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971 E Alexander Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

971 E Alexander Way, Palm Springs, California 92262 home-pic-0
ACTIVE$1,175,000
971 E Alexander Way, Palm Springs, California 92262
3Beds
2Baths
1,225Sqft
10,454Lot
Year Built
1959
Close
-
List price
$1.18M
Original List price
$1.18M
Price/Sqft
$959
HOA
-
Days on market
-
Sold On
-
MLS number
25617137PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.18M(67th), sqft - 1225(5th), beds - 3(50th), baths - 2(41th).

Iconic Palm Springs Butterfly Home in Racquet Club East! Step into the golden age of desert modernism with this stunning 3-bed, 2-bath Mid-Century Modern gem designed by Palmer & Krisel and built by the Alexander Construction Co. Located on a spacious corner lot in Racquet Club East, this quintessential Butterfly-roof home blends classic architecture with thoughtful, modern updates. Inside: Updated kitchen, painted tongue-and-groove ceilings, rejuvenated micro-concrete floors, and new front dual-pane windows and clerestory preserve vintage charm while enhancing comfort. The open floor plan is bathed in natural light, with upgraded can lighting and mirrored closet doors. Bathrooms have been tastefully updated: guest bath fully remodeled; primary bath with new flooring, vanity, and toilet. The home also includes a laundry/storage room off the primary suite. Enjoy spectacular unobstructed mountain views from your private backyard oasis, featuring a reconstructed pebble surface pool and large spa with updated pool equipment, gas fire pit, expansive hardscape, metal tilting louvered pergola and new metal fencing. A 2023 foam roof, new concrete driveway and garage door add to the turnkey appeal. STR-ready with Junior (6) and Home-Share licenses available (City verification required), this is an ideal primary home, vacation retreat, or income-producing property. Furnishings available. Don't miss this rare chance to own a piece of Palm Springs history. Contact me today for your private showing!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.4mi
4/10
Raymond Cree Middle School
Public,•6-8•0.4mi
6/10
Palm Springs High School
Public,•9-12•2.4mi
4/10
Desert Learning Academy
Public,•K-12•2.5mi

Price History

Date
Event
Price
11/10/25
Listing
$1,175,000
01/11/22
Sold
$1,101,000
10/07/02
Sold
$289,000
08/10/01
Sold
$246,000
10/13/00
Sold
$156,000
06/09/00
Sold
$143,500
Condition Rating
Excellent
This 1959 Mid-Century Modern home has undergone extensive and recent renovations, bringing its condition to an excellent standard. The description highlights a '2023 foam roof,' 'updated kitchen,' 'fully remodeled guest bath,' and 'primary bath with new flooring, vanity, and toilet.' The images confirm a modern, high-quality kitchen with flat-panel wood cabinetry, stainless steel appliances, and sleek countertops. The visible bathroom features contemporary fixtures, mosaic tiling, and a glass-enclosed shower. Throughout the home, 'rejuvenated micro-concrete floors,' 'new front dual-pane windows,' and 'upgraded can lighting' further contribute to a virtually new feel. These comprehensive updates, many within the last 5 years, align perfectly with the 'excellent' criteria of being extensively renovated recently with components that are new or virtually new, meeting current quality standards with no deferred maintenance.
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 = 10454, living area = 1225.
Iconic Mid-Century Modern Design: This 'Butterfly Home' is an iconic Palmer & Krisel design built by Alexander Construction Co., offering significant architectural and historical value highly sought after in Palm Springs.
Extensive Modern Updates & Turnkey Condition: The property boasts thoughtful modern updates including an updated kitchen, rejuvenated micro-concrete floors, new dual-pane windows, updated bathrooms, a 2023 foam roof, and new concrete driveway, ensuring a turnkey experience.
Private Backyard Oasis with Mountain Views: Features a spectacular private backyard oasis with unobstructed mountain views, a reconstructed pebble surface pool, large spa, gas fire pit, and expansive hardscape, ideal for desert living.
Income-Producing Potential: The home is STR-ready with Junior (6) and Home-Share licenses available (pending city verification), offering excellent potential as a vacation rental or income-generating property.
Desirable Location & Spacious Lot: Situated on a spacious corner lot in the highly desirable Racquet Club East subdivision, providing enhanced privacy and a prime Palm Springs address.

Cons

Absence of Explicit Cooling System Details: While updates are extensive, the description does not explicitly mention an updated or modern cooling system, which is a critical feature for comfort in the Palm Springs climate.
Age-Related Maintenance Considerations: Despite significant renovations, as a 1959 build, the property may still have underlying original systems (e.g., plumbing, electrical beyond what's mentioned) that could require future maintenance or upgrades.
Modest Interior Square Footage: With 1225 sqft, the interior living space is relatively modest for a 3-bedroom home at this price point, which might not appeal to buyers seeking larger indoor areas.

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