new - 5 days on rocket

1394 Colony Way, Palm Springs, CA, 92262

$1,850,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,419 SqFt
$541/SqFt
House

Location

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1394 Colony Way, Palm Springs$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingSide By Side
Attached Garage3 spaces
Year Built2000
HeatingCentral, Forced Air, Fireplace(s)
CoolingCentral Air
FireplaceDining Room, Gas
ViewMountain(s)
Private PoolYes
MLS #219122213PS
Lot Size0.35 Acres
StatusActive

About 1394 Colony Way

This updated 4-bedroom, 4-bath, 3,419 sqft, former model unit is a beautifully designed Mediterranean villa in the private Colony at El Mirador enclave. The estate-style home features soaring ceilings, spacious rooms with archways and columns, and seamless indoor-outdoor living, ideal for the Palm Springs lifestyle. Its meticulous design incorporates sophisticated colors, textures, and finishes throughout with many updates and an owned, 39 panel solar system. The property also offers great views, a private yard, and is in exquisite condition.The community entrance features an impressive gate, while the home's covered entry leads to a manicured front courtyard offering elegance and privacy. A detached casita with an en-suite bath sits here, surrounded by mountain-view outdoor living spaces. Inside, the bold entry and main living areas are both striking and welcoming, with a smooth flow from the living room with a gas fireplace to the dining room, family area, and finally an expansive, chef-style kitchen. A covered back patio spans the home creating multiple spaces for poolside entertaining overlooking a park-like setting with mature landscape and an area of artificial lawn.Designer touches include bold patterns, warm colors, and rich textures. The primary suite features a spa-like bathroom and a large walk-in closet. The main house also includes a second en-suite guest bedroom and a converted fourth bedroom, now a den with built-in shelving and a workspace.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 2000
  • Stories: 1
  • Living Area: 3,419 SqFt

Listing Office:

  • Office Name: Bennion Deville Homes
  • Office Phone: (760) 459-0057
  • Listing Agent: Mark Gutkowski

Interior Features

Interior Information:

  • Flooring Type: Carpet, Stone, Tile
  • Fireplace: Dining Room, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Side By Side

Virtual/3D Tour

  • 3D Tour: 1394 Colony Way
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Lot Features

Lot Information:

  • Lot: Irrigation System, Sprinklers
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From E Paseo el Mirador, turn North onto Via El Mirador that leads to the community gates, gate code box is pretty hard to reach from your car (FYI). Home is just inside the gates to the left, across the street on the corner lot. Cross Street: E Paseo El Mirador.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $541/SqFt

HOA Fees:

  • Amount: $360
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $11,366
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

Med. Sold Price

$641.7K

Med. Price/SqFt

$422

Avg. Days On Market

55

# of Sold Homes

87

1394 Colony Way vs Palm Springs

5 DAYS ON ROCKET

-50 Days

$1,850,000

+$1.2M More

$541/SqFt

+$118 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $118/SqFt more than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219122213PS

Listing Office:

  • Office Name: Bennion Deville Homes
  • Office Phone: (760) 459-0057
  • Listing Agent: Mark Gutkowski

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/11/2025, 7:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 29, 2019Home Sold
$900,000
Apr 10, 2015Home Sold
$870,000
Jun 08, 2001Home Sold
$570,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,366$909,323
2020$11,365$900,000
2018$11,714$918,949
2017$19,091$900,931

History based on county public records data.

Payment Calculator

$9,661

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2021974
5
/10
  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-2021975
4
/10
  • Vista Del Monte Elementary School

  • 2744 N Via Miraleste

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-2021976
6
/10
  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 2.31 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,055. Residents of Palm Springs, CA typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1394 Colony Way

What is the listing price of this property?

The listing price of 1394 Colony Way property is $1,850,000.

What type of property is this?

The property 1394 Colony Way is a house located in Palm Springs, California, 92262.

Is this property for sale now?

Active Listing: 1394 Colony Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,366 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 29, 2019 for $900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1394 Colony Way has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1394 Colony Way is 3,419 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1394 Colony Way is 2000.

Rocket HomesCaliforniaRiverside CountyPalm Springs922621394 Colony Way

This home is located at 1394 Colony Way in Palm Springs, CA and zip code 92262 in the Sunrise Vista Chino neighborhood. This 3,419 square foot home, which was built in 2000, sits on a 0.35 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $1,850,000.

While more than 4 listings in Palm Springs, CA in December 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 66 were sold below. Between November 2024 and December 2024, Palm Springs, CA real estate market has seen increase in the number of listings by 2.7%. The median list price of listings available in December 2024 was $641,700, while the average time on the real estate market was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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