
Palm Springs, California 92262
This Re-imagined Palm Springs Retreat is a Strong Value Opportunity, listed at $1,279,000—positioned well below the $1,376,358 Fair Market Value by 7%. This valuation gap provides $97,358 in Instant Equity. Boasting an Excellent Condition Rating, the turnkey furnished home features a chef’s kitchen, spa-inspired primary suite, and a resort-style yard with a pool and Bocce court. Located near Katherine Finchy Elementary, this asset balances high-end desert luxury with significant financial upside. It is an ideal acquisition for Owner-Occupants or Luxury Vacation Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 298 N Farrell Drive Subject | $1,279,000* List Price | 3 | 4 | 2,559 | $538 | - |
A 2451 Quincy Way Sold | $1,300,000 | 4 | 4 | 2,817 | $461 | 0.4 mi |
B 695 N Monterey Road Sold | $975,000 | 4 | 3 | 2,542 | $384 | 0.5 mi |
C 407 N Orchid Tree Lane Sold | $1,159,000 | 3 | 2 | 1,848 | $627 | 0.2 mi |
D 1387 E Verbena Drive Sold | $1,050,000 | 3 | 3 | 1,742 | $603 | 0.9 mi |
E 344 N Sunset Way Active | $1,100,000 List Price | 4 | 4 | 2,511 | $438 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the property has undergone a comprehensive and high-end renovation within the last year. It features a completely re-imagined chef's kitchen with custom rift oak cabinetry and natural stone surfaces, new flooring throughout, dual-paned windows, and updated spa-inspired bathrooms. The extensive improvements and premium contemporary finishes across all major systems and living spaces qualify it for an excellent condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 2559.
The property is offered fully furnished with professionally curated decor and art, providing a seamless, move-in-ready experience ideal for vacation home buyers or luxury rental investors.
Features a completely re-imagined chef’s kitchen with high-end appliances and a spa-inspired primary suite, reflecting a high standard of contemporary desert luxury and sophisticated design.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-05-22. The sold price is $750,000.00.
Located on N Farrell Drive, a primary street, the property may experience higher levels of traffic noise and reduced privacy compared to homes located on quieter interior neighborhood streets.
Set on a large corner lot in the Sunmor neighborhood of Palm Springs with three bedroom and four bathrooms and is FURNISHED, A walled front entry forecourt is your introduction to this thoughtfully re-imagined Palm Springs retreat. Spanning approximately 2,500 feet, the light filled interiors greet you with contemporary finishes that elevate the spaces with a fresh relaxed style, a warm pallet of pastels and professional curated decorative finishes, furnishings and art provide a relaxed sophisticated vibe and are offered with the home. Extensive improvements enhance both the interior and outdoor living spaces, with new floors providing a seamless foundation to the generously proportioned rooms, that include custom millwork, dual paned windows and French doors, custom tile and lighting. The completely re-imagined chef's kitchen is outfitted with high end appliances and features new custom cabinetry, fixtures, solid natural stone countertop and backsplash w task shelf, steps away informal meals can be enjoyed in the custom built-in upholstered banquette in rift oak with display shelving, an adjacent niche featuring an under counter wine cooler is a perfect platform for serving or bar.The primary suite features a spa-inspired bath with soaking tub, dual vanities, and glass block walled walk-in shower which have also been refinished. The grounds are thoughtfully re-imagined featuring native mature landscaping, a sparkling pool takes center stage, with a Bocce court, a hammock for an afternoon nap, an ample covered lanai features an open lattice and solid tongue and groove providing shade for extended entertaining. Centrally located in Palm Springs, capturing the essence of California desert living. This home is the perfect anecdote to your busy world. See Doc's tab for improvments.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 72% |
| Square foot | 2,559 | 1,914 | 78% |
| Lot Size | 13,504 | 9,583 | 86% |
| Price | $1.28M | $875.0K | 76% |
| Price per sq ft | $500 | $483 | 54% |
| Built year | 1970 | 1986 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 184 | 1% |
Apr 10, 2026
$1,279,000
Initial Listing
May 22, 2025
$750,000
Public Record
May 20, 2004
$525,000
Public Record