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792 E Mesquite Avenue, Palm Springs, CA 92264

$2.25M5bd · 3ba · 3,035 sqft
Lot 9,148 sqft•Single Family Residence•
Active
•31d on market•MLS# 219152505

Property Description

Welcome to this beautifully renovated midcentury home in Tahquitz River Estates, one of South Palm Springs' most desirable neighborhoods. Set on a corner lot with sweeping San Jacinto Mountain views, this five bedroom, three bathroom home combines distinctive architecture, thoughtfully updated interiors and a private backyard designed for enjoying the desert lifestyle. Built in 1952, the home retains its original midcentury character with striking angles and geometric lines. Inside, a spacious open floor plan connects two inviting living areas and a generous dining space. Large windows fill the home with natural light while framing views of the surrounding mountains. The kitchen features custom walnut cabinetry, an oversized quartz island, Sub Zero appliances and designer Italian appliances, providing a beautiful setting for everyday living and entertaining. A permitted attached ADU offers its own bedroom, separate living area and full kitchen. This space can be closed off from the main residence for added privacy, making it an inviting retreat for visiting guests. Views of the backyard and mountains add to its appeal. Additional features throughout the home include whole house air filtration, a reverse osmosis water filtration system and mesh WiFi coverage extending outdoors. Surrounded by lush landscaping, the backyard offers multiple spaces to relax, dine and gather against a dramatic mountain backdrop. An expansive saltwater pool is complemented by a separate tanning and soaking shelf and a generous spa. Spend afternoons lounging by the water, enjoy dinner outside or gather around the fire pit as the mountains give way to starry desert skies. Offered furnished and with no HOA, this home is close to the restaurants, boutiques and art galleries of downtown Palm Springs and Palm Canyon Drive. The nearby Tahquitz Creek Footbridge and Trail and Tahquitz Canyon provide convenient opportunities to explore the natural beauty of South Palm Springs. With a successful short term rental history, this beautifully appointed home presents an exceptional turnkey opportunity for buyers seeking a Palm Springs investment property or a personal desert retreat with income potential.

Features & Amenities

Property Details

Subdivision
Tahquitz River Estates
Land Type
Fee
Year Built
1952
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
0
Heating
Central, Fireplace(s), Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s)
View
Mountain(s)
Flooring
Stone Tile
Roof
Foam
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byeXp Realty Of Southern California Inc, Thomas Jordan·760-851-4158

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,372.17
Principal & Interest
Loan Amount
$1,799,200
Total Interest
$2,294,780
Total Payment Over 30 Years
$4,093,980
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Tahquitz River Estates

This property is located in Tahquitz River Estates, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Tahquitz River Estates Listings

Comparative Market Analysis

Luxury Tier · 5 active · 3 closed

792 E Mesquite Avenue, Palm Springs, CA 92264

Tahquitz River Estates · Palm Springs · Single Family Residence

$2.25M
Luxury Tier
Beds
5
Baths
3
Sqft
3,035
Lot
9,148 sqft
Year
1952
$/Sqft
$741
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 55.1% above the median closed sale of $1,450,000. Price per sqft ($741) is a 20% premium to closed comps ($620). Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 125 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.25M· $741/sqft
Total list price
Closed comps
vs closed median $1.45M
+$799K (+55.1%)
Active comps
vs active median $1.70M
+$554K (+32.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $710
+$31 (+4.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1075 Sunny Dunes RoadPalm Springs1952332,34110,019$662$1.55M1784
154 Ocotillo AvenuePalm Springs2018542,7669,148$831$2.30M20882
456 Sonora RoadPalm Springs2020442,80910,454$854$2.40M5081
218 Ocotillo AvenuePalm Springs1935432,5549,583$664$1.70M4573
263 Morongo RoadPalm Springs1965432,39610,018$540$1.29M12572
Total: 5 · Average4.03.42,573.29,844.4$710.2$1.85M89
Median2,554$1.70M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
830 Riverside DrivePalm Springs195007/15/2026332,38210,454$1.50M$1.40M$5880.937685
1125 Sunny Dunes RoadPalm Springs195107/17/2026432,27710,454$1.50M$1.45M$6370.9721980
248 Palo Verde AvenuePalm Springs200909/04/2026343,31312,197$2.29M$2.10M$6340.927975
Total: 3 · Average3.33.32,657.33311,035$1.65M$1.65M$619.667—124.66666666666667
Median2,382$1.45M$1.45M

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.