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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$3,313/sqft
Est. Value: $2,435,266
-2%
FairlyEstimate
248 E Palo Verde Avenue, Palm Springs, California 92264
3Beds
4Baths
3,313Sqft
12,197Lot

Price Vs. Estimate

The estimated value ($2,435,265.795) is $59,734.205 (2%) lower than the list price ($2,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Luxury Design & Craftsmanship: This residence boasts a flawless fusion of timeless craftsmanship and modern sophistication, featuring expansive 10-foot ceilings, curated designer finishes, custom millwork, heated primary bath floors, handcrafted Saltillo tile, and solid-core doors, creating an elevated and stylish interior.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3313, other record living area = 3276.

Compared to the nearby listings

Price:$2.50M vs avg $1.30M (+$1,195,000)90%
Size:3,313 sqft vs avg 2,199 sqft84%
Price/sqft:$753 vs avg $60078%

More Insights

Built in 2009 (17 years old).
Condition: Built in 2009, this property has undergone extensive recent renovations and upgrades, including a newly installed appliance suite, two new HVAC systems, a 2024 central vacuum, and dual tankless water heaters. The gourmet kitchen features high-end appliances, granite countertops, and rich wood cabinetry, while the bathrooms boast luxury finishes like heated floors in the primary bath, custom tiling, and modern fixtures. All components appear virtually new or meticulously maintained, reflecting current quality standards with no deferred maintenance, justifying an excellent rating.
Year Built
2009
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$753
HOA
-
Days on market
-
Sold On
-
MLS number
26632291PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

One-of-a-kind designer residence located within blocks of Downtown Palm Springs redefines luxury! Located in South Palm Springs, this Tahquitz River Estates property is a flawless fusion of timeless craftsmanship and modern sophistication delivering an extraordinary lifestyle experience that is 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.

B
Brady Sandahl
Listing Agent

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•0.3mi
4/10
Raymond Cree Middle School
Public,•6-8•2.6mi
4/10
Desert Learning Academy
Public,•K-12•1.4mi
6/10
Palm Springs High School
Public,•9-12•1.6mi

Price History

Date
Event
Price
11/26/12
Sold
$675,000
01/06/09
Sold
$360,000
Condition Rating
Excellent
Built in 2009, this property has undergone extensive recent renovations and upgrades, including a newly installed appliance suite, two new HVAC systems, a 2024 central vacuum, and dual tankless water heaters. The gourmet kitchen features high-end appliances, granite countertops, and rich wood cabinetry, while the bathrooms boast luxury finishes like heated floors in the primary bath, custom tiling, and modern fixtures. All components appear virtually new or meticulously maintained, reflecting current quality standards with no deferred maintenance, justifying an excellent rating.
Pros & Cons

Pros

Luxury Design & Craftsmanship: This residence boasts a flawless fusion of timeless craftsmanship and modern sophistication, featuring expansive 10-foot ceilings, curated designer finishes, custom millwork, heated primary bath floors, handcrafted Saltillo tile, and solid-core doors, creating an elevated and stylish interior.
Extensive Modern Upgrades & Efficiency: Equipped with 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, ensuring exceptional comfort, efficiency, and long-term value.
Resort-Style Outdoor Living: The private exterior offers a glass-tiled pool and spa with heating/cooling, lush Tuscan-inspired landscaping including mature olive and pomegranate trees, commercial-grade lighting, a custom pizza oven, built-in BBQ, fire pit, and outdoor shower, perfect for entertaining.
Prime Location & Fee Land Ownership: Situated in South Palm Springs, just blocks from Downtown, offering convenient access to world-class restaurants, galleries, hiking, and golf. The property is on fee land, providing full ownership without leasehold concerns, a significant advantage in the area.
Gourmet Chef's Kitchen: The showstopper gourmet kitchen features a newly installed appliance suite, prep island, induction cooktop with pot filler, double ovens, built-in refrigerator, rich wood cabinetry, and is anchored by a rare 1930s French chandelier, catering to culinary enthusiasts.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3313, other record living area = 3276.
Premium Price Point: The list price of $2.495 million places this property in the upper echelon of the Palm Springs market, which naturally narrows the potential buyer pool to those with specific financial capacity for a luxury acquisition.
Highly Specific Design Aesthetic: While meticulously designed, the 'Tuscan countryside' landscaping, 'handcrafted Saltillo tile,' and '1930s French chandelier' suggest a distinct aesthetic that, while luxurious, may not appeal to all high-end buyers seeking a more universally contemporary or minimalist desert style.
Absence of Dedicated Guest House/Casita: For a luxury property of this caliber and price point in Palm Springs, the lack of a separate guest house or casita might be a consideration for buyers desiring additional private accommodations for visitors or potential rental income.
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