216 E Palo Verde Avenue, Palm Springs, CA 92264
216 E Palo Verde Avenue, Palm Springs, CA 92264
Property Description
A refined Spanish colonial retreat on one of Downtown Palm Springs' most coveted streets. This stylishly appointed residence in sought after Tahquitz River Estates offers an exceptional blend of timeless desert character and modern resort living. Warm interiors are anchored by a rustic fireplace, wood shutters, and a kitchen overlooking a private front courtyard with mature landscaping and a tranquil water feature. Three well appointed bedrooms, including a primary suite and two guest suites, accommodate guests with ease. The private backyard unfolds as a true outdoor sanctuary sparkling pool, oversized spa, natural gas BBQ, fire pit, and lounge seating set against dramatic mountain vistas. A walk able location to places such as Koffi, Townie Bagels, Indian Canyons hiking, boutique shopping, and the Tahquitz River Trail within easy reach. A favorable short term rental permitting environment adds compelling investment potential to this turnkey furnished Palm Springs retreat. Buyer to verify all STR rules, availability, and permitting requirements with the City of Palm Springs.
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Property Details
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About Tahquitz River Estates
This property is located in Tahquitz River Estates, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Tahquitz River Estates ListingsComparative Market Analysis
Affordable Tier · 3 active · 5 closed
Tahquitz River Estates · Palm Springs · Single Family Residence
Listed 102.0% above the median closed sale of $637,500. Price per sqft ($925) is a 91% premium to closed comps ($485). Closed comps sold at 95% of list — buyers have negotiating leverage.
Price Position
Positioned above the market — commands a premium.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 745 Sunny Dunes Road | Palm Springs | 1951 | 3 | 2 | 1,449 | 10,019 | $662 | $959,000 | 68 | 89 |
| 1653 Sunny Dunes Road | Palm Springs | 1953 | 2 | 2 | 1,518 | 10,890 | $675 | $1.02M | 61 | 85 |
| 1077 Riverside Drive | Palm Springs | 1949 | 3 | 2 | 1,788 | 10,890 | $545 | $974,995 | 179 | 82 |
| Total: 3 · Average | 2.7 | 2.0 | 1,585 | 10,599.667 | $627.333 | $986,331.667 | 102.66666666666667 | |||
| Median | 1,518 | $974,995 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 971 San Lucas Road | Palm Springs | 1950 | 10/08/2026 | 3 | 3 | 1,410 | 10,890 | $1.01M | $888,000 | $630 | 0.88 | 77 | 91 |
| 615 Paseo De Anza | Palm Springs | 1951 | 10/02/2026 | 3 | 2 | 1,294 | 6,534 | $675,000 | $637,500 | $493 | 0.94 | 59 | 79 |
| 504 Laurel Circle | Palm Springs | 1959 | 10/05/2026 | 3 | 2 | 1,225 | 10,019 | $825,000 | $800,000 | $653 | 0.97 | 143 | 76 |
| 2300 Cerritos Road | Palm Springs | 1958 | 09/21/2026 | 3 | 3 | 1,344 | 10,454 | $450,000 | $425,000 | $316 | 0.94 | 34 | 75 |
| 1163 Calle Marcus | Palm Springs | 1947 | 10/02/2026 | 2 | 2 | 1,573 | 9,583 | $524,000 | $524,000 | $333 | 1.00 | 17 | 74 |
| Total: 5 · Average | 2.8 | 2.4 | 1,369.2 | 9,496 | $654,900 | $654,900 | $485 | — | 66 | ||||
| Median | 1,344 | $637,500 | $637,500 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.