
Palm Springs, California 92262
This Mid-Century Modern Condominium is a Strong Value Opportunity, listed at $540,000—positioned above the $487,833 Fair Market Value. While priced at a premium, the property features a Good Condition Rating following a 2018 restoration. Residents enjoy dramatic mountain views, a sparkling pool, and Class 1 Historic Designation potential for Mills Act tax savings. Located near Palm Springs High School, this residence offers a unique lifestyle for second-home buyers or mid-century architecture enthusiasts seeking a turnkey, historically significant desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2244 E Tahquitz Canyon Way 5 Subject | $540,000* List Price | 1 | 1 | 763 | $639 | - |
A 2244 E Tahquitz Canyon #15 Way Pending | $389,000 List Price | 1 | 1 | 763 | $510 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1957, this property underwent a high-end restoration and update in 2018 (6 years ago). The updates included new kitchen cabinetry and appliances, while maintaining the integrity of the systems and original architectural features. It is in well-maintained, move-in ready condition, falling within the 5-15 year renovation window for a Good rating.
The property holds a coveted Class 1 Historic Designation, making it eligible for the Mills Act, which can provide owners with significant annual property tax savings.
Positioned at the far northwest edge of the community, this residence offers superior privacy and unobstructed, dramatic mountain views framed by iconic desert landscaping.
Designed by William B. O'Brien, the home features rare architectural details like angled glass walls, beamed ceilings, and original jalousie windows, all complemented by tasteful 2018 updates.
With only 763 square feet and a single bedroom, the compact layout may be too restrictive for buyers seeking a full-time residence or space for guests.
While charming, the 1957 construction and original features like jalousie windows and vintage plumbing may require more specialized maintenance and offer less energy efficiency than modern alternatives.
Desert Holly is one of Palm Springs' rare architectural treasures, earning a coveted Class 1 Historic Designation for its distinctive mid-century modern design and exceptional preservation. Developed in 1957 by respected Long Beach builder William B. O'Brien, this intimate enclave of just 14 residences surrounds a sparkling pool and beautifully maintained desert landscaping. Residence #5 enjoys a prized corner location at the far northwest edge of the community, offering dramatic, unobstructed mountain views, often snowcapped in winter, framed by classic Palm Springs palm trees. Inside, angled walls of glass rise toward beamed ceilings, filling the home with natural light and capturing the essence of iconic desert modernism. Lovingly restored, this light and airy residence retains many original details, including jalousie windows for natural cross ventilation, the original hearth and steel gas fireplace, a vintage bathtub, and a unique dining-area light fixture. Thoughtful updates completed in 2018, including high-end appliances and cabinetry, complement the home's original architectural spirit. Whether used as a Palm Springs pied--terre or a full-time desert residence, this jewel box property offers style, serenity, and historic pedigree. As an added benefit, Desert Holly's historic designation may qualify owners for meaningful property tax savings through the Mills Act. Combined with a well-managed HOA and low monthly dues of $410, this is a rare opportunity to enjoy classic mid-century living in a wonderful Palm Springs location close to everything. Contact agent for a private showing.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 763 | 1,131 | 26% |
| Lot Size | 871 | 436 | 58% |
| Price | $540.0K | $362.0K | 73% |
| Price per sq ft | $708 | $345 | 98% |
| Built year | 1957 | 1981 | 1% |
| HOA | $410.0 | $550 | 11% |
| Days on market | 30 | 160 | 1% |
May 8, 2026
$540,000
Initial Listing
Jun 12, 2023
$488,000
Public Record
Apr 17, 2018
$320,000
Public Record
Oct 5, 2015
$235,000
Public Record
Oct 12, 2012
$191,000
Public Record