Deepwell Ranch – Located in the southern part of Palm Springs. There are 111 homes on 24 beautifully landscaped acres. Built from 1970 -1972, this community has 3 pools and spas, 1 tennis court, and a 24/7 manned guard gate. Before the current Deepwell Ranch was constructed, the site was known as Deep Well Guest Ranch, a dude ranch where the wealthy came for a desert retreat. The development with its California-Spanish style homes with red tile roofs and stucco walls was jointly developed by William Bone and Alodex Corp of Memphis, Tennessee. Homes are 2 - 3 bedrooms and 1,638 – 2,500 sq. ft. On fee simple land with recent HOA monthly $ 520. Homes range from $400,000 - $750,000.