586 Polaris Court, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 5 bath

586 Polaris Court, Palm Springs, California 92264 home-pic-0

586 Polaris Court

Palm Springs, California 92264

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
5Baths
3,349Sq Ft
16,117Lot Size

Property Price

LIST PRICE$3,300,000
EST. MARKET VALUE
$3,280,484

SUMMARY

Estimated Market Value

$3,280,484
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
586 Polaris Court
Subject
$3,300,000*
List Price
453,349$980-
A
575 Capella Court
Sold
$3,050,000343,322$9180.0 mi
B
551 Polaris Court
Active
$3,295,000
List Price
343,484$9460.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2018, this luxury modern home is well within the 10-year threshold for an excellent rating. The property features high-end contemporary finishes, including a gourmet kitchen with a massive quartz island and double ovens, spa-like bathrooms with stand-alone tubs and glass-surround showers, and premium 12-foot stack sliders. With modern systems such as home automation, electrified blinds, a tankless water heater, and a climate-controlled 3-car garage, the home meets current luxury standards with no deferred maintenance.

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 = 16117, living area = 3349.

  • Prime Location and Views

    Situated in the prestigious Historic Tennis Club neighborhood, this home offers rare, unobstructed western mountain views and immediate proximity to downtown Palm Springs and the Lykken hiking trail.

  • Modern Luxury Amenities

    Built in 2018, the property features 12-foot ceilings, seamless indoor-outdoor living via stack sliders, a high-end gourmet kitchen, and the unique inclusion of a Tesla Model 3.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • School District Ratings

    The assigned public schools for this address currently hold average to lower ratings (4/10), which may be a consideration for buyers with school-aged children.

  • Market Positioning

    Despite a recent price reduction, the $3.3M asking price represents a significant premium for the area, which may limit the pool of qualified buyers in a shifting market.

About 586 Polaris Court

HOME + EV CAR Combo! Enjoy this Luxury Modern home in downtown Palm Springs located in the Skye community within the Historic Tennis Club neighborhood with a Model 3 TESLA Included. Built in 2018, this home sits on one of the LARGEST lots with over 16,000 square feet and with over 3400 square feet of living space. This 4 bed and 4.5 bath home provides many areas for relaxation, meditation, entertainment and ease of daily living. Arguably one of the best floor plans, stunning up-close mountain views can be seen from almost the entire home! Oriented strategically, the front western facing pool utilizes the best features of Palm Springs, the Mountain and the Sun! The master bedroom, Living room, Dining Room, kitchen and Media Room all face outdoors. The 12-foot ceilings and 12-foot stack sliders allow the boundaries between indoors and outdoors to merge. The master suite has direct pool and mountain views! Interior and exterior shades provide complete control over privacy and light. The ensuite bath is truly a spa-like experience. Dual water-closets, vanities and sinks allow for complete personalization of one's "getting ready space". The large glass-surround shower and extra-deep stand-alone tub offer choice. The master closet is enormous! The gourmet kitchen includes perhaps the largest quartz kitchen island seen, double-ovens, generous preparation space, gas cooktop & hood and large walk-in pantry. The adjacent dining room allows for more formal eating occasions while the bar-counter and outdoor counter provide more intimate and fun settings. The fourth ensuite bedroom can be used as an office, lounge, media room or home gym. Private enjoyment of the outdoors is paramount in Palm Springs. Desert palms, cacti and agaves provide an envious, luxurious curb appeal while offering an intimate, private oasis inside the walls. Beautiful landscaping surrounds the home on all sides. Walk-ways connect multiple seating areas around the entire home. Swim, splash, soak or drift in the pool and spa with complete privacy. The front yard is THE place to be! Facing west, the mountains appear close enough to touch. During the day, lounge half-in and half-out of the water one of the two pool tanning shelves. For evening, the outdoor Barbeque area includes a gas grill, griddle, two preparation sinks, beverage center and large countertop with bar-top seating. Turn on the gas fire pit and enjoy company or solitude while enjoying the night sky or gazing at the mountain. The elevated spa waters trickle down peacefully into the pool adding to the relaxing ambience. Inside the pool, take a break from swimming or just cool off while having a beverage on the six built-in underwater seats. This luxury home also includes a 3-CAR garage, garage AC, hanging garage storage racks, tankless water heater, home automation, electrified blinds, outdoor BBQ area with counter seating, multiple outdoor destination areas and is close to downtown Palm Springs and a few streets away from the north Lykken hiking trail.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2018
Lot Size
16,117 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$200.0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Cahuilla Elementary School

Grades K-5 • 0.9 mi

4/10

Raymond Cree Middle School

Grades 6-8 • 2.3 mi

4/10

Desert Learning Academy

Grades K-12 • 1.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
66%
Baths5.03.0
86%
Square foot3,3492,319.5
83%
Lot Size16,11710,454
88%
Price$3.30M$1.44M
96%
Price per sq ft$985$608
96%
Built year20181972
89%
HOA$200.0$0
72%
Days on market70163
11%

Pricing History

Listed for Sale

Jan 6, 2026

$3,300,000

$3,495,000

-6% Price Drop

Initial Listing

Price Change

Dec 27, 2025

$3,495,000

Initial Listing

Sold

Jan 11, 2019

$1,845,000

Public Record

Sold

Dec 27, 2018

$1,657,500

Public Record

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