1572 N Riverside Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
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Palm Springs, California 92264
This Renovated Desert Modern Residence is a Strong Value Opportunity, listed at $1,025,000—positioned well below the $1,093,613 Fair Market Value by 6%. This valuation gap provides $68,613 in Instant Equity. Boasting a High-End Renovation Condition, the home features a Chef’s Kitchen, Saltwater Pool and Spa, and panoramic Mountain Views. Located in the premier Tahquitz River Estates near the CV Link, it offers a turnkey lifestyle with updated systems. This is an exceptional acquisition for Owner-Occupants or Lifestyle Investors seeking immediate value in South Palm Springs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1572 N Riverside Drive Subject | $1,025,000* List Price | 3 | 2 | 1,845 | $593 | - |
A 1450 S Via Soledad Sold | $1,300,000 | 3 | 3 | 1,975 | $658 | 0.9 mi |
B 2964 E Orella Circle Sold | $1,215,000 | 3 | 3 | 1,772 | $686 | 1.0 mi |
C 2997 E Alta Loma Drive Sold | $1,320,000 | 3 | 3 | 2,045 | $645 | 1.0 mi |
D 801 S Sunrise Way Sold | $1,050,000 | 3 | 2 | 1,864 | $563 | 0.1 mi |
E 1518 S La Brea Road Sold | $850,000 | 3 | 2 | 1,560 | $545 | 1.0 mi |
F 1592 S Compadre Road Sold | $792,000 | 2 | 2 | 1,644 | $482 | 1.0 mi |
G 1450 E Mesquite Avenue Active | $1,140,000 List Price | 3 | 2 | 1,816 | $628 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1951, the property shows evidence of a high-end, comprehensive renovation within the last 5 years. The kitchen is modernized with a chef's range and large island, bathrooms feature contemporary floating vanities and designer tile, and critical systems have been updated including a newly refurbished foam roof and individual mini-split HVAC units.
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.
The property features a private saltwater pool and spa set against stunning mountain views, complemented by professional drought-tolerant landscaping for a quintessential desert lifestyle.
Significant updates including a newly refurbished foam roof, fresh exterior paint, and individual mini-split systems in all bedrooms provide immediate value and enhanced climate control.
The original one-car garage has been converted into a laundry/bonus room, leaving the property without a dedicated garage unless the space is reverted.
The assigned elementary and middle schools carry a rating of 4, which may be a drawback for families prioritizing high-performing academic districts.
This home in the desirable Tahquitz River Estates neighborhood of South Palm Springs offers comfortable indoor-outdoor living with three bedrooms and two baths. Enter into a welcoming living room with a gas fireplace, flowing into a spacious kitchen featuring an island, counter dining, abundant storage, and a six-burner chef's range. Just beyond is a flexible laundry/bonus room that was formerly a one-car garage and could easily be converted back. A den and dining area overlook the pool and outdoor entertaining spaces, creating an easy flow for everyday living or hosting guests. All three bedrooms feature individual mini-split systems for personalized comfort, and the primary suite includes an en suite bath. Outside, enjoy a saltwater pool, spa, drought-tolerant landscaping, and beautiful mountain views. The property features a newly refurbished foam roof and fresh exterior paint, offering a crisp, updated look. Located directly across from the CV Link biking and walking pathway, and just minutes from shopping, dining, and central Palm Springs, this home offers the best of the desert lifestyle.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.4 mi
Grades K-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,845 | 2,307 | 27% |
| Lot Size | 10,454 | 10,019 | 52% |
| Price | $1.02M | $1.42M | 29% |
| Price per sq ft | $556 | $623 | 38% |
| Built year | 1951 | 1976 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 144 | 2% |
May 6, 2026
$1,025,000
Initial Listing
Jul 1, 2019
$580,000
Public Record
Apr 1, 2014
$400,000
Public Record
Nov 7, 2011
$290,000
Public Record