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1275 Palmas Ridge, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1275 Palmas Ridge, Palm Springs, California 92262 home-pic-0
ACTIVE$559,900
1275 Palmas Ridge, Palm Springs, California 92262
3Beds
2Baths
1,630Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($502,794.055) is $57,105.945 (10%) lower than the list price ($559,900). This property may be overpriced.

Key pros and cons

Top Pros:
Gated Community & Resort-Style Amenities: Located in the desirable, professionally managed Mountain Gate community, offering security, 3 pools/hot tubs, 2 tennis courts, a basketball court, hiking trails, and expansive greenbelts, fostering a strong sense of community.
Top Cons:
Significant Price Reductions: The property has undergone multiple price reductions, from an original list price of $610,000 down to $559,900, which may raise buyer questions regarding market value or time on market.

Compared to the nearby listings

Price:$559.9K vs avg $925.0K ($-365,100)10%
Size:1,630 sqft vs avg 2,096 sqft32%
Price/sqft:$343 vs avg $49022%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is 18 years old and appears exceptionally well-maintained, aligning with the 'Good' condition criteria. The description states it 'looks and feels brand new,' which is supported by the pristine condition seen in the images. The kitchen features wood-tone cabinets, granite countertops, and a mix of black and stainless steel appliances, all in good, functional condition. The bathrooms also present well with matching vanities and granite. While immaculate and move-in ready, the styles of the kitchen and bathrooms reflect the home's original build era rather than a recent, extensive renovation to current modern standards, thus preventing an 'Excellent' rating. All flooring (tile and carpet) and fixtures appear clean and well-kept.
Year Built
2006
Close
-
List price
$560K
Original List price
$610K
Price/Sqft
$343
HOA
$160
Days on market
-
Sold On
-
MLS number
IG25140220
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to this immaculate 3 bedroom, 2 bathroom single-story home located in the desirable, gated community of Mountain Gate in Palm Springs. With tile flooring throughout and a bright, open layout, this home offers the perfect blend of comfort, style, and low-maintenance living. Whether you're looking for a full-time residence, a vacation getaway, or a long-term rental investment, this property checks all the boxes. Enjoy the Palm Springs lifestyle with over 350 days of sunshine each year and stunning views of the San Jacinto, Santa Rosa, and San Bernardino mountains. Mountain Gate is a professionally managed, resort-style community featuring 3 sparkling pools and hot tubs, 2 tennis courts, a basketball court, scenic hiking trails, and expansive greenbelts—ideal for pets and outdoor enjoyment. A strong sense of community thrives here, with planned neighborhood events, parties, and gatherings throughout the year. The low HOA of just adds to the appeal. Located just minutes from the vibrant heart of Palm Springs, you’ll have easy access to boutique shopping, trendy restaurants, high-quality medical facilities, and the Palm Springs International Airport—just a short 15-minute drive away. This home looks and feels brand new—don’t miss your chance to own a piece of paradise in one of the area’s most sought-after communities.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•1.7mi
7/10
Katherine Finchy Elementary School
Public,•K-5•2.5mi
4/10
Raymond Cree Middle School
Public,•6-8•2.3mi
6/10
Palm Springs High School
Public,•9-12•4.3mi
4/10
Desert Learning Academy
Public,•K-12•4.3mi
Condition Rating
Good
Built in 2006, this property is 18 years old and appears exceptionally well-maintained, aligning with the 'Good' condition criteria. The description states it 'looks and feels brand new,' which is supported by the pristine condition seen in the images. The kitchen features wood-tone cabinets, granite countertops, and a mix of black and stainless steel appliances, all in good, functional condition. The bathrooms also present well with matching vanities and granite. While immaculate and move-in ready, the styles of the kitchen and bathrooms reflect the home's original build era rather than a recent, extensive renovation to current modern standards, thus preventing an 'Excellent' rating. All flooring (tile and carpet) and fixtures appear clean and well-kept.
Pros & Cons

Pros

Gated Community & Resort-Style Amenities: Located in the desirable, professionally managed Mountain Gate community, offering security, 3 pools/hot tubs, 2 tennis courts, a basketball court, hiking trails, and expansive greenbelts, fostering a strong sense of community.
Prime Palm Springs Location & Views: Minutes from the vibrant heart of Palm Springs with easy access to shopping, dining, medical facilities, and the airport. The property also boasts stunning mountain views.
Excellent Condition & Low Maintenance: Described as 'immaculate' and 'looks and feels brand new,' this single-story home features tile flooring throughout and a bright, open layout, promoting comfortable, low-maintenance living.
Versatile Investment Potential: The property is suitable for a full-time residence, a vacation getaway, or a long-term rental investment, appealing to a broad range of potential buyers.
Low HOA Fees: The association fee of $160.00 is notably low for a community offering such extensive resort-style amenities, adding significant value to ownership.

Cons

Significant Price Reductions: The property has undergone multiple price reductions, from an original list price of $610,000 down to $559,900, which may raise buyer questions regarding market value or time on market.
Moderate Property and Lot Size: With 1630 sqft of living space and a 5663 sqft lot, the property offers a comfortable but moderate size, which might not appeal to buyers seeking larger homes or expansive private outdoor spaces.
Reliance on Community for Recreation: While the community boasts extensive amenities, the property description does not highlight private outdoor features like a personal pool or a large, custom-landscaped yard, which are often sought after by Palm Springs buyers for private enjoyment.

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