12 days on rocket

2040 S Chico Dr, Palm Springs, CA, 92264

$2,895,000

5 Bedrooms
3 Full Baths, 1 Partial
2,994 SqFt
$967/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Other, Side By Side
Attached Garage2 spaces
Year Built1977
HeatingForced Air, Fireplace(s)
FireplaceGas, Living Room, Masonry
ViewMountain(s), Panoramic
Private PoolYes
MLS #219120947DA
Lot Size0.23 Acres
StatusActive

About 2040 S Chico Dr

Discover 2040 S Chico in the exclusive Canyon Palms enclave of South Palm Springs. This Flawless floor-to-ceiling modern remodel on fee-simple land offers breathtaking San Jacinto mountain views from the living room and kitchen, with the backyard opening to Santa Rosa mountain vistas. Step inside to soaring 13-foot ceilings, Italian porcelain tile floors, & striking architectural elements such as a cedar-clad entryway with floating steel beams & black metal accents. The sleek stucco exterior & desert landscaping create an elegant first impression. The designer kitchen features quartzite countertops, a stunning backlit wet bar with 5,000 embedded lights, & a stone backsplash that matches seamlessly with the fireplace. Custom walnut cabinetry, white oak ceilings, & precision craftsmanship elevate every space. Spa-inspired bathrooms include backlit marble niches, double rain showers with Grohe fixtures, floating illuminated benches, & a freestanding tub. The primary suite is a serene retreat with a walk-in closet, spa bathroom, & direct pool access. Four of the five bedrooms feature private outdoor access, including one with its own courtyard. The backyard is perfect for entertaining, with a brand-new pool, pergola, & multiple seating areas. Additional highlights include dramatic clerestory windows, oversized skylights, & a two-car garage with a black glass door, EV charger, & laundry station. This home is a true work of art, meticulously designed to exceed expectations.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1977
  • Stories: 1
  • Living Area: 2,994 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (877) 973-3346
  • Listing Agent: Jonathan Ader

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator, Range Hood
  • Flooring Type: Tile
  • Interior: Beamed Ceilings, Wet Bar, Built-in Features, Separate/Formal Dining Room, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Bar, Wired for Sound, Dressing Area, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Gas, Living Room, Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Panoramic
  • Exterior: Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Other, Side By Side

Virtual/3D Tour

  • 3D Tour: 2040 S Chico Dr
3D Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Landscaped, Level, Paved
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)

Other

Directions Information:

  • Directions: S Chico Dr is off of E Maricopa Dr and S Toledo Ave. Cross Street: E Maricopa Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,895,000
  • Price Per SqFt: $967/SqFt

Tax Information:

  • Annual Amount: $4,157
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$638.1K

Med. Price/SqFt

$423

Avg. Days On Market

65

# of Sold Homes

97

2040 S Chico Dr vs Palm Springs

12 DAYS ON ROCKET

-53 Days

$2,895,000

+$2.2M More

$967/SqFt

+$544 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $544/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: #219120947DA

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (877) 973-3346
  • Listing Agent: Jonathan Ader

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: 12/17/2024, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,157$316,204
2020$4,157$312,963
2018$4,013$300,812
2017$3,843$294,915

History based on county public records data.

Payment Calculator

$14.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,746

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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-4264736
6
/10
  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-4264737
5
/10
  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 2.93 miles

  • Public District Grades KG-5

school-card-donut-4264738
2
/10
  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 3.08 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,939. The most common annual income of people living in Palm Springs, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2040 S Chico Dr

What is the listing price of this property?

The listing price of 2040 S Chico Dr property is $2,895,000.

What type of property is this?

The property 2040 S Chico Dr is a house located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 2040 S Chico Dr 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 $4,157 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2040 S Chico Dr has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 2040 S Chico Dr is 2,994 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2040 S Chico Dr is 1977.
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Rocket HomesCaliforniaRiverside CountyPalm Springs922642040 S Chico Dr

This home is located at 2040 S Chico Dr in Palm Springs, CA and zip code 92264 in the Toledo Sierra neighborhood. This 2,994 square foot home, which was built in 1977, sits on a 0.23 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $2,895,000.

Palm Springs, CA housing market in November 2024 saw over 9 listings sold above listed price, more than 22 sold at listed price and over 66 sold below. The inventory of homes for sale in Palm Springs, CA between October 2024 and November 2024 increased by 12.5%. Listings spent 65 days on the market in November 2024, and had a median list price of $638,138 during the same period.

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

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