2350 S Araby Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath
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Palm Springs, California 92264
This Historical Luxury Estate, the iconic 1926 Giannini residence, is a rare Class 1 Historical Landmark listed at $2,500,000. Reflecting its unique architectural pedigree, the property sits at a premium relative to the $2,151,673 Fair Market Value, justified by its Excellent Condition Rating and extensive modern infrastructure. The estate features an Albert Frey deck, panoramic mountain views, and a kidney-shaped pool on a massive lot near Palm Springs High School. This move-in-ready sanctuary is a once-in-a-lifetime acquisition for Luxury Home Seekers or Historical Preservationists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2350 S Araby Drive Subject | $2,395,000* List Price | 3 | 3 | 2,500 | $844 | - |
A 2684 Anza Trail Sold | $2,085,000 | 4 | 4 | 2,978 | $700 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being a 1926 historical landmark, the property is in excellent condition due to extensive recent upgrades. The current owner has installed a high-end HVAC system, updated the electrical wiring, added new insulation, and a whole-house water softening system. The interior features a gourmet kitchen with updated appliances and a butler's pantry. The exterior is meticulously maintained with a newer desert-scape, a pristine kidney-shaped pool, and a unique Albert Frey deck, making it move-in ready with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27878, living area = 2500.
As a Class 1 historical site known as the Giannini residence, this estate features rare 1920s stone craftsmanship and an iconic Albert Frey deck, offering immense prestige and architectural value.
The home has been meticulously updated with a high-end HVAC system, whole-house water softener, new insulation, and updated wiring, ensuring modern comfort within a vintage shell.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 2127. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The Class 1 historical designation may impose strict limitations on exterior renovations or structural changes, which could restrict buyers looking to significantly customize the home's aesthetic.
The property relies on a septic system rather than a municipal sewer connection, necessitating periodic maintenance and potentially complicating future expansions or high-capacity usage.
If you are looking to own a piece of history without sacrificing modern amenities look now further. This iconic desert retreat has a class one historical designation. Know as the Giannini residence, the original owners and founders of Bank of America made this their desert retreat nestled higher up in Araby Cove. Araby cove is one of the first and oldest subdivisions in South Palm Springs. The home was constructed with board formed , poured in place concrete and finely cut locally quarried stone over the concrete walls which is reminiscent of the craftsmanship from the 1880s-1930s era. The property also features a basement and bank type vault which could be a nice wine cellar. The basement stays at a cool temperature naturally through the year and has added AC in case you would like it even cooler. A large Albert Frey deck serves as a star and view gazing platform as well as a shade for the cars underneath. This could be a huge party space as well! Enter up a grand stair way to a stone porch! The porch is naturally cool being surrounded by rock and the orientation from the sun. The views from the front of the home are incredible and expansive. Enter the home thru old French doors and you are greeted with a huge original rock fireplace. The living room flows nicely into an office nook, then into a gourmet kitchen, butler pantry and coffee bar and breakfast nook. This all opens up to the lovely outdoor space surrounded by patios, a kidney shaped pool, spa and top of the line desert scape. There are outstanding views from each of the homes outside and inside viewing areas. Back inside the home we will find a large formal dining room to accompany your chefs kitchen. There is one guest bedroom and a den serviced by a jack and jill bath. The second bath on that side also able to serve the entertaining and dining areas. The other side of the home offers the primary suite with a large bath and sitting area. Also on that side is the second guest bedroom. This home has changed hands less than a handful of time in a 100 years. This is a a once in a lifetime opportunity to own a piece of history. The current owner has installed a very expensive and extensive HVAC system, added a whole house water softening system ,added new insulation, updated appliances, serviced the septic system , updated wiring and so much more. The home is ready for your upmost enjoyment and trouble free living!
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades 6-8 • 4.0 mi
Grades K-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,500 | 2,268 | 57% |
| Lot Size | 27,878 | 10,019 | 97% |
| Price | $2.40M | $1.35M | 87% |
| Price per sq ft | $958 | $609 | 95% |
| Built year | 1926 | 1976 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 158 | 1% |
Apr 6, 2026
$2,395,000
$2,500,000
-4% Price Drop
Initial Listing
Mar 22, 2026
$2,500,000
Initial Listing
May 31, 2024
$2,247,500
Public Record