735 N Prescott Drive, Palm Springs, CA 92262

$5,990,000 Asking Price

5 beds
9 baths
6,577  sqft
Built in 1936

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.


Features & Amenities

Interior

General:
Beamed Ceilings,Wet Bar,Built-in Features,High Ceilings,Phone System,Recessed Lighting,Storage,Smart Home,Bar,Wired for Sound,Attic,Dressing Area,Main Level Primary,Multiple Primary Suites,Primary Suite,Utility Room,Walk-In Closet(s)
Appliances:
Dishwasher,Freezer,Disposal,Gas Oven,Gas Range,Ice Maker,Microwave,Refrigerator,Range Hood,Water Purifier
Laundry:
In Garage,Laundry Room
Flooring:
Tile,Wood
A/C:
true, Central Air,Zoned
Heating:
true, Central,Forced Air,Fireplace(s)
Fireplace:
Decorative,Dining Room,Gas,Gas Starter,Living Room,Primary Bedroom,Raised Hearth, Fireplace

Exterior

General:
Heated,In Ground,Private
Style:
Mediterranean,Spanish
Pool:
Electric Heat,In Ground,Private,Salt Water,Tile
Parking:
Covered,Driveway,Guest,Oversized, Parking spaces: 12

Construction

Roofing:
Tile
Windows:
Drapes,Screens
General:
Stucco, 2, Slab

Location

Originating MLS:
CRMLS
School District:
Palm Springs Unified
County:
Riverside

Lot

Zoning:
505282011
View:
Mountain(s),Panoramic,Pool, View
Fencing:
Block,Privacy

Financial

Source:
CRMLS
Exclusions:
Some artwork (Oil painting over fireplace) and personal items.
Buyers Agent Compensation:
2.000

This listing courtesy of:
Berkshire Hathaway HomeServices California Properties, Louise Hampton

About Palm Springs, CA

Housing

Number of Units
36,960
Median Home Value
$441,728
Median Rent
$1,131

34.53% of housing units are renter occupied.

29.66% are vacant.

Commute

Car
48.98%
Public Transportation
0.92%
Walk to Work
1.21%
Work from Home
47.90%
Other
0.53%

The median travel time to work is 13 minutes.

People

Population
48,368
Median Age
52.50
Median Household Size
2.13

Education

High School
19.41%
Associate’s Degree
7.63%
Bachelor’s Degree
23.81%
Graduate Degree
17.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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