1635 Palm Tree Drive, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 4 bath
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Palm Springs, California 92264
This Iconic Mid-Century Modern Estate is a Strong Value Opportunity, listed at $2,225,000—positioned well below the $2,367,629 Fair Market Value by 6%. This valuation gap offers $142,629 in Instant Equity. Boasting a Condition Rating of 2, the 3,743 sq. ft. residence in the prestigious Deepwell enclave features authentic post-and-beam architecture, a private pool and spa, and unobstructed mountain views. Meticulously refurbished with period-correct finishes, it offers a turnkey luxury lifestyle. This is an exceptional acquisition for Owner-Occupants or Luxury Vacation Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1635 Palm Tree Drive Subject | $2,225,000* List Price | 4 | 4 | 3,743 | $633 | - |
A 760 E Sonora Road Sold | $1,942,500 | 4 | 4 | 2,801 | $694 | 0.5 mi |
B 2326 S Toledo Avenue Sold | $2,150,000 | 3 | 4 | 3,351 | $642 | 0.9 mi |
C 2044 S Tulare Drive Sold | $1,950,000 | 3 | 4 | 3,120 | $625 | 0.5 mi |
D 1440 E Maricopa Drive Sold | $2,006,000 | 3 | 3 | 3,019 | $664 | 0.5 mi |
E 2684 Anza Trail Sold | $2,085,000 | 4 | 4 | 2,978 | $700 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1956, this Mid-Century Modern estate has been newly and extensively refurbished to a high luxury standard. The property features pristine post-and-beam construction, tongue-and-groove ceilings, and updated systems. The kitchen and four ensuite bathrooms have been meticulously restored or updated to blend period-authentic aesthetics with modern functionality, including high-end designer fixtures and finishes. The home shows no signs of deferred maintenance and effectively functions as a recently renovated property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 3743.
This 1956 residence epitomizes Mid-Century Modern design with post-and-beam construction, tongue-and-groove ceilings, and expansive walls of glass that showcase stunning pool and mountain views.
Situated in the highly sought-after Deepwell enclave, the property offers a private, wind-sheltered environment known for its celebrity history, elegant estates, and proximity to Palm Springs amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3743, other record living area = 3357.
The property was recently sold within the past year on 2025-12-04. The sold price is $1,500,000.00.
The assigned public schools for this address carry modest ratings (ranging from 4 to 6), which may be a consideration for families prioritizing top-tier educational districts.
Smashing! Mid Century at its finest. Huge (3743 square foot) amazing home. Built in 1956, it features the most quintessential elements of Mid Century Modern Architecture; post and beam construction, tongue and groove ceilings, NEW DUAL PANE WINDOWS AND SLIDERS WITH ALUMNIUM FRAMS, creating "walls of glass" allowing pool and mountain views, 4 beds, 4 ensuite baths, kitchen, living room, fireplace, dining room, bar, office, breakfast room. Newly and beautifully refurbished. The seller has made every attempt to retain as much of the original features as possible e.g. original bathroom tile and sourcing period Kohler low boy toilets from the 1960s. Home is located in Deepwell one of the most desired areas in all of Palm Springs. Deepwell, a private, non windy enclave, close to all amenities without the hustle and bustle. It has long been the home to celebrities and movie stars and generally features elegant homes with manicured lawns on large lots. Property is huge and perfect as single family home, can be used for family gatherings, parties and can also be rented short or long term. Similar size house in the area earned over $100,000 in rental income in 2025. There are still permits available as of this writing but check with city of Palm Springs for current status re short term permits. This lovely residence is alleged to be the former home of a Radio City Rockette built for her by a generous indulgent boyfriend. The perfect place for the new owner to kick up his/her heels! Property is exquisitely furnished and decorated featuring classic modern furnishings and artwork with pieces by Jonathan Adler, Kartell, Milo Baughman, Jens Rison, Ernst Moeckle, Gitzberg, Gruen, Howard, Reggiani, Miro, Sciolari, Murano, Risley and Tretchikoff.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.9 mi
Grades K-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 3,743 | 2,268 | 91% |
| Lot Size | 15,246 | 10,019 | 87% |
| Price | $2.23M | $1.35M | 83% |
| Price per sq ft | $594 | $608 | 45% |
| Built year | 1956 | 1976 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 158 | 2% |
Mar 13, 2026
$2,225,000
Initial Listing
Dec 4, 2025
$1,500,000
Public Record
Jun 5, 2009
$660,000
Public Record
Nov 10, 2005
$825,000
Public Record