DEMO APPROVED! Brace for the rare chance to own a piece of Palm Springs paradise, nestled within the esteemed Movie Colony East neighborhood. This unique opportunity has the seal of approval for demo from the City of Palm Springs, setting the stage for the creation of your dream home as a contemporary retreat, an enduring Mediterranean villa, or an iconic mid-century modern masterpiece. Enjoy the panoramic view of the awe-inspiring backdrop of the San Jacinto Mountains. The location is just moments from the heart of downtown Palm Springs, whe you'll have access to world-class dining, high-end shopping, and much more. For those seeking leisurely outdoor pursuits, Ruth Hardy Park is within easy reach, offering a picturesque backdrop for strolls, picnics, tennis and various outdoor activities. Existing contemporary building plans for a 4800sq/ft dwelling are available, to be finally approved by the City. See photos and documents for additional information on demolition permit and renderings of the contemporary home the seller had planned to build. Seller has constructed new gates securing property and 2 new walls along the South and East side. New ficus has been added along with new irrigation for both ficus and existing 23 mature palms, for maximum privacy. No power lines in view corridor. Construction Power Pole Installed! Easy to show.
Sold for $1,350,000
$1,350,000
855 N Hermosa Dr, Palm Springs, CA 92262
3beds
2,300sqft
Single Family Residence
Built in 1949
-- sqft lot
$1,519,000 Zestimate®
$587/sqft
$3,876 Estimated rent
Home value
$1,519,000
$1.31M - $1.78M
$3,876/mo
Zestimate® history
Owner options
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$3,876/mo
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$3,876/mo
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$8,548/mo
Est. payment
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$8,548/mo
Est. payment
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Zillow last checked:
Source: BHHS broker feed,MLS#: 219100800
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Central Air
Interior area
- Total structure area: 2,300
- Total interior livable area: 2,300 sqft
Property
Details
- Parcel number: 507234011
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Year built: 1949
Community & HOA
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $587/sqft
- Tax assessed value: $1,376,999
- Annual tax amount: $16,244
- Date on market: 11/18/2023
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2024 | Sold | $1,350,000-9.9%$587/sqft |
Source: Public Record Report a problem | ||
| 11/18/2023 | Listed for sale | $1,499,000$652/sqft |
Source: | ||
| 10/23/2023 | Contingent | $1,499,000$652/sqft |
Source: | ||
| 10/4/2023 | Listed for sale | $1,499,000+66.6%$652/sqft |
Source: | ||
| 9/1/2020 | Sold | $900,000+0.1%$391/sqft |
Source: Public Record Report a problem | ||
| 3/3/2018 | Listing removed | $899,000$391/sqft |
Source: HomeSmart Professionals #217027458 Report a problem | ||
| 10/26/2017 | Price change | $899,000-2.8%$391/sqft |
Source: HomeSmart Professionals #217027458 Report a problem | ||
| 10/11/2017 | Listed for sale | $925,000+15.8%$402/sqft |
Source: HomeSmart Professionals #217027458 Report a problem | ||
| 4/18/2016 | Listing removed | $799,000$347/sqft |
Source: HomeSmart Professionals #215031204 Report a problem | ||
| 1/15/2016 | Pending sale | $799,000$347/sqft |
Source: Jeff Litton, Inc. #215031204DA Report a problem | ||
| 10/25/2015 | Listed for sale | $799,000-3.2%$347/sqft |
Source: Jeff Litton, Inc. #215031204 Report a problem | ||
| 4/20/2015 | Listing removed | $825,000$359/sqft |
Source: Jeff Litton Inc. Real Estate Group #21475202 Report a problem | ||
| 4/4/2015 | Pending sale | $825,000$359/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
| 2/7/2015 | Price change | $825,000-3.5%$359/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
| 2/6/2015 | Pending sale | $855,000$372/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
| 5/25/2014 | Price change | $855,000-4.9%$372/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
| 3/14/2014 | Price change | $899,000-2.8%$391/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
| 10/9/2013 | Price change | $925,000-2.1%$402/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
| 9/23/2013 | Price change | $945,000-0.5%$411/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
| 5/17/2013 | Price change | $949,500-4.6%$413/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
| 5/8/2013 | Listed for sale | $995,000$433/sqft |
Source: Jeff Litton, Inc. #21475202 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,244 -2.6% | $1,376,999 +44.2% |
| 2024 | $16,684 +34.8% | $955,084 +2% |
| 2023 | $12,378 +2.1% | $936,358 +2% |
| 2022 | $12,122 +2.1% | $917,999 +2% |
| 2021 | $11,876 +376.2% | $900,000 +383.5% |
| 2020 | $2,494 +1.7% | $186,146 +2% |
| 2019 | $2,452 +1.9% | $182,497 +2% |
| 2018 | $2,407 +1.5% | $178,920 +2% |
| 2017 | $2,371 | $175,412 +2% |
| 2016 | $2,371 +7.7% | $171,974 +1.5% |
| 2015 | $2,201 +1.9% | $169,394 +2% |
| 2014 | $2,160 | $166,077 +0.5% |
| 2013 | -- | $165,328 +2% |
| 2012 | -- | $162,088 +2% |
| 2011 | -- | $158,911 +0.8% |
| 2010 | -- | $157,725 -0.2% |
| 2009 | -- | $158,102 +2% |
| 2008 | -- | $155,003 +2% |
| 2007 | -- | $151,965 +7.9% |
| 2006 | -- | $140,826 +2% |
| 2005 | -- | $138,065 +3.9% |
| 2003 | -- | $132,880 +2% |
| 2002 | -- | $130,275 +2% |
| 2001 | $1,504 +2.4% | $127,722 +2% |
| 2000 | $1,469 | $125,219 |
Find assessor info on the county website
Neighborhood: Movie Colony East
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Nearby schools
GreatSchools rating
- 4/10Katherine Finchy Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,519,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,519,000
- California
- Riverside County
- Palm Springs
- 92262
- Movie Colony East
- 855 N Hermosa Dr