2438 S Caliente Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath
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Palm Springs, California 92264
This Custom-Built Desert Sanctuary is a Strong Value Opportunity, listed at $1,675,000—positioned well below the $1,799,370 Fair Market Value by 6%. This valuation gap offers $124,370 in Instant Equity. Boasting an Excellent Condition Rating, the residence features panoramic mountain views, a pebble-tec pool with waterfall, and a private split-bedroom layout. Located in the prestigious Indian Canyons near Palm Springs High School, it perfectly balances financial upside with a luxury lifestyle. This is an ideal find for Luxury Lifestyle Seekers or Value-Driven Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2438 S Caliente Drive Subject | $1,675,000* List Price | 3 | 4 | 2,745 | $661 | - |
A 1606 E Via Estrella Sold | $1,810,000 | 3 | 3 | 2,508 | $722 | 0.2 mi |
B 982 E Marion Way Sold | $1,200,000 | 3 | 4 | 2,672 | $449 | 0.7 mi |
C 464 E Santiago Way Sold | $2,100,000 | 3 | 3 | 2,857 | $735 | 0.6 mi |
D 2111 S Camino Barranca Sold | $1,900,000 | 4 | 3 | 2,604 | $730 | 1.0 mi |
E 1945 S Mesa Drive Sold | $1,775,000 | 3 | 4 | 2,388 | $743 | 1.0 mi |
F 1440 E Maricopa Drive Sold | $2,006,000 | 3 | 3 | 3,019 | $664 | 0.6 mi |
G 1955 S Yucca Place Active | $1,545,000 List Price | 3 | 4 | 2,950 | $524 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, the property falls into the 20-year age bracket but presents in well-maintained, move-in ready condition. The kitchen features a modern aesthetic with updated grey cabinetry and stainless steel appliances, while the stone tile flooring and pebble-tec pool appear functional and high-quality, suggesting consistent maintenance and partial updates within the last 10-15 years.
Situated on one of the most desirable streets in the prestigious Indian Canyons neighborhood, this property offers high intrinsic value and a peaceful, upscale atmosphere.
The 2002 custom build features a highly functional split-bedroom floor plan where every bedroom includes its own en-suite bath, ensuring maximum privacy for residents and guests.
The home perfectly captures the Palm Springs lifestyle with panoramic mountain views, a private front courtyard, and a pebble-tec pool featuring a dramatic waterfall focal point.
The assigned public schools for this address have relatively low to average ratings (4/10), which may be a drawback for families prioritizing educational performance.
With only three bedrooms for over 2,700 square feet of living space, the home may lack the versatility or guest capacity expected by some buyers at the $1.675M price point.
Unparalleled potential to design your dream home in the highly desirable neighborhood of the prestigious Indian Canyons. The price allows you to customize your new home. A spacious layout ready for your modern transformation that will build "Instant Equity". Custom built home with an open floor plan includes mountain views, large master bedroom and 2 additional rooms with private bathrooms. The outdoor courtyard exemplifies the Palm Springs lifestyle.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 3.9 mi
Grades K-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 61% |
| Square foot | 2,745 | 2,330 | 70% |
| Lot Size | 10,890 | 10,019 | 59% |
| Price | $1.68M | $1.44M | 61% |
| Price per sq ft | $610 | $623 | 45% |
| Built year | 2002 | 1977 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 144 | 3% |
Apr 24, 2026
$1,675,000
Initial Listing