The property at 2197 Jacques Dr is a new 6-bed, 6-bath, 3,229 sqft single-family home listed at $2,699,777 ($836/sqft), which is below the most relevant recent comp (516 E Racquet Club Rd: 6bd/6ba, 3,175 sqft, closed at $3,000,000 and $945/sqft). This positions the home competitively in the luxury segment, but buyer caution, rising days on market, and more negotiable sellers define Palm Springs in late 2025. Strategic pricing is critical as the market sees price reductions and longer time to close, with luxury listings typically moving slower than mid-market ones.
Price firmly near but slightly below the comp ($2.9M–$3.2M range) to attract value-sensitive buyers, highlighting new construction, multiple ADUs, and rental income potential in marketing. Invest in professional staging and high-end photo/video to emphasize resort amenities and turnkey appeal. Expect a median time to close of 5–6 months; listing now benefits from early fall activity, but be prepared for strong negotiations. Target multi-generational buyers and luxury investors seeking income streams.