
Palm Springs, California 92264
This Spanish-style retreat in the historic Warm Sands neighborhood is a Strong Value Opportunity, listed at $925,000—matching its $925,000 Fair Market Value. Featuring a Condition Rating of 4, the home offers vaulted wood-beamed ceilings, Viking appliances, and owned solar. The outdoor space includes a private mountain view and an oversized spool, complemented by rare Short-Term Rental permit eligibility and proximity to Cahuilla Elementary. This property is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 523 S Vista Oro Subject | $875,000* List Price | 2 | 2 | 1,326 | $698 | - |
A 438 E Avenida Hokona Sold | $800,000 | 2 | 2 | 1,152 | $694 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1937, is exceptionally well-maintained and boasts a consistent Spanish-style aesthetic with high-quality features like vaulted wood-beamed ceilings, Venetian plaster, and an adobe fireplace. The kitchen is equipped with high-end Viking appliances and solid wood cabinetry, which are in excellent condition. However, the overall style of the kitchen cabinetry and especially the bathrooms, with elements like glass block showers, tile countertops, and ornate vanities, appear dated, suggesting the last extensive renovation was likely 15-30 years ago. While the property is move-in ready and requires no immediate repairs, aesthetic updates would be needed for a more contemporary feel, particularly in the bathrooms, aligning it with the 'Fair' category.
The property is eligible for a city short-term rental permit, offering significant income-generating opportunities in a popular tourist destination.
Features a distinctive Spanish-style design with vaulted wood-beamed ceilings, an adobe fireplace, Venetian plaster walls, and bullnose corners, providing timeless charm and a unique aesthetic.
Located in the historic Warm Sands neighborhood, minutes from downtown Palm Springs, offering convenience, privacy, and excellent curb appeal with lush landscaping and fountains.
Multiple price drops from the original list price suggest potential overpricing or market resistance, which could impact perceived value or future appreciation.
At 1326 sqft, the interior living space is relatively small for a property approaching a million-dollar price point, potentially limiting appeal to buyers seeking more expansive homes.
The description does not explicitly mention a central air conditioning system, which is a crucial amenity for comfort in Palm Springs' hot climate and could be a significant omission.
Truly UNIQUE, this tucked-away Spanish-style retreat captures the MAGIC of Palm Springs living! Located in the Warm Sands neighborhood, just minutes from downtown, this home is gated and private with fantastic curb appeal, surrounded by fountains and lush landscaping. OWNED SOLAR is another plus! Tall, vaulted, wood-beamed ceilings are a theme and the main living area opens through dual sets of French doors to patios and an oversized spa/pool (spool), perfect for relaxing year-round. The living room features an adobe style fireplace and a wet bar with beverage fridge. The beautiful kitchen is equipped with Viking appliances and solid wood cabinetry, while Venetian plaster walls and bullnose corners add timeless character throughout. The primary suite includes solar tube lighting and a glass-block accented walk-in shower. A guest suite with ensuite bath opens to a private patio framed by mountain views and mature plumeria trees. A built-in Murphy bed offers extra flexibility for hosting. Outdoors, the large spool accommodates up to ten, ideal for cooling off in summer or warming up in winter. Two exterior sheds provide plenty of storage, while gated parking allows space for two cars. This is truly a rare opportunity in one of Palm Springs' most historic and convenient neighborhoods. Eligible for the city's SHORT-TERM RENTAL permit as well! Take the Matterport Virtual Tour for a better sense of flow.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.0 mi
Grades K-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,326 | 2,266 | 9% |
| Lot Size | 5,663 | 10,019 | 18% |
| Price | $875.0K | $1.34M | 20% |
| Price per sq ft | $660 | $609 | 62% |
| Built year | 1937 | 1976 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 163 | 78% |
Mar 26, 2026
$875,000
$925,000
-5% Price Drop
Initial Listing
Mar 5, 2026
$925,000
$975,000
-5% Price Drop
Initial Listing
Dec 27, 2025
$975,000
$1,025,000
-5% Price Drop
Initial Listing
Oct 22, 2025
$1,025,000
$1,075,000
-5% Price Drop
Initial Listing
Sep 19, 2025
$1,075,000
Initial Listing