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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.