1809 Marguerite Street, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
1809 Marguerite Street
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1809 Marguerite Street, Palm Springs, California 92264 reveals a Fairly Priced Property with a current list price of $849,999 aligned with the estimated $849,999 Fair Market Value. This represents a stable investment opportunity at market rate. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1809 Marguerite Street Subject | $849,999* List Price | 3 | 2 | 1,585 | $536 | - |
A 1811 Lawrence Street Sold | $725,000 | 3 | 2 | 1,193 | $608 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1959, this property has undergone an extensive and high-quality modern renovation, as explicitly stated in the description and clearly evident in the images. The kitchen features premium stainless steel appliances, quartz countertops, custom cabinetry, and modern lighting. Both bathrooms are spa-inspired with new vanities, vessel sinks, contemporary tiling, glass-enclosed showers with multi-jet systems, and modern fixtures. Flooring throughout is consistent, large-format tile, and all light fixtures and ceiling fans are updated. The presence of mini-split AC units in bedrooms and a central unit on the roof indicates updated cooling systems. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for an extensively renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1585.
- Short-Term Rental (STR) Permit Ready
The property holds an immediate Short-Term Rental permit, offering significant income potential and a competitive advantage in the Palm Springs vacation rental market.
- Extensive Modern Renovation
Thoughtfully curated with designer finishes, custom cabinetry, spa-inspired baths, and a gourmet chef's kitchen, providing a luxurious and move-in ready living experience.
CONSRISKS & DEFICIENCIES
- Multiple Price Reductions
The property has undergone several significant price adjustments, potentially signaling initial overpricing or challenges in attracting buyers at previous price points, which could raise buyer scrutiny.
- Original Construction Year (1959)
Despite modern updates, the home's 1959 build year may suggest underlying older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades not covered by cosmetic renovations.
- Undefined Subdivision
The 'Not Applicable-1' subdivision name might lack the established community appeal or specific amenities often associated with named Palm Springs neighborhoods, potentially impacting perceived value or future appreciation.
About 1809 Marguerite Street
No waiting list for a Short-Term Rental Permit! Ready for the the new owner to rent out immediately! Welcome to 1809 Marguerite Street, a modern desert retreat that captures the essence of Palm Springs luxury living. Tucked away on a quiet street, this residence blends sleek architecture with timeless design, offering a private sanctuary framed by breathtaking mountain views. Step inside to discover an open, light-filled floor plan with modern touches and seamless indoor-outdoor flow. Every detail has been thoughtfully curated--from designer finishes and custom cabinetry to spa-inspired baths and sophisticated lighting. The chef's kitchen is an entertainer's dream, perfectly appointed with premium appliances, quartz countertops, and a stylish island centerpiece. Outdoors, a resort-style setting awaits. Lounge poolside under swaying palms, gather around a firepit on cool desert evenings, or dine al fresco beneath the stars. Whether hosting intimate gatherings or simply unwinding in total privacy, this home offers the perfect backdrop for an elevated desert lifestyle. Located minutes from the vibrant energy of downtown Palm Springs, world-class dining, shopping, and entertainment are all at your doorstep--yet the property retains a sense of serenity and exclusivity that is truly rare. This is more than a home. It's a statement of style, sophistication, and Palm Springs living at its finest.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 11,761 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,585 | 2,303.5 | 21% |
| Lot Size | 11,761 | 10,454 | 70% |
| Price | $850.0K | $1.43M | 18% |
| Price per sq ft | $536 | $606 | 38% |
| Built year | 1959 | 1972 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 138 | 163 | 32% |
Pricing History
Listed for Sale
Jan 23, 2026
$849,999
$885,000
-4% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$885,000
$895,000
-1% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$895,000
$950,000
-6% Price Drop
Initial Listing
Price Change
Oct 20, 2025
$950,000
Initial Listing