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1650 East Murray Canyon Drive, Palm Springs, CA 92264

$2.50M3bd · 4ba · 4,393 sqft
Lot 13,068 sqft•Single Family Residence•
Active
•105d on market•MLS# 00-26861717

Property Description

Welcome to 1650 E Murray Canyon Drive, historically known as The Waterfall House, a true contemporary architectural gem nestled within the coveted Indian Canyons neighborhood of South Palm Springs. This custom-designed home, built in 1978 by celebrated local architect James Cioffi, exudes timeless elegance and modern sophistication. Step through the private courtyard to behold the entrance's custom steelwork, introducing this striking home with its pool, cascading waterfall, spa, lounge seating area, and BBQ. The expansive open living areas seamlessly connect indoor and outdoor spaces, bathed in natural light from all directions. The interior structural lines beautifully complement the home's architectural imprint, creating a harmonious ambiance and optimal privacy. At 4,393 square feet, with three bedrooms including a luxurious en-suite primary and four bathrooms, this home is ideal for multi-generational living or entertaining guests. Dine al fresco under the covered back patio and enjoy sunsets over the 11th Tee of the North Course of the iconic Indian Canyon Golf Resort, a unique location surrounded by spectacular desert mountains. Key features include a putting green, floor-to-ceiling stone fireplace, two walk-in primary closets, a chef's kitchen with granite countertops and stainless steel appliances, a den, clerestory windows throughout, a sunken living room and immense bar, and a two-car plus golf cart garage, with golf courses, hiking trails, and horse stables nearby. This desert retreat offers the finest in Southern California living.

Features & Amenities

Indian CanyonsLeaseBuilt 1978

Property Details

Subdivision
Indian Canyons
Land Type
Lease
Year Built
1978
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Forced Air
View
Golf Course, Mountain(s)
Flooring
Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byThe Agency, Arrington Williams

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,616.08
Principal & Interest
Loan Amount
$1,996,000
Total Interest
$2,545,788
Total Payment Over 30 Years
$4,541,788
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Indian Canyons

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

View Indian Canyons Listings

Comparative Market Analysis

Luxury Tier · 4 active · 4 closed

1650 East Murray Canyon Drive, Palm Springs, CA 92264

Indian Canyons · Palm Springs · Single Family Residence · Lease Land

$2.50M
Luxury Tier
Beds
3
Baths
4
Sqft
4,393
Lot
13,068 sqft
Year
1978
$/Sqft
$568
Pool: Yes✓
Spa: Yes✓
View: golf✓

Listed 3.7% above the median closed sale of $2,407,000. Price per sqft ($568) is a 26% discount to closed comps ($764). Closed comps sold at 93% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $2.50M· $568/sqft
Total list price
Closed comps
vs closed median $2.42M
+$70K (+2.9%)
Active comps
vs active median $2.60M
−$104K (−4.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $799
−$231 (−28.9%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2300 Calle Palo FierroPalm Springs1988463,34911,761$775$2.60M8584
2280 Camino RealPalm Springs1964564,28612,632$652$2.79M1383
2622 Calle Palo FierroPalm Springs1966442,43113,270$1,069$2.60M2870
495 Bogert TrailPalm Springs1998333,07517,860$699$2.15M847
Total: 4 · Average4.04.83,285.2513,880.75$798.75$2.53M33.5
Median3,349$2.60M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2358 Alhambra DrivePalm Springs196305/05/2026433,47713,939$2.50M$2.39M$6870.969271
2444 Calle Palo FierroPalm Springs196905/05/2026443,25912,197$2.40M$2.30M$7060.968471
2352 Yosemite DrivePalm Springs196505/21/2026432,67510,890$2.65M$2.50M$9350.9411868
595 Bogert TrailPalm Springs200410/28/2026343,33014,810$2.80M$2.42M$7280.87063
Total: 4 · Average3.83.53,185.2512,959$2.40M$2.40M$764—73.5
Median3,330$2.42M$2.42M

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.