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El Mirador

El Mirador

El Mirador is a historic and picturesque neighborhood in Palm Springs, celebrated for its old-world charm, architectural elegance, and central location. Situated near the heart of the city, this neighborhood takes its name from the iconic El Mirador Hotel, a glamorous desert retreat built in the 1920s that attracted Hollywood stars and international visitors. Although the original hotel structure no longer stands, the legacy of its grandeur lives on in the surrounding community. The homes in El Mirador reflect a rich architectural heritage, with styles ranging from Spanish Revival to Mid-Century Modern and contemporary designs. Many residences feature classic details such as red tile roofs, arched doorways, and stucco exteriors, blending seamlessly with the lush desert landscaping and mature palm trees that line the streets. Larger estate homes and charming bungalows offer a mix of luxury and intimacy, catering to a wide range of lifestyles. El Mirador’s central location makes it one of the most convenient neighborhoods in Palm Springs. Residents are within walking or biking distance to downtown, where they can enjoy the city’s renowned dining, shopping, and cultural attractions. Nearby landmarks include Ruth Hardy Park, with its tennis courts, open green spaces, and playgrounds, and the Palm Springs Convention Center, which hosts events and gatherings throughout the year. The neighborhood’s tranquil setting, combined with its rich history and architectural diversity, has made it a favorite among full-time residents, vacation homeowners, and those seeking an authentic Palm Springs experience. El Mirador offers a harmonious blend of historic charm and modern convenience, embodying the timeless allure of desert living. Whether drawn by its storied past, convenient location, or unique homes, El Mirador continues to captivate those looking for a vibrant and elegant lifestyle in Palm Springs.

Palm Springs Real Estate

Palm Springs combines iconic architectural heritage with vibrant modern living, making it a standout destination for buyers, sellers, and investors alike. Renowned for its mid-century modern homes and luxurious estates, the city offers something for every taste, from design-forward residences to upscale desert retreats. Adding to its allure is the breathtaking backdrop of the San Jacinto Mountains, providing stunning views and a serene ambiance that enhances the appeal of life in this desert oasis. One of Palm Springs' key advantages is its close proximity to a bustling downtown area filled with boutique shopping, gourmet dining, and cultural attractions. Residents can enjoy the convenience of world-class amenities just minutes from their doorstep, making it an ideal choice for those seeking a balance of relaxation and activity. Buyers should consider the unique dynamics of land ownership in Palm Springs, where many properties are on land leases rather than fee land. This distinction can significantly influence long-term value and monthly costs. Properties on fee land, where the land is owned outright, often hold greater appeal for those seeking enduring value. Understanding this critical detail is essential when purchasing a home in the area. Palm Springs’ housing options range from single-family homes to condominiums, many situated within gated communities or offering access to exclusive clubs. The city is also known for its strong demand, making it a promising market for sellers looking to capitalize on its architectural charm and lifestyle appeal. Additionally, investors may find lucrative opportunities in short-term vacation rentals, with Palm Springs consistently attracting visitors year-round for its festivals, events, and natural beauty. Important considerations for buyers and sellers include property taxes, potential Mello-Roos assessments, and energy costs, with Southern California Edison as the primary electricity provider. Whether you’re drawn to the vibrant downtown scene, the scenic mountain views, or the city’s rich architectural legacy, Palm Springs offers a unique and dynamic real estate market perfect for buying, selling, or investing.

Q4 2024 Quarterly Analysis for Palm Springs

Expired vs. Closed Listings - Palm Springs North End
Comparison of closed and expired listings for Palm Springs North End
Closed Vs. Expired Listings
Expired vs. Closed Listings - Palm Springs Central
Comparison of closed and expired listings for Palm Springs Central
Closed Vs. Expired Listings
Expired vs. Closed Listings - Palm Springs South End
Comparison of closed and expired listings for Palm Springs South End
Closed Vs. Expired Listings
Closed Sales by Price Range - Palm Springs North End
Palm Springs North End - Q4 2024
Shows the distribution of closed sales by price range.
Closed Sales by Price Range - Palm Springs Central
Palm Springs Central - Q4 2024
Shows the distribution of closed sales by price range.
Closed Sales by Price Range - Palm Springs South End
Palm Springs South End - Q4 2024
Shows the distribution of closed sales by price range.
Days on Market - Palm Springs North End
Visualizing average, median, and range of days on market.
If min is 0, it represents an off-market listing was sold.
Days on Market - Palm Springs Central
Visualizing average, median, and range of days on market.
If min is 0, it represents an off-market listing was sold.
Days on Market - Palm Springs South End
Visualizing average, median, and range of days on market.
If min is 0, it represents an off-market listing was sold.
Sale vs. List Price Metrics - Palm Springs North End
Comparing average, median, min, and max values for sale and list prices.
Comparison of sale and list price metrics.
Sale vs. List Price Metrics - Palm Springs Central
Comparing average, median, min, and max values for sale and list prices.
Comparison of sale and list price metrics.
Sale vs. List Price Metrics - Palm Springs South End
Comparing average, median, min, and max values for sale and list prices.
Comparison of sale and list price metrics.
High vs. Low Sale Price - Palm Springs North End
Visualizing the highest and lowest sale prices.
Highlights of the highest and lowest sale prices.
High vs. Low Sale Price - Palm Springs Central
Visualizing the highest and lowest sale prices.
Highlights of the highest and lowest sale prices.
High vs. Low Sale Price - Palm Springs South End
Visualizing the highest and lowest sale prices.
Highlights of the highest and lowest sale prices.

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