1550 E Mesquite Avenue, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath

1550 E Mesquite Avenue, Palm Springs, California 92264 home-pic-0
ACTIVE$1,695,000
1550 E Mesquite Avenue, Palm Springs, California 92264
3Beds
3Baths
2,062Sqft
10,890Lot

Price Vs. Estimate

The estimated value ($1,592,199.86) is $102,800.14 (6%) lower than the list price ($1,695,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location & Neighborhood: Situated in the highly sought-after Tahquitz River Estates, known for its mid-century architecture and prime South End Palm Springs location, offering excellent community appeal.
Top Cons:
Age of Systems: Built in 1948, the property may have original or older major systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades, as no recent comprehensive updates are explicitly mentioned.

Compared to the nearby listings

Price:$1.70M vs avg $1.28M (+$413,000)72%
Size:2,062 sqft vs avg 2,172.5 sqft44%
Price/sqft:$822 vs avg $59786%

More Insights

Built in 1948 (77 years old).
Condition: Built in 1948, this property is described as a 'mid-century Trousdale gem,' suggesting significant preservation and likely tasteful updates. The provided image showcases a meticulously maintained exterior, pool, and patio area, indicating a high level of care and investment. While interior details, especially for the kitchen and bathrooms, are not visible, the overall presentation and high list price strongly imply that the home is move-in ready with updated features, consistent with a property that has undergone renovations within the last 5-15 years to maintain its appeal and functionality.
Year Built
1948
Close
-
List price
$1.7M
Original List price
$1.75M
Price/Sqft
$822
HOA
-
Days on market
-
Sold On
-
MLS number
25510027PS
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Located in the Tahquitz River Estates neighborhood of Palm Springs, a mid century Trousdale gem. Walled, gated and private, this property offers 3 bedrooms 3 bathrooms, den, with approximately 2000 square feet of living space, situated on a 10,018 square foot lot.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-82.5mi
4/10
Desert Learning Academy
Public,K-120.7mi
6/10
Palm Springs High School
Public,9-121.0mi
Condition Rating
Good

Built in 1948, this property is described as a 'mid-century Trousdale gem,' suggesting significant preservation and likely tasteful updates. The provided image showcases a meticulously maintained exterior, pool, and patio area, indicating a high level of care and investment. While interior details, especially for the kitchen and bathrooms, are not visible, the overall presentation and high list price strongly imply that the home is move-in ready with updated features, consistent with a property that has undergone renovations within the last 5-15 years to maintain its appeal and functionality.
Pros & Cons

Pros

Desirable Location & Neighborhood: Situated in the highly sought-after Tahquitz River Estates, known for its mid-century architecture and prime South End Palm Springs location, offering excellent community appeal.
Iconic Mid-Century Architecture: A true 'Trousdale gem' from 1948, this property embodies the classic mid-century modern aesthetic highly prized and sought after in Palm Springs.
Enhanced Privacy & Security: The property is walled, gated, and private, providing an exclusive and secure living environment, a significant advantage in a residential setting.
Scenic Mountain Views: Enjoy picturesque mountain views, adding to the property's aesthetic appeal, tranquility, and overall value.
Functional Layout & Generous Lot: Features a practical 3-bedroom, 3-bathroom layout with a den, encompassing 2062 sqft of living space on a substantial 10,890 sqft lot, offering ample space for living and entertaining.

Cons

Age of Systems: Built in 1948, the property may have original or older major systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades, as no recent comprehensive updates are explicitly mentioned.
Potential for Modernization Investment: While a mid-century gem, the description does not detail recent comprehensive renovations, suggesting potential buyers might need to budget for modernizing certain aspects to meet contemporary tastes or efficiency standards.
Recent Price Adjustment: The property has undergone a recent price reduction from its original list price, which, while offering a better value, could indicate initial overpricing or a longer time on market.

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