547 N Farrell Dr Palm Springs, CA 92262
Oasis del Sol NeighborhoodEstimated payment $5,500/month
Highlights
- In Ground Pool
- RV Access or Parking
- Open Floorplan
- Palm Springs High School Rated A-
- City Lights View
- Midcentury Modern Architecture
About This Home
Play in the sun, profit in style, and park your RV, as this Meiselman has it all! Welcome to your Mid-Century Modern desert dream, where retro cool meets resort-style living just minutes from downtown Palm Springs! Located in a central neighborhood that falls below the city's short-term rental cap, this home is currently eligible for a vacation rental permit (add a city license and meet requirements), making it an ideal choice for investors, weekenders, or sun-seekers looking for fun and flexibility. This iconic 3-bed, 2-bath Meiselman flaunts its signature butterfly roof and sits on an expansive 10,000+ square foot lot. Inside, you'll find an airy, open-concept floor plan drenched in natural light, with stylish updates and mid-mod charm. The oversized kitchen island begs for cocktail parties and late-night laughs, while the showstopping fireplace adds just the right amount of chic to your chill. But let's talk outdoors because this backyard is pure Palm Springs magic. Dive into the sparkling pool, soak in the hot tub, sip fireside cocktails, or kick back under the stars on the lawn. Each bedroom opens to a private patio, turning the whole house into a breezy, indoor-outdoor escape. Bonus points? What if I told you there is off-street parking for up to SEVEN cars? Yup, there is a concrete gated RV pad plus the two-car garage, and tons of driveway parking make room for all your guests and toys! Consider the potential for an ADU if you're feeling extra ambitious, because this lot is HUGE. Whether you're searching for a fabulous full-time residence, a stylish second home, or a rental-ready income property, this one delivers sun, style, and serious opportunity. And with LA just two hours away? Your beach-to-desert lifestyle just got a serious upgrade. Live it. Share it. Rent it. Love it.
Listing Agent
eXp Realty of California Inc License #01995374 Listed on: 07/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,602
Year Built
- Built in 1960 | Remodeled
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 91x118
- East Facing Home
- Fenced Yard
- Gated Home
- Wrought Iron Fence
- Block Wall Fence
- Stucco Fence
- Rectangular Lot
- Corners Of The Lot Have Been Marked
- Back and Front Yard
- Property is zoned R1C
Parking
- 2 Car Garage
- 5 Open Parking Spaces
- Driveway
- RV Access or Parking
Property Views
- City Lights
- Mountain
- Desert
Home Design
- Midcentury Modern Architecture
- Flat Roof Shape
- Slab Foundation
- Wood Siding
- Stucco
Interior Spaces
- 1,360 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Ceiling Fan
- Living Room with Fireplace
- Dining Area
- Tile Flooring
- Laundry in Garage
Kitchen
- Breakfast Bar
- Oven
- Range Hood
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
- Bathtub with Shower
- Shower Only
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- In Ground Pool
- Gunite Pool
- Above Ground Spa
Outdoor Features
- Covered Patio or Porch
- Shed
Additional Features
- City Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 507-372-009
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,602 | $750,000 | $225,001 | $524,999 |
| 2023 | $7,602 | $598,230 | $182,070 | $416,160 |
| 2022 | $7,751 | $586,500 | $178,500 | $408,000 |
| 2021 | $2,015 | $142,454 | $36,056 | $106,398 |
| 2020 | $1,933 | $140,995 | $35,687 | $105,308 |
| 2019 | $1,901 | $138,232 | $34,988 | $103,244 |
| 2018 | $1,867 | $135,515 | $34,299 | $101,216 |
| 2017 | $1,839 | $132,859 | $33,627 | $99,232 |
| 2016 | $1,789 | $130,255 | $32,968 | $97,287 |
| 2015 | $1,704 | $128,301 | $32,474 | $95,827 |
| 2014 | $1,666 | $125,789 | $31,839 | $93,950 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $899,990 | -1.1% | $662 / Sq Ft |
| 07/15/2025 07/15/25 | For Sale | $909,900 | 0.0% | $669 / Sq Ft |
| 07/14/2025 07/14/25 | Off Market | $909,900 | -- | -- |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | Price Changed | $909,900 | -2.2% | $669 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $930,000 | -- | $684 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $750,000 | None Listed On Document | |
| Grant Deed | $750,000 | None Listed On Document | |
| Grant Deed | $650,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Fidelity National Title Co | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $764,500 | Construction | |
| Closed | $764,500 | Construction | |
| Previous Owner | $360,296 | FHA | |
| Previous Owner | $360,296 | FHA | |
| Previous Owner | $355,000 | New Conventional | |
| Previous Owner | $735,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $413,250 | FHA | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $75,000 | Unknown |
Source: The MLS
MLS Number: 25535115
APN: 507-372-009
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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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