620 S Camino Real, Palm Springs, California 92264, Palm Springs, 92264 - 5 bed, 4 bath
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Palm Springs, California 92264
This Historic Spanish-Style Estate is a Prime Investment Opportunity, listed at $1,425,000—positioned well below the $1,496,608 Fair Market Value by 4%. This valuation gap offers $71,608 in Instant Equity. Boasting an Excellent Condition Rating, the 1938 residence features a renovated kitchen, private casita, and a Pebble-Tec pool with mountain views. With an active STR permit in the capped Warm Sands neighborhood, it offers rare income security. This is an ideal acquisition for Boutique Vacation Rental Investors or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 S Camino Real Subject | $1,395,000* List Price | 5 | 4 | 2,115 | $674 | - |
A 1554 E San Lucas Road Sold | $1,510,000 | 3 | 3 | 2,022 | $747 | 0.5 mi |
B 1175 E San Lucas Road Sold | $1,299,000 | 3 | 3 | 1,769 | $734 | 0.3 mi |
C 1450 S Via Soledad Sold | $1,300,000 | 3 | 3 | 1,975 | $658 | 0.7 mi |
D 1125 E Sunny Dunes Road Active | $1,550,000 List Price | 4 | 3 | 2,277 | $681 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1938, this property has undergone an extensive and high-quality renovation within the last few years. The interior features a modern open-concept kitchen with updated cabinetry and stainless steel appliances, fully renovated bathrooms with contemporary fixtures and designer tile, and integrated smart home technology including a Tesla charger. The preservation of historic elements like Saltillo tile and vaulted ceilings, combined with the lack of deferred maintenance and the addition of a modern Pebble-Tec pool system, places it in the excellent category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 2115.
The property features an active short-term rental (STR) permit in the desirable Warm Sands neighborhood, which is currently under the city's permit cap, providing immediate and rare income potential.
Built in 1938, the home masterfully preserves its architectural heritage with Saltillo tile and vaulted ceilings while integrating modern luxuries like a Tesla charger and smart home technology.
Fitting five bedrooms into 2,115 square feet may result in smaller individual room sizes and a more compact interior flow than typically expected in a luxury Palm Springs residence.
As a 1938 structure, the property may require more frequent maintenance or specialized care for its aging structural and utility systems compared to newer builds in the area.
Stunning 1938 Spanish-Style Home in Warm Sands. Welcome to this beautifully preserved five-bedroom, four-bathroom Spanish-style residence located in the highly desirable Warm Sands neighborhood of Palm Springs. Blending timeless 1938 character with thoughtful modern upgrades, this fully gated property offers approximately 2,115 square feet of living space with breathtaking views of the San Jacinto Mountains. Inside, the home showcases classic Saltillo tile floors, vaulted and pitched ceilings, and charming brick accents, all centered around the original 1938 fireplace in the spacious living area. The updated open-concept kitchen and beautifully renovated bathrooms provide modern comfort while preserving the home's historic charm. The flexible floor plan includes five bedrooms, including a private attached casita with its own entrance and ensuite bathroom, ideal for guests, extended family, or additional rental income. Step outside to a resort-style backyard designed for relaxation and entertaining. Enjoy a Pebble-Tec saltwater pool and spa, multiple lounge areas, a fire pit, and a gas grill surrounded by mature landscaping and stunning mountain views. Conveniently located just minutes from the heart of Palm Springs, this home provides easy access to world-class dining, boutique shopping, art galleries, and scenic hiking trails. With excellent short-term rental returns and an active STR permit, this property presents a rare opportunity for both lifestyle and investment.Additional Highlights: Fully gated private property, Smart home features including keyless entry and smart thermostats, Tesla wall charger, Multiple outdoor seating and entertaining areas, Active short-term rental (STR) permit with strong rental history and future bookingsLocated in Warm Sands, which is currently under the STR permit cap. Whether you're seeking a primary residence, luxury vacation home, or high-performing investment property, this exceptional home delivers the perfect blend of historic Palm Springs charm, modern comfort, and resort-style living.Contact us today for additional information or to schedule a private showing!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.2 mi
Grades K-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 2,115 | 2,266 | 43% |
| Lot Size | 10,018 | 10,019 | 43% |
| Price | $1.40M | $1.35M | 53% |
| Price per sq ft | $660 | $609 | 62% |
| Built year | 1938 | 1976 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 158 | 4% |
Apr 14, 2026
$1,395,000
$1,425,000
-2% Price Drop
Initial Listing
Mar 5, 2026
$1,425,000
Initial Listing
Jun 29, 2021
$1,074,500
Public Record