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835 W Rosa Parks Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

835 W Rosa Parks Road, Palm Springs, California 92262 home-pic-0
ACTIVE$875,000$1,248/sqft
Est. Value: $889,678
1%
FairlyEstimate
835 W Rosa Parks Road, Palm Springs, California 92262
3Beds
2Baths
1,248Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($889,678.205) is $14,678.205 (1%) lower than the list price ($875,000). 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 = 10019, living area = 1248.
Top Cons:
Limited Interior Square Footage: At nearly 1,300 square feet for a 3-bedroom, 2-bath home, the interior living space might be considered modest for some buyers, especially given the quarter-acre lot size.

Compared to the nearby listings

Price:$875.0K vs avg $900.0K ($-25,000)47%
Size:1,248 sqft vs avg 2,014 sqft6%
Price/sqft:$701 vs avg $48083%

More Insights

Built in 1960 (66 years old).
Condition: Despite being built in 1960, the property has undergone an extensive and very recent renovation, as evidenced by the modern kitchen with slab-style cabinetry, stainless steel appliances, quartz countertops, and contemporary lighting. Both bathrooms feature new vanities, modern tiling, glass-enclosed showers, and updated fixtures. The entire home boasts polished concrete and modern tile flooring, fresh paint, and updated light fixtures throughout. The addition of owned solar panels and EV charging further indicates recent, high-quality upgrades, making the property virtually new in its current state and meeting current quality standards.
Year Built
1960
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$701
HOA
-
Days on market
-
Sold On
-
MLS number
219140794DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

835 Rosa Parks Drive delivers a modern Palm Springs experience with unobstructed mountain views, clean architectural lines, and a quarter-acre lot designed for indoor-outdoor living. This updated 3-bedroom, 2-bath home offers nearly 1,300 square feet of comfortable, efficient space and stands out as a highly successful short-term rental, producing close to $100,000 in gross revenue over the last 12 months with a CAP rate above 9 percent. Whether for full-time living, a seasonal getaway, or an income-producing investment, the property offers flexibility, style, and strong long-term value.Step inside to an open living area that feels bright and relaxed, centered around a modern kitchen with slab-style cabinetry, stainless appliances, statement lighting, and a large island that anchors the space. Polished concrete floors, neutral finishes, and natural light create a clean backdrop that works with a variety of design styles. The living and dining spaces flow easily for hosting, movie nights, or quiet weekends at home.The bedroom layout is thoughtfully designed, with a serene primary suite that opens directly to the backyard through sliding doors. Views of the San Jacinto mountains and the outdoor living spaces provide a resort-like atmosphere from the moment you wake. Two additional bedrooms offer flexibility for guests, remote work, or creative use.The backyard is the heart of the property. A large pool and spa sit against the backdrop of Palm Springs' iconic mountain range, creating a striking setting day and night. Expansive turf areas offer space for lounging, games, and gatherings, while a shaded pergola is ideal for outdoor dining. A firepit and outdoor shower enhance the experience and make the home functional for year-round desert living. The layout supports both privacy and play, making it equally appealing for personal use or vacation rental guests.Owned solar panels and EV charging add value and efficiency, contributing to low operating costs and sustainable living. The home is set in a quiet residential neighborhood just minutes from downtown Palm Springs, offering quick access to dining, shopping, hiking, golf, and the airport.With modern style, strong income potential, and panoramic mountain views, 835 Rosa Parks Drive delivers an exceptional Palm Springs lifestyle in one of the desert's most sought-after destinations.

D
Dineen Shanstrom Group
Listing Agent

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•2.1mi
4/10
Cahuilla Elementary School
Public,•K-5•3.9mi
4/10
Raymond Cree Middle School
Public,•6-8•1.8mi
6/10
Palm Springs High School
Public,•9-12•3.8mi
4/10
Desert Learning Academy
Public,•K-12•3.9mi

Price History

Date
Event
Price
03/05/97
Sold
$45,000
03/04/97
Sold
$18,500
07/29/22
Sold
$800,000
09/21/21
Sold
$355,000
06/14/18
Sold
$153,000
Condition Rating
Excellent
Despite being built in 1960, the property has undergone an extensive and very recent renovation, as evidenced by the modern kitchen with slab-style cabinetry, stainless steel appliances, quartz countertops, and contemporary lighting. Both bathrooms feature new vanities, modern tiling, glass-enclosed showers, and updated fixtures. The entire home boasts polished concrete and modern tile flooring, fresh paint, and updated light fixtures throughout. The addition of owned solar panels and EV charging further indicates recent, high-quality upgrades, making the property virtually new in its current state and meeting 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 = 10019, living area = 1248.
Strong Income Potential: The property is a highly successful short-term rental, generating close to $100,000 in gross revenue over the last 12 months with a CAP rate above 9 percent, offering excellent investment returns.
Exceptional Outdoor Living & Amenities: Features a quarter-acre lot designed for indoor-outdoor living, including a large pool and spa, expansive turf areas, a shaded pergola, firepit, and outdoor shower, ideal for entertainment and relaxation.
Modern Updates & Aesthetic: The home delivers a modern Palm Springs experience with clean architectural lines, an updated interior, a modern kitchen with high-end finishes, polished concrete floors, and neutral aesthetics.
Panoramic Mountain Views: Offers unobstructed views of the iconic San Jacinto mountains, creating a striking and serene backdrop for both indoor and outdoor living spaces.
Energy Efficiency & Sustainability: Equipped with owned solar panels and EV charging, contributing to lower operating costs and promoting sustainable living.

Cons

Limited Interior Square Footage: At nearly 1,300 square feet for a 3-bedroom, 2-bath home, the interior living space might be considered modest for some buyers, especially given the quarter-acre lot size.
Age of Original Construction: Built in 1960, while updated, the underlying structure and some systems may be older, potentially leading to unforeseen maintenance or repair needs compared to newer constructions.
High Maintenance for Outdoor Features: The extensive outdoor amenities, including a large pool, spa, and expansive turf, will require significant ongoing maintenance, water, and landscaping costs, which could be a considerable expense for owners.
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