
Palm Springs, California 92262
This expanded mid-century residence represents a High-Potential Investment Opportunity, listed at a List Price of $995,000—positioned well below the $945,648 Fair Market Value by -5%. While the property requires cosmetic updates, its Condition Rating of 4 is bolstered by significant capital improvements, including fully owned solar and energy-efficient windows. The large 10,454 sq ft lot, private pool, and panoramic mountain views provide a strong foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1617 E Paseo El Mirador Subject | $995,000* List Price | 3 | 2 | 2,174 | $435 | - |
A 1111 E Tachevah Drive Sold | $1,000,000 | 4 | 2 | 1,919 | $521 | 0.4 mi |
B 1060 E Olive Way Sold | $1,170,000 | 3 | 3 | 2,331 | $502 | 0.4 mi |
C 695 N Monterey Road Sold | $975,000 | 4 | 3 | 2,542 | $384 | 0.7 mi |
D 1804 N Nogales Way Sold | $718,000 | 3 | 2 | 1,892 | $379 | 0.5 mi |
E 2030 E Acacia Road Sold | $722,000 | 3 | 3 | 1,939 | $372 | 0.8 mi |
F 1065 E San Jacinto Way Sold | $875,000 | 2 | 2 | 1,664 | $526 | 0.5 mi |
G 1450 Tamarisk Rd Active | $1,190,000 List Price | 3 | 3 | 2,165 | $550 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this property is well-maintained but dated. While it features significant system upgrades including owned solar, newer energy-efficient windows, and a modern HVAC condenser, the interior finishes—specifically the tile flooring and bathroom tiling—appear to be over 20 years old and require modernization.
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 = 2174.
The property features fully owned solar panels covering nearly 100% of power needs, paired with newer energy-efficient windows and doors, providing significant utility savings in the desert climate.
With over 2,100 square feet of living space, the home includes a large office that can easily serve as a fourth bedroom, offering flexibility for families or remote work.
The property has been active for 159 days, which may indicate a disconnect between the asking price and current market demand or property condition.
Described as having 'lots of potential' with a traditional galley kitchen, the home likely requires interior cosmetic updates to compete with fully renovated mid-century modern properties in the area.
Expanded Mid Century home with lots of potential on a large corner lot, Fenced and Gated, over 2,100 sq ft containing 3 bedrooms, 2 bathrooms and a large office that can easily be a 4th bedroom. Multiple Sliding doors across the rear of the living for access to the rear yard with pool. The entire exterior yard is low maintenance and water efficient. . The galley kitchen has a serving area to the living area, and access to the garage. The front of the house has panoramic mountain views and also 25'x9' RV parking that is easily expandable. Fully owned solar on the roof producing approx 99.9% of the power supply with newer energy efficient windows and sliding glass doors. Attached garage includes a large utility room,
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.5 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 | 48% |
| Square foot | 2,174 | 1,947.5 | 60% |
| Lot Size | 10,454 | 9,583 | 60% |
| Price | $995.0K | $890.0K | 57% |
| Price per sq ft | $458 | $487 | 42% |
| Built year | 1953 | 1986 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 173 | 180 | 48% |
Feb 4, 2026
$995,000
$1,050,000
-5% Price Drop
Initial Listing
Dec 16, 2025
$1,050,000
Initial Listing
Oct 10, 2003
$350,000
Public Record