484 W Stevens Road, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 7 bath
484 W Stevens Road
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 484 W Stevens Road, Palm Springs, California 92262 reveals a Prime Investment Opportunity with a current list price of $2,580,000—significantly undercutting the $2,663,605 Fair Market Value by 3%. This valuation gap indicates a +$83,605 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 484 W Stevens Road Subject | $2,580,000* List Price | 5 | 7 | 2,500 | $1,065 | - |
A 371 W Stevens Road Sold | $2,100,000 | 4 | 5 | 2,899 | $724 | 0.1 mi |
B 1449 N Via Miraleste Sold | $2,715,000 | 4 | 4 | 2,962 | $917 | 0.6 mi |
C 1148 N Rose Avenue Sold | $2,407,500 | 3 | 4 | 2,164 | $1,113 | 0.5 mi |
D 823 N Topaz Circle Sold | $2,400,000 | 4 | 3 | 2,364 | $1,015 | 0.6 mi |
E 797 W Via Vadera Pending | $2,598,000 List Price | 3 | 3 | 2,146 | $1,211 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1937, this legendary Spanish Estate has clearly undergone extensive, high-quality renovations that bring it to current luxury standards. The kitchen features modern stainless steel appliances, dark granite countertops, and updated cabinetry, all in excellent condition. Bathrooms are similarly updated with contemporary vanities, granite/marble tops, glass-enclosed tiled showers, and modern fixtures. The property boasts authentic beamed ceilings and travertine floors, which are well-maintained, alongside updated lighting and clean carpeting in bedrooms. The description emphasizes 'modern comforts' and the images support a property that is virtually new in its key living spaces, with no deferred maintenance visible.
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 = 14810, living area = 2500.
- Unrivaled Privacy & Exclusive Location
The property boasts a private gated entrance, towering hedges, and dramatic walls, ensuring ultimate seclusion within the prestigious Little Tuscany neighborhood, adjacent to Old Las Palmas, while maintaining close proximity to Palm Springs amenities.
- Historic Charm & Architectural Authenticity
As a legendary 1937 Spanish Estate, it features timeless elegance with authentic beamed ceilings, travertine floors, and five fireplaces, offering unique character and a rich historical ambiance.
CONSRISKS & DEFICIENCIES
- Age-Related Maintenance & System Updates
Built in 1937, the property, despite its charm, may require significant ongoing maintenance and potential investment in updating older systems such as HVAC, plumbing, and electrical to meet modern efficiency and comfort standards.
- Relatively Compact Interior Square Footage for an 'Estate'
At 2500 sqft for 5 bedrooms, 7 bathrooms, and a separate guest casita, the interior living space might be considered modest or individual rooms smaller than what some buyers expect from a 'legendary Spanish Estate' at this price point.
- Potential Lack of Modern Cooling System
The property description does not explicitly mention a central air conditioning system, which is a crucial amenity for comfort in Palm Springs' hot climate, suggesting it might be absent or an older, less efficient unit requiring a costly upgrade.
About 484 W Stevens Road
Step through the private gated entrance of this legendary Spanish Estate in Little Tuscany and discover why the stars chose this hidden gem in Palm Springs' most exclusive area. Completely enveloped by towering hedges and dramatic walls, this Old Las Palmas adjacent masterpiece offers what many crave ... seclusion ... but close proximity to all Palm Springs offers. The shimmering pool greets you upon arrival, reflecting the majestic San Jacinto Mountains that stand guard over this private paradise. The estate's strategic south and west orientation captures nature's daily masterpieces--golden sunrises that gently warm the pool waters and spectacular sunsets that paint the sky in hues of amber and rose. Mountain vistas frame every moment. Explore the exquisite interior, where five fireplaces create an ambiance of warmth and charm, complemented by authentic beamed ceilings and travertine floors. This estate boasts five spacious bedrooms, all with private ensuite baths. The tour continues to the independent guest casita, a sanctuary offering a private retreat complete with kitchenette. Outdoor living is equally luxurious with multiple patios designed for relaxation and gatherings as well as an outdoor shower and adjoining pool bath. A two-car garage with EV charger makes for ease while the cozy fire pit invites evening storytelling under the starry desert sky. Here, the timeless elegance of Spanish architecture blends seamlessly with modern comforts, offering an unparalleled living experience. Imagine hosting intimate gatherings or simply unwinding in the expansive outdoor living spaces. Every corner of this estate exudes charm and sophistication. Your private desert sanctuary awaits with this opulent haven being offered fully furnished, allowing you to immediately indulge in the quintessential Palm Springs lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 14,810 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 7 (7 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 • 0.9 mi
Palm Springs High School
Grades 9-12 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 2,500 | 1,964 | 73% |
| Lot Size | 14,810 | 9,583 | 88% |
| Price | $2.58M | $900.0K | 95% |
| Price per sq ft | $1.0K | $478 | 96% |
| Built year | 1937 | 1989 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 179 | 7% |
Pricing History
Listed for Sale
Jan 2, 2026
$2,580,000
Initial Listing
Sold
Mar 25, 2009
$615,000
Public Record
Sold
Feb 24, 2006
$875,000
Public Record