200 W Via Olivera, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath

200 W Via Olivera, Palm Springs, California 92262 home-pic-0
ACTIVE$1,200,000
200 W Via Olivera, Palm Springs, California 92262
4Beds
4Baths
2,244Sqft
12,197Lot

Price Vs. Estimate

The estimated value ($1,200,000) is $0 (0%) lower than the list price ($1,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Palm Springs Location: Situated in the 'heart of Palm Springs,' offering convenient access to downtown, shopping, golf, and world-class dining.
Top Cons:
Short Sale Transaction: The property is explicitly noted as a short sale, which typically involves a more protracted and complex closing process with lender approval, potentially leading to delays or cancellation.

Compared to the nearby listings

Price:$1.20M vs avg $925.0K (+$275,000)67%
Size:2,244 sqft vs avg 2,100 sqft56%
Price/sqft:$535 vs avg $49157%

More Insights

Built in 1936 (89 years old).
Condition: Despite being built in 1936, the property description explicitly states 'modern upgrades' and the provided exterior images showcase a completely renovated, contemporary aesthetic with new stucco, modern windows, and a new front door. The unfinished landscaping further suggests a very recent and extensive renovation, bringing the property to a 'virtually new' condition. While interior photos of the kitchen and bathrooms are not available, the comprehensive exterior modernization strongly indicates that the interior has also undergone a high-quality, recent renovation, aligning with current standards and styles.
Year Built
1936
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$535
HOA
-
Days on market
-
Sold On
-
MLS number
25564395
Home ConditionExcellent
Features
Good View: Mountain(s), Pool
Pool
ViewMountain(s), Pool

About this home

Desert Luxury Meets Resort Living in Palm Springs. Welcome to your private oasis in the heart of Palm Springs! This stunning 5-bedroom, 5-bath pool home blends mid-century charm with modern upgrades, offering the perfect retreat for entertaining or relaxing in style. Soak up the sun by the sparkling pool, unwind in one of the spacious en-suite bedrooms, and enjoy seamless indoor-outdoor living with multiple lounge areas, open-concept design, and mountain views. Whether you're looking for a primary residence, vacation getaway, or high-performing short-term rental, this home checks all the boxes. Just minutes from downtown, shopping, golf, and world-class dining. Note: this is a shortsale

Condition Rating
Excellent

Despite being built in 1936, the property description explicitly states 'modern upgrades' and the provided exterior images showcase a completely renovated, contemporary aesthetic with new stucco, modern windows, and a new front door. The unfinished landscaping further suggests a very recent and extensive renovation, bringing the property to a 'virtually new' condition. While interior photos of the kitchen and bathrooms are not available, the comprehensive exterior modernization strongly indicates that the interior has also undergone a high-quality, recent renovation, aligning with current standards and styles.
Pros & Cons

Pros

Prime Palm Springs Location: Situated in the 'heart of Palm Springs,' offering convenient access to downtown, shopping, golf, and world-class dining.
Exceptional Outdoor Living & Amenities: Features a sparkling pool, multiple lounge areas, and seamless indoor-outdoor living, creating a private resort-like oasis.
Mid-Century Charm with Modern Upgrades: A unique blend of classic 1936 mid-century architecture enhanced with contemporary renovations.
Strong Income/Rental Potential: Explicitly marketed as suitable for a primary residence, vacation getaway, or a high-performing short-term rental, indicating versatile investment potential.
Spacious Layout & Desirable Views: Offers 5 bedrooms and 5 baths (per description), an open-concept design, and desirable mountain and pool views on a generous 12,197 sqft lot.

Cons

Short Sale Transaction: The property is explicitly noted as a short sale, which typically involves a more protracted and complex closing process with lender approval, potentially leading to delays or cancellation.
Age-Related Maintenance Concerns: Built in 1936, despite modern upgrades, the property may still have underlying older systems or structural components that could require future maintenance or updates.
Bed/Bath Count Discrepancy: There is an inconsistency between the description (5 beds, 5 baths) and the structured data (4 beds, 4 baths), which could lead to buyer confusion or misaligned expectations.

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