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

221 N Farrell Drive, Palm Springs, California 92262 home-pic-0

221 N Farrell Drive

Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,644Sq Ft
10,454Lot Size

Property Price

LIST PRICE$1,350,000
EST. MARKET VALUE
$1,250,868
7% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,250,868
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
221 N Farrell Drive
Subject
$1,350,000*
List Price
321,644$761-
A
2227 Paseo Roseta
Sold
$1,225,000321,375$8910.3 mi
B
544 N Tercero Circle
Sold
$1,095,000321,541$7110.6 mi
C
460 N Orchid Tree Lane
Sold
$1,320,000321,904$6930.3 mi
D
791 N Calle Marcus
Sold
$1,200,000321,723$6960.9 mi
E
2835 E Plaimor Avenue
Active
$1,175,000
List Price
321,608$7310.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
45%
Square foot1,6441,964
32%
Lot Size10,4549,583
65%
Price$1.35M$900.0K
78%
Price per sq ft$821$478
91%
Built year19581989
13%
HOA$0$0
50%
Days on market16179
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

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