Views - Fixer Upper
Address
1635 Palm Tree Drive, Palm Springs, CA
Price
$ 1,549,000
Property Attributes
- MLS#PS25502843
- TypeSingle Family
- CountyRIVERSIDE
- CityPalm Springs
- AreaPalm Springs South End
- NeighborhoodDeepwell
- Zip92264
- StyleMid Century Modern
- Year Built1956
- Price$ 1,549,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3743
- Lot Size0.35 Acres
Data Source:
California Desert Association of REALTORS® (CDAR)
Property Description
MAJOR Price Adjustment! Built in 1956, this 4 bedroom, 4 (ensuite) baths, extra large Mid-Century home is teeming with iconic Mid-Century architectural features, including Post and beam construction clerestory windows, a floating Terrazzo gas fireplace and a sunken bar. This home has an open living room, dining room and a family/TV room area. The kitchen is separate. This beautiful home sits on an oversized lot, one of the largest in Deepwell Estates, lush with sub tropical and drought resistance plants and a nest of over 30 Palm Tree types which thrive in the desert climate. Side yard boasts a citrus orchard with Meyer lemon, lemon, orange and blood orange trees. The attached Casita has a its own entrance and a kitchenette. Great for guests or for rental income. This home needs some renovation, however the roof and pool are newer and some plumbing and electrical have been addressed. This one-of-a-kind property is ready for you to make your own personal oasis in our magical desert. There are stunning panoramic views located in the heart of Deepwell Estates, sunsets and mountains can be viewed from virtually every room, including the Primary shower. Interior features include a large Primary suite with 2 huge walk in closets/dressing rooms (home is believed to have been built by a Radio City Rockette) and direct access to the pool area. There is fantastic separation of the Primary suite from the other bedrooms and the Casita. Great for those seeking privacy in a large home. The galley kitchen has a brick wall with an original built in brick oven, another mid century relic. There are 2 dining areas, including a breakfast nook with corner bench seats. The yard has many rare and exotic palm trees that are easy to maintain and documented by the Sellers. This home has Vacation Rental (STR) income potential as Deepwell Estates has an approximate 12% VR rate (subject to change, the cap rate for PS is 20%, so there is still room to begin the STR process with the City). Palm Tree is quiet, yet close to everything. Deepwell Estates is a long established and very desirable neighborhood with lots of mature trees and history, a historic and star studded neighborhood, many celebrities have called Deepwell Estates home over the years. It is a huge attraction during Modernism Week, featuring major tours. There is a wonderful, vibrant neighborhood organization known as DENO that has events throughout the year. While Palm Springs can be windy no matter where the location, Deepwell Estates is known as one of the least windy areas, surrounded by mountains on 3 sides. The owners have loved living in this home. There are approximately 3 years left on the Solar Lease, fully assumable, which has 39 panels, electricity is sold back to the Homeowner at a much lower rate then SCE. Buyer to verify all information, including but not limited to: square footage (which came from a recent Appraisal), all systems including the solar lease, schools, septic/sewer systems, alarm, vacation rental compliance, etc. Cameras are in use at the property. Please see Homeowner's statement attached.
| Price History | |
|---|---|
| 2/28/2025 | Listed $1,899,000 |
| 3/14/2025 | 8% - $1,750,000 |
| 4/24/2025 | 12% - $1,549,000 |
General Features
| Sewer | Septic Type Unknown,Sewer Paid |
|---|---|
| Heating | Central,Wall Furnace |
| Cooling | Central Air |
| Roof | Tile,Foam |
| Zoning | R1C |
| Patio/Porch Features | Concrete,Patio Open |
| Architectural Style | Mid Century Modern |
| Security Features | Smoke Detector(s),Carbon Monoxide Detector(s) |
| Construction Materials | Stucco |
| 3/4 Baths | 2 |
| Full Baths | 1 |
| Half Baths | 1 |
| Year Built | 1956 |
| View | Panoramic,Mountain(s),See Remarks |
| Levels | One |
| Property Subtype | Single Family Residence |
| County | Riverside |
| New Construction | No |
| Property Type | A |
| Association Amenities | Gas,Pool |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Deepwell |
| Other Structures | Guest House |
| Status | Active |
| City | Palm Springs |
| Senior Community Y/N | No |
| MLS Area | 334 - Palm Springs South End |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 15246.0 |
| Spa Features | In Ground |
| Land Lease Y/N | No |
| Property Condition | Fixer |
| Standard Status | Active |
Interior Features
| Kitchen Appliances | Disposal,Range,Dishwasher,Convection Oven,Range Hood |
|---|---|
| Fireplace Features | Living Room |
| Total Stories | 1 |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bathrooms | 4.0 |
| Laundry Features | Individual Room |
| LivingAreaSource | Appraiser |
| Total Baths | 4 |
| Total Bedrooms | 4 |
Exterior Features
| Fencing | Block |
|---|---|
| Parking Features | Circular Driveway,Driveway |
| Lot Size Area | 15246.0 |
| Spa | Yes |
| Pool Y/N? | Yes |
| Building Area Total | 3743.0 |
| Lot Size Acres | 0.35 |
| Land Lease Type | Fee |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 92264
Price
Visits
Year Built
Based on information from California Desert Association of Realtors as of June 19, 2025 8:41 PM UTC The information being provided by California Desert Association of Realtors, SoCalMLS, CRISNet MLS, and CARETS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange
