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1111 E Ramon Road 35, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

1111 E Ramon Road 35, Palm Springs, California 92264 home-pic-0
ACTIVE$434,000
1111 E Ramon Road 35, Palm Springs, California 92264
2Beds
2Baths
1,069Sqft
1,638Lot

Price Vs. Estimate

The estimated value ($375,390.265) is $58,609.735 (16%) lower than the list price ($434,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Value Proposition: The property is explicitly marketed as the 'best value opportunity' in Ramona Villas by a motivated seller, supported by recent price reductions, making it highly competitive in the current market.
Top Cons:
Older Construction Year: Built in 1980, the property is over 40 years old, which may imply potential for older systems or components that could require future maintenance or upgrades beyond cosmetic renovations.

Compared to the nearby listings

Price:$434.0K vs avg $439.4K ($-5,450)49%
Size:1,069 sqft vs avg 1,307 sqft21%
Price/sqft:$406 vs avg $34073%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this property is well-maintained and features a thoughtfully updated, open-concept kitchen with sleek stainless steel appliances and recessed lighting. However, both bathrooms are significantly dated with older vanities, countertops, and light fixtures, requiring minor to moderate updates. The flooring is a mix of clean wood-look laminate and carpet, but not new. While the kitchen is a strong point, the overall condition, particularly the outdated bathrooms, indicates the home is aged but maintained through regular upkeep and occasional updates, fitting the 'Fair' category.
Year Built
1980
Close
-
List price
$434K
Original List price
$469K
Price/Sqft
$406
HOA
$463
Days on market
-
Sold On
-
MLS number
25572785PS
Home ConditionFair
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo

About this home

FIRST TO MEET THE MARKET! Discover exceptional value in this charming 2-bedroom, 2-bathroom condo at the prestigious Ramona Villas. Located in this highly sought-after gated community designed by renowned architect Barry Berkus, this single-level 1,069 sq. ft. residence offers the perfect blend of comfort and convenience. Step inside to a thoughtfully designed open-concept great room with walls removed in the kitchen to create a spacious, inviting feel. Features include sleek stainless steel appliances, in-unit laundry, and a private patio perfect for Palm Springs living. Why This is THE Deal: While other units in the complex sit unsold at higher prices, this motivated seller is offering the best value opportunity in Ramona Villas. Don't miss this chance to own in one of Palm Springs' most desirable communities at today's market price. Enjoy incredible amenities: sparkling saltwater pool, spa, fitness center, clubhouse, tennis/pickleball courts, and EV charging stations. HOA fee of $463/month covers roof maintenance, earthquake insurance, water, and trash. Fee simple land - you own the land! Minutes from downtown Palm Springs dining, shopping, and entertainment. Schedule your showing today!

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•2.1mi
4/10
Desert Learning Academy
Public,•K-12•0.7mi
6/10
Palm Springs High School
Public,•9-12•1.0mi
Condition Rating
Fair
Built in 1980, this property is well-maintained and features a thoughtfully updated, open-concept kitchen with sleek stainless steel appliances and recessed lighting. However, both bathrooms are significantly dated with older vanities, countertops, and light fixtures, requiring minor to moderate updates. The flooring is a mix of clean wood-look laminate and carpet, but not new. While the kitchen is a strong point, the overall condition, particularly the outdated bathrooms, indicates the home is aged but maintained through regular upkeep and occasional updates, fitting the 'Fair' category.
Pros & Cons

Pros

Exceptional Value Proposition: The property is explicitly marketed as the 'best value opportunity' in Ramona Villas by a motivated seller, supported by recent price reductions, making it highly competitive in the current market.
Extensive Community Amenities: Residents enjoy a comprehensive suite of amenities including a sparkling saltwater pool, spa, fitness center, clubhouse, tennis/pickleball courts, and convenient EV charging stations.
Prime Palm Springs Location: Situated minutes from downtown Palm Springs, offering easy access to dining, shopping, and entertainment, enhancing lifestyle and desirability.
Favorable HOA Structure & Ownership: The property benefits from fee simple land ownership, a significant advantage for a condo, with a reasonable HOA fee covering essential services like roof maintenance, earthquake insurance, water, and trash.
Modernized Interior & Desirable Features: Features an open-concept great room with a remodeled kitchen (walls removed, stainless steel appliances), in-unit laundry, and a private patio, catering to modern living preferences.

Cons

Older Construction Year: Built in 1980, the property is over 40 years old, which may imply potential for older systems or components that could require future maintenance or upgrades beyond cosmetic renovations.
Limited View: The property is noted to have a 'Peek-A-Boo' view, indicating a partial or restricted vista rather than a grand, expansive view often sought after in Palm Springs.
Automated Valuation Discrepancy: The current listing price is significantly higher than the automated property estimation, which could lead to buyer scrutiny regarding market value or potential challenges with financing based on appraisal.

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