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153 Merano Way, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath

153 Merano Way, Palm Desert, California 92211 home-pic-0
ACTIVE$929,000
153 Merano Way, Palm Desert, California 92211
3Beds
3Baths
2,630Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($690,238.935) is $238,761.065 (25%) lower than the list price ($929,000). This property may be overpriced.

Key pros and cons

Top Pros:
Owned Solar System: The property features an owned solar system, offering significant long-term energy cost savings for the homeowner.
Top Cons:
Significant Overpricing: The current listing price of $929,000 is 25% higher than the estimated property value of $690,238.935, suggesting it may be significantly overpriced relative to market comparables.

Compared to the nearby listings

Price:$929.0K vs avg $540.0K (+$389,000)91%
Size:2,630 sqft vs avg 1,896 sqft88%
Price/sqft:$353 vs avg $30779%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is in excellent condition for its age and is move-in ready. The kitchen features stainless steel appliances and granite countertops, which are well-maintained and functional, though the style is consistent with its build year rather than a recent modern renovation. Bathrooms are also very clean and well-kept, with dual vanities and separate tub/shower, but the tiled countertops reflect an earlier aesthetic. The home benefits from an owned solar system and high ceilings, indicating good quality and maintenance. While the overall style is Mediterranean and not ultra-modern, there are no immediate renovation needs or signs of significant wear and tear.
Year Built
2005
Close
-
List price
$929K
Original List price
$965K
Price/Sqft
$353
HOA
$120
Days on market
-
Sold On
-
MLS number
219129109PS
Home ConditionGood
Features
Good View: Desert, Mountain(s), Pool
Pool
Spa
Patio
ViewDesert, Mountain(s), Pool

About this home

Gorgeous Mediterranean Designed Pool Home In Brenna At Capri with OWNED Solar. This spacious 4 bedroom and 3 bathroom home has high ceilings throughout along with abundant natural lighting. Resting on a large corner lot, this home has great indoor and outdoor amenities. The luxurious kitchen with stainless steel appliances, a pantry & island opens to the living room with soaring ceilings. Living room features a fireplace plus access to the outdoor living with covered patio. Adjacent to the living room, find the cozy den and wet bar. Large master suite has a walk in closet plus full bathroom featuring a separate tub and shower along with dual vanities. Two of the three guest bedrooms feature a Jack and Jill bathroom in between them. The outdoor living space has a large pool and spa, ample decking to entertain, a custom BBQ and palapa area plus a separate firepit. Brenna @Capri has low HOAs dues and is conveniently located on Country Club. We are minutes from lots of great shopping and dining. Call me today for additional details

Nearby schools

6/10
Ronald Reagan Elementary School
Public,•K-5•0.1mi
5/10
Colonel Mitchell Paige Middle School
Public,•6-8•2.1mi
7/10
Palm Desert High School
Public,•9-12•2.9mi
Condition Rating
Good
Built in 2005, this property is in excellent condition for its age and is move-in ready. The kitchen features stainless steel appliances and granite countertops, which are well-maintained and functional, though the style is consistent with its build year rather than a recent modern renovation. Bathrooms are also very clean and well-kept, with dual vanities and separate tub/shower, but the tiled countertops reflect an earlier aesthetic. The home benefits from an owned solar system and high ceilings, indicating good quality and maintenance. While the overall style is Mediterranean and not ultra-modern, there are no immediate renovation needs or signs of significant wear and tear.
Pros & Cons

Pros

Owned Solar System: The property features an owned solar system, offering significant long-term energy cost savings for the homeowner.
Exceptional Outdoor Living Space: The outdoor area is designed for entertainment, boasting a large pool and spa, ample decking, a custom BBQ, a palapa area, and a separate firepit.
Spacious Interior with High Ceilings: The home offers a spacious layout with high ceilings throughout and abundant natural lighting, creating an open and inviting atmosphere.
Luxurious Kitchen & Master Suite: The kitchen is well-appointed with stainless steel appliances, a pantry, and an island, while the master suite includes a walk-in closet, separate tub and shower, and dual vanities.
Low HOA Dues & Convenient Location: The property benefits from low HOA dues and is conveniently located on Country Club, minutes from shopping and dining options.

Cons

Significant Overpricing: The current listing price of $929,000 is 25% higher than the estimated property value of $690,238.935, suggesting it may be significantly overpriced relative to market comparables.
Recent Price Reduction: The property has already seen a price reduction from its original list price of $965,000, which could indicate a struggle to attract buyers at previous price points.
Potentially Dated Architectural Style: Described as 'Mediterranean Designed,' this architectural style, while appealing to some, might be considered less contemporary by a broader market, potentially limiting buyer appeal or requiring updates.

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