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The Home, Fondly Known as the Elizabeth Taylor Estate, Sells for $5.2 Million Dollars in Palm Springs

Real Estate Agent with Teles Properties

The Palm Springs Real Estate market is singing the praises to the office of Scott Lyle Realtors (where I work) for the successful sale of the home, fondly known as the Elizabeth Taylor Estate.  The home, located in the tony neighborhood of Old Las Palmas, was purchased by an out-of-area couple for $5.2 million dollars.   They discovered the home as they were riding their bicycles through the neighborhood and called my broker from the "For Sale" sign in front of the home.  Scott Lyle Realtors represented both the buyer and seller in this transaction.

This is the highest price for a home sold in the city of Palm Springs this year.  The only time I can remember a home selling for over $5 million dollars in the city of Palm Springs was the architecturally significant Elrod House, designed by John Lautner.  This home was sold in November 2003.

As the office rejoices in the celebration of this monumental sale, I still remember the day we took the listing.  Picture it, December 2007.  I just finished writing a blog post, What $9.2 Million Will Buy You in Palm Springs, about our new office listing, the Elizabeth Taylor Estate.

Originally built in the 1930's and now completely renovated, this Spanish Estate features 7 bedrooms, nine and a half baths, impeccable finishes, and over 10,000 square feet of living space.

This magnificent home sits on over one and half acres of lushly landscaped grounds featuring mature palm trees, lavish fountains, a spectacular open-air entertainment pavillion, a breathtaking reflecting pool, and one the very finest pools in Southern California.

The Master Suite has approximately 2000 feet of luxurious space, the 4 room suite features an original 2-sided fireplace with a Carrera marble hearth, and vaulted ceilings of up to 14'6".

The Grand Master Bathroom is a sight to behold.  A solid honed Carerra marble tub sits majestically under a multi-tiered candelabra chandelier with tear drop crystals. 

 Exquisite features include an oversized shower with body sprays, rain shower and steam.  A crystalline framed fireplace sets the stage for complete and total opulence.

The oversized French doors lead to a private patio with a beautiful 9'7" x 5' 7" in-laid tiled spa.

Now after 2 1/2 years, 3 price changes, an economic downturn, and lots of advertising, I am glad the property was purchased by a very deserving couple.  The Elizabeth Taylor Estate is by far one of the most beautiful homes I have ever seen.

Before I finish, a big congratulations needs to go to my broker, Scott Lyle.  Way to go, Boss!!!

With the recent sale of a $10.1 million dollar home at Bighorn and now the sale of the Elizabeth Taylor Estate, this is going to give the luxury real market of Palm Springs the momentum it has needed for a long time.  All my best to the new owners!!

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About the Author

Harold Watts of Scott Lyle Realtors has been a REALTOR in Palm Springs since 1999. Focusing on the 2nd & Vacation home market, Harold has been helping Buyers and Sellers achieve their real estate goals. If you want to know what is happening with the Palm Springs Real Estate market, give Harold Watts a call at 760-218-8209 or email him at Harold@HaroldWatts.net

Website:  www.PalmSpringsCityLimits.com

Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Harold:   Certainly not as nice as this estate, but there was a home in Virginia that Elizabeth Taylor lived in when she was married to one of our politicians.  Mom used to point it out when we were on road trips. 

May 07, 2010 12:05 PM
Harold Watts
Teles Properties - Palm Springs, CA
Palm Springs Real Estate Blog


I'm sure that Elizabeth Taylor had many beautiful homes that could rival anything we have ever seen.  The previous owners did such a nice job with the renovations that I can't recall seeing a more fabulous home.  Thanks for dropping by and commenting.  Make it a great weekend.



May 07, 2010 12:15 PM