
Palm Springs, California 92262
This Versatile Dual-Living Residence in the prestigious Movie Colony East neighborhood is listed at $1,225,000, positioned near its $1,093,853 Fair Market Value. The property features a seamlessly attached ADU, providing immediate rental income potential or flexible guest housing. Currently holding a Condition Rating of 4, the 1966-built home is functional yet offers a prime opportunity for modernization to drive forced appreciation. With a Private Pool, Spa, and Mountain Views within the top-rated Katherine Finchy Elementary zone, this is a high-utility asset for Multi-generational Families or Owner-Occupants seeking a desert sanctuary with flexible living options.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1450 Tamarisk Rd Subject | $1,190,000* List Price | 3 | 3 | 2,165 | $505 | - |
A 1132 E San Jacinto Way Sold | $1,225,000 | 3 | 3 | 2,030 | $603 | 0.3 mi |
B 407 N Orchid Tree Lane Sold | $1,159,000 | 3 | 2 | 1,848 | $627 | 0.7 mi |
C 1387 E Verbena Drive Sold | $1,050,000 | 3 | 3 | 1,742 | $603 | 0.1 mi |
D 562 N Saturmino Drive Sold | $1,025,000 | 4 | 3 | 2,077 | $494 | 0.3 mi |
E 1111 E Tachevah Drive Sold | $1,000,000 | 4 | 2 | 1,919 | $521 | 0.3 mi |
F 1060 E Olive Way Sold | $1,170,000 | 3 | 3 | 2,331 | $502 | 0.5 mi |
G 1617 E Paseo El Mirador Active | $995,000 List Price | 3 | 2 | 2,174 | $458 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this property is well-maintained and functional, but shows a mix of updates and dated elements. The main house kitchen features newer white shaker cabinets and a stainless steel range, but the refrigerator, dishwasher, and floor tiles are older. The bathrooms are largely dated with older tile, vanities, and light fixtures. While the ADU has newer wood-look flooring, its kitchen also has older appliances and tile. The property is move-in ready, but significant areas would benefit from modernization to meet current aesthetic and quality standards, aligning with the 'fair' condition criteria of being aged but maintained with signs of being outdated.
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 = 2165.
The property features a rare and versatile dual-living retreat with a seamlessly attached Accessory Dwelling Unit (ADU), offering exceptional flexibility for extended family, guest accommodations, or potential rental income.
Enjoy a private pool, relaxing spa, and inviting outdoor lounge areas framed by mature landscaping, providing an ideal setting for leisure and entertainment in the Palm Springs climate.
Built in 1966, the property's age may suggest the presence of older systems or components that could require future maintenance, repairs, or upgrades not explicitly detailed in the description.
While highlighting flow and light, the description does not specify recent modern renovations to key areas like kitchens or bathrooms, which buyers often seek in properties of this vintage and price point.
The property has undergone a recent price reduction from $1,299,999 to $1,225,000, which could indicate that the initial pricing was ambitious or that the property has faced market resistance.
Welcome to this rare and versatile dual-living retreat in Palm Springs, featuring a seamlessly attached Accessory Dwelling Unit (ADU). The main residence features two bedrooms and two full bathrooms, with an open floor plan that seamlessly flows from the living area through the dining and kitchen spaces, enhanced by natural light and an effortless indoor–outdoor connection. The attached ADU features a spacious primary bedroom, a private bathroom, and a dedicated living area with direct access to the outdoor pool and spa. This thoughtfully designed layout offers options for extended living, guest accommodations, or flexible workspace. all within a single, cohesive property. Step outside to enjoy the pool, relaxing spa, and inviting outdoor lounge areas framed by mature landscaping. With separate entrances and full functionality throughout, this property offers exceptional versatility and comfort.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 2,165 | 1,914 | 61% |
| Lot Size | 10,454 | 9,583 | 62% |
| Price | $1.19M | $875.0K | 69% |
| Price per sq ft | $550 | $483 | 65% |
| Built year | 1966 | 1986 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 191 | 185 | 55% |
Apr 18, 2026
$1,190,000
$1,225,000
-3% Price Drop
Initial Listing
Feb 2, 2026
$1,225,000
$1,299,999
-6% Price Drop
Initial Listing
Oct 14, 2025
$1,299,999
Initial Listing