485 W Tramview, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath
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Palm Springs, California 92262
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $619,485—positioned well below the $620,539 Fair Market Value by 0.17%. Featuring a Mint Condition Rating following a 2026 major remodel, this home includes a new roof, HVAC, and pool equipment. With four bedrooms, no HOA, and fee simple land, it offers a competitive edge for short-term rentals. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready sanctuary with panoramic mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 485 W Tramview Subject | $619,485* List Price | 4 | 2 | 1,318 | $471 | - |
A 461 W Palm Vista Sold | $540,000 | 4 | 2 | 1,284 | $421 | 0.1 mi |
B 481 W Sunview Sold | $657,000 | 4 | 2 | 1,318 | $498 | 0.0 mi |
C 490 W Palm Vista Drive Sold | $574,900 | 4 | 2 | 1,318 | $436 | 0.1 mi |
D 504 W Sunview Avenue Sold | $699,000 | 3 | 2 | 1,620 | $431 | 0.0 mi |
E 3773 Mission Peak Sold | $605,000 | 2 | 2 | 1,206 | $502 | 0.2 mi |
F 373 W Avenida Cerca Sold | $525,000 | 4 | 2 | 1,313 | $400 | 0.2 mi |
G 359 W Bon Air Drive Active | $585,000 List Price | 4 | 3 | 1,440 | $406 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive major remodel just completed in 2026, featuring a brand-new roof, HVAC (heat pump), electrical panel, and water heater. The kitchen and bathrooms are fully modernized with contemporary finishes and new appliances, meeting the criteria for mint condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1318.
The property has undergone a major infrastructure overhaul including a new roof, HVAC, and pool equipment, offering a move-in ready, turnkey experience with all furniture included.
Featuring four bedrooms on fee simple land with no HOA, this home offers a significant competitive advantage for short-term rentals, accommodating up to eight guests in a neighborhood where permits are currently available.
The property was recently sold within the past year on 2026-03-19. The sold price is $395,000.00.
With four bedrooms packed into just 1,318 square feet, the individual room sizes and common living areas may feel constrained or cramped for larger groups.
The property has seen multiple price reductions within a short 41-day period, suggesting initial overvaluation or buyer resistance to the North Palm Springs location.
MOTIVATED SELLER on what already is quite possibly the BEST DEAL on a FOUR BEDROOM single family HOUSE in Palm Springs with AMAZING MOUNTAIN VIEWS. Whether you are looking for a full time home, a vacation getaway or a great money making Airbnb, this one checks all the boxes and is being SOLD TURNKEY with all of the furniture and everything you see pictured. And best of all YOU OWN THE LAND (fee simple) and NO HOA. Short term rental permits currently available in this neighborhood (btv). You can move right in because a MAJOR REMODEL and updates were just completed including numerous infrastructure enhancements. NEW ROOF, GARAGE DOOR AND LIFTER, NEW POOL EQUIPMENT, REMODELED BATHROOMS, REMODELED KITCHEN, NEW APPLIANCES, WATER HEATER, HEAT PUMP, WASHER DRYER, FIRE PIT, electric panel, EV car charger and custom exterior sculpture. The heart of the home is an expansive, sun-drenched great room that flows seamlessly into the kitchen which features an island with seating, new appliances, and sleek finishes. The layout transitions naturally to the outdoors, where the San Jacinto Mountains serve as a constant backdrop. This outdoor space is designed for entertaining with a gas fire pit with mountain views and a pergola overlooking the pool. And there's also MOUNTAIN VIEWS from the primary en suite bedroom. Two car attached garage with mini-split and epoxied garage floor. For those looking for a short term rental property that can generate income, this home is a 4 bedroom - meaning you can have up to 8 guests, and that gives you a competitive advantage against all the 3 bedrooms out there. This isn’t just a cosmetic refresh - it is a major overhaul for your peace of mind as either a short term rental host or owner occupant. And did I mention the GORGEOUS MOUNTAIN VIEWS from the yard and inside the house? This is the one you've been waiting for so put 485 Tramview on your list to see!
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 4.1 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,318 | 1,939 | 14% |
| Lot Size | 7,405 | 9,583 | 34% |
| Price | $619.5K | $875.0K | 21% |
| Price per sq ft | $470 | $485 | 46% |
| Built year | 1991 | 1987 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 180 | 7% |
May 24, 2026
$619,485
$649,485
-5% Price Drop
Initial Listing
May 14, 2026
$649,485
$665,485
-2% Price Drop
Initial Listing
May 5, 2026
$665,485
$679,000
-2% Price Drop
Initial Listing
Apr 13, 2026
$679,000
Initial Listing
Mar 19, 2026
$395,000
Public Record
Dec 23, 2021
$365,000
Public Record
Nov 3, 2021
$182,000
Public Record