367 Tamarisk Road, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 5 bath

367 Tamarisk Road, Palm Springs, California 92262 home-pic-0

367 Tamarisk Road

Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
5Beds
5Baths
3,504Sq Ft
18,295Lot Size

Property Price

LIST PRICE$2,995,000
EST. MARKET VALUE
$2,949,054

SUMMARY

Analysis of 367 Tamarisk Road, Palm Springs, California 92262 reveals a Fairly Priced Property with a current list price of $2,995,000  aligned with the estimated $2,949,054 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,949,054
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
367 Tamarisk Road
Subject
$2,995,000*
List Price
553,504$842-
A
783 N Rose Avenue
Sold
$3,695,000543,386$1,0910.8 mi
B
535 E Via Colusa
Sold
$2,295,000673,554$6460.2 mi
C
1297 Colony Way
Sold
$2,125,000343,440$6180.8 mi
D
371 W Stevens Road
Sold
$2,100,000452,899$7240.7 mi
E
1449 N Via Miraleste
Sold
$2,715,000442,962$9170.6 mi
F
509 E Via Colusa
Sold
$2,330,000342,336$9970.2 mi
G
550 N Arquilla Road
Active Under Contract
$2,550,000
List Price
453,365$7580.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1936, this property has undergone extensive and high-quality modern renovations, particularly in the kitchen and bathrooms, which appear virtually new with contemporary finishes, fixtures, and appliances. The description highlights 'recently renovated bathrooms' and a 'beautifully updated kitchen,' along with a 'newly constructed casita,' indicating significant recent investment. The overall aesthetic blends vintage charm with modern luxury, and all visible components are in excellent condition 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 = 18295, living area = 3504.

  • Prime Location & Historic Charm

    Ideally located in the heart of the historic Movie Colony, moments from Downtown Palm Springs, acclaimed restaurants, boutiques, and Ruth Hardy Park, offering a blend of prestige and convenience.

  • Architectural Integrity & Modern Updates

    An exquisite 1936 Spanish Colonial beauty, thoughtfully enhanced with modern upgrades in bathrooms and kitchen, while preserving timeless character, beamed ceilings, and authentic Saltillo tiles.

CONSRISKS & DEFICIENCIES

  • Price Reduction History

    The property has undergone multiple price reductions from its original list price of $3.125M to $2.995M, which may suggest initial overpricing or market resistance.

  • Age-Related System Concerns

    Despite modern upgrades, as a 1936 build, the property may still have original or older core systems (e.g., plumbing, electrical, foundation) not explicitly mentioned as fully replaced, potentially leading to future maintenance or upgrade costs.

  • Unspecified Cooling System

    The description does not mention the presence or type of a cooling system, which is a critical feature for comfort and energy efficiency in the Palm Springs desert climate.

About 367 Tamarisk Road

Welcome to this exquisite 1936 Spanish Colonial beauty, ideally located in the heart of the historic Movie Colony. Thoughtfully enhanced with modern upgrades while preserving its timeless character, this home offers the perfect blend of vintage charm and contemporary luxury. The recently renovated bathrooms have been reimagined with refined, modern finishes that complement the home's classic aesthetic, creating spaces that are both elegant and functional. The kitchen, beautifully updated, maintains its original character while offering today's conveniences. Beamed ceilings and deep red Saltillo tiles add warmth and authenticity, a hallmark of Spanish Colonial design. A newly constructed casita provides versatility for guests or extended stays, offering privacy and comfort. The backyard is a private desert retreat, featuring panoramic mountain views, a sparkling pool, an above-ground spa, a covered lounge with a classic brick firepit, and a dining area perfect for entertaining or relaxing under the stars. Set on an oversized corner lot surrounded by lush landscaping, citrus trees, and a privacy hedge, this home captures the essence of Palm Springs living. Just moments from Downtown Palm Springs, acclaimed restaurants, boutiques, and Ruth Hardy Park, this is an amazing opportunity to own a piece of Palm Springs history, reimagined for modern living.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1936
Lot Size
18,295 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Katherine Finchy Elementary School

Grades K-5 • 0.4 mi

7/10

Raymond Cree Middle School

Grades 6-8 • 0.9 mi

4/10

Palm Springs High School

Grades 9-12 • 1.8 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
95%
Baths5.03.0
95%
Square foot3,5041,964
96%
Lot Size18,2959,583
95%
Price$3.00M$900.0K
97%
Price per sq ft$855$478
92%
Built year19361989
2%
HOA$0$0
50%
Days on market150179
35%

Pricing History

Listed for Sale

Jan 3, 2026

$2,995,000

$3,050,000

-2% Price Drop

Initial Listing

Price Change

Dec 3, 2025

$3,050,000

$3,125,000

-2% Price Drop

Initial Listing

Price Change

Oct 8, 2025

$3,125,000

Initial Listing

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