863 N Avenida Palos Verdes, Palm Springs, CA 92262
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863 N Avenida Palos Verdes Palm Springs, CA 92262

$6,750,000
  • 4 Beds
  • 1.5 Baths
  • 4,230 Sq.Ft.
For Sale
$6,750,000 Get Pre-Qualified

Map preview of 863 N Avenida Palos Verdes, Palm Springs, CA 92262

Property Overview: 863 N Avenida Palos Verdes Palm Springs, CA has 4 bedrooms, 1.5 bathrooms, 4,230 living square feet and 14,375 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located just a couple of blocks from Palm Springs' downtown shops and Uptown Design District in the highly sought after Movie Colony, this furnished stunning contemporary showplace has been eagerly awaited by discerning buyers and is expected to sell quickly. Crafted in 2020, the gated estate coyly blends modern and Mid-Century Modern architectural styles into a one-of-a-kind masterpiece that extends approx. 4,202 s.f. on one level. Stylish double doors open to an impressive foyer that boasts an atrium with in-ground fountain and illuminating skylight. MCM-inspired interior screens add intrigue to the living room, where a floating fireplace, 14' ceiling and clerestory windows are showcased. Numerous sets of slideaway glass pocket doors and windows eraseborders in the home, which hosts 4 ensuite bedrooms and 4.5 baths, including a casita with separate entrance. A formal dining room provides atrium views and the ideal setting for entertaining, while the custom kitchen opens to an indoor/outdoor bar and displays a dual-waterfall island, leathered-marble countertops, a large walk-in pantry and more. Grounds reveal mountain views, large patios for entertaining, custom lighting, a built-in BBQ, an open-air fireplace with built-in seating, and a limestone-finished pool with spa and tanning shelf.

Listed by Nelson - Moe Group | BRE # | Compass
Last checked: 7 minutes ago | Last updated: January 13th, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
14,375
HOA Dues
$0/mo
Year built
2020
Garage
3 Car
Property Type:
Single Family Home
Status
Active
MLS#
219105221PS
City
Palm Springs
County
Riverside
Time on Site
76 days

Open Houses for 863 N Avenida Palos Verdes

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Property Details for 863 N Avenida Palos Verdes

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air, Fireplace(s)
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Gas Starter, Living Room
Room Information
  • Atrium, Walk-In Pantry, See Remarks, Living Room, Entry, Den
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 3
Interior Features
  • Built-in Features, Wet Bar, Wired for Sound, High Ceilings, Bar
  • Levels: One
  • Security Features: Automatic Gate
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Stucco Wall
  • No Spa
  • Spa Features: Heated, Private, Gunite, In Ground
  • Has Sprinklers
Exterior Features
  • Has Pool
  • Pool Features: Gunite, In Ground, Electric Heat, Salt Water
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Street, Driveway, Garage Door Opener, Direct Garage Access, Guest
  • Has Attached Garage
Lot Information
  • Lot Features: Sprinklers Timer
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s), Peek-A-Boo
  • Parcel Number: 507162002
  • Year Built Source: Assessor
  • Architectural Style: Contemporary, Modern
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Movie Colony
  • Directions: From Downtown Palm Springs head north on Indian Canyon Dr., turn right (East) on Tamarisk Rd., left on Avenida Palos Verdes, 2nd house on the left hand side. Cross Street: Tamarisk Rd.
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Sale History for 863 N Avenida Palos Verdes

Last sold for $4,495,000 on November 30th, 2020
  • January, 2024

  • Jan 12, 2024

    Date

    Active

    CRMLS: 219105221PS

    $6,750,000

    Price

  • January, 2024

  • Jan 11, 2024

    Date

    Canceled

    CRMLS: 219101959PS

    $6,750,000

    Price

  • Oct 26, 2023

    Date

    Active

    CRMLS: 219101959PS

    $6,750,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2020

  • Dec 1, 2020

    Date

    Sold

    CRMLS: 20662208

    $4,495,000

    Price

  • Nov 23, 2020

    Date

    Pending

    CRMLS: 20662208

    $4,622,200

    Price

  • Nov 20, 2020

    Date

    Active

    CRMLS: 20662208

    $4,622,200

    Price

  • Listing provided courtesy of CRMLS

    This brand new contemporary master piece imagineered by Redu Home, LLC delivers the iconic Palm Springs lifestyle while infusing mid-century character. Situated in the most prestigious Movie Colony. The dramatic living room with 14 high ceilings, clerestory windows and 3-sided fireplace is anchored by expansive receding glass walls that open to sweeping south and west-facing mountain views. The chefs kitchen is the center of the living experience featuring premier Decor appliances, leather-finished marble countertops, indoor and outdoor dining areas, and a large bar with dual wine refrigerators, ice maker and custom floating shelves. Envisioned for entertaining, the resort-style backyard features a limestone-finished pool and spa, fire feature and BBQ kitchen. All 4 bedrooms are ensuite, including the primary suite. Features include 24x48 limestone floors from Spain, a casita with separate entrance, 3-car garage equipped for catering and solar with integrated Tesla Powerwalls.

  • November, 2020

  • Nov 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $4,495,000

    Price

  • February, 2019

  • Feb 27, 2019

    Date

    Sold

    CRMLS: 19419164PS

    $1,000,000

    Price

  • Feb 10, 2019

    Date

    Pending

    CRMLS: 19419164PS

    $999,000

    Price

  • Feb 3, 2019

    Date

    Active Under Contract

    CRMLS: 19419164PS

    $999,000

    Price

  • Jan 31, 2019

    Date

    Active

    CRMLS: 19419164PS

    $999,000

    Price

  • Jan 20, 2019

    Date

    Active Under Contract

    CRMLS: 19419164PS

    $999,000

    Price

  • Jan 17, 2019

    Date

    Active

    CRMLS: 19419164PS

    $999,000

    Price

  • Jan 8, 2019

    Date

    Active Under Contract

    CRMLS: 19419164PS

    $999,000

    Price

  • Jan 4, 2019

    Date

    Active

    CRMLS: 19419164PS

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    WELCOME HOME to one of the most sought-after private gated estate built in 1940 located in the heart of historic Movie Colony. The property features a large southwest facing lot with beautiful landscape & manicured lawns, pebble tech pool, spa and SPECTACULAR mountain views. The main house features 2 bedrooms and 2 baths with kitchen, breakfast area, formal entry and living room, dining room and office/den with retractable sliding glass wall that opens onto beautiful bricked patios. There is also a detached casita with one bedroom & bath and living room with refrigerator. The home features a leased SUNPOWER solar system - lease payment $215/month - lease expiration 3/3/2036. Total annual electric bill for 2018 was approx. $750. Permitted maser bedroom addition completed in 2005.

  • February, 2019

  • Feb 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

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Tax History for 863 N Avenida Palos Verdes

Assessed Value (2020): $1,020,000
Year Land Value Improved Value Assessed Value
2020 $232,050 $787,950 $1,020,000

Home Value Compared to the Market

This property vs the competition

863 N Avenida Palos Verdes is listed 754.43% higher than the median list price for the city of Palm Springs which has a median list price of $789,999. The median price per/sqft for Palm Springs is $478 and this home is listed at $1595.74 per/sqft which puts the price per square foot 233.84% higher than the median price per square foot for the city of Palm Springs.

About 863 N Avenida Palos Verdes

Detailed summary of property

863 N Avenida Palos Verdes is a single family home located in Palm Springs, CA 92262 and is currently for sale. This house offers 4 bedrooms, 1.5 bathrooms, roughly 4,230 living square feet, and sits on an approximately 14,375 square foot lot. 863 N Avenida Palos Verdes was first listed on ArdentRealEstateGroup.com on January 12, 2024. The homeowner is currently asking $6,750,000. The median priced home in Palm Springs is $789,999 with a median price per square foot of $478. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is listed 754.43% higher than the median priced home. Local competing homes currently for sale include 2142 Liane Ln, 11821 Highview Dr and 11091 Meads Circle. While the average home in Palm Springs, CA is selling in 107 days, 863 N Avenida Palos Verdes has a days on market of 66 days. There are currently 885 homes for sale in the Palm Springs real estate market and 444 of them are single family homes while 425 of them are condos and 16 are townhomes. For more information on this home for sale at 863 N Avenida Palos Verdes Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 863 N Avenida Palos Verdes

Public county record property details
Beds
2
Baths
2
Year built
1940
Sq. Ft.
2,310
Lot Size
15,681
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
3
APN
507-162-002

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$839,000
Median List Price/Sq.Ft.
$497
Median Sold Price
$985,000
Median Sold Price/Sq.Ft.
$533
Total Inventory
485
Median Sale to List Price %
93.9%
Avg Days on Market
59
Loan Type
Conventional (16.18%), FHA (0%), VA (0%), Cash (39.71%), Other (13.24%)

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Related Resources to 863 N Avenida Palos Verdes

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.