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

Overview

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-ap ...

Listing Details MLS# 219104830

General Property Information

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

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 Location and Property Info

APN
505282011
Original List Price
6599999
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

Listing Info

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

Tax Info

Tax Mello Roos
No

Property Info

Golf Course Within Development
No
Additional Parcel
No
Senior Community
No
Gated Community
No
PUD Y/N
No

More Information

Status Change Info

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

Water

Water District Name
Desert Water Agency

Parking SpacesInformation

Total Garage Spaces
6
Total Parking Spaces
12

HOA Information

HOA
No

DPR

DPR Eligible
No
Listing Office: Berkshire Hathaway HomeServices California Properties
Listing Agent: Louise Hampton
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.