
Palm Springs, California 92264
This Turnkey Mid-Century Modern Retreat is listed at $1,120,000, offering a stable entry point at its $1,120,000 Fair Market Value. Boasting an Excellent Condition Rating following extensive recent renovations, the home features a designer kitchen, wood-look flooring, and paid-for solar panels. The exterior serves as a private sanctuary with a pool, in-ground spa, and mountain views. Located on fee land in the desirable Los Compadres neighborhood, this property is a proven high-performing asset. It is an ideal acquisition for Vacation Rental Investors or Owner-Occupants seeking a move-in-ready desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1334 S San Joaquin Drive Subject | $1,120,000* List Price | 3 | 2 | 1,560 | $718 | - |
A 3534 Las Pampas Way Sold | $1,280,000 | 3 | 2 | 1,532 | $836 | 0.5 mi |
B 2795 Alondra Way Sold | $1,200,000 | 3 | 2 | 1,644 | $730 | 0.2 mi |
C 1177 S Farrell Drive Sold | $1,265,000 | 3 | 2 | 1,560 | $811 | 0.1 mi |
D 2517 E Mesquite Avenue Sold | $1,235,000 | 3 | 2 | 1,560 | $792 | 0.2 mi |
E 2994 Guadalupe Road Sold | $1,385,000 | 3 | 4 | 1,830 | $757 | 0.3 mi |
F 1244 S San Mateo Drive Active | $1,375,000 List Price | 3 | 2 | 1,558 | $883 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone an extensive recent renovation within the last 5 years, meeting the criteria for excellent condition. The interior features a fully remodeled open-concept kitchen with modern white cabinetry, high-end stainless steel appliances, and a stylish wood-slat island. The bathrooms have been updated with contemporary vanities and fixtures. Throughout the home, there is new wood-look flooring, modern recessed lighting, and designer fixtures. The exterior is a turnkey oasis with a well-maintained pool, spa, and professional hardscaping, further enhanced by energy-efficient paid-for solar panels.
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 = 1560.
The property is a high-performing vacation rental with a proven 5-star track record, offering immediate revenue and established credibility for investors.
Recently updated with high-end finishes, the home features a bright open-concept layout and fully remodeled kitchen and bathrooms.
As an active vacation rental, showings are limited and must be coordinated around guest stays, which may complicate the viewing process for buyers.
The assigned public schools have relatively low ratings (4/10), which could be a drawback for primary residence buyers with school-aged children.
The property has already seen a price reduction from its original listing of $1.19M, suggesting the initial valuation was above current market expectations.
This exceptional property is more than a home, it is a compelling opportunity in one of the region's most desirable neighborhoods and is now priced to sell. Currently operating as a high-performing vacation rental with a strong history of 5-star guest experiences, it offers a rare chance for a buyer to step directly into an established, fully managed operation with immediate credibility and income. Detailed financials and a forward calendar of reservations are available for review, and the sellers are happy to provide full performance records. As an active vacation rental, showings must be coordinated around existing guest stays, so please contact the listing agent to schedule a tour. The property's proven success as both a short-term and seasonal rental also makes it equally attractive as a private getaway or full-time residence. Recently renovated, the home features high-end finishes, a bright open-concept layout, remodeled kitchen and bathrooms, and seamless indoor-outdoor living through expansive sliders that open to a private backyard oasis with a pool, in-ground spa, fire pit, and lounge seating. Additional highlights include paid-for solar panels for meaningful utility savings, fee land ownership with no HOA, and furnishings available for purchase outside of escrow, giving the next owner flexibility to continue operating as a turnkey vacation rental or enjoy a move-in-ready Palm Springs retreat.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 2.9 mi
Grades K-12 • 0.7 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 | 25% |
| Square foot | 1,560 | 2,266 | 17% |
| Lot Size | 10,454 | 10,019 | 51% |
| Price | $1.12M | $1.34M | 34% |
| Price per sq ft | $718 | $609 | 73% |
| Built year | 1964 | 1976 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 163 | 78% |
Jan 28, 2026
$1,120,000
$1,190,000
-6% Price Drop
Initial Listing
Sep 19, 2025
$1,190,000
Initial Listing