Realkey.ai
RealKey
‪(213) 433-7766‬

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

2499 S Palm Canyon, Palm Springs, California 92264 home-pic-0
ACTIVE$1,150,000$1,496/sqft
Est. Value: $1,332,029
15%
BelowEstimate
2499 S Palm Canyon, Palm Springs, California 92264
0Bed
0Bath
1,496Sqft
18,295Lot

Price Vs. Estimate

The estimated value ($1,332,028.75) is $182,028.75 (15%) 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 Property: Despite a long-term renewal until 2080, the property is on leased land rather than fee simple ownership, which can affect financing options and long-term appreciation compared to owned land.

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: Despite being built in 1971, this property has undergone extensive, high-quality renovations that make it feel virtually new. The kitchen features modern stainless steel appliances, sleek cabinetry, and contemporary countertops. Both bathrooms are spa-inspired with updated fixtures, stylish tiling, and modern vanities. The flooring throughout is a modern, durable dark finish, and the overall aesthetic is cohesive and current, blending mid-century charm with contemporary luxury. The addition of owned solar panels and a battery further enhances its modern appeal and efficiency. There are no visible signs of deferred maintenance, and all updated components meet current quality standards.
Year Built
1971
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$769
HOA
-
Days on market
-
Sold On
-
MLS number
NP25280514
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
Despite being built in 1971, this property has undergone extensive, high-quality renovations that make it feel virtually new. The kitchen features modern stainless steel appliances, sleek cabinetry, and contemporary countertops. Both bathrooms are spa-inspired with updated fixtures, stylish tiling, and modern vanities. The flooring throughout is a modern, durable dark finish, and the overall aesthetic is cohesive and current, blending mid-century charm with contemporary luxury. The addition of owned solar panels and a battery further enhances its modern appeal and efficiency. There are no visible signs of deferred maintenance, and all updated components meet current quality standards.
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: A unique and notable Mid-Century modern retreat, rumored to be the original clubhouse, featuring a dramatic 8-beamed umbrella ceiling and clerestory windows, offering undeniable Palm Springs style.
Exceptional Outdoor Living & Views: An impressive private backyard oasis with a pool, spa, shaded gazebo, gas firepit, and lush palms, set against breathtaking hillside and mountain views, perfect for resort-style living.
Income Potential & Turnkey Ready: The property boasts a notable Airbnb history and is offered fully furnished and turnkey, equipped with luxury-comfort beds, smart TVs, and a fully stocked kitchen, ready for immediate use or rental.
Energy Efficiency & Long-Term Lease: Enhanced by 32 OWNED solar panels and a 10kWh battery, significantly offsetting electricity costs, and benefiting from a renewed land lease that does not expire until 2080.
Prime Location & Privacy: Situated at the base of the mountain in Indian Canyons, offering privacy and just minutes from downtown Palm Springs, Murray Canyon hiking trails, and the new Palm Springs Surf Club.

Cons

Land Lease Property: Despite a long-term renewal until 2080, the property is on leased land rather than fee simple ownership, which can affect financing options and long-term appreciation compared to owned land.
Age of Property: Built in 1971, the property is over 50 years old. While updated, the core structure and systems may require ongoing maintenance or future capital expenditures not explicitly detailed.
Unspecified Cooling System: The description does not explicitly mention a central air conditioning system, which could be a significant drawback in the Palm Springs climate, especially for a property marketed for comfort and rental.
Browse Properties by State Browse housing market trends by state