
Palm Springs, California 92264
This Income-Producing Desert Retreat is listed at $688,000, representing a stable acquisition positioned near its $653,227 Fair Market Value. Boasting a Move-In Ready Condition Rating, the property features a Heated Pool, San Jacinto Mountain Views, and significant capital improvements including a newer roof and HVAC system. Located in a rare Palm Springs pocket with No Short-Term Rental Cap and a proven Airbnb history, this fully furnished asset is optimized for immediate cash flow. This is an ideal opportunity for Short-Term Rental Investors or Second-Home Buyers seeking a turnkey lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3714 E Calle San Raphael Subject | $688,000* List Price | 3 | 2 | 1,314 | $497 | - |
A 925 S Nueva Vista Drive Sold | $650,000 | 3 | 2 | 1,328 | $489 | 0.2 mi |
B 942 S Paseo Dorotea Sold | $558,500 | 3 | 2 | 1,200 | $465 | 0.3 mi |
C 4038 E Paseo Luisa Sold | $515,000 | 3 | 2 | 1,118 | $461 | 0.2 mi |
D 888 S Calle Santa Cruz Sold | $805,000 | 3 | 3 | 1,317 | $611 | 0.4 mi |
E 957 S Paseo Dorotea Sold | $645,000 | 3 | 3 | 1,204 | $536 | 0.3 mi |
F 4114 E Calle San Raphael Pending | $599,999 List Price | 4 | 2 | 1,400 | $429 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1946, the property is move-in ready and has undergone significant system updates, including a newer roof, HVAC, water heater, and updated electrical and plumbing. The kitchen features a well-maintained 'retro' aesthetic with functional updates like a stainless steel dishwasher and subway tile backsplash. The overall condition is high due to consistent maintenance for its use as a successful short-term rental, and the major systems are within their expected lifespan.
Located in a rare Palm Springs neighborhood with no short-term rental permit cap and a proven Airbnb track record, this property is offered fully furnished for immediate income production.
The home boasts significant recent upgrades including a newer roof, HVAC, water heater, updated electrical and plumbing, and a refurbished heated pool with a new pump and filter system.
Situated on a premier corner lot in the wind-free South End, the property features stunning San Jacinto Mountain views and is directly across from the extensive recreational amenities of Demuth Park.
Located just two minutes from Palm Springs International Airport, the property is subject to significant aircraft noise which may detract from the quiet desert ambiance.
At approximately 1,300 square feet, the floor plan is densely configured to sleep nine guests across three bedrooms and a game room, which may feel cramped for those seeking a more spacious residential feel.
Nestled in the highly sought-after South End (no wind) Demuth Park neighborhood, this charming Palm Springs home offers the perfect blend of comfort, convenience, and investment potential. Ideally positioned on a premier corner lot, the property enjoys sweeping San Jacinto Mountain views from both the front of the home and the sun-filled backyard with gorgeous bougainvillea and a sparkling pool that sets the tone for relaxed desert living. Offering a little over 1300SF, the living room is anchored by a wood burning fireplace and picture window showcasing mountain views. There are 3 beds, 2 baths plus a large game room. House can sleep 9. The kitchen is darling with retro stove and hood (the old school gas burners are the best) and includes a dutch door to the backyard, a perfect ambiance to entertain guests! The property is being offered fully furnished, creating an effortless opportunity for immediate enjoyment or income production. Demuth Park is still under cap requirement for STR! Thoughtfully maintained and improved, the property includes a newer roof, new water heater, newer HVAC & water heater, updated electrical and plumbing, full irrigation, new 100ft of high privacy hedging and an upgraded heated pool with new pump, filter, and heater. Just 7 minutes to Palm Canyon Drive and all the cool hotels (The Parker, The Ace) celebrated dining, shopping, and premier golf, the location is unbeatable. 2 minutes from Palm Springs International Airport Across. Across the street is the coveted Tahquitz Creek / Demuth Park offering expansive green space, gorgeous views, pickle ball courts, dog parks, sports fields, playgrounds, and access to the CV Link, connecting you across the Coachella Valley for biking, walking, and recreation. This home has had a proven history of strong Airbnb revenue and is located in an area without a short-term rental permit cap presenting a rare investment opportunity in one of Palm Springs' most desirable neighborhoods. Seller intends to complete a 1031 exchange at no cost to buyer. Buyer to cooperate with seller's exchange. Property is occupied. Do not disturb. Shown by appt ONLY. No sign on property.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 2.9 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 | 1,314 | 2,266 | 9% |
| Lot Size | 6,098 | 10,019 | 22% |
| Price | $688.0K | $1.34M | 10% |
| Price per sq ft | $524 | $608 | 36% |
| Built year | 1946 | 1976 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 158 | 1% |
Mar 22, 2026
$688,000
Initial Listing
Aug 16, 2019
$333,000
Public Record
Jul 22, 1999
$100,000
Public Record