Drive
Sold
$1,275,000331,465$8700.5 mi
C
2164 N Berne Drive
Sold
$1,226,000321,477$8300.5 mi
D
402 E Desert Willow Circle
Sold
$1,160,000321,567$7400.5 mi
E
578 E Desert Willow Circle
Sold
$925,000321,225$7550.4 mi
F
1841 N Berne Drive
Sold
$910,000321,200$7580.7 mi
G
2410 N Starr Road
Active
$1,150,000
List Price
321,225$9390.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This 1962 Alexander-built home has undergone an impeccable restoration, effectively making it a like-new property. It features a modern European-style kitchen with quartz countertops and stainless steel appliances, spa-inspired bathrooms, and polished porcelain flooring. Major systems have been recently updated, including a new foam roof coating, updated plumbing, dual-pane windows, and an on-demand water heater, meeting the highest standards for quality and maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1225.

  • Iconic Architectural Pedigree

    This rare Alexander-built home features the highly coveted butterfly roof design by Palmer & Krisel, offering authentic mid-century modern aesthetics including post-and-beam construction and soaring clerestory windows.

  • Expansive Resort-Style Grounds

    Situated on an oversized 12,197 sqft lot with prime southern exposure, the property offers a comprehensive outdoor lifestyle featuring a large pool, spa, bocce ball court, and fire pit with stunning mountain views.

CONSRISKS & DEFICIENCIES

  • Compact Interior Living Space

    At 1,225 square feet for a three-bedroom residence, the interior proportions may feel restrictive for buyers accustomed to more spacious modern floor plans or larger primary suites.

  • Premium Price Point

    The listing price represents a significant cost per square foot, which may limit the buyer pool to architectural enthusiasts willing to pay a premium for the home's historical significance and lot size.

About 1155 E Adobe Way

Believed to be one of the last Alexander-built butterfly roof homes constructed in Racquet Club Estates in 1962, this impeccably restored mid-century modern residence is a rare Palm Springs offering. Set on one of the largest lots in the neighborhood and enjoying coveted full southern exposure, the home delivers an exceptional modern desert lifestyle. Originally designed by Palmer & Krisel in the late 1950s, the iconic floor plan has been thoughtfully restored to honor its post-and-beam architecture, soaring clerestory windows, and clean modern lineswhile seamlessly adapting to today's living standards. The residence offers three bedrooms and two spa-inspired baths, complemented by a sleek European-style kitchen with quartz countertops and stainless steel appliances. Polished white porcelain floors and a striking block wall fireplace complete the refined interior aesthetic. Outdoors, the property truly shines. A sprawling resort-style pool and in-ground spa anchor the expansive grounds, joined by a bocce ball court, gazebo with fire pit, and meticulously designed desert landscaping. Wraparound mountain views and effortless indoor-outdoor flow create a setting ideal for both everyday living and entertaining. Recent upgrades include a newly coated foam roof, updated plumbing, refreshed pool systems, an on-demand water heater, and dual-pane windows throughout. Rare, iconic, and impeccably maintained, this is a home that must be experienced in person to be fully appreciated. Contact the listing agent to arrange a private showing.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1962
Lot Size
12,197 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Vista Del Monte Elementary School

Grades K-5 • 0.3 mi

6/10

Raymond Cree Middle School

Grades 6-8 • 0.7 mi

4/10

Palm Springs High School

Grades 9-12 • 2.6 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
45%
Square foot1,2251,964
6%
Lot Size12,1979,583
82%
Price$1.25M$900.0K
73%
Price per sq ft$1.0K$478
96%
Built year19621989
27%
HOA$0$0
50%
Days on market24179
1%

Pricing History

Listed for Sale

Feb 11, 2026

$1,250,000

Initial Listing

Sold

Feb 7, 2014

$579,000

Public Record

Sold

Jul 29, 2013

$250,000

Public Record

Browse Properties by State Browse housing market trends by state