
Palm Springs, California 92264
This Reimagined Turnkey Residence is a Strong Value Opportunity, listed at $949,000—positioned well below the $965,445 Fair Market Value by 1%. This valuation gap offers $16,445 in Instant Equity. Boasting a Condition Rating of 2, the property features a "down to the studs" reconstruction with cathedral ceilings, Tesla solar, and a private lap pool with mountain views. With a separate entrance for high-yield rental potential, it balances luxury with income logic. This is an elite choice for Owner-Occupants or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3864 E Calle San Raphael Subject | $925,000* List Price | 3 | 3 | 2,210 | $423 | - |
A 1731 San Sebastian Court Sold | $789,000 | 3 | 4 | 2,108 | $374 | 1.0 mi |
B 3940 E Calle San Antonio Active | $829,900 List Price | 3 | 2 | 1,699 | $488 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a comprehensive 'down to the studs' reconstruction, effectively functioning as a new build. It features high-end modern finishes including a chef's kitchen with premium stainless steel appliances, terrazzo-style island countertops, and designer light fixtures. All major systems—including the roof, HVAC, 200-amp electrical panel, and plumbing—are new. The interior boasts soaring cathedral ceilings, large-format tile flooring, and contemporary bathrooms with designer tiling and fixtures, representing the highest quality of turnkey condition with no deferred maintenance.
Unlike a standard cosmetic flip, this home was taken down to the studs with all-new framing, roof, plumbing, and 200-amp electrical, offering a rare 'no projects' turnkey experience.
The flexible floor plan includes a private en-suite with a separate entrance, contributing to a projected gross annual rental income exceeding $100,000 in a high-demand short-term rental area.
The property features soaring cathedral ceilings for a sense of volume, a Tesla solar system for energy savings, and a large lap pool with stunning mountain views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2210, other record living area = 1800. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property's location near PSP International Airport may result in intermittent aircraft noise, which could be a drawback for noise-sensitive buyers.
At 6,534 square feet, the lot is relatively modest for a home of this caliber, potentially limiting additional yard space or privacy buffers around the pool area.
Not a flip--this home was fully rebuilt and reimagined by the sellers for their own long-term use before a relocation opportunity prompted their move. Taken down to the studs, the property underwent extensive structural and system upgrades including new framing, insulation, drywall, full roof replacement, plumbing, updated electrical with new 200-amp panel, HVAC systems, ducting, windows, doors, and exterior finish. Truly turnkey with no deferred maintenance--everything has been thoughtfully completed with quality and longevity in mind, offering a rare opportunity for buyers seeking a "no projects" property in Palm Springs. Soaring cathedral ceilings create a dramatic sense of volume and light, enhancing the open-concept design and indoor-outdoor flow. Suitable for immediate occupancy or rentalno downtime, no renovation period. Flexible floor plan includes a private en-suite with separate entrance, ideal for guests, multigenerational use, or optimizing rental configurations. Strong short-term rental demand in the area with projected gross annual income exceeding $100,000 based on comparable local rental performance and nearby active listings (buyer to verify). Outdoor living is enhanced with a large pool ideal for swimming laps, stunning mountain views, and a private setting designed for year-round enjoyment. Tesla solar system adds energy efficiency and long-term cost savings. Located near Demuth Park with 24 new pickleball courts currently under development, along with golf, downtown Palm Springs, and PSP International Airport--further strengthening both lifestyle appeal and rental demand drivers. Properties offering this level of renovation, system upgrades, and true turnkey condition are increasingly limited--this is a rare opportunity to secure a high-quality, income-capable home without the time, cost, or uncertainty of a renovation.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,210 | 2,266 | 46% |
| Lot Size | 6,534 | 10,019 | 25% |
| Price | $925.0K | $1.34M | 23% |
| Price per sq ft | $419 | $608 | 18% |
| Built year | 1946 | 1976 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 158 | 1% |
Apr 18, 2026
$925,000
$949,000
-3% Price Drop
Initial Listing
Mar 23, 2026
$949,000
Initial Listing
Nov 12, 2024
$605,000
Public Record
Jan 18, 2013
$172,000
Public Record
Dec 27, 1995
$60,000
Public Record