2120 Southridge Drive, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

2120 Southridge Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$725,000
2120 Southridge Drive, Palm Springs, California 92264
2Beds
2Baths
1,600Sqft
2,178Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: The property offers unbeatable panoramic views of the valley, mountains, and city lights from multiple rooms and the deck, enhanced by its prime elevated location within the development.
Top Cons:
High Monthly HOA Fees: The association fee of $645.0 per month is substantial and represents a significant ongoing cost for a 1600 sq ft condominium, which may impact affordability for some buyers.

Compared to the nearby listings

Price:$725.0K vs avg $442.4K (+$282,550)82%
Size:1,600 sqft vs avg 1,307 sqft70%
Price/sqft:$453 vs avg $34084%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description highlights a 'reimagined, extra-large kitchen' with modern appliances and 'newly installed bathroom vanities' with contemporary walk-in showers. Images confirm a sleek, updated kitchen with stainless steel appliances, white shaker cabinets, and dark countertops, along with stylish, modern bathrooms featuring pebble-stone shower floors and glass enclosures. Other significant updates include new electric panels and wiring, updated LED recessed lighting, fresh paint, and new baseboards. The flooring is a modern wood-look tile/laminate throughout. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
1967
Close
-
List price
$725K
Original List price
$785K
Price/Sqft
$453
HOA
$645
Days on market
-
Sold On
-
MLS number
219123193PS
Home ConditionExcellent
Features
Excellent View: City Lights, Desert, Mountain(s), Panoramic, Valley
Deck
ViewCity Lights,Desert,Mountain(s),Panoramic,Valley

About this home

Perched above the valley floor and nestled into the mountainside, sits the iconic community of Rimcrest. Built in 1967, and designed by Leroy Rose & Harold Carlson, the association sits on nearly 12 acres and houses just 51 condos. The only hillside development in Palm Springs, Rimcrest is located just under the former home of Bob Hope, and the panoramic views of the valley and mountains are just unbeatable. This 2 bedroom, 2 bath condo offers 1,600 sq ft of living space and is located on the 2nd level from the top of the development, making the views that much better! Enjoy an open concept living area with a reimagined, extra-large kitchen featuring loads of storage and an office area. Spectacular views can be enjoyed from the living area, primary bedroom, and of course the deck. Each bedroom offers a fireplace feature and walk-in closet, and both baths feature walk-in showers and newly installed bathroom vanities. Other recent updates include: fresh interior and patio paint, added baseboards, new electric panels and wiring, many recent structural updates, updated LED recessed lighting and more. One of the community's three spas is just steps away and is the perfect place to unwind. Stunning views greet you at every turn in Rimcrest, including at the community's two sparkling pools. Come and see what makes this location so sought after and special!

Nearby schools

4/10
Cahuilla Elementary School
Public,K-51.9mi
4/10
Raymond Cree Middle School
Public,6-83.8mi
4/10
Desert Learning Academy
Public,K-121.6mi
6/10
Palm Springs High School
Public,9-121.8mi
Condition Rating
Excellent

Despite being built in 1967, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description highlights a 'reimagined, extra-large kitchen' with modern appliances and 'newly installed bathroom vanities' with contemporary walk-in showers. Images confirm a sleek, updated kitchen with stainless steel appliances, white shaker cabinets, and dark countertops, along with stylish, modern bathrooms featuring pebble-stone shower floors and glass enclosures. Other significant updates include new electric panels and wiring, updated LED recessed lighting, fresh paint, and new baseboards. The flooring is a modern wood-look tile/laminate throughout. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Panoramic Views: The property offers unbeatable panoramic views of the valley, mountains, and city lights from multiple rooms and the deck, enhanced by its prime elevated location within the development.
Iconic & Exclusive Community: Situated in Rimcrest, the only hillside development in Palm Springs, known for its iconic 1967 architecture by Leroy Rose & Harold Carlson and prestigious location near Bob Hope's former home.
Extensive Modern Updates: The condo features a reimagined, extra-large kitchen, updated bathrooms with new vanities, fresh paint, new electrical panels/wiring, LED lighting, and recent structural updates, ensuring a modernized interior.
Resort-Style Community Amenities: Residents benefit from access to three community spas and two sparkling pools, providing convenient and luxurious recreational options within steps of the unit.
Low-Density Living: With only 51 condos spread across nearly 12 acres, the community offers a sense of spaciousness and exclusivity, contributing to a tranquil and private environment.

Cons

High Monthly HOA Fees: The association fee of $645.0 per month is substantial and represents a significant ongoing cost for a 1600 sq ft condominium, which may impact affordability for some buyers.
Age of Building: Constructed in 1967, the property is over 50 years old. While extensively updated, the age of the original structure may present long-term maintenance considerations or higher insurance premiums.
Recent Price Reduction: The property has seen a price reduction from $785,000 to $725,000, which could indicate initial overpricing or a slower-than-anticipated market response.

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