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15840 Clearwater, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath

15840 Clearwater, Palm Springs, California 92262 home-pic-0
ACTIVE$484,900
15840 Clearwater, Palm Springs, California 92262
4Beds
2Baths
1,752Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($472,271.27) is $12,628.73 (2%) lower than the list price ($484,900). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Investment Potential: The property boasts a superb AirBnB history, making it an attractive and potentially lucrative investment opportunity for short-term rentals.
Top Cons:
Above Estimated Value: The current listing price is approximately 4% higher than the property's estimated market value, which may require careful consideration during negotiations.

Compared to the nearby listings

Price:$484.9K vs avg $925.0K ($-440,100)5%
Size:1,752 sqft vs avg 2,096 sqft38%
Price/sqft:$277 vs avg $4908%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is 18 years old, fitting within the 'Good' category's age range. The listing describes it as 'fully updated,' 'well-maintained,' and 'ready to move in.' While the kitchen is functional and clean, it features tiled countertops and a mix of appliance ages (older white refrigerator/range, newer stainless dishwasher), suggesting it hasn't undergone a full, recent high-end renovation. Bathrooms are clean and functional but basic in style. Tile flooring is consistent and in good condition throughout. Major systems like the 5-ton A/C and dual-pane windows are noted as efficient. The property is move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria.
Year Built
2006
Close
-
List price
$485K
Original List price
$485K
Price/Sqft
$277
HOA
-
Days on market
-
Sold On
-
MLS number
IV25250909
Home ConditionGood
Features
Excellent View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Great North Palm Springs home is now available. First-time home buyer or a seasoned investor looking for a property with superb AirBnB history, this home is a great buy! Located in San Jacinto Cove neighborhood of Palm Springs, just minutes away to shops and restaurants, this home has both the ultimate privacy and beautiful mountain views. Clearwater Way is the last street in the neighborhood, across from open fields and mountain hiking. The views from this home are spectacular at night if peace and tranquility is your desire, this is truly the home for you. This fully updated and spacious custom home has 4 bedrooms and 2.5 baths, has been well-maintained, and is ready to move in, with tons of great features including: ceiling fans, large laundry room,extra large primary suite with walk-in closet, energy efficient dual pane windows and sliders, a powerful 5-ton A/C, tile flooring throughout, and an extra large 2-car garage and room for more parking in the driveway. The rear yard is fully private with a block wall fence, updated landscape, perfect for relaxation and extremely low maintenance.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•5.2mi
4/10
Raymond Cree Middle School
Public,•6-8•5.8mi
6/10
Palm Springs High School
Public,•9-12•7.7mi
4/10
Desert Learning Academy
Public,•K-12•7.7mi

Price History

Date
Event
Price
11/05/24
Sold
$489,000
06/26/09
Sold
$73,500
08/03/05
Sold
$95,000
Condition Rating
Good
Built in 2006, this property is 18 years old, fitting within the 'Good' category's age range. The listing describes it as 'fully updated,' 'well-maintained,' and 'ready to move in.' While the kitchen is functional and clean, it features tiled countertops and a mix of appliance ages (older white refrigerator/range, newer stainless dishwasher), suggesting it hasn't undergone a full, recent high-end renovation. Bathrooms are clean and functional but basic in style. Tile flooring is consistent and in good condition throughout. Major systems like the 5-ton A/C and dual-pane windows are noted as efficient. The property is move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Strong Investment Potential: The property boasts a superb AirBnB history, making it an attractive and potentially lucrative investment opportunity for short-term rentals.
Exceptional Privacy & Views: Situated on the last street across from open fields, the home offers ultimate privacy, beautiful mountain views, and direct access to hiking.
Turnkey & Well-Maintained: This fully updated and well-maintained custom home is described as 'ready to move in,' minimizing immediate expenses and effort for a new owner.
Modern Comfort & Efficiency: Equipped with a powerful 5-ton A/C unit and energy-efficient dual-pane windows/sliders, ensuring comfort and potential energy savings.
Spacious & Functional Layout: Features a practical 4-bedroom, 2.5-bath layout, an extra-large primary suite with a walk-in closet, a large laundry room, and an oversized 2-car garage.

Cons

Above Estimated Value: The current listing price is approximately 4% higher than the property's estimated market value, which may require careful consideration during negotiations.
Absence of Private Pool/Spa: Despite its Palm Springs location, a key amenity for many residents and vacation renters, the property does not include a private pool or spa.
Suburban School Proximity: The closest schools are located 5-7 miles away, which could be a consideration for families prioritizing closer educational facilities.

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