589 S Mountain View Drive, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 4 bath

589 S Mountain View Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$999,999
589 S Mountain View Drive, Palm Springs, California 92264
4Beds
4Baths
2,885Sqft
10,019Lot
Year Built
1951
Close
-
List price
$1,000K
Original List price
$1.15M
Price/Sqft
$347
HOA
-
Days on market
-
Sold On
-
MLS number
SR25125308
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $1000.0K(35th), sqft - 2885(74th), beds - 4(64th), baths - 4(60th).

Welcome to this stunning home located in one of Palm Springs' most desirable neighborhoods. This versatile property is ideal as a primary residence (or 2nd home), rental income property, or short-term rental (buyer to verify with City pertaining to allowance of SRT, permits, fees, etc). The front house features three spacious bedrooms, two of which are ensuite, and three modern bathrooms, along with a newly updated kitchen complete with sleek cabinets and countertops installed in 2022. The interior boasts new flooring throughout, providing a fresh and contemporary feel. The second attached unit offers a studio and one bathroom, as well as a convenient kitchenette, making it perfect for guests or as an income-generating rental. Front and back unit have separate gas and power meters. The outdoor amenities are equally impressive, with a new pool and spa built in 2022, featuring a heated pool with soothing waterfalls for ultimate relaxation. The property also includes solar panels with two backup batteries installed in 2024, ensuring energy efficiency and significant savings. For those who love to entertain, there is a custom-built barbecue area, ideal for hosting gatherings. Additionally, the property comes with a detached two-car garage and a huge driveway that provides ample parking. This exceptional property offers a unique opportunity to enjoy the sunny Palm Springs lifestyle while benefiting from the flexibility to generate income. Don't miss out on this gem in a prime location!

Nearby schools

4/10
Agua Caliente Elementary School
Public,K-51.2mi
4/10
Cahuilla Elementary School
Public,K-51.8mi
4/10
Raymond Cree Middle School
Public,6-82.7mi
6/10
Palm Springs High School
Public,9-120.7mi
4/10
Desert Learning Academy
Public,K-120.8mi
6/10
Cathedral City High School
Public,9-123.2mi

Price History

Date
Event
Price
11/09/25
Price Change
$999,999-9.0%
09/14/25
Price Change
$1,099,000
06/04/25
Listing
$1,150,000
Condition Rating
Excellent

Despite being built in 1951, this property has undergone extensive and recent renovations, bringing it to a virtually new condition. The kitchen was newly updated in 2022 with sleek cabinets, modern countertops, and new stainless steel appliances. The bathrooms are also modern and updated. New flooring has been installed throughout, and major systems like the pool, spa, and solar panels with backup batteries were added or updated between 2022-2024. All visible components meet current quality standards with no signs of deferred maintenance.
Pros & Cons

Pros

Versatile Income Potential: The property offers exceptional versatility with a main house and a separate attached studio unit with its own kitchenette and meters, ideal for guest accommodation, long-term rental income, or short-term rental opportunities.
Extensive Recent Renovations: Significant recent upgrades include a newly updated kitchen (2022), new flooring throughout, and a new pool and spa (2022), providing a modern and move-in ready living experience.
Advanced Energy Efficiency: Equipped with solar panels and two backup batteries installed in 2024, the property ensures substantial energy savings and reduced utility costs.
Premium Outdoor Amenities: The outdoor space is designed for relaxation and entertainment, featuring a new heated pool with waterfalls, a spa, and a custom-built barbecue area.
Desirable Location & Ample Parking: Situated in a highly sought-after Palm Springs neighborhood, the property also boasts a detached two-car garage and a large driveway, offering abundant parking.

Cons

Original Construction Age: Built in 1951, the property's underlying structure is over 70 years old, which may lead to potential maintenance considerations or older infrastructure not covered by recent cosmetic updates.
Short-Term Rental Verification Required: While marketed for short-term rental potential, buyers are explicitly required to verify city allowances, permits, and fees, introducing a potential hurdle or uncertainty for income generation.
Significant Price Reductions: The property has undergone notable price reductions from its original listing of $1.15M to $999,999, which could suggest initial overpricing or market resistance, potentially impacting perceived value.

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