Listing Agent: Leonardo Montenegro      Broker/Office: Keller Williams Luxury Homes
1163 Calle Marcus N Palm Springs CA 92262
$ 524,000
  2   |    2   |    1573 Sq Feet

Listing ID

#26986027PS

Status

Active

Property Type

Single Family Residence

Property Style

Ranch

County

Riverside

Neighborhood

Movie Colony East

Year Built

1947

Days on website

2

Description
YOU OWN THE LAND! Investor, builder, and developer opportunity in the premier Movie Colony East neighborhood of Central Palm Springs, where recent average sales exceed $1M. Situated on an oversized 9,583-square-foot lot that significantly exceeds the neighborhood's average and median lot sizes, this property presents an exceptional value-add footprint for a high-end fix-and-flip, full custom rebuild, or dual-structure compound. Located minutes from downtown Palm Springs, the Uptown Design District, dining, and shopping, the existing 1,573-square-foot structure (2 bedrooms, 2 bathrooms) is a complete teardown or major renovation project being sold strictly as-is. Beyond the primary residence shell, the expansive lot features an empty in-ground pool and spa shell ready for restoration, along with substantial excess yard space offering massive potential for a detached Accessory Dwelling Unit (ADU). Capitalize on superior lot size, prime location, and high ARV potential in one of the desert's most sought-after markets by building a modern luxury retreat. Celebrated for its rich Old Hollywood legacy and immediate proximity to Ruth Hardy Park, the Wellness Park, and local dog parks, Movie Colony East remains one of central Palm Springs' most iconic and high-demand enclaves, known for tranquil tree-lined streets, striking San Jacinto mountain backdrops, and effortless walkability to world-class dining, arts, and shopping.
Location
Financial Information
List Price:  $ 524000
Property Features
Appliances:  Range
Construction Materials:  Stucco
Direction Faces:  East
Foundation Details:  Slab
Furnished:  Unfurnished
Heating:  Central
High School District:  Palm Springs Unified
Laundry Features:  Outside
Levels:  One
Parking Features:  Covered, Guest, Uncovered
Pool Features:  Private
Property Condition:  Fixer
Senior Community YN:  false
Spa Features:  Private
High School District:  Palm Springs Unified
Senior Community YN:  false
MLS Area Major:  332 - Central Palm Springs
City:  Palm Springs
Listed By:   Leonardo Montenegro   Keller Williams Luxury Homes 
CA Lic#