1232 Oro, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
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Palm Springs, California 92262
This Stunning Move-In Ready Home is a High-Potential Investment Opportunity, listed at $749,000—positioned well below the $777,785 Fair Market Value by 3%. This valuation gap offers $28,785 in Instant Equity. Featuring a 2014 build date, chef's kitchen, and a 2024 private pool and spa, the property maintains an Excellent Condition Rating. Located in the prestigious Mountain Gate community with panoramic mountain views, this residence is the ideal sanctuary for Owner-Occupants or lifestyle-focused buyers seeking a turnkey desert retreat.
Turnkey 3BR/3BA Palm Springs home in Mountain Gate. Features 2024 pool/spa, chef's kitchen, and mountain views. Priced below market value for instant equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 Oro Subject | $719,900* List Price | 3 | 3 | 1,907 | $393 | - |
A 1114 Palmas Sold | $610,000 | 3 | 2 | 1,630 | $374 | 0.1 mi |
B 1132 Vista Sol Sold | $673,000 | 3 | 3 | 1,907 | $353 | 0.2 mi |
C 1067 Alta Cresta Sold | $535,000 | 3 | 2 | 1,835 | $292 | 0.2 mi |
D 1280 Oro Sold | $625,000 | 3 | 2 | 1,411 | $443 | 0.5 mi |
E 1090 Palmas Active | $710,000 List Price | 3 | 2 | 1,835 | $387 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014 and maintained in mint condition, this property meets the criteria for excellent status through its high-end chef's kitchen, modern bathrooms, and significant 2024 upgrades including a brand-new pool, spa, and water conditioning system. The home shows no signs of deferred maintenance and features contemporary finishes throughout.
Built in 2014 and meticulously maintained by a single owner, this home offers a rare level of modern construction and flawless move-in readiness within the Mountain Gate community.
A spectacular in-ground pool and spa by Tessera was added in 2024, featuring solar heating capabilities and providing an immediate, high-end resort experience.
Located in the sought-after Mountain Gate gated community, residents benefit from tennis courts, community pools, and direct access to the CV Link trail system.
Situated in the North End of Palm Springs, the property is located in an area known for higher wind speeds, which may impact outdoor comfort during certain seasons.
With a lot size of 6,098 square feet, the yard is relatively intimate, which may limit additional landscaping or play areas beyond the newly installed pool and spa.
Rarely does a home of this caliber come to market in Mountain Gate — and this one just had a price improvment! Among the coveted few homes built between 2014-2016 in Mountain Gate, this stunning 2014-built residence stands in a class of its own. Single-owner since new and maintained in great condition, every detail of this home reflects the pride of ownership. Step inside and you're immediately greeted by high ceilings, an open-concept floor plan, and a gorgeous chef's kitchen that anchors the heart of the home and a recently installed Culligan Water Conditioning System. A large Primary Suite and 2 generously sized guest bedrooms — including a Jack and Jill bath connecting the two guest rooms — offer the ideal layout for families, guests, or a lock-and-leave desert lifestyle. Step outside into your own private resort. In 2024, the owners added a spectacular in-ground pool and spa by Tessera that can also be solar heated during those chilly winter days, transforming the backyard into the ultimate desert oasis — perfect for entertaining, unwinding, or simply soaking in the warm Coachella Valley sun. Mountain Gate itself is one of the most sought-after gated communities in the greater Palm Springs area, and it's easy to see why. Beautifully maintained common areas, resort-style community pools, tennis courts, and breathtaking mountain views set the backdrop for an exceptionally active neighborhood that fosters real connections among residents. Direct access to the new CV Link makes it effortless to explore the valley, while world-class dining, shopping, and entertainment in downtown Palm Springs is less than 10 minutes away. And for those who need to venture beyond the desert for a day or more, easy access to the 10 freeway puts Los Angeles and San Diego within comfortable reach — making this the perfect home base whether you're staying local or heading west. Opportunities like this in Mountain Gate are exceedingly rare. Whether you're seeking a full-time residence or the perfect desert retreat, this home is ready to exceed your every expectation. Schedule your private showing today — this one will not last.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.5 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,907 | 2,076 |
| Lot Size | 6,098 | 10,454 |
| Price | $719.9K | $1.04M |
| Price per sq ft | $378 | $525 |
| Built year | 2014 | 1977 |
| HOA | $170.0 | $332 |
| Days on market | 42 | 75 |
Jul 18, 2026
$719,900
$749,000
-4% Price Drop
Initial Listing
Jun 10, 2026
$749,000
Initial Listing
Feb 20, 2015
$399,000
Public Record