1 month on rocket

500 W Crescent Dr, Palm Springs, CA, 92262

$5,250,000

4 Bedrooms
5 Full Baths, 1 Partial
5,450 SqFt
$963/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener, Side By Side
Attached Garage2 spaces
Year Built1974
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
FireplaceFamily Room, Gas, Great Room, Primary Bedroom
ViewMountain(s), Pool
Private PoolYes
MLS #219108203DA
Lot Size0.53 Acres
StatusActive

About 500 W Crescent Dr

The epitome of exquisite contemporary elegance awaits in this exceptional Old Las Palmas residence. This home of upscale distinction and unmatched style is a beautiful example of international architecture and uniquely quiet interiors created by the famed design team of Paul Ashley and Xorin Balbes. Upon entering, one is captivated by the soaring 12' ceilings and floor to ceiling glass seamlessly blending indoor and outdoor living. Private patios offer serene mountain views encapsulating the idyllic Palm Springs lifestyle. A sparkling pool with spa and firepit creates a tranquil oasis for relaxation and entertaining. Lush mature landscaping provides the backdrop for many patios and vistas at every turn. Inside, the expansive open-plan living area offers an inviting space perfect for any size gathering. The gourmet kitchen is equipped with every amenity needed to savor the joy of cooking and entertaining with ease and style. Unparalleled comfort awaits in the sumptuous primary suite, featuring pool and mountain views, fireplace and a spa bathroom with deluxe soaking tub, rainfall and steam shower, and walk-in closet. Completing the expansive 5,450 square feet of luxurious living space are three additional suites with stunning baths and private patios all nestled on a generous walled and gated 1/2-acre lot. This property is a unique and stunning work of art providing a private and serene oasis while situated just minutes from the heart of dining, entertainment, and shopping.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1974
  • Stories: 1
  • Living Area: 5,450 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (760) 249-2120
  • Listing Agent: Gregg Fletcher

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood
  • Flooring Type: Carpet, Stone
  • Interior: Wet Bar, Built-in Features, High Ceilings, Open Floorplan, Recessed Lighting
  • Fireplace: Family Room, Gas, Great Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Pool

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener, Side By Side

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.53 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palm Springs High School, Public District Grades 9-12
  • Raymond Cree Middle School, Public District Grades 6-8
  • Katherine Finchy Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Palm Canyon go West on Alejo Rd. Turn Right on N Patencio Rd then left on W Crescent Dr and the residence will be immediately on your right at the corner of N Patencio Rd and W Crescent Dr. Furnishings available outside of Escrow. Cross Street: Patencio and Crescent.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,250,000
  • Price Per SqFt: $963/SqFt

Tax Information:

  • Annual Amount: $22,271
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

Med. Sold Price

$635.1K

Med. Price/SqFt

$420

Avg. Days On Market

56

# of Sold Homes

138

500 W Crescent Dr vs Palm Springs

49 DAYS ON ROCKET

-7 Days

$5,250,000

+$4.6M More

$963/SqFt

+$542 More

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price and $542/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: #219108203DA

Listing Office:

  • Office Name: Compass
  • Office Phone: (760) 249-2120
  • Listing Agent: Gregg Fletcher

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: 4/28/2024, 8:25:20 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

Nov 06, 2009Home Sold
$1,500,000
Oct 02, 2009Home Sold
$1,250,000
Nov 04, 2005Home Sold
$2,050,000
Jul 31, 1998Home Sold
$920,000
Apr 09, 1992Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$22,271$1,788,770
2020$22,270$1,770,429
2018$21,465$1,701,683
2017$20,517$1,668,318

History based on county public records data.

Payment Calculator

$26.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.8K

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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.

Elementary School

school-card-donut-2035686
5
/10
  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 0.95 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2035687
4
/10
  • Raymond Cree Middle School

  • 1011 E Vista Chino

  • 1.29 miles

  • Public District Grades 6-8

High School

school-card-donut-2035688
6
/10
  • Palm Springs High School

  • 2401 E Baristo Rd

  • 2.08 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,785. Most Palm Springs, CA residents have annual incomes between $35k-100k. The most common type of family 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 Crescent Dr

What is the listing price of this property?

The listing price of 500 W Crescent Dr property is $5,250,000.

What type of property is this?

The property 500 W Crescent Dr is a house located in Palm Springs, California, 92262.

Is this property for sale now?

Active Listing: 500 W Crescent Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 500 W Crescent Dr are:
Katherine Finchy Elementary School: GreatSchools Rating 5/10
Raymond Cree Middle School: GreatSchools Rating 4/10
Palm Springs High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $22,271 (source: MLS/based on county public records data).

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

The last sale was on November 6, 2009 for $1,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 W Crescent Dr has 4 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 W Crescent Dr is 5,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 W Crescent Dr is 1974.
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Rocket HomesCaliforniaRiverside CountyPalm Springs92262500 W Crescent Dr

This home is located at 500 W Crescent Dr in Palm Springs, CA and zip code 92262 in the Old Las Palmas neighborhood. This 5,450 square foot home, which was built in 1974, sits on a 0.53 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $5,250,000.

In March 2024, from all listings sold in Palm Springs, CA there were more than 13 sold above asking price, over 93 sold below and more than 32 were sold right at the asked price. The number of homes for sale in Palm Springs, CA increased by 7.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $635,164, while the average time on the real estate market was 56 days.

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

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