1605 Candela Court, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath

1605 Candela Court, Palm Springs, California 92264 home-pic-0

1605 Candela Court

Palm Springs, California 92264

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,295Sq Ft
Lot Size

Property Price

LIST PRICE$995,000
EST. MARKET VALUE
$1,032,280
3% BelowMARKET VALUE

SUMMARY

Analysis of 1605 Candela Court, Palm Springs, California 92264 reveals a Prime Investment Opportunity with a current list price of $995,000—significantly undercutting the $1,032,280 Fair Market Value by 3%. This valuation gap indicates a +$37,280 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

$1,032,280 +$37,280 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
1605 Candela Court
Subject
$995,000*
List Price
432,295$450-
A
2144 Marguerite Street
Sold
$830,000421,875$4430.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property was completed in 2023, making it brand new. The description highlights 'top-tier appliances,' 'custom tile work,' and 'professionally styled interiors,' all of which are confirmed by the images. The kitchen features modern white cabinetry, new stainless steel appliances, and a stylish backsplash. Bathrooms are equally modern with new vanities, fixtures, and walk-in showers. All components, including flooring, lighting, and systems (like owned solar panels), are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • New Construction & Modern Design

    Completed in 2023, this residence boasts contemporary architecture, intentional design, and high-end finishes, offering a move-in ready, modern living experience.

  • Exceptional Outdoor Living

    The property features a resort-caliber outdoor environment on an oversized lot, complete with a custom pool, raised spa with cascading waterfall, fire pit lounge, and game area, ideal for entertaining and relaxation.

  • Prime Location & Privacy

    Located in a highly desirable South Palm Springs enclave, it offers uninterrupted desert views with no direct neighbors behind or to the left, coupled with proximity to the city's best dining, hiking, and cultural offerings.

CONSRISKS & DEFICIENCIES

  • Ongoing Association Fees

    The property is subject to a monthly association fee of $355, which adds to the recurring cost of homeownership.

  • Short-Term Rental Permit Uncertainty

    While the community allows short-term rentals, buyers are encouraged to verify permit availability directly with the City of Palm Springs, which could present an administrative hurdle or uncertainty for investment purposes.

  • Lack of Specific Garage/Storage Details

    The detailed description focuses heavily on aesthetic and luxury features but omits specific information regarding garage capacity or dedicated storage solutions, which can be a practical consideration for many buyers.

About 1605 Candela Court

1605 Candela Court is a masterfully curated desert residence where architecture, privacy, and design converge in one of South Palm Springs' most coveted modern enclaves. Completed in 2023 and positioned in arguably the best location within Lumen, this 4-bedroom, 3-bathroom home offers rare scale, intentional design, and uninterrupted desert views with no direct neighbors behind or to the left. From the moment you enter, the home reveals soaring volumes and oversized proportions, with dramatic ceiling heights and an abundance of natural light that accentuates its clean, modern lines. The kitchen is a true centerpiece, grand in scale and unapologetically refined, featuring top-tier appliances, a statement island, custom tile work, and a chef-level pot filler that balances form and function. Designed for elevated desert living, the residence opens to a resort-caliber outdoor environment set on an oversized lot. A custom pool and raised spa create a striking focal point, with a cascading waterfall adding movement and atmosphere, while the expansive side yard is thoughtfully programmed with a fire pit lounge and game area, offering multiple moments for entertaining and retreat. Inside, the home feels distinctly bespoke. Every bedroom is adorned with custom designer wallpaper, and the interiors were professionally styled by Studio Abode Interiors, delivering a layered, cohesive aesthetic that feels intentional and refined. The home may be offered turnkey furnished, allowing for a seamless move into a fully realized Palm Springs lifestyle. Owned solar panels add efficiency and long-term value. Located in highly desirable South Palm Springs, Lumen is prized for its modern architecture, privacy, and proximity to the city's best dining, hiking, and cultural offerings. The Lumen community allows short-term rentals; buyers are encouraged to verify permit availability directly with the City of Palm Springs. Don't miss the opportunity to own a design-forward residence that works beautifully as a primary home or an elevated desert retreat.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2023
Lot Size
-

Interior

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

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$355.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
66%
Baths3.03.0
50%
Square foot2,2952,303.5
49%
Lot Size-10,236.5
3%
Price$995.0K$1.43M
27%
Price per sq ft$434$606
13%
Built year20231972
91%
HOA$355.0$0
89%
Days on market47163
6%

Pricing History

Listed for Sale

Jan 19, 2026

$995,000

Initial Listing

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