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Tahquitz River Estates Multifamily Home for Sale

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    $2,900,000

    • 13 Beds
    • 13 Baths
    • 6,443 Sq Ft

    1595 S Indian Trail, Palm Springs, CA 92264

    Mid-century modern apartment community in prime Palm Springs location. Exceptional investment opportunity with rental income upside. Spacious units with pool views and private patios. Nine 1-bedroom units and two 2-bedrom 2-bath units. All separately metered for electricity and all currently on month-to-month leases. Nestled in the prestigious Tahquitz River Estates neighborhood across the street

    Mary Marx Berkshire Hathaway Home Services California Properties

    1595 S Indian Trail, Palm Springs, CA 92264

Why Live in Tahquitz River Estates

Tahquitz River Estates in Palm Springs is a neighborhood known for its diverse array of 20th-century homes, including Spanish-influenced ranch-style homes and bungalows from the 1930s, as well as midcentury modern homes designed by notable architects like Paul Trousdale and Donald Wexler. Home sizes range from 1,500 to 3,500 square feet, with many properties featuring private swimming pools and yards adorned with citrus trees. The neighborhood is on fee land, meaning homeowners own their land outright without paying a land lease. Tahquitz Canyon, located just west of the neighborhood, is a public nature preserve with ancient rock art and a 60-foot waterfall. South of the neighborhood, Moorten Botanical Garden showcases over 3,000 plant species, and the Indian Canyons Golf Resort offers scenic golfing opportunities. The neighborhood is also known for its participation in Palm Springs Modernism Week, which includes home tours and various cultural events. Local dining options include Miro’s Restaurant, Mr. Lyon’s Steakhouse, and Kreem, while small hotels like the Ace Hotel & Swim Club provide additional amenities. Palm Springs High, a highly rated school, serves the area, and the neighborhood is conveniently located near State Route 111, providing access to Downtown Palm Springs and Interstate 10. The crime rate in Tahquitz River Estates is lower than the national average, contributing to its appeal for potential home buyers.

Home Trends in Tahquitz River Estates, CA

Housing Trends

Median Sale Price
$1,107,000
Median Single Family Sale Price
$1,349,500
Median 2 Bedroom Sale Price
$1,067,500
Average Price Per Sq Ft
$617
Number of Homes for Sale
15
Last 12 months Home Sales
51
Months of Supply
3.50
Median List Price
$1,272,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-7%
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