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1971 Paseo Raqueta, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1971 Paseo Raqueta, Palm Springs, California 92262 home-pic-0
ACTIVE UNDER CONTRACT$585,000
1971 Paseo Raqueta, Palm Springs, California 92262
2Beds
2Baths
1,252Sqft
2,178Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Remodel: The condo has been tastefully remodeled throughout, featuring a modern kitchen with new cabinetry and granite countertops, and updated bathrooms with new vanities, tile work, and fixtures, making it move-in ready.
Top Cons:
High Association Fees: The monthly association fee of $672 is substantial and adds significantly to the overall cost of ownership, which may deter some buyers.

Compared to the nearby listings

Price:$585.0K vs avg $338.0K (+$247,000)84%
Size:1,252 sqft vs avg 1,068 sqft69%
Price/sqft:$467 vs avg $34887%

More Insights

Built in 1977 (48 years old).
Condition: This condo, built in 1977, has undergone an extensive and tasteful remodel throughout, as evidenced by the modern kitchen with fresh cabinetry, granite slab countertops, and stainless steel appliances. The bathrooms are also updated with new vanities, counters, tile work, and fixtures, presenting a contemporary and move-in ready condition. The flooring (tile and carpet) and light fixtures appear clean and updated. While the visible components are of high quality and appear recently renovated, the underlying structure and some major systems are still from the original 1977 construction, as noted in the property's weaknesses. This prevents an 'Excellent' score, which would require virtually all components to be new or within 5 years old. However, the significant and high-quality updates in key areas like the kitchen and bathrooms, combined with the overall well-maintained appearance, firmly place it in the 'Good' category.
Year Built
1977
Close
-
List price
$585K
Original List price
$595K
Price/Sqft
$467
HOA
$672
Days on market
-
Sold On
-
MLS number
219131888PS
Home ConditionGood
Features
Excellent View: Park/Greenbelt, Hills, Mountain(s), Panoramic
Patio
ViewPark/Greenbelt, Hills, Mountain(s), Panoramic

About this home

Beautifully Remodeled South-Facing Condo in Central Palm SpringsExperience desert living at its finest in this stunning 2-bedroom, 2-bathroom condo located in the highly sought-after Sunrise Racquet Club. This south-facing unit has been tastefully remodeled throughout -- featuring a modern kitchen with fresh cabinetry and granite slab countertops, as well as updated bathrooms with new vanities, counters, tile work, toilets, and a relaxing tub in the guest bath.Bright and airy, the home is bathed in natural light thanks to its ideal southern exposure. Two expansive, separate patios offer breathtaking mountain views and are perfect for alfresco dining or quiet mornings with a cup of coffee.Additional highlights include:1-car garage to keep your vehicle cool during hot summer monthsAccess to resort-style amenities including multiple pools and spas, tennis and pickleball courtsSituated on fee land -- you own it!Beautifully landscaped, gated community with a tranquil, resort-like feelConvenient location just minutes from downtown Palm Springs, parks, gyms, shopping, restaurants, and nightlifeThis move-in-ready gem combines comfort, style, and the vibrant Palm Springs lifestyle. Don't miss this opportunity to own a piece of paradise!

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.8mi
4/10
Raymond Cree Middle School
Public,•6-8•0.8mi
6/10
Palm Springs High School
Public,•9-12•1.4mi
4/10
Desert Learning Academy
Public,•K-12•1.6mi
Condition Rating
Good
This condo, built in 1977, has undergone an extensive and tasteful remodel throughout, as evidenced by the modern kitchen with fresh cabinetry, granite slab countertops, and stainless steel appliances. The bathrooms are also updated with new vanities, counters, tile work, and fixtures, presenting a contemporary and move-in ready condition. The flooring (tile and carpet) and light fixtures appear clean and updated. While the visible components are of high quality and appear recently renovated, the underlying structure and some major systems are still from the original 1977 construction, as noted in the property's weaknesses. This prevents an 'Excellent' score, which would require virtually all components to be new or within 5 years old. However, the significant and high-quality updates in key areas like the kitchen and bathrooms, combined with the overall well-maintained appearance, firmly place it in the 'Good' category.
Pros & Cons

Pros

Extensive Remodel: The condo has been tastefully remodeled throughout, featuring a modern kitchen with new cabinetry and granite countertops, and updated bathrooms with new vanities, tile work, and fixtures, making it move-in ready.
Prime Location & Views: Situated in central Palm Springs with a desirable south-facing exposure, offering abundant natural light, breathtaking mountain views, and convenient access to downtown, parks, shopping, and nightlife.
Resort-Style Amenities: Residents have access to multiple pools, spas, tennis, and pickleball courts within a beautifully landscaped, gated community, providing a tranquil and luxurious living experience.
Fee Land Ownership: The property is on fee land, meaning the buyer owns the land outright, which is a significant advantage in Palm Springs where many properties are on leased land.
Dedicated Parking: Includes a 1-car garage, providing secure and cool parking, a valuable asset in the Palm Springs climate.

Cons

High Association Fees: The monthly association fee of $672 is substantial and adds significantly to the overall cost of ownership, which may deter some buyers.
Age of Building: Built in 1977, despite extensive remodels, the underlying structure and some systems are over 45 years old, potentially leading to unforeseen maintenance or repair costs not covered by the HOA.
Condominium Living Restrictions: As a condominium, owners are subject to HOA rules and regulations, which can limit personal modifications or activities, and shared walls may lead to noise concerns from neighbors.

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