
Palm Springs, California 92264
This Modernized Desert Retreat is a Prime Investment Opportunity, listed at $699,000—positioned well below the $723,078 Fair Market Value by 3%. This valuation gap offers $24,078 in Instant Equity for a property that previously commanded an $866,000 sale price. Boasting a Condition Rating of 2, the home features a comprehensive renovation with contemporary finishes, a private pool, and a jacuzzi framed by mountain views. Located in the desirable Warm Sands neighborhood near Cahuilla Elementary, it perfectly balances historical 1938 character with modern luxury. This is an ideal acquisition for Owner-Occupants or Second-Home Buyers seeking a turnkey Palm Springs lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 686 S Camino Real Subject | $699,000* List Price | 2 | 2 | 1,116 | $640 | - |
A 690 S Calle Palo Fierro Active | $669,950 List Price | 4 | 2 | 1,276 | $525 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1938, the property has undergone an extensive and thoughtful renovation within the last few years, as evidenced by the contemporary finishes in the kitchen and bathrooms. The interior features modern flooring, updated light fixtures, and a cohesive design. With a private pool, jacuzzi, and updated systems, the home meets the criteria for a fully renovated property with no deferred maintenance and high-quality modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1116.
The property features a thoughtfully remodeled interior with contemporary finishes, a cozy fireplace, and a private backyard oasis complete with a pool and jacuzzi.
Nestled in the desirable Warm Sands neighborhood, the home offers stunning mountain views and excellent proximity to local amenities and Cahuilla Elementary School.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1116, other record living area = 1296.
At 1,116 square feet, the two-bedroom layout is relatively small, which may limit its appeal for families or those requiring a dedicated home office.
The property is currently unstaged and sold without furnishings, which can make it more difficult for prospective buyers to visualize the full potential of the living spaces.
Discover comfortable, modern living at 686 S. Camino Real. This thoughtfully remodeled home offers a clean blend of style and functionality in the heart of Palm Springs. The residence features two well-proportioned bedrooms and two full bathrooms with updated, contemporary finishes.The interior has been carefully renovated throughout, creating a cohesive and welcoming living space. A fireplace adds warmth and character to the main living area, making it ideal for both relaxing and entertaining.Outside, enjoy a private backyard with a pool and jacuzzi, perfect for everyday enjoyment or hosting guests. Mountain views provide a scenic backdrop and enhance the home's relaxed Palm Springs atmosphere.Property is not currently staged and no furnishings are included. Pictures used with permission.
No exterior & parking available.
Grades K-5 • 0.3 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 | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,116 | 2,266 | 3% |
| Lot Size | 7,405 | 10,019 | 28% |
| Price | $699.0K | $1.34M | 11% |
| Price per sq ft | $626 | $609 | 54% |
| Built year | 1938 | 1976 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 158 | 2% |
Mar 16, 2026
$699,000
Initial Listing
May 25, 2022
$866,000
Public Record
May 24, 2022
$765,000
Public Record
Mar 22, 2022
$340,000
Public Record