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$1,299,800

Beds
3
Baths
3.0
sq ft
2,071

1861 S Palm Canyon Dr, Palm Springs, CA 92264

1861 S Palm Canyon Dr

Palm Springs, CA 92264

  • 8 days on market
Welcome to The Mesa, a charming residential enclave nestled at the base of the San Jacinto Mountains in South Palm Springs. This historic neighborhood showcases a variety of architectural styles, reflecting the rich evolution of our vibrant city. This property is a stunning example of the Spanish Colonial style popular in the 1940s, thoughtfully updated for modern living. Recent upgrades include a new central AC/HVAC system, along with individual Mini-Split AC/HVAC units in each of the three bedrooms, allowing for personalized climate control throughout the home. The open-concept kitchen, dining, and living area provide a seamless flow for both everyday living and entertaining. Additional enhancements include upgraded electrical, plumbing, and new gas lines. A walk-in pantry off the kitchen adds extra convenience, featuring an additional refrigerator and a stacked washer/dryer. Designed for privacy and tranquility, the home is set on an 8,276-square-foot lot with a gated entry driveway for easy off-street parking. The outdoor space is an oasis, complete with an inviting pool, a covered seating area, and gas firepits in both the front and backyards. Tall greenery along the perimeter enhances the serene and secluded ambiance. Come experience the beauty and charm of this exquisite home whether as your forever residence or a retreat in the California desert.

Details

Property type

Single Family Residence

Est. home value

$1,447,454

Lot size

8,276 sq ft

Price per sq ft

$628

Year built

1946

HOA

No

Price History

02/13/2025
CLAW

CLAW #25498031PS

Listed
$1,299,800
-6.82%
06/06/2024
CLAW

CLAW #23309733

Removed
$1,395,000
04/20/2024
CLAW

CLAW #23309733

Price change
$1,395,000
-2.11%

Schools & Community

Neighborhood: 

The Mesa

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$228,179
Asking price
$1,299,800
Closing costs (~8% of asking)
-$103,984
Est. remaining loan balance
-$967,637
Cash to seller
$228,179

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Firstbank

Loan start date

March 2023

Original loan amount

$990,000

Est. remaining balance

$967,637

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Oliver P Alva

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/21/2025 at 5:20 AM

Listing updated: 02/13/2025 at 8:28 AM

Listed by: Roger Gendron, Engel & Volkers Palm Desert Phone #: (760) 453-0072

MLS: CLAW #25498031PS

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