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Sold for $2,400,000
  • Listing Provided by: 

    John Gornik DRE #02031452 310-855-2496,

    Palisades Funding, Inc

    Bought with: Keller Williams Newport Estates
    $2,400,000

    5 Palomino Rd, Palm Springs, CA 92264

    3beds
    2,450sqft
    Single Family Residence
    Built in 1954
    0.29 Acres Lot
    $2,427,900 Zestimate®
    $980/sqft
    $6,846 Estimated rent

    Home value

    $2,427,900

    $2.19M - $2.69M

    $6,846/mo

    Zestimate® history
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    What's special

    Welcome to your fully renovated desert oasis located on an enchanted private street in the highly sought-after Deepwell Estates in Palm Springs. A private home situated on an oversized lot with beautiful lush gardens. This newly remodeled home completed with an eye for design and high-end finishes, the attention to detail is apparent throughout the home. This residence boasts 3 large bedrooms and 3 bathrooms encompassing over 2,450 square feet of luxurious living space, with the magnificent San Jacinto Mountain as your picturesque backdrop that can be enjoyed from nearly every room. The main living area features new wood flooring, cozy gas fireplace with double sliding doors to the outside area, brand new kitchen with Miele appliances, beautiful stone countertops, and finishes. A charming den off the dining area that leads directly to the outside that can be used as an additional bedroom. The master bedroom has a beautiful spa bathroom, walk in closet with custom cabinetry, with direct access to the back yard. The 2nd bedroom is equal to a master suite with its own ensuite bathroom. The third bedroom sits like an attached casita, a large bedroom, shared luxury bathroom, closet with custom cabinetry with direct access to the outside area. Home has an indoor outdoor feel with new decking that leads to your back yard retreat that boasts the most amazing picture perfect unobstructed mountain views. New built-in BBQ/outdoor kitchen area, new oversized firepit, with private sitting areas as you meander around the property create the ultimate living/entertaining space, perfect for hosting gatherings with friends and family. Pool has been completely redone, a brand new spa, and all new pool equipment, the solar system is paid in full, providing significant savings on your energy bills, home entertainment system with Sonos, a car charger and many more details. This gated property within walking distance to some of Palm Springs' most popular spots like Ace Hotel, L'Horizon, Koffi, Elmer's, Bar Cecil and more. This is the dream location with a picture perfect view and you own the land. Don't miss the opportunity to call this stunning property your new home. Schedule a showing today! **More photos coming soon**

    Zillow last checked: 8 hours ago

    Listing updated: July 18, 2023 at 10:07am

    Listing Provided by:

    John Gornik DRE #02031452 310-855-2496,

    Palisades Funding, Inc

    Bought with:

    EJ Redder, DRE #01745504

    Keller Williams Newport Estates

    Source: CRMLS,MLS#: 23266645MLS LogoOriginating MLS: CLAW

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Tub Shower, Vanity
    Kitchen
    • Features: Kitchen/Family Room Combo, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Barbecue, Built-In, Dishwasher, Disposal, Gas Range, Microwave, Range, Range Hood, Dryer, Washer
    Features
    • Ceiling Fan(s), Recessed Lighting
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,450
    • Total interior livable area: 2,450 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Driveway
    • Has carport: Yes
    Features
    • Entry location: Ground Level - no steps
    • Patio & porch: Concrete, Deck, Open, Patio
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: In Ground
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 508421005
    • Zoning: R1C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Other

    Community & neighborhood

    Security
    • Security features: Gated Community
    Community
    • Community features: Gated
    Location
    • Region: Palm Springs
    • Subdivision: Deepwell

    Price history

    DateEventPrice
    7/17/2023Sold$2,400,000-7.7%$980/sqft
    Source: CRMLS #23266645 Report a problem
    6/9/2023Pending sale$2,600,000$1,061/sqft
    Source: CLAW #23-266645 Report a problem
    5/6/2023Listed for sale$2,600,000+73.4%$1,061/sqft
    Source: CLAW #23-266645 Report a problem
    5/8/2022Listing removed--
    Source: Greater Palm Springs Realtors Report a problem
    5/8/2022Pending sale$1,499,000-19%$612/sqft
    Source: Greater Palm Springs Realtors #219076608 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,669 -2.7%$2,448,000 +2%
    2024$29,452 +22.1%$2,400,000 +27.2%
    2023$24,127 +248.8%$1,887,000 +261.5%

    Find assessor info on the county website

    Neighborhood: Deepwell Estates

    Nearby schools

    GreatSchools rating