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Sold for $5,200,000
  • Listed by: Compass • Kyle Gilligan • 714-504-8928
    Bought with: Compass
    $5,200,000

    698 Las Palmas Estates Dr, Palm Springs, CA 92262

    5beds
    3,743sqft
    Single Family Residence
    Built in 2023
    0.37 Acres Lot
    $4,877,100 Zestimate®
    $1,389/sqft
    $8,367 Estimated rent

    Home value

    $4,877,100

    $4.34M - $5.51M

    $8,367/mo

    Zestimate® history
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    What's special

    The Best of the Best from Design to Location. This brand-new Contemporary Turnkey Furnished --a sanctuary of sophistication nestled in gated ONE Las Palmas, Curvilinear Design, the architecture itself is a work of art--a testament to modern aesthetics. Enormous Great Room with ceilings soaring beyond 13 feet, and entire multi-slide wall creating seamless harmony from indoors and out. Every detail, from the custom furnishings and lighting to the carefully curated art, speaks of refined taste. All this opens to your outdoor oasis with the free-form pool beckoning. Lounge on the tanning shelf, sip a cocktail by the outdoor fireplace, or practice your putting on the green. Complete Indoor-outdoor Entertainment including a 98'' TV over the pool! Gourmet Kitchen set up for intimate enjoyment or big-time entertainment with oversized island adorned with quartz counters. Top-of-the-line Wolf and Subzero appliances and exquisite cabinetry. Spa-Like Primary Suite with view bedroom, lounging bathroom with two-person shower and an artful bathtub. and direct access to private Zen patio with it's two-person outdoor shower, bathtub and fire feature. Each of the 4 other bedrooms is a designer's canvas and your guests will be pampered. Full Net $0 Solar including batteries and even pool heating. Reverse Osmosis whole house system and much more. Available for immediate enjoyment!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle Gilligan DRE #02072117 714-504-8928,

    Compass,

    Scott Lyle DRE #00700215 760-333-8454,

    Compass

    Bought with:

    Kyle Gilligan, DRE #02072117

    Compass

    Source: CRMLS,MLS#: 219123302PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Entry/Foyer, Great Room, Other, Pantry, Retreat, Dining Room
    Bathroom
    • Features: Low Flow Plumbing Fixtures, Linen Closet, Separate Shower, Vanity
    Kitchen
    • Features: Kitchen Island, Quartz Counters
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Forced Air, Heat Pump, Natural Gas, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Convection Oven, Dishwasher, Gas Cooking, Gas Cooktop, Disposal, Gas Range, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator
    • Laundry: Laundry Room
    Features
    • Wet Bar, Breakfast Bar, Built-in Features, Separate/Formal Dining Room, Furnished, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wired for Sound, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Double Pane Windows, Low-Emissivity Windows
    • Has fireplace: Yes
    • Fireplace features: Electric, Gas, Great Room, Heatilator, Outside
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,743 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Direct Access, Driveway, Garage, Garage Door Opener, On Street
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Patio & porch: Concrete
    • Exterior features: Barbecue
    • Has private pool: Yes
    • Pool features: Gunite, Electric Heat, In Ground, Private, Waterfall
    • Spa features: Gunite, In Ground, Private
    • Fencing: Block
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.37 Acres
    • Features: Drip Irrigation/Bubblers, Landscaped, Level
    Details
    • Parcel number: 505370003
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern
    • Property subtype: Single Family Residence
    Materials
    • Stone
    • Foundation: Slab
    • Roof: Flat,Foam
    Condition
    • New construction: Yes
    • Year built: 2023
    Details
    • Builder model: plan 4 modified
    • Builder name: ONE Las Palmas LLC

    Utilities & green energy

    • Electric: 220 Volts in Garage
    • Utilities for property: Cable Available
    Green energy
    • Energy efficient items: Doors, HVAC, Insulation, Roof, Thermostat, Water Heater, Windows

    Community & HOA

    Community
    • Features: Gated
    • Security: Prewired, Fire Detection System, Fire Sprinkler System, Security Gate, Gated Community, Key Card Entry, Smoke Detector(s)
    • Subdivision: Old Las Palmas
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access
    • HOA fee: $197 monthly
    • HOA name: ONE Las Palmas HOA
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $1,389/sqft
    • Tax assessed value: $4,896,000
    • Date on market: 1/21/2025
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: Turnkey Furnished including all indoor and outdoor furnishings. Art, Accessories, Linens and Dishes. Buyer to be provided an inventory list.
    • Exclusions: Gym equipment Personal effectsSee Inventory of included items for final list

    Price history

    DateEventPrice
    4/1/2025Sold$5,200,000-5.4%$1,389/sqft
    Source: CRMLS #219123302PS Report a problem
    1/22/2025Pending sale$5,495,000$1,468/sqft
    Source: Greater Palm Springs Realtors #219123302 Report a problem
    11/29/2024Listing removed$5,495,000$1,468/sqft
    Source: CDAR/ Desert Area MLS #219117534 Report a problem
    10/1/2024Listed for sale$5,495,000$1,468/sqft
    Source: Greater Palm Springs Realtors #219117534 Report a problem
    8/7/2024Listing removed$5,495,000$1,468/sqft
    Source: Greater Palm Springs Realtors #219109468 Report a problem
    4/4/2024Listed for sale$5,495,000+14%$1,468/sqft
    Source: CDAR/ Desert Area MLS #219109468 Report a problem
    12/22/2023Sold$4,819,500+1506.5%$1,288/sqft
    Source: Public Record Report a problem
    8/21/2013Sold$300,000-7.7%$80/sqft
    Source: Public Record Report a problem
    7/16/2010Sold$324,931$87/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $4,896,000 -0.4%
    2025$57,296 -2.3%$4,915,380 +2%
    2024$58,627 +354.5%$4,819,000 +372.5%
    2023$12,899 +188.1%$1,020,000 +194.3%
    2022$4,477 +2.1%$346,543 +2%
    2021$4,384 +4.9%$339,749 +1%
    2020$4,181 +1.8%$336,266 +2%
    2019$4,107 +2%$329,673 +2%
    2018$4,028 +1.5%$323,209 +2%
    2017$3,968 $316,872 +2%
    2016$3,968 +7.1%$310,659 +1.5%
    2015$3,705 +0.8%$305,994 +2%
    2014$3,675 $300,000 +4.9%
    2013-- $286,110 +2%
    2012-- $280,500 +2%
    2011-- $275,000 +99.7%
    2010-- $137,682 -0.2%
    2009-- $138,010 +2%
    2008-- $135,304 +2%
    2007-- $132,651 +2%
    2006-- $130,050 -58.6%
    2005-- $314,160
    Find assessor info on the county website

    Neighborhood: 92262

    Nearby schools

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    Estimated market value
    $4,877,100
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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
    $4,877,100