1323 S Driftwood Drive, Palm Springs, California 92264, Palm Springs, 92264 - 5 bed, 6 bath
ACTIVE$10,995,000
1323 S Driftwood Drive, Palm Springs, California 92264
5Beds
6Baths
4,449Sqft
42,689Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Historical & Celebrity Provenance: The property boasts a rich history as the 'William Holden Estate,' having housed numerous Hollywood legends, significantly enhancing its prestige and cultural value.
Top Cons:
Niche Market Appeal: Positioned as a 'trophy home' for 'the most discerning buyer,' its unique historical and architectural significance, coupled with a high price point, targets a very specific and limited buyer demographic.
Compared to the nearby listings
Price:$10.99M vs avg $1.28M (+$9,713,000)99%
Size:4,449 sqft vs avg 2,178 sqft97%
Price/sqft:$2.5K vs avg $59799%
More Insights
Built in 1956 (69 years old).
Condition: Despite being built in 1956, the listing explicitly states the property was 'brilliantly modernized in recent years,' which is strongly supported by the images. The kitchen features high-end, integrated stainless steel appliances, sleek flat-panel cabinetry, and modern fixtures, all appearing virtually new. Bathrooms showcase contemporary floating vanities, luxurious stone finishes, glass-enclosed showers, and modern fixtures. Throughout the home, there is pristine large-format tile flooring, modern light fixtures, and fresh, minimalist aesthetics. All visible components meet current quality standards with no signs of wear or deferred maintenance, indicating a comprehensive and recent high-quality renovation.
Year Built
1956
Close
-
List price
$10.99M
Original List price
$10.99M
Price/Sqft
$2,471
HOA
-
Days on market
-
Sold On
-
MLS number
25604411
Home ConditionExcellent
Features
Good View: Mountain(s), Panoramic, Pool
Pool
Spa
Patio
ViewMountain(s), Panoramic, Pool
About this home
Fondly known as the William Holden Estate this is a Rare opportunity to own one of the very best Mid-Century modern homes in all of Palm Springs and the surrounding desert. With a rich Provenance the home was constructed by master builder Joe Pawling in 1955 and brilliantly modernized in recent years while staying true to the era. Hollywood alure abounds with such notables as Holden, Powers, Hepburn, and Hedren all calling this home through the years. The photos tell the story and there is a detail sheet attached to this listing. A must see during Modernism Week, tours sell out in advance. Events with upwards of 800 people have supported national and local politicians and charities. This trophy home is only for the most discerning buyer, no disappointments. Now listed as a historical property, taxes are a fraction of the norm.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•0.3mi
4/10
Raymond Cree Middle School
Public,•6-8•2.7mi
4/10
Desert Learning Academy
Public,•K-12•1.0mi
6/10
Palm Springs High School
Public,•9-12•1.3mi
Condition Rating
Excellent
Despite being built in 1956, the listing explicitly states the property was 'brilliantly modernized in recent years,' which is strongly supported by the images. The kitchen features high-end, integrated stainless steel appliances, sleek flat-panel cabinetry, and modern fixtures, all appearing virtually new. Bathrooms showcase contemporary floating vanities, luxurious stone finishes, glass-enclosed showers, and modern fixtures. Throughout the home, there is pristine large-format tile flooring, modern light fixtures, and fresh, minimalist aesthetics. All visible components meet current quality standards with no signs of wear or deferred maintenance, indicating a comprehensive and recent high-quality renovation.
Pros & Cons
Pros
Historical & Celebrity Provenance: The property boasts a rich history as the 'William Holden Estate,' having housed numerous Hollywood legends, significantly enhancing its prestige and cultural value.
Architectural Masterpiece: A prime example of Mid-Century Modern design, built by master builder Joe Pawling and meticulously modernized to retain its authentic era aesthetic, making it a highly sought-after architectural gem.
Substantial Property Tax Savings: Its designation as a historical property provides significant property tax reductions, offering a tangible financial benefit to the discerning buyer.
Exceptional Entertainment Capacity: With a proven track record of hosting large-scale events for up to 800 guests, the estate is perfectly suited for grand entertaining and high-profile social gatherings.
Prestigious Location & Scenic Views: Located in the exclusive Deepwell subdivision, the property offers desirable panoramic mountain and pool views, contributing to its luxury status and serene environment.
Cons
Niche Market Appeal: Positioned as a 'trophy home' for 'the most discerning buyer,' its unique historical and architectural significance, coupled with a high price point, targets a very specific and limited buyer demographic.
Potential for High Operational Costs: As a large, historic estate (built 1956), even with modernizations, it likely entails significant ongoing operational expenses including utilities, specialized maintenance, and potential staffing for its scale.
Preservation Restrictions: As a listed historical property, future renovations or modifications may be subject to strict preservation guidelines and approvals, potentially limiting an owner's ability to alter the property freely.