1865 N Via Miraleste 1822, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1865 N Via Miraleste 1822, Palm Springs, California 92262 home-pic-0
ACTIVE UNDER CONTRACT$345,000
1865 N Via Miraleste 1822, Palm Springs, California 92262
2Beds
2Baths
1,034Sqft
1,351Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Fee Land Ownership: The property is situated on fee land, a significant advantage in Palm Springs that avoids land lease payments and enhances long-term value and appreciation potential.
Top Cons:
High Monthly Association Fee: The monthly association fee of $572.39 is relatively high for a 1,034 sq. ft. condo, which could impact overall affordability and cash flow for investors.

Compared to the nearby listings

Price:$345.0K vs avg $338.0K (+$7,000)51%
Size:1,034 sqft vs avg 1,068 sqft46%
Price/sqft:$334 vs avg $34646%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this condo has undergone significant and recent updates, making it move-in ready. The kitchen features a brand-new refrigerator, newer stainless steel appliances, granite countertops, and a stylish backsplash, complemented by well-maintained cabinetry. The primary bathroom boasts a newer tile shower and updated flooring. Throughout the unit, there's newer carpet, fresh paint, and modern ceiling fans. While the building is older, the unit's interior has been extensively renovated within the last 5-15 years, ensuring major systems are functional and the property requires no immediate renovations, aligning with a 'Good' condition score.
Year Built
1980
Close
-
List price
$345K
Original List price
$345K
Price/Sqft
$334
HOA
$572.39
Days on market
-
Sold On
-
MLS number
219136978PS
Home ConditionGood
Features
Good View: Desert, Mountain(s), Pool
Deck
Pool
Spa
ViewDesert, Mountain(s), Pool

About this home

This 2 bedroom, 2 bathroom, 1,034 sq. ft. condo in the desirable Riviera Gardens community offers the ideal Palm Springs lifestyle. Smartly updated and move-in ready, this property sits on fee land (no land lease) and presents a fantastic investment opportunity.The kitchen has been upgraded with a brand-new refrigerator, newer appliances, granite counters, furniture-grade cabinetry, and a stylish backsplash. The convenience of inside laundry with newer stackable appliances adds to the functionality of the home. Other updates include newer carpet, fresh paint, and a primary suite enhanced by a newer tile shower. The second bedroom provides flexibility to serve as a guest space, home office, or game room.A spacious balcony patio extends the living area and is perfectly designed for entertaining, featuring a natural gas barbecue (no propane required) and showcasing panoramic views of the pool, spa, and surrounding mountains. The location within the community is exceptional, just steps away from both the pool and spa.The grounds of Riviera Gardens continue to evolve with a thoughtful transition to desertscape landscaping, balanced by a mindful approach to preserving and caring for an impressive collection of mature fruit trees, including fig, orange, grapefruit, lime, lemon, key lime, mandarin, and olive, which are located just outside the door. Parking is convenient with a dedicated covered carport located only steps from the unit, as well as ample guest parking for visitors.This home is being offered fully furnished at no additional cost with the right offer, making it truly move-in ready from day one. Riviera Gardens is a secure, well-situated community surrounded by million-dollar mid-century modern neighborhoods. Its location is only minutes from downtown Palm Springs and within 10 miles of Interstate 10, offering easy access to Los Angeles and beyond. Whether you are looking for a full-time residence, a vacation retreat, or a rental investment, this property combines exceptional value with the best of desert living.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-50.6mi
4/10
Raymond Cree Middle School
Public,6-80.4mi
6/10
Palm Springs High School
Public,9-122.3mi
4/10
Desert Learning Academy
Public,K-122.4mi
Condition Rating
Good

Built in 1980, this condo has undergone significant and recent updates, making it move-in ready. The kitchen features a brand-new refrigerator, newer stainless steel appliances, granite countertops, and a stylish backsplash, complemented by well-maintained cabinetry. The primary bathroom boasts a newer tile shower and updated flooring. Throughout the unit, there's newer carpet, fresh paint, and modern ceiling fans. While the building is older, the unit's interior has been extensively renovated within the last 5-15 years, ensuring major systems are functional and the property requires no immediate renovations, aligning with a 'Good' condition score.
Pros & Cons

Pros

Fee Land Ownership: The property is situated on fee land, a significant advantage in Palm Springs that avoids land lease payments and enhances long-term value and appreciation potential.
Extensive Modern Updates & Furnished Option: The condo is smartly updated with a renovated kitchen, newer appliances, fresh paint, and an upgraded primary suite, making it move-in ready. The option to purchase fully furnished adds further convenience.
Prime Location & Community Amenities: Located in the desirable Riviera Gardens, the unit is steps from the pool/spa, minutes from downtown Palm Springs, and surrounded by upscale neighborhoods, offering convenience and a vibrant lifestyle.
Strong Investment & Versatility: Positioned as a fantastic investment opportunity, this property is suitable for full-time residency, a vacation retreat, or a rental, appealing to a broad range of buyers.
Enhanced Outdoor Living & Views: A spacious balcony patio with a natural gas barbecue provides an ideal setting for entertaining, complemented by panoramic views of the pool, spa, and surrounding mountains.

Cons

High Monthly Association Fee: The monthly association fee of $572.39 is relatively high for a 1,034 sq. ft. condo, which could impact overall affordability and cash flow for investors.
Building Age: Constructed in 1980, the building is over 40 years old. While the unit is updated, the age of the overall structure and common systems may lead to higher maintenance costs or special assessments in the future.
Compact Living Space: At 1,034 sq. ft. for a 2-bedroom, 2-bathroom unit, the living space may be considered compact by some buyers, potentially limiting appeal for those seeking more expansive interiors.

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