
Palm Springs, California 92264
This Custom Parc Andreas Estate is a premier Value-Add Opportunity in Andreas Hills. Listed at $2,239,000, the price reflects the property's massive 5,528 sqft scale and Panoramic Mountain Views. While the $1,307,611 Fair Market Value estimate provides a baseline, the home's Brand-New Pool and Spa and Condition Rating of 4 present a clear path for forced appreciation through updates to the Granite Kitchen and original finishes. Located near Palm Springs High School and Indian Canyons, this asset is an ideal acquisition for Luxury Value-Add Investors or Owner-Occupants seeking a customizable trophy residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 64910 Montevideo Way Subject | $2,239,000* List Price | 4 | 6 | 5,528 | $371 | - |
A 725 W Azalea Circle W Sold | $1,700,000 | 4 | 6 | 4,231 | $402 | 0.7 mi |
B 38760 Maracaibo Circle Active | $1,650,000 List Price | 4 | 5 | 3,624 | $455 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this custom estate is well-maintained but largely reflects its original construction era. While it features a new roof coating (2023), fresh paint, and a brand-new pool/spa, the listing explicitly identifies the kitchen, bathrooms, and flooring as areas needing updates. The property is functional and grand in scale, but the interior finishes and fixtures are aged and show signs of being outdated compared to current luxury standards.
If you're seeking Scale, Prestige, and Exceptional Value, this is a rare opportunity in Andreas Hills known as the 'Bel Air' of Palm Springs. Enjoy an elevated setting, rolling hills, architectural significance, and peaceful ambiance in this Premier Location in Palm Springs. An impressive 5,528 sq.ft. on nearly half an acre, this custom estate offers 4 bedrooms and 6 baths in one of most coveted neighborhoods. Designed by noted architect Wendell Veith, the residence showcases quality construction and timeless architectural elements throughout. While the home presents an outstanding value, it offers an opportunity for a buyer to update select finishes, including baths, kitchen, and flooring making it ideal for a discerning purchaser who recognizes potential and appreciates long-term upside. The light-filled interior features soaring ceilings, fresh white interior and exterior paint, polished white marble floors, solid core doors, and a dramatic full-length hallway--perfect for displaying large-scale art. A grand double-door entry opens to mountain views framed by expansive sliding glass doors and windows throughout. A luxurious primary suite offers dual baths and walk-in closets, a marble fireplace, and plantation shutters. All guest suites feature walk-in closets, providing abundant storage. New roof coating (2023) Over $100,000 in recent renovations, Brand-new pool and spa with Kool Deck surround & New front entry stairs. Additional highlights include a granite kitchen with island, a tiled two-car garage, and generous storage throughout.Located within the gated community of Parc Andreas, residents enjoy tennis and pickleball courts and proximity to the renowned Indian Canyons Golf Resort (North and South courses) as well as the natural beauty of Indian Canyons.This is a compelling opportunity to create a truly exceptional estate in an A+ location.
No exterior & parking available.
Grades K-5 • 2.9 mi
Grades 6-8 • 5.4 mi
Grades K-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 6.0 | 3.0 | 97% |
| Square foot | 5,528 | 2,268 | 98% |
| Lot Size | 19,166 | 10,019 | 94% |
| Price | $2.24M | $1.35M | 83% |
| Price per sq ft | $405 | $608 | 15% |
| Built year | 1991 | 1976 | 67% |
| HOA | $224.0 | $0 | 75% |
| Days on market | 155 | 158 | 50% |
Nov 18, 2025
$2,239,000
Initial Listing