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2922 N Farrell, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath

2922 N Farrell, Palm Springs, California 92262 home-pic-0
ACTIVE$999,000
2922 N Farrell, Palm Springs, California 92262
3Beds
3Baths
2,075Sqft
14,810Lot

Price Vs. Estimate

The estimated value ($1,034,750.635) is $35,750.635 (3%) higher than the list price ($999,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2075.
Top Cons:
Age of Property: Built in 1960, while updated, the property's age may imply potential for older infrastructure components (e.g., plumbing, electrical) not explicitly detailed as fully replaced.

Compared to the nearby listings

Price:$999.0K vs avg $925.0K (+$74,000)58%
Size:2,075 sqft vs avg 2,096 sqft48%
Price/sqft:$481 vs avg $49048%

More Insights

Built in 1960 (65 years old).
Condition: Despite being built in 1960, this property has undergone an extensive and recent renovation, bringing it to modern standards. The kitchen features contemporary white shaker cabinets, granite countertops, stainless steel appliances, and a stylish mosaic backsplash, all appearing virtually new. All three bathrooms are fully updated with modern vanities, fixtures, tiling, and glass-enclosed showers. The flooring throughout the main living areas and bedrooms is consistent, modern wood-look laminate. Light fixtures are contemporary, including recessed lighting and modern ceiling fans. The property is described as 'beautifully updated' with 'modern amenities' and is offered turn-key, indicating a high level of finish and no deferred maintenance. The overall condition, especially the critical kitchen and bathroom areas, reflects a comprehensive renovation within the last 5 years, aligning with 'excellent' criteria.
Year Built
1960
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
SB25255390
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Deck
Pool
Spa
Patio
ViewMountain(s)

About this home

Beautiful Hugh Kaptur–Designed Home with Expansive Mountain Views Welcome to your Palm Springs retreat—an architecturally significant Hugh Kaptur home offering stunning design, modern comfort, and true vacation-style living. This beautifully updated property features 3 large bedrooms, including 2 ensuite suites, 3 full bathrooms, and 2,075 sq ft of bright, inviting living space. Sitting on just under 15,000 sq ft, the backyard is a private resort. Enjoy an enlarged heated pool, dramatic mountain views, a secluded in-ground spa, deck seating, and a built-in barbecue with a dedicated gas line—perfect for entertaining or relaxing in total tranquility. The living room is wrapped in glass, filling the home with natural light and showcasing the surrounding views. The primary suite includes a walk-in closet the size of a small bedroom, adding exceptional comfort and storage. Outside, a circular driveway and an attached 2-car garage provide convenience and curb appeal from the moment you arrive. The home is offered turn-key and fully furnished, making it ideal as a primary residence, vacation home, or exceptional Palm Springs rental opportunity. A rare architectural gem with modern amenities and a true indoor-outdoor lifestyle—this is Palm Springs living at its best.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•1.2mi
7/10
Katherine Finchy Elementary School
Public,•K-5•1.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.3mi
6/10
Palm Springs High School
Public,•9-12•2.6mi
4/10
Desert Learning Academy
Public,•K-12•2.8mi
6/10
Cathedral City High School
Public,•9-12•5.4mi

Price History

Date
Event
Price
09/02/22
Sold
$1,149,000
Condition Rating
Excellent
Despite being built in 1960, this property has undergone an extensive and recent renovation, bringing it to modern standards. The kitchen features contemporary white shaker cabinets, granite countertops, stainless steel appliances, and a stylish mosaic backsplash, all appearing virtually new. All three bathrooms are fully updated with modern vanities, fixtures, tiling, and glass-enclosed showers. The flooring throughout the main living areas and bedrooms is consistent, modern wood-look laminate. Light fixtures are contemporary, including recessed lighting and modern ceiling fans. The property is described as 'beautifully updated' with 'modern amenities' and is offered turn-key, indicating a high level of finish and no deferred maintenance. The overall condition, especially the critical kitchen and bathroom areas, reflects a comprehensive renovation within the last 5 years, aligning with 'excellent' criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2075.
Architectural Significance: A rare Hugh Kaptur-designed home, offering unique architectural appeal and a distinct design aesthetic.
Resort-Style Outdoor Living: Expansive backyard features an enlarged heated pool, secluded in-ground spa, deck seating, and a built-in barbecue, perfect for entertaining and relaxation.
Turn-Key & Furnished: The property is offered fully furnished and turn-key, providing immediate occupancy or rental readiness without additional setup costs.
Expansive Mountain Views & Natural Light: Dramatic mountain views are showcased from multiple areas, including a living room wrapped in glass, maximizing natural light and scenic beauty.
Versatile Use & Investment Potential: Ideal for a primary residence, vacation home, or an exceptional Palm Springs rental opportunity, appealing to a broad range of buyers.

Cons

Age of Property: Built in 1960, while updated, the property's age may imply potential for older infrastructure components (e.g., plumbing, electrical) not explicitly detailed as fully replaced.
Lack of Mention of Cooling System: The description highlights a heated pool but makes no mention of an air conditioning or cooling system, which is a critical feature for comfort in Palm Springs' hot climate.
Price Reduction from Previous Sale: The current list price of $999,000 is lower than its previous sale price of $1,149,000 in 2022, which might raise questions about market value or reasons for the price adjustment.

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