2150 N Farrell Drive, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 5 bath
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Palm Springs, California 92262
This Luxury Dual-Residence Compound is listed at $1,699,900, representing a stable acquisition at its $1,699,900 Fair Market Value. Boasting an Excellent Condition Rating following extensive 2013 renovations, the property features two modern homes, two sparkling pools, and panoramic mountain views on a sprawling half-acre lot. The inclusion of a city-issued Home-Share license provides a strategic path for passive income to offset mortgage costs. Located near top-rated schools like Katherine Finchy Elementary, this turnkey oasis is ideal for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2150 N Farrell Drive Subject | $1,699,900* List Price | 5 | 5 | 2,550 | $667 | - |
A 3111 E San Juan Road Active | $1,849,000 List Price | 3 | 4 | 2,656 | $696 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property, built in 2013, has undergone 'all new renovations' as explicitly stated in the description. The images confirm a complete and extensive modern update, showcasing virtually new components throughout. The kitchens feature contemporary white shaker cabinets, quartz countertops with matching backsplashes, and new stainless steel appliances. Bathrooms boast modern vanities, backlit mirrors, and glass-enclosed showers with high-end tile work. Flooring is consistent, clean, and modern. The overall aesthetic is fresh, high-quality, and meets current design standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently renovated property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 2550.
The property includes a guest home with a city-issued Home-Share license, allowing unlimited rentals to generate passive income and potentially cover mortgage costs.
Features an 'unbelievable yard' on over half an acre, two sparkling pools, awe-inspiring landscaped grounds, and stunning mountain views, ideal for relaxation and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2550, other record living area = 1558. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The sprawling half-acre lot with extensive landscaping and two pools will likely incur significant ongoing maintenance costs and time commitment for upkeep.
While 'all new renovations' are mentioned, the description lacks specific details on interior finishes, appliances, or smart home features, which buyers at this price point often seek.
Welcome to an unparalleled oasis of luxury and comfort just 5 minutes away from the bustling downtown Palm Springs Arts District. Situated on a sprawling lot over half an acre, this stunning compound property boasts of two homes, each offering unmatched opulence and style with all new renovations. The first house is a spacious 3 bedroom, 2 bath abode, while the second is a cozy 2 bedroom, 1 bath dwelling. This compound is perfect for the buyer that would love to utilize the main home as their primary residence and can rent out the guest home unlimited times out of the year to earn passive income to cover the mortgage with the Home-Share license issued by the city. This remarkable compound provides a perfect retreat for families, groups or anyone wanting to experience the good life in Palm Springs. Designed with a fine eye for detail, every inch of this majestic property is geared towards providing the ultimate in relaxation and entertainment. This home has an unbelievable yard which will be the envy of all and possibly the best in the city or anywhere for that matter.Step outside to discover an outdoor oasis that will leave you breathless. This property features not one, but two sparkling pools that beckon you to take a dip and cool off in the desert heat. Awe-inspiring landscaped grounds dotted with palm trees and lush vegetation are accentuated by stunning mountain views that set the perfect backdrop for your leisure time.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 5.0 | 2.0 | 93% |
| Square foot | 2,550 | 1,914 | 78% |
| Lot Size | 20,909 | 9,583 | 97% |
| Price | $1.70M | $875.0K | 86% |
| Price per sq ft | $667 | $483 | 79% |
| Built year | 2013 | 1987 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 184 | 19% |
Jan 12, 2026
$1,699,900
Initial Listing
Mar 17, 2022
$1,000,000
Public Record