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550 Palisades Drive, Palm Springs, CA 92262

$8,150,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,932 Status: Closed

Current Price: $8,150,000 List Date: 1/18/2024 Last Modified: 10/16/2024

Overview

Description

A vision of creativity of a bygone era, the true architectural embodiment of Desert Modern. One of a small collection of properties considered Organic Modern, to grace the captivating landscape of the Coachella Valley, the home and its grounds were designed by foresighted Hugh Kaptur, 1958. Heralded as one of the most prolific architects of his time, Kaptur considered the entire parcel when creating an unmatched environment to enjoy the spectacular setting. Illuminated meandering paths formed from the native mineral terrain& cascading rock waterfalls envelop the home, its myriad terraces& verdant gardens. The distinct facade, surrounding walls of glass& graphic roof-line canopy brilliantly mirror clad, reflecting the everchanging tableau of light, horizon& scenic wonder afforded by the property's ideal elevation& location. Panoramic vistas from nearly every vantage are complemented by delightful details; thoughtfully curated viewing and entertaining areas; a luminous pool; and a graphi ... (Read more)

Listing Details MLS# 219105492

General Property Information

Total Bedrooms: 3
Full Baths: 3
Half Baths: Yes
Approx SqFt: 2932
Total Baths: 4
SqFt Source: Assessor
Fireplace: Yes
Total Fireplaces: Yes
Pool: Yes
Garage: Yes
Garage Description: Detached
Sprinklers: Yes
Building # of Stories: Yes
Lot Size Source: Assessor
Year Built: 1959
Furnished: Unfurnished
Cross Streets: W Tahquitz Canyon

Property Features

Sale Type: Standard Listing Terms: Cash; Cash to New Loan Possession: Close Of Escrow Lot Description: Irregular Lot; Private View Type: Mountain(s); Panoramic; Pool Property Orientation Faces: Leisure Faces South Other Structures: Guest House/Casita Other Structural Features: Barbeque Private; Custom Built; Koi Pond; Misting System; Premium Lot Irrigation: Sprinkler System Disclosures: Property As Is; None Casita Features: Kitchenette Building Style: Mid Century Levels: One Appliances: Dishwasher; Dryer; Refrigerator; Washer Built-In BBQ: Gas Bedroom Features: 2 Primary Bedrooms Doors: Sliding Doors Exterior Construction: Stucco Flooring: Tile Cooling Type: Air Conditioning Pool Location: Private Pool Accessories: Unknown Pool Construction: In Ground Pool Description: Private Heating: Other Fireplace Location: Other Fireplace Features: Gas Rooms: Casita - Guest House; Dining Area; Family Room; Living Room; Wine Cellar Interior Features: Bar Laundry: Laundry Area Security Safety: Automatic Gate; Closed Circuit Camera(s); Security System Owned Window Treatments: Custom Window Covering Roofing: Foam Patio Features: Covered; Misters Sewer: In, Connected and Paid Water: In Street Water Heater Feature: Water Heater Unit Parking: Covered; Driveway; Garage Door Opener Contingent Upon: Inspection Land Lease Type: Fee Simple

Listing Location and Property Info

APN: 513110043
Original List Price: 8750000
Property Sub-Type: Single Family Residence
Street #: 550
Street Name: Palisades
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92262
Area: 332 - Palm Springs Central
Country: US

Listing Info

Exclusions of Sale: Furnishings
Short Term Rentals: Unknown
Will Consider Lease: No

Tax Info

Tax Mello Roos: No

Property Info

Golf Course Within Development: No
Senior Community: No
Gated Community: Yes
PUD Y/N: No
View: Yes
Total Monthly Association Fees: 0

More Information

Status Change Info

Status Change Date: 2024-03-28
Pending Date: 2024-03-08
Closed Date: 2024-03-28
Closed Price: 8150000

Parking SpacesInformation

Total Carport Spaces: 3
Total Garage Spaces: Yes
Total Parking Spaces: 8

HOA Information

HOA: No

DPR

DPR Eligible: No

Listing, Location and Property Info

Entry Date: 2024-01-17
Land Type: Fee

Sale Type

Standard: Yes

Listing Terms

Cash: Yes
Cash to New Loan: Yes

Possession

Close Of Escrow: Yes

Parking Spaces/Information

RV: None
Total Covered Spaces: 4
Total Uncovered/Assigned Spaces: 0

Lot Description

Irregular Lot: Yes
Private: Yes

View Type

City: Yes
Mountain(s): Yes
Panoramic: Yes
Pool: Yes

Property Orientation Faces

Leisure Faces South: Yes

Other Structures

Guest House/Casita: Yes

Other Structural Features

Barbeque Private: Yes
Custom Built: Yes
Koi Pond: Yes
Misting System: Yes
Premium Lot: Yes

Irrigation

Sprinkler System: Yes

Disclosures

Property As Is: Yes
None: Yes

Casita Features

Kitchenette: Yes

Building Style

Mid Century: Yes

Levels

One: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Built-In BBQ

Gas: Yes

Bedroom Features

2 Primary Bedrooms: Yes

Doors

Sliding Doors: Yes

Exterior Construction

Stucco: Yes

Flooring

Tile: Yes

Cooling Type

Air Conditioning: Yes

Pool Location

Private: Yes

Pool Accessories

Unknown: Yes

Pool Construction

In Ground: Yes

Pool Description

Private: Yes

Spa/Hot Tub Construction

In Ground: Yes

Spa/Hot Tub Description

Private: Yes

Heating

Other: Yes

Fireplace Location

Other: Yes

Fireplace Features

Gas: Yes

Rooms

Casita - Guest House: Yes
Dining Area: Yes
Family Room: Yes
Living Room: Yes
Wine Cellar: Yes

Interior Features

Bar: Yes

Laundry

Laundry Area: Yes

Security Safety

Automatic Gate: Yes
Closed Circuit Camera(s): Yes
Security System Owned: Yes

Window Treatments

Custom Window Covering: Yes

Roofing

Foam: Yes

Patio Features

Covered: Yes
Misters: Yes

Sewer

In, Connected and Paid: Yes

Water

In Street: Yes

Water Heater Feature

Water Heater Unit: Yes

Parking

Covered: Yes
Driveway: Yes
Garage Door Opener: Yes

Contingent Upon

Inspection: Yes

Land Lease Type

Fee Simple: Yes

Listing Office: Pacific Sotheby's Int'l Realty

Listing Agent: Sean Stanfield

Last Updated: October - 16 - 2024

Information deemed reliable but not guaranteed.

760.799.7770