775 North N Mission Road, Palm Springs, CA 92262

$4,995,000
5
BD
6
BA
4,269
SqFt

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List Price
$4,995,000
Price Change
▼ $300,000 1779922763
Status
ACTIVE UNDER CONTRACT
MLS#
00-26657649
Year Built
1952
Bedrooms
5
Bathrooms
6
Living Sq. Ft
4,269
Lot Size
53,143
Days on Market
149
Property Type
Single Family Residential
Stories
1
Neighborhood
Old Las Palmas

Property Description

A truly rare offering in the heart of Old Las Palmas on Mission Road, the former Buddy Rich estate spans approximately 1.22 acres across three parcels. This property represents one of the most significant land opportunities in Palm Springs today. Properties of this scale and historical provenance in this neighborhood seldom come to market, making this a once-in-a-generation opportunity to own both land and legacy in one of Palm Springs' most exclusive enclaves. Built in 1952, the estate reflects the relaxed indoor-outdoor architectural philosophy that defined Palm Springs during its golden era. Designed to embrace the desert landscape, the property captures beautiful mountain views, open skies, and the effortless connection between home and garden that made mid-century Palm Springs living iconic. Set behind walls, gates, and massive privacy hedges, the property reveals itself as a private compound of manicured gardens and expansive grounds, reminiscent of Palm Springs' golden-era estates. The main residence features three bedrooms, complemented by two separate guest casitas, creating a flexible estate environment ideal for hosting family and guests and grand events. Designed for true Palm Springs living, the outdoor spaces include a pool, a separate hot tub, a private, commercially lit tennis court, and a large fire pit with circular seating, providing multiple settings for relaxation and entertaining beneath the desert sky. Inside, the home reflects the chic entertaining culture, highlighted by a distinctive sunken bar that anchors the living space. Equally compelling is the opportunity the land provides. With approximately 1.22 acres across three parcels, the property offers the rare ability to expand, reimagine, or enhance the estate over time, allowing the next owner to thoughtfully put their own architectural stamp on a historic Palm Springs compound. The home has solar, which significantly reduces the electric bill. In prestigious Old Las Palmas, the estate sits just minutes from downtown Palm Springs' celebrated dining and shopping and close enough to enjoy downtown on a whim, yet tucked inside the serene, storybook setting of Old Las Palmas. Beyond its architectural and lifestyle appeal, the estate has demonstrated strong income potential, having been successfully operated as a luxury rental property that generates approximately $250,000 annually. 775 N Mission Road is more than a home: it is a rare opportunity to steward a meaningful piece of Palm Springs history, defined by extraordinary land, iconic neighborhood pedigree, architectural heritage, and timeless desert views. For the design-minded buyer or collector, the property offers something increasingly rare: a multi-parcel configuration and substantial land, creating an exceptional opportunity to expand, restore, or reimagine it for the next generation while balancing preservation with opportunity.

Additional Information

Pool
Yes
Spa
Yes

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Listing courtesy of Compass.