2296 Paseo Del Rey, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

2296 Paseo Del Rey, Palm Springs, California 92264 home-pic-0
ACTIVE UNDER CONTRACT$750,000$1,967/sqft
2296 Paseo Del Rey, Palm Springs, California 92264
2Beds
2Baths
1,967Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Architectural Heritage & Design: This mid-century modern home, envisioned by renowned architect Charles DuBois, features signature elements like high ceilings, clerestory windows, open floor plans, and a seamless blend of indoor and outdoor spaces, appealing to design enthusiasts.
Top Cons:
High Monthly Association Fees: The $925.0 monthly association fee is substantial and could be a significant ongoing cost, potentially impacting affordability or appeal for some buyers, despite the extensive amenities provided.

Compared to the nearby listings

Price:$750.0K vs avg $437.0K (+$313,000)84%
Size:1,967 sqft vs avg 1,325 sqft87%
Price/sqft:$381 vs avg $33470%

More Insights

Built in 1971 (55 years old).
Condition: This 1971 mid-century modern home is move-in ready with recent updates including fresh paint, new carpeting, and new copper piping. However, the kitchen features dated white cabinets, laminate countertops, and older appliances (except for the double wall oven), while the bathrooms retain original or very early renovation styles with dated tile work, shower enclosures, and vanity designs. These areas are functional but clearly show their age and would require significant cosmetic updates to meet current quality standards and preferences, aligning with the 'fair' condition criteria.
Year Built
1971
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$381
HOA
$925
Days on market
-
Sold On
-
MLS number
25630087PS
Home ConditionFair
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

This mid-century modern home is located in the highly desirable Canyon Estates community, an area envisioned by renowned architect Charles DuBois. His signature style is reflected throughout the property, showcasing clean and simple lines, high ceilings with clerestory windows, open floor plans, and an abundance of windows that seamlessly blend indoor and outdoor spaces. The stand-alone residence offers two spacious bedrooms and two full bathrooms, making it ideal for either part-time or full-time living. The kitchen is both comfortable and functional, featuring a separate breakfast area that creates a welcoming atmosphere. The pass-through bar area adds extra convenience, especially when entertaining guests. The primary bedroom is generously sized, featuring ample closet space and a dedicated dressing area. The second bedroom, distinguished by its high ceiling, walk-in closet, and large windows, can serve as a comfortable guest suite or a versatile den. Additional highlights include large rooms, excellent closet and storage space, a two-car garage, and in-unit laundry facilities, providing all the amenities needed for modern, convenient living. This home is situated on fee-land, meaning you own the land outright. It has been freshly painted and carpeted, and all new copper piping has been installed, making it move-in ready and awaiting your personal design touches. Canyon Estates offers a wide array of amenities for residents, including 15 pools, 12 spas, tennis and pickleball courts, and a PAR-3 golf course. The clubhouse features a fireplace, lounge area, and game room, while the well-equipped fitness center is designed to meet both cardio and strength training needs. The community's low density, absence of overhead wires, and lack of land lease further enhance the appeal and comfort of this exceptional property.

M
Maureen Roman
Listing Agent

Nearby schools

4/10
Cahuilla Elementary School
Public,K-51.3mi
4/10
Raymond Cree Middle School
Public,6-83.8mi
4/10
Desert Learning Academy
Public,K-121.9mi
6/10
Palm Springs High School
Public,9-122.2mi

Price History

Date
Event
Price
11/08/13
Sold
$365,000
04/16/10
Sold
$96,500
Condition Rating
Fair

This 1971 mid-century modern home is move-in ready with recent updates including fresh paint, new carpeting, and new copper piping. However, the kitchen features dated white cabinets, laminate countertops, and older appliances (except for the double wall oven), while the bathrooms retain original or very early renovation styles with dated tile work, shower enclosures, and vanity designs. These areas are functional but clearly show their age and would require significant cosmetic updates to meet current quality standards and preferences, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Architectural Heritage & Design: This mid-century modern home, envisioned by renowned architect Charles DuBois, features signature elements like high ceilings, clerestory windows, open floor plans, and a seamless blend of indoor and outdoor spaces, appealing to design enthusiasts.
Extensive Community Amenities: The Canyon Estates community offers an exceptional array of amenities, including 15 pools, 12 spas, tennis and pickleball courts, a PAR-3 golf course, a clubhouse, and a well-equipped fitness center, providing a resort-like lifestyle.
Fee-Land Ownership: A significant advantage in Palm Springs, this property is situated on fee-land, meaning the owner holds outright title to the land, avoiding the complexities and potential long-term costs associated with land leases.
Recent Upgrades & Move-in Ready: The home has been freshly painted, carpeted, and features new copper piping, making it move-in ready and reducing immediate maintenance concerns for a new owner.
Desirable Location & Mountain Views: Located in the highly sought-after Canyon Estates in Palm Springs, the property offers mountain views and benefits from a low-density community environment with no overhead wires.

Cons

High Monthly Association Fees: The $925.0 monthly association fee is substantial and could be a significant ongoing cost, potentially impacting affordability or appeal for some buyers, despite the extensive amenities provided.
Potential for Further Updates: While some updates have been made, the 1971 build year suggests that other systems or components, such as HVAC or original bathrooms/kitchen (beyond functionality), may eventually require modernization to meet contemporary standards or preferences.
Condominium Restrictions: As a condominium, the property is subject to Homeowners Association (HOA) rules and regulations, which may limit owner autonomy regarding exterior modifications or certain lifestyle choices, a common drawback for condo ownership.
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