216 Mustang Lane, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath

216 Mustang Lane, Palm Springs, California 92262 home-pic-0
ACTIVE$820,186
216 Mustang Lane, Palm Springs, California 92262
4Beds
4Baths
2,830Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($820,186) is $0 (0%) lower than the list price ($820,186). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Appeal: Brand new home (2025) with upgraded flooring and a modern design, offering immediate move-in readiness and contemporary aesthetics with minimal initial maintenance.
Top Cons:
Significant Monthly Association Fees: The $450.0 monthly association fee is substantial and adds a considerable recurring cost to homeownership, which may impact affordability for some buyers.

Compared to the nearby listings

Price:$820.2K vs avg $925.0K ($-104,814)38%
Size:2,830 sqft vs avg 2,100 sqft82%
Price/sqft:$290 vs avg $49011%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand new construction, built in 2025, and is explicitly marketed as 'NEW CONSTRUCTION! Ready for Immediate Move-in!' The images confirm a pristine, modern aesthetic throughout, featuring new stainless steel appliances, contemporary flat-panel cabinetry, and light-colored countertops in the kitchen. The bathrooms boast modern vanities, tiling, and fixtures. All flooring, including upgraded options, light fixtures, and systems, are new, meeting current quality standards with no signs of wear or deferred maintenance. The property aligns perfectly with the 'excellent' criteria for being newly built with all components virtually new.
Year Built
2025
Close
-
List price
$820K
Original List price
$820K
Price/Sqft
$290
HOA
$450
Days on market
-
Sold On
-
MLS number
SW25192579
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

NEW CONSTRUCTION! Ready for Immediate Move-in! Includes Upgraded Flooring! This new two-story modern home features a spacious layout with ample room to grow. A bedroom with an en-suite bathroom can be found off the foyer, leading to an inviting open-concept floorplan. The luxurious owner’s suite is tucked into a private corner at the back of the home. Two additional bedrooms and a versatile bonus room can be found on the second level. The private backyard includes patio cover & pool! Miralon is a unique 309-Acre residential masterplan that blends modern living with the natural beauty of the Palm Springs desert landscape, offering a unique backdrop of mountain views and year-round sunshine. It is a collection of spaces that come together to create peace and energy, including an Amenity Center, three dog parks, u-pick gardens, over seven miles of walking trails, thousands of olive trees and 97-acres of open space. Vitality at Miralon offers five modern floorplan designs ranging from 1,841 – 2,937 square feet, with 3 – 4 bedrooms, 2 – 3.5 bathrooms and 2-bay garages. Homes include spacious indoor-outdoor living with sparkling private pools, spa and covered patios. Located in Palm Springs, a renowned resort city known for its hot springs, stylish hotels, golf courses and vibrant art scene. The community offers easy access to the I-10 and is situated at Indian Canyon Dr. and Sunrise Pkwy off the Hwy 111 corridor. Miralon is a short 10-minute drive to downtown Palm Springs. There are a total of 1,150 homes within the Miralon masterplan and Lennar’s Vitality community take up 93 of those homesites.

Condition Rating
Excellent

This property is a brand new construction, built in 2025, and is explicitly marketed as 'NEW CONSTRUCTION! Ready for Immediate Move-in!' The images confirm a pristine, modern aesthetic throughout, featuring new stainless steel appliances, contemporary flat-panel cabinetry, and light-colored countertops in the kitchen. The bathrooms boast modern vanities, tiling, and fixtures. All flooring, including upgraded options, light fixtures, and systems, are new, meeting current quality standards with no signs of wear or deferred maintenance. The property aligns perfectly with the 'excellent' criteria for being newly built with all components virtually new.
Pros & Cons

Pros

New Construction & Modern Appeal: Brand new home (2025) with upgraded flooring and a modern design, offering immediate move-in readiness and contemporary aesthetics with minimal initial maintenance.
Exceptional Master-Planned Amenities: Access to Miralon's extensive amenities including an Amenity Center, three dog parks, u-pick gardens, over seven miles of walking trails, and vast open spaces, fostering a resort-like lifestyle.
Private Pool & Indoor-Outdoor Living: Features a private pool, spa, and covered patio, enhancing the highly sought-after indoor-outdoor living experience, especially desirable in the Palm Springs climate.
Prime Palm Springs Location: Situated in a renowned resort city with mountain views, excellent freeway access (I-10), and just a 10-minute drive to vibrant downtown Palm Springs attractions.
Versatile & Spacious Floorplan: Offers a well-designed two-story layout with 4 beds/4 baths, including a convenient downstairs en-suite bedroom and an upstairs versatile bonus room, providing flexibility and ample living space.

Cons

Significant Monthly Association Fees: The $450.0 monthly association fee is substantial and adds a considerable recurring cost to homeownership, which may impact affordability for some buyers.
Modest Lot Size: The 5,663 sqft lot size is relatively compact for a 2,830 sqft single-family home, potentially limiting expansive outdoor living space beyond the pool area.
High Community Density: As part of a large 1,150-home master-planned community, the property may offer less privacy and a more suburban feel compared to properties on larger, more secluded lots.

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