
Palm Springs, California 92262
This Tuscan Estate is a Prime Investment Opportunity listed at $2,950,000—positioned well below the $3,045,460 Fair Market Value by 3%. This valuation gap offers $95,460 in Instant Equity. Maintaining a Good Condition Rating, the home features hand-hewn wood beams, a saltwater pool, and panoramic mountain views. Located in a private gated enclave near Katherine Finchy Elementary and Palm Springs High, this property features rare fee-simple land ownership. It is an ideal acquisition for Luxury Homeowners or Seasonal Retreat Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2489 Tuscany Heights Drive Subject | $2,950,000* List Price | 3 | 4 | 4,055 | $734 | - |
A 371 W Stevens Road Sold | $2,100,000 | 4 | 5 | 2,899 | $724 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is 17 years old and presents in excellent, move-in ready condition. The kitchen features high-end stainless steel appliances (Thornburg, Viking), custom wood cabinetry, marble/quartzite countertops, and quality tile flooring, all appearing well-maintained. Bathrooms boast high-end fixtures, including a clawfoot tub and a spacious tiled walk-in shower. While the Tuscan style is traditional, it is consistently executed and appears timeless rather than dated, with no immediate renovations required. All major systems and components appear functional and well-maintained, aligning perfectly with the 'Good' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18295, living area = 4055.
Offers a rare expression of refined desert living with a unique, timeless Tuscan design, setting it apart from the prevalent Mid-Century Modern aesthetic in Palm Springs.
Tucked within a private gated enclave, providing enhanced security, discretion, and exclusivity without mandatory memberships or social obligations.
While unique, the distinctive Tuscan aesthetic may not appeal to all Palm Springs buyers, many of whom specifically seek the iconic Mid-Century Modern design, potentially narrowing the buyer pool.
The expansive 18,295 sqft lot and elaborate resort-style outdoor amenities (custom pool, waterfall, outdoor kitchen) imply substantial ongoing maintenance requirements and associated costs.
Built in 2007, while described as timeless, some interior finishes or technologies may not be as current as those found in newer luxury constructions, which could necessitate future updates for some discerning buyers.
This Tuscan estate offers a rare expression of refined desert living. Distinct from the mid-century modern aesthetic common to Palm Springs, the residence is defined by warmth, scale, and timeless design and engineered to disappear into its surroundings.Tucked within a private gated enclave, the home features three bedrooms plus a bonus room and four baths, ideal for a sophisticated primary residence or lock-and-leave seasonal retreat. Interiors are marked by exceptional volume, with soaring ceilings balanced by massive hand-hewn wood beams that lend texture, permanence, and architectural presence.The vaulted great room opens seamlessly to a secluded outdoor setting designed for entertaining and relaxation. The grounds function as a private resort, anchored by a custom saltwater pool and spa framed by natural boulders and a cascading rock waterfall. A natural rock stone fire pit, outdoor bar, and full summer kitchen complete the setting, creating an ideal environment for evening gatherings.Offering the security and discretion of a gated setting without mandatory memberships or social obligations, this compound is defined by independence, privacy, and quiet luxury. A compelling alternative for buyers seeking substance, seclusion, and enduring integrity. No lease- owner owns the land.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 72% |
| Square foot | 4,055 | 1,914 | 97% |
| Lot Size | 18,295 | 9,583 | 95% |
| Price | $2.95M | $875.0K | 95% |
| Price per sq ft | $727 | $483 | 84% |
| Built year | 2007 | 1987 | 75% |
| HOA | $240.39 | $0 | 81% |
| Days on market | 78 | 185 | 11% |
Feb 4, 2026
$2,950,000
Initial Listing
Mar 29, 2021
$1,570,000
Public Record
Mar 18, 2011
$850,000
Public Record