248 E Palo Verde Avenue, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath
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Palm Springs, California 92264
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1. This
2. High-Efficiency
3. Luxury
4. Estate
5. is
6. listed
7. at
8. $2,350,000—positioned
9. well
10. below
11. the
12. $2,397,518
13. Fair
14. Market
15. Value
16. by
17. 1%.
18. This
19. valuation
20. gap
21. provides
22. $47,518
23. in
24. Instant
25. Equity
26. for
27. a
28. home
29. in
30. Excellent
31. Condition
32. Rating.
33. The
34. property
35. features
36. a
37. fully
38. owned
39. 48-panel
40. solar
41. system,
42. a
43. gourmet
44. kitchen
45. with
46. high-end
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 248 E Palo Verde Avenue Subject | $2,350,000* List Price | 3 | 4 | 3,313 | $724 | - |
A 575 Capella Court Sold | $3,050,000 | 3 | 4 | 3,322 | $918 | 0.7 mi |
B 316 Big Canyon Drive N Sold | $1,675,000 | 4 | 5 | 2,650 | $632 | 0.5 mi |
C 456 E Sonora Road Active | $2,469,000 List Price | 4 | 4 | 2,809 | $879 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2009, the property has undergone extensive recent updates that meet the highest quality standards, including a newly installed gourmet appliance suite, two new HVAC systems, and a central vacuum system updated in 2024. The home features premium finishes such as heated primary bathroom floors, handcrafted Saltillo tile, and a fully owned 48-panel solar system, presenting in like-new condition with no deferred maintenance.
The property features a fully owned 48-panel solar system and dual newly installed HVAC units, offering significant utility savings and high-performance sustainability in the desert climate.
The backyard is a premier entertainment hub featuring a glass-tiled pool with a rare cooling function, a custom pizza oven, and Tuscan-inspired landscaping with mature olive and pomegranate trees.
With 10-foot ceilings, heated primary bath floors, and a gourmet kitchen featuring a 1930s French chandelier and induction cooktop, the home exhibits a rare level of refined design and volume.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3313, other record living area = 3039.
The assigned elementary and middle schools carry a rating of 4 out of 10, which may be a drawback for families prioritizing top-tier public education.
At 3,313 square feet, the home offers only three bedrooms, which may result in a lower bedroom-to-square-footage ratio than some buyers expect for a property of this size.
Bold design. Thoughtful execution. Prime South Palm Springs. A standout in both form and function, this 3,313 square foot high efficiency estate offers a rare blend of volume, efficiency, and refined design just blocks from Downtown. Located within Tahquitz River Estates on fee land you own it, the home unfolds with 10-foot ceilings, curated finishes, and a true indoor-outdoor flow that feels both elevated and effortless, anchored by a fully owned 48 panel solar system delivering meaningful energy efficiency and long-term savings. The gourmet kitchen with newly installed appliance suite is a showstopper, featuring a generous prep island, induction cooktop with pot filler, double ovens, built in refrigerator, and rich wood cabinetry, all anchored by a rare 1930s French chandelier casting a warm vintage glow over the dining space. The level of detail throughout is exceptional with heated floors in the primary bath, handcrafted Saltillo tile, solid core doors, fire sprinklers, designer lighting, and custom millwork throughout. Additional systems include dual tankless water heaters, whole home water filtration, central vacuum updated in 2024, whole house sound, and two newly installed HVAC systems. Outside, the private resort setting truly delivers with a glass tiled pool and spa featuring both heating and cooling functions, a rare and highly desirable feature in the desert that keeps the water refreshingly comfortable even during the hottest months. Lush landscaping draws inspiration from the Tuscan countryside with pomegranate and mature olive trees, all enhanced by commercial grade evening lighting. Entertaining comes naturally with a custom pizza oven, built in BBQ, fire pit, and outdoor shower creating an unforgettable setting under the desert sky. Even the garage has been thoughtfully upgraded with epoxy flooring, mini split climate control, overhead storage, and custom cabinetry. All of this just moments from the best of Palm Springs dining, shopping, hiking, and golf, delivering a standout take on the desert good life.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.6 mi
Grades K-12 • 1.4 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 | 59% |
| Square foot | 3,313 | 2,268 | 83% |
| Lot Size | 12,197 | 10,019 | 74% |
| Price | $2.35M | $1.35M | 86% |
| Price per sq ft | $709 | $609 | 70% |
| Built year | 2009 | 1976 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 158 | 1% |
Apr 1, 2026
$2,350,000
Initial Listing
Nov 26, 2012
$675,000
Public Record
Jan 6, 2009
$360,000
Public Record