2150 N Farrell Drive, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 5 bath
2150 N Farrell Drive
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 2150 N Farrell Drive, Palm Springs, California 92262 reveals a Fairly Priced Property with a current list price of $1,699,900 aligned with the estimated $1,685,443 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 | $661 | - |
A 2100 E Sahara Road Active | $1,685,000 List Price | 3 | 4 | 2,907 | $580 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Exceptional Income Potential
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.
- Luxurious Outdoor Oasis
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Maintenance Requirements
The sprawling half-acre lot with extensive landscaping and two pools will likely incur significant ongoing maintenance costs and time commitment for upkeep.
- Limited Interior Detail
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.
About 2150 N Farrell Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2013
- Lot Size
- 20,909 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 1.3 mi
Katherine Finchy Elementary School
Grades K-5 • 1.4 mi
Raymond Cree Middle School
Grades 6-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 2,550 | 1,964 | 75% |
| Lot Size | 20,909 | 9,583 | 98% |
| Price | $1.70M | $900.0K | 87% |
| Price per sq ft | $667 | $478 | 79% |
| Built year | 2013 | 1989 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 179 | 4% |
Pricing History
Listed for Sale
Jan 12, 2026
$1,699,900
Initial Listing
Sold
Mar 17, 2022
$1,000,000
Public Record