359 W Bon Air Drive, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 3 bath
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Palm Springs, California 92262
This Turnkey Mid-Century Home represents a Strong Value Opportunity, listed at $585,000, which aligns with its $585,000 Fair Market Value. Featuring an Excellent Condition Rating following a comprehensive remodel, the property includes a resort-style backyard with a pool, spa, and mountain views. With a proven short-term rental history and leased solar efficiency, this asset offers immediate income potential or a seamless transition for residents. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, low-maintenance property in a revitalizing neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 359 W Bon Air Drive Subject | $585,000* List Price | 4 | 3 | 1,440 | $406 | - |
A 461 W Palm Vista Sold | $540,000 | 4 | 2 | 1,284 | $421 | 0.1 mi |
B 481 W Sunview Sold | $657,000 | 4 | 2 | 1,318 | $498 | 0.2 mi |
C 490 W Palm Vista Drive Sold | $574,900 | 4 | 2 | 1,318 | $436 | 0.2 mi |
D 3757 El Dorado Boulevard Sold | $525,000 | 4 | 2 | 1,645 | $319 | 0.2 mi |
E 504 W Sunview Avenue Sold | $699,000 | 3 | 2 | 1,620 | $431 | 0.2 mi |
F 766 Flamingo Way Sold | $757,428 | 3 | 2 | 1,846 | $410 | 0.7 mi |
G 386 W Sunview Pending | $439,000 List Price | 4 | 2 | 1,352 | $325 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, this property has undergone a comprehensive remodel within the last 5 years, qualifying it for excellent status. The interior features a modern open-concept kitchen with updated cabinetry and stainless appliances, while the backyard was fully renovated in 2022 with a new pool, spa, and BBQ island. Systems are modernized with mini-split HVAC units and leased solar, making the home fully turnkey and maintenance-free.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1440.
This fully furnished, remodeled mid-century home features a strong short-term rental history and a versatile four-bedroom layout, making it an immediate income-generating asset or move-in-ready vacation home.
The property boasts a resort-style backyard completed in 2022, featuring a pool, spa, fire pit, BBQ island, and mountain views, perfectly capturing the Palm Springs lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1440, other record living area = 1200. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With over 70 days on the market and multiple price reductions from the original list price, the property may face perception issues regarding its initial valuation or neighborhood competition.
Fitting four bedrooms and three bathrooms into 1,440 square feet results in a high-density floor plan that may feel cramped to buyers prioritizing spacious indoor living areas.
Best STR value in the neighborhood at today's price. Buyers should act quickly, as this opportunity may not remain available for long. --- Welcome to 359 W Bon Air, located in one of the most desirable pockets of Desert Highland Gateway Estates, a neighborhood benefiting from ongoing revitalization and city investment. --- This turnkey, fully furnished, remodeled mid-century home offers four bedrooms, including two en-suite bedrooms, in an open-concept layout ideal for both everyday living and entertaining. The primary suite features a private entrance, providing added flexibility for guests or extended stays. --- The backyard, completed in 2022, is designed for outdoor enjoyment with a resort-style pool and spa, mountain views, fire pit, BBQ island, and multiple gathering spaces. Leased solar enhances efficiency. With a strong short-term rental history, this property presents an excellent opportunity as a primary residence, vacation home, or investment property.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 3.9 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,440 | 1,939 | 22% |
| Lot Size | 7,405 | 9,583 | 34% |
| Price | $585.0K | $875.0K | 18% |
| Price per sq ft | $406 | $485 | 32% |
| Built year | 1964 | 1986 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 180 | 12% |
May 19, 2026
$585,000
$595,000
-2% Price Drop
Initial Listing
Apr 2, 2026
$595,000
$615,000
-3% Price Drop
Initial Listing
Mar 19, 2026
$615,000
Initial Listing
Jan 8, 2021
$325,000
Public Record