103 Mustang Lane, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath
103 Mustang Lane
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 103 Mustang Lane, Palm Springs, California 92262 reveals a property with a current list price of $872,000, which is 10% above the estimated $791,187 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 103 Mustang Lane Subject | $872,000* List Price | 3 | 4 | 2,369 | $334 | - |
A 4365 Rambler Lane Sold | $760,000 | 3 | 4 | 2,367 | $321 | 0.0 mi |
B 845 Nugget Sold | $929,000 | 3 | 4 | 2,084 | $446 | 0.7 mi |
C 216 Mustang Lane Sold | $742,769 | 4 | 4 | 2,830 | $262 | 0.1 mi |
D 216 Mustang Lane Sold | $742,769 | 4 | 4 | 2,830 | $262 | 0.1 mi |
E 157 Mustang Lane Sold | $850,000 | 4 | 4 | 2,830 | $300 | 0.0 mi |
F 4467 Rambler Active | $860,000 List Price | 3 | 4 | 2,369 | $363 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand-new 2025 construction, meeting the highest standards of the 'excellent' category. It features a modern chef's kitchen with stainless steel appliances, a stylish accent backsplash, and a central island. The home includes a new roof, a new HVAC system, fresh paint, and contemporary flooring throughout, ensuring no deferred maintenance and a completely turn-key experience.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Modernity
As a 2025 build, the property offers complete peace of mind with a brand-new roof, new HVAC system, and contemporary finishes including fresh paint and flooring throughout.
- Private Desert Oasis
The backyard is perfectly equipped for the Palm Springs lifestyle, featuring a private in-ground pool, a covered patio for shade, and a fully fenced perimeter for maximum privacy.
- Gourmet Chef's Kitchen
The kitchen is a standout feature, boasting high-end stainless steel appliances, a stylish accent backsplash, a walk-in pantry, and a central island designed for both prep and social gatherings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6568, other record lot size in square feet = 7840.
- Recently Sold Property
The property was recently sold within the past year on 2026-02-11. The sold price is $829,500.00.
- Lack of Scenic Views
The listing indicates no specific views, which may be a disadvantage in the Palm Springs market where mountain or desert vistas are highly sought after by premium buyers.
About 103 Mustang Lane
Welcome to 103 Mustang Ln, a home that exudes freshness and modernity. The interior boasts fresh paint and new flooring throughout, creating a clean and contemporary feel. The kitchen is a chef's dream with a stylish accent backsplash, an accent backsplash, and all stainless steel appliances. A kitchen island provides additional prep space, while a walk-in pantry provides ample storage. The primary bedroom features a walk-in closet, and the primary bathroom is equipped with double sinks for convenience. The exterior of the home is just as impressive with fresh paint, a new HVAC system, and a new roof. Outdoor living is a breeze with a covered patio, a private in-ground pool, and a fenced-in backyard. Come and experience the comfort and style of this home. Included 100-Day Home Warranty with buyer activation
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 6,568 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 70% |
| Square foot | 2,369 | 1,964 | 69% |
| Lot Size | 6,568 | 9,583 | 25% |
| Price | $872.0K | $895.0K | 47% |
| Price per sq ft | $368 | $477 | 26% |
| Built year | 2025 | 1989 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 179 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$872,000
Initial Listing
Sold
Feb 11, 2026
$829,500
Public Record
Sold
Feb 27, 2025
$900,000
Public Record