1163 Pasatiempo Road, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
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Palm Springs, California 92262
This Stunning Turnkey Desert Retreat in the iconic Movie Colony East is listed at $1,215,000, representing a stable valuation for a fully modernized residence near its $1,150,131 Fair Market Value. Boasting an exceptional Condition Rating of 2, the home features a Chef's Kitchen, Owned Solar Panels, and a Resort-Style Backyard with a pool and San Jacinto Mountain Views. Proximity to the top-rated Katherine Finchy Elementary School in the Palm Springs Unified district and included expansion plans for a casita provide significant future flexibility. This move-in-ready sanctuary is ideal for Lifestyle-Oriented Buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1163 Pasatiempo Road Subject | $1,195,000* List Price | 2 | 2 | 1,630 | $713 | - |
A 2015 E Belding Drive Sold | $1,075,000 | 3 | 2 | 1,375 | $782 | 0.8 mi |
B 1331 E Del Paso Way Sold | $1,062,500 | 3 | 2 | 1,407 | $755 | 0.6 mi |
C 2146 N Blando Road Sold | $980,000 | 3 | 3 | 1,520 | $645 | 0.8 mi |
D 1111 E Tachevah Drive Sold | $1,000,000 | 4 | 2 | 1,919 | $521 | 0.1 mi |
E 545 N Chiquita Circle Sold | $1,045,000 | 3 | 2 | 1,541 | $678 | 0.7 mi |
F 460 N Orchid Tree Lane Sold | $1,320,000 | 3 | 2 | 1,904 | $693 | 1.0 mi |
G 1538 E Verbena Drive Active | $1,125,000 List Price | 3 | 2 | 1,431 | $786 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively renovated with high-end contemporary finishes and premium systems. The kitchen features quartz countertops, custom cabinetry, and top-tier appliances (Bosch and GE Profile). Major infrastructure is recently updated, including a new HVAC system (2021), a 200-amp electrical panel (2017), and owned solar panels (2018). The interior boasts porcelain and travertine tile flooring, dual-pane windows, and modern bathrooms, meeting the highest standards for move-in readiness and quality.
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.
The property features a resort-style backyard equipped with a full outdoor kitchen, pool, spa, and fire pit, all framed by iconic San Jacinto Mountain views.
Significant capital improvements include 22 owned solar panels, a newer HVAC system (2021), and dual-pane windows, offering long-term energy savings and comfort.
The current two-bedroom configuration may restrict the buyer pool, particularly for families or those requiring a dedicated guest room without undergoing construction.
Multiple price reductions since the initial listing suggest the property has faced challenges in meeting market expectations, which could impact buyer perception.
Set in the heart of Palm Springs' Movie Colony East, this updated desert home delivers the lifestyle buyers want with the value they've been waiting for. Positioned on an expansive 10,000+ sq. ft. lot, the property offers rare space, privacy, and meaningful potential for future expansion - an increasingly scarce combination in this coveted neighborhood. The 2-bedroom, 2-bath residence spans 1,630 sq. ft., designed for seamless indoor-outdoor living. Porcelain tile floors run throughout the main spaces, complemented by travertine finishes in the baths. The kitchen is both functional and refined, featuring quartz countertops, custom cabinetry, and Bosch and GE Profile appliances; ideal for everyday use and entertaining alike. The primary suite serves as a private retreat, complete with a walk-in closet and a thoughtfully separated flex space that functions effortlessly as a home office - perfect for remote work or creative use without sacrificing living areas. This adaptable space also lends itself to a fitness zone or quiet lounge. Behind the scenes, smart upgrades include a newer HVAC system (2021), 200-amp electrical panel (2017), 22 owned solar panels (2018), and dual-pane windows and doors; delivering efficiency and peace of mind. Outdoors, the backyard captures the essence of Palm Springs living with a large pool and raised spa, kitchen, lush lawn, and fire pit - all framed by striking San Jacinto Mountain views. Included plans for an approximately 800 sq. ft. expansion further elevate the opportunity, adding a family room, bar, dining area, laundry, 3/4 bath, and an attached studio casita - enhancing both livability and long-term value. Move-in ready with scale, flexibility, and upside, this is a property that truly aligns location, lifestyle, and investment potential.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,630 | 1,909.5 | 35% |
| Lot Size | 10,019 | 9,583 | 54% |
| Price | $1.20M | $875.0K | 69% |
| Price per sq ft | $733 | $483 | 84% |
| Built year | 1956 | 1986 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 203 | 184 | 64% |
Mar 21, 2026
$1,195,000
$1,215,000
-2% Price Drop
Initial Listing
Mar 18, 2026
$1,215,000
$1,249,000
-3% Price Drop
Initial Listing
Nov 15, 2025
$1,249,000
$1,285,000
-3% Price Drop
Initial Listing
Oct 1, 2025
$1,285,000
Initial Listing