600 E Alexander Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
600 E Alexander Way
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 600 E Alexander Way, Palm Springs, California 92262 reveals a Fairly Priced Property with a current list price of $895,000 aligned with the estimated $895,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 E Alexander Way Subject | $895,000* List Price | 3 | 2 | 1,225 | $731 | - |
A 859 E Grace Circle Sold | $775,000 | 3 | 2 | 1,225 | $633 | 0.3 mi |
B 888 E Janet Circle Sold | $915,000 | 3 | 2 | 1,225 | $747 | 0.3 mi |
C 578 E Desert Willow Circle Sold | $925,000 | 3 | 2 | 1,225 | $755 | 0.2 mi |
D 2940 N Chuperosa Sold | $705,000 | 3 | 2 | 1,260 | $560 | 1.0 mi |
E 2146 N Blando Road Sold | $980,000 | 3 | 3 | 1,520 | $645 | 0.3 mi |
F 1841 N Berne Drive Sold | $910,000 | 3 | 2 | 1,200 | $758 | 0.3 mi |
G 2889 N Davis Way Active | $1,075,000 List Price | 3 | 2 | 1,224 | $878 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1959, this property has undergone an extensive $175,000 renovation within the last 5 years, bringing it to a like-new standard. The home features a high-end chef's kitchen with a waterfall island and custom cabinetry, fully remodeled bathrooms with modern tile work, and significant infrastructure upgrades including a new roof, HVAC system, sewer line, and 27 solar panels. The integration of original mid-century aesthetics with completely updated mechanical systems and luxury finishes qualifies it for an excellent rating.
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 = 9583, living area = 1225.
- Architectural Pedigree
Designed by Palmer & Krisel and built by the Alexander Construction Company, this 1959 Mid-Century Modern home holds significant historical value and iconic Palm Springs aesthetic appeal.
- Extensive Capital Improvements
With over $175,000 in recent upgrades including 27 solar panels, new HVAC, updated sewer lines, and a new roof with transferable warranties, the home offers rare mechanical reliability for a vintage property.
CONSRISKS & DEFICIENCIES
- Compact Interior Footprint
At 1,225 square feet for a three-bedroom layout, the interior living spaces and bedrooms may feel restrictive for buyers seeking more expansive modern proportions.
- Market Pricing History
The property has undergone multiple price reductions since its initial listing, which may suggest a challenge in aligning the high-end renovation costs with current neighborhood market valuations.
About 600 E Alexander Way
Welcome to 600 E Alexander Way, a quintessential 1959 Mid-Century Modern gem located in the sought-after Racquet Club East neighborhood of Palm Springs. Designed by renowned architects Palmer & Krisel and built by the Alexander Construction Company, this architecturally significant home beautifully blends timeless design with high-end modern upgrades -- making it one of the most updated mid-century homes on the market today. Situated on a corner lot with the most amazing unobstructed mountain views, thoughtfully reimagined with over $175,000 in improvements, the home includes a fully warranted list of updates: new HVAC with air scrubber & surge protection, updated sewer line, windows, desert landscaping with irrigation system, roof, French drain system, mini-split A/C in the primary bedroom, insulation, security camera/alarm system, garage cabinets, epoxy flooring, 27 solar panels, dual security gates, updated pool & equipment, water purification system, and more. And yes -- all warranties are transferable to the new owner. As you step inside, you're immediately greeted by the charm of exposed tongue-and-groove wood ceilings, floor-to-ceiling windows, and an open floor plan designed for effortless indoor/outdoor living. The home features sleek custom cabinetry, a chef's kitchen with a dramatic waterfall island, and remodeled bathrooms with tiled walk-in showers. Step outside to your private desert oasis, complete with a new pool with tanning shelf and Pentair ultra temp electric pump, hot tub, and cantilevered sunscreens that provide shade while complementing the home's original design. All this with unobstructed San Jacinto Mountain views as your backdrop. Whether you're seeking a full-time residence, weekend escape, or high-end vacation rental, this property is ready to impress. No HOA. Fee simple -- you own the land
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 0.3 mi
Raymond Cree Middle School
Grades 6-8 • 0.5 mi
Palm Springs High School
Grades 9-12 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,225 | 1,964 | 6% |
| Lot Size | 9,583 | 9,583 | 50% |
| Price | $895.0K | $895.0K | 50% |
| Price per sq ft | $731 | $478 | 85% |
| Built year | 1959 | 1989 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 143 | 179 | 33% |
Pricing History
Listed for Sale
Mar 4, 2026
$895,000
$907,600
-1% Price Drop
Initial Listing
Price Change
Feb 25, 2026
$907,600
$913,000
-1% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$913,000
$918,000
-1% Price Drop
Initial Listing
Price Change
Jan 2, 2026
$918,000
$930,000
-1% Price Drop
Initial Listing
Price Change
Nov 25, 2025
$930,000
$940,000
-1% Price Drop
Initial Listing
Price Change
Oct 31, 2025
$940,000
$950,000
-1% Price Drop
Initial Listing
Price Change
Oct 15, 2025
$950,000
Initial Listing