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

1465 N Rodeo Road, Palm Springs, California 92262 home-pic-0

1465 N Rodeo Road

Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,840Sq Ft
10,890Lot Size

Property Price

LIST PRICE$1,195,000
EST. MARKET VALUE
$1,195,000

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

$1,195,000
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1465 N Rodeo Road
Subject
$1,195,000*
List Price
221,840$649-
A
2164 N Berne Drive
Sold
$1,226,000321,477$8300.5 mi
B
402 E Desert Willow Circle
Sold
$1,160,000321,567$7400.8 mi
C
1111 N Avenida Caballeros
Sold
$1,150,000331,713$6710.4 mi
D
791 N Calle Marcus
Sold
$1,200,000321,723$6960.9 mi
E
2311 N Avenida Caballeros
Sold
$990,000331,585$6250.6 mi
F
1127 N Calle Marcus
Sold
$975,000332,032$4800.7 mi
G
1163 Pasatiempo Road
Active
$1,249,000
List Price
221,630$7660.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
6%
Baths2.03.0
45%
Square foot1,8401,964
40%
Lot Size10,8909,583
71%
Price$1.20M$900.0K
69%
Price per sq ft$649$478
77%
Built year19561989
10%
HOA$0$0
50%
Days on market317179
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

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