1163 North Calle Marcus, Palm Springs, CA 92262

Property Description

YOU OWN THE LAND! Investor, builder, and developer opportunity in the premier Movie Colony East neighborhood of Central Palm Springs, where recent average sales exceed $1M. Situated on an oversized 9,583-square-foot lot that significantly exceeds the neighborhood's average and median lot sizes, this property presents an exceptional value-add footprint for a high-end fix-and-flip, full custom rebuild, or dual-structure compound. Located minutes from downtown Palm Springs, the Uptown Design District, dining, and shopping, the existing 1,573-square-foot structure (2 bedrooms, 2 bathrooms) is a complete teardown or major renovation project being sold strictly as-is. Beyond the primary residence shell, the expansive lot features an empty in-ground pool and spa shell ready for restoration, along with substantial excess yard space offering massive potential for a detached Accessory Dwelling Unit (ADU). Capitalize on superior lot size, prime location, and high ARV potential in one of the desert's most sought-after markets by building a modern luxury retreat. Celebrated for its rich Old Hollywood legacy and immediate proximity to Ruth Hardy Park, the Wellness Park, and local dog parks, Movie Colony East remains one of central Palm Springs' most iconic and high-demand enclaves, known for tranquil tree-lined streets, striking San Jacinto mountain backdrops, and effortless walkability to world-class dining, arts, and shopping.