457 W Hermosa Place, Palm Springs, California 92262, Palm Springs, 92262 - 8 bed, 14 bath

457 W Hermosa Place
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 457 W Hermosa Place, Palm Springs, California 92262 is currently available with a list price of $12,680,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1928 Spanish Revival estate has been meticulously restored and expanded into a world-class compound. The property features a high-end professional kitchen with premium appliances, updated designer bathrooms that maintain period character with modern luxury, and pristine architectural details like hand-painted ceilings. With the addition of climate-controlled garages and the expansion to 15,000 square feet of living space, the estate meets the highest current quality standards with no visible deferred maintenance, representing an extensive and high-quality renovation.
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 = 172498, living area = 15000.
- Historic Hollywood Pedigree
Originally built in 1928 and featuring a guest house built for Cary Grant, this legendary Spanish Revival estate preserves its architectural integrity and iconic status within the Old Las Palmas enclave.
- Unrivaled Lot Scale and Privacy
Spanning 4 acres with 200 mature palm trees and citrus groves, this is one of the largest residential lots in Palm Springs, offering an expansive, park-like setting with uninterrupted mountain views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 15000, other record living area = 7715. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 6.
- Substantial Maintenance Requirements
The age of the 1928 structures combined with the massive acreage and extensive landscaping suggests high carrying costs and the potential for significant ongoing preservation efforts.
- Possession Constraints
The seller's requirement for a 30-day leaseback to remove estate contents prevents immediate occupancy and full possession for the buyer upon the close of escrow.
About 457 W Hermosa Place
Presenting Villa Paradiso, a legendary 4-acre Gated Estate located in a secured setting within Old Las Palmas, Palm Springs' most legendary residential enclave. Originally built in 1928, featuring a significant guest house eventually built for Cary Grant, who later coined the estate's historic name. This Spanish Revival compound with Hollywood pedigree has preserved its original architectural integrity and period character. One of the largest residential lots ever offered in Palm Springs, the compound includes four separate residences positioned across park-like grounds featuring 200 mature palm trees, citrus groves, unrivaled and uninterrupted panoramic views of Mt. San Jacinto, and expanse found nowhere else in Old Las Palmas. The home is enclosed by hand-crafted stone walls and crowned with rolling grass- vistas that includes a classical and sculptured water fountain, verdant lined pathways connecting guest homes, and multiple guest and service access points. The central architectural feature of the estate is the 7,500 sq ft main home highlighted by an Italian rotunda with hand-painted ceilings that connect two wings totaling four bedrooms, seven bathrooms, a formal two-story foyer, grand corridor, parlor bar, executive office, and professional kitchen. Additional amenities include a climate-controlled four-car garage and a formal motor court. The scale of the lot, multiple residences, and preserved historic design create a once in a lifetime opportunity to own a one-of-a kind estate compound in the penultimate Palm Springs location. Note: Seller requires 30 day leaseback to remove estate contents.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 172,498 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 14 (14 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 • 0.8 mi
Raymond Cree Middle School
Grades 6-8 • 1.2 mi
Desert Learning Academy
Grades K-12 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 100% |
| Baths | 14.0 | 3.0 | 100% |
| Square foot | 15,000 | 1,964 | 100% |
| Lot Size | 172,498 | 9,583 | 100% |
| Price | $12.68M | $900.0K | 100% |
| Price per sq ft | $845 | $478 | 92% |
| Built year | 1928 | 1989 | 0% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 179 | 1% |
Pricing History
Listed for Sale
Feb 23, 2026
$12,680,000
Initial Listing
Sold
Jan 24, 1995
$1,300,000
Public Record

























