2074 Savanna Way, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE$675,000
2074 Savanna Way, Palm Springs, California 92262
2Beds
2Baths
2,023Sqft
6,098Lot
Year Built
2005
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$334
HOA
$450.71
Days on market
-
Sold On
-
MLS number
24474843
Home ConditionFair
Features
Good View: Desert, Mountain(s)
Patio
ViewDesert, Mountain(s)
About this home
Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,5 Pros. Rank: price - $675.0K(20th), sqft - 2023(47th), beds - 2(7th), baths - 2(41th).
Popular 55+ community of Four Seasons. Open Palm Two floor with an expansive living room. Bright gourmet kitchen w/island. Two bedrooms plus office. The indoor laundry room. Two car garage. Two years old tankless water heater in the garage. Solar system with two Tesla powerwall batteries. Wi-Fi included in HOA. Four Seasons offers many amenities and activities with a specious Clubhouse, pools, spas, library, computer room, fitness center, banquet center, game room, tennis, pickle ball, barbecue area.
Nearby schools
6/10
Vista Del Monte Elementary School
Public,•K-5•1.2mi
4/10
Raymond Cree Middle School
Public,•6-8•1.6mi
6/10
Palm Springs High School
Public,•9-12•3.1mi
4/10
Desert Learning Academy
Public,•K-12•3.4mi
Condition Rating
Fair
Built in 2005, the property is well-maintained with recent upgrades like a tankless water heater and solar system with Tesla Powerwalls. However, the kitchen features dated white tile countertops and white appliances, which, despite being functional, would require aesthetic updates to meet current buyer expectations for a 'gourmet' kitchen. Other areas are likely original to the build year, showing signs of being outdated in style.
Pros & Cons
Pros
Exclusive 55+ Community with Extensive Amenities: Located in the popular Four Seasons community, offering a vibrant 55+ lifestyle with a spacious Clubhouse, multiple pools, spas, fitness center, tennis, pickleball, and various social activities.
Advanced Energy Efficiency: Equipped with a solar system and two Tesla Powerwall batteries, significantly reducing energy costs and providing reliable backup power.
Modern & Functional Kitchen: Features a bright gourmet kitchen with a central island, catering to contemporary cooking and entertaining needs.
Recent System Upgrades: Includes a two-year-old tankless water heater, ensuring efficiency and reliability for hot water supply.
Versatile Floor Plan: The 'Open Palm Two' floor plan offers an expansive living room and a dedicated office space, providing flexibility for various lifestyle needs.
Cons
Significant Overpricing: The property's list price of $675,000 is substantially higher (26% above) the estimated market value of $497,530, potentially hindering buyer interest and prolonging market time.
Limited Buyer Pool: As a 55+ community, the property is restricted to a specific demographic, which can narrow the market and affect resale liquidity.
Potential for Dated Interior Beyond Kitchen: While the kitchen is highlighted, the description does not specify recent updates to other areas, suggesting some interior finishes from its 2005 build year might require modernization to align with the premium price point.