1441 Lorena Way, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath
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Palm Springs, California 92262
This Contemporary Desert Retreat is a Prime Investment Opportunity listed at $1,375,000—positioned well below the $1,403,764 Fair Market Value by 2%. This valuation gap offers $28,764 in Instant Equity for a property in Good Condition. The expansive layout features a detached casita, chef's kitchen, and a resort-style backyard with unobstructed San Jacinto Mountain views. Located near Vista Del Monte Elementary, this home offers immediate luxury with significant upside through cosmetic personalization. It is an ideal match for Luxury Lifestyle Seekers or Owner-Occupants looking to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1441 Lorena Way Subject | $1,375,000* List Price | 4 | 4 | 2,784 | $504 | - |
A 1658 Ava Court Sold | $1,300,000 | 3 | 3 | 2,432 | $535 | 0.3 mi |
B 1105 E Via Via San Michael Road Sold | $1,195,000 | 4 | 3 | 2,208 | $541 | 0.8 mi |
C 796 E Racquet Club Road Sold | $1,082,500 | 4 | 3 | 2,270 | $477 | 0.5 mi |
D 1070 E Deepak Road Sold | $1,150,000 | 3 | 4 | 2,720 | $423 | 0.5 mi |
E 1045 E Deepak Road Sold | $1,550,000 | 3 | 4 | 2,692 | $576 | 0.6 mi |
F 1060 E Olive Way Sold | $1,170,000 | 3 | 3 | 2,331 | $502 | 0.8 mi |
G 1450 Lorena Way Active | $1,395,000 List Price | 4 | 4 | 2,784 | $501 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turnkey condition with a well-maintained interior. Built in 2004, it features updated wood-look flooring throughout and modern neutral paint. While the kitchen cabinetry and granite countertops reflect the original construction style, the appliances are modern and the overall aesthetic is clean and functional. The resort-style backyard and detached casita are high-quality features that support a 'good' rating despite the home being slightly over the 20-year mark.
The property includes a detached casita with a private entrance and en-suite bath, offering ideal accommodations for guests, a home office, or a multi-generational living setup.
The outdoor space is a true desert retreat featuring a pool, spa, fire pit, and covered patio, all set against the backdrop of the iconic San Jacinto mountain views.
The 2,784-square-foot open-concept floor plan features high ceilings, a chef's kitchen with a large island, and a versatile bonus room, maximizing both functionality and natural light.
The listing suggests potential for further elevation through renovations, indicating that some interior finishes may be dated and require additional investment to reach a bespoke luxury level.
The assigned middle and high schools have average ratings (4 and 6 respectively), which may be a drawback for families specifically seeking top-rated educational districts.
Welcome to 1441 Lorena Wayan exceptional 4-bedroom, 4-bathroom contemporary residence offering 2,784 square feet of thoughtfully designed living space in one of Palm Springs' most desirable neighborhoods.This expansive single-story home features an open-concept layout with high ceilings and abundant natural light, creating an inviting atmosphere ideal for both everyday living and entertaining. At the center of the home is a chef's kitchen complete with extensive cabinetry, modern appliances, and a large center island that seamlessly connects to the spacious living and dining areas. The home offers four generously sized bedrooms plus a versatile bonus room that can function as a fifth bedroom, office, or media space. The primary suite is a true retreat, featuring direct backyard access with a view of the San Jacinto mountains, a dedicated workspace, and a luxurious en-suite bathroom with a soaking tub, separate walk-in shower, and ample closet space. A standout feature is the detached casita, offering its own private entrance, full en-suite bath, and adjacent to the outdoor pool. Step outside to your private resort-style backyard, where indoor-outdoor living truly comes to life. Enjoy a sparkling pool and spa, a fire pit conversation space, and a covered patio ideal for al fresco dining- all set against the stunning San Jacinto mountain views. Additional highlights include three full bathrooms plus a powder room, a dedicated laundry room, attached 2-car garage, and ample storage throughout. The home is turnkey and ready for immediate enjoyment as a primary residence or second home, while also offering exceptional potential to elevate it further with renovations to create a truly bespoke, luxury desert retreat tailored to your vision. Situated on a generous 0.24-acre lot just minutes from downtown Palm Springs, this property delivers the perfect balance of privacy, functionality, and desert luxury.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 4.0 | 2.0 | 72% |
| Square foot | 2,784 | 1,914 | 84% |
| Lot Size | 10,454 | 9,583 | 62% |
| Price | $1.38M | $875.0K | 79% |
| Price per sq ft | $494 | $483 | 52% |
| Built year | 2004 | 1987 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 185 | 2% |
Mar 16, 2026
$1,375,000
Initial Listing
May 20, 2022
$1,491,000
Public Record
Jul 20, 2004
$445,500
Public Record