NOT LISTED FOR SALE

Estimated Value: $4,013,000 - $4,538,000

5 Beds
4.5 Baths
3,324 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $4,250,000 $1,279 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $26,268/month

45 Days on Market

Highlights

  • Attached Guest House
  • Cabana
  • Gourmet Kitchen
  • Palm Springs High School Rated A-
  • New Construction
  • Custom Home

About This Home

As of February 2024

Incredible Opportunity to own a virtually BRAND-NEW home at ONE Las Palmas in the very heart of Palm Springs near downtown in a gated community ready for immediate occupancy. Awe-inspiring unobstructed forever CLOSE UP MOUNTAIN VIEWS from inside and out of this Contemporary/Modern light and open Main Residence with 14' ceilings and 35' multi-slide in the Great room with wall of stone surround the fireplace and huge built-in display shelves for art and mementos. Expansive kitchen with oversized triangulated kitchen island, Subzero -Wolf appliances, abundant cabinetry, wine storage and bar. The Primary suite had full views and features an exquisite bathroom with two-person shower, separate tub and walk in closet with cabinets. Two more suites in the main house plus powder bathroom and laundry. Separate poolside south facing Casita with two rooms plus one bathroom currently used as an office and Gym giving this home the potential to be 5 bedrooms. Entertain in style or relax in the amazing private outdoor area with its perfect pool with two tanning shelves, oversized spa and 55' wide structural steel freestanding covered patio, full BBQ/Bar cooking area and outdoor shower. Lovely desert landscaping. More appointments include beautiful music from your inside and out audio system, 48''x48'' Porcelain floors, quartz counters, upgraded security and much more. ONE Las Palmas is an exclusive community of just 20 homes by Brian Foster Designs.

Last Agent to Sell the Property

Scott Lyle

Compass License #00700215 Listed on: 12/17/2023

Compass

Last Buyer's Agent

Michael Larson

BHGRE I Leaskou Partners License #01416326

BHGRE I Leaskou Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,416

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.35 Acre Lot
  • Property fronts a private road
  • Southwest Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Private Lot
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 3,324 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Heatilator
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Dining Area
  • Storage
  • Tile Flooring
  • Mountain Views

Kitchen

  • Gourmet Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Low Flow Toliet
  • Double Shower
  • Shower Only in Secondary Bathroom
  • Marble Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • On-Street Parking

Eco-Friendly Details

  • Green Features
  • Green Roof
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat
  • Solar owned by seller

Pool

  • Cabana
  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Outdoor Shower
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Fireplace in Patio
  • Concrete Porch or Patio
  • Gazebo
  • Built-In Barbecue

Schools

  • Palm Springs High School

Utilities

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

Additional Features

  • Attached Guest House
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 510370008

Community Details

Overview

  • Built by ONE Las Palmas LLC
  • Old Las Palmas Subdivision

Amenities

  • Community Mailbox

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,416

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces South, Leisure Faces West
  • Levels: Ground
  • Builder Name: ONE Las Palmas LLC
  • Building Number Of Stories: 1
  • Building Style: Contemporary, Modern
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 1292.12
  • Lp Sp Ratio: 0.9900
  • View Type: Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 2023
  • Co Selling Member Address: 200 N Sunrise Way, Suite B, Palm Springs, CA 92262
  • Co Selling Office Address: 200 N Sunrise Way Suite B, Palm Springs, CA 92262
  • Co Selling Office Fax: (760) 646-8885
  • Listing I D: 219105533
  • Listing Member Address: 830 N Palm Canyon, Palm Springs, CA 92262
  • Listing Office Address: 830 N Palm Canyon Suite 2, Palm Springs, CA 92262
  • Listing Office Fax: (760) 820-2629
  • Selling Member Address: 200 N Sunrise Way, Suite B, Palm Springs, CA 92262
  • Selling Office Address: 200 N Sunrise Way Suite B, Palm Springs, CA 92262
  • Selling Office Fax: (760) 646-8885
  • Land Type: Fee
  • New Construction: Yes
  • Subdivision: Old Las Palmas
  • Special Features: NewHome

Interior Features

  • Appliances: Bar Ice Maker, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Cooktop, Gas Dryer Hookup, Gas Range, Gas/Elec Dryer Hookup, Microwave Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room, Patio
  • Interior Amenities: Built-In Features, Hi-Speed Data Wiring, High Ceilings (9 Ft+), Open Floorplan, Recessed Lighting, Storage, Surround Sound Wired, Wet Bar
  • Range Hood: Yes
  • Fireplace Features: Electric, Gas, Heatilator
  • Flooring: Tile
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: Double Shower, Double Vanity(s), Linen Closet, Low Flow Shower(s), Low Flow Toilet(s), Marble Shower, Powder Room, Shower Stall, Under Vanity Lighting
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Island, Pantry, Quartz Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 3324.00
  • Windows Treatments: Custom Window Covering, Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Custom Built, Slab, Solar System Owned
  • Other Structures: Cabana, Gazebo, Guest House Attached, Outside Shower
  • Roofing: Composition, Flat
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Gunite, Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Garage Door Opener, On Street
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage
  • Cooling Type: Air Conditioning, Central Air, Dual, Zoned
  • Heating: Forced Air, Heat Pump, Zoned
  • Heating Fuel: Natural Gas
  • Security: Automatic Gate, Card/Code Access, Fire Alarm, Fire Sprinkler System, Gated Community, Prewired For Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Hot Water Circulator, Tankless

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 196.80
  • Total Monthly Association Fees: 197.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 510370008
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.3500
  • Lot Description: Automatic Gate, Curbs, Landscaped, Level, Private, Single Lot, Storm Drains, Utilities Underground
  • Lot Location: Private Road
  • Lot Size: 15139.00

Green Features

  • Green Energy Efficient: Doors, HVAC, Insulation, Roof, Thermostat, Water Heater, Windows
  • Green Features: Yes

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • High School: Palm Springs
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2023
Closed on
Jan 29, 2024
Sold by
Neiderman Revocable Inter Vivos Trust
Bought by
Cohen Bruce E Living Trust and Cohen
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
Michael Larson
BHGRE I Leaskou Partners
List Price
$4,295,000
Sold Price
$4,250,000
Premium/Discount to List
-$45,000
-1.05%
Views
12
Current Estimated Value
$4,172,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,760
Avg. Annual Appreciation
-1.09%

Purchase Details

Closed on
Jun 20, 2023
Sold by
One Las Palmas Llc
Bought by
Neiderman Revocable Inter Vivos Trust and Neiderman

Purchase Details

Closed on
Mar 2, 2022
Sold by
Tripalmsview Properties Llc
Bought by
One Las Palmas Llc

Purchase Details

Closed on
Jul 1, 2010
Sold by
Luther Burbank Savings
Bought by
Tripalmsview Properties Llc

Purchase Details

Closed on
Mar 2, 2010
Sold by
Calise Development Llc
Bought by
Luther Burbank Savings

Purchase Details

Closed on
Nov 14, 2006
Sold by
Beegle Cassy
Bought by
Calise Development Llc

Purchase Details

Closed on
May 18, 2006
Sold by
Calise Valari
Bought by
Calise Development Llc
Source: Public Records

Range of Values:

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Average Value
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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
Cohen Bruce E Living Trust $4,250,000 Fidelity National Title Compan
Neiderman Revocable Inter Vivos Trust $3,919,000 Fidelity National Title
One Las Palmas Llc $2,000,000 None Listed On Document
Tripalmsview Properties Llc -- None Available
Luther Burbank Savings $3,868,800 Accommodation
Calise Development Llc -- Stewart Title Riverside
Calise Development Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2024 02/06/24 Sold $4,250,000 -1.0% $1,279 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/17/2023 12/17/23 For Sale $4,295,000 -- $1,292 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $47,416 $4,335,000 $1,351,500 $2,983,500
2023 $12,899 $1,020,000 $1,020,000 $0
2022 $3,167 $245,071 $245,071 $0
2021 $3,101 $240,266 $240,266 $0
2020 $2,957 $237,803 $237,803 $0
2019 $2,905 $233,141 $233,141 $0
2018 $2,849 $228,570 $228,570 $0
2017 $2,806 $224,089 $224,089 $0
2016 $2,722 $219,696 $219,696 $0
2015 $2,621 $216,397 $216,397 $0
2014 $2,599 $212,159 $212,159 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219105533

Greater Palm Springs Multiple Listing Service

APN: 505-370-008