601 Las Palmas Estates Drive, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 5 bath
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Palm Springs, California 92262
This Luxury Pre-Construction Estate in the prestigious Old Las Palmas enclave is listed at $4,195,000—positioned below the $4,237,701 Fair Market Value by 1%. This valuation provides $42,701 in Instant Equity for the buyer. Boasting a Mint Condition Rating, the 2027 residence features a chef’s kitchen with Wolf appliances, solar panels, and a resort-style backyard with a pool, spa, and mountain views. Located near top-rated Katherine Finchy Elementary, it is ideal for Luxury Home Seekers and Lifestyle-Focused Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 Las Palmas Estates Drive Subject | $4,195,000* List Price | 4 | 5 | 3,226 | $1,314 | - |
A 1255 Camino Mirasol Sold | $3,250,000 | 4 | 5 | 3,003 | $1,082 | 0.6 mi |
B 783 N Rose Avenue Sold | $3,695,000 | 5 | 4 | 3,386 | $1,091 | 0.3 mi |
C 1189 N Rose Avenue Sold | $3,750,000 | 4 | 5 | 2,907 | $1,290 | 0.6 mi |
D 429 Camino Sur Sold | $3,750,000 | 3 | 3 | 3,146 | $1,192 | 0.5 mi |
E 357 Camino Sur Active Under Contract | $3,950,000 List Price | 4 | 4 | 2,952 | $1,338 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a pre-construction/newly built home (2027) featuring high-end Wolf and Sub-Zero appliances, quartz countertops, and modern systems including solar panels. It is in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 3226.
Situated in the prestigious Old Las Palmas neighborhood, this property is part of an exclusive gated enclave of only 20 homes, offering both high-end privacy and immediate proximity to downtown Palm Springs.
The architectural design features 35-foot-wide sliding glass doors and 12-foot ceilings, perfectly integrating the luxury interior with resort-style outdoor amenities including a pool, spa, and bocce ball court.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17860, other record lot size in square feet = 190357. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3226, other record living area = 8970. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
As a pre-construction offering with a projected completion in 2027, this property requires a significant wait time, which may not appeal to buyers seeking immediate occupancy.
While the large lot allows for up to 6 bedrooms, the advertised 4-bedroom configuration requires additional capital investment to reach the property's full potential capacity.
Final Phase of ONE Las Palmas, a new gated community by Brian Foster, Pre-construction Plan 1 residence sits on a generous lot just under 18,000 sq ft and includes 4 bedrooms, 4.5 baths totaling approx. 3,226 sq ft. The layout is comprised of a main house and fully detached guest house. The large lot can also accommodate an additional detached 1or 2-bedroom guest house offering up to 5-6 bedrooms at additional cost. Thoughtfully crafted with exceptional attention to detail, the expansive great room showcases 35 feet of 12-foot-tall sliding glass doors and soaring ceilings creating seamless indoor-outdoor living. Entertain effortlessly with multiple outdoor spaces, including a covered terrace, BBQ area, a stunning pool with tanning shelf & elevated spa, two firepits / conversation areas and bocce ball court. Interior highlights include Wolf & Sub-Zero appliances, large-format porcelain tile flooring, designer carpeting in bedrooms, quartz countertops, oversized kitchen island, linear fireplace with custom wall surround, wet bar, built-in speakers, and solar panels. The luxurious primary suite features a spa-inspired bathroom with a double walk-in shower, floating soaking tub, dual vanities, and ambient lighting. ONE Las Palmas features an exclusive collection of just twenty modern residences. Ideally located near the heart of downtown Palm Springs, this serene enclave offers privacy, luxury, and breathtaking views of Dry Falls and the surrounding mountains. Experience true resort-style living in a home that blends iconic Mid-Century inspiration with contemporary design. Model Homes are open for viewing by appointment.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.4 mi
Grades K-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 3,226 | 1,940 | 92% |
| Lot Size | 17,860 | 9,583 | 95% |
| Price | $4.20M | $875.0K | 97% |
| Price per sq ft | $1.3K | $488 | 97% |
| Built year | 2027 | 1987 | 100% |
| HOA | $134.0 | $0 | 67% |
| Days on market | 39 | 180 | 2% |
Apr 29, 2026
$4,195,000
Initial Listing