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811 E Grace Circle, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath

811 E Grace Circle, Palm Springs, California 92262 home-pic-0
ACTIVE$1,649,000
811 E Grace Circle, Palm Springs, California 92262
4Beds
2Baths
1,449Sqft
9,583Lot

Price Vs. Estimate

The estimated value ($1,434,545.185) is $214,454.815 (13%) lower than the list price ($1,649,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 9583, living area = 1449.
Top Cons:
Significant Overpricing Relative to Market Estimation: The current list price is approximately 13% higher than the property's estimated value, suggesting a potential disconnect with automated market valuations and possibly requiring a longer market time or further price adjustments.

Compared to the nearby listings

Price:$1.65M vs avg $925.0K (+$724,000)84%
Size:1,449 sqft vs avg 2,096 sqft20%
Price/sqft:$1.1K vs avg $49197%

More Insights

Built in 1960 (65 years old).
Condition: Despite being built in 1960, this property has undergone an extensive, high-quality renovation. The listing explicitly states, 'All key systems have been recently updated.' The kitchen is a standout, featuring high-end appliances like a Wolf range and stylish, marble-topped Pierre Cardin cabinetry, all appearing virtually new. The bathroom shown is modern, clean, and features contemporary fixtures. Throughout the home, the flooring is pristine, and light fixtures are updated, contributing to a sleek, minimalist aesthetic. There are no visible signs of wear, tear, or deferred maintenance, indicating that all components are new or virtually new and meet current quality standards.
Year Built
1960
Close
-
List price
$1.65M
Original List price
$1.8M
Price/Sqft
$1,138
HOA
-
Days on market
-
Sold On
-
MLS number
219132073PS
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Steve McQueen's Original Palm Springs Home! Tucked away on a private cul-de-sac in Racquet Club Estates, this iconic midcentury home was designed by architects Dan Palmer and William Krisel and built by the Alexander Construction Company. Hand-selected by Steve McQueen as his personal desert retreat, the property sits on one of the neighborhood's premier lots, offering dramatic San Jacinto views and exceptional privacy.This is the very home where Life magazine photographed McQueen in 1963, lounging poolside and slow dancing in the living room. A rare chance to own a true piece of Palm Springs history -- boldly stylish and effortlessly timeless. All key systems have been recently updated.McQueen's custom-designed, south-facing pool is ideal for swimming laps or diving from the board. Two conversation areas are integrated into the expansive wrap-around yard, surrounded by mature trees and a citrus grove planted by McQueen himself, perfect for entertaining or quiet relaxation.The white stone facade opens into a sleek, all-white interior where European minimalism meets classic post-and-beam design. Original features include perforated ceiling tiles, a floating inset fireplace, and walls of glass that connect indoor spaces to the outdoors. The open kitchen is outfitted with marble-topped Pierre Cardin cabinetry with matching bar and a Wolf range.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.2mi
4/10
Raymond Cree Middle School
Public,•6-8•0.6mi
6/10
Palm Springs High School
Public,•9-12•2.6mi
4/10
Desert Learning Academy
Public,•K-12•2.8mi
Condition Rating
Excellent
Despite being built in 1960, this property has undergone an extensive, high-quality renovation. The listing explicitly states, 'All key systems have been recently updated.' The kitchen is a standout, featuring high-end appliances like a Wolf range and stylish, marble-topped Pierre Cardin cabinetry, all appearing virtually new. The bathroom shown is modern, clean, and features contemporary fixtures. Throughout the home, the flooring is pristine, and light fixtures are updated, contributing to a sleek, minimalist aesthetic. There are no visible signs of wear, tear, or deferred maintenance, indicating that all components are new or virtually new and meet current quality standards.
Pros & Cons

Pros

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 = 9583, living area = 1449.
Historical Significance & Celebrity Pedigree: As Steve McQueen's original Palm Springs home, designed by renowned architects Dan Palmer and William Krisel, this property offers unparalleled historical and celebrity appeal, making it a unique and iconic asset.
Architectural Integrity & Mid-Century Modern Design: A true Alexander Construction Company mid-century modern gem, retaining original features like perforated ceiling tiles, a floating inset fireplace, and walls of glass, blending European minimalism with classic post-and-beam aesthetics.
Prime Location & Privacy: Tucked away on a private cul-de-sac in the desirable Racquet Club Estates, the property offers exceptional privacy and dramatic San Jacinto mountain views from one of the neighborhood's premier lots.
Exceptional Outdoor Living & Amenities: Features a custom-designed, south-facing lap pool, multiple conversation areas, mature trees, and a citrus grove planted by McQueen, creating an ideal setting for entertaining and relaxation.
Updated Systems & Modern Kitchen: All key systems have been recently updated, and the open kitchen boasts high-end finishes including marble-topped Pierre Cardin cabinetry and a Wolf range, combining vintage charm with modern functionality.

Cons

Significant Overpricing Relative to Market Estimation: The current list price is approximately 13% higher than the property's estimated value, suggesting a potential disconnect with automated market valuations and possibly requiring a longer market time or further price adjustments.
Multiple Price Reductions: The property has undergone several price reductions since its original listing, which could indicate market resistance or an initial overestimation of value, potentially raising buyer concerns about its true market worth.
Compact Interior Footprint for Price Point: With 1449 sqft for 4 beds/2 baths, the interior living space might be considered modest for a property at this price point and historical significance, potentially limiting appeal for buyers seeking larger living areas.

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