
Palm Springs, California 92264
Analysis of 821 S Avenida Evelita, Palm Springs, California 92264 is currently available with a list price of $1,649,000. 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.
Property is new construction or fully renovated.
While originally built in 1946, the property has undergone extensive recent renovations that align with 'excellent' criteria. The interiors feature modern large-format tile flooring, updated recessed lighting, and a contemporary kitchen with flat-panel cabinetry and stainless steel appliances. Significant capital improvements include new roofs, a fully owned solar system, and a pristine resort-style pool area, leaving no evidence of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16553, living area = 3753.
The property features two fully separate, remodeled stand-alone homes on a single lot, providing rare flexibility for multi-generational living or a high-yield 'live-in-one, rent-the-other' investment strategy.
Situated on an oversized 0.38-acre elevated lot, this property offers rare 'Fee Simple' ownership with no land lease and unobstructed 180-degree panoramic mountain views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3753, other record living area = 1694. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
Originally constructed in 1946, the property may possess legacy architectural or utility limitations common to older homes, despite extensive modern remodeling.
Located in the Demuth Park area, the premium listing price may face appraisal challenges as it significantly exceeds the typical valuation and density of the surrounding residential lots.
Extraordinary Palm Springs Dual-Residence Estate with Resort Pool & Panoramic Mountain ViewsA rare offering in Palm Springs--this private, resort-caliber estate spans a .38-acre corner lot and features two fully independent, beautifully remodeled residences, just moments from Demuth Park and premier golf.Set on an expansive 16,600 sq ft end-of-block parcel, the property offers 8 bedrooms and 6 bathrooms, thoughtfully designed for a luxurious private compound, multi-generational living, or high-performing investment. Each residence enjoys its own private driveway from separate streets, delivering exceptional privacy and seamless independence.Elevated approximately 12 feet above neighboring homes, the estate captures sweeping 180 mountain views and an unmatched sense of openness. Situated on fee land (no lease), ownership is as effortless as it is prestigious.At the heart of the property, a striking oversized resort-style pool creates a true desert oasis--ideal for sophisticated entertaining or serene relaxation under the Palm Springs sun.Refined upgrades include new roofs, an owned solar system, and solar-powered gates. The expansive guest residence yard offers endless potential for curated outdoor amenities such as a private pickleball court, second pool, or bespoke entertainment space.Ideally located near Demuth Park--home to premier recreational amenities including pickleball, tennis, and scenic open space--as well as the CV Link trail and multiple golf courses.Previously operated as a successful luxury vacation rental generating over $10,000 per month, the property may be offered furnished for a seamless, turnkey experience.An exceptional opportunity to reside in one home while hosting or leasing the other--or to curate your own private desert retreat.**Private showings available by appointment.**
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 99% |
| Baths | 6.0 | 3.0 | 97% |
| Square foot | 3,753 | 2,268 | 91% |
| Lot Size | 16,553 | 10,019 | 92% |
| Price | $1.65M | $1.35M | 65% |
| Price per sq ft | $439 | $608 | 20% |
| Built year | 1946 | 1976 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 158 | 1% |
Apr 14, 2026
$1,649,000
$1,695,000
-3% Price Drop
Initial Listing
Mar 26, 2026
$1,695,000
Initial Listing
Apr 14, 2015
$492,000
Public Record
Oct 20, 2014
$334,000
Public Record
May 28, 2010
$143,000
Public Record