700 N Prescott Drive

332 - Central Palm Springs Palm Springs 92262

Welcome to a rare Old Las Palmas offering--currently the lowest-priced home among surrounding $7M+ estates. Just one block from downtown Palm Springs' renowned restaurants, shops, and entertainment, this historic neighborhood is celebrated for its welcoming community, neighborhood socials, and morning dog/people strolls.Privately gated, the property opens to a serene desert oasis featuring mature landscaping complemented by newer low-maintenance desert additions. This beautifully renovated residence blends old-world charm with modern sophistication and offers exceptional versatility ideal as a short-term rental, pied-a-terre, condo alternative, or legally expandable home.Enter directly into the living room, highlighted by soaring ceilings with exposed wood beams, modern lighting, and a cozy fireplace. The adjacent kitchen and dining area, visible through a classic serving window, overlook the saltwater pool, spa, and outdoor kitchen--creating seamless indoor-outdoor living perfect for entertaining.The home features two-bedroom suites plus a third bedroom currently used as an office. The elevated primary suite occupies the second level, offering breathtaking San Jacinto Mountain views, dramatic beamed ceilings, and private stair access to the backyard and pool. A guest suite is located on the main level, along with the third bedroom/office and powder room. A fourth bath serves the pool area and includes generous storage within a detached structure--offering potential for an ADU with city permits.Originally built in 1946 and extensively remodeled in 1993-1994, additional highlights include LED lighting throughout, custom cabinetry and countertops, wine cooler, newer sprinkler system, and a carport that could be enclosed to create a garage.A rare chance to own a thoughtfully updated desert retreat in one of Palm Springs' most prestigious neighborhoods.