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1433 E Caleta Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1433 E Caleta Way, Palm Springs, California 92262 home-pic-0
ACTIVE$850,000
1433 E Caleta Way, Palm Springs, California 92262
3Beds
2Baths
1,746Sqft
10,019Lot
Year Built
1978
Close
-
List price
$850K
Original List price
$875K
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
219138855DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $850.0K(42th), sqft - 1746(38th), beds - 3(50th), baths - 2(41th).

SELLER FINANCING AVAILABLE!! Step into your desert oasis with this beautifully upgraded 3-bedroom, 2-bathroom retreat nestled in the heart of Palm Springs. Designed with modern living and effortless entertaining in mind, this home seamlessly blends indoor comfort with iconic outdoor living.Inside, enjoy a thoughtfully updated interior featuring stylish finishes, an open-concept layout, and abundant natural light. The spacious living areas and upgraded kitchen create a warm, inviting atmosphere perfect for relaxing or hosting.Step outside to your private backyard paradise--an entertainer's dream complete with a sparkling pool and spa, cozy fire pit, and covered patio ideal for al fresco dining. All of this is framed by stunning mountain views that truly capture the essence of Palm Springs living.Property has proven short term rental history, making it a great investment opportunity!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.9mi
4/10
Raymond Cree Middle School
Public,•6-8•0.3mi
6/10
Palm Springs High School
Public,•9-12•1.9mi
4/10
Desert Learning Academy
Public,•K-12•2.1mi

Price History

Date
Event
Price
11/25/25
Price Change
$850,000-2.9%
11/16/25
Listing
$875,000
Condition Rating
Excellent
Despite being built in 1978, this property has undergone a very recent and extensive renovation, as evidenced by the 'beautifully upgraded' description and the images. The kitchen features new white shaker cabinets, white quartz countertops, a stylish black and white patterned backsplash, and modern black/stainless steel appliances. Bathrooms are also fully updated with contemporary vanities, fixtures, and tiling. The entire interior boasts consistent light wood-look flooring, modern light fixtures (recessed, pendants, chandelier), and an open-concept layout, all indicative of a high-quality, recent overhaul that meets current standards with no visible deferred maintenance.
Pros & Cons

Pros

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 = 1746.
Exceptional Outdoor Entertainment: The property features a private backyard paradise complete with a sparkling pool, spa, cozy fire pit, and covered patio, making it an entertainer's dream for al fresco dining and relaxation.
Strong Investment Potential: With a proven short-term rental history, this home presents a compelling opportunity for investors seeking income-generating properties in Palm Springs.
Modernized Interior & Open Concept: The home boasts a beautifully upgraded interior with stylish finishes, an open-concept layout, abundant natural light, and an upgraded kitchen, designed for modern living.
Seller Financing Available: The availability of seller financing offers a flexible purchasing option, potentially broadening the buyer pool and facilitating a smoother transaction.
Desirable Location & Mountain Views: Nestled in the heart of Palm Springs, the property offers stunning mountain views that truly capture the essence of desert living.

Cons

Property Age: Built in 1978, the property's age, despite upgrades, may imply potential for older underlying infrastructure (e.g., plumbing, electrical) or less energy-efficient components not explicitly mentioned as updated.
Recent Price Reduction: The property has undergone a price reduction from its original list price, which could indicate initial overpricing or a need to stimulate buyer interest in the current market.
Lack of Specific HVAC Details: While the interior is upgraded, the description does not provide specific details about the heating, ventilation, and air conditioning (HVAC) system, which is a critical consideration for comfort and energy efficiency in the Palm Springs climate.

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