2997 E Alta Loma Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath

2997 E Alta Loma Drive, Palm Springs, California 92264 home-pic-0

2997 E Alta Loma Drive

Palm Springs, California 92264

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
2,045Sq Ft
9,583Lot Size

Property Price

LIST PRICE$1,345,000
EST. MARKET VALUE
$1,484,459
9% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$1,484,459 +$139,459 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2997 E Alta Loma Drive
Subject
$1,345,000*
List Price
332,045$726-
A
1911 Torchlight Lane
Sold
$1,415,000332,412$5870.7 mi
B
2994 Guadalupe Road
Sold
$1,385,000341,830$7570.2 mi
C
3534 Las Pampas Way
Sold
$1,280,000321,532$8360.3 mi
D
1177 S Farrell Drive
Sold
$1,265,000321,560$8110.3 mi
E
2517 E Mesquite Avenue
Sold
$1,235,000321,560$7920.4 mi
F
2964 E Orella Circle
Active
$1,195,000
List Price
331,772$6740.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1975, the property has undergone extensive high-end renovations within the last 5 years, as evidenced by the modern kitchen, updated bathrooms, and premium outdoor living space. The home features contemporary upgrades including a 24-panel owned solar system, EV charging station, whole-house water filtration, and a sophisticated outdoor kitchen. All major systems and aesthetic components meet current luxury standards with no 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 = 9583, living area = 2045.

  • Premier Outdoor Oasis

    The property features a sophisticated backyard retreat with a pool, spa, misting system, and a fully equipped outdoor kitchen, all set against sweeping mountain views.

  • Sustainable Energy Features

    Equipped with a 24-panel owned solar system and a 220-volt EV charging outlet, this home offers significant energy savings and modern convenience for eco-conscious buyers.

CONSRISKS & DEFICIENCIES

  • Rental Restrictions

    Short-term rentals are strictly prohibited in this community, which may deter investors looking for vacation rental income in the popular Palm Springs market.

  • Mid-Century Era Infrastructure

    Originally built in 1975, the property may require ongoing attention to vintage infrastructure components despite its modern surface upgrades and stylish presentation.

About 2997 E Alta Loma Drive

Welcome to your ultimate Palm Springs escape. This stylish 3-bedroom, 3-bath home sits on a spacious corner lot with sweeping mountain views and a light-filled, airy living room that instantly sets the mood. Striking entry doors create a memorable first impression, while seamless indoor-outdoor living invites you to relax, entertain, and enjoy the desert lifestyle to the fullest.Step into the backyard and discover your own private oasis--complete with a sparkling pool and spa, covered patio with misting system, and a fabulous outdoor kitchen designed for hosting. Fire up the grill or the iconic blue Big Green Egg and savor unforgettable evenings under the stars. Inside, thoughtful upgrades include a whole-house water filtration system, laundry in the garage with direct access to the home, and a 220-volt outlet ready for EV charging. A 24-panel owned solar system powers the home efficiently, offering both sustainability and significant energy savings.Residents enjoy a private neighborhood park with tennis and pickleball courts, all just minutes from the dining, shopping, and vibrant energy of the Village of Palm Springs. Sophisticated and fun, this home is the perfect desert retreat. Note: Short Term Rentals are not allowed in this community.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1975
Lot Size
9,583 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$90.0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Cahuilla Elementary School

Grades K-5 • 1.5 mi

4/10

Raymond Cree Middle School

Grades 6-8 • 2.9 mi

4/10

Desert Learning Academy

Grades K-12 • 0.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,0452,303.5
36%
Lot Size9,58310,236.5
45%
Price$1.34M$1.43M
46%
Price per sq ft$658$608
60%
Built year19751972
55%
HOA$90.0$0
71%
Days on market39163
3%

Pricing History

Listed for Sale

Jan 27, 2026

$1,345,000

Initial Listing

Sold

Aug 4, 2021

$1,225,000

Public Record

Sold

Jul 16, 2019

$620,000

Public Record

Sold

Jan 2, 2013

$100,000

Public Record

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