
Palm Springs, California 92264
This Mid-Century Modern Value-Add Asset in the prestigious Deepwell Estates is listed at $1,500,000, following a $200,000 price reduction to reflect its current state. With a Condition Rating of 5, this property requires a comprehensive renovation to align with its $1,367,767 Fair Market Value. The 10,454 sqft lot includes a pool and iconic mountain views, with proximity to Palm Springs High School within the Riverside Unified district. This high-potential project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on forced appreciation in a premier Palm Springs location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1455 S Calle De Maria Subject | $1,370,000* List Price | 4 | 4 | 2,387 | $570 | - |
A 1251 E San Lorenzo Road Sold | $1,550,000 | 4 | 3 | 2,494 | $621 | 0.3 mi |
B 1983 S Yucca Place Sold | $1,300,000 | 3 | 2 | 2,136 | $609 | 0.6 mi |
C 1414 S Sagebrush Road Sold | $1,450,000 | 5 | 5 | 2,798 | $518 | 0.1 mi |
D 1810 S Mesa Drive Sold | $1,195,000 | 3 | 3 | 2,250 | $531 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and explicitly marketed as a 'Contractor/Investor's Dream,' this property requires substantial rehabilitation. While the exterior retains its mid-century architectural appeal and the HVAC systems have been updated (Trane A/C), the listing's reliance on virtual staging and the description's call for 'vision' indicate that the kitchen, bathrooms, and interior finishes are likely outdated or in a state of disrepair requiring a full renovation.
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 = 2387.
Situated in the prestigious Deepwell Estates, this west-facing property captures iconic Palm Springs mountain views and sunsets from a highly sought-after location near downtown.
The layout includes a main 3-bedroom residence plus a separate poolside studio with its own entrance and A/C, offering excellent potential for guest quarters, a home office, or rental income.
Marketed as a 'Contractor/Investor’s Dream,' the home likely requires substantial capital investment and vision to modernize, which may deter buyers looking for a move-in-ready property.
A recent $200,000 price reduction from the original list price suggests the property may have faced challenges with initial market positioning relative to its current condition.
MID-CENTURY MODERN, AMAZING LOCATION! Contractor/Investor's Dream. Your timing is perfect to make your mark on a rare west-facing Deepwell Estates home in the heart of downtown Palm Springs. Ideally situated to capture breathtaking mountain views and stunning desert sunsets, this property offers the quintessential Palm Springs lifestyle. The main residence features 3 bedrooms and 3 bathrooms, including two private ensuite bedrooms—each with its own front patio, creating ideal separation for guests or personal retreats. The thoughtful layout blends comfort and flexibility, perfect for full-time living or a stylish desert getaway. A 4th bedroom and bath is configured as an attached poolside studio with its own private entrance and dedicated A/C unit—ideal for guests, rental potential, or a private workspace. Step outside to your expansive backyard oasis featuring an impressive 18’ x 36’ pool and a generous 40-foot covered patio—perfect for entertaining, relaxing, and enjoying the spectacular west-facing mountain views. The main home is equipped with both central A/C and evaporative cooling ductwork, including a newer AeroCool evaporative cooler and Trane A/C system, offering energy-efficient comfort year-round. A rare opportunity in one of Palm Springs’ most desirable neighborhoods—bring your vision and make it your own.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.8 mi
Grades K-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 2,387 | 2,268 | 53% |
| Lot Size | 10,454 | 10,019 | 51% |
| Price | $1.37M | $1.35M | 51% |
| Price per sq ft | $574 | $608 | 43% |
| Built year | 1956 | 1976 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 159 | 12% |
Apr 16, 2026
$1,370,000
$1,500,000
-9% Price Drop
Initial Listing
Mar 13, 2026
$1,500,000
$1,700,000
-12% Price Drop
Initial Listing
Feb 12, 2026
$1,700,000
Initial Listing