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Sold for $1,400,000
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  • Listed by: HomeSmart • David Colin • Contact: 760-702-4908
    Bought with: Compass
    $1,400,000

    1440 Amelia Way, Palm Springs, CA 92262

    5beds
    3,042sqft
    Single Family Residence
    Built in 2004
    10,454 Square Feet Lot
    $1,456,600 Zestimate®
    $460/sqft
    $5,646 Estimated rent

    Home value

    $1,456,600

    $1.34M - $1.60M

    $5,646/mo

    Zestimate® history
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    What's special

    ''The Palm Springs Home'' - Where ART Comes to LIFE! As the door opens to this MAGICAL home, you begin to create memories you will cherish for a LIFETIME! You'll pass by ORIGINAL painted, life-size images of Marilyn Monroe, Frank Sinatra, Elvis, Elizabeth Taylor and a hand-painted Tramway wall as it soars through the mountain sunshine encompassing what Palm Springs is all about. This home was magically put together by the best property managers/interior decorators Palm Springs has to offer. No expense was spared or corner was left untouched as the home was being transformed into being the most spectacular vacation rental in the city. If you're a savvy investor looking for a killer opportunity to buy into the short term rental market in the city; than look no further. This property has the potential to generate over $180,000 in rental income in the first year of business and only build up your income from there year after year. This one of a kind home has custom art throughout the walls and also custom artwork in most rooms. The colors are vibrant and the home feels like you're in an animation with lively characters in each room. This home has five bedrooms, three full baths and a quarter bath. Two of the bedrooms are en-suites and there's also an attached casita which the new owner can occupy as a primary residence so they can book the main residence unlimited times throughout the year. The U shaped home is built around the pool with multiple windows and sliders looking out

    Zillow last checked:

    Listing updated:

    Listed by:

    David Colin DRE #01710306 760-702-4908,

    HomeSmart

    Bought with:

    Chase Hoyt

    Compass

    Source: CRMLS,MLS#: 219104798DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/4 bathrooms: 1
    Rooms
    • Room types: Guest Quarters
    Heating
    • Central, Fireplace(s), Natural Gas
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Gas, Great Room, See Remarks
    Interior area
    • Total interior livable area: 3,042 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Direct Access, Garage
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Electric Heat, In Ground, Salt Water
    • Spa features: In Ground, Private
    • Fencing: Block
    Lot
    • Size: 10,454 Square Feet
    • Features: Sprinkler System
    Details
    • Parcel number: 501540061
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2004

    Community & HOA

    Community
    • Subdivision: Ps Colony
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $460/sqft
    • Tax assessed value: $1,426,980
    • Annual tax amount: $16,823
    • Date on market: 1/4/2024
    • Listing terms: Cash to New Loan
    • Inclusions: All furnishings, electronics and accessories.

    Price history

    DateEventPrice
    1/19/2024Sold$1,400,000$460/sqft
    Source: CRMLS #219104798DA Report a problem
    1/19/2024Pending sale$1,400,000+0.1%$460/sqft
    Source: CDAR/ Desert Area MLS #219104798 Report a problem
    11/29/2023Listing removed$1,399,000$460/sqft
    Source: HomeSmart #219098175 Report a problem
    10/30/2023Listed for sale$1,399,000$460/sqft
    Source: HomeSmart #219098175 Report a problem
    10/3/2023Listing removed$1,399,000$460/sqft
    Source: CDAR/ Desert Area MLS #219098175 Report a problem
    10/3/2023Listed for sale$1,399,000-3.5%$460/sqft
    Source: Greater Palm Springs Realtors #219098175 Report a problem
    9/27/2023Contingent$1,449,000$476/sqft
    Source: Greater Palm Springs Realtors #219098175 Report a problem
    9/21/2023Listed for sale$1,449,000-0.1%$476/sqft
    Source: Greater Palm Springs Realtors #219098175 Report a problem
    9/2/2023Contingent$1,450,000$477/sqft
    Source: Greater Palm Springs Realtors #219098175 Report a problem
    8/29/2023Price change$1,450,000-12.1%$477/sqft
    Source: Greater Palm Springs Realtors #219098175 Report a problem
    8/2/2023Listed for sale$1,649,900$542/sqft
    Source: Greater Palm Springs Realtors #219098175 Report a problem
    8/2/2023Listing removed--
    Source: Greater Palm Springs Realtors #219089986 Report a problem
    8/1/2023Listed for sale$1,649,900$542/sqft
    Source: Greater Palm Springs Realtors #219089986 Report a problem
    6/23/2023Contingent$1,649,900$542/sqft
    Source: Greater Palm Springs Realtors #219089986 Report a problem
    2/5/2023Price change$1,649,900-5.7%$542/sqft
    Source: Greater Palm Springs Realtors #219089986 Report a problem
    1/27/2023Listed for sale$1,749,900-29.3%$575/sqft
    Source: CDAR/ Desert Area MLS #219089986 Report a problem
    4/1/2022Listing removed--
    Source: HomeSmart Report a problem
    3/21/2022Listed for sale$2,475,000-2.9%$814/sqft
    Source: CDAR/ Desert Area MLS #219075793 Report a problem
    2/28/2022Listing removed--
    Source: HomeSmart Report a problem
    2/18/2022Listed for sale$2,549,000+99.9%$838/sqft
    Source: CDAR/ Desert Area MLS #219071377 Report a problem
    8/6/2021Sold$1,275,000+84.1%$419/sqft
    Source: CLAW #21734180 Report a problem
    11/30/2004Sold$692,500$228/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,823 +2.6%$1,426,980 +7.5%
    2024$16,404 -10.7%$1,327,014 +2%
    2023$18,378 +9.8%$1,300,500 +2%
    2022$16,732 +62.8%$1,275,000 +64.3%
    2021$10,279 +15.7%$776,234 +12%
    2020$8,881 +2.7%$693,067 +3%
    2019$8,646 +3.8%$672,880 +4%
    2018$8,326 +0.5%$647,000 +0.9%
    2017$8,287 $641,000 +1.3%
    2016$8,287 +11.4%$633,000 +6.4%
    2015$7,439 +8.6%$595,000 +9.8%
    2014$6,850 $542,000 +15.8%
    2013-- $468,000 +3.5%
    2012-- $452,000 +5.1%
    2011-- $430,000 -21.4%
    2010-- $547,000 -14.7%
    2009-- $641,000 -12.7%
    2008-- $734,354 +2%
    2007-- $719,956 +2%
    2006-- $705,840 +2%
    2005-- $692,000
    Find assessor info on the county website

    Neighborhood: Vista Norte

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,456,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,456,600