888 E El Conquistador, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
888 E El Conquistador
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 888 E El Conquistador, Palm Springs, California 92262 reveals a property with a current list price of $1,250,000, which is 6% above the estimated $1,169,249 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 888 E El Conquistador Subject | $1,250,000* List Price | 3 | 2 | 1,462 | $800 | - |
A 2146 N Blando Road Sold | $980,000 | 3 | 3 | 1,520 | $645 | 0.2 mi |
B 2164 N Berne Drive Sold | $1,226,000 | 3 | 2 | 1,477 | $830 | 0.2 mi |
C 402 E Desert Willow Circle Sold | $1,160,000 | 3 | 2 | 1,567 | $740 | 0.5 mi |
D 888 E Janet Circle Sold | $915,000 | 3 | 2 | 1,225 | $747 | 0.5 mi |
E 2311 N Avenida Caballeros Sold | $990,000 | 3 | 3 | 1,585 | $625 | 0.2 mi |
F 454 E Lindsey Drive Sold | $1,275,000 | 3 | 3 | 1,465 | $870 | 0.7 mi |
G 1133 E Via Escuela Active | $1,150,000 List Price | 3 | 2 | 1,452 | $792 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1977, this property has undergone a comprehensive and recent renovation, explicitly stated as 'completely updated' and 'completely remodeled' with 'brand new' major systems including HVAC, roof, pool, spa, and dual-paned windows/doors. The kitchen features stylish waterfall terrazzo countertops, modern white cabinetry, and new stainless steel appliances. Both bathrooms are fully updated with contemporary vanities, fixtures, and walk-in showers. The overall aesthetic is modern and high-quality, with no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 1462.
- Turnkey & Fully Furnished
The property is fully renovated, equipped, and furnished, offering a true turnkey opportunity for immediate personal use or rental without additional setup costs.
- Extensive Recent Renovations
Boasts significant recent upgrades including a brand new pool, spa, HVAC system, roof, reverse osmosis water filtration, dual-paned windows/doors, and a modern interior with a new gas fireplace.
CONSRISKS & DEFICIENCIES
- Original Construction Age
While extensively renovated, the property's original build year of 1977 suggests that some underlying infrastructure not explicitly mentioned as replaced might be older, potentially leading to future maintenance.
- Ongoing Operating Costs
The presence of a pool, spa, and the nature of a short-term rental property imply significant ongoing expenses for maintenance, utilities, cleaning, and property management, despite solar benefits.
- Short-Term Rental Market Volatility
Reliance on short-term rental income means profitability can be subject to fluctuations in tourism demand, economic conditions, and potential changes in local rental regulations.
About 888 E El Conquistador
Fully renovated, turnkey vacation home in prime Palm Springs location! Welcome to 888 E El Conquistador, your fully furnished desert retreat just minutes from the heart of downtown Palm Springs! This stunning 3-bedroom, 2-bath home has been completely updated and is being sold fully equipped. Everything you see stays, making it a true turnkey opportunity for investors or second-home seekers. Already backed by a strong property management team that will help you navigate the rental process for seamless operation, offering a hassle-free investment opportunity. Currently a top-performing short-term vacation rental, this completely remodeled property boasts a brand new pool, spa, fire pit, HVAC system, roof, reverse osmosis water filtration system, and dual-paned windows and doors, offering peace of mind and modern comfort. Inside, the open-concept layout flows effortlessly from a stylish kitchen with waterfall terrazzo countertops, to spacious living areas designed for entertaining or relaxing in style in front of the new, gas fireplace. Step outside to your private backyard paradise featuring a sparkling pool and spa, ample seating around the fire pit or outdoor living room, and breathtaking mountain views, ideal for soaking up the sun or enjoying evenings under the stars. This move-in-ready gem with fully owned solar (including battery storage with two Tesla Power walls, and a Telsa EV charger as well!) checks all the boxes. Ideal for both homeowners and investors. Act quickly to take advantage of peak rental season demand. Don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 0.5 mi
Raymond Cree Middle School
Grades 6-8 • 0.2 mi
Palm Springs High School
Grades 9-12 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,462 | 1,964 | 21% |
| Lot Size | 10,019 | 9,583 | 58% |
| Price | $1.25M | $900.0K | 73% |
| Price per sq ft | $855 | $478 | 92% |
| Built year | 1977 | 1989 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 219 | 179 | 68% |
Pricing History
Listed for Sale
Jul 31, 2025
$1,250,000
Initial Listing