
740 N Prescott Drive, Palm Springs, CA 92262
740 N Prescott Drive, Palm Springs, CA 92262
Property Description
One of the rare newer custom residences completed in 2017 within one of Palm Springs' oldest and most storied neighborhoods, 740 N Prescott is an exuberant architectural statement balancing grandeur with warmth. Created through a deliberate collaboration between visionary clients and renowned architect Narendra Patel of Patel Architecture, Inc., this extraordinary estate showcases indigenous materials, natural light, and thoughtful modern design. The defining feature is its dramatic floating roof, a soaring canopy crafted from clear Douglas fir that appears to hover above the residence, framing breathtaking views of Mt. San Jacinto. Sculptural, tectonic-inspired forms conceal lighting and mechanical systems, preserving the home's clean architectural lines. Inside, refined materials and impeccable craftsmanship abound, including Jura fossilized limestone flooring, hardwood floors, Venetian plaster walls, 9-foot solid wood doors, and a sleek gas fireplace. The custom Italian Valcucine kitchen from Milan features recycled wood cabinetry, Miele appliances, dual dishwashers, dual wine refrigerators, a steam oven, built-in coffee system, walk-in pantry, and water softener. Designed for seamless indoor-outdoor living, automated windows and motorized blinds open to the pool deck and saltwater pool. The iconic sunken onyx Sinatra Bar, complete with a private powder room, adds a dramatic entertaining space. The primary suite offers dual vanities, a soaking tub, sunken shower, and limestone flooring. Three additional guest suites feature bespoke finishes, including onyx and Italian sinks, walk-in closets, automated blinds, and designer-tiled baths. A separate 383-square-foot casita provides exceptional flexibility with a full kitchenette, marble counters, dual-vanity bath, and tile shower. Additional features include three HVAC systems, a garage mini-split, fire sprinkler system, service entry, smart home integration, marble laundry room, six-camera security system, and spacious three-car garage.
Features & Amenities
Property Details
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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 ListingsComparative Market Analysis
Luxury Tier · 5 active · 3 closed
Old Las Palmas · Palm Springs · Single Family Residence
Listed 112.3% above the median closed sale of $3,250,000. Price per sqft ($1,524) is a 85% premium to closed comps ($825). Closed comps sold at 89% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3172 Bogert Trail | Palm Springs | 2024 | 4 | 6 | 4,236 | 25,700 | $496 | $2.10M | 6 | 70 |
| 3150 Cody Court | Palm Springs | 2013 | 3 | 4 | 3,804 | 23,086 | $915 | $3.48M | 3 | 64 |
| 520 Via Lola | Palm Springs | 1954 | 4 | 5 | 4,581 | 13,068 | $1,047 | $4.79M | 153 | 63 |
| 1650 Avenida Sevilla | Palm Springs | 2007 | 5 | 6 | 4,830 | 30,928 | $932 | $4.50M | 53 | 62 |
| 835 Avenida Palmas | Palm Springs | 1961 | 3 | 5 | 4,673 | 30,928 | $919 | $4.29M | 11 | 57 |
| Total: 5 · Average | 3.8 | 5.2 | 4,424.8 | 24,742 | $861.8 | $3.83M | 45.2 | |||
| Median | 4,581 | $4.29M | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1184 Camino Mirasol | Palm Springs | 1934 | 06/16/2026 | 5 | 6 | 4,341 | 31,799 | $4.88M | $4.55M | $1,048 | 0.93 | 109 | 81 |
| 365 Camino Norte | Palm Springs | 1936 | 08/19/2026 | 6 | 5 | 4,078 | 29,621 | $3.40M | $2.98M | $730 | 0.88 | 22 | 79 |
| 443 Merito Place | Palm Springs | 1952 | 08/14/2026 | 4 | 7 | 4,671 | 23,087 | $3.79M | $3.25M | $696 | 0.86 | 155 | 76 |
| Total: 3 · Average | 5.0 | 6.0 | 4,363.333 | 28,169 | $3.59M | $3.59M | $824.667 | — | 95.33333333333333 | ||||
| Median | 4,341 | $3.25M | $3.25M | ||||||||||
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.