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1489 E Francis Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath

1489 E Francis Drive, Palm Springs, California 92262 home-pic-0
ACTIVE$725,000
1489 E Francis Drive, Palm Springs, California 92262
3Beds
3Baths
1,475Sqft
7,405Lot
Year Built
1992
Close
-
List price
$725K
Original List price
$745K
Price/Sqft
$492
HOA
-
Days on market
-
Sold On
-
MLS number
25612353PS
Home ConditionGood
Features
Good View: Mountain(s), Pool
Pool
Patio
ViewMountain(s), Pool

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $725.0K(27th), sqft - 1475(21th), beds - 3(50th), baths - 3(50th).

SUN, STYLE, and mountain VIEWS! A walled and hedged contemporary in Quail Point with 3 bedrooms, 3 baths, and a south-facing pool that captures the best of Palm Springs. Set within Vista Norte with no HOA and land you own. Ultra private grounds with gorgeous views and San Jacinto working its magic. Investor friendly too, currently eligible for a SHORT TERM RENTAL permit from the City of Palm Springs. The open concept layout feels bright and modern with vaulted ceilings and sliders that open to a covered patio for easy indoor outdoor living. The primary suite has direct pool and patio access, and its updated bath with separate tub and shower really shines. Guest bath refreshed as well, vaulted ceilings continue through the bedrooms, and new wide plank flooring runs throughout. Energy saving NEST system, replastered pool, desert wise landscaping, built in BBQ, utility room, and attached two car garage with the third bath complete the picture. Take the Matterport virtual tour for a better sense of flow.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.6mi
4/10
Raymond Cree Middle School
Public,•6-8•0.8mi
6/10
Palm Springs High School
Public,•9-12•2.6mi
4/10
Desert Learning Academy
Public,•K-12•2.8mi

Price History

Date
Event
Price
12/08/25
Price Change
$725,000-2.7%
10/31/25
Listing
$745,000
01/10/23
Sold
$850,000
09/01/21
Sold
$750,000
12/18/18
Sold
$485,000
07/29/16
Sold
$370,000
09/06/13
Sold
$359,000
07/23/10
Sold
$225,000
Condition Rating
Good
Built in 1992, this property has undergone significant and recent renovations that elevate its condition well beyond its age. The description highlights 'new wide plank flooring throughout,' an 'updated bath with separate tub and shower that really shines,' and a 'refreshed guest bath.' Images confirm a fully modernized primary bathroom with contemporary vanity, gold fixtures, and marble-look tiling, and a kitchen with modern stainless steel appliances and updated countertops. The overall aesthetic is bright, clean, and move-in ready, with vaulted ceilings and modern light fixtures/ceiling fans. While not a brand-new build, the extensive updates, particularly in the key areas of kitchen and bathrooms, align perfectly with the 'Good' score criteria, indicating a well-maintained home with recent renovations that require no immediate work.
Pros & Cons

Pros

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 = 7405, living area = 1475.
Exceptional Mountain Views: The property boasts stunning mountain views, particularly of San Jacinto, enhancing its aesthetic appeal and overall value.
No HOA & Owned Land: A significant advantage, offering financial savings and greater autonomy compared to properties with Homeowners Associations and leased land.
Short-Term Rental Eligibility: Approved for short-term rentals by the City of Palm Springs, presenting a strong income-generating opportunity for investors.
Modern & Updated Interior: Features an open-concept layout, vaulted ceilings, new wide plank flooring, and recently refreshed bathrooms, providing a contemporary and move-in ready feel.
Private Outdoor Oasis with South-Facing Pool: Enjoys ultra-private, walled and hedged grounds with a desirable south-facing pool, covered patio, and built-in BBQ, ideal for indoor-outdoor living and entertaining.

Cons

Substantial Price Decrease from Previous Sale: The current list price of $725,000 is significantly lower than its last sale price of $850,000 in January 2023, which may raise questions about market conditions or property value.
Modest Square Footage: At 1475 sqft for a 3-bedroom, 3-bathroom home, the interior living space is relatively compact, which might not appeal to buyers seeking larger residences.
Recent Price Adjustment: The property has already undergone a price reduction from its original list price of $745,000 to $725,000, potentially indicating challenges in market absorption at higher price points.

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