
Palm Springs, California 92264
This Luxury Desert Residence is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,532,390 Fair Market Value by 2%. This valuation gap offers $37,390 in Instant Equity for buyers. Boasting an Excellent Condition Rating, this 2022-built home features 18-foot vaulted ceilings, a chef’s kitchen with Thermador appliances, and a solar-heated pool with dramatic mountain views. Located in the walkable Elan community with owned solar and EV charging, this turnkey sanctuary is ideal for Luxury Homebuyers or Seasonal Residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 190 Obsidian Loop Subject | $1,450,000* List Price | 3 | 4 | 2,280 | $656 | - |
A 344 Goleta Way Sold | $1,110,000 | 2 | 3 | 1,538 | $722 | 0.5 mi |
B 1135 Iris Lane Sold | $1,200,000 | 2 | 3 | 1,773 | $677 | 0.5 mi |
C 1230 Surrey Lane Sold | $1,154,000 | 2 | 3 | 1,896 | $609 | 0.5 mi |
D 143 Obsidian Loop N Active | $1,697,000 List Price | 3 | 4 | 2,466 | $688 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2022, making it virtually new and well within the 10-year threshold for an excellent rating. It features high-end modern finishes including a chef's kitchen with Thermador appliances and a waterfall-edge quartz island, luxury bathrooms with illuminated mirrors, and contemporary systems such as owned solar, EV charging, and smart home automation. The architectural design with 18-foot ceilings and clerestory windows reflects current premium quality standards with no deferred maintenance.
Built in 2022, this home features owned solar, EV charging, and smart home automation, offering significant utility savings and a turnkey, contemporary lifestyle.
The property boasts 18-foot vaulted ceilings, clerestory windows for natural light, and seamless indoor-outdoor flow to a solar-heated pool with dramatic mountain views.
Situated on fee simple land within walking distance to downtown Palm Springs, the home offers a rare combination of ownership security and urban convenience.
At under 4,800 square feet, the lot is relatively compact, which may limit outdoor privacy and space for buyers seeking a more expansive private estate.
Located in the Elan boutique development, the proximity to neighboring homes and the presence of an HOA may not appeal to buyers prioritizing total seclusion.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 2,280 | 2,268 | 51% |
| Lot Size | 4,792 | 10,019 | 14% |
| Price | $1.45M | $1.35M | 55% |
| Price per sq ft | $636 | $609 | 56% |
| Built year | 2022 | 1976 | 91% |
| HOA | $240.0 | $0 | 76% |
| Days on market | 76 | 159 | 14% |
Mar 13, 2026
$1,450,000
$1,495,000
-3% Price Drop
Initial Listing
Feb 6, 2026
$1,495,000
Initial Listing
Aug 30, 2023
$1,240,500
Public Record