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Sold for $2,675,000
  • Listed by: Compass • Gregg Fletcher • Contact: 760-844-0110
    Bought with: Keller Williams Luxury Homes
    $2,675,000

    427 N Avenida Caballeros, Palm Springs, CA 92262

    4beds
    4,265sqft
    Single Family Residence
    Built in 2018
    0.36 Acres Lot
    $-- Zestimate®
    $627/sqft
    $1,903 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,903/mo

    Zestimate® history
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    What's special

    Elegant bauformat gourmet kitchenSleek modern finishesSpa-like comfortExpansive lotPrivate estateCurated designer finishesInviting lounge areas
    Architectural sophistication meets exceptional value in this one-of-a-kind contemporary residence designed by renowned architect Chris Mills, offering a rare opportunity to own distinctive architecture within Palm Springs' evolving Midtown corridor. This private estate appeals to discerning buyers who appreciate elevated design, upscale living, and long-term potential.Tucked within the secure Palomino complex--yet not part of the association--a serene retreat unfolds behind the gates. Walls of glass flood the interiors with natural light, creating a seamless connection between refined living spaces, outdoor terraces, and dramatic mountain views. Clean lines, soaring ceilings, and curated designer finishes deliver a sense of quiet sophistication throughout.At the heart of the home, an elegant Bauformat gourmet kitchen anchors both daily living and entertaining, featuring top-tier appliances and sleek modern finishes. Three luxurious bedroom suites offer spa-like comfort, complemented by a private guest house with bedroom, bath, and kitchen providing an inviting retreat for visitors.Set on an expansive lot, the outdoor environment has been thoughtfully designed as a private oasis with lush landscaping, inviting lounge areas, an outdoor kitchen, and ample space for swimming, relaxing, and evening gatherings. A solar system enhances efficiency and sustainability.Equally compelling is the property's positioning within one of Palm Springs' most dynamic growth areas. Midtown is undergoing significant revitalization, including the Connector Core linking the Convention Center to downtown and the addition of the highly anticipated Dream Hotel with multiple restaurants and upscale amenities--bringing new energy, convenience, and vibrancy to the neighborhood.With its distinctive architecture, thoughtful design, and forward-looking location, this residence represents a compelling opportunity to enjoy exceptional living today while benefiting from Palm Springs' next chapter.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gregg Fletcher DRE #01070310 760-844-0110,

    Compass

    Bought with:

    Brady Sandahl, DRE #01416687

    Keller Williams Luxury Homes

    Source: CRMLS,MLS#: 219142936DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Entry/Foyer, Guest Quarters, Great Room, Primary Bedroom, Other, Pantry, Retreat, Utility Room, Dining Room
    Primary bedroom
    • Features: Multiple Primary Suites
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Bathtub, Low Flow Plumbing Fixtures, Linen Closet, Separate Shower, Tile Counters, Vanity
    Kitchen
    • Features: Kitchen Island, Stone Counters
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central, Forced Air, Natural Gas, Zoned
    Cooling
    • Central Air, Electric, Zoned
    Appliances
    • Included: Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Freezer, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Water Purifier
    • Laundry: Laundry Room
    Features
    • Breakfast Bar, Built-in Features, Balcony, Separate/Formal Dining Room, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Smart Home, Two Story Ceilings, Bar, Instant Hot Water, Multiple Primary Suites, Primary Suite, Utility Room, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Gas, Great Room, Primary Bedroom, Multi-Sided, Outside, See Through
    Interior area
    • Total interior livable area: 4,265 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Garage, Garage Door Opener, Other, Side By Side
    • Attached garage spaces: 3
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Brick, Covered, Deck, Rooftop, Wrap Around
    • Exterior features: Barbecue
    • Has private pool: Yes
    • Pool features: Electric Heat, In Ground, Pebble, Private, Salt Water, Tile, Waterfall
    • Spa features: Heated, In Ground, Private
    • Fencing: Block,Privacy,See Remarks,Wrought Iron
    • Has view: Yes
    • View description: Mountain(s), Pool
    Lot
    • Size: 0.36 Acres
    • Features: Sprinklers Timer, Sprinkler System
    Details
    • Additional structures: Guest House
    • Parcel number: 508038042
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    Condition
    • New construction: Yes
    • Year built: 2018

    Utilities & green energy

    • Electric: 220 Volts in Garage

    Community & HOA

    Community
    • Features: Gated
    • Security: Closed Circuit Camera(s), Fire Detection System, Fire Sprinkler System, Security Gate, Gated Community, Key Card Entry, Smoke Detector(s)
    • Subdivision: Not Applicable-1
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $627/sqft
    • Tax assessed value: $717,156
    • Annual tax amount: $10,012
    • Date on market: 2/9/2026
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Exclusions: Dining area art piece chandelier and antique chandelier over primary bathroom tub.

    Price history

    DateEventPrice
    4/1/2026Sold$2,675,000-13.7%$627/sqft
    Source: CRMLS #219142936DA Report a problem
    3/18/2026Pending sale$3,100,000$727/sqft
    Source: Greater Palm Springs Realtors #219142936 Report a problem
    3/2/2026Contingent$3,100,000$727/sqft
    Source: Greater Palm Springs Realtors #219142936 Report a problem
    2/9/2026Listed for sale$3,100,000$727/sqft
    Source: Greater Palm Springs Realtors #219142936 Report a problem
    2/4/2026Listing removed$3,100,000$727/sqft
    Source: CDAR/ Desert Area MLS #219125583 Report a problem
    6/10/2025Price change$3,100,000-10.8%$727/sqft
    Source: Greater Palm Springs Realtors #219125583 Report a problem
    4/18/2025Price change$3,475,000-12.6%$815/sqft
    Source: Greater Palm Springs Realtors #219125583 Report a problem
    2/28/2025Listed for sale$3,975,000$932/sqft
    Source: Greater Palm Springs Realtors #219125583 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2022$10,012 +2.9%$717,156 +2%
    2021$9,729 +4.9%$703,095 +1%
    2020$9,275 $695,887 +21.2%
    2019-- $574,400 +2%
    2018$7,017 $563,138
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating