143 Obsidian Loop N, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath
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Palm Springs, California 92264
This Modern Desert Trophy Home is a Strong Value Opportunity, listed at $1,697,000—positioned well below the $1,738,118 Fair Market Value by 2%. This valuation gap offers $41,118 in Instant Equity for buyers. Boasting a Pristine Condition Rating, this 2022 build features a Thermador epicurean kitchen, owned solar, and a saltwater pool with panoramic mountain views. Located on Fee Land in South Palm Springs, this turn-key sanctuary is the ideal acquisition for Luxury Homebuyers or Seasonal Residents seeking a seamless indoor-outdoor lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 143 Obsidian Loop N Subject | $1,697,000* List Price | 3 | 4 | 2,466 | $705 | - |
A 1135 Iris Lane Sold | $1,200,000 | 2 | 3 | 1,773 | $677 | 0.5 mi |
B 190 Obsidian Loop Active | $1,450,000 List Price | 3 | 4 | 2,280 | $636 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this modern trophy home is in pristine condition and meets all criteria for the highest quality rating. The property features a high-end epicurean kitchen with Thermador appliances, designer light fixtures, large-format tile flooring, and advanced systems including an owned 16-panel solar system and electric blinds. The seamless indoor/outdoor integration and turn-key luxury finishes indicate no deferred maintenance and virtually no physical depreciation.
Built in 2022, this trophy home is offered fully furnished with high-end designer touches, local art, and a premium epicurean kitchen featuring Thermador appliances, offering an immediate move-in experience.
The property features disappearing walls of glass that create a perfect flow to a private saltwater pool, spa, and detached casita, complemented by a second-floor deck with panoramic San Jacinto mountain views.
Unlike many Palm Springs properties, you own the land (Fee Land), and the home includes a fully owned 16-panel solar system and whole-home water softener, significantly reducing long-term carrying costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2466, other record living area = 2181. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 5,227 square foot lot is relatively small for this price point, which may limit outdoor privacy and space for those seeking a more expansive private estate.
Being part of the Elan community involves mandatory HOA fees and regulations, which may restrict certain architectural modifications or short-term rental flexibility compared to non-governed neighborhoods.
Designed with refined luxury, this 2022 trophy home has been conceived for the quintessential South Palm Springs lifestyle and is brimming with designer touches and fixtures! The great room has towering ceilings and walls of sliding glass that completely disappear for the ultimate, seamless indoor/outdoor entertaining flow! The great room, home office, first-floor primary suite, and the detached casita all surround and have direct access to the saltwater pool/spa, outdoor shower and tranquil desert landscaping! The second-floor primary suite has its own large viewing and entertaining deck with postcard-perfect views of the San Jacinto mountains! The stunning and sophisticated epicurean kitchen has an expansive island with an eating bar and high-end appliances including a Thermador vanishing column refrigerator & freezer with soft-touch open, a Thermador 60-inch dual oven with six burners & griddle, dishwasher, and microwave! This private modern desert retreat has a fully paid & owned 16-panel solar system, whole-home water softener, electric blinds, pro landscaping and lighting, security cameras, keyless entry and much more! This one-of-a-kind, spectacular VIP home is offered turn-key, including furniture, local art, accessories, and a fully stocked kitchen. Elan residents enjoy low HOA fees that include access to amenities such as a dog park, bocce ball court, and a resort-style communal pool and spa. The further allure of this home is its A+ location, just minutes from world-class dining, theatre, golf, biking and superior hiking trails--and you own the land!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 2,466 | 2,268 | 56% |
| Lot Size | 5,227 | 10,019 | 15% |
| Price | $1.70M | $1.35M | 68% |
| Price per sq ft | $688 | $609 | 66% |
| Built year | 2022 | 1976 | 91% |
| HOA | $210.0 | $0 | 73% |
| Days on market | 30 | 158 | 1% |
Mar 23, 2026
$1,697,000
Initial Listing
Oct 12, 2023
$1,386,500
Public Record