
Palm Springs, California 92264
This Spacious Desert Residence is a Strong Value Opportunity, listed at $785,000—positioned well below the $840,455 Fair Market Value by 6%. This valuation gap provides $55,455 in Instant Equity. Maintaining a Condition Rating of 3, the home features a modernized granite kitchen, leased solar, and unobstructed mountain views. Located on a quiet cul-de-sac in Los Compadres near Palm Springs High School, the oversized lot includes a built-in spa with significant room for a custom pool. This is an ideal acquisition for Owner-Occupants seeking a primary residence or Lifestyle Investors looking for a high-demand desert getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3175 E Loma Vista Circle Subject | $765,000* List Price | 3 | 2 | 1,659 | $470 | - |
A 1518 S La Brea Road Sold | $850,000 | 3 | 2 | 1,560 | $545 | 0.2 mi |
B 1592 S Compadre Road Sold | $792,000 | 2 | 2 | 1,644 | $482 | 0.2 mi |
C 925 S Nueva Vista Drive Sold | $650,000 | 3 | 2 | 1,328 | $489 | 0.6 mi |
D 677 S Highland Drive Sold | $750,200 | 4 | 3 | 1,934 | $388 | 0.6 mi |
E 942 S Paseo Dorotea Sold | $558,500 | 3 | 2 | 1,200 | $465 | 0.7 mi |
F 3841 E Camino Parocela Active | $950,000 List Price | 3 | 2 | 1,818 | $523 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several significant updates that elevate it above a 'fair' condition. The kitchen has been modernized with granite countertops, a matching island, and stainless steel appliances. The home also includes energy-efficient upgrades like leased solar and updated French doors. While the cabinetry and bathroom fixtures reflect a renovation style from approximately 10-15 years ago and some rooms retain older carpeting, the overall quality, cleanliness, and functional systems meet the criteria for a 'good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1659.
Situated in the highly desirable Los Compadres neighborhood on a quiet cul-de-sac, the property offers exceptional privacy and dramatic, unobstructed mountain views.
The home is equipped with a leased solar system, providing significant energy cost savings and enhanced efficiency in the desert climate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10890, other record lot size in square feet = 11325.
The property is located on leased land expiring in 2067, which may limit financing options and appeal to buyers strictly seeking fee-simple ownership.
Despite the spacious yard and spa, the absence of a full-sized swimming pool may require a significant immediate investment for buyers wanting a turnkey desert lifestyle.
Price Reduction, motivated seller! This is an exceptional opportunity to live in Los Compadres, one of South Palm Springs' most sought-after neighborhoods, celebrated for its wide streets, dramatic mountain views, and timeless desert character. This well-situated 3-bedroom, 2-bath home offers a bright, open layout designed for comfortable daily living and effortless entertaining, with natural light flowing throughout and seamless indoor-outdoor transitions that define the Palm Springs lifestyle.The interior features a flexible floor plan, including a bedroom thoughtfully converted into a dedicated office--ideal for remote work, creative pursuits, or easily accommodating guests. The living spaces open to a private backyard retreat where you'll find a built-in ground spa, unobstructed mountain views, and a peaceful setting perfect for relaxing under the desert sky. The yard also offers excellent potential for a future pool or expanded outdoor entertaining areas, allowing you to customize your own resort-style environment.Located on a quiet cul-de-sac, the home provides a sense of privacy and serenity rarely found in this central location. Additional benefits include leased solar, offering energy efficiency and cost savings.This home is also conveniently located a short distance from downtown Palm Springs, golf courses, dining, tourist attractions, and the Palm Springs International Airport. With potential for short-term rental use (buyer to verify with the City of Palm Springs), the property provides flexibility for both lifestyle- and investment-minded buyers--a combination of location, value, and the serene desert setting that defines South Palm Springs.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 3.2 mi
Grades K-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,659 | 2,266 | 22% |
| Lot Size | 10,890 | 10,019 | 59% |
| Price | $765.0K | $1.34M | 14% |
| Price per sq ft | $461 | $608 | 26% |
| Built year | 1978 | 1976 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 158 | 1% |
Apr 18, 2026
$765,000
$775,000
-1% Price Drop
Initial Listing
Apr 14, 2026
$775,000
$785,000
-1% Price Drop
Initial Listing
Mar 26, 2026
$785,000
Initial Listing
Jun 14, 2000
$234,000
Public Record