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$1,975,000
● House - For Sale

1635 Palm Tree Drive

Palm Springs, CA 92264
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,743 Ft²
$9,698
Est. Monthly

About This Property

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.
Unit Size
3,743 Ft²
Days on Market
7 days
Land Size
0.35 acres
Price per sqft
$528
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

Listed By

Christina Arthur
Keller Williams Luxury Homes

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Last updated: 7 days ago (CRMLS #219154250DA)

Price History

Date / Event Date Event Price
Oct 13, 2026 Listed by Keller Williams Luxury Homes $1,975,000
Listed by Keller Williams Luxury Homes
Dec 4, 2025 Sold
Sold
Sep 18, 2025 In contract -
In contract
Feb 28, 2025 Listed by Coldwell Banker Realty $1,549,000
Listed by Coldwell Banker Realty
MAJOR Price Adjustment! Built in 1956, this 4 bedroom, 4 (ensuite) baths, extra large Mid-Century home is teeming with iconic Mid-Century architectural features, including Post and beam construction clerestory windows, a floating Terrazzo gas fireplace and a sunken bar. This home has an open living room, dining room and a family/TV room area. The kitchen is separate. This beautiful home sits on an oversized lot, one of the largest in Deepwell Estates, lush with sub tropical and drought resistance plants and a nest of over 30 Palm Tree types which thrive in the desert climate. Side yard boasts a citrus orchard with Meyer lemon, lemon, orange and blood orange trees. The attached Casita has a its own entrance and a kitchenette. Great for guests or for rental income. This home needs some renovation, however the roof and pool are newer and some plumbing and electrical have been addressed. This one-of-a-kind property is ready for you to make your own personal oasis in our magical desert. There are stunning panoramic views located in the heart of Deepwell Estates, sunsets and mountains can be viewed from virtually every room, including the Primary shower. Interior features include a large Primary suite with 2 huge walk in closets/dressing rooms (home is believed to have been built by a Radio City Rockette) and direct access to the pool area. There is fantastic separation of the Primary suite from the other bedrooms and the Casita. Great for those seeking privacy in a large home. The galley kitchen has a brick wall with an original built in brick oven, another mid century relic. There are 2 dining areas, including a breakfast nook with corner bench seats. The yard has many rare and exotic palm trees that are easy to maintain and documented by the Sellers. This home has Vacation Rental (STR) income potential as Deepwell Estates has an approximate 12% VR rate (subject to change, the cap rate for PS is 20%, so there is still room to begin the STR process with the City). Palm Tree is quiet, yet close to everything. Deepwell Estates is a long established and very desirable neighborhood with lots of mature trees and history, a historic and star studded neighborhood, many celebrities have called Deepwell Estates home over the years. It is a huge attraction during Modernism Week, featuring major tours. There is a wonderful, vibrant neighborhood organization known as DENO that has events throughout the year. While Palm Springs can be windy no matter where the location, Deepwell Estates is known as one of the least windy areas, surrounded by mountains on 3 sides. The owners have loved living in this home. There are approximately 3 years left on the Solar Lease, fully assumable, which has 39 panels, electricity is sold back to the Homeowner at a much lower rate then SCE. Buyer to verify all information, including but not limited to: square footage (which came from a recent Appraisal), all systems including the solar lease, schools, septic/sewer systems, alarm, vacation rental compliance, etc. Cameras are in use at the property. Please see Homeowner's statement attached.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Carport
Has Open Parking
Parking Features: Attached Carport, Circular Driveway, Garage, Garage Door Opener, Guest, On Street
Garage Spaces: 2
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 4
Interior Features: Breakfast Bar, Bar, Walk-In Closet(s), BreakfastArea, SeparateFormalDiningRoom, AllBedroomsDown, DressingArea
Appliances: Convection Oven, Dishwasher, Gas Oven, Refrigerator
Flooring Type: Tile
Has Fireplace
Fireplace Features: Family Room, Gas
Exterior Details
Has Property Attached
Square Footage: 3743
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1956
Pool Features: In Ground, Tile
Pool is Private
Lot Features: DripIrrigationBubblers, PlannedUnitDevelopment, SprinklerSystem
Lot Size Area: 15246
Lot Size Units: Square Feet
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 541
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 5,278
  • Gross Building Area: 5,278
  • Building Area: 3,357
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,357
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEEP WELL RANCH ESTATES UNIT 9
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 14 MB 028/095 DEEP WELL RANCH ESTATES UNIT 9

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044805

Zoning

  • Zoning: R1C

Geography

  • Parcel: 508-451-005
  • Lot: 14
  • Municipality: PALM SPRINGS
  • Latitude: 33.8028
  • Longitude: -116.532

    Address

  • Full Address: 1635 E Palm Tree Dr
  • Address - House Number: 1635
  • Street Direction: E
  • Address - Street Name: Palm Tree
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C010
  • 4-Digit Zip Code: 8597
  • Zip Code: 92264

Valuation

    Tax

  • Total Area: 2,637
  • Tax Year: 2023
  • Tax Amount: $1,091,234
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 011-003

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 94
  • Final Value: 2,089,751
  • High Value: 2,248,508
  • Low Value: 1,930,994

    Market Valuation

  • Market Total Value: $1,321,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $848,869
  • Assessed Land Value: $227,084
  • Assessed Improvements Value: $621,785

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2009
  • Current Sale Recording Date: Jun 05, 2009
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2009-0286771
  • Previous Sale Recording Date: Nov 10, 2005
  • Previous Sale Contract Date: Nov 04, 2005
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Deepwell Estates


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Frequently Asked Questions

When was property at 1635 Palm Tree Drive built and last sold?
The property at 1635 Palm Tree Drive was built in 1956 and last sold on May 12, 2009 for $660,000.
How much is this home worth?
The estimated value of the home located at 1635 Palm Tree Drive is $1,991,898.
What are some comparable homes to 1635 Palm Tree Drive?
There are currently no comparable homes to 1635 Palm Tree Drive.