418 E Via Colusa, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath

418 E Via Colusa, Palm Springs, California 92262 home-pic-0

418 E Via Colusa

Palm Springs, California 92262

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
4Baths
2,241Sq Ft
12,197Lot Size

Property Price

LIST PRICE$2,495,000
EST. MARKET VALUE
$2,495,000

SUMMARY

Estimated Market Value

$2,495,000
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
418 E Via Colusa
Subject
$2,495,000*
List Price
442,241$1,113-
A
797 W Via Vadera
Sold
$2,598,000332,146$1,2110.9 mi
B
823 N Topaz Circle
Sold
$2,400,000432,364$1,0150.8 mi
C
1148 N Rose Avenue
Sold
$2,407,500342,164$1,1131.0 mi
D
509 E Via Colusa
Sold
$2,330,000342,336$9970.1 mi
E
963 N Via Monte Vista
Sold
$2,160,000321,600$1,3500.8 mi
F
623 W Regal Drive
Active
$2,195,000
List Price
442,284$9610.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1935, the property has been exquisitely reimagined and extensively renovated within the last few years. It features a high-end chef's kitchen with professional-grade Thermador and Sub-Zero appliances, a modern waterfall island, and luxuriously remodeled bathrooms. With over $100,000 in recent upgrades including solar energy, designer paint, and new landscaping, the home is in like-new condition with 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 = 12197, living area = 2241.

  • Prime Location & Land Ownership

    Situated in the prestigious Movie Colony on fee-simple land with no HOA, this property offers both historical prestige and full ownership security in a high-demand Palm Springs neighborhood.

  • High-End Chef's Kitchen

    The kitchen is a luxury centerpiece featuring professional-grade Thermador and Sub-Zero appliances, dual dishwashers, and a striking waterfall island, perfect for high-end entertaining.

CONSRISKS & DEFICIENCIES

  • Significant Price Volatility

    The property has seen multiple price reductions totaling $500,000 since its initial listing, which may suggest initial overvaluation or a struggle to find its market value.

  • Mediocre School Ratings

    The assigned middle and high schools have relatively low ratings (4 and 6 respectively), which could be a drawback for families prioritizing top-tier public education.

About 418 E Via Colusa

Nestled in the iconic Movie Colony, this exquisitely reimagined single-level estate defines refined desert living. Offering both privacy and prestige, the residence is ideally located just moments from world-class dining, upscale shopping, and the vibrant energy of downtown Palm Springs. Behind dual entry gates, the home reveals an inviting blend of modern elegance and timeless character. With four bedrooms and three-and-a-half baths, including two primary suites with luxuriously appointed en suite bathrooms, every space has been curated for comfort and style. The grand open-concept living area exudes sophistication, featuring vaulted beamed ceilings, a dramatic stone fireplace, and French doors that open to the pool terrace, creating an effortless indoor-outdoor flow ideal for entertaining. The chef's kitchen is a true centerpiece, appointed with custom cabinetry, an 8-burner Thermador range, Sub-Zero refrigeration, dual dishwashers, and a striking waterfall island designed for both culinary artistry and social gathering. Step outside to your private resort-style sanctuary. Framed by unobstructed mountain vistas, the backyard showcases a sparkling pool, lush new landscaping, ambient lighting, and a sleek gas fire pitperfect for tranquil evenings beneath the desert sky. Recent upgrades, valued at over $100,000, include fresh designer paint, a remodeled guest bath, new fencing and gates, a solar energy system, and integrated Ring security cameras. Additional features include a two-car garage with epoxy flooring, ample guest parking, and an enclosed air-conditioned flex space ideal for a pool house, fitness studio, or creative workshop. Offered on fee-simple land with no land lease or HOA, this home is eligible for vacation rental use. Comparable Movie Colony properties generate $12,000 to $15,000 in seasonal rental income per month. A showcase of quality, craftsmanship, and location, this distinguished residence captures the essence of high-end Palm Springs living, where sophistication, serenity, and style converge.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1935
Lot Size
12,197 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Katherine Finchy Elementary School

Grades K-5 • 0.5 mi

7/10

Raymond Cree Middle School

Grades 6-8 • 1.0 mi

4/10

Desert Learning Academy

Grades K-12 • 1.6 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
70%
Baths4.03.0
70%
Square foot2,2411,964
59%
Lot Size12,1979,583
82%
Price$2.50M$900.0K
95%
Price per sq ft$1.1K$478
98%
Built year19351989
1%
HOA$0$0
50%
Days on market143180
32%

Pricing History

Listed for Sale

Feb 10, 2026

$2,495,000

$2,795,000

-11% Price Drop

Initial Listing

Price Change

Jan 30, 2026

$2,795,000

$2,895,000

-3% Price Drop

Initial Listing

Price Change

Dec 28, 2025

$2,895,000

$2,995,000

-3% Price Drop

Initial Listing

Price Change

Oct 16, 2025

$2,995,000

Initial Listing

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