5337 E Lakeside Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath
5337 E Lakeside Drive
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 5337 E Lakeside Drive, Palm Springs, California 92264 reveals a Fairly Priced Property with a current list price of $1,635,000 aligned with the estimated $1,635,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 5337 E Lakeside Drive Subject | $1,635,000* List Price | 3 | 3 | 2,292 | $713 | - |
A 5289 E Lakeside Drive Sold | $1,547,500 | 4 | 3 | 2,607 | $594 | 0.0 mi |
B 2463 S Broadmoor Drive Sold | $1,349,000 | 3 | 2 | 1,684 | $801 | 0.3 mi |
C 1955 S Broadmoor Drive Sold | $1,278,000 | 3 | 2 | 1,580 | $809 | 0.5 mi |
D 2178 S Brentwood Drive Active | $1,535,000 List Price | 3 | 4 | 1,969 | $780 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1967 Donald Wexler mid-century modern masterpiece has undergone an extensive recent renovation, bringing all components to current high-quality standards. The property features a fully updated chef's kitchen with high-end appliances, three luxurious modernized bathrooms, and pristine flooring throughout. Beyond aesthetics, the home boasts significant system upgrades including a newer HVAC system, 27 solar panels, and two Tesla Powerwalls, indicating no deferred maintenance and a level of finish equivalent to a newly built or recently fully-renovated luxury residence.
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 = 10454, living area = 2292.
- Architectural Pedigree
Designed by the renowned Donald Wexler, AIA, this 1967 mid-century modern masterpiece offers significant historical value and timeless aesthetic appeal for design enthusiasts.
- Advanced Energy Efficiency
The home is equipped with 27 solar panels and two Tesla Powerwalls, providing exceptional energy independence, lower utility costs, and reliable backup power.
CONSRISKS & DEFICIENCIES
- Market Pricing Resistance
The property has undergone multiple price reductions since its initial listing, which may indicate a misalignment between the original asking price and current market expectations.
- School District Ratings
The local public schools serving this address currently hold lower performance ratings (4/10), which could be a drawback for families prioritizing high-ranking educational institutions.
About 5337 E Lakeside Drive
Step into a masterpiece of mid-century modern elegance at 5337 East Lakeside Drive. This stunning home, designed in 1967 by the illustrious Donald Wexler, AIA, offers an exquisite blend of style and functionality.Spanning nearly 2,300 square feet, this residence hosts three sophisticated bedrooms and 3 luxurious bathrooms (two are ensuites). As you enter, the foyer welcomes you with the understated glamour that mid-century aficionados will adore. The open chef's kitchen, with a suite of upgraded appliances, is a culinary delight, complete with a breakfast nook ideal for morning musings over coffee.The home's interior plays a symphony of refined design, featuring a dining room perfect for hosting soirees and a media/recreation room, with an iconic Malm Fireplace, to unwind and entertain.Outdoors, an oasis awaits. The private yard, complete with a sparkling pool and custom-tiled built-in outdoor BBQ, is your personal retreat. Whether you're lounging by the pool or stargazing by the fire pit, the allure of Palm Springs' evenings will captivate you.Set on a 10,454 square foot lot, this home not only offers panoramic Tahquitz Creek Golf Course views but also stands as a testament to architectural brilliance and timeless design.Additional amenities include updated HVAC, 27 solar panels, and two Tesla power walls (those batteries are used to power the home when the sun goes down or there is a power outage; keeping appliances, HVAC etc. running).Please contact us directly for more information or to schedule a viewing of this iconic property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 3.0 mi
Raymond Cree Middle School
Grades 6-8 • 4.4 mi
Desert Learning Academy
Grades K-12 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,292 | 2,303.5 | 49% |
| Lot Size | 10,454 | 10,454 | 50% |
| Price | $1.64M | $1.44M | 63% |
| Price per sq ft | $713 | $608 | 72% |
| Built year | 1967 | 1972 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 163 | 14% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,635,000
$1,685,000
-3% Price Drop
Initial Listing
Price Change
Jan 16, 2026
$1,685,000
$1,725,000
-2% Price Drop
Initial Listing
Price Change
Dec 9, 2025
$1,725,000
Initial Listing
Sold
Apr 15, 2024
$1,632,500
Public Record
Sold
Aug 11, 2021
$1,395,000
Public Record
Sold
Jan 7, 2004
$415,000
Public Record
Sold
Aug 10, 1993
$190,000
Public Record