542 Skylar Lane, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
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Palm Springs, California 92262
This Contemporary Desert Oasis is a Prime Investment Opportunity, listed at $1,386,000—positioned well below the $1,425,000 Fair Market Value by 2%. This valuation gap offers $39,000 in Instant Equity. Boasting an Excellent Condition Rating, this Anthony Poon-designed residence features panoramic San Jacinto mountain views, a front-loaded pool and spa, and 26 owned solar panels. Located in the guard-gated Escena community near Rio Vista Elementary, it offers a sophisticated indoor-outdoor lifestyle. This is an elite acquisition for Luxury Lifestyle Seekers or Seasonal Homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 542 Skylar Lane Subject | $1,386,000* List Price | 3 | 3 | 2,649 | $523 | - |
A 657 Dominion Way Sold | $1,600,000 | 3 | 3 | 2,567 | $623 | 0.2 mi |
B 1280 Celadon Street Sold | $1,380,000 | 3 | 3 | 2,561 | $539 | 0.7 mi |
C 4401 Lumina Way Sold | $1,650,000 | 3 | 4 | 2,598 | $635 | 0.4 mi |
D 960 Patina Lane Sold | $1,650,000 | 3 | 3 | 2,705 | $610 | 0.4 mi |
E 1200 Celadon Street Sold | $1,200,000 | 2 | 3 | 2,561 | $469 | 0.6 mi |
F 4631 Kellogg Way Sold | $1,250,000 | 3 | 3 | 2,579 | $485 | 0.6 mi |
G 4304 Vantage Lane Active | $1,595,000 List Price | 3 | 3 | 2,549 | $626 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014 and maintained in mint condition, this property fits the 'Excellent' criteria due to its age and high-end recent upgrades. The home features a modern chef's kitchen with Italian cabinetry and Bosch appliances, plus updated systems including a newer tankless water heater, pool pump, and 26 owned solar panels.
Designed by Anthony Poon, this Alta Verde home features floor-to-ceiling Fleetwood sliding doors that perfectly frame phenomenal San Jacinto mountain views and facilitate seamless indoor-outdoor living.
The property includes 26 owned solar panels, an EV charger, and a climate-controlled garage with an A/C split, providing significant utility savings and comfort in the desert climate.
Situated in the prestigious guard-gated Escena golf community, the home sits on fee simple land, offering the security of full ownership without the land lease costs common in Palm Springs.
The pool and spa are located in the front yard, which, despite the stunning views, may offer less privacy from the street compared to a traditional backyard layout.
The local public schools serving the area have average ratings (ranging from 4 to 6), which may be a consideration for families prioritizing top-tier educational facilities.
PRICE IMPROVEMENT!! Welcome to Escena, where luxury meets contemporary elegance in this highly desired Anthony Poon designed home. This beautiful Alta Verde home showcases a front-loaded pool and spa with PHENOMENAL views of the San Jacinto mountains. One of the larger homes in Escena, this home offers 2649 sq. ft. of luxurious living space with 3 bedrooms and 3 bathrooms. A chef's kitchen is a culinary delight with quartz countertops & backsplash, Italian designed cabinetry, stainless-steel Bosch appliances, a newer Samsung Smart refrigerator, and an oversized island. The spacious open floor plan consists of the kitchen, living and dining areas, 10'+ high ceilings, porcelain tile flooring, custom lighting, and mountain views from the home's great room and pool area. The expansive primary bedroom suite has cornered Fleetwood sliding door access to a private back patio, a huge double-headed walk-in shower, dual vanities, and an extra amount of closet space. The two guest bedrooms share a Jack & Jill bathroom, with good separation from the primary bedroom. Enjoy Palm Springs indoor/outdoor living at its finest with a floor to ceiling wall of Fleetwood sliding doors opening from the great room to the outdoor patio and pool, perfect for entertaining or just relaxing in the sun as you revel in the amazing mountain views. Another Fleetwood sliding door opens from the kitchen to a lovely, spacious side yard/patio of pavers and artificial turf, perfect for relaxing or cooking on the outdoor BBQ. Lighting and landscaping surround the property, adding to the privacy of the outdoor space and its alluring night-time beauty. Additional highlights include motorized blinds in the great room and primary bedroom, a powder room for guests, a separate laundry room with cabinetry and a sink, and 26 owned solar panels for energy efficiency. The 2-car garage has epoxy floor finish, a whole house water filtration system, and EV charger, extra storage space and an A/C split for added comfort on those hot summer Palm Springs days. Recent upgrades include a newer pool pump, newer washer/dryer, added sink to laundry room, newer tankless water heater, and a circulator for quicker hot water. Escena is a highly sought after guard-gated golf course community with low HOA dues and resides on fee simple land (you own it). Do not miss this beautiful Palm Springs contemporary home, offering luxury, unparalleled comfort, style, indoor-outdoor living, and some of the best views in Escena!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,649 | 1,940 | 80% |
| Lot Size | 8,276 | 9,583 | 42% |
| Price | $1.39M | $875.0K | 77% |
| Price per sq ft | $523 | $488 | 57% |
| Built year | 2014 | 1987 | 79% |
| HOA | $260.0 | $0 | 80% |
| Days on market | 89 | 180 | 15% |
Apr 18, 2026
$1,386,000
$1,425,000
-3% Price Drop
Initial Listing
Mar 10, 2026
$1,425,000
Initial Listing
Sep 23, 2019
$875,000
Public Record
Sep 30, 2015
$798,500
Public Record
Nov 13, 2014
$542,000
Public Record