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1540 E Sierra Way, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 4 bath

1540 E Sierra Way, Palm Springs, California 92264 home-pic-0
ACTIVE$1,450,000$3,104/sqft
Est. Value: $1,500,272
3%
BelowEstimate
1540 E Sierra Way, Palm Springs, California 92264
4Beds
4Baths
3,104Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($1,500,272.1) is $50,272.1 (3%) higher than the list price ($1,450,000). This property may be underpriced.

Key pros and cons

Top Pros:
Architectural Significance & Customization Potential: This property is a celebrated Charles Du Bois Mid-Century design, offering a unique architectural canvas for discerning buyers to customize and modernize, maximizing investment potential.
Top Cons:
Significant Renovation Required: Described as 'largely original' and a 'canvas,' the property requires substantial investment and effort to completely customize and modernize the kitchen, bathrooms, and other areas to meet contemporary standards.

Compared to the nearby listings

Price:$1.45M vs avg $1.30M (+$150,000)54%
Size:3,104 sqft vs avg 2,199 sqft79%
Price/sqft:$467 vs avg $59827%

More Insights

Built in 1973 (53 years old).
Condition: Built in 1973, this property is described as 'largely original' and a 'canvas' for customization, indicating significant updates are needed despite recent paint and carpet. The kitchen features dated light wood cabinets, older granite countertops, and functional but not modern stainless steel appliances. Bathrooms show original or very dated vanities, fixtures, and tile work. While clean and well-maintained, the major components, especially the kitchen and bathrooms, are outdated in style and functionality, requiring substantial renovation to meet contemporary standards. The presence of solar panels is a positive update, but does not offset the need for interior modernization.
Year Built
1973
Close
-
List price
$1.45M
Original List price
$1.59M
Price/Sqft
$467
HOA
$950
Days on market
-
Sold On
-
MLS number
219140556DA
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

SELLER MOTIVATED! ICONIC Mid-Century Canvas Ready for Your Dream home in Canyon Estates!Welcome to 1540 E. Sierra Way, Palm Springs--a truly exceptional chance to own desert architectural history! This spacious executive home, a celebrated Charles Du Bois design is an absolute steal and has been aggressively priced.Located in the prestigious Canyon Estates, this property presents a canvas of opportunity in an enviable South Palm Springs location. The seller is motivated, which means you have the immediate chance to acquire a largely original home and customize it exactly to your personal taste, maximizing your investment potential.The signature celestial windows and the classic layout are waiting for your vision to bring them into the 21st century.The property is move-in ready, but the true value lies in the freedom to completely customize the modern kitchen, the two spacious primary suites (each with ensuite bath and dressing area), and two additional spacious bedrooms with a third shared bath. The private swimming pool is ideal for those essential poolside soirees, and the recent interior paint by Segovia's Custom Painting and new complementary colored carpet offers a clean start.This is the opportunity discerning buyers look for: acquiring an architectural home at an outstanding price - before - thoughtful remodel commands a much higher price.You're not just buying a home; you're buying a lifestyle investment in the Canyon Estates community. The HOA dues deliver value with access to: 15 pools & spas, a 9-hole executive golf course, tennis/pickleball courts, a fitness center, irrigation water, landscaping, & upgraded Spectrum cable & internet.Seize the opportunity, channel that Rat Pack glamour, and design your own perfect slice of Palm Springs paradise.Motivated Seller. - Outstanding Value - Unlimited Potential. Call & schedule your private showing today!

W
Wayne Barnard
Listing Agent

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•1.1mi
4/10
Raymond Cree Middle School
Public,•6-8•3.5mi
4/10
Desert Learning Academy
Public,•K-12•1.6mi
6/10
Palm Springs High School
Public,•9-12•1.9mi
Condition Rating
Fair
Built in 1973, this property is described as 'largely original' and a 'canvas' for customization, indicating significant updates are needed despite recent paint and carpet. The kitchen features dated light wood cabinets, older granite countertops, and functional but not modern stainless steel appliances. Bathrooms show original or very dated vanities, fixtures, and tile work. While clean and well-maintained, the major components, especially the kitchen and bathrooms, are outdated in style and functionality, requiring substantial renovation to meet contemporary standards. The presence of solar panels is a positive update, but does not offset the need for interior modernization.
Pros & Cons

Pros

Architectural Significance & Customization Potential: This property is a celebrated Charles Du Bois Mid-Century design, offering a unique architectural canvas for discerning buyers to customize and modernize, maximizing investment potential.
Prime Location & Extensive HOA Amenities: Located in the prestigious Canyon Estates in South Palm Springs, the property benefits from a desirable address and comprehensive HOA amenities including 15 pools/spas, a 9-hole executive golf course, tennis/pickleball courts, a fitness center, and included irrigation, landscaping, cable, and internet.
Motivated Seller & Outstanding Value: The seller is highly motivated, and the property is aggressively priced, presenting an exceptional opportunity to acquire an architectural home at a competitive price point before a thoughtful remodel significantly increases its market value.
Spacious Layout & Private Pool: An executive home featuring a classic layout with two spacious primary suites, two additional bedrooms, and a private swimming pool, ideal for entertaining and the Palm Springs lifestyle.
Desirable Mountain Views: The property offers attractive mountain views, enhancing its aesthetic appeal and contributing to the quintessential Palm Springs living experience.

Cons

Significant Renovation Required: Described as 'largely original' and a 'canvas,' the property requires substantial investment and effort to completely customize and modernize the kitchen, bathrooms, and other areas to meet contemporary standards.
High Monthly HOA Dues: The association fee of $950.0 per month is considerable and represents a significant ongoing cost that potential buyers must factor into their budget.
Age of Systems & Infrastructure: Built in 1973 and largely original, the property's major systems (e.g., HVAC, plumbing, electrical) may be outdated and could necessitate costly upgrades or replacements in the near future.
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