835 N Farrell Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Palm Springs Desert Retreat is a Strong Value Opportunity, listed at $949,000—positioned well below the $999,729 Fair Market Value by 5%. This valuation gap offers $50,729 in Instant Equity for buyers. Maintaining a Good Condition Rating, the property features owned solar, FEE land, and an expansive 17,424 sq ft lot with panoramic San Jacinto mountain views. The outdoor oasis includes a saltwater pool, spa, and high-end JennAir kitchen. This is an ideal acquisition for Owner-Occupants or Vacation Home Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 835 N Farrell Drive Subject | $899,000* List Price | 3 | 2 | 1,516 | $626 | - |
A 545 N Chiquita Circle Sold | $1,045,000 | 3 | 2 | 1,541 | $678 | 0.4 mi |
B 1387 E Verbena Drive Sold | $1,050,000 | 3 | 3 | 1,742 | $603 | 0.7 mi |
C 407 N Orchid Tree Lane Sold | $1,159,000 | 3 | 2 | 1,848 | $627 | 0.4 mi |
D 544 N Tercero Circle Sold | $1,095,000 | 3 | 2 | 1,541 | $711 | 0.5 mi |
E 3370 E Avenida Fey Norte Sold | $990,000 | 3 | 2 | 1,518 | $652 | 0.7 mi |
F 2250 Tamarisk Pending | $710,000 List Price | 3 | 2 | 1,516 | $468 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been extensively updated. Key features include a modernized kitchen with high-end JennAir appliances and granite countertops, updated bathrooms with subway tiling, and vaulted beamed ceilings. Major systems are well-maintained, featuring owned solar panels, upgraded windows, and improved ductwork/insulation. While the home was built in 1979, the quality of the renovations and the pristine condition of the outdoor entertainment area and pool suggest a high level of upkeep consistent with the 'good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17424, living area = 1516.
The massive 17,400 sq ft lot features a saltwater pool, spa, and a unique outdoor entertainment area with a pool table and JennAir appliances, perfectly capturing the Palm Springs lifestyle.
Ownership of the land (FEE) combined with a fully owned solar system provides significant long-term financial value by eliminating monthly land lease costs and electricity bills.
At approximately 1,516 sq ft, the interior living space may feel compact for buyers seeking a larger footprint or more expansive room scales at this price point.
Situated on N Farrell Drive, a busier secondary thoroughfare, the property may experience more street noise and traffic compared to homes on quieter interior residential streets.
You will thank yourself for coming to visit when you experience the expansive 17,400 sq ft private lot with unobstructed, sweeping views of the Tram, Tahquitz Peak -- home to the legend of the Cahuilla witch -- and the full San Jacinto range -- not a power line in sight.This 3BD/2BA Palm Springs retreat delivers exactly what second-home buyers spend years searching for: owned solar (zero utility bill since 2023), a pebble tec saltwater pool and spa, and a backyard built for living -- morning coffee on teak chaise lounges, sunset dinners at the 8-person teak dining table, late-night games on the refurbished AMF slate billiard table. All of it included.Inside, vaulted beamed ceilings flow across 1,500+ sq ft of well-maintained, fully furnished living space. JennAir appliances. Granite counters. A BBQ pass-through window. A Williams-Sonoma island with bar seating. The primary suite offers privacy, direct outdoor access, and an updated subway tile shower. The main bath has double vanities and pool access.It arrives fully furnished -- Mitchell Gold sofa, Pottery Barn coffee table, CA king primary, wall-mounted TVs, built-in office, Smith & Hawken teak collection, granite fire pit, 65' outdoor TV with integrated sound. Arrive, unpack, enjoy.STR eligible (buyer to verify). No HOA. Fee land. Two-car garage. Upgraded ductwork, new insulation, low-maintenance desert landscaping, and citrus trees. On the market under $1M. Don't drive by -- drive in.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,516 | 1,939 | 27% |
| Lot Size | 17,424 | 9,583 | 94% |
| Price | $899.0K | $875.0K | 50% |
| Price per sq ft | $593 | $488 | 68% |
| Built year | 1979 | 1986 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 180 | 11% |
May 14, 2026
$899,000
$949,000
-5% Price Drop
Initial Listing
Mar 25, 2026
$949,000
Initial Listing
Mar 26, 2004
$370,000
Public Record
Dec 9, 1996
$136,000
Public Record
Jun 15, 1995
$126,000
Public Record