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162 Lost River Drive, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 4 bath

162 Lost River Drive, Palm Desert, California 92211 home-pic-0
ACTIVE$685,000$2,184/sqft
162 Lost River Drive, Palm Desert, California 92211
2Beds
4Baths
2,184Sqft
3,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prestigious Guard-Gated Community: Located within The Lakes Country Club, a highly prestigious guard-gated community in Palm Desert, offering security, exclusivity, and a luxurious lifestyle.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3500, other record lot size in square feet = 2155.

Compared to the nearby listings

Price:$685.0K vs avg $470.1K (+$214,850)80%
Size:2,184 sqft vs avg 1,580.5 sqft85%
Price/sqft:$314 vs avg $31450%

More Insights

Built in 1983 (43 years old).
Condition: Built in 1983, this property is well-maintained and appears move-in ready. However, the kitchen features white cabinets, granite countertops, and black appliances that, while functional, are dated in style. Bathrooms also show older tile work, vanity styles, and light fixtures consistent with renovations from 15-30 years ago rather than recent updates. While some flooring appears newer, the overall aesthetic in key areas suggests the home is aged but maintained, requiring minor updates to meet current design standards.
Year Built
1983
Close
-
List price
$685K
Original List price
$685K
Price/Sqft
$314
HOA
$1,887
Days on market
-
Sold On
-
MLS number
219141036DA
Home ConditionFair
Features
Excellent View: Lake, Mountain(s)
Patio
ViewLake, Mountain(s)

About this home

Welcome to The Lakes Country Club - Where Life Well Lived Becomes Your Daily RealityDiscover an exceptional lifestyle in this prime Laramie residence, perfectly positioned within Palm Desert's most prestigious guard-gated community. Here, every day unfolds with the promise of world-class recreation, refined comfort, and effortless luxury.Begin your mornings on the east-facing patio, where a cascading waterfall provides a serene soundtrack as you savor your coffee in the energizing morning sun. As evening approaches, the same space transforms into your private sanctuary - the perfect setting to unwind with a glass of wine in the cool desert shade.This thoughtfully designed 2,184-square-foot home features 2 spacious bedrooms, 4 baths, and an enclosed atrium that adds versatile living space. Soaring ceilings and expansive windows bathe every room in natural light, creating an atmosphere of openness and tranquility throughout.Location matters, and this residence delivers. Enjoy convenient access to both main and side gates, with the newly renovated Clubhouse just moments away. The Lakes Lifestyle Awaits.The spectacular Santa Rosa Room awaits your dinner gatherings with friends and family, while the impressive wine room adds a touch of sophistication to every visit.Golf enthusiasts will thrive with 27 championship holes spread across three distinctive courses. The state-of-the-art Lifestyle and Wellness Center offers members a comprehensive range of fitness experiences and rejuvenating spa packages. Tennis players and pickleball devotees will find their home at The Lakes Racquet Center, proudly recognized as 'America's Home for Pickleball.'From breathtaking pools and spas to exceptional dining and world-class recreational facilities - all included in your HOA fees - The Lakes Country Club elevates everyday living to an art form.This isn't just a home. It's your gateway to the lifestyle you've been dreaming of.

S
Stephen Powell
Listing Agent

Nearby schools

8/10
James Earl Carter Elementary School
Public,•K-5•1.1mi
7/10
Palm Desert High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
12/02/96
Sold
$255,000
06/02/20
Sold
$287,000
04/28/09
Sold
$340,000
09/03/04
Sold
$450,000
Condition Rating
Fair
Built in 1983, this property is well-maintained and appears move-in ready. However, the kitchen features white cabinets, granite countertops, and black appliances that, while functional, are dated in style. Bathrooms also show older tile work, vanity styles, and light fixtures consistent with renovations from 15-30 years ago rather than recent updates. While some flooring appears newer, the overall aesthetic in key areas suggests the home is aged but maintained, requiring minor updates to meet current design standards.
Pros & Cons

Pros

Prestigious Guard-Gated Community: Located within The Lakes Country Club, a highly prestigious guard-gated community in Palm Desert, offering security, exclusivity, and a luxurious lifestyle.
Extensive World-Class Amenities: Residents enjoy access to 27 championship golf holes, a state-of-the-art Lifestyle and Wellness Center, Racquet Center for tennis/pickleball, breathtaking pools, spas, and exceptional dining, all included in HOA fees.
Desirable Outdoor Living & Views: Features an east-facing patio with a cascading waterfall, perfect for enjoying morning sun and evening shade, complemented by scenic lake and mountain views.
Spacious & Light-Filled Interior: The 2,184-square-foot home boasts a thoughtfully designed layout, including an enclosed atrium for versatile living space, soaring ceilings, and expansive windows that provide abundant natural light.
Convenient Community Location: The residence offers convenient access to both main and side gates of the community, with the newly renovated Clubhouse just moments away, enhancing ease of access to amenities.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3500, other record lot size in square feet = 2155.
High Monthly HOA Fees: The association fee of $1,887.00 per month, while inclusive of extensive amenities, represents a significant ongoing cost that may be a barrier for some potential buyers.
Property Age: Built in 1983, the property is over 40 years old, which could suggest the presence of older systems or finishes that may require updates or higher maintenance compared to newer constructions.
Condominium Ownership Limitations: As a condominium, the property may entail shared walls, potentially less private outdoor space, and HOA restrictions on property modifications or usage, which might not suit all buyer preferences.
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