422 N Farrell Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
ACTIVE$1,185,000
422 N Farrell Drive, Palm Springs, California 92262
3Beds
3Baths
2,186Sqft
11,325.6Lot
Price Vs. Estimate
The estimated value ($1,061,302.08) is $123,697.92 (10%) lower than the list price ($1,185,000). This property may be overpriced.
Key pros and cons
Top Pros:
Historical & Architectural Significance: A unique mid-century home custom-built in 1958 for Milton Jones, founder of Palm Springs Life magazine, offering distinct architectural appeal.
Top Cons:
Sold 'As-Is' Condition: The property is sold in 'as-is' condition, which may imply a need for buyer-funded repairs, renovations, or updates.
Compared to the nearby listings
Price:$1.19M vs avg $925.0K (+$260,000)67%
Size:2,186 sqft vs avg 2,100 sqft51%
Price/sqft:$542 vs avg $49159%
More Insights
Built in 1958 (67 years old).
Condition: This 1958 mid-century home is well-maintained and features updated elements like a modern kitchen with stainless steel appliances, recessed lighting, and newer carpeting in living areas. However, at least one bathroom (as seen in Image 9) retains its original or very outdated fixtures and tile (peach/pink tub), indicating it has not been extensively renovated recently. The 'sold as-is' clause also suggests some deferred maintenance or a lack of full, recent upgrades. While move-in ready, the outdated bathroom signifies that minor updates are required to bring the entire property to a consistent modern standard, aligning it with the 'Fair' condition criteria.
Year Built
1958
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$542
HOA
-
Days on market
-
Sold On
-
MLS number
P1-23043
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)
About this home
Unique architectural mid-century home. A sleek and linear structure, custom built for the founder of Palm Springs Life magazine, Milton Jones, in 1958. This fully furnished, turnkey, 3 bedroom, 2.5 bath property boasts over 2,100 sqft. of loft-like living space with an original kidney-shaped pool. Tons of room for an additional ADU or an easy conversion of the 2-car carport. All furnishings are included in the sale. Move in ready! Property is sold as-is.
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•1.3mi
4/10
Raymond Cree Middle School
Public,•6-8•1.5mi
6/10
Palm Springs High School
Public,•9-12•0.7mi
4/10
Desert Learning Academy
Public,•K-12•0.9mi
Condition Rating
Fair
This 1958 mid-century home is well-maintained and features updated elements like a modern kitchen with stainless steel appliances, recessed lighting, and newer carpeting in living areas. However, at least one bathroom (as seen in Image 9) retains its original or very outdated fixtures and tile (peach/pink tub), indicating it has not been extensively renovated recently. The 'sold as-is' clause also suggests some deferred maintenance or a lack of full, recent upgrades. While move-in ready, the outdated bathroom signifies that minor updates are required to bring the entire property to a consistent modern standard, aligning it with the 'Fair' condition criteria.
Pros & Cons
Pros
Historical & Architectural Significance: A unique mid-century home custom-built in 1958 for Milton Jones, founder of Palm Springs Life magazine, offering distinct architectural appeal.
Turnkey & Fully Furnished: The property is fully furnished and move-in ready, with all furnishings included, making it ideal for immediate occupancy or as a vacation rental.
Authentic Mid-Century Modern Design: Boasts a sleek, linear structure and an original kidney-shaped pool, embodying the highly sought-after mid-century modern aesthetic in Palm Springs.
ADU & Expansion Potential: Offers significant space for an additional Accessory Dwelling Unit (ADU) or an easy conversion of the 2-car carport, adding future value and flexibility.
Desirable Location & Mountain Views: Located in Central Palm Springs (Sunmor subdivision) with mountain views, enhancing its market appeal and lifestyle desirability.
Cons
Sold 'As-Is' Condition: The property is sold in 'as-is' condition, which may imply a need for buyer-funded repairs, renovations, or updates.
Age of Property & Systems: Built in 1958, the property's age suggests that major systems (e.g., electrical, plumbing, HVAC) may be original or require significant upgrades not explicitly mentioned.
Unspecified Cooling System: Given Palm Springs' hot climate, the description does not explicitly mention the presence or type of a cooling system (e.g., central air conditioning), which could be a significant comfort factor.