783 E Mesquite Avenue, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
783 E Mesquite Avenue
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 783 E Mesquite Avenue, Palm Springs, California 92264 reveals a property with a current list price of $1,499,000, which is 4% above the estimated $1,430,242 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 783 E Mesquite Avenue Subject | $1,499,000* List Price | 3 | 2 | 1,916 | $746 | - |
A 1554 E San Lucas Road Sold | $1,510,000 | 3 | 3 | 2,022 | $747 | 0.6 mi |
B 823 E San Lucas Road Sold | $1,435,000 | 3 | 3 | 1,711 | $839 | 0.2 mi |
C 801 S Sunrise Way Sold | $1,050,000 | 3 | 2 | 1,864 | $563 | 0.6 mi |
D 250 E Sonora Road Sold | $1,130,000 | 3 | 2 | 1,580 | $715 | 0.4 mi |
E 1151 S Calle Rolph Sold | $1,699,000 | 3 | 3 | 1,744 | $974 | 0.5 mi |
F 215 W Camino Alturas Sold | $1,279,000 | 3 | 3 | 2,148 | $595 | 0.9 mi |
G 745 E Sunny Dunes Road Active | $1,175,000 List Price | 3 | 2 | 1,449 | $811 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1957, this property has undergone extensive and high-quality modern renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern flat-panel cabinetry, white quartz countertops, stainless steel appliances, and contemporary tile flooring. The bathrooms boast floating vanities, modern fixtures, and glass-enclosed showers with stylish tiling. The description also notes a new HVAC system, indicating significant system upgrades. While not a newly built home, the comprehensive updates and excellent condition of key areas make it move-in ready and align well with the 'Good' category's criteria for properties extensively renovated within the last 5-15 years.
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 = 1916.
- Exceptional Outdoor Resort-Style Living
The property boasts a private backyard retreat with a saltwater pool and spa, mountain views, firepit, bocce ball court, and a covered patio, designed for true Palm Springs resort-style living and year-round enjoyment.
- Strong Income Potential & Flexibility
Highly attractive for Airbnb and VRBO use, this home is an active and successful vacation rental, eligible for a full short-term rental permit, offering significant income potential and flexibility as a primary residence or second home.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10019, other record lot size in square feet = 9583.
- Age of Property & Potential for Dated Systems
Built in 1957, while the HVAC is new, other major systems such as plumbing and electrical may be original or require significant updates, potentially leading to unforeseen costs for a buyer.
- High Ongoing Maintenance Costs
The extensive outdoor amenities, including a saltwater pool, spa, firepit, bocce ball court, and mature landscaping, will incur substantial ongoing maintenance expenses and require a significant time commitment.
About 783 E Mesquite Avenue
Step into a private backyard retreat designed for true Palm Springs resort-style living. The outdoor space features a saltwater pool and spa with mountain views, firepit with seating area, bocce ball court, and a covered patio ideal for year-round enjoyment. With seamless indoor-outdoor flow, this 3 bedroom 2 bath home home is perfectly suited for entertaining, relaxing, or hosting short-term guests, making it highly attractive for Airbnb and VRBO use. The front yard is fully enclosed by a privacy wall and mature hedge, creating a tranquil, resort-like entry experience. The primary suite offers a spacious en-suite bathroom with dual vanities, walk-in shower, and oversized closets creating a private, hotel-style experience. Two additional guest bedrooms are thoughtfully separated for privacy and comfort, a layout well-suited for vacation rentals and extended stays. All bedrooms feature sliding glass doors with direct access to outdoor areas, enhancing the indoor-outdoor lifestyle and providing guests and owners alike with private outdoor enjoyment. Additional highlights include a two-car garage, providing convenience for full-time residents, second-home owners, and guests and new HVAC. Located in Tahquitz River Estates, which is currently eligible for a full short-term rental permit, this home is an active and successful vacation rental. Ideal as a primary residence, lock-and-leave second home, or short-term rental investment, this property offers lifestyle, flexibility, and income potential in one of Palm Springs' most desirable neighborhoods. This home is walkable to some of Palm Springs' most popular restaurants and destinations, including Bar Cecil, the Del Rey and Sopa.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 10,019 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
Cahuilla Elementary School
Grades K-5 • 0.1 mi
Raymond Cree Middle School
Grades 6-8 • 2.5 mi
Desert Learning Academy
Grades K-12 • 1.2 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 | 1,916 | 2,303.5 | 32% |
| Lot Size | 10,019 | 10,236.5 | 50% |
| Price | $1.50M | $1.44M | 54% |
| Price per sq ft | $782 | $608 | 81% |
| Built year | 1957 | 1972 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 163 | 4% |
Pricing History
Listed for Sale
Jan 21, 2026
$1,499,000
Initial Listing
Sold
Dec 20, 2013
$385,000
Public Record