1468 S Camino Real, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
ACTIVE$414,969
1468 S Camino Real, Palm Springs, California 92264
2Beds
2Baths
1,054Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Excellent Location: The property boasts a prime location, being close to downtown Palm Springs, offering easy access to restaurants and shops.
Top Cons:
High Association Fees: The monthly association fee of $477.06 is substantial and adds a significant recurring cost to ownership.
Compared to the nearby listings
Price:$415.0K vs avg $439.4K ($-24,481)45%
Size:1,054 sqft vs avg 1,307 sqft19%
Price/sqft:$394 vs avg $34070%
More Insights
Built in 1973 (52 years old).
Condition: Built in 1973, this property is over 50 years old. While the listing states it is 'well maintained' and features 'granite counters' in the kitchen, the images reveal that the kitchen's wood cabinets and white appliances, along with the bathroom's tile choices, vanity styles, and light fixtures (including a gold-tone shower frame in one bath), suggest renovations that are now 15-30 years old. The hardwood floors are a positive, but the overall aesthetic of the key areas is dated, indicating a need for minor updates to meet current styles, aligning with the 'fair' condition criteria.
Year Built
1973
Close
-
List price
$415K
Original List price
$415K
Price/Sqft
$394
HOA
$477.06
Days on market
-
Sold On
-
MLS number
219130928PS
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Spa
ViewMountain(s)
About this home
This Phase 2 Biltmore condo is a 2 bed, 2 bath, single car garage spilt level home just waiting for you. The Biltmore is sought after by many vacationers year after year so don't miss out. Close to downtown Palm Springs, restaurants and shops. Well maintained corner unit. Open floor plan, high ceiling, huge living room which leads you to the balcony where you can enjoy awesome views of the San Jacinto mountains. Open kitchen with granite counters. Main bedroom offers 2 closets, a Juliet balcony with on-suit. Laundry is in Hallway. The Biltmore offers a 30 night minimum rental period.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•0.3mi
4/10
Raymond Cree Middle School
Public,•6-8•2.9mi
4/10
Desert Learning Academy
Public,•K-12•1.3mi
6/10
Palm Springs High School
Public,•9-12•1.6mi
Condition Rating
Fair
Built in 1973, this property is over 50 years old. While the listing states it is 'well maintained' and features 'granite counters' in the kitchen, the images reveal that the kitchen's wood cabinets and white appliances, along with the bathroom's tile choices, vanity styles, and light fixtures (including a gold-tone shower frame in one bath), suggest renovations that are now 15-30 years old. The hardwood floors are a positive, but the overall aesthetic of the key areas is dated, indicating a need for minor updates to meet current styles, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Excellent Location: The property boasts a prime location, being close to downtown Palm Springs, offering easy access to restaurants and shops.
Mountain Views: Enjoy awesome views of the San Jacinto mountains from the private balcony, enhancing the property's aesthetic appeal.
Investment Potential: The Biltmore subdivision is highly sought after by vacationers, and the 30-night minimum rental period allows for significant income potential.
Desirable Interior Features: The condo features an open floor plan, high ceilings, a huge living room, an open kitchen with granite counters, and a main bedroom with two closets and a Juliet balcony.
Well-Maintained Corner Unit: As a well-maintained corner unit, the property likely benefits from increased natural light and privacy compared to interior units.
Cons
High Association Fees: The monthly association fee of $477.06 is substantial and adds a significant recurring cost to ownership.
Age of Property: Built in 1973, the property is over 50 years old, which may imply older systems or potential for future maintenance and renovation needs despite being well-maintained.
Split-Level Design: The split-level layout, while offering architectural character, may not appeal to all buyers, particularly those seeking single-level living or with accessibility concerns.