483 E Francis Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Turnkey Midcentury Modern Home is a Strong Value Opportunity, listed at $925,000—positioned well below the $966,026 Fair Market Value by 4%. This valuation gap offers $41,026 in Instant Equity. Featuring a Condition Rating of 2, the home includes a renovated kitchen, owned solar system, and a private pool with mountain views. While local schools offer moderate ratings, the property’s design and efficiency make it an ideal sanctuary for lifestyle-focused buyers or investors seeking a premium desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 483 E Francis Drive Subject | $910,000* List Price | 3 | 2 | 1,225 | $755 | - |
A 406 E Desert Holly Circle Sold | $1,075,000 | 3 | 2 | 1,225 | $878 | 0.2 mi |
B 2164 N Milben Circle Sold | $1,047,500 | 3 | 2 | 1,200 | $873 | 0.5 mi |
C 302 E Racquet Club Drive Sold | $1,065,000 | 3 | 2 | 1,449 | $735 | 0.2 mi |
D 600 E Alexander Way Sold | $825,000 | 3 | 2 | 1,225 | $673 | 0.4 mi |
E 444 E Glen Circle Sold | $975,000 | 3 | 2 | 1,381 | $706 | 0.3 mi |
F 2550 N Kitty Hawk Drive Sold | $965,000 | 3 | 2 | 1,225 | $788 | 0.4 mi |
G 888 E Janet Circle Sold | $915,000 | 3 | 2 | 1,225 | $747 | 0.3 mi |
H 2272 N Starr Road Sold | $750,000 | 3 | 2 | 1,416 | $530 | 0.4 mi |
I 465 E Desert Holly Circle Active | $1,075,000 List Price | 3 | 2 | 1,225 | $878 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This midcentury home has undergone a high-quality recent renovation (likely within the last 5 years) featuring a modern kitchen with stainless steel appliances, farmhouse sink, and quartz countertops. Significant system upgrades include an owned solar system and a tankless water heater, meeting the criteria for mint condition and modern efficiency.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1225.
This 1959 home perfectly captures the Palm Springs aesthetic with polished concrete floors and walls of glass, offered fully furnished for immediate use as a primary residence or investment.
Situated on an oversized 11,326 sqft lot with a mature ficus hedge, the property features a sparkling pool and stunning mountain views in a highly private, desirable neighborhood.
At 1,225 square feet for a three-bedroom layout, the interior proportions may feel restrictive for buyers accustomed to more spacious modern floor plans.
The local middle and high schools carry lower ratings (4/10), which may be a consideration for families prioritizing high-performing public education districts.
Experience quintessential Palm Springs living in this beautifully updated midcentury modern home in the highly desirable Racquet Club Estates neighborhood. Blending iconic architectural character with fresh, playful design, the home features charming pink accents that perfectly capture the vibrant spirit of the desert. Offered turnkey furnished, this stylish residence is ready to be enjoyed from day one, whether as a full time home, weekend escape, or investment opportunity. An open concept floor plan, polished concrete floors, and expansive walls of glass create bright, inviting living spaces that seamlessly flow to the outdoors. Situated on a generously sized, ultra private lot enveloped by a mature ficus hedge, the backyard is a true desert retreat complete with a sparkling pool, expansive patio areas, breathtaking mountain views, and ample space to relax, entertain, or simply soak in the Palm Springs sunshine. Thoughtfully upgraded with an owned solar system and a tankless water heater, this home offers modern efficiency without compromising its timeless appeal. Ideally located just minutes from downtown Palm Springs, acclaimed dining, shopping, golf, and entertainment, this exceptional property embodies the effortless style and relaxed luxury of desert living.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,225 | 2,076 |
| Lot Size | 11,326 | 10,454 |
| Price | $910.0K | $1.04M |
| Price per sq ft | $743 | $525 |
| Built year | 1959 | 1977 |
| HOA | $0 | $332 |
| Days on market | 23 | 75 |
Jul 17, 2026
$910,000
$925,000
-2% Price Drop
Initial Listing
Jun 29, 2026
$925,000
Initial Listing
Apr 23, 2019
$640,000
Public Record
Sep 12, 2017
$510,000
Public Record
Oct 13, 2009
$242,000
Public Record
May 13, 2005
$485,000
Public Record
Feb 20, 2004
$235,000
Public Record
Feb 20, 2004
$350,000
Public Record