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
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 640 S Calle Palo Fierro Subject | $769,000* List Price | 2 | 2 | 1,456 | $455 | - |
A 595 S Calle Santa Rosa Sold | $743,250 | 1,929 | $385 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Raymond Cree Middle School
Grades 6-8 • 2.2 mi
Desert Learning Academy
Grades K-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,456 | 2,303.5 | 12% |
| Lot Size | 5,227 | 10,236.5 | 18% |
| Price | $769.0K | $1.43M | 13% |
| Price per sq ft | $528 | $606 | 36% |
| Built year | 1938 | 1972 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 163 | 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









































































