550 N Arquilla Road, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 5 bath

550 N Arquilla Road, Palm Springs, California 92262 home-pic-0
ACTIVE$2,550,000
550 N Arquilla Road, Palm Springs, California 92262
4Beds
5Baths
3,365Sqft
17,424Lot

Price Vs. Estimate

The estimated value ($2,443,320.405) is $106,679.595 (4%) lower than the list price ($2,550,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Historical Significance: Situated in the coveted Movie Colony East, on the same street as Frank Sinatra's Twin Palms Estate, offering a blend of historical prestige and close proximity to downtown Palm Springs amenities, golf courses, and fine dining.
Top Cons:
Significant Price Reductions: The property has seen multiple substantial price reductions from its initial listing, which may suggest initial overpricing or could raise questions for potential buyers regarding its market value.

Compared to the nearby listings

Price:$2.55M vs avg $925.0K (+$1,625,000)94%
Size:3,365 sqft vs avg 2,100 sqft92%
Price/sqft:$758 vs avg $49188%

More Insights

Built in 1981 (44 years old).
Condition: Despite being built in 1981, this property has undergone an extensive and high-quality renovation, bringing it to current luxury standards. The kitchen features sleek, high-end Bertazzoni appliances, modern cabinetry, and contemporary lighting. Bathrooms are equally impressive with modern vanities, fixtures, a walk-in shower, soaking tub, and a Finnish dry sauna. The property boasts modern amenities like an Ecobee smart system, dual-zone climate control, leased solar, and an EV charger, indicating recent upgrades to major systems. All components appear new or virtually new, reflecting a comprehensive renovation within the last five years, aligning perfectly with the 'Excellent' criteria.
Year Built
1981
Close
-
List price
$2.55M
Original List price
$3M
Price/Sqft
$758
HOA
-
Days on market
-
Sold On
-
MLS number
25543225
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

A stunning blend of modern sophistication and Palm Springs' architectural heritage, this estate is set in the coveted Movie Colony East, a neighborhood once home to Hollywood icons. Positioned on an expansive corner lot of nearly half an acre, it offers privacy and exclusivity, only attached to two neighboring properties. Located on the same street as Frank Sinatra's legendary Twin Palms Estate, it embodies a seamless fusion of history, luxury, and contemporary design. A dramatic sunken great room unfolds beneath soaring 15-foot coffered ceilings, anchored by a statement fireplace that enhances the grandeur of the space. Designed for effortless indoor-outdoor living, the layout features a formal dining area with lush poolside views, an open chef's kitchen outfitted with sleek Bertazzoni appliances, a natural gas range, a convection oven, and a breakfast nook perfect for morning rituals. The home offers three elegantly appointed en-suite bedrooms, along with an oversized attached casita that includes its own kitchenette and powder room, providing flexibility for guest accommodations or a private retreat. The primary suite is a true sanctuary, boasting a Finnish dry sauna, walk-in shower, soaking tub, and direct access to the pool, creating an experience of tranquility and indulgence. Step outside into a private oasis where native olive and palm trees, grape vines, and a citrus grove surround the pristine saltwater pool and spa, all set against breathtaking mountain views. Thoughtfully designed pergolas illuminated by bistro-style lighting create an inviting setting for alfresco dining, while a Weber char-broil 5-burner grill ensures effortless outdoor entertaining. Every detail is crafted for comfort and convenience, from the Ecobee smart system with dual-zone climate control to leased solar power for energy efficiency, an EV Level 2 plug for electric vehicle charging, and a spacious two-car garage with additional driveway parking. Ideally located just moments from downtown Palm Springs, golf courses, tennis clubs, museums, galleries, and fine dining, this estate offers both seclusion and accessibility. Beyond its architectural sophistication and luxurious amenities, the home is a study in effortless desert living, where mornings begin in sun-drenched tranquility and evenings unfold beneath a sky ablaze with stars. Whether hosting intimate gatherings by the pool, unwinding in the private sauna, or savoring alfresco meals framed by towering palms and majestic mountain vistas, every space is designed to evoke a sense of balance, beauty, and refinement. Exuding timeless desert luxury, this estate seamlessly blends architectural integrity with contemporary indulgence, offering a retreat that is unmistakably Palm​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ Springs.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-80.9mi
6/10
Palm Springs High School
Public,9-121.3mi
4/10
Desert Learning Academy
Public,K-121.3mi
Condition Rating
Excellent

Despite being built in 1981, this property has undergone an extensive and high-quality renovation, bringing it to current luxury standards. The kitchen features sleek, high-end Bertazzoni appliances, modern cabinetry, and contemporary lighting. Bathrooms are equally impressive with modern vanities, fixtures, a walk-in shower, soaking tub, and a Finnish dry sauna. The property boasts modern amenities like an Ecobee smart system, dual-zone climate control, leased solar, and an EV charger, indicating recent upgrades to major systems. All components appear new or virtually new, reflecting a comprehensive renovation within the last five years, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

Prime Location & Historical Significance: Situated in the coveted Movie Colony East, on the same street as Frank Sinatra's Twin Palms Estate, offering a blend of historical prestige and close proximity to downtown Palm Springs amenities, golf courses, and fine dining.
Luxurious Indoor-Outdoor Living: Designed for seamless entertaining with a dramatic sunken great room, chef's kitchen with Bertazzoni appliances, and a private outdoor oasis featuring a saltwater pool, spa, mature landscaping, pergolas, and breathtaking mountain views.
Exceptional Guest Accommodations: Includes three elegantly appointed en-suite bedrooms plus an oversized attached casita with its own kitchenette and powder room, providing superior flexibility and privacy for guests or extended family.
Modern Comforts & Efficiency: Equipped with an Ecobee smart system with dual-zone climate control, leased solar power for energy efficiency, and an EV Level 2 plug, enhancing convenience and reducing operational costs.
Architectural Sophistication & Privacy: A stunning blend of modern and Palm Springs' architectural heritage on an expansive, private corner lot of nearly half an acre, attached to only two neighboring properties, ensuring exclusivity.

Cons

Significant Price Reductions: The property has seen multiple substantial price reductions from its initial listing, which may suggest initial overpricing or could raise questions for potential buyers regarding its market value.
Leased Solar System: While beneficial for energy efficiency, the leased nature of the solar panels might be a less attractive option for some buyers compared to an owned system, potentially complicating financing or transfer.
Potential for Higher Maintenance Costs: The expansive nearly half-acre lot, saltwater pool, spa, and extensive landscaping, while luxurious, will likely require significant ongoing maintenance and incur higher utility costs.

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