1681 Ponderosa Way, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath
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Palm Springs, California 92264
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,350,000—positioned well below the $1,400,433 Fair Market Value by 3%. This valuation gap provides $50,433 in Instant Equity. Featuring a Fair Condition Rating with original 1998 finishes, the property offers significant upside for cosmetic modernization. With Fee Simple Land Ownership, a private pool and spa, and stunning mountain views, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in South Palm Springs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1681 Ponderosa Way Subject | $1,350,000* List Price | 4 | 3 | 2,721 | $515 | - |
A 1274 S Beverly Drive Sold | $1,050,000 | 3 | 3 | 2,045 | $513 | 0.4 mi |
B 1879 Torchlight Lane Sold | $1,285,000 | 2 | 3 | 2,268 | $567 | 0.5 mi |
C 1691 Ponderosa Way Active | $1,350,000 List Price | 3 | 3 | 2,783 | $485 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the Fair category based on age. While the home is exceptionally well-maintained and move-in ready, the kitchen features original cabinetry and finishes from the late 90s. One bathroom shows a modern tile renovation, but the overall systems and primary aesthetic are dated and will eventually require updates to meet modern standards.
The property features a private oasis with a sparkling pool, spa, outdoor kitchen, and stunning mountain views, perfectly suited for the Palm Springs lifestyle.
A significant advantage in the Palm Springs market, this property is located on land you own rather than a land lease, offering better financing options and long-term value.
The oversized primary suite offers a private sitting area and a luxurious five-piece bathroom, providing a high level of comfort and privacy within the 2,721 sqft layout.
The local elementary and middle schools carry a rating of 4, which may be a drawback for buyers specifically seeking top-rated educational districts.
Built in 1998, the home may require cosmetic or mechanical updates to align with the ultra-modern aesthetic and efficiency standards of newer luxury builds in the area.
Welcome to Park Escoba, a hidden gem neighborhood nestled in the quiet and highly desirable South Palm Springs area. This beautifully maintained home features soaring ceilings, an open-concept floor plan with an abundance of natural light throughout. Step into the inviting living room, complete with a cozy fireplace and expansive sliding doors that open seamlessly to your private backyard retreat. The spacious kitchen offers generous cabinet storage and a large breakfast bar perfect for morning coffee or casual dining. Flowing effortlessly into the dining and family room, the layout is ideal for entertaining friends and family. The oversized primary suite provides ample space for a private sitting area, while the luxurious primary bath features dual vanities, a walk-in shower, soaking tub, and an oversized walk-in closet. Three additional guest bedrooms are thoughtfully positioned throughout the home to maximize comfort and privacy. Outside, enjoy your own resort-style oasis featuring a sparkling pool and spa, covered patio, outdoor kitchen, and lush landscaping that creates a serene, Zen-inspired atmosphere. A three-car garage, stunning mountain views, and you own the land complete this exceptional Palm Springs property.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 3.4 mi
Grades K-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,721 | 2,330 | 70% |
| Lot Size | 10,019 | 10,019 | 50% |
| Price | $1.35M | $1.42M | 48% |
| Price per sq ft | $496 | $626 | 28% |
| Built year | 1998 | 1977 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 143 | 1% |
May 11, 2026
$1,350,000
Initial Listing
May 18, 2017
$780,000
Public Record
Jul 7, 1998
$27,500
Public Record