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2014 E Park Drive, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 6 bath

2014 E Park Drive, Palm Springs, California 92262 home-pic-0
ACTIVE$2,295,000
2014 E Park Drive, Palm Springs, California 92262
5Beds
6Baths
2,890Sqft
9,583Lot

Price Vs. Estimate

The estimated value ($2,059,827.465) is $235,172.535 (10%) lower than the list price ($2,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Construction & Design: Built in 2015, this property combines contemporary standards and structural integrity with a captivating Mid-century-inspired design, offering modern aesthetics and functionality.
Top Cons:
Listing Price vs. Estimated Value: The current listing price is 10% higher than the property's estimated value, which may suggest an aggressive pricing strategy or require further justification to potential buyers.

Compared to the nearby listings

Price:$2.29M vs avg $925.0K (+$1,370,000)91%
Size:2,890 sqft vs avg 2,100 sqft86%
Price/sqft:$794 vs avg $49189%

More Insights

Built in 2015 (10 years old).
Condition: Built in 2015, this property is virtually new and exhibits a high level of quality and modern design throughout. The kitchen features sleek cabinetry, white countertops, and stainless steel appliances, all in excellent condition. Bathrooms are equally modern with large walk-in showers, contemporary tubs, and stylish fixtures. Polished concrete floors are consistent throughout, and light fixtures are current. There is no visible deferred maintenance, and all components meet current quality standards, aligning perfectly with the 'Excellent' criteria for a property built within the last 10 years.
Year Built
2015
Close
-
List price
$2.29M
Original List price
$2.4M
Price/Sqft
$794
HOA
-
Days on market
-
Sold On
-
MLS number
24465727
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

PRICE IMPROVEMENT. Step into the timeless allure of 2014 E. Park Drive, a captivating Mid-century-inspired masterpiece nestled in the desirable Sunrise Park neighborhood of Palm Springs. Constructed in 2015, this private and gated sanctuary captures panoramic views of the iconic Mt. San Jacinto, offering an ideal blend of luxury and tranquility. Upon entering, you'll be greeted by sleek, polished concrete floors that enhance the seamless connection between indoor and outdoor living spaces. The expansive great room is a sunlit haven, thoughtfully designed for entertaining with its open-concept layout and floor-to-ceiling windows that invite the beauty of the desert indoors. The outdoor space is a true resort-style retreat, featuring a sparkling 40-foot saltwater pool and spa with a tanning shelf, alongside a cozy fire pit perfect for evenings under the stars. This exceptional property offers five generously sized bedrooms, each with its own en-suite bathroom for ultimate privacy and comfort, complemented by an additional powder room for guests. Located in the highly sought-after Sunrise Park, 2014 E. Park Drive combines prime location with striking design and a proven track record as a successful short-term vacation rental. Whether you're seeking a serene personal retreat or a high-performing investment property, this home delivers the perfect balance of modern elegance, seclusion, and relaxation.

Condition Rating
Excellent
Built in 2015, this property is virtually new and exhibits a high level of quality and modern design throughout. The kitchen features sleek cabinetry, white countertops, and stainless steel appliances, all in excellent condition. Bathrooms are equally modern with large walk-in showers, contemporary tubs, and stylish fixtures. Polished concrete floors are consistent throughout, and light fixtures are current. There is no visible deferred maintenance, and all components meet current quality standards, aligning perfectly with the 'Excellent' criteria for a property built within the last 10 years.
Pros & Cons

Pros

Modern Construction & Design: Built in 2015, this property combines contemporary standards and structural integrity with a captivating Mid-century-inspired design, offering modern aesthetics and functionality.
Exceptional Outdoor Amenities: The private, resort-style backyard features a 40-foot saltwater pool, spa with a tanning shelf, and a cozy fire pit, creating an ideal space for relaxation and entertainment.
Prime Location with Panoramic Views: Nestled in the desirable Sunrise Park neighborhood, the property offers panoramic views of the iconic Mt. San Jacinto, enhancing its appeal and value.
High-Value Layout & Privacy: With five generously sized bedrooms, each featuring its own en-suite bathroom, plus an additional powder room, the home provides exceptional privacy and comfort for residents and guests.
Proven Investment Potential: The property has a proven track record as a successful short-term vacation rental, indicating strong income-generating capabilities for investors.

Cons

Listing Price vs. Estimated Value: The current listing price is 10% higher than the property's estimated value, which may suggest an aggressive pricing strategy or require further justification to potential buyers.
Lack of Explicit Cooling System Detail: Despite being a 2015 build in Palm Springs, the description does not explicitly mention a cooling system (e.g., AC), which is a critical feature for comfort in the desert climate.
Potential for High Operating Costs: The extensive luxury amenities, particularly the large saltwater pool and spa, may lead to higher ongoing maintenance and utility expenses for a homeowner.

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