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

367 Tamarisk Road
Palm Springs, California 92262
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 367 Tamarisk Road Subject | $2,995,000* List Price | 5 | 5 | 3,504 | $842 | - |
A 783 N Rose Avenue Sold | $3,695,000 | 5 | 4 | 3,386 | $1,091 | 0.8 mi |
B 535 E Via Colusa Sold | $2,295,000 | 6 | 7 | 3,554 | $646 | 0.2 mi |
C 1297 Colony Way Sold | $2,125,000 | 3 | 4 | 3,440 | $618 | 0.8 mi |
D 371 W Stevens Road Sold | $2,100,000 | 4 | 5 | 2,899 | $724 | 0.7 mi |
E 1449 N Via Miraleste Sold | $2,715,000 | 4 | 4 | 2,962 | $917 | 0.6 mi |
F 509 E Via Colusa Sold | $2,330,000 | 3 | 4 | 2,336 | $997 | 0.2 mi |
G 550 N Arquilla Road Active Under Contract | $2,550,000 List Price | 4 | 5 | 3,365 | $758 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Raymond Cree Middle School
Grades 6-8 • 0.9 mi
Palm Springs High School
Grades 9-12 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 5.0 | 3.0 | 95% |
| Square foot | 3,504 | 1,964 | 96% |
| Lot Size | 18,295 | 9,583 | 95% |
| Price | $3.00M | $900.0K | 97% |
| Price per sq ft | $855 | $478 | 92% |
| Built year | 1936 | 1989 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 150 | 179 | 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













































































