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2499 S Palm Canyon, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

2499 S Palm Canyon, Palm Springs, California 92264 home-pic-0
ACTIVE$1,150,000$1,496/sqft
Est. Value: $1,302,594
13%
BelowEstimate
2499 S Palm Canyon, Palm Springs, California 92264
2Beds
2Baths
1,496Sqft
18,295Lot

Price Vs. Estimate

The estimated value ($1,302,593.555) is $152,593.555 (13%) higher than the list price ($1,150,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: 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 = 1496.
Top Cons:
Land Lease Structure: Despite a renewed lease until 2080, the property operates on a land lease, which can be less desirable than fee simple ownership for some buyers and may involve ongoing lease payments or future renegotiation concerns.

Compared to the nearby listings

Price:$1.15M vs avg $1.29M ($-142,500)38%
Size:1,496 sqft vs avg 2,189 sqft19%
Price/sqft:$769 vs avg $60080%

More Insights

Built in 1971 (55 years old).
Condition: This property, while built in 1971, has undergone an extensive and high-quality renovation, bringing it to a virtually new condition. The kitchen features modern stainless steel appliances, sleek cabinetry, and contemporary countertops. Both bathrooms are spa-inspired with updated vanities, fixtures, and stylish tiling, including a substantial walk-in shower. The entire interior boasts consistent, modern flooring (polished concrete/epoxy) and updated lighting. Furthermore, the installation of 32 owned solar panels and a 10kWh battery signifies recent, significant upgrades to energy systems, meeting current quality standards. The property is presented as fully furnished and turnkey, indicating no deferred maintenance and a pristine overall condition.
Year Built
1971
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$769
HOA
-
Days on market
-
Sold On
-
MLS number
NP25279374
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Welcome to a unique and notable Indian Canyons' Mid-Century modern retreat with a notable AirBnb history. This fully furnished desert escape offers privacy, history, and undeniable Palm Springs style. Rumored to be the original clubhouse for Canyon View Estates, this architectural gem sits on an approximately 18,000 sq ft lot at the base of the mountain, delivering breathtaking hillside and mountain views with true resort vibes. The home’s dramatic 8-beamed umbrella ceiling and clerestory windows flood the great room with natural light, creating a striking yet relaxed atmosphere, perfect for entertaining or unwinding. The updated kitchen and dining area open to a impressive private backyard oasis tucked against the hillside, complete with pool, spa, shaded gazebo, gas firepit, and lush palms—ideal for sunset gatherings and starry nights. The primary suite is a peaceful retreat with hillside views, a walk-in closet, and ensuite bath, while the guest bedroom enjoys access to a spa-inspired bathroom featuring a substantial walk-in shower and picture window capturing the surrounding desert landscape. Offered fully furnished and turnkey, this home is thoughtfully equipped with luxury-comfort beds, smart TVs, in-house laundry, a fully stocked kitchen flexible workspace options, solar blinds, blackout curtains, and abundant private parking. Energy-efficient living is enhanced by 32 OWNED solar panels and a 10kWh battery, significantly offsetting electricity costs. The land lease has been renewed and does not expire until 2080! Just minutes from downtown Palm Springs, Murray Canyon hiking trails, and the new Palm Springs Surf Club, this one-of-a-kind residence blends architectural significance with modern comfort—offering a lifestyle as unforgettable as the setting.

A
Angela Caliger
Listing Agent
Condition Rating
Excellent
This property, while built in 1971, has undergone an extensive and high-quality renovation, bringing it to a virtually new condition. The kitchen features modern stainless steel appliances, sleek cabinetry, and contemporary countertops. Both bathrooms are spa-inspired with updated vanities, fixtures, and stylish tiling, including a substantial walk-in shower. The entire interior boasts consistent, modern flooring (polished concrete/epoxy) and updated lighting. Furthermore, the installation of 32 owned solar panels and a 10kWh battery signifies recent, significant upgrades to energy systems, meeting current quality standards. The property is presented as fully furnished and turnkey, indicating no deferred maintenance and a pristine overall condition.
Pros & Cons

Pros

High Available Lot Utilization: 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 = 1496.
Architectural Significance & Style: This property is a notable Mid-Century modern retreat, rumored to be the original clubhouse for Canyon View Estates, featuring a dramatic 8-beamed umbrella ceiling and clerestory windows, offering unique aesthetic appeal.
Private Resort-Style Outdoor Oasis: The impressive private backyard, tucked against the hillside, boasts a pool, spa, shaded gazebo, gas firepit, and lush palms, creating a true resort-like atmosphere ideal for entertaining and relaxation.
Exceptional Energy Efficiency: Equipped with 32 OWNED solar panels and a 10kWh battery, the property significantly offsets electricity costs, providing substantial long-term savings and environmental benefits.
Turnkey & Fully Furnished: Offered fully furnished and thoughtfully equipped with luxury-comfort beds, smart TVs, in-house laundry, and a stocked kitchen, making it ready for immediate occupancy or rental, appealing to investors or second-home buyers.
Prime Location & Breathtaking Views: Situated at the base of the mountain, it offers breathtaking hillside and mountain views, and is just minutes from downtown Palm Springs, Murray Canyon hiking trails, and the new Palm Springs Surf Club.

Cons

Land Lease Structure: Despite a renewed lease until 2080, the property operates on a land lease, which can be less desirable than fee simple ownership for some buyers and may involve ongoing lease payments or future renegotiation concerns.
Age of Property: Built in 1971, while updated, the property's age may imply potential for older underlying systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades not explicitly detailed as fully renovated.
Modest Interior Square Footage: With 1496 sqft for 2 beds/2 baths on a generous 18,295 sqft lot, the interior living space might be considered modest for some buyers seeking more expansive accommodations, especially given the 'retreat' branding and large outdoor area.
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