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1103 Alta Cresta, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1103 Alta Cresta, Palm Springs, California 92262 home-pic-0
ACTIVE$509,000
1103 Alta Cresta, Palm Springs, California 92262
3Beds
2Baths
1,411Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($462,260.97) is $46,739.03 (9%) lower than the list price ($509,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Community Amenities: Situated in the desirable Mountain Gate community, offering gated privacy, direct access to community pool, basketball courts, and green spaces. It boasts excellent proximity to downtown Palm Springs, world-class dining, shopping, golf, hiking trails, the Aerial Tramway, and the airport.
Top Cons:
Significant Price Reduction History: The property has undergone multiple price reductions, from an original list price of $579,999 down to $509,000, which may indicate initial overpricing or challenges in attracting buyers at higher price points.

Compared to the nearby listings

Price:$509.0K vs avg $925.0K ($-416,000)7%
Size:1,411 sqft vs avg 2,096 sqft19%
Price/sqft:$361 vs avg $49025%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this home is well-maintained and move-in ready, aligning with the 'Good' category for properties 10-20 years old. The description notes a 'newer A/C unit,' indicating a key system update. While the kitchen and bathrooms are clean and functional, their style, including tiled countertops, medium-toned wood cabinets, and light fixtures, reflects the original 2005 build rather than a recent modern renovation. Appliances are a mix of white and stainless steel. The flooring (carpet and tile) is also consistent with the build era. Overall, the property is in solid condition with minimal wear and tear, but its aesthetic elements are not fully updated to current trends.
Year Built
2005
Close
-
List price
$509K
Original List price
$580K
Price/Sqft
$361
HOA
$160
Days on market
-
Sold On
-
MLS number
SW25172757
Home ConditionGood
Features
Good View: Desert, Mountain(s)
Patio
ViewDesert, Mountain(s)

About this home

Desert Retreat living in the serene and highly desirable Mountain Gate community! A welcoming oasis greets you as you enter Palm Springs at 1103 Alta Cresta—a residence where the tranquility of the desert meets the convenience of downtown! Set against a backdrop of majestic mountains and swaying palms, this home offers the perfect combination of comfort and relaxation. Step foot into this beautifully maintained, move-in-ready home featuring 3 bedrooms and 2 full bathrooms. Boasting over 1,400 square feet of airy living space, the open-concept layout seamlessly blends the living, dining, and kitchen areas—ideal for entertaining or winding down after a day in the sun. The cozy fireplace in the living room, bar top island in the kitchen and putting green in the backyard makes this home the perfect place to be. The newer A/C unit, wood blinds and ceiling fans throughout help to keep things cool in the summer! Artificial grass and drip irrigated landscape make outside maintenance a breeze! When it comes to location this one checks all the boxes! Set across the street from the pool, basketball courts and various green spaces; this home is steps away from enjoying your community amenities. All within the neighborhood gates....keeping your enjoyment a bit more private. This Mountain Gate community is situated as such that it also offers easy access to world-class dining, shopping, golf, art galleries, and the vibrant downtown scene. Explore nearby hiking and biking trails, championship golf courses, and renowned spas. Across the way you will also find the Palm Springs Aerial Tramway—the world’s largest rotating tram car! Minutes from downtown, immerse yourself in the iconic mid-century modern architecture, design festivals, and the rich arts community that Palm Springs has to offer. Close to the Palm Springs International Airport and major freeways for effortless travel. Take advantage of this opportunity and delight in all the perks of the indoor/outdoor living and lifestyle that defines the charm of Palm Springs in every way. Book your private tour and viewing today!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•1.5mi
7/10
Katherine Finchy Elementary School
Public,•K-5•2.4mi
4/10
Raymond Cree Middle School
Public,•6-8•2.2mi
6/10
Palm Springs High School
Public,•9-12•4.2mi
4/10
Desert Learning Academy
Public,•K-12•4.3mi
Condition Rating
Good
Built in 2005, this home is well-maintained and move-in ready, aligning with the 'Good' category for properties 10-20 years old. The description notes a 'newer A/C unit,' indicating a key system update. While the kitchen and bathrooms are clean and functional, their style, including tiled countertops, medium-toned wood cabinets, and light fixtures, reflects the original 2005 build rather than a recent modern renovation. Appliances are a mix of white and stainless steel. The flooring (carpet and tile) is also consistent with the build era. Overall, the property is in solid condition with minimal wear and tear, but its aesthetic elements are not fully updated to current trends.
Pros & Cons

Pros

Prime Location & Community Amenities: Situated in the desirable Mountain Gate community, offering gated privacy, direct access to community pool, basketball courts, and green spaces. It boasts excellent proximity to downtown Palm Springs, world-class dining, shopping, golf, hiking trails, the Aerial Tramway, and the airport.
Move-in Ready Condition: The property is described as 'beautifully maintained, move-in-ready,' suggesting minimal immediate investment for new owners.
Modern Comforts & Features: Equipped with a newer A/C unit, wood blinds, ceiling fans for climate control, a cozy fireplace, a bar top island in the kitchen, and a backyard putting green, enhancing livability and entertainment value.
Low Maintenance Landscaping: Artificial grass and drip-irrigated landscaping significantly reduce outdoor maintenance efforts, ideal for desert living.
Open Concept Living: The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting and spacious feel perfect for entertaining.

Cons

Significant Price Reduction History: The property has undergone multiple price reductions, from an original list price of $579,999 down to $509,000, which may indicate initial overpricing or challenges in attracting buyers at higher price points.
Modest Square Footage: With 1,411 square feet for a 3-bedroom home, the living space might be considered compact for some buyers seeking more expansive interiors.
Ongoing Association Fees: A monthly association fee of $160 adds to the recurring cost of homeownership, which could be a consideration for budget-sensitive buyers.

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