1323 S Driftwood Drive, Palm Springs, California 92264, Palm Springs, 92264 - 5 bed, 6 bath
1323 S Driftwood Drive
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1323 S Driftwood Drive, Palm Springs, California 92264 is currently available with a list price of $10,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1956, the property has been 'brilliantly modernized in recent years,' as stated in the description. The images confirm this, showcasing a pristine, high-end renovation. The kitchen features sleek, modern cabinetry, integrated stainless steel appliances (including a wine fridge), glass countertops, and contemporary fixtures. Bathrooms are equally luxurious with floating vanities, modern sinks, glass-enclosed showers, and high-quality marble-look tiling. Throughout the home, the flooring is consistent large-format marble-look tile, lighting is modern track and pendant, and all components appear new or virtually new, reflecting current quality standards with no signs of wear or deferred maintenance. This extensive and recent renovation places the property firmly in the 'excellent' category.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 42689, living area = 4449.
- Historical Significance & Celebrity Provenance
Known as the William Holden Estate, this property boasts a rich history and Hollywood allure, having housed notable figures like Holden, Powers, Hepburn, and Hedren, which significantly enhances its prestige and marketability.
- Exceptional Mid-Century Modern Architecture
A rare and master-built (Joe Pawling, 1955) Mid-Century Modern home, brilliantly modernized while preserving its authentic era design, appealing strongly to architectural enthusiasts and collectors.
CONSRISKS & DEFICIENCIES
- Niche Market & High Price Point
Positioned as a 'trophy home' for 'the most discerning buyer' with a list price of nearly $11 million, it targets a highly specific, ultra-luxury market segment, which may result in a longer sales cycle.
- Potential for High Maintenance & Operational Costs
As a large, historical property built in 1956, and given its history of hosting large events, prospective buyers should anticipate potentially higher ongoing maintenance, utility, and operational expenses.
- Privacy Concerns/Public Recognition
Its status as a 'must see during Modernism Week' with tours selling out in advance, and its history of public events, might pose a challenge for buyers seeking absolute residential privacy and anonymity.
About 1323 S Driftwood Drive
Fondly known as the William Holden Estate this is a Rare opportunity to own one of the very best Mid-Century modern homes in all of Palm Springs and the surrounding desert. With a rich Provenance the home was constructed by master builder Joe Pawling in 1955 and brilliantly modernized in recent years while staying true to the era. Hollywood alure abounds with such notables as Holden, Powers, Hepburn, and Hedren all calling this home through the years. The photos tell the story and there is a detail sheet attached to this listing. A must see during Modernism Week, tours sell out in advance. Events with upwards of 800 people have supported national and local politicians and charities. This trophy home is only for the most discerning buyer, no disappointments. Now listed as a historical property, taxes are a fraction of the norm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 42,689 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 0.3 mi
Raymond Cree Middle School
Grades 6-8 • 2.7 mi
Desert Learning Academy
Grades K-12 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 6.0 | 3.0 | 97% |
| Square foot | 4,449 | 2,319.5 | 96% |
| Lot Size | 42,689 | 10,454 | 98% |
| Price | $10.99M | $1.44M | 99% |
| Price per sq ft | $2.5K | $608 | 99% |
| Built year | 1956 | 1972 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 145 | 163 | 37% |
Pricing History
Listed for Sale
Oct 13, 2025
$10,995,000
Initial Listing