
Palm Springs, California 92262
This Modern Desert Estate is a Strong Value Opportunity, listed at $1,224,888—positioned well below the $1,316,529 Fair Market Value by 6%. This valuation gap provides $91,641 in Instant Equity. Boasting an Excellent Condition Rating, this 2016-built home features a chef's kitchen, 42 owned solar panels, and a detached guest casita perfect for rental income. With panoramic mountain views and a resort-style pool, it offers a sophisticated lifestyle near Vista Del Monte Elementary. This is an ideal acquisition for Owner-Occupants or Lifestyle Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2990 N Farrell Drive Subject | $1,224,888* List Price | 4 | 4 | 2,581 | $510 | - |
A 2922 N Farrell Sold | $935,000 | 3 | 3 | 2,075 | $451 | 0.1 mi |
B 1105 E Via Via San Michael Road Sold | $1,195,000 | 4 | 3 | 2,208 | $541 | 0.9 mi |
C 1658 Ava Court Sold | $1,300,000 | 3 | 3 | 2,432 | $535 | 0.6 mi |
D 2210 E Powell Road Sold | $875,000 | 4 | 2 | 1,856 | $471 | 0.2 mi |
E 2901 N Biskra Road Sold | $925,000 | 3 | 4 | 1,712 | $540 | 0.5 mi |
F 3010 N Farrell Drive Active | $1,100,000 List Price | 4 | 4 | 2,581 | $426 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this modern desert home is within the 10-year threshold for excellent condition. It features high-end contemporary finishes including polished concrete flooring, a chef's kitchen with quartz countertops and premium stainless steel appliances, and updated bathrooms with walk-in glass showers. The property is technologically advanced with 42 owned solar panels, smart LED lighting, and multi-zone high-efficiency HVAC systems, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 2581.
The property features 42 owned solar panels and a multi-zone high-efficiency HVAC system, providing significant utility savings and modern convenience alongside integrated smart LED lighting and CAT-5 wiring.
A fully separate casita with its own galley kitchen and full-size refrigerator offers exceptional versatility for multi-generational living, high-end guest hosting, or potential rental income.
The assigned middle and alternative schools have lower performance ratings (4/10), which may be a drawback for families prioritizing top-tier public education.
Located in the Desert Park Estates area of North Palm Springs, the property is situated in a corridor known for higher wind speeds compared to neighborhoods further south.
Step into this sophisticated home offering clean, unobstructed spaces and soaring ceilings. Polished concrete floors provide easy maintenance. Mountain views, especially in the main living area, are stunning. Hunter Douglas window blinds (remote-controlled in the main living area) are installed throughout the home. The home was completed with numerous custom finishes. Smart LED lighting appears throughout the home. High energy standards are present using efficient HVAC systems 2 zones in main house, and 1 split unit each in the Casita and garage plus 42 three-by-five-foot owned solar panels! The large chef's kitchen has plenty of counter space, plus a large island, all with quartz countertops. Stainless steel appliances are accented by a custom tile backsplash. Kitchen area lighting can create multiple moods and provide different entertaining options. Built-in CAT-5 wiring provides listening and viewing capability throughout the home. A large TV with the attached Sonos bar can provide audio entertainment throughout the home. The indoor laundry room is situated near the side entry door, close to the pool area convenient for drying those pool towels! The front covered patio, between the garage and the house, offers outdoor dining in the shade and entertaining poolside. The patio area in the rear is ideal for evening dining under the stars or sitting round the built-in fire pit with friends. Professional landscaping is featured in both the front and back yards. An oversized, 3-vehicle garage is large enough for your SUV or classic car. All full bathrooms feature walk-in glass and tile showers as well as grab bars for safety. The Casita, separated from the home and garage by the entrance gate, is ideal for family, guests, or rental, and features a galley kitchen with a full-size refrigerator. Need extra space to cook for larger gatherings or catering setups? You are set! Many additional features await your visit to your new home!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.8 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 4.0 | 2.0 | 72% |
| Square foot | 2,581 | 1,914 | 78% |
| Lot Size | 14,375 | 9,583 | 87% |
| Price | $1.22M | $875.0K | 71% |
| Price per sq ft | $475 | $481 | 48% |
| Built year | 2016 | 1987 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 184 | 1% |
Apr 1, 2026
$1,224,888
Initial Listing
Jun 16, 2017
$795,000
Public Record
May 5, 2015
$320,000
Public Record