2 months on rocket

500 W Stevens Rd, Palm Springs, CA, 92262

$4,995,000

5 Bedrooms
6 Full Baths, 1 Partial
6,375 SqFt
$784/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage6 spaces
Year Built1991
HeatingForced Air
FireplaceGas, Living Room
ViewMountain(s)
MLS #24452325
Lot Size1.15 Acres
StatusActive

About 500 W Stevens Rd

This lucrative, income-generating short-term rental also offers the ideal opportunity for those looking to customize a remodel on a premier estate. Located on 1.15 acres and framed by sensational mountain vistas, 500 W Stevens offers resort-style living on a gated street-to-street lot in the exclusive Old Las Palmas neighborhood. The property boasts five bedrooms and seven bathrooms across more than 6,300 square feet, each with direct outdoor access to the meticulously manicured grounds. Upon entry into the main foyer, one is greeted into the large open-concept living space paired with numerous sets of double doors that effortlessly connect the indoor and outdoor spaces. Adjacent, find the large kitchen with breakfast bar, dining room with outdoor access, living room bar and office space with custom built-in cabinetry, all directly integrated through a thoughtfully designed layout.The primary suite presents two outdoor access points, a focal fireplace and a generously sized primary bath featuring dual vanities, a large shower, a jetted tub, a dry sauna, and an oversized closet. The additional main house bedrooms, all generously sized and paired with ensuite bathrooms, offer added convenience for family members and guests. Entering outdoors, find a multitude of resort-style amenities, epitomizing premium Palm Springs living. Ample covered terrace space lines the rear exterior of the home designed with an outdoor kitchen, dining space, multiple seating areas, and a separate spaall complemented by the large pool and tennis court with direct driveway access.In addition to the main house and double car garage, the property also features a one-bedroom, one-bathroom guest house with a private kitchen and living area offering supplemental accommodations for guests or staff. 500 W Stevens presents refined living coupled with premium resort-style amenities embodying the authentic Palm Springs lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1991
  • Stories: 1
  • Living Area: 6,375 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Matthew Coffer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Tile
  • Interior: Separate/Formal Dining Room, Dressing Area, Walk-In Closet(s)
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Mountain(s)

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 1.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: N Palm Canyon Drive to W Stevens

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,995,000
  • Price Per SqFt: $784/SqFt

Tax Information:

  • Annual Amount: $50,311
  • 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

500 W Stevens Rd vs Palm Springs

65 DAYS ON ROCKET

-0 Day

$4,995,000

+$4.3M More

$784/SqFt

+$361 More

KEY TAKEAWAY

This property is $4.3M more than the Median Sold Price and $361/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: #24452325

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Matthew Coffer

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: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 11, 2004Home Sold
$3,050,000
Jan 26, 2001Home Sold
$1,875,000
Mar 23, 2000Home Sold
$1,600,000
Jun 01, 1990Home Sold
$780,000

Tax History

YEARPROP. TAXASSESSMENT
2021$50,311$4,068,291
2020$50,310$4,026,577
2018$48,481$3,870,222
2017$39,457$3,165,000

History based on county public records data.

Payment Calculator

$24.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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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-4324306
5
/10
  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-4324307
4
/10
  • Vista Del Monte Elementary School

  • 2744 N Via Miraleste

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-4324308
6
/10
  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 2.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,785. The majority of Palm Springs, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 W Stevens Rd

What is the listing price of this property?

The listing price of 500 W Stevens Rd property is $4,995,000.

What type of property is this?

The property 500 W Stevens Rd is a house located in Palm Springs, California, 92262.

Is this property for sale now?

Active Listing: 500 W Stevens Rd 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 $50,311 (source: MLS/based on county public records data).

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

The last sale was on May 11, 2004 for $3,050,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 W Stevens Rd has 5 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 W Stevens Rd is 6,375 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 W Stevens Rd is 1991.
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Rocket HomesCaliforniaRiverside CountyPalm Springs92262500 W Stevens Rd

This home is located at 500 W Stevens Rd in Palm Springs, CA and zip code 92262 in the Vista Las Palmas neighborhood. This 6,375 square foot home, which was built in 1991, sits on a 1.15 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 13, 2024 and is currently priced at $4,995,000.

In November 2024, from all listings sold in Palm Springs, CA there were more than 9 sold above asking price, over 66 sold below and more than 22 were sold right at the asked price. The number of homes for sale in Palm Springs, CA increased by 12.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $638,138, while the average time on the real estate market was 65 days.

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

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