3060 N Farrell Drive, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 3 bath

3060 N Farrell Drive
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 3060 N Farrell Drive, Palm Springs, California 92262 reveals a property with a current list price of $725,000, which is 11% above the estimated $651,152 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3060 N Farrell Drive Subject | $725,000* List Price | 4 | 3 | 2,016 | $323 | - |
A 2207 N Viminal Road Sold | $650,000 | 4 | 4 | 1,904 | $341 | 0.6 mi |
B 2100 Nicola Road E Sold | $555,000 | 3 | 3 | 1,541 | $360 | 0.7 mi |
C 2643 E Venetia Road Sold | $599,900 | 3 | 2 | 1,550 | $387 | 0.5 mi |
D 1840 E Joyce Active | $730,000 List Price | 4 | 2 | 1,584 | $461 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Marketed as a 'toolbox special,' this 1965 property has been held by the same owner for over 50 years and requires a comprehensive interior rehabilitation. While the listing notes maintained mechanical systems (roof, A/C), the kitchen, bathrooms, flooring, and fixtures are severely outdated and require substantial modernization to meet current living standards.
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 = 14375, living area = 2016.
- Expansive Lot & Development Potential
The oversized 1/3-acre lot provides significant space for an ADU, pool, or custom landscaping, offering rare value-add potential in a growing neighborhood.
- Maintained Core Systems
Despite being a fixer-upper, the property features well-maintained mechanicals including the roof, A/C, and heating systems, reducing the initial burden of essential repairs.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
Marketed as a 'toolbox' special, the home requires a comprehensive overhaul to modernize its 1965 original condition and meet current market standards.
- Dated Interior Condition
Held by the same owner for over 50 years, the interior likely requires a full cosmetic transformation to address decades of wear and outdated design elements.
About 3060 N Farrell Drive
Bring your toolbox! Investment home with serious potential! Let your imagination drift beneath blue desert skies and picture the possibilities. Built in 1965 and lovingly held by the same owner for over 50 years, this spacious retreat rests on an expansive 1/3-acre lot, offering four bedrooms, three full baths, and breathtaking mountain views that feel uniquely Palm Springs.The generous grounds invite inspiration design a dreamy outdoor oasis, add an ADU, create lush gardens, or craft the ultimate poolside entertaining space. With solid mechanicals already well maintained (A/C, heat, roof and more), the foundation is set for transformation. All that's missing is your vision and a touch of love to elevate this classic into a true desert showpiece.Located in the evolving neighborhood of Desert Park Estates, the area is blossoming with new energy and investment. Just to the east, the upcoming Serena Park will introduce estate homes, condominiums, and beautiful green spaces, while nearby Miralon continues to expand with modern luxury living.Whether you envision a weekend escape or a full-time desert haven, this is an affordable opportunity to create something truly magical in Palm Springs.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 14,375 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 • 1.2 mi
Katherine Finchy Elementary School
Grades K-5 • 1.8 mi
Raymond Cree Middle School
Grades 6-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,016 | 1,964 | 51% |
| Lot Size | 14,375 | 9,583 | 87% |
| Price | $725.0K | $895.0K | 30% |
| Price per sq ft | $360 | $477 | 24% |
| Built year | 1965 | 1989 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 179 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$725,000
Initial Listing



