NOT LISTED FOR SALE

1323 S Driftwood Dr Palm Springs, CA 92264

Deepwell Estates Neighborhood

Estimated Value: $2,012,000 - $3,006,340

5 Beds
5.5 Baths
4,449 Sq Ft
$565/Sq Ft Est. Value

Last Sold April 17, 2017

Last sale price $3,400,000 $764 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $14,311/month

14 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Gourmet Kitchen
  • Palm Springs High School Rated A-
  • Heated In Ground Pool
  • Panoramic View

About This Home

As of April 2017

Hollywood, Architecture, Provenance--a rare jewel in Palm Springs! A true Mid-century recently brought back to life in an extraordinary way. Designed by renowned Modernist architect, John Porter Clark, this once was the home of Hollywood Legends like William Holden and Stephanie Powers, Audrey Hepburn and Tippi Hedren. This iconic home is the perfect combination of clean lines and modern comfort which fully embraces the nearly one acre grounds. Returned to its original footprint, it preserves the post and beam construction with tongue and grove ceilings while infusing the interior with a sense of modern style and luxury conveniences. Custom marble stone-work throughout and pivoting walls of glass make for a seamless transition to the expansive pool/spa area with incomparable views of the San Jacinto Mountains. The ultimate masterpiece for the most discerning buyer to capture the classic Palm Springs lifestyle. Upgrades too numerous to list individually...A ONE OF A KIND ESTATE!

Last Agent to Sell the Property

Bob Crebo

Bennion Deville Homes License #01463200 Listed on: 02/20/2017

Co-Listed By

Kathryn Tomasino

Bennion Deville Homes License #01762787

Last Buyer's Agent

Laurie Ridgeway

HomeSmart License #01394645

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,413

Year Built

  • Built in 1956

Lot Details

  • 0.97 Acre Lot
  • East Facing Home
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Premium Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn
  • Back Yard

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 4,449 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Free Standing Fireplace
  • Decorative Fireplace
  • Raised Hearth
  • See Through Fireplace
  • Gas Log Fireplace
  • Marble Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Custom Window Coverings
  • Blinds
  • Formal Entry
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Marble Flooring

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Breakfast Area or Nook
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Marble Bathroom Countertops
  • Double Vanity
  • Double Shower
  • Marble Shower

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Security Lights
  • Intercom
  • Smart Home
  • Closed Circuit Camera

Parking

  • 2 Car Detached Garage
  • 2 Attached Carport Spaces
  • Side by Side Parking
  • Driveway
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Stone Porch or Patio
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Cahuilla Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Overhead Utilities
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Guest House
  • Ground Level

Community Details

  • Deepwell Subdivision
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 508402005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,413

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builders Tract Code: Deepwell
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Location: Ground Level - No Steps, Foyer
  • Included In Sale: washer/dryer, built-in expresso bar, electric/convection ovens, microwave, dishwasher, gas cook top/hood, refrigerator, freezer, built in wine refrigerator, built in electronics
  • List Price per Sq Ft: 831.65
  • Lp Sp Ratio: 0.9189
  • View Type: Mountain(s), Pool, Panoramic
  • Water District Name: Desert Water Agency
  • Year Built: 1956
  • Co Listing Member Address: 2465 E Palm Canyon Dr Ste 605, P S South, Palm Springs, CA 92264
  • Co Listing Office Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 327-3991
  • Listing I D: 217003970
  • Listing Member Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs, CA 92262
  • Listing Member Fax: (760) 406-6017
  • Listing Office Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs South Office, Palm Springs, CA 92262
  • Listing Office Fax: (760) 327-3991
  • Selling Member Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Selling Office Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs South Office, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Deepwell
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Convection Oven, Self Cleaning Oven, Electric Oven, Exhaust Fan, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Freezer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Living Room, Great Room
  • Interior Amenities: Beamed Ceilings, Surround Sound Wired, Open Floorplan, Intercom, High Ceilings (9 Ft+), Home Automation System, Built-In Features
  • Range Hood: Yes
  • Fireplace Features: Decorative, Gas Log, Marble, See Through, Raised Hearth, Free Standing
  • Flooring: Marble
  • Bedroom Features: Primary Retreat, Walk In Closet, Primary Suite
  • Total Bedrooms: 5
  • Bathroom Features: 2 Primary Baths, Marble Counters, Under Vanity Lighting, Remodeled, Powder Room, Marble Shower, Linen Closet, Double Vanity(s), Double Shower
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Three Quarter Bathrooms: 5
  • Eating Areas: Breakfast Nook, Kitchen Island, Dining Area
  • Kitchen Features: Gourmet Kitchen, Remodeled, Island
  • Laundry: In Kitchen
  • Estimated Sq Ft: 4449.00
  • Windows Treatments: Custom Window Covering, Blinds, Low Emissivity Windows, Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Premium Lot, Service Entrance
  • Other Structures: Guest House/Casita
  • Roofing: Foam, Flat
  • Built-in BBQ: Gas
  • Fencing: Block, Stucco Wall
  • Foundation: Slab
  • Patio: Rock - Stone
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Salt Water
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated, Private, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Attached Carport, Driveway, Side By Side, Guest
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, Spa, In Laundry
  • Cooling Type: Air Conditioning, Zoned, Heat Pump, Central Air
  • Heating: Central, Zoned, Heat Pump, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Closed Circuit Camera(s), Exterior Security Lights
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Assessor Parcel Number: 508402005
  • Lot Acres: 0.9700
  • Lot Description: 2 - 4 Lots, Utilities Underground, Utilities - Overhead, Street Public, Street Paved, Level, Landscaped, Lawn, Fenced, Back Yard
  • Lot Size: 42253.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Cahuilla
  • High School: Palm Springs
  • Junior Middle School: Raymond Cree
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2017
Closed on
Mar 9, 2017
Sold by
Vargas Rodrigo
Bought by
Garrison Mark A and Garrison Jane
Seller's Agent
Bob Crebo
Bennion Deville Homes
Buyer's Agent
Laurie Ridgeway
HomeSmart
List Price
$3,700,000
Sold Price
$3,400,000
Premium/Discount to List
-$300,000
-8.11%
Current Estimated Value
$2,514,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$885,887
Avg. Annual Appreciation
-2.87%
Original Mortgage
$1,400,000
Interest Rate
3.86%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 2014
Sold by
Masion 617 Llc
Bought by
Vargas Rodrigo

Purchase Details

Closed on
Jul 14, 2011
Sold by
The Acme Springbrook Trust
Bought by
Mansion 617 Llc

Purchase Details

Closed on
Mar 3, 2007
Sold by
Jackson Linda Wang and Jackson David F
Bought by
The Acme Springbok Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
The Acme Springbok Trust
Bought by
Jackson David F and Jackson Linda Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2003
Sold by
Jackson David F and Jackson Linda Wang
Bought by
Jackson David F and Jackson Linda Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 18, 2003
Sold by
Acme1323 Trust
Bought by
Jackson David F and Jackson Linda Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 23, 1999
Sold by
Reid Steven B and Reid Janet M
Bought by
Jackson David F and Jackson Linda Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 16, 1996
Sold by
Barrenchea Luis and Barrenechea Luis
Bought by
Reid Steven B and Reid Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garrison Mark A $3,400,000 North American Title Company
Vargas Rodrigo -- None Available
Mansion 617 Llc $1,349,000 Lawyers Title
The Acme Springbok Trust -- North American Title
Jackson David F -- North American Title
Jackson David F -- --
Jackson David F -- Southland
Jackson David F $750,000 --
Reid Steven B $328,181 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrison Mark A $1,500,000
Closed Garrison Mark A $1,400,000
Previous Owner Jackson David F $845,000
Previous Owner Jackson David F $600,000
Previous Owner Jackson David F $550,000
Previous Owner Reid Steven B $465,000
Previous Owner Reid Steven B $54,758
Previous Owner Reid Steven B $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2017 04/17/17 Sold $3,400,000 -8.1% $764 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $3,700,000 -- $832 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,413 $1,021,359 $250,000 $771,359
2023 $12,413 $1,000,922 $250,000 $750,922
2022 $14,600 $1,109,850 $250,000 $859,850
2021 $14,324 $1,089,809 $250,000 $839,809
2020 $12,454 $980,574 $235,000 $745,574
2019 $12,007 $3,537,360 $936,360 $2,601,000
2018 $43,470 $3,468,000 $918,000 $2,550,000
2017 $18,539 $1,459,965 $437,231 $1,022,734
2016 $17,988 $1,431,339 $428,658 $1,002,681
2015 $17,303 $1,409,841 $422,220 $987,621
2014 $17,141 $1,382,226 $413,950 $968,276
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bob Crebo

    Bennion Deville Homes

  • K

    Seller Co-Listing Agent in 2017

    Kathryn Tomasino

    Bennion Deville Homes

  • Laurie Ridgeway

    Buyer's Agent in 2017

    Laurie Ridgeway

    HomeSmart

    (760) 272-6142

    35 Total Sales

    Laurie Ridgeway
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Map

Source: California Desert Association of REALTORS®

MLS Number: 217003970

California Desert Association of REALTORS®

APN: 508-402-005

California Riverside County Palm Springs 92264 Deepwell Estates

1323 S Driftwood Dr, Palm Springs, CA

This home is located at 1323 S Driftwood Dr, Palm Springs, CA 92264 since 20 February 2017 and is currently estimated at $2,514,113, approximately $565 per square foot. This property was built in 1956. 1323 S Driftwood Dr is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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