1450 Tamarisk Rd, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath

1450 Tamarisk Rd, Palm Springs, California 92262 home-pic-0
ACTIVE$1,299,999
1450 Tamarisk Rd, Palm Springs, California 92262
3Beds
3Baths
2,165Sqft
10,454Lot

Price Vs. Estimate

The estimated value ($1,158,916.48) is $141,082.52 (10%) lower than the list price ($1,299,999). This property may be overpriced.

Key pros and cons

Top Pros:
Attached Accessory Dwelling Unit (ADU): The property features a rare and versatile attached ADU, offering exceptional flexibility for extended living, guest accommodations, or a dedicated workspace with separate entrances and full functionality.
Top Cons:
Age of Property: Built in 1966, the property may require updates to core systems (e.g., plumbing, electrical, HVAC) or cosmetic renovations to meet contemporary standards, potentially incurring additional costs.

Compared to the nearby listings

Price:$1.30M vs avg $925.0K (+$374,999)72%
Size:2,165 sqft vs avg 2,100 sqft51%
Price/sqft:$600 vs avg $49170%

More Insights

Built in 1966 (59 years old).
Condition: Built in 1966, this property shows a mix of updates and original features. The main kitchen has modern white shaker cabinets, white countertops, and stainless steel appliances (range, microwave), but the floor tile and some light fixtures appear older. The bathrooms are largely dated with tiled countertops, integrated sinks, and older light fixtures. The ADU kitchen is also significantly outdated with older appliances and finishes. While the living areas feature newer LVP flooring and some updated ceiling fans, the overall condition reflects a home that has been maintained with occasional updates rather than a comprehensive recent renovation. It is functional and livable but requires minor cosmetic updates, especially in the bathrooms and ADU kitchen, to meet contemporary standards.
Year Built
1966
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$600
HOA
-
Days on market
-
Sold On
-
MLS number
IG25238583
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
ViewMountain(s)

About this home

Welcome to this rare and versatile dual-living retreat in Palm Springs, featuring a seamlessly attached Accessory Dwelling Unit (ADU). The main residence features two bedrooms and two full bathrooms, with an open floor plan that seamlessly flows from the living area through the dining and kitchen spaces, enhanced by natural light and an effortless indoor–outdoor connection. The attached ADU features a spacious primary bedroom, a private bathroom, and a dedicated living area with direct access to the outdoor pool and spa. This thoughtfully designed layout offers options for extended living, guest accommodations, or flexible workspace. all within a single, cohesive property. Step outside to enjoy the pool, relaxing spa, and inviting outdoor lounge areas framed by mature landscaping. With separate entrances and full functionality throughout, this property offers exceptional versatility and comfort.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.6mi
4/10
Raymond Cree Middle School
Public,6-80.8mi
6/10
Palm Springs High School
Public,9-121.2mi
4/10
Desert Learning Academy
Public,K-121.4mi
Condition Rating
Fair

Built in 1966, this property shows a mix of updates and original features. The main kitchen has modern white shaker cabinets, white countertops, and stainless steel appliances (range, microwave), but the floor tile and some light fixtures appear older. The bathrooms are largely dated with tiled countertops, integrated sinks, and older light fixtures. The ADU kitchen is also significantly outdated with older appliances and finishes. While the living areas feature newer LVP flooring and some updated ceiling fans, the overall condition reflects a home that has been maintained with occasional updates rather than a comprehensive recent renovation. It is functional and livable but requires minor cosmetic updates, especially in the bathrooms and ADU kitchen, to meet contemporary standards.
Pros & Cons

Pros

Attached Accessory Dwelling Unit (ADU): The property features a rare and versatile attached ADU, offering exceptional flexibility for extended living, guest accommodations, or a dedicated workspace with separate entrances and full functionality.
Prime Palm Springs Location: Situated in the desirable 'Movie Colony East' subdivision within Central Palm Springs, offering a sought-after lifestyle and strong investment potential.
Private Outdoor Oasis: The exterior boasts a private pool, relaxing spa, and inviting outdoor lounge areas framed by mature landscaping, ideal for the Palm Springs climate and entertaining.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and overall value.
Versatile & Open Floor Plan: The main residence features an open floor plan with abundant natural light and a seamless indoor-outdoor connection, contributing to a comfortable and modern living experience.

Cons

Age of Property: Built in 1966, the property may require updates to core systems (e.g., plumbing, electrical, HVAC) or cosmetic renovations to meet contemporary standards, potentially incurring additional costs.
Listing Price Discrepancy: The current listing price is approximately 8% higher than the estimated property value, which could indicate it is priced above market expectations and may impact buyer interest or negotiation.
Lack of Detailed Main Residence Updates: While the ADU's functionality is highlighted, the description lacks specific details on recent renovations or modern upgrades within the main residence, suggesting potential for further investment in interior finishes.

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