985 East El Cid, Palm Springs, CA 92262
985 East El Cid, Palm Springs, CA 92262
Property Description
Fantastic Investment Opportunity or Executive Palm Springs Retreat! Located just minutes from Downtown Palm Springs, this fully furnished 6-bedroom, 3-bath home offers over 3,100 square feet of beautifully renovated living space and an exceptional resort-style backyard designed for entertaining and relaxation. The custom outdoor oasis features a stunning pool with a swim-up bar, sunken BBQ, optional gas heating, and an eight-person spa with a Baja shelf—creating the perfect setting for enjoying the iconic Palm Springs lifestyle. Take in the stunning mountain views while lounging poolside or entertaining family and friends. Inside, the recently renovated home showcases a custom open-concept kitchen designed for effortless entertaining, with a seamless connection to the spacious living area and direct sightlines from the kitchen. With six generously sized bedrooms, this property offers exceptional flexibility for large families, an executive retreat, or future short-term rental use. Please note: There are currently no open short-term rental permits associated with the property. A new owner interested in short-term rental use will need to apply for a 2027 short-term rental permit, subject to the City of Palm Springs’ applicable requirements and regulations. Offered fully furnished and ready to enjoy, this property combines investment potential, luxurious indoor-outdoor living, and an exceptional Palm Springs location. Whether you’re looking for a private desert retreat or an opportunity to pursue short-term rental use, this property offers an outstanding Palm Springs lifestyle.
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Property Details
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About Victoria Park/Vista Norte
This property is located in Victoria Park/Vista Norte, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Victoria Park/Vista Norte ListingsComparative Market Analysis
Luxury Tier · 5 active · 5 closed
Victoria Park/Vista Norte · Palm Springs · Single Family Residence · Lease Land
Listed 5.7% below the median closed sale of $1,219,000. Price per sqft ($369) is a 12% discount to closed comps ($421). Luxury tier — fewer comparable sales widen the confidence range.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 792 Mesquite Avenue | Palm Springs | 1952 | 5 | 3 | 3,035 | 9,148 | $741 | $2.25M | 31 | 67 |
| 2062 Chico Drive | Palm Springs | 1974 | 5 | 5 | 3,252 | 10,890 | $552 | $1.79M | 135 | 65 |
| 1628 Sienna Court | Palm Springs | 2007 | 5 | 5 | 3,056 | 10,019 | $434 | $1.32M | 151 | 65 |
| 1125 Via San Michael Road | Palm Springs | 1993 | 5 | 4 | 2,900 | 11,761 | $466 | $1.35M | 19 | 65 |
| 154 Ocotillo Avenue | Palm Springs | 2018 | 5 | 4 | 2,766 | 9,148 | $831 | $2.30M | 208 | 64 |
| Total: 5 · Average | 5.0 | 4.2 | 3,001.8 | 10,193.2 | $604.8 | $1.80M | 108.8 | |||
| Median | 3,035 | $1.79M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1955 Yucca Place | Palm Springs | 1958 | 08/04/2026 | 3 | 4 | 2,950 | 10,019 | $1.50M | $1.50M | $507 | 1.00 | 154 | 64 |
| 1441 Amelia Way | Palm Springs | 2004 | 10/02/2026 | 4 | 4 | 2,784 | 10,454 | $1.40M | $1.36M | $490 | 0.98 | 53 | 64 |
| 2220 Hermosa Drive | Palm Springs | 2004 | 10/02/2026 | 3 | 4 | 3,042 | 10,890 | $1.25M | $1.22M | $401 | 0.98 | 107 | 63 |
| 1575 Enclave Way | Palm Springs | 2006 | 09/18/2026 | 3 | 4 | 2,847 | 10,454 | $1.16M | $1.13M | $397 | 0.97 | 16 | 63 |
| 816 Mira Grande | Palm Springs | 2004 | 09/14/2026 | 4 | 3 | 2,517 | 9,148 | $779,000 | $779,000 | $309 | 1.00 | 37 | 63 |
| Total: 5 · Average | 3.4 | 3.8 | 2,828 | 10,193 | $1.20M | $1.20M | $420.8 | — | 73.4 | ||||
| Median | 2,847 | $1.22M | $1.22M | ||||||||||
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.