221 N Farrell Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

221 N Farrell Drive
Palm Springs, California 92262
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 221 N Farrell Drive Subject | $1,350,000* List Price | 3 | 2 | 1,644 | $761 | - |
A 2227 Paseo Roseta Sold | $1,225,000 | 3 | 2 | 1,375 | $891 | 0.3 mi |
B 544 N Tercero Circle Sold | $1,095,000 | 3 | 2 | 1,541 | $711 | 0.6 mi |
C 460 N Orchid Tree Lane Sold | $1,320,000 | 3 | 2 | 1,904 | $693 | 0.3 mi |
D 791 N Calle Marcus Sold | $1,200,000 | 3 | 2 | 1,723 | $696 | 0.9 mi |
E 2835 E Plaimor Avenue Active | $1,175,000 List Price | 3 | 2 | 1,608 | $731 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This mid-century modern home has undergone extensive renovations within the last 5 years, including a remodeled kitchen and updated bathrooms. Major high-cost systems such as the roof, HVAC, solar panels, and pool equipment were replaced within the past 1 to 3 years, ensuring the property meets current quality standards with no deferred maintenance.
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 = 10454, living area = 1644.
- Iconic Mid-Century Architecture
Designed by Palmer & Krisel, this authentic Alexander home features signature vaulted tongue-and-groove ceilings and clean lines, offering high aesthetic and resale value in the desirable Sunrise Park neighborhood.
- Significant Capital Improvements
The property boasts recent major upgrades including a new roof, solar panels, HVAC system, and a Level 2 EV charging station, significantly reducing immediate maintenance costs and enhancing energy efficiency.
CONSRISKS & DEFICIENCIES
- Regulatory Rental Constraints
The City of Palm Springs enforces strict neighborhood short-term rental caps, meaning permit availability is not guaranteed and requires independent verification by the buyer.
- Limited Showing Accessibility
Due to frequent guest bookings, showing opportunities are extremely restricted to a very narrow window, which may complicate the due diligence process for prospective buyers.
About 221 N Farrell Drive
Mid-century modern Alexander home designed by Palmer & Krisel, located in Sunrise Park with stunning mountain views. Built in 1958, this iconic architectural style is known for its clean lines, vaulted tongue-and-groove ceilings, exposed beams, and signature brick fireplace. Privately gated with an automatic driveway gate and centrally located near downtown Palm Springs, the home offers flexibility as a full-time residence, second home, or investment property. The 3-bedroom, 2-bath layout features an expanded family room and dining area, creating generous living space filled with natural light. The remodeled kitchen connects directly to the main living areas, and sliding glass doors open to a west-facing patio and large pool with west facing mountain views. A heated spa, fire pit, and professionally landscaped front and rear yards create a true desert retreat. The primary suite has direct pool access, ample closet space, and a large walk-in closet. Both bathrooms have been updated. Major system upgrades within the past 1 to 3 years include a new air conditioning and heating system, pool pump, roof and solar panels, and a Level 2 EV charging station. A two-car garage provides extensive storage. The property has a successful 5-star VRBO history and strong short-term rental performance. While the City of Palm Springs enforces a neighborhood short-term rental cap, Sunrise Park has historically remained below that threshold. Buyers are advised to independently verify current permit availability with the City. Brand new furnishings are negotiable, with select exclusions. Due to frequent rentals, showings are by appointment only and limited to February 23 through February 28 (Saturday the 28th only available until 2pm).
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,644 | 1,964 | 32% |
| Lot Size | 10,454 | 9,583 | 65% |
| Price | $1.35M | $900.0K | 78% |
| Price per sq ft | $821 | $478 | 91% |
| Built year | 1958 | 1989 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 179 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$1,350,000
Initial Listing
Sold
Dec 16, 2021
$1,280,000
Public Record
Sold
Oct 4, 2013
$463,000
Public Record
Sold
Feb 13, 2013
$308,000
Public Record
Sold
Jun 1, 1999
$144,000
Public Record































