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835 Rosa Parks Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

835 Rosa Parks Road, Palm Springs, California 92262 home-pic-0
ACTIVE$899,000
835 Rosa Parks Road, Palm Springs, California 92262
3Beds
2Baths
1,248Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($899,000) is $0 (0%) lower than the list price ($899,000). This property may be overpriced.

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 = 10019, living area = 1248.
Top Cons:
Property Age: Built in 1960, the underlying structure is over 60 years old. While updated, potential buyers may have concerns regarding the condition of original systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as fully replaced or upgraded.

Compared to the nearby listings

Price:$899.0K vs avg $925.0K ($-26,000)48%
Size:1,248 sqft vs avg 2,096 sqft5%
Price/sqft:$720 vs avg $49184%

More Insights

Built in 1960 (65 years old).
Condition: Despite being built in 1960, this property has undergone an extensive and high-quality modern renovation, aligning with the 'Excellent' criteria for properties extensively renovated within 5 years. The kitchen features new slab-style cabinetry, white quartz countertops, a stylish teal subway tile backsplash, and stainless steel appliances, all in pristine condition. The bathrooms are equally impressive with modern floating vanities, contemporary fixtures, glass-enclosed showers, and chic patterned tiling. Polished concrete floors throughout the main living areas and modern light fixtures contribute to a cohesive, contemporary aesthetic. The addition of owned solar panels and EV charging further underscores recent, significant upgrades, indicating a property that is virtually new in its key components and meets current quality standards with no deferred maintenance.
Year Built
1960
Close
-
List price
$899K
Original List price
$950K
Price/Sqft
$720
HOA
-
Days on market
-
Sold On
-
MLS number
219133692DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

835 Rosa Parks Drive delivers a modern Palm Springs experience with unobstructed mountain views, clean architectural lines, and a quarter-acre lot designed for indoor-outdoor living. This updated 3-bedroom, 2-bath home offers nearly 1,300 square feet of comfortable, efficient space and stands out as a highly successful short-term rental, producing close to $100,000 in gross revenue over the last 12 months with a CAP rate above 9 percent. Whether for full-time living, a seasonal getaway, or an income-producing investment, the property offers flexibility, style, and strong long-term value.Step inside to an open living area that feels bright and relaxed, centered around a modern kitchen with slab-style cabinetry, stainless appliances, statement lighting, and a large island that anchors the space. Polished concrete floors, neutral finishes, and natural light create a clean backdrop that works with a variety of design styles. The living and dining spaces flow easily for hosting, movie nights, or quiet weekends at home.The bedroom layout is thoughtfully designed, with a serene primary suite that opens directly to the backyard through sliding doors. Views of the San Jacinto mountains and the outdoor living spaces provide a resort-like atmosphere from the moment you wake. Two additional bedrooms offer flexibility for guests, remote work, or creative use.The backyard is the heart of the property. A large pool and spa sit against the backdrop of Palm Springs' iconic mountain range, creating a striking setting day and night. Expansive turf areas offer space for lounging, games, and gatherings, while a shaded pergola is ideal for outdoor dining. A firepit and outdoor shower enhance the experience and make the home functional for year-round desert living. The layout supports both privacy and play, making it equally appealing for personal use or vacation rental guests.Owned solar panels and EV charging add value and efficiency, contributing to low operating costs and sustainable living. The home is set in a quiet residential neighborhood just minutes from downtown Palm Springs, offering quick access to dining, shopping, hiking, golf, and the airport.With modern style, strong income potential, and panoramic mountain views, 835 Rosa Parks Drive delivers an exceptional Palm Springs lifestyle in one of the desert's most sought-after destinations.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•2.1mi
4/10
Cahuilla Elementary School
Public,•K-5•3.9mi
4/10
Raymond Cree Middle School
Public,•6-8•1.8mi
6/10
Palm Springs High School
Public,•9-12•3.8mi
4/10
Desert Learning Academy
Public,•K-12•3.9mi
Condition Rating
Excellent
Despite being built in 1960, this property has undergone an extensive and high-quality modern renovation, aligning with the 'Excellent' criteria for properties extensively renovated within 5 years. The kitchen features new slab-style cabinetry, white quartz countertops, a stylish teal subway tile backsplash, and stainless steel appliances, all in pristine condition. The bathrooms are equally impressive with modern floating vanities, contemporary fixtures, glass-enclosed showers, and chic patterned tiling. Polished concrete floors throughout the main living areas and modern light fixtures contribute to a cohesive, contemporary aesthetic. The addition of owned solar panels and EV charging further underscores recent, significant upgrades, indicating a property that is virtually new in its key components and meets current quality standards with no deferred maintenance.
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 = 10019, living area = 1248.
Exceptional Income Potential: The property boasts a proven track record as a highly successful short-term rental, generating nearly $100,000 in gross revenue over the last 12 months with a CAP rate above 9%, making it an attractive investment opportunity.
Unobstructed Mountain Views: Offers stunning, unobstructed views of the San Jacinto mountains from various points, providing a picturesque backdrop and enhancing the property's resort-like atmosphere.
Modern & Updated Interior: Features a contemporary design with clean architectural lines, a modern kitchen equipped with slab-style cabinetry and stainless appliances, and polished concrete floors, appealing to current aesthetic preferences.
Premier Outdoor Living Space: Designed for seamless indoor-outdoor living on a quarter-acre lot, including a large pool, spa, expansive turf areas, a shaded pergola, firepit, and outdoor shower, ideal for entertainment and relaxation.
Sustainable & Cost-Efficient Features: Equipped with owned solar panels and EV charging, significantly reducing operating costs and promoting eco-friendly living, adding long-term value.

Cons

Property Age: Built in 1960, the underlying structure is over 60 years old. While updated, potential buyers may have concerns regarding the condition of original systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as fully replaced or upgraded.
Modest Interior Square Footage: With nearly 1,300 square feet for a 3-bedroom home, the interior living space might be considered compact by some buyers, especially in relation to the generous quarter-acre lot size.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price ($950,000 to $899,000), which could suggest initial overpricing or market resistance, potentially affecting buyer perception or negotiation leverage.

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