1572 N Riverside Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
1572 N Riverside Drive
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1572 N Riverside Drive, Palm Springs, California 92264 reveals a Fairly Priced Property with a current list price of $1,075,000 aligned with the estimated $1,075,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1572 N Riverside Drive Subject | $1,075,000* List Price | 3 | 2 | 1,845 | $583 | - |
A 801 S Sunrise Way Sold | $1,050,000 | 3 | 2 | 1,864 | $563 | 0.1 mi |
B 250 E Sonora Road Sold | $1,130,000 | 3 | 2 | 1,580 | $715 | 0.9 mi |
C 1900 S Toledo Avenue Active | $1,365,000 List Price | 3 | 2 | 1,882 | $725 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1951, the property has undergone extensive recent renovations to meet modern contemporary standards. Key upgrades include a recently replaced 1.5-inch foam roof, fresh exterior paint, and a high-end kitchen featuring a commercial-style range. The interior is move-in ready with updated flooring and fixtures, while the exterior features a well-maintained saltwater pool, spa, and professional drought-tolerant landscaping, indicating no deferred maintenance.
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 = 10454, living area = 1845.
- Prime Location & Views
Situated in the highly desirable Tahquitz River Estates of South Palm Springs, this home offers iconic sweeping mountain views and excellent proximity to downtown dining and shopping.
- Resort-Style Outdoor Living
The private backyard is optimized for the desert lifestyle, featuring a saltwater pool and spa, drought-tolerant landscaping, and synthetic turf for low-maintenance entertaining.
CONSRISKS & DEFICIENCIES
- Lack of Covered Parking
The conversion of the one-car garage into flexible living space leaves the property without traditional covered parking, which may be a concern in the intense desert heat.
- Modest School Ratings
The assigned elementary and middle schools currently hold lower ratings (4/10), which could impact the property's appeal to families prioritizing top-tier educational districts.
About 1572 N Riverside Drive
This contemporary home in the desirable Tahquitz River Estates neighborhood of South Palm Springs features three bedrooms, two bathrooms, a saltwater pool and spa in a private backyard, and sweeping mountain views. The entry opens to a spacious living room with a gas fireplace, flowing into a kitchen equipped with a commercial-style range and generous storage and counter space. A den and dining area sit just beyond, completing a layout that's ideal for both everyday living and entertaining. A converted one-car garage houses the washer and dryer and provides flexible space for an office, gym, or storage. The roof has recently been upgraded with 1.5 inches of foam, and the exterior has been freshly painted. Drought-tolerant landscaping and synthetic turf complete the clean, low-maintenance outdoor setting. The home offers convenient access to Downtown Palm Springs, shopping, dining, and essential services.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 • 0.5 mi
Raymond Cree Middle School
Grades 6-8 • 2.4 mi
Desert Learning Academy
Grades K-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,845 | 2,303.5 | 30% |
| Lot Size | 10,454 | 10,454 | 50% |
| Price | $1.07M | $1.43M | 31% |
| Price per sq ft | $583 | $606 | 44% |
| Built year | 1951 | 1972 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 130 | 163 | 28% |
Pricing History
Listed for Sale
Oct 28, 2025
$1,075,000
Initial Listing