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 | $949,000* List Price | 3 | 2 | 1,516 | $659 | - |
A 545 N Chiquita Circle Sold | $1,045,000 | 3 | 2 | 1,541 | $678 | 0.4 mi |
B 544 N Tercero Circle Sold | $1,095,000 | 3 | 2 | 1,541 | $711 | 0.5 mi |
C 407 N Orchid Tree Lane Sold | $1,159,000 | 3 | 2 | 1,848 | $627 | 0.4 mi |
D 2777 E San Juan Road Sold | $799,000 | 3 | 2 | 1,614 | $495 | 0.7 mi |
E 3370 E Avenida Fey Norte Sold | $990,000 | 3 | 2 | 1,518 | $652 | 0.7 mi |
F 562 N Saturmino Drive Sold | $1,025,000 | 4 | 3 | 2,077 | $494 | 0.5 mi |
G 2250 Tamarisk Active | $789,900 List Price | 3 | 2 | 1,516 | $521 | 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.
Prepared to be blown away by this expansive 17,400 sq ft lot with sweeping views including the Palm Springs Tram & Tahquitz Witch, San Jacinto mountain views & more. Not to mention, no power lines behind, and owned solar (owners haven't had a bill since 2023)! This 3BD/2BA Palm Springs home on FEE land (you own the land) offers a rare combination of privacy, and usable outdoor space with all the location convenience that Central Palm Springs offers! Designed for true indoor-outdoor living, the backyard features a large pebble tec saltwater pool and spa, multiple conversation areas, and a unique outdoor entertainment setup with pool table and TV, ideal for relaxing or hosting. Inside, the home offers approximately 1,500+ sq ft with a well-maintained layout, vaulted beamed ceilings, and a comfortable flow between living, dining, and outdoor spaces. The kitchen includes top of the line JennAir appliances (inside and out), granite countertops, BBQ pass through window, updated cabinets, and functional workspace for everyday living or entertaining. The primary suite is thoughtfully positioned for privacy and includes direct access to outdoor areas & primary bath with updated subway tile shower. Main bath has glass block, two vanities plus pool/outdoor access. Upgraded windows contribute to interior comfort/noise reduction. Additional features include: upgraded ductwork/attic insulation, a two-car garage, low-maintenance desert landscaping, citrus trees, and Fee Land (you own the land). Located close to downtown Palm Springs, dining, shopping, and local amenities, offering convenience without sacrificing space or setting. A unique opportunity to own a property where lot size, views, and outdoor lifestyle take center stage. This is one of those properties that you know the minute you walk in it's been well maintained! Properties offering this combination of lot size, views, and outdoor functionality are increasingly difficult to find in this area so don't delay!
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 | 2.0 | 50% |
| Square foot | 1,516 | 1,909.5 | 25% |
| Lot Size | 17,424 | 9,583 | 95% |
| Price | $949.0K | $875.0K | 57% |
| Price per sq ft | $626 | $483 | 72% |
| Built year | 1979 | 1986 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 185 | 1% |
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