
Palm Springs, California 92264
This Spanish-inspired residence represents a Strong Value Opportunity, listed at $2,075,000—positioned well below the $2,145,280 Fair Market Value by 3%. This valuation gap offers $70,280 in Instant Equity for the discerning buyer. Featuring a Good Condition Rating, the home offers a resort-style lifestyle with a private pool, spa, and panoramic mountain views. Its prime location in The Mesa provides architectural prestige, making this an ideal acquisition for Owner-Occupants seeking a luxury desert sanctuary or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1998 S Mesa Drive Subject | $2,075,000* List Price | 4 | 4 | 3,278 | $654 | - |
A 240 W El Portal Sold | $2,125,000 | 4 | 4 | 3,300 | $644 | 0.2 mi |
B 2444 S Calle Palo Fierro Sold | $2,300,000 | 4 | 4 | 3,259 | $706 | 0.6 mi |
C 2358 S Alhambra Drive Sold | $2,389,000 | 4 | 3 | 3,477 | $687 | 0.7 mi |
D 290 W Lilliana Drive Sold | $2,399,000 | 5 | 6 | 3,870 | $620 | 0.1 mi |
E 2310 S Via Lazo Sold | $2,250,000 | 4 | 5 | 3,935 | $572 | 0.5 mi |
F 1635 Palm Tree Drive Active | $2,175,000 List Price | 4 | 4 | 3,743 | $581 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the property falls into the 'Good' category due to being 'thoughtfully refreshed' with an updated primary bathroom. The interior features well-maintained Saltillo tile, clean plaster walls, and functional systems, making it move-in ready despite the 20+ year age of the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 3278.
Situated in the iconic and highly sought-after Mesa neighborhood, this property offers a rare blend of privacy and hillside prestige at the base of Mt. San Jacinto.
The expansive 14,810 sqft lot features a private pool, spa, Talavera-tiled fireplace, and covered loggias, creating a premier indoor-outdoor entertaining experience.
The assigned elementary and middle schools carry a rating of 4/10, which may be a consideration for families prioritizing high-performing public school districts.
As a 2002 Spanish-inspired build, the property may lack the specific historical 'Mid-Century Modern' pedigree that many high-end Palm Springs investors and enthusiasts prioritize.
Set at the base of Mt. San Jacinto in The Mesa, one of South Palm Springs' most cherished hillside adjacent neighborhoods, this thoughtfully refreshed 4 bedroom, 3.5 bath Spanish-inspired residence delivers a private resort-style experience defined by architectural character, indoor/outdoor living, and panoramic mountain views. Positioned on a premier corner lot framed by mature landscaping and tall palms, the home offers multiple entertaining spaces and a beautifully curated desert lifestyle just minutes from downtown Palm Springs. A hidden front courtyard with Spanish stone fountain and covered loggia creates a memorable sense of arrival, while terra-cotta rooflines, arched windows, vaulted ceilings with exposed beams, Saltillo tile flooring, and crisp white plaster walls reinforce the home's timeless architectural identity. Inside, the formal entry opens to expansive living and dining areas anchored by a fireplace and framed by French doors and arched windows that showcase the surrounding mountains and courtyard gardens. The adjacent kitchen is thoughtfully designed for both everyday living and entertaining, offering generous prep space, casual dining, and easy access to the formal dining room and backyard. The Primary Suite serves as a peaceful retreat with direct access to the pool deck, mountain views, and a beautifully updated bath. Junior Ensuite Two enjoys private outdoor access and its own bath, while Bedrooms Three and Four are positioned near a hallway bath. Outdoor living truly defines the experience. A large pool and spa, covered loggia with exposed beams, Talavera-tiled outdoor fireplace, and multiple conversation areas create a setting equally suited for quiet mornings and evening entertaining beneath the mountains. A rare opportunity to enjoy privacy and resort-style living in one of Palm Springs' most iconic neighborhoods.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 3.5 mi
Grades K-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 3.0 | 61% |
| Square foot | 3,278 | 2,330 | 80% |
| Lot Size | 14,810 | 10,019 | 87% |
| Price | $2.08M | $1.42M | 78% |
| Price per sq ft | $633 | $625 | 52% |
| Built year | 2002 | 1976 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 144 | 1% |
May 12, 2026
$2,075,000
Initial Listing
Jul 3, 2003
$785,000
Public Record