
Palm Springs, California 92262
This Modern Architectural Masterpiece in the historic Old Las Palmas neighborhood is listed at $7,250,000, representing a stable valuation aligned with its $7,063,360 Fair Market Value. Completed in 2017 with a Pristine Condition Rating, the estate showcases a dramatic floating roof, a custom Italian Valcucine kitchen, and the iconic Sinatra Bar. Offering Panoramic Mountain Views and access to Katherine Finchy Elementary within the Palm Springs Unified District, the home defines desert luxury. This trophy property is a premier choice for Luxury Home Seekers and Architectural Collectors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 740 N Prescott Drive Subject | $7,250,000* List Price | 5 | 6 | 4,527 | $1,560 | - |
A 1184 Camino Mirasol Active | $5,250,000 List Price | 5 | 6 | 4,341 | $1,209 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2016 and completed in 2017, making it virtually new. The description highlights a custom Italian Valcucine kitchen with Miele appliances, high-end finishes like limestone and hardwood floors, Venetian plaster walls, and smart home integration. The images confirm a pristine, modern, and luxurious aesthetic throughout, especially in the kitchen and bathrooms, with no signs of wear or deferred maintenance. All components meet current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24829, living area = 4527.
An 'unapologetically exuberant architectural statement' by renowned architect Narendra Patel, featuring a 'dramatic floating roof' that frames mountain views and masterfully balances grandeur with warmth.
Defined by 'refined materials and impeccable craftsmanship,' including limestone and hardwood floors, Venetian plaster walls, 9-foot solid wood doors, and a custom Italian Valcucine kitchen with Miele appliances.
The 'unapologetically exuberant architectural statement' and unique 'dramatic floating roof' may appeal to a specific buyer aesthetic, potentially limiting the market to those who appreciate its distinct modern design.
The extensive custom features, high-end materials, and integrated smart home systems, while luxurious, could imply higher ongoing maintenance costs and require specialized servicing.
With a list price of $7.25 million, this property targets a very exclusive segment of the market, which inherently narrows the pool of potential buyers.
One of the rare newer custom residences completed in 2017 within one of Palm Springs' oldest and most storied neighborhoods, 740 N Prescott is an unapologetically exuberant architectural statement that masterfully balances grandeur with warmth. Designed for a showcase of your personal art and through a long and deliberate collaboration between visionary clients and renowned architect Narendra Patel of Patel Architecture, Inc., this extraordinary estate is a stunning expression of indigenous materials, natural light, and thoughtful modern design.The home's defining feature is its dramatic floating roof--a soaring canopy that appears to hover above the residence, framing breathtaking views of Mt. San Jacinto while creating a captivating sense of spatial ambiguity. Sculptural, tectonic-inspired forms shape the underside of the roof, which discreetly conceals the home's lighting and mechanical systems, preserving clean architectural lines throughout. Inside, refined materials and impeccable craftsmanship define every space. Limestone and hardwood floors, Venetian plaster walls, 9-foot solid wood doors, and a sleek gas fireplace set a tone of understated luxury. The custom Italian Valcucine kitchen from Milan anchors the home with recycled wood cabinetry, Miele appliances, dual dishwashers, dual wine refrigerators, steam oven, built-in coffee system, walk-in pantry, and water softener system--perfectly suited for both everyday living and elevated entertaining.Designed for seamless indoor-outdoor living, the home features automated windows and motorized blinds in key living spaces and bedrooms, opening to a new pool deck and saltwater pool. Entertaining is elevated further by the iconic sunken onyx bar--The Sinatra Bar--complete with its own powder room and dramatic design flair.The primary suite is a private sanctuary featuring dual vanities, soaking tub, sunken shower, and limestone floors. Three additional guest suites offer bespoke finishes including onyx and Italian sinks, walk-in closets, automated blinds, and designer-tiled baths. A separate 383 sq. ft. casita provides exceptional flexibility with a full kitchenette, marble counters, dual-vanity bath, and tile shower.Additional features include a California red cedar roof, three HVAC systems, a mini-split in the garage, fire sprinkler system, service entry, smart home integration, marble laundry room, six-camera security system and large 3 car garage.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.1 mi
Grades K-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 6.0 | 2.0 | 97% |
| Square foot | 4,527 | 1,914 | 98% |
| Lot Size | 24,829 | 9,583 | 98% |
| Price | $7.25M | $875.0K | 100% |
| Price per sq ft | $1.6K | $483 | 100% |
| Built year | 2016 | 1987 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 129 | 185 | 27% |
Dec 15, 2025
$7,250,000
Initial Listing
Feb 7, 2013
$1,000,000
Public Record
May 28, 2004
$1,395,000
Public Record
May 11, 1999
$885,000
Public Record
Feb 14, 1997
$675,000
Public Record