1166 Pasatiempo Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This property presents a High-Potential Investment Opportunity with a List Price of $785,000—positioned well above the $713,773 Fair Market Value by -9%. Featuring a Condition Rating of 5, this 1956 mid-century home requires a total rehabilitation, offering a blank canvas for value-add renovations. The 10,454 sq. ft. lot provides significant potential for a pool and desert landscaping, capitalizing on the Mountain Views. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in the historic Movie Colony East.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1166 Pasatiempo Road Subject | $785,000* List Price | 3 | 2 | 1,827 | $407 | - |
A 1838 N Nogales Way Sold | $600,000 | 3 | 2 | 1,746 | $344 | 0.5 mi |
B 995 E Chia Road Sold | $725,000 | 3 | 3 | 1,521 | $477 | 0.3 mi |
C 1043 E Via Escuela Sold | $675,000 | 3 | 2 | 1,830 | $369 | 0.7 mi |
D 1065 E San Jacinto Way Sold | $875,000 | 2 | 2 | 1,664 | $526 | 0.2 mi |
E 1106 E El Cid Sold | $599,000 | 3 | 2 | 1,452 | $413 | 0.6 mi |
F 2290 N Milben Circle Sold | $655,000 | 4 | 2 | 1,200 | $546 | 1.0 mi |
G 1617 E Paseo El Mirador Active | $995,000 List Price | 3 | 2 | 2,174 | $458 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and explicitly marketed as a 'fixer,' this property requires a total rehabilitation. The kitchen is severely dated with missing appliances, the interior finishes are basic and aged, and the exterior landscaping is neglected. While the structure retains mid-century character, the age of the systems and the need for a full interior/exterior overhaul align with the rehab requirements of the poor category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1827.
Situated in the prestigious Movie Colony East, the property benefits from a high-demand neighborhood known for its Hollywood history, walkability, and close proximity to downtown Palm Springs dining and shopping.
Built in 1956, this home features classic mid-century lines, an open layout, and a signature brick fireplace, providing a perfect foundation for a high-value restoration project.
Explicitly listed as a fixer-upper, the property requires significant capital investment and construction to modernize the interiors and structural elements.
The property currently lacks a pool and finished outdoor entertaining areas, which are essential features for maximizing resale value and rental potential in the Palm Springs market.
Create the Palm Springs retreat you've always imagined in Movie Colony East - a neighborhood celebrated for its Hollywood history, iconic architecture, and walkable charm. Built in 1956, this classic mid-century fixer presents a rare opportunity to restore and reimagine a true desert retreat in one of the city's most sought-after locations. Set on a generous 10,454 sq. ft. lot with stunning south and west-facing mountain views, this 3-bedroom, 2-bath home spans approximately 1,827 sq. ft. and offers original character, clean mid-century lines, a classic brick fireplace, and an open layout ready for renovation and customization. A wall of windows could potentially be redesigned into expansive glass doors, creating seamless indoor-outdoor living framed by breathtaking mountain views and open desert skies. The spacious front yard offers exceptional potential for a pool, spa, outdoor entertaining areas, and thoughtfully designed desert landscaping. Whether envisioned as a full-time residence, seasonal getaway, or investment project, the property is ideally located just minutes from downtown Palm Springs dining, shopping, and entertainment. A rare opportunity to bring new life and vision to a property with exceptional location, character, and potential in Movie Colony East.
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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,827 | 1,920 | 41% |
| Lot Size | 10,454 | 9,583 | 59% |
| Price | $785.0K | $875.0K | 44% |
| Price per sq ft | $430 | $485 | 37% |
| Built year | 1956 | 1986 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 172 | 2% |
May 9, 2026
$785,000
Initial Listing
Feb 7, 2025
$650,000
Public Record