Listing cover photo
1 / 1

979 Las Palmas Estates Drive, Palm Springs, CA 92262

$5.50M4bd · 5ba · 3,400 sqft
Lot 17,860 sqft•HOA $134/mo•Single Family Residence•
Active
•231d on market•MLS# PS-26665153

Property Description

Set within the exclusive gated enclave of ONE Las Palmas in coveted Old Las Palmas, this architecturally striking modern compound captures dramatic, up-close views of the San Jacinto mountains and the iconic Dry Falls. This enhanced residence blends mid-century inspiration with contemporary execution, delivering privacy, scale, and a true resort-caliber lifestyle just moments from downtown Palm Springs. Completed and furnished in 2025 and lightly enjoyed as a private retreat, the home offers a rare sense of newness paired with thoughtful upgrades throughout. Walls of glass, soaring ceilings with clerestory windows, and expansive sliding doors create seamless indoor/outdoor living, filling the interiors with natural light while framing the surrounding landscape. Outdoor living is exceptional. A dramatic pool setting is anchored by an expansive cabana complete with lounge, swim-up bar, bath, BBQ island, and outdoor shower designed for entertaining at scale or relaxing in total privacy. At the center of the home, a gourmet kitchen with oversized island, Cambria quartz surfaces, dual dishwashers, and a full Wolf and Sub-Zero appliance suite opens to the living and dining areas, all oriented toward the pool terrace where the lifestyle unfolds. A generous walk-in pantry enhances both function and entertaining capacity. The floor plan offers excellent separation, with a private Primary Suite wing featuring mountain views, direct pool access, spa-like bath, and Lutron-controlled shades, along with a dedicated work area and powder bath. On the opposite side of the residence, two additional ensuites connect to a flexible media or wellness space, while a detached casita provides a true guest retreat. Infrastructure and efficiency are equally impressive, including 30 solar panels paired with two Tesla Powerwall batteries, four-zone HVAC, integrated audio, full security system, EV charging prep, and upgraded construction finishes throughout. Offered TURNKEY FURNISHED and never rented, this is a rare opportunity to own one of the most compelling modern estates in Old Las Palmas - where architecture, privacy, and lifestyle converge at the highest level.

Features & Amenities

Property Details

Subdivision
Old Las Palmas
Land Type
Fee
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Zoned, Central, Fireplace(s), Forced Air
Cooling
Central Air
View
Mountain(s), Panoramic
Flooring
Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byKeller Williams Luxury Homes, Brady Sandahl

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$27,810.99
Principal & Interest
Loan Amount
$4,399,999
Total Interest
$5,611,956
Total Payment Over 30 Years
$10,011,955
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Old Las Palmas

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

View Old Las Palmas Listings

Comparative Market Analysis

Luxury Tier · 3 active · 5 closed

979 Las Palmas Estates Drive, Palm Springs, CA 92262

Old Las Palmas · Palm Springs · Single Family Residence

$5.50M
Luxury Tier
Beds
4
Baths
5
Sqft
3,400
Lot
17,860 sqft
Year
0
$/Sqft
$1618
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 10.0% above the median closed sale of $5,000,000. Price per sqft ($1,618) is a 37% premium to closed comps ($1,183). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $5.50M· $1,618/sqft
Total list price
Closed comps
vs closed median $5.00M
+$500K (+10.0%)
Active comps
vs active median $4.85M
+$650K (+13.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $911
+$707 (+77.7%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
520 Via LolaPalm Springs1954454,58113,068$1,047$4.79M18069
690 Stevens RoadPalm Springs1967555,63323,958$861$4.85M1754
467 Via LolaPalm Springs1948697,13144,867$824$5.88M745
Total: 3 · Average5.06.35,781.66727,297.667$910.667$5.17M68
Median5,633$4.85M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
425 Via Las PalmasPalm Springs201711/05/2025464,96718,731$4.85M$4.85M$9761.002182
698 Las Palmas Estates DrivePalm Springs202304/01/2025563,74316,171$5.50M$5.20M$1,3890.956978
630 Cahuilla RoadPalm Springs200804/28/2026565,93825,700$6.50M$5.90M$9940.9114674
555 Stevens RoadPalm Springs202208/06/2025444,27221,780$5.25M$4.90M$1,1470.935571
776 Mission RoadPalm Springs193506/23/2025453,54725,265$5.38M$5.00M$1,4100.9324871
Total: 5 · Average4.45.44,493.421,529.4$5.17M$5.17M$1,183.2—107.8
Median4,272$5.00M$5.00M

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.