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979 Las Palmas Estates Drive, Palm Springs, CA 92262

$5.50M4bd · 5ba · 3,400 sqft
Lot 17,860 sqft•HOA $134/mo•Single Family Residence•
Active
•209d on market•MLS# PS-26665153

Property Description

Set within the exclusive gated enclave of ONE Las Palmas in coveted Old Las Palmas, this architecturally striking modern compound captures dramatic, up-close views of the San Jacinto mountains and the iconic Dry Falls. This enhanced residence blends mid-century inspiration with contemporary execution, delivering privacy, scale, and a true resort-caliber lifestyle just moments from downtown Palm Springs. Completed and furnished in 2025 and lightly enjoyed as a private retreat, the home offers a rare sense of newness paired with thoughtful upgrades throughout. Walls of glass, soaring ceilings with clerestory windows, and expansive sliding doors create seamless indoor/outdoor living, filling the interiors with natural light while framing the surrounding landscape. Outdoor living is exceptional. A dramatic pool setting is anchored by an expansive cabana complete with lounge, swim-up bar, bath, BBQ island, and outdoor shower designed for entertaining at scale or relaxing in total privacy. At the center of the home, a gourmet kitchen with oversized island, Cambria quartz surfaces, dual dishwashers, and a full Wolf and Sub-Zero appliance suite opens to the living and dining areas, all oriented toward the pool terrace where the lifestyle unfolds. A generous walk-in pantry enhances both function and entertaining capacity. The floor plan offers excellent separation, with a private Primary Suite wing featuring mountain views, direct pool access, spa-like bath, and Lutron-controlled shades, along with a dedicated work area and powder bath. On the opposite side of the residence, two additional ensuites connect to a flexible media or wellness space, while a detached casita provides a true guest retreat. Infrastructure and efficiency are equally impressive, including 30 solar panels paired with two Tesla Powerwall batteries, four-zone HVAC, integrated audio, full security system, EV charging prep, and upgraded construction finishes throughout. Offered TURNKEY FURNISHED and never rented, this is a rare opportunity to own one of the most compelling modern estates in Old Las Palmas - where architecture, privacy, and lifestyle converge at the highest level.

Features & Amenities

Property Details

Subdivision
Old Las Palmas
Land Type
Fee
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Zoned, Central, Fireplace(s), Forced Air
Cooling
Central Air
View
Mountain(s), Panoramic
Flooring
Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byKeller Williams Luxury Homes, Brady Sandahl

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$27,810.99
Principal & Interest
Loan Amount
$4,399,999
Total Interest
$5,611,956
Total Payment Over 30 Years
$10,011,955
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Old Las Palmas

This property is located in Old Las Palmas, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Old Las Palmas Listings

Comparative Market Analysis

Luxury Tier · 5 active · 3 closed

979 Las Palmas Estates Drive, Palm Springs, CA 92262

Old Las Palmas · Palm Springs · Single Family Residence

$5.50M
Luxury Tier
Beds
4
Baths
5
Sqft
3,400
Lot
17,860 sqft
Year
0
$/Sqft
$1618
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 72.5% above the median closed sale of $3,188,000. Price per sqft ($1,618) is a 66% premium to closed comps ($976). Closed comps sold at 93% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $5.50M· $1,618/sqft
Total list price
Closed comps
vs closed median $3.19M
+$2.31M (+72.5%)
Active comps
vs active median $1.55M
+$3.94M (+253.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $570
+$1K (+183.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
623 Chino Canyon RoadPalm Springs1958453,23919,602$941$3.05M1267
567 Flamingo BoulevardPalm Springs2026442,8126,991$409$1.15M13359
1172 Deepak RoadPalm Springs1989443,16210,890$542$1.72M20458
3618 Taylor DrivePalm Springs2022342,8095,662$425$1.20M2657
2100 Sahara RoadPalm Springs2023342,90717,859$535$1.55M18055
Total: 5 · Average3.64.22,985.812,200.8$570.4$1.73M111
Median2,907$1.55M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
357 Camino SurPalm Springs194605/07/2026442,95216,117$3.95M$3.75M$1,2700.954378
246 Vereda NortePalm Springs197705/29/2026443,43315,682$3.30M$3.19M$9290.973873
365 Camino NortePalm Springs193608/19/2026654,07829,621$3.40M$2.98M$7300.882273
Total: 3 · Average4.74.33,487.66720,473.333$3.30M$3.30M$976.333—34.333333333333336
Median3,433$3.19M$3.19M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.