190 Obsidian Loop, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath
190 Obsidian Loop
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 190 Obsidian Loop, Palm Springs, California 92264 reveals a Prime Investment Opportunity with a current list price of $1,495,000—significantly undercutting the $1,549,668 Fair Market Value by 3%. This valuation gap indicates a +$54,668 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 190 Obsidian Loop Subject | $1,495,000* List Price | 3 | 4 | 2,280 | $680 | - |
A 1135 Iris Lane Sold | $1,200,000 | 2 | 3 | 1,773 | $677 | 0.5 mi |
B 344 Goleta Way Sold | $1,110,000 | 2 | 3 | 1,538 | $722 | 0.5 mi |
C 1230 Surrey Lane Sold | $1,154,000 | 2 | 3 | 1,896 | $609 | 0.5 mi |
D 252 E Ocotillo Ave. Sold | $1,540,000 | 5 | 4 | 2,286 | $674 | 0.4 mi |
E 795 Obsidian Loop W Active | $1,500,000 List Price | 3 | 4 | 2,280 | $658 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a 2022 new construction featuring high-end modern finishes, including a chef's kitchen with Thermador appliances and a waterfall quartz island. With its recent build date, owned solar, smart home technology, and pristine condition, it meets all criteria for the highest quality rating with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Energy Efficiency
Built in 2022 on fee simple land, the home features owned solar, EV charging, and a mini-split garage system, offering significant utility savings and modern sustainability.
- Architectural Volume
Dramatic 18-foot vaulted ceilings paired with clerestory windows maximize natural light and frame stunning mountain views, creating an expansive and airy living environment.
- Gourmet Chef's Kitchen
The high-end kitchen features premium Thermador appliances and an oversized waterfall quartz island that seats six, serving as a perfect centerpiece for entertaining.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 4,792 square feet, the lot is relatively small, meaning the outdoor space is almost entirely occupied by the pool and patio with minimal additional yard area.
- Community Density
Being part of a high-density boutique development means homes are positioned closely together, which may impact the sense of seclusion and acoustic privacy.
- HOA Restrictions
The presence of an HOA and a $240 monthly fee introduces community oversight and potential regulations that may limit certain owner freedoms compared to non-governed properties.
About 190 Obsidian Loop
Light, volume, and mountain drama take center stage in this striking modern retreat just moments from downtown Palm Springs. Built for the Palm Springs good life and designed to entertain, thoughtful design and attention to detail shine throughout this highly upgraded 3 bedroom, 3.5 bath home. New construction circa 2022 on fee simple land with owned solar offers approximately 2,280 square feet of single level modern desert architecture. Mountain views steal the show through a dramatic series of clerestory windows, flooding the main living areas with natural light. Eighteen foot vaulted ceilings, a smartly designed floor plan with excellent bedroom separation, and expansive multi slide glass doors create seamless indoor outdoor flow to the patio. The solar heated pool and spa with waterfall set the scene, while a sleek fireplace anchors the living room for cozy desert nights. The chef's kitchen brings the wow factor with Thermador appliances and an oversized waterfall edge quartz island seating six and made for gathering. The primary suite is a true retreat, framed by glass sliders opening directly to the pool and finished with a striking wood tile accent wall, while the light filled ensuite bath features dual vanities with illuminated mirrors, an oversized shower, and a generous walk in closet. Guest bedroom two is ensuite and enjoys its own private tiled patio with mountain views, and an attached casita with full bath overlooks the pool and offers direct access to the poolside sitting area, perfect for guests, a home office, or weekend visitors. Extras include a powder bath, utility room, direct access two car garage, exterior solar shades, automated window treatments, Alexa controlled dimmer switches, EV charging, a mini split system in the garage, and a side yard and garden with turf underfoot. Elan is a boutique community of modern homes featuring a community pool and spa, dog park, bocce court, and exceptional walkability to downtown Palm Springs dining, shopping, and nightlife. Easy, stylish, and unmistakably Palm Springs.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $240.0 / 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 | 4.0 | 3.0 | 54% |
| Square foot | 2,280 | 2,303.5 | 47% |
| Lot Size | 4,792 | 10,236.5 | 16% |
| Price | $1.50M | $1.44M | 54% |
| Price per sq ft | $656 | $608 | 60% |
| Built year | 2022 | 1972 | 91% |
| HOA | $240.0 | $0 | 80% |
| Days on market | 29 | 163 | 2% |
Pricing History
Listed for Sale
Feb 6, 2026
$1,495,000
Initial Listing
Sold
Aug 30, 2023
$1,240,500
Public Record