1327 E San Lucas Road, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath
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Palm Springs, California 92264
This Turnkey Vacation Rental is a Strong Value Opportunity, listed at $1,325,000—positioned well below the $1,346,852 Fair Market Value by 1.6%. This valuation gap offers $21,852 in Instant Equity. Featuring a Mint Condition Rating, this residence includes a private casita, sparkling pool and spa, and panoramic mountain views. With a proven rental history and eligibility for short-term permits, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, move-in ready asset in Tahquitz River Estates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1327 E San Lucas Road Subject | $1,325,000* List Price | 4 | 3 | 1,810 | $744 | - |
A 1175 E San Lucas Road Sold | $1,299,000 | 3 | 3 | 1,769 | $734 | 0.1 mi |
B 1554 E San Lucas Road Sold | $1,510,000 | 3 | 3 | 2,022 | $747 | 0.1 mi |
C 1450 S Via Soledad Sold | $1,300,000 | 3 | 3 | 1,975 | $658 | 0.8 mi |
D 1572 N Riverside Drive Active | $1,025,000 List Price | 3 | 2 | 1,845 | $556 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014 and featuring a recently updated kitchen with contemporary finishes and stainless steel appliances, this property is in mint condition. It includes modern safety systems like a whole-house fire suppression system and shows no signs of deferred maintenance, qualifying it as move-in ready and high-performing.
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 = 1810.
The property is currently eligible for a City of Palm Springs short-term rental permit and features a proven vacation rental history, offering significant value for investment-minded buyers.
Includes a private attached casita with an en suite bath, providing excellent flexibility for hosting guests, multi-generational living, or maximizing rental income.
At a list price of $1,325,000 for 1,810 square feet, the property sits at a premium price point that may be a hurdle for buyers focused on maximizing interior living space.
The assigned elementary and middle schools carry a rating of 4, which may be a consideration for families prioritizing high-ranking educational districts.
Located in the highly desirable Tahquitz River Estates neighborhood, this beautifully maintained property offers a proven and successful vacation rental history and, at the time of listing, remains eligible for a City of Palm Springs short-term rental permit. Offered turnkey furnished, this charming 4-bedroom, 3-bath residence includes a private attached casita with en suite bath, ideal for guests or additional rental flexibility. Just minutes from vibrant downtown Palm Springs, the home features a recently updated kitchen with stainless steel appliances and refined contemporary finishes, an open dining area, an expansive living room with fireplace, interior laundry area, and a two-car garage with additional driveway parking. Additional highlights include a whole-house fire suppression system and potential to add an ADU or additional casita. The resort-style backyard is designed for privacy and relaxation, enclosed by block and metal walls and showcasing stunning mountain views. Enjoy covered outdoor dining, a sparkling pool and spa, fire pit and abundant sun-filled entertaining space. Property is offered turnkey furnished excluding select artwork and the owners' personal possessions.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.3 mi
Grades K-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,810 | 2,307 | 27% |
| Lot Size | 10,019 | 10,019 | 50% |
| Price | $1.32M | $1.42M | 46% |
| Price per sq ft | $732 | $625 | 76% |
| Built year | 2014 | 1977 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 144 | 1% |
May 8, 2026
$1,325,000
Initial Listing
Feb 4, 2020
$839,000
Public Record
Aug 27, 2014
$695,000
Public Record
Oct 21, 2013
$75,000
Public Record