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$1,555,145Estimated home value

Beds
2
Baths
2.0
sq ft
1,532

290 E Simms Rd, Palm Springs, CA 92262

290 E Simms Rd

Palm Springs, CA 92262

  • Sold On 1/24/2022
Introducing Glass and Steel House #1. This Donald Wexler and Ric Harrison designed home was built by the Alexander Construction Company in the early 1960s. Only seven of these incredible homes were built and constructed with materials both factory-fabricated and on-site assembled, specifically selected to withstand the desert elements with ease. Eight-foot stationary glass panels and sliding glass doors are flanked by steel construction, offering both visual interest and remarkable mountain views. This home is one out of only two boasting the signature folded-plate roofline, which gives this property its iconic, sought-after aesthetic. Wexler himself consulted on the tasteful restoration of this property, making it one of his last projects. Enter to a foyer which to the left leads to a formal dining and living area with an outdoor patio, and to the right, leads to the den off the large, private backyard with a boomerang-shaped pool. Both living areas, separated by the open kitchen, showcase the unique interior ceiling and mountain views through the ample glass and triangular clerestory windows. Walk down the hall to discover a bright guest room with mountain views and patio access, a guest bathroom with a laundry area, and the main bedroom which also boasts views, outdoor access, and an en-suite full bath. This stunning home has all the architectural street credit a Mid Century devotee could desire!

Details

Property type

Single Family Residence

Est. home value

$1,555,145

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$1,159

Year built

1962

HOA

No

Price History

03/01/2025
CLAW

CLAW #24445287

Removed
$1,275,000
02/03/2025
CLAW

CLAW #24445287

Price change
$1,275,000
-14.72%
12/05/2024
CLAW

CLAW #24445287

Listed
$1,495,000

Schools & Community

Neighborhood: 

Racquet Club Estates

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

$1,583,614
Asking price
$1,775,000
Closing costs (~8% of asking)
-$142,000
Est. remaining loan balance
-$49,386
Cash to seller
$1,583,614

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

Seller’s Loan History

Lender

Downey S/L

Loan start date

July 2001

Original loan amount

$120,000

Est. remaining balance

$49,386

Interest rate

7.14%

Loan type

Not Provided, 30 year

Seller

Allen M Canarutto

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: Off Market

Tomo last checked: 03/31/2025 at 1:00 PM

Listing updated: 08/23/2024 at 2:19 PM

Listed by: Jeff Blacker, Compass Phone #: (760) 350-9253

MLS: CLAW #21793114

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