1077 S Riverside Drive, Palm Springs, CA 92264
1077 S Riverside Drive, Palm Springs, CA 92264
Property Description
Massive price reduction on this Original Palm Springs Trousdale ranch-style home designed for true resort-style living. Welcome to a piece of Palm Springs history. Nestled on a spacious quarter-acre lot, this timeless 1949 residence has been cherished by one family since it was built. Offering three bedrooms, two baths, and 1,788 square feet, the home's true magic lies in its breathtaking mountain views and unbeatable location. With the generous size of the lot, there's excellent potential to expand and customize the house to make it your own, making it the perfect canvas for your dream desert retreat. Set against a backdrop of stunning mountain views, the expansive backyard features a sparkling pool creating the perfect setting for year-round indoor-outdoor living, entertaining, and relaxation. This 3-bedroom, 2-bath residence offers seamless flow between interior and exterior spaces, making it ideally suited for hosting guests or operating as a short-term rental. Located in Tahquitz River Estates--currently eligible for a full short-term rental permit--this property presents exceptional Airbnb and VRBO income potential. The front yard is thoughtfully designed with mature hedging and set forward to allow maximum backyard space. Inside, the primary suite serves as a private retreat, complete with an en-suite bathroom, walk-in shower, and closets Two additional guest bedrooms are well-separated, providing comfort and privacy for visitors or extended stays. Ability to make a large extension of the kitchen and living space with the recently added pad makes this property extremely attractive. Whether you're seeking a primary residence, a lock-and-leave second home, or an income-producing investment, this home offers flexibility, lifestyle, and strong rental appeal in one of Palm Springs' most desirable neighborhoods. Ideally located just moments from some of the city's most popular destinations, including Bar Cecil, Del Rey, and Sopa, you'll enjoy the best of Palm Springs right at your doorstep. An exceptional opportunity to update, customize, and add value--perfect for buyers looking to create their own desert retreat or maximize investment potential.
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About Tahquitz River Estates
This property is located in Tahquitz River Estates, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Tahquitz River Estates ListingsComparative Market Analysis
Residential Tier · 5 active · 5 closed
Tahquitz River Estates · Palm Springs · Single Family Residence
Listed 30.4% below the median closed sale of $1,400,000. Price per sqft ($545) is a 23% discount to closed comps ($708). Closed comps sold at 94% of list — buyers have negotiating leverage.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 745 Sunny Dunes Road | Palm Springs | 1951 | 3 | 2 | 1,449 | 10,019 | $662 | $959,000 | 68 | 79 |
| 1653 Sunny Dunes Road | Palm Springs | 1953 | 2 | 2 | 1,518 | 10,890 | $675 | $1.02M | 61 | 77 |
| 1065 Sunny Dunes Road | Palm Springs | 1950 | 4 | 2 | 2,200 | 10,454 | $750 | $1.65M | 30 | 76 |
| 216 Palo Verde Avenue | Palm Springs | 1947 | 3 | 2 | 1,392 | 7,405 | $925 | $1.29M | 100 | 75 |
| 1075 Sunny Dunes Road | Palm Springs | 1952 | 3 | 3 | 2,341 | 10,019 | $662 | $1.55M | 16 | 73 |
| Total: 5 · Average | 3.0 | 2.2 | 1,780 | 9,757.4 | $734.8 | $1.29M | 55 | |||
| Median | 1,518 | $1.29M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1550 Mesquite Avenue | Palm Springs | 1948 | 08/06/2026 | 3 | 3 | 1,996 | 10,890 | $1.52M | $1.51M | $758 | 0.99 | 0 | 78 |
| 971 San Lucas Road | Palm Springs | 1950 | 10/08/2026 | 3 | 3 | 1,410 | 10,890 | $1.01M | $888,000 | $630 | 0.88 | 77 | 78 |
| 1125 Sunny Dunes Road | Palm Springs | 1951 | 07/17/2026 | 4 | 3 | 2,277 | 10,454 | $1.50M | $1.45M | $637 | 0.97 | 219 | 74 |
| 1529 Calle Palo Fierro | Palm Springs | 1949 | 07/20/2026 | 3 | 2 | 1,431 | 6,098 | $1.40M | $1.32M | $926 | 0.95 | 182 | 74 |
| 830 Riverside Drive | Palm Springs | 1950 | 07/15/2026 | 3 | 3 | 2,382 | 10,454 | $1.50M | $1.40M | $588 | 0.93 | 76 | 73 |
| Total: 5 · Average | 3.2 | 2.8 | 1,899.2 | 9,757.2 | $1.32M | $1.32M | $707.8 | — | 110.8 | ||||
| Median | 1,996 | $1.40M | $1.40M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.