700 N Prescott Drive, Palm Springs, CA 92262

New Listing
$1,795,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 1,695 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $1,795,000 List Date: 12/31/2025 Last Modified: 12/31/2025

Description

Welcome to a rare Old Las Palmas offering—currently the lowest-priced home among surrounding $7M+ estates. Just one block from downtown Palm Springs' renowned restaurants, shops, and entertainment, this historic neighborhood is celebrated for its welcoming community, neighborhood socials, and morning dog/people strolls. Privately gated, the property opens to a serene desert oasis featuring mature landscaping complemented by newer low-maintenance desert additions. This beautifully renovated residence blends old-world charm with modern sophistication and offers exceptional versatility ideal as a short-term rental, pied-à-terre, condo alternative, or legally expandable home. Enter directly into the living room, highlighted by soaring ceilings with exposed wood beams, modern lighting, and a cozy fireplace. The adjacent kitchen and dining area, visible through a classic serving window, overlook the saltwater pool, spa, and outdoor kitchen—creating seamless indoor-outdoor living perfect for entertaining. The home features two-bedroom suites plus a third bedroom currently used as an office. The elevated primary suite occupies the second level, offering breathtaking San Jacinto Mountain views, dramatic beamed ceilings, and private stair access to the backyard and pool. A guest suite is located on the main level, along with the third bedroom/office and powder room. A fourth bath serves the pool area and includes generous storage within a detached structure—offering potential for an ADU with city permits. Originally built in 1946 and extensively remodeled in 1993-1994, additional highlights include LED lighting throughout, custom cabinetry and countertops, wine cooler, newer sprinkler system, and a carport that could be enclosed to create a garage. A rare chance to own a thoughtfully updated desert retreat in one of Palm Springs' most prestigious neighborhoods.

More Information MLS# 219140502

Listing, Location and Property Info

New Construction: No Entry Date: 2025-12-31 Land Type: Fee

General Property Information

Fireplace: Yes Building # of Stories: 2 Total Fireplaces: 1 Pool: Yes Garage: No Sprinklers: Yes Zoning: R-1A Zoning Source: Assessor Furnished: Partially Total Bedrooms: 3 3/4 Baths: 2 Approx SqFt: 1695 Total Baths: 4 SqFt Source: Assessor Lot Acres: 0.23 Lot Size: 10019 Lot Size Source: Assessor Year Built: 1946 Cross Streets: W Merito Pl & Prescott Dr SE

Listing Info

Short Term Rentals: Yes Rental Restrictions: No Will Consider Lease: No Other Schools: Palm Valley Exclusions of Sale: Some accessories that were used for staging. And some art. School District: Palm Springs Unified Elementary School: Katherine Finchy Junior Middle School: Raymond Cree High School: Palm Springs

Tax Info

Tax Mello Roos: No

Property Info

View: Yes Entry Floor Number: 1 Green Features: No Golf Course Within Development: No Additional Parcel: No Senior Community: No Gated Community: No PUD Y/N: No Total Monthly Association Fees: 0

Fencing

Block: 1 Privacy: 1 Wrought Iron: 1

Utilities

Electricity Connected: 1 Natural Gas Connected: 1 Sewer Connected: 1 Water Connected: 1

Sale Type

Standard: 1

Road Surface Type

Asphalt: 1 Paved: 1

Listing Terms

Cash: 1 Cash to New Loan: 1 Conventional: 1

Possession

Close Of Escrow: 1

Parking Spaces/Information

Total Covered Spaces: 2 Total Uncovered/Assigned Spaces: 0

Lot Description

Automatic Gate: 1 Back Yard: 1 Front Yard: 1 Irregular Lot: 1 Landscaped: 1 Level: 1 Private: 1 Single Lot: 1 Street Public: 1 Utilities - Overhead: 1

Lot Location

Corner Lot: 1

View Type

Mountain(s): 1 Pool: 1

Property Orientation Faces

Front Door Faces East: 1 Leisure Faces West: 1

Other Structures

Pool House: 1

Property Condition

Repair Cosmetic: 1 Updated/Remodeled: 1

Irrigation

Drip System: 1 Sprinkler System: 1

Disclosures

None: 1

Building Style

Other: 1

Levels

Two: 1

Entry Location

Ground Level - No Steps: 1 Living Room: 1

Unit Location

Not Applicable: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Cooktop: 1 Gas Oven: 1 Microwave Oven: 1 Refrigerator: 1 Washer: 1 Other: wine cooler

Built-In BBQ

Gas: 1

Range Hood

No: 1

Warmer Oven Drawer

No: 1

Kitchen Features

Stone Counters: 1

Eating Areas

Dining Area: 1

Bedroom Features

Primary Retreat: 1

Bathroom Features

Double Vanity(s): 1 Remodeled: 1 Shower Stall: 1 Tile Shower: 1

Doors

Sliding Doors: 1

Exterior Construction

Stucco: 1

Foundation

Slab: 1

Flooring

Tile: 1

Cooling Type

Air Conditioning: 1 Central Air: 1

Pool Location

Private: 1

Pool Construction

In Ground: 1

Pool Description

In Ground: 1 Private: 1

Spa/Hot Tub Construction

In Ground: 1

Spa/Hot Tub Description

Heated - Gas: 1 Private: 1

Heating

Central: 1 Fireplace(s): 1

Fireplace Location

Living Room: 1

Fireplace Features

Electric: 1

Rooms

Den - Study: 1

Interior Features

Beamed Ceilings: 1

Laundry

In Bathroom: 1 Upper Level: 1

Security Safety

Automatic Gate: 1

Window Treatments

Custom Window Covering: 1 Drapes: 1 Screens: 1

Roofing

Tile: 1

Patio Features

Covered: 1

Sewer

In Street Paid: 1

Water

Water District: 1 Water District Name: Desert Water Agency

Water Heater Feature

Water Heater Unit: 1

Parking

Covered: 1 Driveway: 1 On Street: 1 Side By Side: 1

HOA Information

HOA: No

Land Lease Type

Fee Simple: 1

Listing Location and Property Info

APN: 505284003 Status: Active Listing Date: 2025-12-31 Original List Price: 1795000 List Price: $1,795,000 Current Price: $1,795,000 Property Sub-Type: Single Family Residence Street #: 700 Street Direction: N Street Name: Prescott Street Suffix: Drive County: Riverside State: CA Zip Code: 92262 Area: 332 - Palm Springs Central Subdivision: Old Las Palmas Neighborhood: Old Las Palmas Country: US

Status Change Info

Status Change Date: 2025-12-31

Parking SpacesInformation

Total Parking Spaces: 2

Property Features

Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Conventional Possession: Close Of Escrow Lot Description: Automatic Gate; Back Yard; Front Yard; Irregular Lot; Landscaped; Level; Private; Single Lot; Street Public; Utilities - Overhead Lot Location: Corner Lot View Type: Mountain(s); Pool Property Orientation Faces: Front Door Faces East; Leisure Faces West Other Structures: Pool House Property Condition: Repair Cosmetic; Updated/Remodeled Irrigation: Drip System; Sprinkler System Fencing: Block; Privacy; Wrought Iron Disclosures: None Building Style: Other Levels: Two Entry Location: Ground Level - No Steps; Living Room Unit Location: Not Applicable Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Gas Oven; Microwave Oven; Refrigerator; Washer Built-In BBQ: Gas Range Hood: No Warmer Oven Drawer: No Kitchen Features: Stone Counters Eating Areas: Dining Area Bedroom Features: Primary Retreat Bathroom Features: Double Vanity(s); Remodeled; Shower Stall; Tile Shower Doors: Sliding Doors Exterior Construction: Stucco Foundation: Slab Flooring: Tile Cooling Type: Air Conditioning; Central Air Pool Location: Private Pool Construction: In Ground Pool Description: In Ground; Private Heating: Central; Fireplace(s) Fireplace Location: Living Room Fireplace Features: Electric Rooms: Den - Study Interior Features: Beamed Ceilings Laundry: In Bathroom; Upper Level Security Safety: Automatic Gate Window Treatments: Custom Window Covering; Drapes; Screens Roofing: Tile Patio Features: Covered Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: In Street Paid Water: Water District Water Heater Feature: Water Heater Unit Parking: Covered; Driveway; On Street; Side By Side Road Surface Type: Asphalt; Paved Land Lease Type: Fee Simple
Listing Office: Berkshire Hathaway HomeServices California Properties
Listing Agent: Louise Hampton
Last Updated: December - 31 - 2025
Information deemed reliable but not guaranteed.