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1529 S Calle Palo Fierro, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath

1529 S Calle Palo Fierro, Palm Springs, California 92264 home-pic-0
ACTIVE$1,395,000$1,431/sqft
Est. Value: $1,335,258
-4%
AboveEstimate
1529 S Calle Palo Fierro, Palm Springs, California 92264
3Beds
2Baths
1,431Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($1,335,257.565) is $59,742.435 (4%) lower than the list price ($1,395,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Walkability: Situated in the highly desirable Tahquitz River Estates, offering excellent walkability to popular amenities like Bar Cecil, Koffi, and The Ace, while maintaining a private setting.
Top Cons:
Recent Significant Price Drop: The current list price of $1.395M represents a notable reduction from its $1.7M sale in 2022, which may prompt buyer scrutiny regarding market valuation or previous overpayment.

Compared to the nearby listings

Price:$1.40M vs avg $1.30M (+$95,000)53%
Size:1,431 sqft vs avg 2,189 sqft15%
Price/sqft:$975 vs avg $60097%

More Insights

Built in 1949 (77 years old).
Condition: Despite being built in 1949, the property has been 'fully renovated throughout' with 'modern kitchen and bathrooms,' as stated in the description and clearly visible in the images. The kitchen features contemporary cabinetry, stainless steel appliances, and a farmhouse sink. Bathrooms are updated with modern vanities, fixtures, and tiling. The home boasts new tile flooring, modern light fixtures, dual-zoned HVAC, owned solar, and EV charging, indicating all major components are new or virtually new and meet current quality standards. The updated pool and spa further support a recent, extensive renovation.
Year Built
1949
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$975
HOA
-
Days on market
-
Sold On
-
MLS number
219141624DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Welcome to Calle Palo Fierro... One of the most charming properties we've sold in Palm Springs! This updated 3/2 mid century (built in 1949) offers stunning wire-free views from its very lush, private and gated corner lot in tony Tahquitz River Estates. The home was fully renovated throughout with classic yet contemporary details: modern kitchen and bathrooms, tile floors, gorgeous tiled fireplace in living room with adjacent dining area, updated pool & spa, multiple patios and more. The walls of glass in the living area provide tons of light and the views of the mountains are amazing from resort-like outdoors with dining and lounge areas. The primary bedroom includes en-suite bath, custom California Closets, and a private patio. The two guest rooms share an updated hallway bath. This property has OWNED solar and EV charging installed, dual-zoned HVAC, and is being sold turn-key furnished, no exclusions. The property offers a single car garage with additional driveway parking for several cars. Tahquitz River Estates is *currently* eligible for a ''full'' short-term rental permit, but this is subject to change, please do your own due diligence prior to submitting an offer. This home is currently an active & successful vacation rental. We love this part of Tahquitz River Estates, it is perfectly situated; walkable to many goodies: Bar Cecil! Koffi! The Ace! El Mirasol! Yet tucked away and private... your own Shangri-La.

E
Elizabeth Coughlin
Listing Agent

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•0.4mi
4/10
Raymond Cree Middle School
Public,•6-8•2.8mi
4/10
Desert Learning Academy
Public,•K-12•1.4mi
6/10
Palm Springs High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
11/07/00
Sold
$240,000
05/14/99
Sold
$116,000
05/06/22
Sold
$1,700,000
04/08/13
Sold
$460,000
01/31/12
Sold
$210,000
Condition Rating
Excellent
Despite being built in 1949, the property has been 'fully renovated throughout' with 'modern kitchen and bathrooms,' as stated in the description and clearly visible in the images. The kitchen features contemporary cabinetry, stainless steel appliances, and a farmhouse sink. Bathrooms are updated with modern vanities, fixtures, and tiling. The home boasts new tile flooring, modern light fixtures, dual-zoned HVAC, owned solar, and EV charging, indicating all major components are new or virtually new and meet current quality standards. The updated pool and spa further support a recent, extensive renovation.
Pros & Cons

Pros

Prime Location & Walkability: Situated in the highly desirable Tahquitz River Estates, offering excellent walkability to popular amenities like Bar Cecil, Koffi, and The Ace, while maintaining a private setting.
Extensive Modern Renovation: The property has been fully renovated throughout, seamlessly blending its mid-century charm with contemporary details, including a modern kitchen, updated bathrooms, and quality finishes.
Exceptional Outdoor Living & Views: Features a resort-like updated pool and spa, multiple patios, and stunning wire-free mountain views, creating an ideal environment for relaxation and entertaining.
Proven Income Potential & Turn-Key: Currently an active and successful vacation rental, offered turn-key furnished with no exclusions, providing immediate income generation opportunities for investors.
Enhanced Energy Efficiency & Amenities: Equipped with owned solar, EV charging, and dual-zoned HVAC, contributing to lower operating costs and offering modern conveniences.

Cons

Recent Significant Price Drop: The current list price of $1.395M represents a notable reduction from its $1.7M sale in 2022, which may prompt buyer scrutiny regarding market valuation or previous overpayment.
Modest Square Footage: At 1431 sqft, the interior living space is relatively compact for its premium price point, potentially limiting appeal for buyers seeking larger homes.
Uncertainty of Short-Term Rental Permit: While currently eligible, the short-term rental permit status is explicitly stated as 'subject to change,' posing a potential risk for investors relying on this income stream.
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