1461 E Padua Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Modern Turnkey Desert Retreat is a Strong Value Opportunity, listed at $679,000—positioned well below the $725,772 Fair Market Value by 6%. This valuation gap provides $46,772 in Instant Equity. Boasting a Condition Rating of 2, the home features polished concrete floors, a remodeled kitchen, and unobstructed San Jacinto mountain views from the private pool and spa. Located on Fee Simple land near Vista Del Monte Elementary, it offers financial security and resort-style living. This is an ideal acquisition for Lifestyle Investors or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1461 E Padua Way Subject | $679,000* List Price | 3 | 2 | 1,560 | $435 | - |
A 1591 Olga Way Sold | $780,000 | 4 | 2 | 1,597 | $488 | 0.3 mi |
B 1602 Olga Way Sold | $758,000 | 4 | 2 | 1,597 | $475 | 0.3 mi |
C 2190 N Paseo De Anza Sold | $720,000 | 4 | 2 | 1,717 | $419 | 0.2 mi |
D 1533 Lorena Sold | $630,000 | 3 | 2 | 1,438 | $438 | 0.2 mi |
E 1481 E Padua Way Sold | $655,000 | 3 | 2 | 1,560 | $420 | 0.0 mi |
F 1351 E Gem Circle Sold | $675,000 | 3 | 2 | 1,258 | $537 | 0.1 mi |
G 1489 E Francis Drive Active | $749,000 List Price | 4 | 3 | 1,475 | $508 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone an extensive recent renovation within the last 5 years. It features a fully remodeled kitchen with modern shaker cabinets and stainless steel appliances, updated bathrooms with contemporary tile and gold-tone fixtures, and polished concrete flooring throughout. The home is presented in turnkey condition with designer finishes and updated systems, including a new pool pump and heater.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1560.
The property boasts wide-open, breathtaking views of the San Jacinto mountains with no power lines or obstructions, providing the premium desert backdrop highly sought after in Palm Springs.
Extensively remodeled with polished concrete floors, designer finishes, and a new kitchen, the home is offered turnkey furnished, making it an immediate move-in or high-performing rental asset.
As an active vacation rental, viewing opportunities are limited to guest turnovers and require advance appointments, which may pose a challenge for motivated buyers on a tight schedule.
With 1,560 square feet divided among three bedrooms, the interior footprint may feel somewhat confined for buyers seeking the expansive, grand-scale living spaces often found in desert estates.
I wish I could tell you that this is just another remodeled desert home...or that you won't fall in love right when you walk in...I even wish I could tell you that you are going to find a more competitively priced turnkey furnished home in one of the BEST neighborhoods in Palm Springs...but I just can't lie to you...1461 E. Padua Way feels different the moment you arrive.Wide open, unobstructed views with nothing cutting across your line of sight. Just desert sky, San Jacinto mountain views for days, and the kind of setting people come out to Palm Springs for in the first place.Inside, it's clean, modern, and thoughtfully put together. Polished concrete floors run throughout, paired with custom wall work and designer finishes that give the home actual personality instead of the usual cookie-cutter remodel.The primary suite opens straight to the backyard through floor-to-ceiling sliders, such a smooth transition from inside to outside. Out back, you've got a freshly redone pool and spa, space to hang, and the kind of setting that makes you want to slow down for a bit.Recent upgrades include a fully remodeled kitchen, interior and exterior paint, a new pool pump and heater with Pentair system, updated sliding glass doors, and an improved irrigation system.Here you are on fee simple land that you own, you'll never have to worry about extra fees or a lease renewal. The property is currently operating as a killer vacation rental so showings are available by appointment. If you've been waiting for something that doesn't feel the same as everything else... this might be the one!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,560 | 1,939 | 30% |
| Lot Size | 7,405 | 9,583 | 34% |
| Price | $679.0K | $875.0K | 30% |
| Price per sq ft | $435 | $485 | 37% |
| Built year | 1989 | 1987 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 73 | 180 | 11% |
Mar 26, 2026
$679,000
Initial Listing
Dec 21, 2021
$704,500
Public Record
May 6, 1996
$120,000
Public Record