151 S Tahquitz Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath

151 S Tahquitz Drive, Palm Springs, California 92262 home-pic-0
ACTIVE$1,750,000
151 S Tahquitz Drive, Palm Springs, California 92262
3Beds
3Baths
1,883Sqft
5,227Lot
Year Built
1985
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$929
HOA
-
Days on market
-
Sold On
-
MLS number
219126314PS
Home ConditionGood
Features
Excellent View: City Lights, Canyon
Deck
Pool
Spa
ViewCity Lights,Canyon

About this home

Possibly Over-Priced:The estimated price is 43% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.75M(87th), sqft - 1883(40th), beds - 3(50th), baths - 3(50th).

Tucked away in one of the most desirable and highly sought-after enclave of the Historic Tennis Club neighborhood. Adjacent to the exclusive 29 Colony, this is where you can unwind and enjoy the true Palm Springs life-style, surrounded by the dramatic and calming San Jacinto mountains. Between the unique hillside location, the impressive grotto-like pool & spa carved in the rocks, and the magnificent back drop mountain views, this home is truly special. With picturesque landscape and Mediterranean modern design, this house sits in one of the best locations, ideal for long term residency, or vacation rental with incredible income producing potential. Originally designed with two bedrooms on the main level and two smaller rooms below, current layout has a total of 3BDR,3BA with the luxury master with fireplace and ensuite bath at main level, that can easily be converted into the original two bedrooms, if desired. Featuring soaring vaulted ceilings,exposed wood beams and open concept living space, this home offers an updated kitchen with breakfast bar, french doors and high clerestory windows to capture an abundance of natural light with views from each corner. Adding to the charm are the hardwood floors, the front & side porches, including a private inconspicuous roof-top deck, perfect for treating yourself with a book or simply absorb the sunset's energy.The 2Car garage has additional large space that could be connected to one of the bedroom to create a casita. No HOA, Owned solar system.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-51.3mi
7/10
Katherine Finchy Elementary School
Public,K-51.4mi
4/10
Raymond Cree Middle School
Public,6-81.9mi
4/10
Desert Learning Academy
Public,K-121.9mi
6/10
Palm Springs High School
Public,9-122.0mi
Condition Rating
Good

Built in 1985, this property is 39 years old, but it has undergone significant updates that make it move-in ready. The kitchen features stainless steel appliances and granite countertops, which appear to have been updated within the last 5-15 years, aligning with the 'Good' criteria for extensive renovation. The bathrooms also show similar updated finishes. Hardwood floors are present throughout the main living areas, and the property benefits from an owned solar system, a modern and valuable addition. While not a brand-new construction, the renovations and overall well-maintained condition mean no immediate major updates are required.
Pros & Cons

Pros

Prime Historic Location: Situated in the highly desirable and sought-after Historic Tennis Club neighborhood, adjacent to the exclusive 29 Colony.
Exceptional Mountain & City Views: Offers dramatic San Jacinto mountain views, city lights, and canyon vistas, enhancing lifestyle and value.
Unique Resort-Style Amenities: Features an impressive grotto-like pool & spa carved in rocks and a private rooftop deck, providing distinct leisure spaces.
Strong Income & Investment Potential: Ideal for long-term residency or as a vacation rental with significant income-producing potential, complemented by no HOA fees.
Updated Interior & Energy Efficiency: Boasts an updated kitchen, vaulted ceilings, exposed wood beams, open concept living, and an owned solar system.

Cons

Significant Price Overestimation: The listing price of $1.75M is considerably higher than the estimated property value of approximately $994K, suggesting a potential overvaluation.
Property Age & Potential for Updates: Built in 1985, the property is nearly 40 years old, which may necessitate future maintenance or updates to compete with newer constructions.
Non-Standard Bedroom Configuration: The flexible bedroom layout, originally 2 bedrooms plus two smaller rooms, and the master's convertibility, could indicate a non-traditional floor plan that might not suit all buyer preferences.

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