
Palm Springs, California 92262
This Updated Desert Residence is a Strong Value Opportunity, listed at $749,999—positioned well below the $763,341 Fair Market Value by 1%. This valuation gap provides $13,342 in Instant Equity for buyers. Boasting a Good Condition Rating, the home features a Granite Kitchen, Newer Pool, and Mountain Views on an Oversized 12,197 Sq Ft Lot. Near Katherine Finchy Elementary, it balances Leased Solar efficiency with a resort lifestyle. This is a premier choice for Owner-Occupants or Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2765 N Cerritos Road Subject | $730,000* List Price | 3 | 3 | 1,860 | $407 | - |
A 2405 E Bellamy Road Sold | $769,000 | 3 | 2 | 1,845 | $417 | 0.2 mi |
B 2910 N Bahada Road Sold | $699,000 | 3 | 2 | 1,587 | $440 | 0.1 mi |
C 2003 N Sandra Road Sold | $665,000 | 3 | 2 | 1,663 | $400 | 0.5 mi |
D 2940 N Cypress Road Sold | $522,000 | 3 | 2 | 1,320 | $395 | 0.1 mi |
E 2777 E San Juan Road Sold | $799,000 | 3 | 2 | 1,614 | $495 | 0.8 mi |
F 1834 N Hidalgo Way Sold | $754,900 | 3 | 2 | 1,872 | $403 | 0.7 mi |
G 2493 E Powell Road Active | $850,000 List Price | 3 | 3 | 1,819 | $467 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several significant functional updates including a newer pool, fire pit, and energy-efficient systems like leased solar with battery storage and a premium water filtration system. While the home was built in 1981, the kitchen has been updated with granite countertops, a glass mosaic backsplash, and modern GE appliances. Fresh interior and exterior paint further support a 'good' rating, as the home requires no immediate repairs despite not being a brand-new or fully high-end modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1860.
The oversized 12,197 sq ft lot features a newer pool, fire pit, and gated RV parking, offering exceptional space for desert entertainment and hobbyist storage.
Equipped with a solar panel system, battery backup, and a premium salt-free water filtration system, the home is optimized for sustainable and cost-effective desert living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
The solar panels and battery system are leased rather than owned, requiring the buyer to assume a contract which may impact monthly overhead and financing considerations.
Built in 1981, the property lacks the iconic mid-century modern aesthetic highly coveted in the Palm Springs market, which may limit its appeal to architectural enthusiasts.
Set on a generous lot, this inviting residence offers an easy blend of comfort, flexibility, and outdoor living--well-suited for full-time living or a relaxed desert retreat. The open layout allows the living spaces to flow naturally, creating a comfortable environment for everyday living and casual gatherings. A double-sided fireplace connects the main living areas, adding warmth and continuity to the home.This 3-bedroom, 3-bath home offers 1,860 sq ft of open-concept living on a 12,197 sq ft lot. The kitchen overlooks the pool, keeping indoor and outdoor living connected throughout the day. It features granite countertops with a glass mosaic backsplash, white cabinetry, a lazy Susan, and a pantry. Appliances include a GE French-door refrigerator with a water dispenser and a lower freezer drawer, providing practical functionality for everyday use.Two large primary bedrooms, plus a third bedroom, offer flexibility for guests or extended stays, complemented by three full bathrooms, an inside laundry room, and a washer and dryer. Recent updates include fresh interior and exterior paint, contributing to a move-in-ready feel.Designed for relaxed desert living, the backyard serves as a private retreat with a newer pool, fire pit, grass lawn, fruit trees, and a workshop shed, offering space to unwind, entertain, or enjoy outdoor hobbies.Additional highlights include gated RV parking, along with energy-efficient features such as leased solar panels, a battery system, and a HYGIA ECO Premium dual-tank, salt-free system for eco-friendly water conditioning and filtration throughout the home.Conveniently located near shopping and dining, and approximately 10 minutes from downtown Palm Springs.Call to schedule a private showing.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 1,860 | 1,909.5 | 45% |
| Lot Size | 12,197 | 9,583 | 81% |
| Price | $730.0K | $875.0K | 37% |
| Price per sq ft | $392 | $481 | 30% |
| Built year | 1981 | 1986 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 185 | 5% |
Apr 4, 2026
$730,000
$749,999
-3% Price Drop
Initial Listing
Mar 7, 2026
$749,999
$764,999
-2% Price Drop
Initial Listing
Feb 12, 2026
$764,999
Initial Listing
Jan 19, 2018
$350,000
Public Record
Feb 27, 2015
$288,000
Public Record