1297 Colony Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath

1297 Colony Way, Palm Springs, California 92262 home-pic-0
ACTIVE UNDER CONTRACT$2,150,000
1297 Colony Way, Palm Springs, California 92262
3Beds
4Baths
3,440Sqft
14,810Lot
Year Built
2000
Close
-
List price
$2.15M
Original List price
$2.15M
Price/Sqft
$625
HOA
$377
Days on market
-
Sold On
-
MLS number
219139195DA
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Great Deal:The estimated price is 5% above the list price. We found 3 Cons,6 Pros. Rank: price - $2.15M(90th), sqft - 3440(94th), beds - 3(50th), baths - 4(70th).

Welcome to the coveted enclave of The Colony at El Mirador. This gated retreat blends Santa Barbara coastal architecture with contemporary style and was reimagined from top to bottom -- new windows, a stunning chef's kitchen, a luxurious primary suite, and pool and spa framed with Italian quartz and Spanish tile. Enter through a serene courtyard dotted with mature olive trees, an Indian granite walkway, vintage fountains, and multiple alfresco dining spaces, including an outdoor kitchen designed for the indoor-outdoor chef. Inside, hand-painted tiles, wood flooring, soaring ceilings, and curated color palettes create effortless warmth. The living room captures dramatic mountain views, while a cozy family room offers a second fireplace. The kitchen is a showstopper with Thermador appliances, custom cabinetry and Quartzite and Dekton counters. The elegant dining room and inviting wet bar make entertaining a joy. The cerulean office overlooks the pool and you are serenaded by one of the many fountains on the property. The primary suite is a sanctuary with smooth plaster walls, a fireplace, Italian marble finishes, imported bathtub, and a custom wardrobe room. Additional highlights include two outdoor dining areas, owned solar, and a temperature-controlled 3-car garage. Experience the quality and craftsmanship of this exceptional home.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-80.4mi
6/10
Palm Springs High School
Public,9-121.7mi
4/10
Desert Learning Academy
Public,K-121.8mi

Price History

Date
Event
Price
11/25/25
Listing
$2,150,000
11/27/23
Sold
$2,295,000
04/02/21
Sold
$1,139,000
Condition Rating
Excellent

Despite being built in 2000, this property has been 'reimagined from top to bottom' with extensive, high-end renovations, including new windows, a stunning chef's kitchen with Thermador appliances, custom cabinetry, and Quartzite/Dekton counters. The luxurious primary suite features Italian marble and an imported bathtub. The overall condition, modern finishes, and premium features like wood flooring, hand-painted tiles, owned solar, and a temperature-controlled garage indicate a virtually new property meeting current quality standards with no deferred maintenance.
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 = 14810, living area = 3440.
Extensive High-End Renovation: The property has been 'reimagined from top to bottom' with new windows, a stunning chef's kitchen, a luxurious primary suite, and a pool/spa framed with Italian quartz and Spanish tile, indicating significant recent investment and modern upgrades.
Exceptional Outdoor Living: Features a serene courtyard with mature olive trees, Indian granite walkway, vintage fountains, multiple alfresco dining spaces, and an outdoor kitchen, creating an ideal environment for entertaining and relaxation.
Premium Interior Finishes: Boasts high-quality interior details including hand-painted tiles, wood flooring, soaring ceilings, curated color palettes, Thermador appliances, custom cabinetry, Quartzite and Dekton counters, and Italian marble in the primary suite.
Desirable Gated Community & Location: Situated in 'The Colony at El Mirador,' a coveted gated retreat in Palm Springs, offering security, prestige, and dramatic mountain views.
Energy Efficiency & Practical Amenities: Includes owned solar panels for energy savings and a temperature-controlled 3-car garage, adding significant practical value and comfort.

Cons

Recent Price History: The current list price of $2.15M is lower than the last recorded sale price of $2.295M in 2023, which may prompt buyer scrutiny regarding market value and potential depreciation.
Recurring Association Fees: A monthly association fee of $377.0 adds a significant ongoing cost to homeownership.
High Maintenance Potential: The extensive high-end features, including multiple fountains, mature landscaping, pool/spa, and specialized finishes, suggest potentially higher ongoing maintenance requirements and costs.

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