1521 E Via Roberto Miguel, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
1521 E Via Roberto Miguel
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 1521 E Via Roberto Miguel, Palm Springs, California 92262 reveals a property with a current list price of $599,000, which is 56% above the estimated $263,097 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1521 E Via Roberto Miguel Subject | $599,000* List Price | 3 | 2 | 1,689 | $156 | - |
A 2757 E San Juan Road Sold | $733,000 | 3 | 3 | 1,655 | $443 | 0.5 mi |
B 2890 E San Marino Road Sold | $697,000 | 3 | 2 | 1,687 | $413 | 0.4 mi |
C 2643 E Venetia Road Sold | $599,900 | 3 | 2 | 1,550 | $387 | 0.7 mi |
D 2173 N Viminal Road Sold | $705,000 | 3 | 2 | 1,700 | $415 | 0.7 mi |
E 682 N Monterey Road Sold | $635,000 | 3 | 3 | 1,676 | $379 | 0.8 mi |
F 3570 E Camino Rojos Active | $689,900 List Price | 3 | 2 | 1,884 | $366 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1961, has undergone significant and sophisticated upgrades to the kitchen and bathrooms, as stated in the description and evidenced by the images. The kitchen features modern stainless steel appliances, including a commercial-grade DCS range, and updated cabinetry. The flooring appears to be a modern concrete or large tile throughout. While these key areas are in excellent condition and are move-in ready, the overall age of the property (1961) suggests that not all major systems may have been replaced within the last 5 years, aligning it more closely with the 'Good' category's criteria of being extensively renovated within 5 to 15 years and having well-maintained systems, rather than being 'virtually new' in every component.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1689.
- Architectural Significance
A Donald Wexler designed home in the iconic El Rancho Vista Estates, offering a unique piece of architectural history highly sought after in Palm Springs.
- Upgraded Interiors
Bathrooms and kitchen have been upgraded with sophistication, including a gourmet kitchen with a commercial grade DCS range, enhancing modern living.
CONSRISKS & DEFICIENCIES
- Significant Price Discrepancy
The current listing price is substantially higher than the property's estimated value, which may indicate overpricing or require strong justification for the premium.
- Age of Property Systems
Built in 1961, while architecturally significant, the property may have original or aging core systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or upgrades beyond the noted cosmetic renovations.
- Extended Market Time & Price Reduction
The property has been on the market since 2019 and has seen a significant price reduction, suggesting potential challenges in market appeal or initial pricing strategy.
About 1521 E Via Roberto Miguel
Donald Wexler designed home in iconic El Rancho Vista Estates. Four bedrooms, currently one is used as a den, one is used as a dining room. Perfect Palm Springs lifestyle home, with large saltwater pool and spa in an entertainment patio, with western mountain views, and an outdoor kitchen. Bathrooms and kitchen have been upgraded with sophistication. Gourmet kitchen features a commercial grade DCS range. Separate outdoor fenced lawn is perfect for your pets. Here is your chance to own a piece of architectural history, perfect as a full time or secondary residence, and ideal for vacation rental.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,689 | 1,964 | 34% |
| Lot Size | 9,583 | 9,583 | 50% |
| Price | $599.0K | $895.0K | 14% |
| Price per sq ft | $355 | $477 | 24% |
| Built year | 1961 | 1989 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 2581 | 179 | 0% |
Pricing History
No pricing history data available.