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587 N Calle Marcus, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

587 N Calle Marcus, Palm Springs, California 92262 home-pic-0
ACTIVE UNDER CONTRACT$1,099,000
587 N Calle Marcus, Palm Springs, California 92262
2Beds
2Baths
1,284Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($983,550.575) is $115,449.425 (10%) lower than the list price ($1,099,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Perfectly situated in the highly desirable Movie Colony East in Palm Springs, offering excellent access to local amenities and the vibrant desert lifestyle.
Top Cons:
Limited Garage Space: The property includes a one-car garage, which may be insufficient for buyers with multiple vehicles or those requiring additional storage space.

Compared to the nearby listings

Price:$1.10M vs avg $925.0K (+$174,000)63%
Size:1,284 sqft vs avg 2,096 sqft9%
Price/sqft:$856 vs avg $49192%

More Insights

Built in 1954 (71 years old).
Condition: Despite being built in 1954, this property has undergone an extensive and recent modern renovation, as explicitly stated in the description and clearly showcased in the images. The kitchen features sleek white cabinetry, modern stainless steel appliances, contemporary countertops, and a stylish backsplash. The bathrooms are equally modern with dual vanities, large format tile, and updated fixtures. The property boasts new flooring throughout, modern light fixtures, and significant energy efficiency upgrades including a fully owned solar system and Tesla battery. All components appear virtually new, meeting current quality standards with no visible deferred maintenance.
Year Built
1954
Close
-
List price
$1.1M
Original List price
$1.18M
Price/Sqft
$856
HOA
-
Days on market
-
Sold On
-
MLS number
25599325PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Discover this beautifully updated 1954 Meiselman-built mid-century home, perfectly situated in the heart of Movie Colony East in Palm Springs. This stylish retreat features two spacious bedrooms, two full bathrooms, and a versatile den that can easily serve as a third bedroom, home office, art studio, or gym. Recently renovated, the home has a sleek open-concept kitchen, modern bathrooms, and generously sized bedrooms. The kitchen is a chef's dream, offering panoramic views through a wall of glass that overlooks the sparkling pool and the serene mountain backdrop. Step outside and enjoy the ultimate desert lifestyle with a refreshing swim in the recently added pool, a soak in the spa, or a barbecue followed by alfresco dining beneath the built-in shade structure. As the sun sets, gather around the cozy fire pit for relaxing evenings and great conversation. The fully gated property includes a one-car garage, ample off-street parking, and a fully owned solar system with a Tesla battery helping you save on energy costs year-round. Last but not least, this home is offered turnkey furnished. Interested in rental income? Check with the City of Palm Springs about obtaining a Junior Rental Permit. Contact the agent today for a private showing of this iconic Palm Springs home!

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.0mi
6/10
Palm Springs High School
Public,•9-12•1.1mi
4/10
Desert Learning Academy
Public,•K-12•1.2mi
Condition Rating
Excellent
Despite being built in 1954, this property has undergone an extensive and recent modern renovation, as explicitly stated in the description and clearly showcased in the images. The kitchen features sleek white cabinetry, modern stainless steel appliances, contemporary countertops, and a stylish backsplash. The bathrooms are equally modern with dual vanities, large format tile, and updated fixtures. The property boasts new flooring throughout, modern light fixtures, and significant energy efficiency upgrades including a fully owned solar system and Tesla battery. All components appear virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Location: Perfectly situated in the highly desirable Movie Colony East in Palm Springs, offering excellent access to local amenities and the vibrant desert lifestyle.
Extensive Modern Renovation: The 1954 Meiselman-built home has been beautifully updated with a sleek open-concept kitchen, modern bathrooms, and generously sized bedrooms, blending classic mid-century charm with contemporary comforts.
Exceptional Outdoor Living: Features a recently added sparkling pool, spa, built-in shade structure for alfresco dining, and a cozy fire pit, ideal for enjoying the ultimate desert lifestyle and entertaining.
Energy Efficiency: Equipped with a fully owned solar system and a Tesla battery, significantly reducing energy costs year-round and promoting sustainable living.
Turnkey & Income Potential: Offered turnkey furnished, allowing for immediate occupancy or rental. The property also presents potential for rental income with a Junior Rental Permit (subject to city approval).

Cons

Limited Garage Space: The property includes a one-car garage, which may be insufficient for buyers with multiple vehicles or those requiring additional storage space.
Rental Permit Uncertainty: While rental income is possible, obtaining a Junior Rental Permit requires checking with the City of Palm Springs, indicating it's not a guaranteed or pre-approved feature.
Modest Square Footage: With 1284 square feet, the interior living space, while efficiently designed with a versatile den, might be considered modest for some buyers seeking larger homes, especially at this price point.

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