MAJOR PRICE ADJUSTMENT! Experience the epitome of luxury living in this unique and meticulously restored 2-story Spanish Colonial nestled on approximately 1 acre of prime land within the highly sought-after Old Las Palmas neighborhood of Palm Springs. Originally stripped down to its core in 2001, this property has since been thoughtfully expanded by acquiring an adjacent half lot, creating a private family haven that radiates timeless elegance. No expense has been spared in the restoration of this architectural gem, evident from the moment you step inside. Every detail exudes opulence, a testament that must be witnessed firsthand to truly appreciate. With its distinctive Spanish Revival design, this home channels the spirit of a WALLACE NEFF masterpiece. This spacious 5-bedroom, 9-bathroom dwelling offers an expansive 6,577 square feet of living space, featuring not one but two master suites, three guest suites, a dedicated theater room, an inviting upstairs sitting area, and a well-appointed exercise room. Step outside, and you'll be greeted by a pristine saltwater pool, resplendent in ceramic blue tile, complete with a tanning bed and a built-in spa. The meticulously manicured grounds boast breathtaking views and house a delightful fruit orchard alongside a collection of 56 majestic palm trees. For those with a passion for automobiles, this property is a dream come true. It features 3 attached garages, plus a separate 910sf garage w/12-foot ceilings and its own driveway.
Sold for $5,300,000
Listed by: Berkshire Hathaway HomeServices California Properties • Louise Hampton • Contact: 760-320-4586
Bought with: Non Member Office
$5,300,000
735 N Prescott Dr, Palm Springs, CA 92262
5beds
6,577sqft
Single Family Residence
Built in 1936
0.94 Acres Lot
$5,903,900 Zestimate®
$806/sqft
$5,945 Estimated rent
Home value
$5,903,900
$5.14M - $6.91M
$5,945/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Louise Hampton DRE #00802409 760-320-4586,
Berkshire Hathaway HomeServices California Properties
Bought with:
GPS Non Member
Non Member Office
Source: CRMLS,MLS#: 219104830PS
Originating MLS: California Desert AOR & Palm Springs AOR
Originating MLS: California Desert AOR & Palm Springs AORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 9
- 3/4 bathrooms: 7
- 1/2 bathrooms: 1
- 1/4 bathrooms: 1
Rooms
- Room types: Attic, Basement, Entry/Foyer, Exercise Room, Guest Quarters, Living Room, Primary Bedroom, Media Room, Other, Retreat, Utility Room, Dining Room
Primary bedroom
- Features: Multiple Primary Suites
Bathroom
- Features: Linen Closet, Remodeled, Tile Counters, Vanity
Other
- Features: Dressing Area
Kitchen
- Features: Kitchen Island, Stone Counters, Remodeled, Tile Counters, Updated Kitchen
Heating
- Central, Forced Air, Fireplace(s)
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Water Purifier
- Laundry: In Garage, Laundry Room
Features
- Beamed Ceilings, Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Separate/Formal Dining Room, High Ceilings, Phone System, Recessed Lighting, Storage, Smart Home, Bar, Wired for Sound, Attic, Dressing Area, Main Level Primary, Multiple Primary Suites, Primary Suite, Utility Room, Walk-In Closet(s)
- Flooring: Tile, Wood
- Doors: Double Door Entry, French Doors
- Windows: Drapes, Screens
- Has basement: Yes
- Has fireplace: Yes
- Fireplace features: Decorative, Dining Room, Gas, Gas Starter, Living Room, Primary Bedroom, Raised Hearth
Interior area
- Total interior livable area: 6,577 sqft
Property
Parking
- Total spaces: 12
- Parking features: Covered, Driveway, Guest, Oversized
- Garage spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Brick, Covered
- Has private pool: Yes
- Pool features: Electric Heat, In Ground, Private, Salt Water, Tile
- Spa features: Heated, In Ground, Private
- Fencing: Block,Privacy
- Has view: Yes
- View description: Mountain(s), Panoramic, Pool
Lot
- Size: 0.94 Acres
- Features: Back Yard, Corner Lot, Flag Lot, Front Yard, Lawn, Landscaped, Level, Paved, Sprinklers Timer, Sprinkler System, Yard
Details
- Parcel number: 505282011
- Special conditions: Standard
- Other equipment: Intercom
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean,Spanish
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Additions/Alterations,Updated/Remodeled
- New construction: No
- Year built: 1936
Community & HOA
Community
- Security: Security Gate
- Subdivision: Old Las Palmas
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $806/sqft
- Tax assessed value: $5,406,000
- Annual tax amount: $62,989
- Date on market: 1/5/2024
- Listing terms: Cash,Cash to New Loan
- Inclusions: Furnishings and all AV Equipment
- Exclusions: Some artwork (Oil painting over fireplace) and personal items.
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2024 | Sold | $5,300,000-11.5%$806/sqft |
Source:  CRMLS #219104830PS Report a problem | ||
| 6/18/2024 | Pending sale | $5,990,000$911/sqft |
Source:  CDAR/ Desert Area MLS #219104830 Report a problem | ||
| 6/6/2024 | Contingent | $5,990,000$911/sqft |
Source: CDAR/ Desert Area MLS #219104830 Report a problem | ||
| 2/16/2024 | Price change | $5,990,000-9.2%$911/sqft |
Source: CDAR/ Desert Area MLS #219104830 Report a problem | ||
| 1/5/2024 | Listed for sale | $6,599,999$1,003/sqft |
Source: CDAR/ Desert Area MLS #219104830 Report a problem | ||
| 1/4/2024 | Listing removed | $6,599,999$1,003/sqft |
Source: BHHS broker feed #219100728 Report a problem | ||
| 10/3/2023 | Listed for sale | $6,599,999$1,003/sqft |
Source: CDAR/ Desert Area MLS #219100728 Report a problem | ||
| 6/30/2023 | Listing removed | -- |
Source: CDAR/ Desert Area MLS #219085587 Report a problem | ||
| 6/1/2023 | Price change | $6,599,999-9%$1,003/sqft |
Source:  Greater Palm Springs Realtors #219085587 Report a problem | ||
| 4/7/2023 | Listed for sale | $7,249,000+3.6%$1,102/sqft |
Source: Greater Palm Springs Realtors #219085587 Report a problem | ||
| 4/1/2021 | Listing removed | -- |
Source:  Berkshire Hathaway HomeServices CA Properties Report a problem | ||
| 10/15/2020 | Price change | $6,995,000-6.7%$1,064/sqft |
Source: BHHS California Properties #219048069 Report a problem | ||
| 8/20/2020 | Listed for sale | $7,500,000$1,140/sqft |
Source: Berkshire Hathaway HomeServices California Properties #219048069 Report a problem | ||
| 4/6/2020 | Listing removed | $7,500,000$1,140/sqft |
Source: Berkshire Hathaway HomeServices California Properties - Palm Springs Office #219039983 Report a problem | ||
| 3/3/2020 | Listed for sale | $7,500,000+240.9%$1,140/sqft |
Source: Berkshire Hathaway HomeServices California Properties #219039983 Report a problem | ||
| 4/11/2001 | Sold | $2,200,000+252%$334/sqft |
Source: CDAR/ Desert Area MLS #4906970 Report a problem | ||
| 12/17/1997 | Sold | $625,000+1353.5%$95/sqft |
Source: Public Record Report a problem | ||
| 2/28/1997 | Sold | $43,000-93.4%$7/sqft |
Source: Public Record Report a problem | ||
| 5/3/1996 | Sold | $650,000$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $62,989 +51.4% | $5,406,000 +59% |
| 2024 | $41,613 -1.9% | $3,400,135 +2% |
| 2023 | $42,417 -0.1% | $3,333,466 +2% |
| 2022 | $42,471 +2.1% | $3,268,105 +2% |
| 2021 | $41,593 +4.8% | $3,204,026 +3.1% |
| 2020 | $39,679 +1.8% | $3,109,000 +0% |
| 2019 | $38,982 +1.9% | $3,108,995 +2% |
| 2018 | $38,239 +1.5% | $3,048,035 +2% |
| 2017 | $37,670 | $2,988,271 -9.1% |
| 2016 | $37,670 -5.9% | $3,288,000 |
| 2015 | $40,042 -0.6% | $3,288,000 +0.6% |
| 2014 | $40,264 | $3,270,000 +3% |
| 2013 | -- | $3,176,000 -2.2% |
| 2012 | -- | $3,249,094 +2% |
| 2011 | -- | $3,185,387 +0.8% |
| 2010 | -- | $3,161,582 -0.2% |
| 2009 | -- | $3,169,094 +3.8% |
| 2008 | -- | $3,052,054 +2.2% |
| 2007 | -- | $2,987,211 |
Find assessor info on the county website
Neighborhood: Old Las Palmas
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Nearby schools
GreatSchools rating
- 4/10Katherine Finchy Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Katherine Finchy
- Middle: Raymond Cree
- High: Palm Springs
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$5,903,900
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Estimated market value
$5,903,900
- California
- Riverside County
- Palm Springs
- 92262
- Old Las Palmas
- 735 N Prescott Dr
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