
Palm Springs, California 92262
This Move-In Ready Luxury Estate in the prestigious Movie Colony East is listed at $2,550,000, representing a stable valuation aligned with its $2,539,016 Fair Market Value. Boasting an Excellent Condition Rating following an extensive high-end renovation, the residence features a Bertazzoni Chef's Kitchen, a private Finnish Dry Sauna, and a detached Guest Casita. The outdoor oasis offers a Saltwater Pool and Majestic Mountain Views near the 7-rated Katherine Finchy Elementary. This refined retreat is the premier choice for lifestyle-driven buyers or luxury seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 N Arquilla Road Subject | $2,550,000* List Price | 4 | 5 | 3,365 | $727 | - |
A 367 Tamarisk Road Sold | $2,800,000 | 5 | 5 | 3,504 | $799 | 0.6 mi |
B 427 N Avenida Caballeros Sold | $2,675,000 | 5 | 5 | 4,132 | $647 | 0.3 mi |
C 535 E Via Colusa Sold | $2,295,000 | 6 | 7 | 3,554 | $646 | 0.4 mi |
D 1297 Colony Way Sold | $2,125,000 | 3 | 4 | 3,440 | $618 | 0.6 mi |
E 1400 Verdugo Road Pending | $1,975,000 List Price | 4 | 4 | 3,505 | $563 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1981, the property has undergone an extensive high-end renovation that meets modern luxury standards. The home features a contemporary chef's kitchen with premium Bertazzoni appliances, updated bathrooms including a private Finnish dry sauna, and modern finishes like 15-foot coffered ceilings and smart home technology (Ecobee, EV charging). The interior and exterior systems appear virtually new with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17424, living area = 3365.
Situated in the prestigious Movie Colony East on the same street as Frank Sinatra's Twin Palms Estate, this property offers significant historical prestige and a prime corner lot location.
The estate functions as a private retreat featuring a Finnish dry sauna, a saltwater pool and spa, and a detached oversized casita with a kitchenette, perfect for guests or multi-generational living.
The solar power system is leased rather than owned, which may require the buyer to assume ongoing contract obligations and could complicate the financing or transfer process.
The property has undergone significant price reductions from its original $2.995M listing to $2.55M, which may indicate initial overpricing or sensitivity to current market conditions in the luxury segment.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 5.0 | 2.0 | 93% |
| Square foot | 3,365 | 1,914 | 92% |
| Lot Size | 17,424 | 9,583 | 95% |
| Price | $2.55M | $875.0K | 92% |
| Price per sq ft | $758 | $483 | 87% |
| Built year | 1981 | 1986 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 331 | 184 | 91% |
Oct 22, 2025
$2,550,000
$2,895,000
-12% Price Drop
Initial Listing
Sep 30, 2025
$2,895,000
$2,995,000
-3% Price Drop
Initial Listing
May 26, 2025
$2,995,000
Initial Listing