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1538 E Verbena Drive — Palm Springs — 3 Beds • 2 Baths • 1,431 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 18 · 11AM – 2PM

+36 more

$1,150,000

72 DOM

$804/sqft3 bd2 ba1,431 sqft

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1538 E Verbena Dr Palm Springs, CA 92262

10,890sqft lot

An exceptional find in the heart of iconic Palm Springs--discover Movie Colony East neighborhood. Private enclave designer renovated into a sleek oasis. Home fuses modern elegance with vintage Midcentury elements. Classic breezeblock entry and custom glass inset double doors invite you in. Chic wood panel accent walls bring warmth and an eclectic vibe to foyer entry. Open floor plan with vaulted ceilings accentuates airy feel, layout works as well for group entertaining as intimate get togethers. Postcard worthy San Jacinto Mountain & palm tree views from every window & slider! Gourmet kitchen boasts luxe appliances. Custom cabinetry, quartz counters, tile backsplash--tons of storage and prep space. Living room with stack stone fireplace/media wall open to vacation-like backyard. Luxurious kidney shaped pool with waterfall spa. Large, shaded patio, firepit, BBQ area even an outdoor shower! Custom hardscape with low-maintenance desert plantings enhanced by multiple old-growth palms lend a lush desert oasis feel. Countless upgrades enhance the living experience. MUST SEE! Plus 2-car attached garage. Come experience modernist resort-style living--enjoy the gorgeous interior, lounge poolside, entertain, stargaze--this is the IDEAL renovated property to call HOME! Centrally located, Verbena Drive is near downtown Palm Springs, neighborhood hiking trails, casino, shopping and dining.

MLS 219142214DA

(760) 249-2120 (Office) (760) 832-5398 (Cell) richardg@team2trust.com

Est. payment

$7,348/mo

Principal & interestTaxesInsurance

$5,815$1,198$335

Down %

Rate %

Years

Down payment: $230,000 · Total cost: $2,323,409

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$7,348/mo

Principal & interest: $5,815
Est. property tax: $1,198
Est. insurance: $335
Down payment: $230,000

Est. gross rent$4,792/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,556/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 16, 2026	$1,190,000	—

Facts & Features

Transaction Data

▼Price Reduced from $1,190,000 (−$40,000)

Structure & Property

Year Built1971

Garage Spaces2

(760) 249-2120 (Office) (760) 832-5398 (Cell) richardg@team2trust.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1538 E Verbena Drive, Palm Springs, CA 92262

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Call

1538 E Verbena Dr Palm Springs, CA 92262

About this home

Richard Chamberlin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Richard Chamberlin

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

1538 E Verbena Drive, Palm Springs, CA 92262

About This Property

Property Photos

1538 E Verbena Dr Palm Springs, CA 92262

About this home

Richard Chamberlin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Richard Chamberlin

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.