
Palm Springs, California 92262
This Modern James Cioffi Estate is a Strong Value Opportunity, listed at $1,225,000—positioned well below the $1,298,804 Fair Market Value by 5%. This valuation gap offers $73,804 in Instant Equity. Maintaining an Excellent Condition Rating, the home features panoramic mountain views, owned solar, and a resort-style backyard with a pool and spa. Located in the premier Murano subdivision with no HOA, it offers architectural pedigree and high rental demand. This is an exceptional match for Luxury Home Seekers or Income-Focused Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1157 Enamor Court Subject | $1,225,000* List Price | 3 | 3 | 2,188 | $594 | - |
A 3006 N Avenida Caballeros Sold | $1,475,000 | 3 | 3 | 2,288 | $645 | 0.1 mi |
B 2922 N Farrell Sold | $935,000 | 3 | 3 | 2,075 | $451 | 0.9 mi |
C 1658 Ava Court Sold | $1,300,000 | 3 | 3 | 2,432 | $535 | 0.4 mi |
D 3450 Circulo San Sorren Sold | $1,450,000 | 3 | 3 | 2,561 | $566 | 0.3 mi |
E 1105 E Via Via San Michael Road Sold | $1,195,000 | 4 | 3 | 2,208 | $541 | 0.2 mi |
F 505 E Molino Road Sold | $875,000 | 3 | 2 | 1,864 | $469 | 0.4 mi |
G 1126 Lucent Court Active | $1,379,000 List Price | 3 | 3 | 2,231 | $618 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014, this architecturally significant modern home is in pristine condition, meeting the 10-year threshold for excellent quality. The interior features high-end finishes including polished concrete flooring, vaulted ceilings with clerestory windows, and a contemporary kitchen equipped with premium stainless steel appliances from Viking and Bosch. The bathrooms are modern with floating vanities, quartz countertops, and frameless glass showers. With an owned solar system and meticulously maintained resort-style grounds, the property shows virtually no physical depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 2188.
Designed by renowned architect James Cioffi, this modern residence features energy-efficient construction, an owned solar system, and no HOA fees, offering significant long-term savings and architectural value.
Situated on one of the largest corner lots in Murano, the property boasts a premier outdoor experience including a pool, spa, bocce court, putting green, and panoramic mountain views.
Located in the North End of Palm Springs, the property is subject to higher wind speeds typical of the area, which can occasionally impact outdoor activities and maintenance.
The assigned middle school and local learning academy carry lower ratings (4/10), which may be a drawback for families prioritizing high-performing public education.
Panoramic mountain views, exceptional privacy, and one of the largest lots in Murano define this stunning modern 3-bedroom, 3-bath residence designed by renowned architect James Cioffi, AIA. Positioned on a premier private corner lot, this home captures sweeping, unobstructed views while offering a rare combination of space, design, and lifestyle with no HOA fees, an owned solar system, and energy-efficient construction resulting in impressively low utility costs. The outdoor experience is truly next level and a standout even within Murano. Fully turfed for low maintenance and year round enjoyment, the expansive grounds are designed for both entertaining and relaxation. Enjoy a resort style pool and spa with custom fire feature, a dedicated bocce court, private putting green, generous side yard for games and gatherings, and an oversized backyard with room to further enhance. Multiple outdoor living areas take full advantage of the views, creating a true desert retreat. Inside, the open concept floor plan is enhanced by vaulted ceilings, clerestory windows, concrete flooring, and walls of glass that flood the home with natural light while seamlessly blending indoor and outdoor living. The primary suite serves as a private retreat featuring direct access to the pool, stunning views, and a spacious bath with dual vanities, walk in shower, soaking tub, and walk in closet. Two additional bedrooms are thoughtfully separated for privacy, including a junior ensuite and a third bedroom with an adjacent full bath. Additional features include a dedicated laundry room with sink and an attached two car garage. Currently operating as a stable and profitable rental, this property also presents a compelling investment opportunity. Whether you're seeking a full time residence, seasonal escape, or income producing asset, this exceptional Murano home delivers on every level with design, privacy, outdoor living, and long term value. Offered Turn Key Fully Furnished.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 2,188 | 1,914 | 62% |
| Lot Size | 15,246 | 9,583 | 91% |
| Price | $1.23M | $875.0K | 71% |
| Price per sq ft | $560 | $483 | 66% |
| Built year | 2014 | 1987 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 185 | 2% |
Mar 18, 2026
$1,225,000
Initial Listing
Nov 30, 2015
$835,000
Public Record
Feb 28, 2014
$600,000
Public Record