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1163 Pasatiempo Road, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1163 Pasatiempo Road, Palm Springs, California 92262 home-pic-0
ACTIVE$1,285,000
1163 Pasatiempo Road, Palm Springs, California 92262
2Beds
2Baths
1,630Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($725,150.525) is $559,849.475 (43%) lower than the list price ($1,285,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 10019, living area = 1630.
Top Cons:
Limited Bedrooms: With only 2 bedrooms, the property may appeal to a narrower segment of buyers, particularly those seeking more space for families or guests, especially when compared to 3-bedroom homes in the vicinity.

Compared to the nearby listings

Price:$1.28M vs avg $925.0K (+$360,000)72%
Size:1,630 sqft vs avg 2,096 sqft32%
Price/sqft:$788 vs avg $49189%

More Insights

Built in 1956 (69 years old).
Condition: Despite being built in 1956, this property has undergone extensive and high-quality renovations, bringing it to an 'excellent' condition. The description highlights a 'fully modernized kitchen with Quartz countertops and custom cabinetry, and premium appliances,' which is visually confirmed in the images showing sleek, contemporary design. The bathrooms also appear recently updated with modern vanities, fixtures, and tiled walk-in showers. Crucially, major systems have been updated, including a 'newer HVAC system (2021),' 'dual-pane windows,' '22 owned solar panels,' and a '200-amp electrical panel.' The porcelain tile flooring throughout is consistent and modern. These significant updates, particularly the HVAC within the last 5 years, align with the criteria for an 'excellent' rating, indicating that all components are new or virtually new and meet current quality standards.
Year Built
1956
Close
-
List price
$1.28M
Original List price
$1.28M
Price/Sqft
$788
HOA
-
Days on market
-
Sold On
-
MLS number
25535759PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Live the Palm Springs Dream in Iconic Movie Colony East! Welcome to your desert oasis in one of Palm Springs' most sought-after neighborhoods - Movie Colony East, where timeless glamour meets modern-day ease. Perfectly situated on a generous 10,000+ sq. ft. lot, this updated 2-bedroom, 2-bathroom home is more than a stylish retreat - it's a lifestyle. Step into 1,630 sq. ft. of open, sun-drenched living space featuring porcelain tile flooring, a fully modernized kitchen with Quartz countertops and custom cabinetry, and premium appliances, including a Bosch dishwasher and GE Profile refrigerator and stove. The expansive primary suite includes a walk-in closet and a flexible bonus area - perfect for a home office, yoga corner, or reading nook. But what truly sets this home apart is how it embraces the Palm Springs way of life. From morning walks beneath towering palms to evening cocktails under the stars, Movie Colony East offers a walkable, bike-friendly neighborhood, rich in Old Hollywood history and vibrant energy. You'll be just minutes from the iconic Uptown Design District, bustling downtown boutiques, sidewalk cafes, art galleries, and renowned restaurants - ideal for those who crave both cultural connection and laid-back luxury. Back at home, your private resort-style backyard becomes your personal escape. Swim in the sparkling pool, soak in the elevated spa, or gather with friends in the outdoor kitchen, complete with a built-in grill, sink, and bar. A lush lawn, cozy fire pit, and unobstructed mountain views invite year-round outdoor living. Modern upgrades including a newer HVAC system (2021), dual-pane windows, 22 owned solar panels, and a 200-amp electrical panel ensure comfort and efficiency in every season. Bonus Potential: With pre-designed plans for an 800 sq. ft. expansion - including a family room, bar, studio casita, and more, this property is ready to grow with your lifestyle, whether you're hosting guests, generating rental income, or creating your own dream retreat. Whether you're sipping your morning espresso by the pool, exploring the charm of downtown, or hosting sunset gatherings with friends, this home captures the very best of Palm Springs' indoor-outdoor, effortlessly cool way of life.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.3mi
4/10
Raymond Cree Middle School
Public,•6-8•0.5mi
6/10
Palm Springs High School
Public,•9-12•1.6mi
4/10
Desert Learning Academy
Public,•K-12•1.7mi
Condition Rating
Excellent
Despite being built in 1956, this property has undergone extensive and high-quality renovations, bringing it to an 'excellent' condition. The description highlights a 'fully modernized kitchen with Quartz countertops and custom cabinetry, and premium appliances,' which is visually confirmed in the images showing sleek, contemporary design. The bathrooms also appear recently updated with modern vanities, fixtures, and tiled walk-in showers. Crucially, major systems have been updated, including a 'newer HVAC system (2021),' 'dual-pane windows,' '22 owned solar panels,' and a '200-amp electrical panel.' The porcelain tile flooring throughout is consistent and modern. These significant updates, particularly the HVAC within the last 5 years, align with the criteria for an 'excellent' rating, indicating that all components are new or virtually new and meet current quality standards.
Pros & Cons

Pros

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 = 10019, living area = 1630.
Prime Location: Situated in the highly sought-after Movie Colony East, a walkable, bike-friendly neighborhood rich in Old Hollywood history, and just minutes from downtown Palm Springs' iconic Uptown Design District, boutiques, cafes, and restaurants.
Extensive Outdoor Living: Features a private resort-style backyard with a sparkling pool, elevated spa, outdoor kitchen (built-in grill, sink, bar), lush lawn, fire pit, and unobstructed mountain views, ideal for year-round entertaining.
Significant Modern Upgrades: Equipped with a newer HVAC system (2021), dual-pane windows, 22 owned solar panels, and a 200-amp electrical panel, ensuring enhanced comfort, energy efficiency, and reduced utility costs.
Modernized Interior: The home boasts an open, sun-drenched living space with porcelain tile flooring and a fully modernized kitchen featuring Quartz countertops, custom cabinetry, and premium appliances (Bosch, GE Profile).
Expansion Potential: Includes pre-designed plans for an 800 sq. ft. expansion, offering flexibility to add a family room, bar, studio casita, or other spaces, catering to future lifestyle needs or potential rental income.

Cons

Limited Bedrooms: With only 2 bedrooms, the property may appeal to a narrower segment of buyers, particularly those seeking more space for families or guests, especially when compared to 3-bedroom homes in the vicinity.
High List Price Relative to Comps/Estimation: The current listing price of $1.285M is significantly higher than the property's estimated value ($725,150) and several recently sold comparable 2-3 bedroom properties in similar desirable neighborhoods, suggesting potential overpricing.
Older Construction: Built in 1956, despite extensive updates, the underlying structure is older, which could lead to unforeseen maintenance issues or a less contemporary overall layout in certain areas compared to newer builds.

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