1272 E Verbena Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1272 E Verbena Drive, Palm Springs, California 92262 home-pic-0
ACTIVE$3,800,000
1272 E Verbena Drive, Palm Springs, California 92262
3Beds
2Baths
2,424Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($3,303,080.48) is $496,919.52 (13%) lower than the list price ($3,800,000). 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 = 13068, living area = 2424.
Top Cons:
Significant Price Premium: The listing price of $3.8 million is notably higher than the estimated market value, indicating a substantial premium for its unique historical and architectural status, which may narrow the buyer pool.

Compared to the nearby listings

Price:$3.80M vs avg $925.0K (+$2,875,000)97%
Size:2,424 sqft vs avg 2,100 sqft66%
Price/sqft:$1.6K vs avg $491100%

More Insights

Built in 1955 (70 years old).
Condition: Despite being built in 1955, this property has undergone an award-winning, complete top-to-bottom renovation, explicitly stated to include new terrazzo floors, a completely redone kitchen with stainless steel appliances, marble slabs, and European fixtures, and fully updated bathrooms. Major systems like the roof, HVAC, and a new solar system are also new. The images confirm a pristine, modern, and high-end aesthetic throughout, with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1955
Close
-
List price
$3.8M
Original List price
$3.8M
Price/Sqft
$1,568
HOA
-
Days on market
-
Sold On
-
MLS number
25606279
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Donald Wexler, FAIA, Architect | The Wexler Residence, 1955. The property is listed on the National Register of Historic Places, and is designated as a Palm Springs Class 1 Historic Resource, with substantial Mills Act tax savings. On almost a third of an acre in fashionable Movie Colony East, two blocks from Ruth Hardy Park, the architect's own home remains a testament to the timelessness of the Mid-Century Modern design for which his name is virtually synonymous. Donald Wexler is widely considered the father of desert architecture in the Coachella Valley, "the architect who gave shape to Palm Springs" in the words of the New York Times, famous for the Palm Springs International Airport, the Dinah Shore estate, and the innovative Steel Development Houses that dot the northern edge of the city. Here in the home where he and his family lived for almost forty years, the architect employed a softer touch with an all-wood structure, incorporating elements learned as an apprentice in the offices of Richard Neutra and William F. Cody. The wood post and double-beam system, a Wexler signature, provided a flexible open floor plan which could expand and contract as the needs of the family changed. Interior walls project through floor-to-ceiling glass, connecting the eye to the landscape beyond and dissolving the indoor/outdoor boundary. Tongue-and-groove ceilings allow for the elegantly slender fascia profile, and deep overhangs shield the interior from the mid-day sun. Fortunately, the current steward has preserved these elements, along with vertical fir siding, spun metal can lights, and other original finishes that define the essential architecture. In a collaborative intervention by Donald Wexler himself, architect Lance O'Donnell, and interior designer Darren Brown, the home was completely remodeled from top to bottom, winning the Palm Springs Modern Committee's Residential Restoration of the Year Award shortly after completion. Sympathetic to the home's original design, new terrazzo floors were introduced throughout, and kitchen and bathrooms were completely redone, with stainless steel appliances, marble slabs, and European fixtures and fittings that have brought the home into alignment with contemporary lifestyle standards. Finally, a painstakingly curated Wexler White paint unifies the composition. New roof, new HVAC, and a new solar system round out the functional upgrades. The site itself is completely private, surrounded by a hedgerow, invisible from the street. Inside, however, the property opens up to the house, surrounded by ancient boulders, and a mature landscape of native plants, most likely the unsubstantiated work of designer Antone Dalu, who worked on most of Wexler's projects in the 1950s with a refresh by William Kopelk of Inside Outside. A substantial black-bottom swimming pool and detached spa offer views of the San Jacinto mountains in the distance.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.4mi
4/10
Raymond Cree Middle School
Public,6-80.7mi
6/10
Palm Springs High School
Public,9-121.3mi
4/10
Desert Learning Academy
Public,K-121.4mi
Condition Rating
Excellent

Despite being built in 1955, this property has undergone an award-winning, complete top-to-bottom renovation, explicitly stated to include new terrazzo floors, a completely redone kitchen with stainless steel appliances, marble slabs, and European fixtures, and fully updated bathrooms. Major systems like the roof, HVAC, and a new solar system are also new. The images confirm a pristine, modern, and high-end aesthetic throughout, with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
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 = 13068, living area = 2424.
Iconic Architectural Significance: The property is the personal residence of renowned architect Donald Wexler, a Class 1 Historic Resource, and listed on the National Register, representing a pinnacle of Mid-Century Modern design.
Substantial Mills Act Tax Savings: Designation as a Palm Springs Class 1 Historic Resource provides significant and ongoing Mills Act tax savings, enhancing the property's long-term financial appeal.
Award-Winning, Thoughtful Restoration: The home underwent a complete, award-winning restoration with original architect involvement, meticulously preserving its historical integrity while integrating modern luxury and functionality.
Prime Location & Privacy: Located in the fashionable Movie Colony East, two blocks from Ruth Hardy Park, the property offers a private, almost third-acre lot with mature landscaping and seclusion from the street.
Modernized Comfort & Amenities: Features extensive modern upgrades including new HVAC, new solar system, high-end remodeled kitchen and bathrooms with premium finishes, new terrazzo floors, a substantial pool, detached spa, and mountain views.

Cons

Significant Price Premium: The listing price of $3.8 million is notably higher than the estimated market value, indicating a substantial premium for its unique historical and architectural status, which may narrow the buyer pool.
Historic Property Restrictions: As a designated historic resource, the property may be subject to restrictions on future exterior modifications or renovations, requiring approval and potentially limiting a buyer's personalization options.
Niche Market Appeal: The property's highly specific architectural style and historic significance cater to a niche market of buyers, potentially leading to a longer marketing period compared to more broadly appealing homes.

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