Sold

550 Palisades Drive

Palm Springs CA, 92262

$8,150,000


$2,779.67 per sqft

Sold

3 Beds

3.5 Baths

2,932 sqft

Residential

Built in 1959

Listed by Sean Stanfield with Pacific Sotheby's Int'l Realty (858) 531-7929

A vision of creativity of a bygone era, the true architectural embodiment of Desert Modern. One of a small collection of properties considered Organic Modern, to grace the captivating landscape of the Coachella Valley, the home and its grounds were designed by foresighted Hugh Kaptur, 1958. Heralded as one of the most prolific architects of his time, Kaptur considered the entire parcel when creating an unmatched environment to enjoy the spectacular setting. Illuminated meandering paths formed from the native mineral terrain& cascading rock waterfalls envelop the home, its myriad terraces& verdant gardens. The distinct facade, surrounding walls of glass& graphic roof-line canopy brilliantly mirror clad, reflecting the everchanging tableau of light, horizon& scenic wonder afforded by the property's ideal elevation& location. Panoramic vistas from nearly every vantage are complemented by delightful details; thoughtfully curated viewing and entertaining areas; a luminous pool; and a graphic assemblage of mature palms. Further enhancing the interior connection to the environmental context are substantial exposed rock formations& access to a continuous water feature& Koi fish habitat. Albert Frey, a groundbreaking contributor to modern architecture expanded the property, including guest house of equal visual interest& design integrity. 1 of only 3 famed properties on this private ridge, protected by a gated road& set above downtown Palm Springs, an opportunity beyond compare.

219105492DA

MLS ID

January 17, 2024

Listed

March 29, 2024

Updated

Map

550 Palisades Drive
Palm Springs CA, 92262

Interior Features

Total Stories

1


Bedrooms

3 Beds


Bathrooms

3.5 Baths


Interior Features

Bar, Multiple Primary Suites, Wine Cellar


Appliances

Dishwasher, Refrigerator, Water Heater


Floor Description

Tile


Fireplace

Yes


Fireplace Description

Gas, See Remarks


Cooling

Yes


Heating

Yes

Exterior/Building Features

Lot Size

1.35 Acres


Exterior Features

Barbecue, Koi Pond


Lot Features

Irregular Lot, Sprinkler System


Roof

Foam

Other Property Details

Area Name

332 - Central Palm Springs


Days on Market

51


Garage

Yes


Garage Spaces

1


Parking

Covered, Driveway, Garage, Garage Door Opener


Parking Total

8


View

Yes


View Description

City Lights, Mountain(s), Panoramic, Pool


County

Riverside


Pool

Yes


Pool Features

In Ground, Private


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/29/2024

Sold

$8,150,000

3/8/2024

Pending

2/16/2024

Under Contract

Listing Contact: (858) 531-7929 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/29/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/29/2024 at 3:10 AM UTC

 

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