2235 E Paseo Gracia, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

2235 E Paseo Gracia
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 2235 E Paseo Gracia, Palm Springs, California 92262 reveals a property with a current list price of $1,340,000, which is 7% above the estimated $1,248,424 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 2235 E Paseo Gracia Subject | $1,340,000* List Price | 3 | 2 | 1,570 | $795 | - |
A 2227 Paseo Roseta Sold | $1,225,000 | 3 | 2 | 1,375 | $891 | 0.1 mi |
B 545 N Chiquita Circle Sold | $1,045,000 | 3 | 2 | 1,541 | $678 | 0.7 mi |
C 544 N Tercero Circle Sold | $1,095,000 | 3 | 2 | 1,541 | $711 | 0.7 mi |
D 460 N Orchid Tree Lane Sold | $1,320,000 | 3 | 2 | 1,904 | $693 | 0.6 mi |
E 271 N Easmor Circle Active | $1,125,000 List Price | 3 | 2 | 1,620 | $694 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a fully reimagined midcentury ranch that has undergone an extensive recent renovation. It features a bespoke modern kitchen with quartz countertops, contemporary concrete flooring throughout, and significant mechanical upgrades including newer HVAC systems, a new water heater, and a recoated foam roof with a warranty. The interior and exterior components are virtually new, meeting current high-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 = 15246, living area = 1570.
CONSRISKS & DEFICIENCIES
About 2235 E Paseo Gracia
Reimagined midcentury ranch situated on a rare, jumbo-size .35-acre lot in Sunrise Park, offering quintessential Palm Springs living. This rare oversized property is discreetly tucked behind walls and hedges, exuding charm and featuring resort-style grounds with a pool, spa, detached cabana, multiple seating areas, and sweeping, wire-free mountain views. Gossip poolside while taking in views of Mt. San Jacinto by day and the aerial tram by night, or chill in the vibey cabana retreat overlooking the pool. The fully hedged property offers exceptional privacy and includes a two-car garage as well as ample space for a vintage trailer, RV, future addition, and ADU/guest house. Interiors boast a pared-down aesthetic with concrete floors and whitewashed walls, providing a neutral backdrop for art and furnishings. The bespoke kitchen offers generous storage, a gas range, quartz countertops, and a picture window overlooking the pool and outdoor lounge and dining areas. All rooms open directly to the pool and gardens, including the primary bedroom with its ensuite bath and dual wardrobes. Two guest bedrooms share a hall bath, with one bedroom featuring pocket-door access, creating a junior primary suite. Ideally located between the airport and downtown Palm Springs, the home is walkable to Sunrise Park, the city's swim center, library, sports fields, PS Cultural Center/Camelot Theatre, weekly farmers market, and numerous shops and restaurants. Note that the Sunrise Park neighborhood currently allows full short-term vacation rental permits. Additional upgrades include a transferable solar lease with a fixed, low monthly electricity payment, newer HVAC systems, mini-split in the primary bedroom, new water heater, new exterior paint, and a recoated foam roof with warranty. The rear property line spans approximately 130 feet with no neighboring properties behind. Whether entertaining on a grand or intimate scale, this rare and private property is designed for memorable desert living. You own the land and there are no HOA fees.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 15,246 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 | 1,570 | 1,964 | 27% |
| Lot Size | 15,246 | 9,583 | 91% |
| Price | $1.34M | $900.0K | 78% |
| Price per sq ft | $854 | $478 | 92% |
| Built year | 1967 | 1989 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 179 | 1% |
Pricing History
Listed for Sale
Feb 3, 2026
$1,340,000
Initial Listing
Sold
Aug 11, 2015
$443,500
Public Record
Sold
Jan 21, 2015
$379,000
Public Record

































































