$4,250,000
$749K PRICE DROP

Estimated payment $25,104/month

Total Views 6,699
4 Beds
5.5 Baths
5,410 Sq Ft
$786 Price per Sq Ft

Highlights

  • Home Theater
  • In Ground Pool
  • Contemporary Architecture
  • Palm Springs High School Rated A-
  • Mountain View
  • Family Room with Fireplace

About This Home

This home is located at 500 W Crescent Dr, Palm Springs, CA 92262 and is currently priced at $4,250,000, approximately $785 per square foot. This property was built in 1974. 500 W Crescent Dr is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Listing Agent

Don Johnston

Sotheby's International Realty License #01868263 Listed on: 02/10/2025

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,350

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 145x154
  • Block Wall Fence
  • Corner Lot
  • Sprinkler System
  • Property is zoned R1A

Parking

  • 2 Car Attached Garage
  • 5 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 5,410 Sq Ft Home
  • 1-Story Property
  • Bar
  • High Ceiling
  • Gas Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Dining Area
  • Home Theater
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Shower
  • Steam Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Fire Pit

Utilities

  • Zoned Heating and Cooling
  • Property is located within a water district
  • Multi-Tank Hot Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 505-291-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,350

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 5650
  • Entry Location: Living Room
  • Living Area: 5410
  • Lot Acreage: 0.5300
  • Lot Dimensions: 145x154
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1974
  • Builders Tract Name: Old Las Palmas
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Great Room, Gas, Fire Pit, Family Room, Primary Bedroom
  • Flooring: Carpet, Stone Tile
  • Appliances: Built-In Gas, Cooktop - Gas, Double Oven
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: 2 Primary Bedrooms, Main Floor Primary Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Linen Closet, Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Breakfast Area, Dining Area, Kitchen Island
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 785.58

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block
  • Pool Description: Heated with Gas, In Ground
  • Pool: Yes
  • Roof: Flat, Foam
  • Spa: In Ground, Heated with Gas
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Parking Garage: Attached, Covered Parking
  • Total Parking: 7

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Multi-Tank
  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central
  • Security: Prewired for alarm system, Smoke Detector
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 505-291-004
  • Lot Location: Corner Lot
  • Lot Size Area: 23087

Rental Info

  • Land Lease Type: Fee

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $23,350 $1,936,218 $484,048 $1,452,170
2023 $23,350 $1,861,034 $465,252 $1,395,782
2022 $23,829 $1,824,544 $456,130 $1,368,414
2021 $23,339 $1,788,770 $447,187 $1,341,583
2020 $22,271 $1,770,429 $442,602 $1,327,827
2019 $21,881 $1,735,716 $433,924 $1,301,792
2018 $21,465 $1,701,683 $425,417 $1,276,266
2017 $21,147 $1,668,318 $417,076 $1,251,242
2016 $20,517 $1,635,607 $408,899 $1,226,708
2015 $19,739 $1,611,041 $402,758 $1,208,283
2014 $19,557 $1,579,484 $394,869 $1,184,615
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $4,250,000 -5.5% $786 / Sq Ft
04/12/2025 04/12/25 Price Changed $4,499,000 -10.0% $832 / Sq Ft
02/10/2025 02/10/25 For Sale $4,999,000 -- $924 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Grant Deed $1,500,000 First American Title Company
Grant Deed -- Accommodation
Grant Deed $1,250,000 Lawyers Title Company
Grant Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- First American Title Company
Personal Reps Deed $2,050,000 Equity Title Company
Interfamily Deed Transfer -- --
Grant Deed $920,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 Credit Line Revolving
Open $1,945,000 New Conventional
Closed $1,495,000 Adjustable Rate Mortgage/ARM
Closed $990,700 New Conventional
Closed $990,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $2,362,500 Unknown
Previous Owner $2,347,000 Negative Amortization
Previous Owner $250,000 Unknown
Previous Owner $1,979,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,500,000 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25496657

The MLS

APN: 505-291-004