38087 E Maracaibo Circle, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath
38087 E Maracaibo Circle
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 38087 E Maracaibo Circle, Palm Springs, California 92264 reveals a property with a current list price of $3,950,000, which is 5% above the estimated $3,758,480 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 38087 E Maracaibo Circle Subject | $3,950,000* List Price | 3 | 4 | 3,691 | $1,018 | - |
A 1013 Via Dia Sold | $3,250,000 | 3 | 4 | 3,510 | $926 | 0.5 mi |
B 3100 Goldenrod Lane Sold | $4,190,000 | 4 | 5 | 3,620 | $1,157 | 0.5 mi |
C 3096 Arroyo Seco Sold | $3,600,000 | 4 | 5 | 4,392 | $820 | 0.4 mi |
D 1049 Bella Vista Pending | $3,297,000 List Price | 3 | 4 | 3,510 | $939 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property has undergone a comprehensive net-zero renovation where every surface and system was addressed. It features high-end finishes such as Turkish limestone flooring, Brazilian quartzite countertops, and Thermador appliances. With brand-new 22-SEER HVAC systems, owned solar with a Tesla battery, and Level-5 smooth walls, the home meets the highest modern quality standards and shows no 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 = 15682, living area = 3691.
- Next-Generation Sustainability
This property is a rare net-zero, fossil-fuel-free residence featuring owned solar panels, a Tesla battery, and ultra-high-efficiency 22-SEER HVAC systems, offering maximum energy independence and environmental responsibility.
- Masterclass Renovation & Materials
The home boasts an uncompromising level of finish, including Turkish limestone flooring throughout, Brazilian quartzite countertops, Thermador appliances, and Level-5 smooth walls, ensuring a turnkey luxury experience.
CONSRISKS & DEFICIENCIES
- Market Price Positioning
Despite the extensive high-tech upgrades, the property is positioned at a premium price point for a 3-bedroom home, as evidenced by the recent $150,000 price reduction to align with market expectations.
- Modest School Ratings
The assigned public schools for this address have relatively average ratings (ranging from 4 to 6), which may be a consideration for families prioritizing top-tier educational districts.
About 38087 E Maracaibo Circle
A masterclass in comprehensive NET-ZERO renovation, sustainability, and refined design. This 3-bedroom, 3.5-bath residence delivers true NEXT-GENERATION living in an ULTRA-QUIET South Palm Springs setting. Upgraded from the roof down, this private home offers PEACE OF MIND, performance, and elevated aesthetics rarely found in a single offering. Defined by HIGH CEILINGS, exposed beams, and stunning Turkish limestone floors throughout 100% of the home, EVERY SURFACE and system has been addressed. Upgraded LEVEL-5 SMOOTH WALLS, new casings, and baseboards have been added throughout. 3M Security Film on windows resists breakage with 90% heat reflection and mirrored exteriors that enhance safety, comfort, and privacy. The kitchen includes custom-made wood cabinetry, Brazilian quartzite countertops, Thermador appliances including double ovens with microwave, convection cooking and dehydration settings, induction cooktop, dishwasher, refrigerator, wine refrigerator, and a 5-stage reverse osmosis drinking water system. Bathrooms have been rebuilt with custom-made wood cabinetry, stone counters, glass-enclosed showers with polished nickel Brizo water fixtures. The three ensuite bedrooms all feature custom walk-in build-outs. System upgrades include two 22-SEER heat pump HVAC systems with air scrubbing and UV air purification, two high-efficiency heat pump water heaters, whole-house water filtration and softening. The pool has also been refreshed for efficiency. Home systems are easily operated by mobile device, allowing for the most efficient use of energy while maintaining comfort and peace of mind. The home is 100% solar electric with new owned solar panels and a Tesla battery. Additionally, the gas service and meter have been removed, making operation of the home truly fossil-fuel-free. Dual-type electric vehicle charging stations are included.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 15,682 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $271.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 2.6 mi
Raymond Cree Middle School
Grades 6-8 • 5.1 mi
Desert Learning Academy
Grades K-12 • 3.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 54% |
| Square foot | 3,691 | 2,319.5 | 91% |
| Lot Size | 15,682 | 10,454 | 87% |
| Price | $3.95M | $1.44M | 97% |
| Price per sq ft | $1.1K | $608 | 96% |
| Built year | 1989 | 1972 | 67% |
| HOA | $271.0 | $0 | 88% |
| Days on market | 33 | 163 | 3% |
Pricing History
Listed for Sale
Feb 28, 2026
$3,950,000
$4,100,000
-4% Price Drop
Initial Listing
Price Change
Feb 2, 2026
$4,100,000
Initial Listing
Sold
Oct 1, 2010
$525,000
Public Record
Sold
Mar 3, 2006
$960,000
Public Record