526 S Calle Palo Fierro, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This historic bungalow represents a Strong Value Opportunity, listed at $975,000—positioned well below the $1,051,751 Fair Market Value by 7%. This valuation gap offers $76,751 in Instant Equity. Featuring a Condition Rating of 2, the home includes a Chef's Kitchen with premium appliances and a Private Saltwater Pool. With its detached Casita and available STR permits, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready retreat in Palm Springs.
Historic Palm Springs bungalow with detached casita, saltwater pool, and mountain views. Move-in ready with high-end kitchen. Prime STR income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 526 S Calle Palo Fierro Subject | $975,000* List Price | 2 | 2 | 1,031 | $1,020 | - |
A 625 S Camino Real Pending | $1,050,000 List Price | 2 | 2 | 939 | $1,118 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1935, the property has undergone a high-end renovation within the last 5 years. The kitchen is in mint condition with premium designer appliances (Sub-Zero, Thermador, Bosch) and quartz countertops. The bathrooms feature modern tiling, and the overall interior and exterior (including the saltwater pool) appear meticulously maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1031.
Originally built for artist Paul Grimm, this 1935 bungalow blends vintage charm with high-end modern upgrades, including a chef's kitchen featuring Thermador and Sub-Zero appliances.
The property includes a detached Casita suitable for an ADU or guest retreat, and is located in a zone where the City of Palm Springs currently has STR permits available.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7800, other record lot size in square feet = 6098.
At 1,031 square feet for a $975,000 list price, the property commands a premium price point that may be challenging for buyers seeking more interior living space.
Despite the updates, the 1935 construction may feature smaller room dimensions and storage limitations typical of the era compared to contemporary residential designs.
Welcome to Calle Palo Fierro a charming vintage Bungalow originally built for the famous artist, Paul Grimm, located in the highly sought after neighborhood of Warm Sands that is in walking distance to Palm Springs. Constructed in 1935, this historic Bungalow boast an updated main house and a detached Casita, each having unique architecture details. Backyard features a secluded saltwater pool and jacuzzi, private fenced backyard featuring gas barbecue, patio for Alfresco dinning, and lounging area for relaxation under the Palm Spring sun. Enter the main house and view the open beam ceilings and the granite stone fireplace. The updated kitchen features quartz countertops, farm sink, stainless steel designer appliances, Thermador, Sub-Zero and Bosch. The adjacent dinner room has a wall of cafe windows with a breathtaking mountain view. Beyond the main house, is the Casita, whether you invision it as an ADU, a guest retreat, or a lucrative rental. The potential for this Historic Bungalow is unending, imagine Calle Fierro as your home, staycation or your income property. City of Palm Springs has STR permits for Warm Sands area available.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.1 mi
Grades K-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,031 | 2,076 |
| Lot Size | 7,800 | 10,454 |
| Price | $975.0K | $1.04M |
| Price per sq ft | $946 | $525 |
| Built year | 1935 | 1977 |
| HOA | $0 | $332 |
| Days on market | 26 | 75 |
Jun 26, 2026
$975,000
Initial Listing
Nov 8, 2023
$950,000
Public Record
Feb 26, 2019
$531,000
Public Record
Nov 3, 2000
$151,000
Public Record