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Off market
  • $4,999,024

    416 W Hermosa Pl, Palm Springs, CA 92262

    0beds
    0baths
    0.84Acres
    VacantLand
    Built in 2022
    0.84 Acres Lot
    $4,999,024 Zestimate®
    $1,083/sqft
    $1,973 Estimated rent

    Home value

    $4,999,024

    $4.75M - $5.30M

    $1,973/mo

    Zestimate® history
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    $1,973/mo

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    $1,973/mo

    Rent Zestimate®

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    $32,624/mo

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    $32,624/mo

    Est. payment

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    What's special

    Stunning southwestern views

    The ONLY Vacant Land available in the prestigious neighborhood of Old Las Palmas. This Prime Lot is located at the intersection of Hermosa and Mission, which is THE prime location in the neighborhood. Sellers purchased the property and went through the lengthy process with the historic preservation committee to be able to demo the original home and clear the lot to build. Surrounded by significant estates, this .84 acre lot is ready for your Desert Dream Home design. Stunning southwestern views and plenty of room to design and build your custom Desert Retreat, or use the Seller's plans, which are l approval at the City and are available to a qualified buyer. More information available, upon request. Please call the listing office.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • None, Forced air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,616 sqft

    Property

    Parking
    • Total spaces: 13
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco, Brick
    • Fencing: Block
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 0.84 Acres
    • Features: Raw Land, Street Paved, Fenced
    Details
    • Parcel number: 505252013

    Utilities & green energy

    • Sewer: Unknown
    • Utilities for property: In Street, Underground Utilities, Electricity Available, Natural Gas Available

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $475 monthly
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $1,083/sqft
    • Tax assessed value: $3,519,000
    • Annual tax amount: $40,846

    Price history

    DateEventPrice
    7/13/2023Sold$3,450,000-8%$747/sqft
    Source: CDAR/ Desert Area MLS #219096615 Report a problem
    7/3/2023Pending sale$3,750,000$812/sqft
    Source: CDAR/ Desert Area MLS #219096615 Report a problem
    6/22/2023Contingent$3,750,000$812/sqft
    Source: CDAR/ Desert Area MLS #219096615 Report a problem
    4/24/2023Price change$3,750,000-14.6%$812/sqft
    Source: Greater Palm Springs Realtors #219091288 Report a problem
    2/23/2023Listed for sale$4,390,000$951/sqft
    Source: Greater Palm Springs Realtors Report a problem
    2/4/2023Contingent$4,390,000$951/sqft
    Source: Greater Palm Springs Realtors #219075473 Report a problem
    1/9/2023Price change$4,390,000-12.2%$951/sqft
    Source: Greater Palm Springs Realtors #219075473 Report a problem
    6/7/2022Listed for sale$4,999,000-9.1%$1,083/sqft
    Source: Greater Palm Springs Realtors #219075473 Report a problem
    3/16/2022Listing removed--
    Source: Berkshire Hathaway HomeServices CA Properties Report a problem
    3/15/2022Listed for sale$5,499,000+98.2%$1,191/sqft
    Source: Berkshire Hathaway HomeServices CA Properties #219075405PS Report a problem
    10/30/2020Sold$2,775,000-13.3%$601/sqft
    Source: CDAR/ Desert Area MLS #219041413 Report a problem
    9/18/2020Pending sale$3,200,000$693/sqft
    Source: Pacific Sotheby's International Realty #219041413 Report a problem
    9/18/2020Listed for sale$3,200,000$693/sqft
    Source: Pacific Sotheby's International Realty #219041413 Report a problem
    7/1/2020Listing removed$3,200,000$693/sqft
    Source: Pacific Sotheby's International Realty #219041413 Report a problem
    4/1/2020Listed for sale$3,200,000+2.7%$693/sqft
    Source: Pacific Sotheby's International Realty #219041413 Report a problem
    1/3/2020Listing removed$3,115,000$675/sqft
    Source: CRC Realty Services #SB19255746 Report a problem
    11/1/2019Listed for sale$3,115,000$675/sqft
    Source: CRC Realty Services #SB19255746 Report a problem
    7/5/2019Listing removed$3,115,000$675/sqft
    Source: CRC Realty Services #SB18013244 Report a problem
    4/22/2019Price change$3,115,000-4.2%$675/sqft
    Source: CRC Realty Services #SB18013244 Report a problem
    10/15/2018Listed for sale$3,250,000$704/sqft
    Source: CRC Realty Services #SB18013244 Report a problem
    8/6/2018Listing removed$3,250,000$704/sqft
    Source: CRC Realty Services #SB18013244 Report a problem
    3/12/2018Listed for sale$3,250,000$704/sqft
    Source: CRC Realty Services #SB18013244 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$40,846 -2.7%$3,519,000 +2%
    2024$41,980 +14.9%$3,450,000 +19.5%
    2023$36,533 -0.1%$2,887,110 +2%
    2022$36,580 +2.1%$2,830,500 +2%
    2021$35,819 +329.8%$2,775,000 +310.9%
    2020$8,334 +1.8%$675,348 +2%
    2019$8,184 +2%$662,107 +2%
    2018$8,025 +1.6%$649,125 +2%
    2017$7,902 $636,398 +2%
    2016$7,902 +7.2%$623,920 +1.5%
    2015$7,374 +0.8%$614,550 +2%
    2014$7,313 $602,514 +0.5%
    2013-- $599,792 +2%
    2012-- $588,033 +2%
    2011-- $576,504 +0.8%
    2010-- $572,197 -0.2%
    2009-- $573,558 +2%
    2008-- $562,313 +2%
    2007-- $551,288 +8%
    2006-- $510,309 +2%
    2005-- $500,303 +6%
    2002-- $472,066 +2%
    2001$5,252 +2.5%$462,811 +2%
    2000$5,123 $453,738
    Find assessor info on the county website

    Neighborhood: Old Las Palmas

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Palm Springs Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.