2780 N Girasol Avenue, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This property represents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well below the $750,000 Fair Market Value by 20%. This valuation gap offers $150,000 in Instant Equity for a strategic Value-Add renovation. Despite a Condition Rating of 5 requiring a total overhaul, the 17,860 sq ft lot in Chino Canyon features Panoramic Mountain Views within the Palm Springs Unified district. This asset is a high-reward project for Fix-and-Flip Investors or Contractors seeking significant ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2780 N Girasol Avenue Subject | $600,000* List Price | 3 | 2 | 1,354 | $554 | - |
A 2410 N Starr Road Sold | $599,900 | 3 | 2 | 1,225 | $490 | 1.0 mi |
B 2780 N Girasol Avenue Active | $575,000 List Price | 3 | 2 | 1,354 | $425 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in original 1977 condition and requires a complete gut renovation to meet modern standards. The kitchen features obsolete harvest-gold appliances, dated wood cabinetry, and worn vinyl flooring. Throughout the home, there is significant physical depreciation including aged shag carpeting, popcorn ceilings, and original fixtures. The listing description itself identifies the property as a 'project' and suggests a 'complete update,' indicating that the primary value lies in the large lot and location rather than the current state of the improvements.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 1354.
Situated in the prestigious Chino Canyon/Little Tuscany area, the property is surrounded by multi-million dollar estates, ensuring strong equity potential and significant underlying land value.
The lot offers stunning, unobstructed panoramic views of the San Jacinto Mountains, providing a dramatic and highly desirable backdrop for a luxury desert residence.
The current 1977 structure likely requires a complete update or total overhaul to meet the standards of the surrounding neighborhood, necessitating a large capital budget.
The 'Tenants in Common' ownership status may introduce complexities in negotiations or the closing process compared to a standard single-owner sale.
New Price for this .41 acres is easily adaptable to expansion of the current residence or perhaps a complete update. When you are in the rear yard and looking back at the house, the views of the mountains are stunning! I can picture floating on a raft in a future pool sipping on a cool drink and looking up at the majesty of San Jacinto! Multi-million dollar neighboring properties to the west, at the base of the Tram, show the significant value in the land, that is evident throughout this Chino Canyon / Little Tuscany area of North Palm Springs. Why not make it your 2026 project and home! Please Note: Sellers are Tenants in Common.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 1.5 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,354 | 1,909.5 | 15% |
| Lot Size | 17,860 | 9,583 | 95% |
| Price | $600.0K | $875.0K | 19% |
| Price per sq ft | $443 | $481 | 40% |
| Built year | 1977 | 1986 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 185 | 13% |
Mar 26, 2026
$600,000
Initial Listing
Feb 2, 2026
$750,000
Initial Listing