1429 E Francis, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
1429 E Francis
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 1429 E Francis, Palm Springs, California 92262 reveals a property with a current list price of $830,000, which is 10% above the estimated $740,884 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1429 E Francis Subject | $830,000* List Price | 3 | 2 | 1,475 | $502 | - |
A 1862 N Nogales Way Sold | $743,000 | 3 | 2 | 1,620 | $459 | 0.6 mi |
B 2173 N Viminal Road Sold | $705,000 | 3 | 2 | 1,700 | $415 | 0.9 mi |
C 2910 N Bahada Road Sold | $699,000 | 3 | 2 | 1,587 | $440 | 0.4 mi |
D 2250 Acacia Road E Sold | $769,000 | 3 | 2 | 1,314 | $585 | 0.8 mi |
E 2301 E Acacia Road N Sold | $775,000 | 3 | 2 | 1,584 | $489 | 0.8 mi |
F 1122 E Via Via San Michael Road Sold | $980,000 | 3 | 2 | 1,626 | $603 | 0.4 mi |
G 1496 E Luna Way Active Under Contract | $649,900 List Price | 3 | 2 | 1,560 | $417 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1990, has undergone significant cosmetic updates, including modern laminate flooring throughout, fresh paint, updated kitchen cabinets with new countertops, and renovated bathroom vanities with contemporary fixtures and vessel sinks. These updates make the home move-in ready. However, the kitchen still features older white appliances and a dated fluorescent light panel, and the bathroom vanity lighting is also somewhat dated. While the cosmetic renovations are recent and appealing, the age of the property (34 years) and the lack of specific information regarding updates to major systems (HVAC, plumbing, electrical) prevent it from reaching an 'Excellent' rating. It fits the 'Good' category as it's move-in ready with well-maintained systems and recent cosmetic updates, but not a full, recent top-to-bottom renovation.
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 = 10019, living area = 1475.
- Desirable Palm Springs Location & Mountain Views
Situated in the sought-after North End Palm Springs area, the property offers picturesque mountain views and embodies the quintessential desert lifestyle.
- Exceptional Outdoor Entertainment & Amenities
Features a sparkling pool, custom-tiled spillover spa, covered patio with festive string lighting, and a meticulously landscaped private backyard, ideal for entertaining and relaxation.
CONSRISKS & DEFICIENCIES
- Significant Recent Price Increase
The property was sold for $725,000 in June 2024 and is now listed at $830,000, representing a substantial price jump in a very short period that may require buyer justification.
- Potential for Dated Interior Systems/Finishes
Built in 1990, the description highlights an open concept and master suite features but lacks specific details on recent updates to key interior elements like the kitchen, other bathrooms, or major systems (e.g., HVAC, plumbing, electrical), which could imply potential for future renovation costs.
- Lack of Mention of Cooling System
Given the Palm Springs climate, the absence of any explicit mention of a cooling system (e.g., air conditioning) in the property description is a notable omission and could be a significant concern for potential buyers.
About 1429 E Francis
Discover the quintessential Palm Springs lifestyle in this stunning Desert retreat. ?From the moment you enter, you are greeted by an expansive open-concept floor plan that radiates with natural light. The Room flows seamlessly into the dining area, where a wall of glass sliders frames your private backyard paradise. large master bedroom with walk in master closet with private bathroom?. Situated on a meticulously landscaped lot with towering Palms, the backyard features a sparkling pool and a raised, custom-tiled spillover spa. Whether you’re hosting a dinner parties under the covered patio with festive string lighting or soaking in the mountain views, this home offers unparalleled privacy and tranquility. ?Ideal as a sophisticated primary residence, a seasonal getaway, or a high-performing short-term rental investment. Welcome home to your private desert sanctuary.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 0.5 mi
Raymond Cree Middle School
Grades 6-8 • 0.8 mi
Palm Springs High School
Grades 9-12 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,475 | 1,964 | 21% |
| Lot Size | 10,019 | 9,583 | 58% |
| Price | $830.0K | $895.0K | 41% |
| Price per sq ft | $563 | $478 | 65% |
| Built year | 1990 | 1989 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 179 | 7% |
Pricing History
Listed for Sale
Dec 22, 2025
$830,000
Initial Listing
Sold
Jun 24, 2024
$725,000
Public Record
Sold
Sep 20, 1993
$140,500
Public Record