386 W Rosa Parks Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
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Palm Springs, California 92262
This Vibrant Mid-Century Masterpiece is a Strong Value Opportunity listed at $799,000—positioned well below the $808,024 Fair Market Value by 1%. This valuation gap offers $9,024 in Instant Equity for a property in Excellent Condition Rating. Featuring an Italian-imported chef’s kitchen, resort-style pool and spa, and unobstructed San Jacinto Mountain views, the home is served by the Palm Springs Unified district near Katherine Finchy Elementary. With high-yield potential as a turnkey vacation rental, this asset is perfectly suited for Short-Term Rental Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 386 W Rosa Parks Road Subject | $799,000* List Price | 3 | 3 | 1,834 | $441 | - |
A 190 W San Marco Way Sold | $819,900 | 3 | 2 | 1,912 | $429 | 0.5 mi |
B 504 W Sunview Avenue Sold | $699,000 | 3 | 2 | 1,620 | $431 | 0.2 mi |
C 505 E Molino Road Sold | $875,000 | 3 | 2 | 1,864 | $469 | 0.6 mi |
D 1132 Vista Sol Sold | $673,000 | 3 | 3 | 1,907 | $353 | 0.9 mi |
E 4365 Rambler Lane Sold | $760,000 | 3 | 4 | 2,367 | $321 | 0.5 mi |
F 139 Mustang Lane Sold | $805,000 | 3 | 2 | 1,846 | $436 | 0.5 mi |
G 378 West Rosa Parks Road Active | $699,000 List Price | 3 | 4 | 1,826 | $383 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1962 mid-century home has undergone an extensive, high-end professional renovation within the last few years, making it fully turn-key. The property features a chef's kitchen with Italian-imported cabinetry and black stainless steel appliances, spa-inspired bathrooms with dual vanities and walk-in showers, and brand-new desert landscaping with a modern pool and spa. All interior finishes, including the flooring, light fixtures, and the primary suite fireplace, meet current luxury standards with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1834.
The backyard serves as a private desert resort, featuring a new pool with a tanning shelf, a 16-foot outdoor bar, and breathtaking, unobstructed views of the San Jacinto Mountains.
This mid-century home is fully updated with designer finishes, including an Italian-imported chef’s kitchen, sleek black stainless appliances, and a rare oversized walk-in closet in the primary suite.
Located in the Desert Highland Gateway area, the property is situated in the north end of Palm Springs, which is frequently subject to higher wind speeds than the more sheltered southern neighborhoods.
The current list price of $849,000 is substantially lower than the 2022 sale price of $1.15M, suggesting recent market volatility or a correction that may concern appreciation-focused investors.
TURN-KEY and fully remodeled, this vibrant mid-century masterpiece is move-in ready and packed with style, views, and endless possibilities! The moment you step inside this 4 bedroom, 3 bathroom, nearly 1,900 SF home, modern design and sleek finishes welcome you at every corner. The open living room flows effortlessly into a chef's dream kitchen, complete with Italian-imported cabinets, black stainless steel appliances, quartz countertops, counter to ceiling white penny round tile backsplash, floating shelves, and a floor-to-ceiling pantry- perfect for cooking, entertaining, and showing off in style! Step outside and prepare to be amazed--this backyard is the ultimate desert playground! A covered patio with a 16-foot bar, built-in grill, and mini fridge makes entertaining a breeze, while the brand-new landscaping and hardscape frames a sparkling pool with raised spa and modern tanning shelf. And just wait until you see the jaw-dropping San Jacinto Mountain views! There's even a separate seating area with a gas fire pit, making this the ultimate hangout spot day or night. Back inside, the primary suite is cozy with a spacious seating area, show stopping fireplace and tons of natural light making this the perfect private retreat. The spa-inspired bathroom featuring a dual vanity, fully titled walk-in shower, and an oversized walk-in closet (a rare find in mid-century homes!). Plus, with direct access to the backyard, your morning coffee or evening unwind has never looked better. The 3 other guest bedrooms are just as nice and inviting for all of your family and friends. The game room is truly an added bonus to this home with 2 arcade consoles, foosball table, air hockey, and space to watch all of the big sporting events! And here's the kicker--this property isn't just gorgeous, it's a money-maker too. With peak season rental rates around $450 per night, it's the perfect high-performing short-term rental, vacation getaway, or forever home. This Palm Springs stunner has it ALL--style, views, and income potential. Don't wait... your dream lifestyle starts here!
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 3.9 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 1,834 | 1,909.5 | 43% |
| Lot Size | 8,276 | 9,583 | 43% |
| Price | $799.0K | $875.0K | 44% |
| Price per sq ft | $436 | $481 | 37% |
| Built year | 1962 | 1986 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 185 | 4% |
Mar 7, 2026
$799,000
$849,000
-6% Price Drop
Initial Listing
Feb 25, 2026
$849,000
Initial Listing
Sep 27, 2022
$1,150,000
Public Record
Feb 2, 2022
$380,000
Public Record
Feb 26, 2021
$290,000
Public Record
Nov 25, 2020
$240,000
Public Record