483 E Francis Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

483 E Francis Drive, Palm Springs, California 92262 home-pic-0

483 E Francis Drive

Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,225Sq Ft
11,326Lot Size

Property Price

LIST PRICE$939,000
EST. MARKET VALUE
$960,423

SUMMARY

Estimated Market Value

$960,423
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
483 E Francis Drive
Subject
$939,000*
List Price
321,225$784-
A
888 E Janet Circle
Sold
$915,000321,225$7470.3 mi
B
859 E Grace Circle
Sold
$775,000321,225$6330.3 mi
C
402 E Desert Willow Circle
Sold
$1,160,000321,567$7400.1 mi
D
578 E Desert Willow Circle
Sold
$925,000321,225$7550.1 mi
E
2146 N Blando Road
Sold
$980,000331,520$6450.6 mi
F
1841 N Berne Drive
Sold
$910,000321,200$7580.6 mi
G
2410 N Starr Road
Active
$1,150,000
List Price
321,225$9390.3 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 built in 1959, this iconic Alexander home has undergone extensive recent renovations that bring it to modern standards. Key upgrades include new plumbing, a newer roof, an owned solar system, and a tankless water heater. The interior features high-end polished concrete flooring and newly remodeled bathrooms with new tile, while the exterior boasts a newly remodeled pebble-finish pool and updated drought-tolerant landscaping, indicating no deferred maintenance and high-quality finishes throughout.

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 = 11326, living area = 1225.

  • Iconic Architectural Pedigree

    Designed by famed architects Palmer and Krisel, this authentic Alexander home features sought-after midcentury modern elements like post-and-beam construction and original breezeblock walls, offering significant collector appeal.

  • Substantial Infrastructure Upgrades

    The property includes high-value modern improvements such as an owned solar system, newer roof, updated plumbing, and a newly remodeled heated pebble-finish pool, ensuring lower utility costs and reduced immediate maintenance.

CONSRISKS & DEFICIENCIES

  • Limited Interior Square Footage

    With only 1,225 square feet of living space, the home is relatively compact, which may be a constraint for buyers seeking larger rooms or dedicated home office spaces.

  • Vintage Structural Maintenance

    Despite many modern updates, the 1959 construction may require ongoing specialized care to preserve its historic integrity and address any remaining original structural components.

About 483 E Francis Drive

Character and style abound in this iconic midcentury modern Alexander home in the sought after Racquet Club Estates neighborhood. Designed by famed architects Palmer and Krisel, this beautifully maintained home has it all! The original breezeblock wall invites you into the front entrance where you are greeted inside by incredible post and beam construction, gorgeous views, an appealing open floor plan with tons of seating to host fabulous dinner parties both inside and out! This home has endless upgrades like a robust OWNED solar system to keep electricity costs at a bare minimum, polished concrete flooring, a newer roof, new plumbing, new tile in both bathrooms, tankless water heater, and newly remodeled heated pebble finish pool! Upgrades unique to this home are a wall of glass sliders to welcome in the outdoors in true MCM style, and a huge backyard space with new turf and incredible privacy. Lounge by the pool while enjoying western mountain views and colorful sunsets at night. There is ample room to add additional seating areas, a hot tub, fire pit, studio or even a casita! There is new drought tolerant landscape both front and back and outdoor lighting adds to the incredible curb appeal. Close to downtown Palm Springs, the uptown design district, bike paths, golf and tennis clubs, hip restaurants and hot spots, and just 10 minutes to the airport, this home resides in a desert Mecca yet it is both quiet and secure! This stellar property is not to be missed!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1959
Lot Size
11,326 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Vista Del Monte Elementary School

Grades K-5 • 0.1 mi

6/10

Raymond Cree Middle School

Grades 6-8 • 0.8 mi

4/10

Palm Springs High School

Grades 9-12 • 2.9 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
45%
Square foot1,2251,964
6%
Lot Size11,3269,583
74%
Price$939.0K$900.0K
55%
Price per sq ft$767$478
88%
Built year19591989
20%
HOA$0$0
50%
Days on market15179
1%

Pricing History

Listed for Sale

Feb 20, 2026

$939,000

Initial Listing

Sold

Apr 23, 2019

$640,000

Public Record

Sold

Sep 12, 2017

$510,000

Public Record

Sold

Oct 13, 2009

$242,000

Public Record

Sold

May 13, 2005

$485,000

Public Record

Sold

Feb 20, 2004

$350,000

Public Record

Sold

Feb 20, 2004

$235,000

Public Record

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