tomo logo

$2,795,000

Beds
5
Baths
3.5
sq ft
2,994

2040 S Chico Dr, Palm Springs, CA 92264

2040 S Chico Dr

Palm Springs, CA 92264

  • 116 days on market
    • Price drop $100,000↓
Discover 2040 S Chico in the exclusive Canyon Palms enclave of South Palm Springs. This Flawless floor-to-ceiling modern remodel on FEE-Simple land offers breathtaking San Jacinto mountain views from the living room and kitchen, with the backyard opening to Santa Rosa mountain vistas. Step inside to soaring 13-foot ceilings, Italian porcelain tile floors, & striking architectural elements such as a cedar-clad entryway with floating steel beams & black metal accents. The sleek stucco exterior & desert landscaping create an elegant first impression. The designer kitchen features quartzite countertops, a stunning backlit wet bar with 5,000 embedded lights, & a stone backsplash that matches seamlessly with the fireplace. Custom walnut cabinetry, white oak ceilings, & precision craftsmanship elevate every space. Spa-inspired bathrooms include backlit marble niches, double rain showers with Grohe fixtures, floating illuminated benches, & a freestanding tub. The primary suite is a serene retreat with a walk-in closet, spa bathroom, & direct pool access. Four of the five bedrooms feature private outdoor access, including one with its own courtyard. The backyard is perfect for entertaining, with a brand-new pool, pergola, & multiple seating areas. Additional highlights include dramatic clerestory windows, oversized skylights, & a two-car garage with a black glass door, EV charger, & laundry station. This home is a true work of art, meticulously designed to exceed expectations.

Details

Property type

Single Family Residence

Est. home value

$1,469,823

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$934

Year built

1977

Price History

03/06/2025
DesertArea

DesertArea #219120947

Price change
$2,795,000
-3.45%
12/05/2024
DesertArea

DesertArea #219120947

Listed
$2,895,000
+122.69%
04/27/2023
CLAW

CLAW #23252801

Sold
$1,300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Bay Equity Llc

Loan start date

March 2023

Original loan amount

$1,105,000

Est. remaining balance

Not provided

Interest rate

7.25%

Loan type

New Conventional, 30 year

Seller

Joanna Gentili and Kristina L Wallender

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?

Status: Active

Tomo last checked: 03/31/2025 at 1:15 PM

Listing updated: 03/09/2025 at 9:01 AM

Listed by: Jonathan J Ader, Redfin Corporation Phone #: (877) 973-3346

MLS: DesertArea #219120947

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