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1635 Palm Tree Drive, Palm Springs, CA 92264

$2.00M4bd · 4ba · 3,357 sqft
Lot 15,246 sqft•Single Family Residence•
Active
•141d on market•MLS# 219148321

Property Description

Welcome to Deepwell Estates -- one of the most iconic and historically celebrated neighborhoods in Palm Springs, renowned for its celebrity roots, architectural significance, and participation in Modernism Week. Situated on an exclusive street with only six homes, 1635 Palm Tree Drive offers a rare opportunity to own a beautifully updated and fully furnished Mid-Century residence on one of the largest lots in Deepwell Estates. This spacious 4-bedroom, 4-bathroom home spans approximately 3,743 square feet and perfectly blends preserved Mid-Century character with thoughtful modern upgrades. Original post-and-beam architecture and timeless design details remain intact, while recent improvements include new flooring, fresh interior paint throughout, and new dual-pane windows and sliding doors with sleek aluminum frames that enhance both energy efficiency and style. Designed for comfortable desert living and effortless entertaining, the expansive floor plan features a classic galley kitchen equipped with NEW Cabinetry, built-in gas appliances, including a range/oven, microwave, dishwasher, and refrigerator. The home is move-in ready and ideal as a primary residence, seasonal getaway, or luxury vacation rental investment. Walls of glass invite natural light inside while framing breathtaking views of the San Jacinto Mountains. Set on an impressive 0.35-acre lot, the property offers exceptional outdoor potential with ample room for entertaining, relaxation, or future enhancements. The home is also connected to the city sewer system for added convenience. A standout feature is the installed solar energy system, reportedly powerful enough that the previous owner sold excess energy back to Edison, with a current monthly payment of approximately $183.46. Deepwell Estates remains one of Palm Springs' most desirable neighborhoods, known for its glamorous history, architectural pedigree, and strong vacation rental appeal. The neighboring property reportedly generates over $100,000 annually as a vacation rental, highlighting the area's exceptional investment potential. Whether you're seeking a full-time residence, luxurious desert retreat, or income-producing opportunity, 1635 Palm Tree Drive captures the essence of classic Palm Springs living with modern comfort, stunning mountain views, and an unbeatable location in historic Deepwell Estates.

Features & Amenities

DeepwellFeeBuilt 1956

Property Details

Subdivision
Deepwell
Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
2
Heating
Central, Natural Gas
Cooling
Central Air
View
Mountain(s)
Flooring
Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byKeller Williams Luxury Homes, Christina E Arthur·760-668-7338

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,087.81
Principal & Interest
Loan Amount
$1,596,000
Total Interest
$2,035,610
Total Payment Over 30 Years
$3,631,610
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Deepwell

This property is located in Deepwell, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Deepwell Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1635 Palm Tree Drive, Palm Springs, CA 92264

Deepwell · Palm Springs · Single Family Residence

$2.00M
Luxury Tier
Beds
4
Baths
4
Sqft
3,357
Lot
15,246 sqft
Year
1956
$/Sqft
$594
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 4.7% above the median closed sale of $1,905,000. Price per sqft ($594) is a 12% discount to closed comps ($672). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $2.00M· $594/sqft
Total list price
Closed comps
vs closed median $1.91M
+$90K (+4.7%)
Active comps
vs active median $1.55M
+$445K (+28.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $649
−$55 (−8.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
433 Orchid TreePalm Springs1971432,86410,890$520$1.49M5766
792 Mesquite AvenuePalm Springs1952533,0359,148$741$2.25M3064
1165 Abrigo RoadPalm Springs1961443,03012,197$982$2.98M8864
2280 Desert Park AvenuePalm Springs2005453,02817,860$512$1.55M2061
1450 Lorena WayPalm Springs2004442,78411,326$490$1.36M260
Total: 5 · Average4.23.82,948.212,284.2$649$1.93M39.4
Median3,028$1.55M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1120 Calle De MariaPalm Springs195307/27/2026453,29910,454$1.88M$1.88M$5681.002492
2280 Paseo RosetaPalm Springs194906/18/2026443,21210,454$2.00M$1.88M$5840.9415370
246 Vereda NortePalm Springs197705/29/2026443,43315,682$3.30M$3.19M$9290.973867
2788 Princess LanePalm Springs200009/08/2026442,94515,246$1.98M$1.91M$6470.9612965
248 Palo Verde AvenuePalm Springs200909/04/2026343,31312,197$2.29M$2.10M$6340.927962
Total: 5 · Average3.84.23,240.412,806.6$2.19M$2.19M$672.4—84.6
Median3,299$1.91M$1.91M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.