511 N Cantera Circle, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This property presents a High-Potential Investment Opportunity with a List Price of $735,000—positioned well below the $712,388 Fair Market Value by -3%. Featuring a Fair Condition Rating and original 1977 interiors, the home serves as a blank canvas for a comprehensive renovation. The expansive 13,504 sq. ft. lot, private pool, and panoramic mountain views provide a rare foundation for a desert masterpiece. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to force appreciation through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 511 N Cantera Circle Subject | $735,000* List Price | 3 | 2 | 1,304 | $546 | - |
A 552 N Orchid Tree Lane Active | $600,000 List Price | 3 | 2 | 1,270 | $472 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and offered for the first time in over 40 years, the property likely features original kitchen, baths, and systems. The listing's heavy emphasis on 'potential' and 'masterpiece' transformation indicates the home requires a comprehensive rehab to address its 47-year-old condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 1304.
Situated on a generous 13,504 square foot cul-de-sac lot, the property offers exceptional privacy and significant outdoor space for entertaining or future expansion.
The home features stunning panoramic mountain views, providing a quintessential Palm Springs backdrop that enhances the property's value and resort-style atmosphere.
Given its 40-year tenure with the same owner and the description of 'potential,' the home likely requires substantial updates to its 1977 interior to meet modern luxury standards.
At 1,304 square feet for a three-bedroom residence, the interior living space is relatively modest, which may feel constrained for buyers accustomed to larger modern floor plans.
Palm Springs resort property located on a cul-de-sac. First time on the market in over 40 years. 3 bedroom, 2 bath pool home has a two car garage and so much potential to be a Resort Masterpiece. Large backyard, over 13,000 square foot lot takes advantage of the spectacular Mountain views, The oversized pool is surrounded by a Tropical Forest of palm trees, so much potential in this property to become a Desert Masterpiece.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,304 | 1,939.5 | 11% |
| Lot Size | 13,504 | 9,583 | 83% |
| Price | $735.0K | $875.0K | 38% |
| Price per sq ft | $564 | $488 | 64% |
| Built year | 1977 | 1986 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 180 | 2% |
May 31, 2026
$735,000
$785,900
-6% Price Drop
Initial Listing
May 10, 2026
$785,900
Initial Listing