
Palm Springs, California 92262
This Mid-Century Value-Add Asset represents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $872,313 Fair Market Value by 2%. This valuation gap offers $22,313 in Instant Equity for buyers addressing the Condition Rating of 4 through strategic updates. Featuring a Grand Swimming Pool, Mountain Views, and a massive 11,761 sqft Lot in historic Racquet Club East, the property provides significant appreciation potential near Vista Del Monte Elementary. It is a prime acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a classic desert project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2341 N Duane Road Subject | $850,000* List Price | 4 | 3 | 2,246 | $346 | - |
A 1123 E Circulo San Sorrento Road Sold | $725,000 | 4 | 3 | 2,343 | $309 | 0.7 mi |
B 1043 E Via Escuela Sold | $675,000 | 3 | 2 | 1,830 | $369 | 0.2 mi |
C 3555 Serenity Trail Sold | $750,000 | 4 | 4 | 2,637 | $284 | 0.9 mi |
D 1804 N Nogales Way Sold | $718,000 | 3 | 2 | 1,892 | $379 | 0.5 mi |
E 2381 N Junipero Avenue Sold | $620,000 | 3 | 3 | 1,956 | $317 | 0.8 mi |
F 2003 N Sandra Road Sold | $665,000 | 3 | 2 | 1,663 | $400 | 0.7 mi |
G 1425 E Luna Way Active Under Contract | $705,000 List Price | 3 | 2 | 1,475 | $478 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this mid-century home is functional and livable but shows clear signs of age and deferred maintenance, as evidenced by the listing's call for 'TLC.' While the kitchen has been partially updated with granite countertops and stainless steel appliances, the cabinetry and overall style appear dated. The bathrooms and flooring show wear consistent with a property that hasn't seen a major renovation in over 15-20 years. It remains a solid candidate for a cosmetic overhaul rather than a structural rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2246.
The property features a massive 11,761 sqft lot with a grand swimming pool and a tranquil yard, offering the quintessential Palm Springs outdoor lifestyle.
Built in 1959 in the desirable Racquet Club East, this home offers an open-concept layout and classic aesthetic with significant potential for appreciation.
The property requires 'TLC' and updates to reach its full potential, necessitating additional capital investment from the buyer for renovations.
A recent price reduction shortly after listing indicates the property may still be finding its market value relative to its current condition.
The Best Deal In Town! If you are looking for a boss property with huge yard and a grand swimming pool in the heart of Palm Springs, look no further! The house sits on a tranquil street yet it's just minutes from all of the action Palm Springs has to offer. Natural light flows through the open spaces of this elegant home full of beauty and charm. A smart buyer and a little TLC will bring this property into the top tier elite of Palm Springs Classics! The bedrooms are huge and feel fantastic with ample closet space. Open concept kitchen flows with ease together with the formal dining and main living areas all overlooking the pool and the backyard creating an oasis waiting for its final touches by the next lucky owner. A must see!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 2,246 | 1,914 | 66% |
| Lot Size | 11,761 | 9,583 | 78% |
| Price | $850.0K | $875.0K | 48% |
| Price per sq ft | $378 | $481 | 29% |
| Built year | 1959 | 1986 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 185 | 5% |
Mar 9, 2026
$850,000
$875,000
-3% Price Drop
Initial Listing
Feb 26, 2026
$875,000
$900,000
-3% Price Drop
Initial Listing
Feb 20, 2026
$900,000
Initial Listing
Jun 1, 2018
$565,000
Public Record