
Palm Springs, California 92262
This Turnkey Palm Springs Retreat is a Strong Value Opportunity, listed at $749,000—positioned slightly above the $714,479 Fair Market Value. While priced at market, the property features an Excellent Condition Rating with a renovated chef's kitchen, heated pebble-tech pool, and stunning mountain views. The versatile fourth bedroom with a separate entrance offers significant income potential. Located in the Palm Springs Unified School District, this home is an ideal fit for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready desert sanctuary.
Renovated 4BR/3BA Palm Springs home with private pool, mountain views, and income potential. Turnkey condition, perfect for vacation rental or primary residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1489 E Francis Drive Subject | $749,000* List Price | 4 | 3 | 1,475 | $502 | - |
A 2190 N Paseo De Anza Sold | $720,000 | 4 | 2 | 1,717 | $419 | 0.4 mi |
B 1591 Olga Way Sold | $780,000 | 4 | 2 | 1,597 | $488 | 0.5 mi |
C 1602 Olga Way Sold | $758,000 | 4 | 2 | 1,597 | $475 | 0.4 mi |
D 1533 Lorena Sold | $630,000 | 3 | 2 | 1,438 | $438 | 0.4 mi |
E 2220 N Paseo De Anza Sold | $650,000 | 3 | 2 | 1,492 | $436 | 0.4 mi |
F 1351 E Gem Circle Sold | $675,000 | 3 | 2 | 1,258 | $537 | 0.2 mi |
G 1479 E Francis Drive Active | $799,000 List Price | 3 | 2 | 1,475 | $542 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1992 property has undergone a comprehensive recent renovation, placing it in mint condition. Key updates include a modern chef's kitchen with quartz countertops, fully remodeled spa-style bathrooms with contemporary fixtures, and new wide-plank flooring throughout. Crucially, major systems including the HVAC, roof, and pool equipment have been recently updated, and the home features a smart NEST climate system, requiring no immediate maintenance.
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 = 1475.
The south-facing backyard serves as a private oasis featuring a heated pebble-tech pool, built-in BBQ, and stunning San Jacinto mountain views, perfectly capturing the Palm Springs lifestyle.
The home is extensively updated with a chef’s kitchen, quartz countertops, and major system upgrades including the AC, roof, and pool equipment, ensuring a move-in-ready experience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At 1,475 square feet for a four-bedroom configuration, the individual room sizes and common living areas may feel compact or constrained compared to typical luxury retreats.
The conversion of the garage into living space reduces traditional covered parking and storage, which may be a drawback for buyers prioritizing vehicle protection and utility space.
Not available to be shown until after June 20! Welcome to this renovated 4BR/3BA Palm Springs retreat, the lifestyle buyers are searching for mountain views, and income potential! Set behind gates on an approximately 10,000 sq ft lot with stunning San Jacinto mountain views, this south-facing home blends modern comfort with resort-style living just minutes from Downtown Palm Springs. Designed for indoor-outdoor living, the open-concept layout features soaring vaulted ceilings, wide-plank flooring, abundant natural light, and expansive sliding doors opening to a private backyard oasis framed by mature hedging, perimeter walls, and lush desert landscaping. The spacious backyard is ideal for entertaining, featuring a heated pebble-tech pool with updated plaster and equipment, a built-in BBQ area, and an expansive covered patio perfect for lounging or outdoor dining while enjoying breathtaking mountain views. The chef’s kitchen combines style and functionality with top-of-the-line appliances, quartz countertops, and a large breakfast bar island that flows effortlessly into the living and dining areas. The primary suite serves as a peaceful retreat with direct pool access, vaulted ceilings, natural light, a spacious walk-in closet, and a updated spa-style bathroom with soaking tub and separate walk-in shower. The secondary bedrooms offer large closets, expansive windows, and views of the private desert-landscaped front yard, while sharing an updated resort-style bathroom with double vanity and oversized walk-in shower. A versatile fourth bedroom with ensuite bath and separate entrance offers flexibility as a guest suite, office, gym, bonus room, or potential separate rental space. Originally created from a portion of the garage, the garage door remains fully functional with automatic opener access, and the space can easily be converted back to a traditional garage by removing one temporary wall. Additional upgrades include updated AC systems, roof, and pool equipment, a smart NEST climate control system, and remote-operated pool controls for convenient management of the heater, lighting, and equipment. With potential eligibility for a City of Palm Springs short-term rental permit, this property presents an exceptional opportunity as a primary residence, vacation home, or investment property. Buyer to independently verify all information and permit eligibility. Call property manager for showing inquiries.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,475 | 1,920 | 25% |
| Lot Size | 7,405 | 9,583 | 33% |
| Price | $749.0K | $875.0K | 39% |
| Price per sq ft | $508 | $485 | 55% |
| Built year | 1992 | 1986 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 172 | 2% |
May 8, 2026
$749,000
Initial Listing
Jan 10, 2023
$850,000
Public Record
Sep 1, 2021
$750,000
Public Record
Dec 18, 2018
$485,000
Public Record
Jul 29, 2016
$370,000
Public Record
Sep 6, 2013
$359,000
Public Record
Jul 23, 2010
$225,000
Public Record