248 E Palo Verde Avenue, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath

248 E Palo Verde Avenue, Palm Springs, California 92264 home-pic-0
ACTIVE$2,495,000
248 E Palo Verde Avenue, Palm Springs, California 92264
3Beds
4Baths
3,313Sqft
12,197Lot
Year Built
2009
Close
-
List price
$2.5M
Original List price
$2.65M
Price/Sqft
$753
HOA
-
Days on market
-
Sold On
-
MLS number
25594403PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $2.50M(92th), sqft - 3313(84th), beds - 3(50th), baths - 4(60th).

Tucked behind mature hedges and framed by the San Jacinto Mountains, this one-of-a-kind designer estate in coveted Tahquitz River Estates redefines luxury desert living. A flawless fusion of timeless craftsmanship and modern sophistication, this residence delivers an extraordinary lifestyle experience serene, private, and undeniably stylish. Inside, expansive 10-foot ceilings, curated designer finishes, and a true indoor-outdoor flow create an atmosphere that is both elevated and effortless. The gourmet kitchen with newly installed appliance suite is a showstopper, equipped with a prep island, induction cooktop with pot filler, double ovens, built-in refrigerator, and rich wood cabinetry all anchored by a rare 1930s French chandelier that casts a warm, vintage glow over the dining space. The level of detail and thought throughout the home is unmatched: heated floors in the primary bath, handcrafted Saltillo tile, solid-core doors, fire sprinklers, designer lighting, and custom millwork throughout. A comprehensive list of upgrades includes a fully owned 48-panel solar system, dual tankless water heaters, a whole-home water filtration system, central vacuum (2024), whole-house sound, and two newly installed HVAC systems all designed for ease, efficiency, and long-term comfort. Step outside and discover your private resort: a glass-tiled pool and spa with heating and cooling functions, surrounded by lush landscaping inspired by the Tuscan countryside including 10 pomegranate trees, 6 mature olive trees, and commercial-grade evening lighting. Gather under the stars with a custom pizza oven, built-in BBQ, fire pit, and outdoor shower perfect for unforgettable desert evenings. Even the garage is elevated, featuring epoxy flooring, mini-split climate control, overhead storage, and custom cabinetry for ultimate functionality. Sited on fee land (you own it) and just moments from downtown Palm Springs, world-class restaurants, galleries, hiking trails, and golf, this home is more than just a residence it's a statement of refinement, comfort, and inspired desert living.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.3mi
4/10
Raymond Cree Middle School
Public,6-82.6mi
4/10
Desert Learning Academy
Public,K-121.4mi
6/10
Palm Springs High School
Public,9-121.6mi

Price History

Date
Event
Price
11/17/25
Price Change
$2,495,000-2.2%
11/05/25
Price Change
$2,550,000-3.8%
09/29/25
Listing
$2,650,000
Condition Rating
Excellent

Built in 2009, this property has undergone extensive and recent high-end renovations, including a newly installed appliance suite in the gourmet kitchen, two newly installed HVAC systems, a 2024 central vacuum, and a fully owned 48-panel solar system. The kitchen features a prep island, induction cooktop with pot filler, double ovens, and built-in refrigeration. Bathrooms boast luxurious features like heated floors in the primary bath and modern fixtures. Throughout the home, designer finishes, handcrafted Saltillo tile, and custom millwork are evident, indicating a property that meets current quality standards with virtually new major components and no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Upgrades & Efficiency: The property features a fully owned 48-panel solar system, dual tankless water heaters, whole-home water filtration, central vacuum (2024), whole-house sound, and two newly installed HVAC systems, ensuring modern comfort and energy efficiency.
Luxurious Outdoor Oasis: A private resort-like backyard includes a glass-tiled pool and spa with heating/cooling, Tuscan-inspired landscaping, commercial-grade lighting, a custom pizza oven, built-in BBQ, fire pit, and outdoor shower, perfect for entertaining.
High-End Interior Design & Finishes: Boasting 10-foot ceilings, curated designer finishes, seamless indoor-outdoor flow, heated primary bath floors, handcrafted Saltillo tile, solid-core doors, and a gourmet kitchen with a new appliance suite, the interior exudes sophistication.
Prime Location & Fee Simple Ownership: Located in the coveted Tahquitz River Estates, moments from downtown Palm Springs amenities, and crucially, on fee land (you own it), offering a significant advantage in the local market.
Highly Functional & Finished Garage: The garage is elevated with epoxy flooring, mini-split climate control, overhead storage, and custom cabinetry, providing exceptional utility and organization.

Cons

Recent Price Reductions: The property has undergone two price reductions from its original list price of $2.65M to $2.495M, which may suggest initial overpricing or a need to attract more buyer interest.
Listing Price Exceeds Estimated Value: The current listing price is 5% higher than the property's estimated value of $2,398,907, potentially indicating a premium being asked above market valuation.
Limited Bedroom Count for Luxury Tier: While offering 4 bathrooms, the property features only 3 bedrooms. For a luxury estate of this caliber and price point, some potential buyers might expect a higher bedroom count.

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