2070 E Park Drive, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 6 bath

2070 E Park Drive, Palm Springs, California 92262 home-pic-0

2070 E Park Drive

Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
5Beds
6Baths
2,517Sq Ft
9,583Lot Size

Property Price

LIST PRICE$2,495,000
EST. MARKET VALUE
$2,341,259
6% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$2,341,259
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2070 E Park Drive
Subject
$2,495,000*
List Price
562,517$930-
A
2014 E Park Drive
Sold
$2,300,000562,490$9240.0 mi
B
1047 Hunter Drive
Sold
$1,925,000332,403$8010.7 mi
C
473 N Burton Way
Active
$2,499,999
List Price
553,437$7270.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2015, this property falls within the 10-year window for an excellent rating and features high-end modern construction. The interior boasts premium finishes including polished concrete floors, Fleetwood sliding doors, and a chef's kitchen with dual Caesarstone quartz islands and brand-new stainless steel appliances. With five en-suite bathrooms, advanced smart-home integration (Tesla charger, tablet command center, Nest HVAC), and a pristine resort-style saltwater pool, the property shows no signs of deferred maintenance and meets the highest quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • High-Yield Investment Potential

    With five ensuite bedrooms and a location currently below the Palm Springs short-term rental permit cap, this property is a rare, turnkey asset optimized for maximum rental income and DSCR-loan eligibility.

  • Modern Luxury Construction

    Built in 2015, the home avoids the maintenance issues of older desert properties while offering high-end architectural features like Fleetwood doors, polished concrete floors, and a comprehensive smart-home command center.

  • Exceptional Outdoor Resort Amenities

    The private backyard features a 42-foot saltwater pool with a waterfall, dual Baja shelves, and unobstructed mountain views, creating a premium guest experience that commands higher nightly rates.

CONSRISKS & DEFICIENCIES

  • Premium Price per Square Foot

    Listed at approximately $991 per square foot, the property sits at a high valuation for the area, requiring consistent high-occupancy performance to justify the initial investment.

  • Compact Lot Utilization

    Fitting five bedrooms and extensive pool features onto a sub-10,000 square foot lot results in a high-density layout with limited traditional green space or yard area.

About 2070 E Park Drive

A RARE 5 ENSUITE BEDROOM RENTAL INVESTMENT OPPORTUNITY, 2070 Park Drive isn't just a solid income property it's a tax planning engine. Between accelerated depreciation, cost segregation potential, and suitability as a 1031 exchange replacement, sophisticated buyers can materially reduce taxable income while accruing real cash flow. Built in 2015, this mid-century inspired architectural estate is set on a gated corner lot with unobstructed Mt. San Jacinto views, delivering an exceptional blend of privacy, sophistication, & true resort-style living. Inside, polished concrete floors, soaring ceilings, and walls of Fleetwood sliding doors create a seamless indoor-outdoor flow. The expansive great room is ideal for entertaining and is anchored by a chef's kitchen featuring dual Caesarstone quartz islands, stainless steel appliances, a built-in 44-bottle wine refrigerator, and a brand-new refrigerator with an integrated auto-filling filtered water pitcher and dual gourmet ice makers. A custom kitchen island includes instant hot water and filtered cold-water faucets. The living room's beamed ceiling frames views of the quintessential mid-century breeze-block wall. All five spacious bedrooms offer private en-suite bathrooms & direct outdoor access. An attached casita-style suite with kitchenette, split A/C system, & private entrance is ideal for guests, multi-generational living, and is highly desirable for short-term rental use. Outdoors, enjoy your own private desert resort featuring a 42-foot saltwater pool with dual Baja shelves, spa, six-foot waterfall, fire pit, & multiple lounge and dining areas, all surrounded by lush desert landscaping. The property is fully enclosed by block walls with mature ficus hedges, providing exceptional privacy and sound buffering. Smart, upgraded, & energy-efficient features include double-paned windows, Nest-controlled three-zone HVAC, a Fibertite roof system, Sonos sound system, two tankless water heaters, Tesla charger, and a 10-inch tablet command center with voice control, offering one-touch scenes for lighting, music, pool/spa, and exterior ambiance. Located in one of the nation's most lucrative short-term rental markets per AirDNA, this property is DSCR-loan eligible with no personal income verification required. Fee-simple land you own it. The neighborhood remains well below the STR permit cap, making this an exceptional investment opportunity, luxury desert retreat, or both.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2015
Lot Size
9,583 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
6 (6 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
95%
Baths6.03.0
97%
Square foot2,5171,964
73%
Lot Size9,5839,583
50%
Price$2.50M$900.0K
95%
Price per sq ft$991$478
95%
Built year20151989
78%
HOA$0$0
50%
Days on market47179
3%

Pricing History

Listed for Sale

Jan 19, 2026

$2,495,000

Initial Listing

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