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103 Mustang Lane, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath

103 Mustang Lane, Palm Springs, California 92262 home-pic-0
ACTIVE$872,820
103 Mustang Lane, Palm Springs, California 92262
3Beds
4Baths
2,369Sqft
6,571Lot
Year Built
2025
Close
-
List price
$873K
Original List price
$873K
Price/Sqft
$368
HOA
$450
Days on market
-
Sold On
-
MLS number
SW25063238
Home ConditionExcellent
Features
Good View: Mountain(s), Orchard
Pool
Spa
Patio
ViewMountain(s), Orchard

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $872.8K(45th), sqft - 2369(65th), beds - 3(50th), baths - 4(70th).

NEW CONSTRUCTION! Ready for Immediate move-in! Includes Upgraded Flooring! Private Pool! This new single-level home is host to a modern open floorplan consisting of the kitchen and Great Room, with a convenient bedroom with an en-suite bathroom located off the foyer. Two additional bedrooms are tucked away to the side of the home, including the lavish owner’s suite with a spa-inspired bathroom and generous walk-in closet. Vitality offers new modern single-family homes for sale at the Miralon masterplan community in Palm Springs. The community will feature fantastic onsite resort style amenities, including a swimming pools, clubhouse, gym, hiking trails, gated access and much more. Residents will enjoy convenient access to the best of local shopping, dining, and dining.

Price History

Date
Event
Price
10/04/25
Price Change
$872,820-3.3%
07/31/25
$902,777
03/22/25
$872,820
Condition Rating
Excellent
This property is brand new construction, built in 2025, and described as 'Ready for Immediate move-in!' The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with new stainless steel appliances, flat-panel cabinetry, quartz countertops, and a stylish herringbone backsplash. The flooring consists of upgraded large-format tile, and the home boasts recessed lighting and a private pool. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this home offers modern design, upgraded flooring, and is ready for immediate move-in, providing a fresh and hassle-free ownership experience.
Private Pool: The property includes a private pool, a highly desirable and essential amenity for enjoying the Palm Springs climate and lifestyle.
Master-Planned Community Amenities: Located within the Miralon masterplan community, residents benefit from extensive resort-style amenities including multiple swimming pools, a clubhouse, gym, hiking trails, and gated access.
Luxurious Owner's Suite: The lavish owner’s suite features a spa-inspired bathroom and a generous walk-in closet, enhancing comfort and providing a premium living experience.
Desirable Palm Springs Location: Situated in Palm Springs, the property offers convenient access to local shopping, dining, and entertainment, appealing to those seeking a vibrant desert lifestyle.

Cons

High Monthly HOA Fees: The property incurs a significant ongoing association fee of $450.00 per month, which adds substantially to the total cost of homeownership.
Listing Price Exceeds Estimated Value: The current listing price of $872,820 is approximately 8% higher than the property's estimated market value of $794,689.95, potentially indicating overpricing.
Limited Specifics on Energy Efficiency: While new construction, the description lacks explicit details on specific energy-saving features, which are crucial for managing utility costs in the hot Palm Springs climate.

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