1861 S Palm Canyon Drive, Palm Springs, CA 92264
Single-family home · 3 recorded sales since 2013
Sold August 2026
Listing Agent: Roger Gendron (DRE #01968062) · Listing Office: Engel & Volkers Palm Desert · Contact: 760-453-0072 · Bought with: Robert Shanahan · Equity Union · MLS #26658081PS · Source: CRMLS
How this sale compares
1861 S Palm Canyon Drive sold for $1,095,000 in August 2026, 6.0% under its $1,165,000 list price, after 116 days on the market. That works out to $529 per square foot on 2,071 square feet. Across 430 closed sales in 92264 over the last 12 months, the median sold price is $585,000 and the median is $387 per square foot, 27% below this sale's $529.
| Quarter | Closed sales in 92264 | Median sold price |
|---|---|---|
| Q1 2026 | 59 | $575,000 |
| Q2 2026 | 233 | $620,000 |
| Q3 2026 | 126 | $549,975 |
| Q4 2026 | 12 | $332,500 |
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 92264
Description
Great investor opportunity for short-term or conventional rental: This 1946 Spanish Colonial home has been thoughtfully updated to meet the expectations of today's short-term rental market, offering the perfect blend of charm, comfort, and functionality. The light-filled open-concept living, dining, and kitchen area creates an inviting space for groups, ideal for maximizing guest satisfaction and occupancy. Climate control is a standout feature, with a newer central HVAC system plus individual mini-split units in each of the three bedrooms. An increasingly sought-after amenity for guest comfort and energy efficiency. The kitchen is designed with convenience in mind, featuring a spacious walk-in pantry, second refrigerator, and in-unit stacked washer/dryer, perfect for turnover efficiency and longer guest stays. Set on a private, gated 8,276 sq ft lot, the outdoor space is a true revenue driver. Guests will love the sparkling pool, covered lounge area, and gas fire pit, all surrounded by mature landscaping that enhances privacy and creates a true desert resort experience. This property is well-positioned for immediate use as a high-performing vacation rental or hybrid personal retreat. Whether you're expanding your portfolio or entering the Palm Springs short-term rental market, this turnkey opportunity in The Mesa checks all the boxes for strong guest appeal and income potential.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1861 S Palm Canyon Drive
129 Pali Drive: Sold $325,000 · 2 bd · 2 ba · 1,060 sqft · Aug 2026 · 0.2 mi
Bennion Deville Homes | DRE #01711218
Buyer's agent: Tim Welberry, HomeSmart | DRE #0143996626 Sahara Street: Sold $395,000 · 2 bd · 2 ba · 1,162 sqft · Oct 2026 · 0.4 mi
720 E La Verne Way: Sold $695,000 · 2 bd · 2 ba · 1,486 sqft · Aug 2026 · 0.5 mi
Realty Trust | DRE #02037333
Buyer's agent: Frank Bruno, Keller Williams Hollywood Hills | DRE #01168676820 E Palm Canyon Drive 206: Sold $415,000 · 1 bd · 1 ba · 898 sqft · Aug 2026 · 0.5 mi
820 E Palm Canyon: Sold $294,000 · 1 bd · 1 ba · 748 sqft · Sep 2026 · 0.5 mi
Davelly Real Estate & Services | DRE #01145786
Buyer's agent: John Houston, Compass | DRE #00990835760 E La Verne: Sold $900,000 · 2 bd · 2 ba · 1,733 sqft · Sep 2026 · 0.5 mi
Harcourts Prime Properties | DRE #01924005
Buyer's agent: David Goldberg, Coldwell Banker Realty | DRE #02027373946 Oceo Circle S: Sold $808,000 · 2 bd · 3 ba · 2,066 sqft · Aug 2026 · 0.5 mi
Bennion Deville Homes | DRE #01987832
Buyer's agent: Heidi Meaney, Bennion Deville Homes | DRE #009327261552 S Camino Real 333: Sold $205,000 · 1 bd · 1 ba · 684 sqft · Sep 2026 · 0.5 mi
Closed sales reported in 92264, nearest first, last 12 months. All recent sales in Palm Springs →