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2304 E Bellamy Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

2304 E Bellamy Road, Palm Springs, California 92262 home-pic-0
ACTIVE$795,000$1,115/sqft
Est. Value: $694,653
-12%
AboveEstimate
2304 E Bellamy Road, Palm Springs, California 92262
3Beds
2Baths
1,115Sqft
9,147Lot

Price Vs. Estimate

The estimated value ($694,652.595) is $100,347.405 (12%) lower than the list price ($795,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9147, living area = 1115.
Top Cons:
Restricted Short-Term Rental Use: Junior vacation rental permits limit rentals to a maximum of 6 per year, which may not meet the income goals of investors seeking more frequent short-term rental opportunities.

Compared to the nearby listings

Price:$795.0K vs avg $900.0K ($-105,000)38%
Size:1,115 sqft vs avg 2,014 sqft2%
Price/sqft:$713 vs avg $48084%

More Insights

Built in 1978 (48 years old).
Condition: Despite being built in 1978, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, white countertops, new stainless steel appliances, and a stylish subway tile backsplash. Both bathrooms are fully updated with contemporary vanities, fixtures, frameless glass showers (master), and modern tiling. The entire interior boasts consistent, modern tile flooring, recessed lighting, and updated ceiling fans. The description highlights a newer HVAC system, solar panels, and a modernized pool system, indicating significant investment in major components. The property is presented as 'turnkey furnished' and 'beautifully maintained,' aligning with the 'virtually new' standard for key areas and overall lack of deferred maintenance.
Year Built
1978
Close
-
List price
$795K
Original List price
$795K
Price/Sqft
$713
HOA
-
Days on market
-
Sold On
-
MLS number
219141357DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Turnkey furnished and located on fee simple land (you own the land, no lease), this Desert Park Estates home is powered by over 30 owned solar panels and checks all the boxes for full time, seasonal, or investment living in Palm Springs. Located in the iconic Desert Park Estates neighborhood with no HOA, this well maintained 3 bedroom, 2 bath residence reflects true pride of ownership and is ready to move in. Thoughtful upgrades include a newer HVAC and furnace, a modernized pool system with upgraded equipment and lighting, and a finished 2 car garage with laundry. One of the home's standout features is the professionally installed low voltage in ground lighting throughout the front and backyard, creating a warm, inviting presence and exceptional curb appeal. This feature is especially rare and impactful in a neighborhood without streetlights and truly sets the property apart. The private backyard offers beautiful mountain views and a true resort style setting with a pool, above ground spa, full length covered patio, mature palm trees, ficus privacy wall, and gazebo, making it ideal for relaxing or entertaining. Smart home features make it easy to manage and maintain while away, ideal for both full time and seasonal use. Desert Park Estates does allow junior vacation rental permits allowing up to 6 short term rentals per year. Buyer to verify all with the City of Palm Springs. Just minutes from downtown Palm Springs. A rare opportunity to own a beautifully maintained home that truly delivers the classic Palm Springs lifestyle.

K
Krisie Cook
Listing Agent

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•1.1mi
7/10
Katherine Finchy Elementary School
Public,•K-5•1.6mi
4/10
Raymond Cree Middle School
Public,•6-8•1.1mi
6/10
Palm Springs High School
Public,•9-12•2.5mi
4/10
Desert Learning Academy
Public,•K-12•2.7mi
6/10
Cathedral City High School
Public,•9-12•5.4mi

Price History

Date
Event
Price
12/17/19
Sold
$500,000
01/28/19
Sold
$370,000
11/30/11
Sold
$135,909
03/24/06
Sold
$382,000
01/22/04
Sold
$252,500
Condition Rating
Excellent
Despite being built in 1978, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, white countertops, new stainless steel appliances, and a stylish subway tile backsplash. Both bathrooms are fully updated with contemporary vanities, fixtures, frameless glass showers (master), and modern tiling. The entire interior boasts consistent, modern tile flooring, recessed lighting, and updated ceiling fans. The description highlights a newer HVAC system, solar panels, and a modernized pool system, indicating significant investment in major components. The property is presented as 'turnkey furnished' and 'beautifully maintained,' aligning with the 'virtually new' standard for key areas and overall lack of deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9147, living area = 1115.
Investment & Ownership Benefits: The property is on fee simple land (you own the land), has no HOA, and is turnkey furnished, offering immediate occupancy or rental readiness.
Energy Efficiency: Equipped with over 30 owned solar panels, significantly reducing utility costs and enhancing environmental appeal.
Modernized Infrastructure: Features a newer HVAC and furnace, modernized pool system, finished 2-car garage with laundry, and smart home technology for comfort and ease of management.
Resort-Style Outdoor Living: A private backyard oasis with beautiful mountain views, a pool, above-ground spa, full-length covered patio, and professional low-voltage lighting, ideal for entertaining and relaxation.
Strategic Location & Rental Potential: Located minutes from downtown Palm Springs and allows junior vacation rental permits (up to 6 per year), appealing to both residents and seasonal investors.

Cons

Restricted Short-Term Rental Use: Junior vacation rental permits limit rentals to a maximum of 6 per year, which may not meet the income goals of investors seeking more frequent short-term rental opportunities.
Original Construction Age: Built in 1978, the property's underlying structure is over four decades old, which might imply potential for future updates beyond the current renovations.
Compact Interior Space: At 1115 sqft for three bedrooms, the interior living space may be considered modest for some buyers, especially those accustomed to larger homes.
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