611 N Phillips Road, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 7 bath
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Palm Springs, California 92262
Analysis of 611 N Phillips Road, Palm Springs, California 92262 is currently available with a list price of $10,500,000. 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.
Property is new construction or fully renovated.
Despite being built in 1962, this landmark mid-century modern estate has undergone meticulous preservation and features a 'recently reimagined kitchen' with high-end Poggenpohl cabinetry and Gaggenau appliances. The description emphasizes that 'nothing has been spared,' indicating extensive, high-quality renovations within the last 5 years. Terrazzo floors, expansive glass, and the overall pristine condition visible in the images, coupled with its Class 1 historic designation, confirm that all components are new or virtually new, meeting current luxury standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35719, living area = 4683.
A landmark Palm Springs estate, a crown jewel of mid-century modernism, designed by William F. Cody, and designated as a Class 1 historic property.
The Class 1 historic designation ensures the home's architectural integrity and value are permanently protected, appealing to preservation-minded buyers.
The $10.5 million list price targets a very niche market, potentially limiting the pool of prospective buyers.
The Class 1 historic designation, while a strength, may impose significant restrictions on future modifications or expansions, which could deter some owners.
A property of this size, age, and architectural significance, with extensive luxury features and outdoor spaces, will likely command substantial ongoing maintenance and operational costs.
A landmark Palm Springs estate in the heart of The Movie Colony, considered a crown jewel of mid-century modernism, is available for the first time since earning a Class 1 historic designation. Representing the pinnacle of meticulous preservation, the designation ensures that the William F. Cody-designed home will forever be protected. Its unique, geometric floor plan is among the features that set it apart. With 26-foot-high ceiling peaks finished with sandblasted Douglas fir, expansive glass, terrazzo floors and resort-style outdoor living spaces, the Abernathy home blends luxury with privacy and tranquility against a canvas of desert mountain views. Its undeniable versatility extends to entertaining, thanks to a recently reimagined kitchen finished with design-aligned Poggenpohl cabinetry and Gaggenau appliances. Nothing has been spared in this exquisite William Cody architectural "masterwork."
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 7.0 | 2.0 | 99% |
| Square foot | 4,683 | 1,914 | 98% |
| Lot Size | 35,719 | 9,583 | 99% |
| Price | $10.50M | $875.0K | 100% |
| Price per sq ft | $2.2K | $483 | 100% |
| Built year | 1962 | 1986 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 190 | 185 | 55% |
Oct 15, 2025
$10,500,000
Initial Listing