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535 E Via Colusa, Palm Springs, CA 92262

List Price: $2,595,000On Market FlagOn market
Nov 22, 20243,554 sqft6 beds7 baths
Listed by: Fatima Nordquist
License #: 01467088
Phone #: 760-564-9927
Beverly Hills Fine Homes
Source:
CRMLS Logo
MLS #: 24463733

Property Description

Price Reduction: Iconic Spanish Colonial Estate in the Movie Colony. Own an extraordinary piece of Palm Springs in the exclusive Movie Colony, a neighborhood renowned for its Hollywood glamour and timeless appeal. This expansive Spanish Colonial Revival estate, set on a private, gated lot, offers unparalleled luxury and seclusion just moments from downtown Palm Springs. Once frequented by legends like Marilyn Monroe, Frank Sinatra, and Cary Grant, this property captures the essence of classic elegance while delivering modern comfort. The estate, built in 1990, is designed for grand living and entertaining, with spacious interiors that flow seamlessly to the outdoors. French doors open to an expansive patio, manicured lawn, and a sparkling pool and spa, all framed by breathtaking views of the San Jacinto Mountains. The six-bedroom layout includes two private casitas, each with a separate entrance, ideal for hosting guests or generating income as short-term rentals. With a vacation rental license ready for reapplication, the property presents a turnkey investment opportunity. Modern upgrades include Wi-Fi-controlled pool equipment, a solar-heated pool, and a cutting-edge solar energy system with 40 panels, all micro inverter, producing approximately 1,433 kWh per month. The updated kitchen features sleek Quartz countertops and high-end finishes, blending style with functionality. Surrounded by vibrant bougainvillea, mature trees, and lush custom landscaping, the estate offers year-round beauty and tranquility. This meticulously maintained home effortlessly combines historic charm with modern luxury, creating an estate that is as timeless as it is inviting. Don't miss this opportunity to own one of Palm Springs' most desirable properties in the prestigious Movie Colony. Schedule a private viewing today!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,094

TurboHome Estimated Value

$2,667,300

$751 sqft

High Valuation
$2,800,665
$788/sqft
Normal Valuation
$2,667,300
$751/sqft
Low Valuation
$2,533,935
$713/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$751/sqft$2,667,300

Neighborhood: Movie Colony

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Comparative Value

$2.60M

$3.63M

535 E Via Colusa, Palm Springs, CA 92262

List Price: $2,595,000

Subject Property

840 N Prescott Dr, Palm Springs, CA 92262

Sale Price: $3,630,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
535 E Via Colusa, Palm Springs, CA 92262

535 E Via Colusa, Palm Springs, CA 92262

List: $2,595,000

Listed: 11/22/2024

Area:3,554 sqft
Price/sqft:$730
Beds:6
Baths:7
Year Built:
Lot Size:15,682

Comparable Properties

COMPARABLE
Choose comps
840 N Prescott Dr, Palm Springs, CA 92262

840 N Prescott Dr, Palm Springs, CA 92262

Sale: $3,630,000

5/27/20250.46 mi

Area:4,867 sqft
Price/sqft:$746
Beds:5
Baths:7
Year Built:
Weight:100.0%

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