
Palm Springs, California 92264
This Architectural Masterpiece is a Prime Investment Opportunity, listed at $2,495,000—positioned well below the $2,570,886 Fair Market Value by 2%. This valuation gap offers $75,886 in Instant Equity. Featuring a Chef's Kitchen, Cascading Waterfall, and Golf Course Views, the home maintains a Mint Condition Rating. While school ratings are modest, the property’s unique pedigree and luxury amenities provide significant long-term value. This is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a high-end desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1650 E Murray Canyon Drive Subject | $2,495,000* List Price | 3 | 4 | 4,393 | $585 | - |
A 3295 Tiger Tail Lane Sold | $2,800,000 | 5 | 6 | 4,257 | $658 | 0.8 mi |
B 2462 S Toledo Avenue Sold | $1,925,000 | 3 | 3 | 2,923 | $659 | 1.0 mi |
C 2326 S Toledo Avenue Sold | $2,150,000 | 3 | 4 | 3,351 | $642 | 0.8 mi |
D 2015 S Toledo Avenue Sold | $1,875,000 | 3 | 3 | 2,762 | $679 | 0.6 mi |
E 2044 S Tulare Drive Sold | $1,950,000 | 3 | 4 | 3,120 | $625 | 0.7 mi |
F 1190 S Calle De Maria Active | $2,100,000 List Price | 4 | 4 | 3,470 | $605 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1978, this architectural property shows evidence of high-end, comprehensive renovations. The primary bathroom features contemporary floating vanities and a modern freestanding tub, while the kitchen is updated with granite countertops and stainless steel appliances. The overall condition is mint and move-in ready with modern systems and finishes throughout.
Historically known as 'The Waterfall House' and designed by celebrated architect James Cioffi, this property is a unique contemporary masterpiece offering significant aesthetic and historical value.
Situated directly on the 11th Tee of the Indian Canyon Golf Resort, the home provides exceptional unobstructed views of the fairways and the surrounding desert mountains.
The expansive 4,393 sq. ft. layout features a sunken living room, a massive bar, and a private courtyard with a cascading waterfall and putting green, ideal for high-end hosting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4393, other record living area = 3823. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1978, the home's custom architectural features and original systems may require specialized maintenance or modernization to meet current energy efficiency standards.
The local public schools are rated 4/10, which may be a drawback for luxury buyers with school-aged children prioritizing top-tier educational districts.
Welcome to 1650 E Murray Canyon Drive, historically known as The Waterfall House, a true contemporary architectural gem nestled within the coveted Indian Canyons neighborhood of South Palm Springs. This custom-designed home, built in 1978 by celebrated local architect James Cioffi, exudes timeless elegance and modern sophistication. Step through the private courtyard to behold the entrance's custom steelwork, introducing this striking home with its pool, cascading waterfall, spa, lounge seating area, and BBQ. The expansive open living areas seamlessly connect indoor and outdoor spaces, bathed in natural light from all directions. The interior structural lines beautifully complement the home's architectural imprint, creating a harmonious ambiance and optimal privacy. At 4,393 square feet, with three bedrooms including a luxurious en-suite primary and four bathrooms, this home is ideal for multi-generational living or entertaining guests. Dine al fresco under the covered back patio and enjoy sunsets over the 11th Tee of the North Course of the iconic Indian Canyon Golf Resort, a unique location surrounded by spectacular desert mountains. Key features include a putting green, floor-to-ceiling stone fireplace, two walk-in primary closets, a chef's kitchen with granite countertops and stainless steel appliances, a den, clerestory windows throughout, a sunken living room and immense bar, and a two-car plus golf cart garage, with golf courses, hiking trails, and horse stables nearby. This desert retreat offers the finest in Southern California living.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 3.3 mi
Grades K-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,393 | 2,076 |
| Lot Size | 13,068 | 10,454 |
| Price | $2.50M | $1.04M |
| Price per sq ft | $568 | $525 |
| Built year | 1978 | 1977 |
| HOA | $0 | $332 |
| Days on market | 2 | 75 |
Jul 20, 2026
$2,495,000
Initial Listing
Dec 5, 2014
$1,100,000
Public Record
Jun 3, 2011
$1,000,000
Public Record