2499 S Palm Canyon Dr, Palm Springs, CA 92264

Property Description

One of the most unique and affordable opportunities on an expansive 18,295 sq. ft. lot in the prestigious Indian Canyons neighborhood of South Palm Springs. Once owned by Fey's Canyon and long been said to have originally served as a William Krisel and Dan Palmer designed "clubhouse" for Canyon View Estates, this updated single family home with NO HOA is a captivating expression of Mid Century architecture and Palm Springs living. Enter into a dramatic great room crowned by an 8 beamed "Umbrella" ceiling and clerestory windows that flood the space with natural light and create an unforgettable architectural statement. The expansive living area offers exceptional flexibility for multiple seating arrangements and entertaining spaces, anchored by a stunning painted wall mural that adds warmth and artistic character. The primary suite enjoys beautiful mountain views, a large walk in closet, and an attached bath, while the guest bath features an oversized walk in shower with a picture window framing the surrounding hillside. The spacious updated kitchen and dining area showcases charming "peek a boo" windows overlooking the landscape along with generous counter space and abundant cabinetry. Outside, the breathtaking backyard becomes a private sanctuary tucked against the hillside with dramatic mountain views and a palm tree lined landscape stretching into the distance. Lounge beside the sparkling pool and spa, gather under the shaded gazebo, or enjoy evenings around the festive gas firepit. The setting is serene, magical, and quintessentially Palm Springs. The property offers remarkable versatility and may be enjoyed immediately as a full time residence, seasonal retreat, or successful vacation rental, as it has been in recent years. Yet perhaps even more exciting is the extraordinary future potential. Surrounded by multi-million dollar estates, this property presents a rare opportunity to create a truly spectacular gated luxury compound or reimagined architectural estate. The scale of the lot, the setting against the hillside, and the prestigious surrounding homes create tremendous upside for a buyer with vision. Additional highlights include a renewed land lease through 2080, 32 seller-owned solar panels, and a 10kWh battery system. There is simply nothing else like this in Indian Canyons. A rare architectural gem that offers charm, flexibility, income potential, and exceptional long term value in one of Palm Springs' most sought after neighborhoods. Sold completely turn-key.