
Palm Springs, California 92264
This Mid-Century Golf Course Asset represents a High-Potential Investment Opportunity with a List Price of $469,000—positioned well below the $532,786 Fair Market Value by 11%. This valuation gap provides $63,786 in Instant Equity for buyers. While maintaining a Fair Condition Rating, the property offers significant upside through modernization and the potential to convert the carport into an ADU or triplex. The Prime Golf Course Location on the 15th tee box ensures permanent Mountain Views, making this a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1995 Lawrence Street Subject | $469,000* List Price | 4 | 2 | 1,200 | $444 | - |
A 1875 Lawrence Active | $474,900 List Price | 3 | 2 | 1,210 | $392 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1961 mid-century home is in livable condition but requires modernization to meet current market standards. While there are some updates, such as newer laminate flooring in bedrooms and some vinyl replacement windows, the overall aesthetic remains dated. The bathroom features a basic replacement vanity and older tile flooring, and the 1.5-bathroom count for a 4-bedroom home represents significant functional obsolescence. The property is explicitly marketed as a 'value-add' opportunity with 'potential to make it your own,' which aligns with the Fair condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1200.
Situated directly on the 15th tee box of the Tahquitz Creek Legends course, the property offers prestigious golf course frontage paired with breathtaking San Jacinto mountain views.
Listed at $469,000 with a renovated neighboring comparable selling for $760,000, this property presents a high-margin opportunity for value-add investors or custom renovators.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 1000. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The current configuration of four bedrooms with only 1.5 bathrooms is insufficient for modern standards and may require a costly layout redesign to accommodate families.
With four bedrooms squeezed into 1,200 square feet, the individual room sizes are likely very small, which could limit the home's appeal to buyers prioritizing spacious living areas.
Mid Century Home in South Palm Springs - This mid century home is located on the legendary Tahquitz Creek golf course with breathtaking San Jacinto mountain views! Large lot featuring: 4 bedrooms, 1.5 bathrooms and a living room/dining area. This home offers fantastic potential to make it your own. Large backyard on the Legends course, 15th tee box! Plenty of space to entertain unwind or add a pool. Driveway + 2 covered carport spaces. The property shares the same floorplan as the renovated home next door which sold at $760K highlighting the incredible upside and value opportunity here + for those seeking added potential, the carport could be converted into ADU or garage or even multiple units creating possibility of a triplex. This home represents one of the best deals in Palm Springs. Close to shopping retail, restaurants, Golf and the historical Palm Canyon Drive. Don't miss out on the chance to own a Palm Springs home with built in value and unlimited potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,200 | 2,266 | 7% |
| Lot Size | 7,841 | 10,019 | 29% |
| Price | $469.0K | $1.34M | 5% |
| Price per sq ft | $391 | $608 | 9% |
| Built year | 1961 | 1976 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 158 | 1% |
Apr 13, 2026
$469,000
Initial Listing
May 4, 2004
$137,000
Public Record
Mar 15, 2002
$86,500
Public Record
Mar 24, 2000
$31,000
Public Record