38127 E Maracaibo Circle, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 5 bath
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Palm Springs, California 92264
This Turnkey Contemporary Residence represents a Strong Value Opportunity, listed at $2,250,000—positioned well below the $2,439,922 Fair Market Value by 7%. This valuation gap offers $189,922 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a designer kitchen, dual primary suites, and resort-style grounds with a PebbleTec pool and panoramic mountain views. While subject to a land lease, the high-end finishes and expansive lot provide a sophisticated lifestyle. This property is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a move-in-ready desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38127 E Maracaibo Circle Subject | $2,050,000* List Price | 4 | 5 | 3,432 | $651 | - |
A 900 Dogwood Circle E Sold | $1,825,000 | 3 | 3 | 4,030 | $453 | 0.4 mi |
B 1444 E Murray Canyon Drive Sold | $2,375,000 | 4 | 5 | 4,285 | $554 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property has been extensively reimagined and transformed with a high-end renovation likely completed within the last 5 years. It features a modern designer kitchen with Viking appliances, waterfall islands, and spa-inspired bathrooms with contemporary fixtures, placing it in mint condition.
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 = 3432.
Completely reimagined with high-end finishes, Viking appliances, and a designer waterfall island, offering a move-in-ready contemporary aesthetic with no compromises.
The expansive grounds feature a PebbleTec pool, koi pond, outdoor kitchen, and multiple covered patios set against breathtaking panoramic mountain views.
The property is located on leased land with annual payments of $6,236, which may affect financing options and long-term carrying costs compared to fee simple ownership.
The assigned local public schools have relatively low ratings (4 out of 10), which could be a drawback for families prioritizing high-performing educational districts.
**Major $200,000 Price Reduction!** Now offered at an exceptional new price in prestigious Parc Andreas, this completely reimagined Palm Springs contemporary residence delivers a level of design, craftsmanship, and desert lifestyle rarely found. Extensively transformed inside and out with absolutely no compromises, every finish, texture, and space was thoughtfully curated to create a home that feels both architecturally striking and inviting. Soaring open-concept living spaces, walls of glass, and panoramic mountain views create a seamless connection between indoors and out, filling the home with natural light and an incredible sense of scale. At the center of the home, the expanded designer kitchen features Viking appliances, custom cabinetry, dual built-in wine refrigerators, and a dramatic waterfall island designed for gathering and entertaining. The thoughtfully designed floor plan offers two private primary suites, spa-inspired bathrooms, expansive guest accommodations designed with privacy in mind, and multiple living spaces that balance comfort and connection. Every room was designed to capture the surrounding mountain views while maintaining a warm, modern aesthetic. Outside, the resort-style grounds rival a luxury retreat with multiple covered patios, a PebbleTec pool, outdoor kitchen, koi pond, outdoor shower, and multiple entertaining areas set against breathtaking mountain views in every direction. Situated on an extended land lease through 2081 with annual payments currently at just $6,236, this home offers an outstanding opportunity to own an exceptional luxury residence in one of Palm Springs' most sought-after gated communities. More than a renovation, this is a complete reinvention of modern desert living. Furnishings negotiable.
No exterior & parking available.
Grades K-5 • 2.6 mi
Grades 6-8 • 5.1 mi
Grades K-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,432 | 2,076 |
| Lot Size | 15,682 | 10,454 |
| Price | $2.05M | $1.04M |
| Price per sq ft | $597 | $525 |
| Built year | 1988 | 1977 |
| HOA | $271.0 | $332 |
| Days on market | 55 | 75 |
Jun 26, 2026
$2,050,000
$2,250,000
-9% Price Drop
Initial Listing
May 28, 2026
$2,250,000
Initial Listing