Seller's Agent in 2023
James Gault
Compass
(310) 621-7765
3 in this area
110 Total Sales
328 W Mountain View Place Palm Springs, CA 92262
Old Las Palmas NeighborhoodEstimated Value: $5,768,000 - $8,937,357
7
Beds
9
Baths
13,461
Sq Ft
$545/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Tennis Courts
- Projection Room
- Palm Springs High School Rated A-
- Wine Cellar
- Cabana
About This Home
As of February 2023If ever there was a chance to become a modern part of the storied lineage of Palm Springs, this is it. El Kantara, or "The Bridge," was designed by Santa Monica based architect and six-time Academy Award nominated art director, Leland F. Fuller, AIA. Best known for designing period revival style homes for the Hollywood elite in the 1920s and 30s; Fuller crafted this cornerstone Old Las Palmas estate for Mrs. Frederick Stevens, wife of then president of the American Locomotive company. Just prior to their building the home, the Stevenses stayed at the Samarkand Persian Hotel in Santa Barbara which is believed to have inspired 328 W. Mountain View Place. Since then, the home has passed through many hands that quite literally built Palm Springs into the city it is today, whether physically or culturally. The history here is only outweighed by the architectural prominence. Nearly 14,000 interior square feet are built around a central courtyard with a glass tiled pool and spa with arresting mountain views. Walls of French doors spread throughout the home allow an effortless flow from one spectacular room to the next and easily combine indoor and outdoor spaces to capture the essence of Palm Springs and early California. The main home has five-bedroom suites, two of which are pool suites accessed through the interior courtyard. One of which is a primary suite that's better labeled a wing. The dining room and kitchen have the most splendid carved and painted ceilings, while the kitchen offers full butler's pantry, walk-in pantry, breakfast lounge, and tennis viewing area. Additional spaces include: two offices attached to either side of the master-wing, library, parlor, bar/piano lounge, formal dining, formal breakfast, wine room, safe room, succulent garden, two guest apartments, motor court, basement utility storage, garage workshop and more. The grounds of this outstanding estate are fully drought tolerant and have been crafted for eco efficiency and low maintenance requirements. There is an outstanding opportunity to make this estate a family compound, corporate retreat, or super high-earning vacation rental as home is sold turn-key furnished. **Please see video tour**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $89,571
Year Built
- Built in 1927
Lot Details
- 1.43 Acre Lot
- South Facing Home
- Fenced Yard
- Gated Home
- Stucco Fence
- Drip System Landscaping
- Sprinklers Throughout Yard
- Back and Front Yard
- Historic Home
- Property is zoned R1A
Parking
- 4 Car Detached Garage
- 5 Open Parking Spaces
- Garage Apartment
- Porte-Cochere
- Circular Driveway
- Auto Driveway Gate
- Guest Parking
Property Views
- Mountain
- Pool
- Courtyard
Home Design
- Hacienda Architecture
- Clay Roof
- Foam Roof
- Stucco
Interior Spaces
- 13,461 Sq Ft Home
- 1-Story Property
- Wet Bar
- Furnished
- Built-In Features
- Bar
- Cathedral Ceiling
- Skylights
- Gas Fireplace
- Plantation Shutters
- Custom Window Coverings
- Double Door Entry
- French Doors
- Wine Cellar
- Family Room
- Living Room
- Dining Room with Fireplace
- 5 Fireplaces
- Formal Dining Room
- Projection Room
- Home Theater
- Home Office
- Library
- Workshop
- Sauna
- Basement
Kitchen
- Gourmet Galley Kitchen
- Breakfast Room
- Breakfast Bar
- Walk-In Pantry
- <<convectionOvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Clay
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Retreat
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Studio bedroom
- Walk-In Closet
- Dressing Area
- Powder Room
- Maid or Guest Quarters
- In-Law or Guest Suite
- Double Vanity
- Bidet
- <<tubWithShowerToken>>
- Steam Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Cabana
- Filtered Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Pool Tile
Outdoor Features
- Tennis Courts
- Enclosed patio or porch
- Shed
- Outdoor Grill
Utilities
- Forced Air Zoned Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Additional Features
- Solar Power System
- Detached Guest House
- Ground Level Unit
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 505-274-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2022
Closed on
Feb 21, 2023
Sold by
Dennis N Walsh Revocable Trust
Bought by
Elmer Russell S and Yates Randall W
Seller's Agent
James Gault
Compass
Buyer's Agent
PAUL MARCELINO
Estate Properties
List Price
$11,750,000
Sold Price
$7,700,000
Premium/Discount to List
-$4,050,000
-34.47%
Views
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$362,214
Avg. Annual Appreciation
-0.25%
Original Mortgage
$3,000,000
Outstanding Balance
$2,925,307
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$4,729,165
Purchase Details
Closed on
Mar 13, 2020
Sold by
Autry Jacqueline Elam
Bought by
Walsh Dennis N
Purchase Details
Closed on
Aug 10, 1999
Sold by
Autry Jacqueline Ellam
Bought by
Autry Jacqueline Ellam
Purchase Details
Closed on
Aug 26, 1997
Sold by
Autry Orvon Gene
Bought by
Autry Jacqueline Ellam
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elmer Russell S | $7,700,000 | First American Title | |
| Walsh Dennis N | $7,000,000 | First American Title Blackfo | |
| Autry Jacqueline Ellam | -- | -- | |
| Autry Jacqueline Ellam | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elmer Russell S | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2023 02/22/23 | Sold | $7,700,000 | -21.0% | $572 / Sq Ft |
| 01/31/2023 01/31/23 | Pending | -- | -- | -- |
| 01/25/2023 01/25/23 | Price Changed | $9,750,000 | -17.0% | $724 / Sq Ft |
| 02/01/2022 02/01/22 | For Sale | $11,750,000 | -- | $873 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $89,571 | $6,832,659 | $2,102,356 | $4,730,303 |
| 2022 | $86,773 | $6,698,686 | $2,061,134 | $4,637,552 |
| 2021 | $84,973 | $6,567,340 | $2,020,720 | $4,546,620 |
| 2020 | $34,657 | $2,774,073 | $584,006 | $2,190,067 |
| 2019 | $34,046 | $2,719,680 | $572,555 | $2,147,125 |
| 2018 | $33,396 | $2,666,354 | $561,329 | $2,105,025 |
| 2017 | $32,898 | $2,614,073 | $550,323 | $2,063,750 |
| 2016 | $31,913 | $2,562,818 | $539,533 | $2,023,285 |
| 2015 | $30,711 | $2,524,325 | $531,430 | $1,992,895 |
| 2014 | $30,439 | $2,474,879 | $521,021 | $1,953,858 |
Source: Public Records
Agents Affiliated with this Home
-
James Gault
-
PAUL MARCELINO
Buyer's Agent in 2023
PAUL MARCELINO
Estate Properties
(310) 871-9343
1 in this area
18 Total Sales
Map
Source: The MLS
MLS Number: 22-115181
APN: 505-274-003
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