1409 N Sunrise Way 51, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1409 N Sunrise Way 51, Palm Springs, California 92262 home-pic-0
ACTIVE$325,000
1409 N Sunrise Way 51, Palm Springs, California 92262
2Beds
2Baths
1,170Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Land Ownership: The property includes land ownership, a significant advantage for a condo in Palm Springs, avoiding leasehold complexities and offering greater long-term value.
Top Cons:
High Association Fees: The monthly association fee of $550 is substantial and adds a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$325.0K vs avg $337.0K ($-12,000)47%
Size:1,170 sqft vs avg 1,068 sqft62%
Price/sqft:$278 vs avg $34619%

More Insights

Built in 1973 (52 years old).
Condition: Despite being built in 1973, the property benefits from significant recent upgrades including newer appliances, A/C system, windows, and doors, which are crucial for major systems and overall comfort. The living room features updated wood-look laminate flooring and vaulted ceilings. The bathroom has a modern vanity and an updated glass-enclosed shower. While the kitchen's aesthetic (white appliances, basic countertops, fluorescent lighting) is dated, the appliances are noted as 'newer' and the space is clean and functional. The property is move-in ready with no immediate functional renovations required, aligning with the 'Good' score criteria for a property with updated major systems and some updated components, even if not a full recent stylistic renovation.
Year Built
1973
Close
-
List price
$325K
Original List price
$325K
Price/Sqft
$278
HOA
$550
Days on market
-
Sold On
-
MLS number
219128603DA
Home ConditionGood
Features
Good View: Mountain(s), Peek-A-Boo
Deck
ViewMountain(s), Peek-A-Boo

About this home

You Own the Land! Beautiful & Quiet 2-Bed, 2-Bath Condo in Central Palm SpringsWelcome to your private desert retreat! This charming condo offers 2 spacious ensuite bedrooms, perfectly separated for maximum privacy--ideal for guests or roommates.Step into the vaulted-ceiling living room, where natural light pours in and your private patio frames stunning mountain views.Recent upgrades include newer appliances, A/C system, windows, and doors, ensuring comfort and efficiency.Located in a gated community, enjoy access to resort-style amenities: Two pools, tennis courts, a fitness center, Clubhouse and meticulously maintained landscaping.Whether you're looking for a full-time residence, a vacation getaway, or an investment opportunity, this centrally located gem has it all.HOA allows 2 week minimum rentals. Buyer to verify with HOA and City of PS.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.6mi
4/10
Raymond Cree Middle School
Public,6-80.4mi
6/10
Palm Springs High School
Public,9-121.7mi
4/10
Desert Learning Academy
Public,K-121.9mi
Condition Rating
Good

Despite being built in 1973, the property benefits from significant recent upgrades including newer appliances, A/C system, windows, and doors, which are crucial for major systems and overall comfort. The living room features updated wood-look laminate flooring and vaulted ceilings. The bathroom has a modern vanity and an updated glass-enclosed shower. While the kitchen's aesthetic (white appliances, basic countertops, fluorescent lighting) is dated, the appliances are noted as 'newer' and the space is clean and functional. The property is move-in ready with no immediate functional renovations required, aligning with the 'Good' score criteria for a property with updated major systems and some updated components, even if not a full recent stylistic renovation.
Pros & Cons

Pros

Land Ownership: The property includes land ownership, a significant advantage for a condo in Palm Springs, avoiding leasehold complexities and offering greater long-term value.
Recent Upgrades: The condo features recent upgrades including newer appliances, A/C system, windows, and doors, ensuring modern comfort and efficiency for the buyer.
Resort-Style Amenities & Gated Community: Located within a secure gated community, residents enjoy access to two pools, tennis courts, a fitness center, and a clubhouse, offering a luxurious lifestyle.
Central Location & Mountain Views: Situated in a central Palm Springs location, the property offers convenient access to city attractions and features a private patio with stunning mountain views.
Investment & Lifestyle Versatility: The property is suitable for full-time residency, a vacation getaway, or an investment, with HOA rules allowing flexible 2-week minimum rentals.

Cons

High Association Fees: The monthly association fee of $550 is substantial and adds a significant recurring cost to homeownership.
Age of Building: Built in 1973, the property is over 50 years old, which, despite recent upgrades, may imply potential for future maintenance needs in common areas or original structural components.
Limited View: While offering mountain views, the 'Peek-A-Boo' description suggests the vista may not be fully expansive or unobstructed, potentially limiting its appeal compared to panoramic views.

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