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550 Palisades Drive, Palm Springs, CA 92262

$8,150,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,932 Status: Closed
Current Price: $8,150,000 List Date: 1/18/2024 Last Modified: 5/12/2026

Description

A vision of creativity of a bygone era, the true architectural embodiment of Desert Modern. One of a small collection of properties considered Organic Modern, to grace the captivating landscape of the Coachella Valley, the home and its grounds were designed by foresighted Hugh Kaptur, 1958. Heralded as one of the most prolific architects of his time, Kaptur considered the entire parcel when creating an unmatched environment to enjoy the spectacular setting. Illuminated meandering paths formed from the native mineral terrain& cascading rock waterfalls envelop the home, its myriad terraces& verdant gardens. The distinct facade, surrounding walls of glass& graphic roof-line canopy brilliantly mirror clad, reflecting the everchanging tableau of light, horizon& scenic wonder afforded by the property's ideal elevation& location. Panoramic vistas from nearly every vantage are complemented by delightful details; thoughtfully curated viewing and entertaining areas; a luminous pool; and a graphic assemblage of mature palms. Further enhancing the interior connection to the environmental context are substantial exposed rock formations& access to a continuous water feature& Koi fish habitat. Albert Frey, a groundbreaking contributor to modern architecture expanded the property, including guest house of equal visual interest& design integrity. 1 of only 3 famed properties on this private ridge, protected by a gated road& set above downtown Palm Springs, an opportunity beyond compare.

More Information MLS# 219105492

Listing, Location and Property Info

Entry Date: 2024-01-17 Land Type: Fee

General Property Information

Fireplace: Yes Building # of Stories: 1 Total Fireplaces: 1 Pool: Yes Garage: Yes Garage Description: Detached Sprinklers: Yes Furnished: Unfurnished Total Bedrooms: 3 Full Baths: 3 Half Baths: 1 Approx SqFt: 2932 Total Baths: 4 SqFt Source: Assessor Lot Size: 58806 Lot Size Source: Assessor Year Built: 1959 Cross Streets: W Tahquitz Canyon

Listing Info

Short Term Rentals: Unknown Will Consider Lease: No Exclusions of Sale: Furnishings

Tax Info

Tax Mello Roos: No

Property Info

View: Yes Golf Course Within Development: No Senior Community: No Gated Community: Yes PUD Y/N: No Total Monthly Association Fees: 0

Sale Type

Standard: 1

Listing Terms

Cash: 1 Cash to New Loan: 1

Possession

Close Of Escrow: 1

Parking Spaces/Information

RV: None Total Covered Spaces: 4 Total Uncovered/Assigned Spaces: 0

Lot Description

Irregular Lot: 1 Private: 1

View Type

City: 1 Mountain(s): 1 Panoramic: 1 Pool: 1

Property Orientation Faces

Leisure Faces South: 1

Other Structures

Guest House/Casita: 1

Other Structural Features

Barbeque Private: 1 Custom Built: 1 Koi Pond: 1 Misting System: 1 Premium Lot: 1

Irrigation

Sprinkler System: 1

Disclosures

Property As Is: 1 None: 1

Casita Features

Kitchenette: 1

Building Style

Mid Century: 1

Levels

One: 1

Appliances

Dishwasher: 1 Dryer: 1 Refrigerator: 1 Washer: 1

Built-In BBQ

Gas: 1

Bedroom Features

2 Primary Bedrooms: 1

Doors

Sliding Doors: 1

Exterior Construction

Stucco: 1

Flooring

Tile: 1

Cooling Type

Air Conditioning: 1

Pool Location

Private: 1

Pool Accessories

Unknown: 1

Pool Construction

In Ground: 1

Pool Description

Private: 1

Spa/Hot Tub Construction

In Ground: 1

Spa/Hot Tub Description

Private: 1

Heating

Other: 1

Fireplace Location

Other: 1

Fireplace Features

Gas: 1

Rooms

Casita - Guest House: 1 Dining Area: 1 Family Room: 1 Living Room: 1 Wine Cellar: 1

Interior Features

Bar: 1

Laundry

Laundry Area: 1

Security Safety

Automatic Gate: 1 Closed Circuit Camera(s): 1 Security System Owned: 1

Window Treatments

Custom Window Covering: 1

Roofing

Foam: 1

Patio Features

Covered: 1 Misters: 1

Sewer

In, Connected and Paid: 1

Water

In Street: 1

Water Heater Feature

Water Heater Unit: 1

Parking

Covered: 1 Driveway: 1 Garage Door Opener: 1

HOA Information

HOA: No

Contingent Upon

Inspection: 1

Land Lease Type

Fee Simple: 1

DPR

DPR Eligible: No

Listing Location and Property Info

APN: 513110043 Status: Closed Listing Date: 2024-01-17 Original List Price: 8750000 Sold Price: $8,150,000 Current Price: $8,150,000 Property Sub-Type: Single Family Residence Street #: 550 Street Name: Palisades Street Suffix: Drive County: Riverside State: CA Zip Code: 92262 Area: 332 - Palm Springs Central Country: US

Status Change Info

Status Change Date: 2024-03-28 Pending Date: 2024-03-08 Closed Date: 2024-03-28 Closed Price: 8150000

Parking SpacesInformation

Total Carport Spaces: 3 Total Garage Spaces: 1 Total Parking Spaces: 8

Property Features

Sale Type: Standard Listing Terms: Cash; Cash to New Loan Possession: Close Of Escrow Lot Description: Irregular Lot; Private View Type: Mountain(s); Panoramic; Pool Property Orientation Faces: Leisure Faces South Other Structures: Guest House/Casita Other Structural Features: Barbeque Private; Custom Built; Koi Pond; Misting System; Premium Lot Irrigation: Sprinkler System Disclosures: Property As Is; None Casita Features: Kitchenette Building Style: Mid Century Levels: One Appliances: Dishwasher; Dryer; Refrigerator; Washer Built-In BBQ: Gas Bedroom Features: 2 Primary Bedrooms Doors: Sliding Doors Exterior Construction: Stucco Flooring: Tile Cooling Type: Air Conditioning Pool Location: Private Pool Accessories: Unknown Pool Construction: In Ground Pool Description: Private Heating: Other Fireplace Location: Other Fireplace Features: Gas Rooms: Casita - Guest House; Dining Area; Family Room; Living Room; Wine Cellar Interior Features: Bar Laundry: Laundry Area Security Safety: Automatic Gate; Closed Circuit Camera(s); Security System Owned Window Treatments: Custom Window Covering Roofing: Foam Patio Features: Covered; Misters Sewer: In, Connected and Paid Water: In Street Water Heater Feature: Water Heater Unit Parking: Covered; Driveway; Garage Door Opener Contingent Upon: Inspection Land Lease Type: Fee Simple
Listing Office: Pacific Sotheby's Int'l Realty
Listing Agent: Sean Stanfield
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.

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