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1077 S Riverside Drive, Palm Springs, CA 92264

$970K3bd · 2ba · 1,788 sqft
Lot 10,890 sqft•Single Family Residence•
Active
•202d on market•MLS# 219146384

Property Description

Massive price reduction on this Original Palm Springs Trousdale ranch-style home designed for true resort-style living. Welcome to a piece of Palm Springs history. Nestled on a spacious quarter-acre lot, this timeless 1949 residence has been cherished by one family since it was built. Offering three bedrooms, two baths, and 1,788 square feet, the home's true magic lies in its breathtaking mountain views and unbeatable location. With the generous size of the lot, there's excellent potential to expand and customize the house to make it your own, making it the perfect canvas for your dream desert retreat. Set against a backdrop of stunning mountain views, the expansive backyard features a sparkling pool creating the perfect setting for year-round indoor-outdoor living, entertaining, and relaxation. This 3-bedroom, 2-bath residence offers seamless flow between interior and exterior spaces, making it ideally suited for hosting guests or operating as a short-term rental. Located in Tahquitz River Estates--currently eligible for a full short-term rental permit--this property presents exceptional Airbnb and VRBO income potential. The front yard is thoughtfully designed with mature hedging and set forward to allow maximum backyard space. Inside, the primary suite serves as a private retreat, complete with an en-suite bathroom, walk-in shower, and closets Two additional guest bedrooms are well-separated, providing comfort and privacy for visitors or extended stays. Ability to make a large extension of the kitchen and living space with the recently added pad makes this property extremely attractive. Whether you're seeking a primary residence, a lock-and-leave second home, or an income-producing investment, this home offers flexibility, lifestyle, and strong rental appeal in one of Palm Springs' most desirable neighborhoods. Ideally located just moments from some of the city's most popular destinations, including Bar Cecil, Del Rey, and Sopa, you'll enjoy the best of Palm Springs right at your doorstep. An exceptional opportunity to update, customize, and add value--perfect for buyers looking to create their own desert retreat or maximize investment potential.

Features & Amenities

Property Details

Subdivision
Tahquitz River Estates
Land Type
Fee
Year Built
1949
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
0
Heating
Central, Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Dual, Electric, Evaporative Cooling, Wall/Window Unit(s)
View
Canyon, City, City Lights, Desert, Hills, Mountain(s), Panoramic, Pool
Flooring
Mixed
Roof
Composition, Elastomeric, Flat, Rolled/Hot Mop
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byColdwell Banker Realty, Zoltan R Posa·760-485-0051

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,904.82
Principal & Interest
Loan Amount
$775,996
Total Interest
$989,740
Total Payment Over 30 Years
$1,765,736
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Tahquitz River Estates

This property is located in Tahquitz River Estates, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Tahquitz River Estates Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

1077 S Riverside Drive, Palm Springs, CA 92264

Tahquitz River Estates · Palm Springs · Single Family Residence

$970K
Residential Tier
Beds
3
Baths
2
Sqft
1,788
Lot
10,890 sqft
Year
1949
$/Sqft
$543
Pool: Yes✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $970,000. Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $970K· $543/sqft
Total list price
Closed comps
vs closed median $970K
−$5 (−0.0%)
Active comps
vs active median $1000K
−$30K (−3.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $627
−$84 (−13.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
745 Sunny Dunes RoadPalm Springs1951321,44910,019$662$959,0008984
1653 Sunny Dunes RoadPalm Springs1953221,51810,890$659$999,9998378
1190 Calle MarcusPalm Springs1978332,1559,148$510$1.10M4070
2109 Paseo GraciaPalm Springs1967321,60011,761$681$1.09M2168
1328 Camino PrimrosePalm Springs1938321,3935,227$624$869,0003662
Total: 5 · Average2.82.21,6239,409$627.2$1.00M53.8
Median1,518$999,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
971 San Lucas RoadPalm Springs195010/08/2026331,41010,890$1.01M$888,000$6300.887885
801 S Sunrise WayPalm Springs194912/05/2025321,86411,326$1.10M$1.05M$5630.9518783
1033 Calle RolphPalm Springs198707/30/2026232,05910,890$1.10M$1.05M$5100.954472
1372 Camino PrimrosePalm Springs195708/25/2026421,7235,227$850,000$825,000$4790.9711365
610 Camino RealPalm Springs193806/26/2026342,1286,098$995,000$970,000$4560.972364
Total: 5 · Average3.02.81,836.88,886.2$956,600$956,600$527.6—89
Median1,864$970,000$970,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.