2331 S Caliente Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath

2331 S Caliente Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$2,800,000
2331 S Caliente Drive, Palm Springs, California 92264
3Beds
4Baths
3,687Sqft
12,632Lot

Price Vs. Estimate

The estimated value ($2,800,000) is $0 (0%) lower than the list price ($2,800,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Architectural Design: A true architectural custom home designed by Holden & Johnson Architects and built by Stoker Construction, featuring grand proportions, plate glass, and steel reinforcements for expansive, open volumes.
Top Cons:
Land Lease Structure: The property is subject to a land lease running through 2063 with an annual cost of $5,996, which can impact financing options and long-term ownership costs.

Compared to the nearby listings

Price:$2.80M vs avg $1.28M (+$1,518,000)94%
Size:3,687 sqft vs avg 2,178 sqft94%
Price/sqft:$759 vs avg $59779%

More Insights

Built in 1993 (32 years old).
Condition: Built in 1993, this custom architectural home is 31 years old and has been exceptionally well-maintained. While the property is in excellent functional condition with high-quality materials throughout, the kitchen and bathrooms, particularly the extensive use of glass block, specific cabinetry styles, and some lighting fixtures, reflect a distinctly 1990s aesthetic. The property is move-in ready, but its style is outdated, indicating it would benefit from minor updates to meet current design trends, aligning with the 'Fair' category.
Year Built
1993
Close
-
List price
$2.8M
Original List price
$2.8M
Price/Sqft
$759
HOA
-
Days on market
-
Sold On
-
MLS number
219136284PS
Home ConditionFair
Features
Excellent View: Golf Course, Mountain(s), Pool
Pool
Spa
Patio
ViewGolf Course,Mountain(s),Pool

About this home

One of the ONLY true architectural, custom homes in Indian Canyons. A step above the rest. There are grand proportions throughout this 3,687 sq ft 4 bedroom/5 bath home. The view and orientation are perfect. With a fabulous pedigree, designed by Holden & Johnson Architects and built by Stoker Construction in 1993. Plate glass and steel reinforcements were used throughout to create expanses which soar across large open volumes with exceptional, uninterrupted views. Other custom design features include textured wall treatments, tongue and groove ceilings with unique details, monumental solid slab fireplace, and a dramatic wet bar which delivers front row seats to an unobstructed view of Mt. San Jacinto. The layout is ideal. The entertaining areas and the master suite all are on the pool side with sliders and good indoor/outdoor flow. The leisure area features several patio areas, a lagoon style pool surfaced with blue tile, a separate spa, as well as a fire feature area and an outdoor barbecue. The house sits on the 13th fairway of the Indian Canyons north golf course, and yet is entirely private and shielded from view thanks to a hedge of ficus along the perimeter. Solar is owned. 3 car garage is attached. No HOA. Short term rentals are allowed (currently the neighborhood is below the city-regulated quota). Land lease runs through 2063 and is $5,996 per year. Offered furnished with artwork excluded, per seller inventory.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-51.3mi
4/10
Raymond Cree Middle School
Public,6-83.8mi
4/10
Desert Learning Academy
Public,K-121.9mi
6/10
Palm Springs High School
Public,9-122.2mi
Condition Rating
Fair

Built in 1993, this custom architectural home is 31 years old and has been exceptionally well-maintained. While the property is in excellent functional condition with high-quality materials throughout, the kitchen and bathrooms, particularly the extensive use of glass block, specific cabinetry styles, and some lighting fixtures, reflect a distinctly 1990s aesthetic. The property is move-in ready, but its style is outdated, indicating it would benefit from minor updates to meet current design trends, aligning with the 'Fair' category.
Pros & Cons

Pros

Exceptional Architectural Design: A true architectural custom home designed by Holden & Johnson Architects and built by Stoker Construction, featuring grand proportions, plate glass, and steel reinforcements for expansive, open volumes.
Uninterrupted Views & Optimal Orientation: Perfect orientation with exceptional, uninterrupted views of Mt. San Jacinto and the golf course from large open volumes, enhancing the property's aesthetic and value.
Luxurious Outdoor Living & Privacy: Features a lagoon-style pool, separate spa, fire feature, outdoor barbecue, and multiple patio areas, all while maintaining privacy from the golf course via a ficus hedge.
Income Potential & No HOA: Allows short-term rentals (below city quota) and has no HOA, offering significant flexibility and potential for rental income without restrictive community fees.
Energy Efficiency & Practical Amenities: Equipped with owned solar panels for reduced energy costs and includes a spacious 3-car attached garage, adding significant practical value.

Cons

Land Lease Structure: The property is subject to a land lease running through 2063 with an annual cost of $5,996, which can impact financing options and long-term ownership costs.
Specific Interior Aesthetic: Custom design features like textured wall treatments, tongue and groove ceilings, and a monumental solid slab fireplace reflect a 1993 architectural style that may not appeal to all contemporary buyer preferences, potentially requiring updates.
Furnished with Exclusions: Offered furnished (artwork excluded), which may not align with a buyer's personal style, potentially incurring additional costs and effort for removal and refurnishing.

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