
Palm Springs, California 92262
This Value-Add Artist's Bungalow in the historic Movie Colony East enclave is listed at $679,000, aligning with its $655,520 Fair Market Value. Currently with a Condition Score of 5 and marketed in Pre-Renovation Condition, the property serves as a high-potential canvas for forced appreciation through a comprehensive modern restoration. Featuring signature Mountain Views, a detached garage for a potential studio, and proximity to the Uptown Design District and Katherine Finchy Elementary, the asset offers significant ROI potential. This project is suited for Fix-and-Flip Investors or Contractors looking to capitalize on the Palm Springs market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 543 N Paseo De Anza Subject | $679,000* List Price | 2 | 1 | 1,210 | $542 | - |
A 633 N Plaza Amigo Active | $675,000 List Price | 3 | 2 | 1,305 | $517 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 and explicitly marketed in 'pre-renovation' condition, this property requires substantial rehabilitation to meet modern standards. The interior features raw concrete floors, an outdated kitchen with older cabinetry and appliances, and a lack of central HVAC, relying instead on multiple window AC units.
Situated in the prestigious Movie Colony East neighborhood, the property is moments from the Uptown Design District's galleries and cafes, offering significant long-term appreciation potential.
The 'pre-renovation' status and detached garage provide a blank canvas for visionaries to create a custom desert retreat or a dedicated artist's studio.
The property boasts desirable mountain views and is enclosed by solid block perimeter walls, offering the perfect foundation for a secluded private garden oasis.
The home is in 'pre-renovation' condition, meaning buyers must budget for substantial capital improvements and restoration work to make it modern and habitable.
With only one bathroom serving two bedrooms, the current layout may be a drawback for modern buyers or those looking for a more functional guest arrangement.
Tucked within the vibrant creative enclave of Movie Colony East, MCE, this artist's bungalow offers a rare opportunity to re-imagine a piece of Palm Springs charm just moments from downtown. Set in a neighborhood known for its eclectic spirit and artistic legacy (think ROBO Lights) the home sits near the fashionable Uptown Design District , where cafes, coffee houses, and curated art galleries create an inspiring everyday backdrop. In "PRE-Renovation" condition the bungalow invites visionaries and creatives alike to restore or transform it into a personalized desert retreat. Original character hints at artistic past, while the surrounding community alive with design, culture and desert modern influences (think Twin Palm Sinatra house) make it an ideal canvas for something truly special. Whether you're drawn by the energy of nearby galleries or the quiet charm of a historic neighborhood this property is full of potential and possibility! Two bedrooms One bath, Detached single garage (perhaps artist studio) and Solid block perimeter garden walls can make this into your own private garden oasis.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 1.0 | 2.5 | 2% |
| Square foot | 1,210 | 1,917.5 | 5% |
| Lot Size | 6,098 | 9,583 | 19% |
| Price | $679.0K | $877.7K | 28% |
| Price per sq ft | $561 | $487 | 65% |
| Built year | 1946 | 1987 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 183 | 1% |
Apr 3, 2026
$679,000
Initial Listing
Oct 18, 2024
$605,000
Public Record