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735 N Prescott Drive, Palm Springs, CA 92262

$5,300,000
Property Type: Residential Bedrooms: 5 Baths: 9 Square Footage: 6,577 Lot Size (sq. ft.): 40,946 Status: Closed
Current Price: $5,300,000 List Date: 1/05/2024 Last Modified: 5/14/2026

Description

MAJOR PRICE ADJUSTMENT! Experience the epitome of luxury living in this unique and meticulously restored 2-story Spanish Colonial nestled on approximately 1 acre of prime land within the highly sought-after Old Las Palmas neighborhood of Palm Springs. Originally stripped down to its core in 2001, this property has since been thoughtfully expanded by acquiring an adjacent half lot, creating a private family haven that radiates timeless elegance. No expense has been spared in the restoration of this architectural gem, evident from the moment you step inside. Every detail exudes opulence, a testament that must be witnessed firsthand to truly appreciate. With its distinctive Spanish Revival design, this home channels the spirit of a WALLACE NEFF masterpiece. This spacious 5-bedroom, 9-bathroom dwelling offers an expansive 6,577 square feet of living space, featuring not one but two master suites, three guest suites, a dedicated theater room, an inviting upstairs sitting area, and a well-appointed exercise room. Step outside, and you'll be greeted by a pristine saltwater pool, resplendent in ceramic blue tile, complete with a tanning bed and a built-in spa. The meticulously manicured grounds boast breathtaking views and house a delightful fruit orchard alongside a collection of 56 majestic palm trees. For those with a passion for automobiles, this property is a dream come true. It features 3 attached garages, plus a separate 910sf garage w/12-foot ceilings and its own driveway.

More Information MLS# 219104830

Listing, Location and Property Info

Entry Date: 2024-01-05 Land Type: Fee

General Property Information

Fireplace: Yes Building # of Stories: 2 Total Fireplaces: 3 Pool: Yes Garage: Yes Garage Description: Detached Sprinklers: Yes Furnished: Furnished Total Bedrooms: 5 3/4 Baths: 7 Half Baths: 1 Approx SqFt: 6577 Total Baths: 9 SqFt Source: Other Lot Acres: 0.94 Lot Size: 40946 Lot Size Source: Assessor Year Built: 1936 Cross Streets: W Merito Pl

Listing Info

Short Term Rentals: Yes Rental Restrictions: No Will Consider Lease: No Other Schools: Palm Valley School Exclusions of Sale: Some artwork (Oil painting over fireplace) and personal items. School District: Palm Springs Unified Elementary School: Katherine Finchy Junior Middle School: Raymond Cree High School: Palm Springs

Tax Info

Tax Mello Roos: No

Property Info

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

Fencing

Block: 1 Fenced: 1 Privacy: 1

Sale Type

Standard: 1

Road Surface Type

Paved: 1

Listing Terms

Cash: 1 Cash to New Loan: 1

Possession

Negotiable: 1

Parking Spaces/Information

Total Covered Spaces: 6 Total Uncovered/Assigned Spaces: 0

Lot Description

Automatic Gate: 1 Back Yard: 1 Flag Lot: 1 Front Yard: 1 Landscaped: 1 Lawn: 1 Level: 1 Private: 1 Utilities Underground: 1 Yard: 1

Lot Location

Corner Lot: 1

View Type

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

Property Orientation Faces

Front Door Faces East: 1 Leisure Faces South: 1

Other Structures

Accessory Bldgs: 1

Other Structural Features

Balcony: 1 Custom Built: 1

Other Equipment

Intercom: 1

Property Condition

Additions/Alterations: 1 Updated/Remodeled: 1

Irrigation

Sprinkler System: 1 Sprinkler Timer: 1

Disclosures

None: 1

Building Style

Mediterranean: 1 Spanish: 1 Spanish Colonial: 1

Levels

Two: 1

Entry Location

Foyer: 1 Main Level: 1

Appliances

Bar Ice Maker: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Gas Oven: 1 Gas Range: 1 Ice Maker: 1 Ice Maker - Standalone: 1 Microwave Oven: 1 Refrigerator: 1 Washer: 1 Water Filter: 1

Range Hood

Yes: 1

Kitchen Features

Gourmet Kitchen: 1 Island: 1 Pantry: 1 Remodeled: 1 Stone Counters: 1 Tile Counters: 1

Eating Areas

Breakfast Counter/Bar: 1 Breakfast Nook: 1 Formal Dining Room: 1 Kitchen Island: 1

Bedroom Features

2 Primary Bedrooms: 1 Dressing Area: 1 Main Floor Primary Bedroom: 1 Primary Retreat: 1 Primary Suite: 1 Walk In Closet: 1

Bathroom Features

2 Primary Baths: 1 Double Vanity(s): 1 Linen Closet: 1 Powder Room: 1 Remodeled: 1 Tile Shower: 1

Doors

Double Door Entry: 1 French Doors: 1

Exterior Construction

Stucco: 1

Foundation

Slab: 1

Flooring

Hardwood: 1 Spanish Tile: 1

Cooling Type

Air Conditioning: 1 Ceiling Fan(s): 1 Central Air: 1 Zoned: 1

Pool Location

Private: 1

Pool Construction

In Ground: 1 Tile: 1

Pool Description

Heated: 1 In Ground: 1 Private: 1 Salt Water: 1 Tile: 1

Spa/Hot Tub Construction

In Ground: 1 Tile: 1

Spa/Hot Tub Description

Heated: 1 Private: 1

Heating

Central: 1 Fireplace(s): 1 Forced Air: 1

Fireplace Location

Dining Room: 1 Living Room: 1 Primary Bedroom: 1

Fireplace Features

Decorative: 1 Gas: 1 Gas Starter: 1 Raised Hearth: 1

Rooms

Attic: 1 Bar: 1 Basement: 1 Butler's Pantry: 1 Dining Area: 1 Dining Room: 1 Formal Entry: 1 Gym: 1 Home Theatre: 1 Living Room: 1 Utility: 1

Interior Features

Bar: 1 Basement: 1 Beamed Ceilings: 1 Built-In Features: 1 Hi-Speed Data Wiring: 1 High Ceilings (9 Ft+): 1 Home Automation System: 1 Phone System: 1 Recessed Lighting: 1 Storage: 1 Surround Sound Wired: 1 Wet Bar: 1

Laundry

In Garage: 1 Individual Room: 1

Security Safety

Automatic Gate: 1 Security System Owned: 1

Window Treatments

Drapes: 1 Screens: 1

Roofing

Tile: 1

Patio Features

Awning(s): 1 Balcony: 1 Brick - Tile: 1 Covered: 1

Sewer

In, Connected and Paid: 1

Water

Water District: 1 Water District Name: Desert Water Agency

Parking

Covered: 1 Driveway: 1 Guest: 1 Oversized: 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: 505282011 Status: Closed Listing Date: 2023-10-03 Original List Price: 6599999 Sold Price: $5,300,000 Current Price: $5,300,000 Property Sub-Type: Single Family Residence Street #: 735 Street Direction: N Street Name: Prescott Street Suffix: Drive County: Riverside State: CA Zip Code: 92262 Area: 332 - Palm Springs Central Neighborhood: Old Las Palmas Country: US

Status Change Info

Status Change Date: 2024-06-27 Pending Date: 2024-06-18 Closed Date: 2024-06-27 Closed Price: 5300000

Parking SpacesInformation

Total Garage Spaces: 6 Total Parking Spaces: 12

Property Features

Sale Type: Standard Listing Terms: Cash; Cash to New Loan Possession: Negotiable Lot Description: Automatic Gate; Back Yard; Flag Lot; Front Yard; Landscaped; Lawn; Level; Private; Utilities Underground; Yard Lot Location: Corner Lot View Type: Mountain(s); Panoramic; Pool Property Orientation Faces: Front Door Faces East; Leisure Faces South Other Structures: Accessory Bldgs Other Structural Features: Balcony; Custom Built Other Equipment: Intercom Property Condition: Additions/Alterations; Updated/Remodeled Irrigation: Sprinkler System; Sprinkler Timer Fencing: Block; Fenced; Privacy Disclosures: None Building Style: Mediterranean; Spanish; Spanish Colonial Levels: Two Entry Location: Foyer; Main Level Appliances: Bar Ice Maker; Dishwasher; Disposal; Dryer; Freezer; Gas Oven; Gas Range; Ice Maker; Ice Maker - Standalone; Microwave Oven; Refrigerator; Washer; Water Filter Range Hood: Yes Kitchen Features: Gourmet Kitchen; Island; Pantry; Remodeled; Stone Counters; Tile Counters Eating Areas: Breakfast Counter/Bar; Breakfast Nook; Formal Dining Room; Kitchen Island Bedroom Features: 2 Primary Bedrooms; Dressing Area; Main Floor Primary Bedroom; Primary Retreat; Primary Suite; Walk In Closet Bathroom Features: 2 Primary Baths; Double Vanity(s); Linen Closet; Powder Room; Remodeled; Tile Shower Doors: Double Door Entry; French Doors Exterior Construction: Stucco Foundation: Slab Flooring: Hardwood; Spanish Tile Cooling Type: Air Conditioning; Ceiling Fan(s); Central Air; Zoned Pool Location: Private Pool Construction: In Ground; Tile Pool Description: Heated; In Ground; Private; Salt Water; Tile Heating: Central; Fireplace(s); Forced Air Fireplace Location: Dining Room; Living Room; Primary Bedroom Fireplace Features: Decorative; Gas; Gas Starter; Raised Hearth Rooms: Attic; Bar; Basement; Butler's Pantry; Dining Area; Dining Room; Formal Entry; Gym; Home Theatre; Living Room; Utility Interior Features: Bar; Basement; Beamed Ceilings; Built-In Features; Hi-Speed Data Wiring; High Ceilings (9 Ft+); Home Automation System; Phone System; Recessed Lighting; Storage; Surround Sound Wired; Wet Bar Laundry: In Garage; Individual Room Security Safety: Automatic Gate; Security System Owned Window Treatments: Drapes; Screens Roofing: Tile Patio Features: Awning(s); Balcony; Brick - Tile; Covered Sewer: In, Connected and Paid Water: Water District Parking: Covered; Driveway; Guest; Oversized Road Surface Type: Paved Contingent Upon: Inspection Land Lease Type: Fee Simple
Listing Office: Berkshire Hathaway HomeServices California Properties
Listing Agent: Louise Hampton
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.

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