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291 W Lilliana Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath

291 W Lilliana Drive, Palm Springs, California 92264 home-pic-0
ACTIVE UNDER CONTRACT$1,400,000
291 W Lilliana Drive, Palm Springs, California 92264
3Beds
4Baths
3,652Sqft
20,038Lot

Price Vs. Estimate

The estimated value ($1,201,224.81) is $198,775.19 (14%) lower than the list price ($1,400,000). This property may be overpriced.

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 = 20038, living area = 3652.
Top Cons:
Age and Condition Requiring Modernization: Built in 1951, the property, despite a newer addition, likely requires significant modernization and updates to its vintage sections to meet contemporary luxury standards and efficiency expectations.

Compared to the nearby listings

Price:$1.40M vs avg $1.28M (+$118,000)55%
Size:3,652 sqft vs avg 2,178 sqft94%
Price/sqft:$383 vs avg $5919%

More Insights

Built in 1951 (74 years old).
Condition: Built in 1951, this property, despite a 'newer addition,' features highly outdated interiors. The kitchen has old cabinets, worn countertops, and mixed appliances. All bathrooms are extremely dated, with original or very old tiles, vanities, and fixtures (notably the pink bathroom). Flooring consists of dated white tiles and worn carpets. The property requires substantial rehabilitation and modernization, as indicated by the listing description itself, which refers to it as a 'canvas' requiring 'substantial capital investment' to be 'restored, refreshed, or reimagined entirely.' While the structure appears sound, the living spaces are uncomfortable and very outdated, necessitating a complete overhaul.
Year Built
1951
Close
-
List price
$1.4M
Original List price
$1.5M
Price/Sqft
$383
HOA
-
Days on market
-
Sold On
-
MLS number
219134807DA
Home ConditionPoor
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Situated on a gated parcel in the coveted Mesa neighborhood, this expansive property offers nearly half an acre (.46 acres) on a cul-de-sac with breathtaking mountain views, pool, spa, and endless potential. The residence spans over 3,600 square feet and combines vintage Palm Springs character with a newer addition featuring a dramatic great room and an oversized four-car garage.The flexible layout includes multiple living areas, generous bedrooms, and an older detached garage that could be reimagined as a casita, studio, or guest retreat. With its substantial footprint and prime lot, this property provides options: move in and update gradually, or take advantage of the site's size and location to create a truly extraordinary estate.The Mesa is one of Palm Springs' most desirable enclaves, celebrated for its historic charm, unique architecture, and proximity to downtown dining, shopping, and entertainment. Few opportunities arise to acquire a property of this scale with views, and versatility.Whether restored, refreshed, or reimagined entirely, this home presents a rare chance to craft your dream desert retreat. Offered at $1.5M, it represents an incredible canvas in a setting where neighboring homes trade well above that! Don't miss the chance to make this special property your own.

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•1.2mi
4/10
Raymond Cree Middle School
Public,•6-8•3.6mi
4/10
Desert Learning Academy
Public,•K-12•2.2mi
6/10
Palm Springs High School
Public,•9-12•2.5mi
Condition Rating
Poor
Built in 1951, this property, despite a 'newer addition,' features highly outdated interiors. The kitchen has old cabinets, worn countertops, and mixed appliances. All bathrooms are extremely dated, with original or very old tiles, vanities, and fixtures (notably the pink bathroom). Flooring consists of dated white tiles and worn carpets. The property requires substantial rehabilitation and modernization, as indicated by the listing description itself, which refers to it as a 'canvas' requiring 'substantial capital investment' to be 'restored, refreshed, or reimagined entirely.' While the structure appears sound, the living spaces are uncomfortable and very outdated, necessitating a complete overhaul.
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 = 20038, living area = 3652.
Prime Location & Desirable Neighborhood: Situated in 'The Mesa,' one of Palm Springs' most coveted and desirable enclaves, known for its historic charm, unique architecture, and proximity to downtown amenities.
Significant Development Potential: Offers nearly half an acre on a cul-de-sac, providing a substantial footprint and an 'incredible canvas' for extensive renovation, expansion, or reimagining into an extraordinary estate, including potential for a casita from the detached garage.
Breathtaking Views & Resort-Style Amenities: Boasts breathtaking mountain views, complemented by a private pool and spa, enhancing the desert retreat experience.
Generous Size & Flexible Layout: Spans over 3,600 square feet with multiple living areas, generous bedrooms, and an oversized four-car garage, offering ample space and a flexible floor plan.
Value Proposition: Offered at $1.4M, the property is positioned as an 'incredible canvas' in a setting where neighboring homes trade well above this price, suggesting strong potential for appreciation post-renovation.

Cons

Age and Condition Requiring Modernization: Built in 1951, the property, despite a newer addition, likely requires significant modernization and updates to its vintage sections to meet contemporary luxury standards and efficiency expectations.
Substantial Capital Investment Required: Presented as a 'canvas' with 'endless potential,' buyers should anticipate a significant additional financial investment beyond the purchase price for necessary renovations, updates, or a complete reimagining.
Potential for Disjointed Design: The combination of 'vintage Palm Springs character with a newer addition' could result in architectural inconsistencies or a less cohesive design flow between the older and newer sections, which may require careful integration.

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