2440 N Girasol Avenue, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Turnkey Mid-Century Retreat is a Strong Value Opportunity, listed at $825,000—positioned well below the $889,449 Fair Market Value by 7%. This valuation gap offers $64,449 in Instant Equity. Featuring an Excellent Condition Rating with modern infrastructure, a resort-style pool and spa, and unobstructed mountain views, the home is move-in ready. Located in a prime short-term rental zone, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2440 N Girasol Avenue Subject | $825,000* List Price | 3 | 2 | 1,455 | $611 | - |
A 600 E Alexander Way Sold | $825,000 | 3 | 2 | 1,225 | $673 | 0.7 mi |
B 14 Ashby Circle Sold | $660,000 | 3 | 2 | 1,248 | $529 | 0.8 mi |
C 400 W Via Escuela Sold | $1,005,000 | 3 | 2 | 1,697 | $592 | 0.2 mi |
D 444 E Glen Circle Sold | $975,000 | 3 | 2 | 1,381 | $706 | 0.6 mi |
E 859 E Grace Circle Sold | $775,000 | 3 | 2 | 1,225 | $633 | 0.9 mi |
F 411 E Racquet Club Road Active | $999,500 List Price | 3 | 3 | 1,497 | $668 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1958, the property has undergone a comprehensive recent renovation (likely <5 years) including a fully modernized kitchen with quartz counters and updated bathrooms. Major systems have been replaced, including new plumbing, sewer lines, upgraded electrical, a tankless water heater, and a new split AC system, placing it in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1455.
The property features significant modern improvements including new plumbing, sewer lines, upgraded electrical wiring, and a tankless water heater, minimizing immediate capital expenditures for the buyer.
Located in the Little Tuscany/Chino Canyon area where short-term rental licenses are still available, this home presents a rare and lucrative opportunity for investors in a highly regulated market.
The mention of a new split AC system specifically in the living room suggests the home may lack a comprehensive central HVAC system, which is a significant consideration for desert summers.
While convenient for travel, the home's location right off Highway 111 may result in increased ambient road noise, potentially impacting the tranquility of the outdoor resort space.
Tucked into the highly sought-after Chino Canyon neighborhood, this beautifully updated Palm Springs retreat delivers the ultimate blend of style, comfort, and convenience with many major infrastructure improvements already completed for you. With mountain views on your doorstep and mature desert landscaping throughout the yard, the property features a resort-style backyard with sparkling pool and spa, expansive patio space, and seamless indoor-outdoor flow ideal for entertaining or relaxing. Inside, the home has been thoughtfully modernized with extensive upgrades including remodeled kitchen and bathrooms, updated flooring, new plumbing and sewer line, tankless water heater, upgraded electrical wiring, new split AC system in the living room, fresh interior and exterior paint, and more. Located right off Highway 111 on the north side of Palm Springs, the home offers easy access for weekend escapes from Los Angeles, Orange County, or San Diego. Enjoy being a 15 minute stroll from local favorites including Sandfish, 1501 Gastropub, Billy Reed's, and Freddie's Kitchen at The Cole. For buyers seeking flexibility and income potential, short-term rental licenses are still available in this area (Little Tuscany, buyer to verify with city). This mid century home is modern desert living at its best - making this an exceptional full-time residence, vacation getaway, or investment opportunity.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,455 | 1,920 | 24% |
| Lot Size | 10,019 | 9,583 | 52% |
| Price | $825.0K | $875.0K | 47% |
| Price per sq ft | $567 | $485 | 65% |
| Built year | 1958 | 1986 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 173 | 2% |
May 20, 2026
$825,000
Initial Listing
Oct 27, 2020
$620,000
Public Record
Mar 16, 2007
$425,000
Public Record