1160 E Marion Way, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath

1160 E Marion Way, Palm Springs, California 92264 home-pic-0
ACTIVE$2,850,000
1160 E Marion Way, Palm Springs, California 92264
4Beds
3Baths
2,824Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($2,700,450.92) is $149,549.08 (5%) lower than the list price ($2,850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Neighborhood Appeal: Located in the iconic and highly sought-after Twin Palms neighborhood, known for its architecture, proximity to town, and resort-like ambiance.
Top Cons:
High Ongoing Maintenance: The extensive resort-style amenities, including the pool, multiple fire pits, and large outdoor spaces, will require significant ongoing maintenance and associated costs.

Compared to the nearby listings

Price:$2.85M vs avg $1.28M (+$1,568,000)96%
Size:2,824 sqft vs avg 2,178 sqft73%
Price/sqft:$1.0K vs avg $59798%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, the property has been 'reimagined and fully updated,' as explicitly stated in the description. The images confirm a very recent and extensive high-quality renovation. The kitchen features luxurious finishes, including a waterfall-edge island, modern tilework, and high-end stainless steel appliances. The spa-inspired primary bath boasts a freestanding soaking tub, walk-in shower, and dual floating vanities, all appearing new. Throughout the home, large-format tile flooring, modern light fixtures, and contemporary design elements are evident. The addition of 58 owned solar panels further highlights recent, extensive upgrades, indicating the property is virtually new in its current state, meeting current quality standards with no deferred maintenance.
Year Built
1980
Close
-
List price
$2.85M
Original List price
$2.85M
Price/Sqft
$1,009
HOA
-
Days on market
-
Sold On
-
MLS number
219134937PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Reimagined and fully updated midcentury home in Palm Springs' iconic Twin Palms! This is one of the best and most sought after neighborhoods of Palm Springs, known for its architecture, its proximity to town and its resort vibes. Walled and gated for maximum privacy, this 4-bedroom home offers 2,824 sq ft of open, light-filled living. Soaring ceilings, oversized rooms, and a dramatic floor-to-ceiling fireplace set the tone, while the chef's kitchen showcases luxurious finishes--a waterfall-edge island, gorgeous tilework, and large-format flooring that carries through the living spaces.Designed for connection and flow, this home features sliding glass to outdoor spaces on all sides and from every bedroom suite. A welcoming courtyard with a fire-pit leads to a grand front entry, a stunning first impression; the backyard features a sparkling Pebble-Tec pool, outdoor shower, a second fire pit near the pool, and generous lounging area which create the feeling of a very private resort--with views of Mt San Jacinto. The spacious primary suite includes dual walk-in closets and a spa-inspired bath with soaking tub, walk-in shower, and dual vanities. Sustainability is built in with 58 owned solar panels that cover nearly all energy needs. With a proven track record as a luxury vacation rental, this home is equally suited for entertaining, investment, or full-time desert living. A quintessential Palm Springs retreat in one of the best neighborhoods of Palm Springs.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.8mi
4/10
Raymond Cree Middle School
Public,6-83.3mi
4/10
Desert Learning Academy
Public,K-121.5mi
6/10
Palm Springs High School
Public,9-121.8mi
Condition Rating
Excellent

Despite being built in 1980, the property has been 'reimagined and fully updated,' as explicitly stated in the description. The images confirm a very recent and extensive high-quality renovation. The kitchen features luxurious finishes, including a waterfall-edge island, modern tilework, and high-end stainless steel appliances. The spa-inspired primary bath boasts a freestanding soaking tub, walk-in shower, and dual floating vanities, all appearing new. Throughout the home, large-format tile flooring, modern light fixtures, and contemporary design elements are evident. The addition of 58 owned solar panels further highlights recent, extensive upgrades, indicating the property is virtually new in its current state, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Location & Neighborhood Appeal: Located in the iconic and highly sought-after Twin Palms neighborhood, known for its architecture, proximity to town, and resort-like ambiance.
Extensive Modern Renovation & Design: A reimagined and fully updated midcentury home featuring luxurious finishes, soaring ceilings, oversized rooms, a chef's kitchen with a waterfall-edge island, and a dramatic floor-to-ceiling fireplace.
Resort-Style Outdoor Living & Views: Offers a private, walled, and gated resort-like backyard with a sparkling Pebble-Tec pool, outdoor shower, two fire pits, generous lounging areas, and views of Mt San Jacinto.
Energy Efficiency & Sustainability: Equipped with 58 owned solar panels that significantly cover nearly all energy needs, contributing to lower utility costs and environmental benefits.
Proven Investment & Rental Potential: The property has a proven track record as a luxury vacation rental, making it an attractive option for investors or those seeking supplemental income.

Cons

High Ongoing Maintenance: The extensive resort-style amenities, including the pool, multiple fire pits, and large outdoor spaces, will require significant ongoing maintenance and associated costs.
Specific Architectural Style Appeal: While highly desirable in Palm Springs, the distinct midcentury modern aesthetic and specific updates may not appeal to all luxury buyers, potentially narrowing the market.
Original Construction Year: Despite being fully updated, the home's original construction year of 1980 means some underlying structural or system components may still be older, which could be a consideration for some buyers.

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