3
Bedrooms
Sold for $700,000 · Jan 2025
SOLDListed at $795,000
Palm Springs, CA
MLS# 24469561
Michelle Knutson
Listing Agent
Compass
DRE #: 02103223
Brokerage: Compass
3
Bedrooms
3
Bathrooms
1,627 sqft
Square Feet
1957
Year Built
0.3 acres
Lot Size
$430
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
Single Family Home
Property Type
CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS! Don't miss this incredible chance to acquire a development project with approved plans in one of Palm Springs' most desirable neighborhoods. This property is located on fee land (NO land lease) in prime Movie Colony East. This fully-gated, south-facing 13,000+ SQFT all-flat lot will be delivered with construction-ready plans by Lopez Architects A.I.A.. The existing structure is 1,625 SQFT with plans to expand to 3,242 SQFT plus an additional 200 SQFT garage. The property has been taken to the studs and is construction-ready. The architectural renderings feature 4 separate bedrooms all with ensuite baths, an additional powder bath, open floor plan living area, and a chef's kitchen. All renderings and plans, including a new 35-foot-long pool and 29 SQFT spa, will be transferred to the new owner. Seize this opportunity to develop a stunning estate in one of Palm Springs' most sought-after locations!
Listing description from the January 2025 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
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3 recorded sales
1356 Tamarisk Road sold for $700,000 in January 2025, 12% under its $795,000 list price, after 40 days on the market. That works out to $430 per square foot on 1,627 square feet. Across 445 closed sales in 92262 over the last 12 months, the median sold price is $655,000 and the median is $417 per square foot, 3.0% below this sale's $430.
| Quarter | Closed sales in 92262 | Median sold price |
|---|---|---|
| Q1 2026 | 43 | $725,000 |
| Q2 2026 | 241 | $656,000 |
| Q3 2026 | 135 | $580,000 |
| Q4 2026 | 26 | $653,750 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Palm Springs · Homes for sale in 92262
Closed sales reported in 92262, nearest first, last 12 months. All recent sales in Palm Springs →
1356 Tamarisk Road
Contact Michelle Knutson
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Contact Listing Agent
Compass
DRE #02103223
Contact information is not available for this listing.