640 S Calle Palo Fierro, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

640 S Calle Palo Fierro, Palm Springs, California 92264 home-pic-0

640 S Calle Palo Fierro

Palm Springs, California 92264

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,456Sq Ft
5,227Lot Size

Property Price

LIST PRICE$769,000
EST. MARKET VALUE
$662,902
16% AboveMARKET VALUE

SUMMARY

Analysis of 640 S Calle Palo Fierro, Palm Springs, California 92264 reveals a property with a current list price of $769,000, which is 16% above the estimated $662,902 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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

$662,902
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
640 S Calle Palo Fierro
Subject
$769,000*
List Price
221,456$455-
A
595 S Calle Santa Rosa
Sold
$743,2501,929$3850.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone a complete gut renovation, featuring a modern professional-grade kitchen with marble countertops and a six-burner stove, updated bathrooms with contemporary porcelain tile, new mini-split HVAC systems, and high-quality finishes throughout both the main house and the basement studio.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Walkable Location

    Situated in the highly desirable Warm Sands neighborhood, this property offers exceptional walkability to downtown Palm Springs, the Vintage Market, and popular local dining destinations.

  • Comprehensive Modern Remodel

    The residence has been completely gutted and updated with high-end finishes, including a professional-grade kitchen with a six-burner stove, marble countertops, and Santa Barbara-style smooth wall finishes.

  • Versatile Secondary Living Space

    The property features a unique, turnkey stand-alone basement unit with its own kitchenette and full bath, providing excellent potential for a guest suite, home office, or supplemental income.

CONSRISKS & DEFICIENCIES

  • Zoning and Compliance Risks

    The property is zoned as single-family residential, and the basement unit's legal status for rental or specific use requires buyer due diligence, which may pose a hurdle for some financing or use cases.

  • Atypical Bedroom Configuration

    With one bedroom converted into a utility/closet area and an open-concept layout for the remaining sleeping quarters, the floor plan may lack the traditional privacy desired by some families.

About 640 S Calle Palo Fierro

Welcome to a unique single-family residence with a turnkey stand-alone basement unit, located in the highly desirable Warm Sands neighborhood of Palm Springs, just a short walk to downtown, the Vintage Market, and popular local dining. This home has been completely gutted and remodeled, offering open-beam ceilings, track lighting, smooth Santa Barbara–style wall and ceiling finishes, and modern wood-laminate flooring throughout. The open-concept kitchen and living area feature upgraded white cabinetry, a farmhouse stainless steel sink with pull-out faucet, a professional six-burner oven and stove, marble countertops and backsplash, and a contrasting butcher-block surface on the oversized center island with breakfast counter. An adjacent area off the kitchen provides flexibility for a dining nook or lounge space. The main level includes two bedroom areas, one with a ceiling fan, and a beautifully remodeled upstairs bathroom with porcelain marble-style tile surround, upgraded vanity, and modern fixtures. An additional room has been converted into a spacious closet and utility area but could be reconfigured back into a bedroom if desired. A rear bonus room with dual closets adds further versatility. Additional upgrades include multiple mini-split HVAC systems, a custom front door, covered front and rear porches, and upgraded dual-pane windows. The remodeled basement level offers a bonus studio or one-bedroom space with kitchenette, full bath, epoxy flooring, new cabinetry, and updated finishes. Property is zoned single-family residential; buyers to perform their own due diligence regarding use.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1938
Lot Size
5,227 Sq. Ft.

Interior

Total Bedrooms
2
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

Cahuilla Elementary School

Grades K-5 • 0.4 mi

4/10

Raymond Cree Middle School

Grades 6-8 • 2.2 mi

4/10

Desert Learning Academy

Grades K-12 • 1.2 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
14%
Baths2.03.0
25%
Square foot1,4562,303.5
12%
Lot Size5,22710,236.5
18%
Price$769.0K$1.43M
13%
Price per sq ft$528$606
36%
Built year19381972
5%
HOA$0$0
50%
Days on market36163
3%

Pricing History

Listed for Sale

Jan 30, 2026

$769,000

Initial Listing

Sold

Mar 27, 2024

$549,000

Public Record

Sold

May 24, 2023

$450,000

Public Record

Sold

May 12, 2022

$637,000

Public Record

Sold

Oct 18, 2021

$485,000

Public Record

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