760 S Palm Avenue, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
760 S Palm Avenue
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 760 S Palm Avenue, Palm Springs, California 92264 reveals a Prime Investment Opportunity with a current list price of $1,150,000—significantly undercutting the $1,228,819 Fair Market Value by 6%. This valuation gap indicates a +$78,819 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 760 S Palm Avenue Subject | $1,150,000* List Price | 3 | 2 | 1,536 | $800 | - |
A 2517 E Mesquite Avenue Sold | $1,235,000 | 3 | 2 | 1,560 | $792 | 0.6 mi |
B 3534 Las Pampas Way Sold | $1,280,000 | 3 | 2 | 1,532 | $836 | 0.6 mi |
C 1177 S Farrell Drive Sold | $1,265,000 | 3 | 2 | 1,560 | $811 | 0.6 mi |
D 888 S Calle Santa Cruz Sold | $805,000 | 3 | 3 | 1,317 | $611 | 0.6 mi |
E 2964 E Orella Circle Active | $1,195,000 List Price | 3 | 3 | 1,772 | $674 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 2023 new construction is in pristine condition, featuring a modern chef's kitchen with quartz countertops and premium stainless-steel appliances. The property offers high-end contemporary finishes, a retractable glass wall, and a fully updated resort-style backyard, meeting all current quality standards with no deferred maintenance.
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 = 8276, living area = 1536.
- Turnkey Investment Potential
Offered fully furnished on Fee Land in a zone that permits short-term rentals, this 2023-built home is an ideal, move-in-ready opportunity for investors or seasonal residents.
- Modern Indoor-Outdoor Design
The residence features a disappearing retractable glass wall and 180-degree San Jacinto Mountain views, seamlessly connecting the sleek interior to a resort-style backyard with a pool and spa.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 6534.
- Compact Interior Square Footage
With 1,536 square feet of living space, the home may feel small for buyers looking for a more expansive floor plan at the million-dollar-plus price point.
- Average School Ratings
The assigned local schools have modest ratings (4/10), which may be a drawback for families prioritizing top-tier educational districts for a primary residence.
About 760 S Palm Avenue
Experience elevated desert living at 760 S Palm Ave, a fully furnished, turnkey retreat designed for effortless luxury and unforgettable entertaining. Framed by breathtaking 180-degree views of the San Jacinto Mountains, this modern residence blends indoor-outdoor living with the relaxed sophistication for which Palm Springs is known. A disappearing retractable glass wall opens the expansive living space to a private resort-style backyard, where drought-conscious landscaping, lush artificial turf, a life-size chessboard, and a color-changing LED pool and spa create a striking yet low-maintenance oasis. Whether hosting sunset gatherings or enjoying a quiet evening under the desert sky, every detail has been curated for both comfort and style. Inside, the open-concept layout is anchored by a sleek chef's kitchen featuring quartz countertops, premium stainless-steel appliances, and clean contemporary finishes. Offered fully furnished, this home is truly move-in ready, ideal as a personal escape, seasonal residence, or income-producing investment. Perfectly positioned just minutes from downtown Palm Springs, adjacent to the city's largest public park and Tahquitz Creek Golf Resort, the location delivers both convenience and recreation. Situated on Fee Land and in one of the few areas that permit short-term rentals, this property offers exceptional flexibility and long-term value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Agua Caliente Elementary School
Grades K-5 • 1.5 mi
Cahuilla Elementary School
Grades K-5 • 1.6 mi
Raymond Cree Middle School
Grades 6-8 • 2.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,536 | 2,303.5 | 17% |
| Lot Size | 8,276 | 10,236.5 | 39% |
| Price | $1.15M | $1.43M | 34% |
| Price per sq ft | $749 | $608 | 77% |
| Built year | 2023 | 1972 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 163 | 1% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,150,000
Initial Listing
Sold
Jan 6, 2023
$1,200,000
Public Record