700 N Prescott Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath

700 N Prescott Drive, Palm Springs, California 92262 home-pic-0

700 N Prescott Drive

Palm Springs, California 92262

ACTIVE
CONDITION: GOOD
3Beds
4Baths
1,695Sq Ft
10,019Lot Size

Property Price

LIST PRICE$1,795,000
EST. MARKET VALUE
$1,554,474
15% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,554,474
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
700 N Prescott Drive
Subject
$1,795,000*
List Price
341,695$917-
A
963 N Via Monte Vista
Sold
$2,160,000321,600$1,3500.4 mi
B
1155 E Paseo El Mirador
Sold
$1,575,000432,089$7541.0 mi
C
1399 N Via Donna
Sold
$1,695,000432,198$7711.0 mi
D
1399 N Via Donna
Sold
$1,695,000432,198$7711.0 mi
E
623 W Regal Drive
Active
$2,195,000
List Price
442,284$9610.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition and has been meticulously maintained. Although the major renovation occurred in the mid-1990s, the home features modern updates including LED lighting, custom cabinetry, stainless steel appliances, and a wine cooler. The interior showcases high-quality finishes like exposed wood beams and modern fixtures, while the exterior offers a well-equipped outdoor kitchen and saltwater pool, meeting the standards for a high-end, well-preserved residence.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1695.

  • Prestigious Location & Value

    Located in the elite Old Las Palmas neighborhood, this property is the lowest-priced entry point in an area dominated by $7M+ estates, offering significant prestige and equity potential.

  • Exceptional Outdoor Amenities

    The private desert oasis features a saltwater pool, spa, and outdoor kitchen paired with breathtaking San Jacinto Mountain views, perfect for high-end entertaining.

CONSRISKS & DEFICIENCIES

  • Compact Living Space

    At 1,695 square feet, the home is considerably smaller than the surrounding grand estates, which may limit its appeal to buyers seeking a more expansive luxury floor plan.

  • Aging Major Renovation

    While the home has been updated, the most extensive remodel occurred in the mid-1990s, suggesting that some systems and finishes may soon require modernization to maintain a contemporary luxury standard.

About 700 N Prescott Drive

Welcome to a rare Old Las Palmas offering--currently the lowest-priced home among surrounding $7M+ estates. Just one block from downtown Palm Springs' renowned restaurants, shops, and entertainment, this historic neighborhood is celebrated for its welcoming community, neighborhood socials, and morning dog/people strolls.Privately gated, the property opens to a serene desert oasis featuring mature landscaping complemented by newer low-maintenance desert additions. This beautifully renovated residence blends old-world charm with modern sophistication and offers exceptional versatility ideal as a short-term rental, condo alternative. or just a darling small home on a beautiful private lot..Enter directly into the living room, highlighted by ceilings with exposed wood beams, modern lighting, and a cozy fireplace. The adjacent kitchen and dining area, visible through a classic serving window, overlook the saltwater pool, spa, and outdoor kitchen, creating seamless indoor-outdoor living perfect for entertaining.The home features two-bedroom suites plus a third bedroom currently used as an office. The elevated primary suite occupies the second level, offering breathtaking San Jacinto Mountain views, dramatic beamed ceilings, and stair access to the backyard and pool. A guest suite is located on the main level, along with the third bedroom/office and powder room. A fourth bath serves the pool area and includes generous storage within a detached structure. Originally built in 1946 and extensively remodeled in 1993-1994, additional highlights include LED lighting throughout, custom cabinetry and countertops, wine cooler, newer sprinkler system, and a carport.A rare chance to own a thoughtfully updated desert retreat in one of Palm Springs' most prestigious neighborhoods. Buyers should do their own due diligence & confirm with the city regarding any desired improvements

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1946
Lot Size
10,019 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
70%
Square foot1,6951,964
34%
Lot Size10,0199,583
58%
Price$1.79M$900.0K
87%
Price per sq ft$1.1K$478
97%
Built year19461989
4%
HOA$0$0
50%
Days on market67180
7%

Pricing History

Listed for Sale

Dec 31, 2025

$1,795,000

Initial Listing

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