1465 N Rodeo Road, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1465 N Rodeo Road
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 1465 N Rodeo Road, Palm Springs, California 92262 reveals a Fairly Priced Property with a current list price of $1,195,000 aligned with the estimated $1,195,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1465 N Rodeo Road Subject | $1,195,000* List Price | 2 | 2 | 1,840 | $649 | - |
A 2164 N Berne Drive Sold | $1,226,000 | 3 | 2 | 1,477 | $830 | 0.5 mi |
B 402 E Desert Willow Circle Sold | $1,160,000 | 3 | 2 | 1,567 | $740 | 0.8 mi |
C 1111 N Avenida Caballeros Sold | $1,150,000 | 3 | 3 | 1,713 | $671 | 0.4 mi |
D 791 N Calle Marcus Sold | $1,200,000 | 3 | 2 | 1,723 | $696 | 0.9 mi |
E 2311 N Avenida Caballeros Sold | $990,000 | 3 | 3 | 1,585 | $625 | 0.6 mi |
F 1127 N Calle Marcus Sold | $975,000 | 3 | 3 | 2,032 | $480 | 0.7 mi |
G 1163 Pasatiempo Road Active | $1,249,000 List Price | 2 | 2 | 1,630 | $766 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1956, this property has undergone extensive and high-quality modern renovations, bringing it to an 'excellent' condition. The description explicitly mentions 'modern comfort,' a 'spacious living room addition,' a 'large, industrial-style chef's kitchen' with stainless steel countertops and modern appliances, and a 'newly added spa.' Visual inspection confirms these updates, showcasing sleek travertine flooring, modern light fixtures, clean carpets in bedrooms, and fully updated bathrooms with contemporary vanities, tiling, and fixtures. The overall aesthetic is fresh, stylish, and virtually new, with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10890, living area = 1840.
- Prime Historic Location
Located in the historic El Mirador neighborhood on a secluded cul-de-sac, this property offers quiet glamour and architectural significance with a connection to Hollywood history.
- Exceptional Indoor-Outdoor Flow & Mountain Views
Features a spacious living room with dramatic mountain views through clerestory windows, a pitched wood ceiling, and seamless travertine floors extending to an expansive pool deck, promoting an easy desert lifestyle.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only two bedrooms, the property may not cater to larger families or buyers requiring additional guest rooms or dedicated office spaces, potentially narrowing the target market.
- Age of Construction (1956)
While updated, the 1956 construction year could imply potential for older infrastructure or systems that may require future maintenance or upgrades, despite modern comforts.
- Recent Price Reduction
The property experienced a price reduction from $1.295M to $1.195M, which might suggest initial overpricing or market resistance, potentially raising questions for prospective buyers about its true market value.
About 1465 N Rodeo Road
Located in the historic El Mirador neighborhood of Palm Springs on a secluded cul-de-sac, this expanded mid-century home offers a refined blend of classic design and modern comfort. Once the site of the legendary El Mirador Hotel, an iconic desert retreat for Hollywood stars and dignitaries, the neighborhood retains a sense of quiet glamour and architectural significance. Inside, the home celebrates gracious indoor-outdoor living with a spacious living room addition that captures dramatic mountain views through clerestory windows and a striking pitched wood ceiling. These thoughtful architectural elements create a rare connection to the surrounding landscape, elevating the classic ranch-style design. The large, industrial-style chef's kitchen features stainless steel countertops, extensive workspace, and storage. Two distinct living areas, each with its own fireplace, offer ideal zones for relaxation or entertaining, allowing for effortless flow between social and private spaces. Travertine floors run seamlessly from the interiors out to the expansive pool deck, reinforcing the home's easy desert lifestyle. The newly added spa spills gracefully into the pool, surrounded by southern and western exposures that ensure sun-drenched winter days and golden evening light. Two bedrooms are thoughtfully positioned for privacy, making this retreat as practical as it is serene. With timeless design, sweeping mountain vistas, and an unbeatable location steeped in Palm Springs history, this home is a true desert gem.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 6% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,840 | 1,964 | 40% |
| Lot Size | 10,890 | 9,583 | 71% |
| Price | $1.20M | $900.0K | 69% |
| Price per sq ft | $649 | $478 | 77% |
| Built year | 1956 | 1989 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 317 | 179 | 89% |
Pricing History
Listed for Sale
Oct 9, 2025
$1,195,000
$1,295,000
-8% Price Drop
Initial Listing
Price Change
Apr 24, 2025
$1,295,000
Initial Listing










































