417 E Via Altamira, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 3 bath

417 E Via Altamira, Palm Springs, California 92262 home-pic-0
ACTIVE$2,895,000
417 E Via Altamira, Palm Springs, California 92262
4Beds
3Baths
3,244Sqft
12,632Lot

Price Vs. Estimate

The estimated value ($2,895,000) is $0 (0%) lower than the list price ($2,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic & Coveted Location: Situated in the exclusive 'Movie Colony' neighborhood, known for its celebrity history, architectural significance, and walking distance to Palm Springs' vibrant downtown and Design District.
Top Cons:
Unfurnished Status: The property is sold unfurnished, requiring a substantial additional investment for furnishing to meet the expected luxury standard.

Compared to the nearby listings

Price:$2.90M vs avg $925.0K (+$1,970,000)96%
Size:3,244 sqft vs avg 2,100 sqft92%
Price/sqft:$892 vs avg $49192%

More Insights

Built in 1963 (62 years old).
Condition: Despite being built in 1963, this property has undergone an extensive, high-quality renovation, aligning with the 'Excellent' criteria for properties extensively renovated within 5 years. The description highlights a 'show-stopping chef's kitchen' with a French CornuF range and high-end appliances, and a 'luxe Primary Suite' with a 'spa-like bath.' Images confirm modern, top-tier finishes throughout, including tailored cabinetry, pristine stone countertops, contemporary fixtures, and large format tile in both kitchen and bathrooms. All systems, including the roof, have been recently upgraded, indicating no deferred maintenance and components that are virtually new and meet current quality standards.
Year Built
1963
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
$892
HOA
-
Days on market
-
Sold On
-
MLS number
25548429PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool, Trees/Woods
Pool
Spa
Patio
ViewMountain(s), Pool, Trees/Woods

About this home

Once the glamorous escape for legends like Frank Sinatra, Marilyn Monroe, Bob Hope, and Cary Grant, The Movie Colony, known affectionately as TMC, remains one of Palm Springs' most sophisticated, sought-after, and architecturally celebrated neighborhoods. Ideally situated just blocks from both the vibrant Design District and the heart of downtown, this exclusive enclave is prized for its rare combination of pedigree, privacy, and proximity. Lined with palm-shaded streets and iconic estates, TMC places you steps from Palm Springs' finest offerings in art, culture, cuisine, and wellness. Dine alfresco at several Michelin Star restaurants, sip espresso at local cafs overlooking the San Jacinto mountains, or explore the galleries and curated boutiques that define the Uptown aesthetic. Beyond the gates, enjoy access to Ruth Hardy Park, stylish wine bars, the Palm Springs Art Museum, the lively Street Art Fair, and more, all within a short stroll. For those who value heritage, design, and lifestyle, TMC delivers a living experience that is as exclusive as it is inspiring. This exceptional estate was crafted for seamless indoor-outdoor living, starting with a premium south-facing backyard that guarantees winter sunshine and showcases unobstructed Mt. San Jacinto views. The resort-style saline pool, elevated spa, and shaded alfresco dining patio are surrounded by lush landscaping, offering total privacy and tranquility. Inside, the formal living room features a sculptural fireplace and custom built-ins, flowing into a chic dining area and a bespoke wet bar. The show-stopping chef's kitchen centers around a French CornuF range, with high-end appliances, tailored cabinetry, and direct access to the outdoors through multiple sets of French and sliding doors. Four well-separated bedrooms ensure privacy and comfort. The luxe Primary Suite includes a 2nd fireplace, stunning views, spa-like bath, and a custom walk-in closet. The Junior Suite has its own entrance and office/lounge area, while the 3RD bedroom opens to the pool with a bath that also serves as a poolside powder. The 4TH bedroom, currently a media room, adds flexibility for guests or creative use. Additional highlights include an attached two-car garage, inside laundry room, a gated motor court, recently upgraded systems including a new roof. This property is also eligible for both short- and long-term vacation rentals, making it a smart investment in one of Palm Springs' most iconic neighborhoods. With around 170 homes only, TMC offers a discreet and tightly knit community, rich in history and wrapped in elegance. This is a rare opportunity to own a private resort in one of Palm Springs' most illustrious neighborhoods. YOU OWN THE LAND. NO HOA FEES. PROPERTY IS UNFURNISHED.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.4mi
4/10
Raymond Cree Middle School
Public,6-80.9mi
6/10
Palm Springs High School
Public,9-121.7mi
4/10
Desert Learning Academy
Public,K-121.7mi
Condition Rating
Excellent

Despite being built in 1963, this property has undergone an extensive, high-quality renovation, aligning with the 'Excellent' criteria for properties extensively renovated within 5 years. The description highlights a 'show-stopping chef's kitchen' with a French CornuF range and high-end appliances, and a 'luxe Primary Suite' with a 'spa-like bath.' Images confirm modern, top-tier finishes throughout, including tailored cabinetry, pristine stone countertops, contemporary fixtures, and large format tile in both kitchen and bathrooms. All systems, including the roof, have been recently upgraded, indicating no deferred maintenance and components that are virtually new and meet current quality standards.
Pros & Cons

Pros

Historic & Coveted Location: Situated in the exclusive 'Movie Colony' neighborhood, known for its celebrity history, architectural significance, and walking distance to Palm Springs' vibrant downtown and Design District.
Premier Outdoor Living & Mountain Views: Features a south-facing backyard ensuring winter sun, unobstructed Mt. San Jacinto views, a resort-style saline pool, elevated spa, and private alfresco dining areas.
Gourmet Chef's Kitchen: Equipped with a high-end French CornuF range, premium appliances, and custom cabinetry, designed for sophisticated entertaining.
Flexible & Private Bedroom Suites: Offers four well-separated bedrooms, including a luxurious Primary Suite and a Junior Suite with a private entrance, providing comfort and versatility for guests or family.
Strong Investment & Ownership Value: Eligible for both short- and long-term rentals, with full land ownership and no HOA fees, enhancing its appeal as a valuable asset.

Cons

Unfurnished Status: The property is sold unfurnished, requiring a substantial additional investment for furnishing to meet the expected luxury standard.
Potential for Age-Related Maintenance: As a 1963 build, despite recent upgrades, an older property may still incur unforeseen maintenance or modernization costs typical of homes of its era.
High Outdoor Maintenance: The extensive 12,632 sqft lot with lush landscaping and a resort-style pool/spa demands significant ongoing maintenance time and expense.

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