1560 S Beverly Drive, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath

1560 S Beverly Drive, Palm Springs, California 92264 home-pic-0

1560 S Beverly Drive

Palm Springs, California 92264

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
3Baths
2,250Sq Ft
11,761Lot Size

Property Price

LIST PRICE$1,450,000
EST. MARKET VALUE
$1,581,414
8% BelowMARKET VALUE

SUMMARY

Analysis of 1560 S Beverly Drive, Palm Springs, California 92264 reveals a Prime Investment Opportunity with a current list price of $1,450,000—significantly undercutting the $1,581,414 Fair Market Value by 8%. This valuation gap indicates a +$131,414 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,581,414 +$131,414 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1560 S Beverly Drive
Subject
$1,450,000*
List Price
432,250$703-
A
1525 Sonora Court
Sold
$1,689,000432,388$7070.3 mi
B
2994 Guadalupe Road
Sold
$1,385,000341,830$7570.0 mi
C
1566 S Farrell Drive
Sold
$1,585,000332,300$6890.4 mi
D
1590 S Calle Marcus
Sold
$1,790,000332,345$7630.9 mi
E
1911 Torchlight Lane
Sold
$1,415,000332,412$5870.4 mi
F
3534 Las Pampas Way
Sold
$1,280,000321,532$8360.2 mi
G
3200 E Sonora Road
Active
$1,685,000
List Price
432,517$6690.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1978, the property has been completely reimagined with a high-end, modern renovation within the last 5 years. It features premium Italian commercial-grade appliances, custom cabinetry, 36x36 porcelain tile flooring, and eco-smart Andersen windows. The property is in turnkey condition with all-new luxury finishes and updated systems, including the pool and spa equipment.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 11761, living area = 2250.

  • Modern Turnkey Renovation

    The property has been completely reimagined with high-end finishes, including eco-smart Andersen windows, Atvio bi-fold doors, and a designer kitchen with Italian appliances, offering a seamless indoor-outdoor luxury lifestyle.

  • Investment & Rental Potential

    With no HOA fees and a location that still allows for short-term vacation rental (STVR) permits below city cap limits, this home offers exceptional income-generating potential in a high-demand market.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2250, other record living area = 2195. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.

  • Market Availability

    The property is currently in 'Active Under Contract' status, indicating high competition and limited opportunity for new buyers to negotiate without a backup position.

  • Average School Ratings

    The assigned elementary and middle schools carry a rating of 4, which may be a drawback for families prioritizing top-tier public education performance.

About 1560 S Beverly Drive

Completely reimagined in the highly sought after Los Compadres neighborhood of South Palm Springs, this modern residence delivers clean architectural lines and seamless indoor-outdoor living. This refined desert retreat features black eco-smart Andersen windows and expansive Atvio bi fold doors which open to a private resort style backyard featuring a resurfaced pool and spa, new eco-smart equipment, outdoor shower, 60'' stone fire pit, LED lighting and stunning mountain views of Mt San Jacinto. Inside, 36 x 36 porcelain tile flooring creates a cohesive, contemporary feel throughout. The designer kitchen offers custom built wood cabinetry from LA, Perla white countertops and Italian eco-friendly commercial grade appliances, complemented by recessed LED lighting and matte black hardware. The spacious primary suite features 12-foot ceilings, a sitting area with fireplace and direct access to the resort style backyard, along with a luxurious bath anchored by a 65-inch-deep stone soaking tub. A secondary primary suite with private entrance and en-suite bath provides ideal flexibility for guests or multigenerational living. Thoughtfully updated and turnkey, this is refined Palm Springs living designed for comfort, style and entertaining. Los Compadres was built with underground utilities so there are no power lines and is one of the few neighborhoods with sidewalks for strolling & wide bike paths away from traffic. Close in proximity to the new 120 acre Prescott Preserve, 40 mile CV Bike & Walk link, shopping, nightlife, and restaurants. No HOA fees and Great short term rental opportunity as the city still allows STVR in the neighborhood, well below the cap limits. This home presents an exceptional opportunity for full-time living, a weekend escape, or a refined desert retreat. This is a must-see! Schedule your private tour today!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1978
Lot Size
11,761 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Cahuilla Elementary School

Grades K-5 • 1.5 mi

4/10

Raymond Cree Middle School

Grades 6-8 • 3.2 mi

4/10

Desert Learning Academy

Grades K-12 • 1.0 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
66%
Baths3.03.0
50%
Square foot2,2502,303.5
45%
Lot Size11,76110,454
70%
Price$1.45M$1.44M
50%
Price per sq ft$644$608
60%
Built year19781972
60%
HOA$0$0
50%
Days on market16163
1%

Pricing History

Listed for Sale

Feb 19, 2026

$1,450,000

Initial Listing

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