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

248 E Palo Verde Avenue

Palm Springs, California 92264

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
3,313Sq Ft
12,197Lot Size

Property Price

LIST PRICE$2,495,000
EST. MARKET VALUE
$2,455,166

SUMMARY

Estimated Market Value

$2,455,166
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
248 E Palo Verde Avenue
Subject
$2,495,000*
List Price
343,313$741-
A
575 Capella Court
Sold
$3,050,000343,322$9180.7 mi
B
675 E Mesquite Avenue
Sold
$1,950,000452,515$7750.1 mi
C
456 E Sonora Road
Active
$2,469,000
List Price
442,809$8790.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 2009, the property has been extensively updated within the last year, including a newly installed gourmet appliance suite, two new HVAC systems (2024), and a central vacuum system. The home features high-end designer finishes such as heated primary bathroom floors, handcrafted Saltillo tile, and a 48-panel owned solar system. The integration of modern technology with timeless craftsmanship and the pristine condition of both the interior and the resort-style exterior justify an excellent rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Advanced Energy & Utility Systems

    The property features a fully owned 48-panel solar system, dual tankless water heaters, and a whole-home water filtration system, offering significant long-term cost savings and operational efficiency.

  • Exceptional Outdoor Amenities

    A private resort-style backyard includes a glass-tiled pool with heating and cooling functions, a custom pizza oven, and mature Tuscan landscaping, creating a premier space for desert entertaining.

  • Premium Interior Craftsmanship

    The home boasts 10-foot ceilings, heated primary bathroom floors, and a gourmet kitchen anchored by a rare 1930s French chandelier, reflecting a high level of bespoke designer detail.

CONSRISKS & DEFICIENCIES

  • 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.

  • Average School Ratings

    The assigned public schools for this address have modest ratings (ranging from 4 to 6), which may be a consideration for families prioritizing top-tier educational districts.

  • High Market Entry Point

    Priced at nearly $2.5 million, the property represents a significant premium for the area, which may limit the pool of qualified buyers despite its extensive luxury upgrades.

About 248 E Palo Verde Avenue

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2009
Lot Size
12,197 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Cahuilla Elementary School

Grades K-5 • 0.3 mi

4/10

Raymond Cree Middle School

Grades 6-8 • 2.6 mi

4/10

Desert Learning Academy

Grades K-12 • 1.4 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
54%
Square foot3,3132,319.5
81%
Lot Size12,19710,454
74%
Price$2.50M$1.44M
89%
Price per sq ft$753$608
78%
Built year20091972
82%
HOA$0$0
50%
Days on market64163
11%

Pricing History

Listed for Sale

Jan 2, 2026

$2,495,000

Initial Listing

Sold

Nov 26, 2012

$675,000

Public Record

Sold

Jan 6, 2009

$360,000

Public Record

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