2900 N Cypress Road, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 3 bath
2900 N Cypress Road
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 2900 N Cypress Road, Palm Springs, California 92262 reveals a property with a current list price of $975,000, which is 4% above the estimated $935,200 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2900 N Cypress Road Subject | $975,000* List Price | 5 | 3 | 2,189 | $427 | - |
A 2890 E San Marino Road Sold | $697,000 | 3 | 2 | 1,687 | $413 | 0.8 mi |
B 2910 N Bahada Road Sold | $699,000 | 3 | 2 | 1,587 | $440 | 0.1 mi |
C 1804 N Nogales Way Sold | $718,000 | 3 | 2 | 1,892 | $379 | 0.8 mi |
D 796 E Racquet Club Road Sold | $1,082,500 | 4 | 3 | 2,270 | $477 | 0.9 mi |
E 2990 N Biskra Road Active | $1,149,000 List Price | 4 | 3 | 2,602 | $442 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2003, this property falls within the 10-20 year age bracket for a 'good' rating. The home appears well-maintained and move-in ready, featuring a desirable 5-bedroom layout including a versatile detached casita. While the finishes likely reflect the original construction period rather than a recent high-end renovation, the property offers functional systems, a 3-car garage, and mature landscaping with no immediate signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10454, living area = 2189.
- Versatile Detached Casita
The oversized casita includes its own living room, kitchenette, and private entrance, offering exceptional flexibility for multi-generational living, a home office, or high rental income potential.
- Rare 5-Bedroom Configuration
Finding a five-bedroom home in Palm Springs at this price point is uncommon, providing significant value and space for large families or groups without the typical premium cost.
CONSRISKS & DEFICIENCIES
- Wind-Prone Location
Situated in the North End of Palm Springs, the property is in a corridor known for higher wind speeds, which may impact outdoor comfort compared to southern neighborhoods.
- Moderate School Ratings
The assigned public schools carry average ratings (4-6), which could be a drawback for families prioritizing top-tier educational performance in their home search.
About 2900 N Cypress Road
Tucked away on a lush corner lot in Desert Park Estates, this five bedroom, three bathroom property offers space, privacy, and versatility in the heart of Palm Springs. Surrounded by mature trees and layered greenery, the home enjoys a serene, garden like setting rarely found in the desert. A private front gate opens to a tranquil courtyard, creating a warm and welcoming entry to the main residence, which features four bedrooms and two bathrooms with comfortable gathering spaces and an easy indoor outdoor flow. A private, oversized casita adds exceptional flexibility, complete with its own living room, kitchenette, bedroom and bath, ideal for guests, extended family, rental potential or a dedicated work from home retreat. The property is further enhanced by a 3 car garage, offering ample space for vehicles, storage or recreational toys. Five bedroom homes in Palm Springs are not often available at this price point, making this a compelling opportunity for those seeking additional space without compromising location or privacy. No HOA and you own the land.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 0.9 mi
Katherine Finchy Elementary School
Grades K-5 • 1.5 mi
Raymond Cree Middle School
Grades 6-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,189 | 1,964 | 57% |
| Lot Size | 10,454 | 9,583 | 65% |
| Price | $975.0K | $900.0K | 58% |
| Price per sq ft | $445 | $477 | 39% |
| Built year | 2003 | 1989 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 179 | 1% |
Pricing History
Listed for Sale
Feb 20, 2026
$975,000
Initial Listing
Sold
Apr 28, 2023
$805,000
Public Record
Sold
Apr 28, 2023
$743,000
Public Record
Sold
Jul 31, 2002
$220,000
Public Record
Sold
Jul 23, 2001
$20,000
Public Record