821 S Avenida Evelita, Palm Springs, California 92264, Palm Springs, 92264 - 8 bed, 6 bath
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Palm Springs, California 92264
Analysis of 821 S Avenida Evelita, Palm Springs, California 92264 is currently available with a list price of $1,594,900. 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 a comprehensive high-end renovation within the last 5 years. The interior features modern open-concept kitchens with contemporary cabinetry, updated bathrooms, and large-format tile flooring. Significant system upgrades include new roofs and an owned solar system, placing it in mint, turnkey condition.
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 estate features two fully independent, remodeled homes with separate driveways, offering a rare opportunity for multi-generational living or a high-performing rental investment.
Set on a massive 0.38-acre corner lot elevated 12 feet above neighboring homes, the property provides unmatched seclusion and 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.
The property has undergone multiple price reductions since its initial listing, which may indicate initial overpricing or a longer-than-average market absorption period.
Despite extensive remodeling, the original 1946 build date may necessitate ongoing attention to older structural elements common in mid-century properties.
Extraordinary Dual-Residence EstateResort Pool & Panoramic Mountain ViewsA rare find in Palm Springs, this private compound spans a massive .38-acre corner lot and features two fully independent, beautifully remodeled residences. Located moments from Demuth Park and premier golf courses, this property is designed for those seeking a multi-generational legacy home or a high-performing investment.Property HighlightsUnique Privacy: Situated on a 16,600 sq. ft. parcel elevated 12 feet above neighboring homes, offering unmatched 180 mountain views and total seclusion.Dual Independence: Each residence features its own private driveway accessed from separate streets, ensuring seamless privacy for guests or tenants.Spacious Layout: A combined 8 bedrooms and 6 bathrooms across two distinct homes on fee land (you own the land). Modern Infrastructure: Recently upgraded with new roofs, an owned solar system, and solar-powered gates.The Desert LifestyleAt the center of the estate lies an oversized resort-style pool, serving as a private oasis for sophisticated entertaining. The expansive secondary yard offers a blank canvas for additional amenities, such as a private pickleball court, a second pool, or a custom outdoor kitchen.Prime Location & Potential Outdoor Recreation: Walking distance to Demuth Park (pickleball, tennis, and trails), the CV Link, and world-class golf. Proven Revenue: Previously operated as a successful luxury rental generating $10,000+ per month. Turnkey Option: The estate may be offered fully furnished for an effortless transition.Whether you choose to reside in one home while leasing the other or utilize the entire compound as a private desert retreat, this estate represents a versatile and prestigious opportunity.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 | 96% |
| Square foot | 3,753 | 2,330 | 89% |
| Lot Size | 16,553 | 10,019 | 94% |
| Price | $1.59M | $1.44M | 57% |
| Price per sq ft | $425 | $623 | 20% |
| Built year | 1946 | 1976 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 73 | 144 | 7% |
Apr 28, 2026
$1,594,900
$1,649,000
-3% Price Drop
Initial Listing
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