2312 Shannon Way, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath

2312 Shannon Way, Palm Springs, California 92262 home-pic-0
ACTIVE$860,000
2312 Shannon Way, Palm Springs, California 92262
4Beds
2Baths
1,717Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($810,902.325) is $49,097.675 (5%) lower than the list price ($860,000). 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 = 7405, living area = 1717.
Top Cons:
Recent Price Reduction: The property has recently undergone a price reduction from $880,000 to $860,000, which might suggest initial overpricing or extended market time, potentially raising buyer questions.

Compared to the nearby listings

Price:$860.0K vs avg $925.0K ($-65,000)43%
Size:1,717 sqft vs avg 2,096 sqft37%
Price/sqft:$501 vs avg $49153%

More Insights

Built in 2001 (24 years old).
Condition: The property, built in 2001, is 23 years old, but features a 'remodeled, chef-inspired kitchen' with 'state-of-the-art appliances, sleek countertops, and custom cabinetry,' indicating significant recent updates. The primary suite also boasts a 'luxurious walk-in shower and a separate soaking tub.' These key areas are in excellent condition, suggesting renovations within the last 5-15 years. The exterior appears well-maintained, and the description implies a move-in ready home with modern amenities in critical spaces. While not a brand-new build or a full-house renovation within the last 5 years, the substantial updates to the kitchen and primary bathroom, combined with the overall well-kept nature, align well with a 'Good' condition score.
Year Built
2001
Close
-
List price
$860K
Original List price
$880K
Price/Sqft
$501
HOA
-
Days on market
-
Sold On
-
MLS number
219131463DA
Home ConditionGood
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Breathtaking Mountain Views | 4-Bedroom Home in Flora Vista Welcome to this beautifully appointed four-bedroom, two-bath residence nestled in the highly sought-after Flora Vista neighborhood. From the moment you enter, you're greeted by soaring ceilings, an abundance of natural light, and a cozy fireplace--creating a warm, elegant ambiance perfect for both relaxing and entertaining. The spacious living room offers stunning west-facing mountain views, serving as a captivating backdrop for daily living. The remodeled, chef-inspired kitchen boasts state-of-the-art appliances, sleek countertops, and custom cabinetry, seamlessly opening to a welcoming family room designed for effortless everyday comfort and gatherings. Retreat to the primary suite, your own private sanctuary, featuring high ceilings, a dual-sink vanity, a luxurious walk-in shower, and a separate soaking tub--ideal for unwinding after a long day. Additional highlights include a dedicated laundry room with a newer washer and dryer, and direct access to the attached two-car garage for ultimate convenience. Step into your private backyard oasis, where a sparkling pool and spa invite you to relax and refresh. A covered patio offers the perfect space for outdoor dining or quiet evenings enjoying the serene natural surroundings. This is more than a home--it's a lifestyle. Don't miss the opportunity to make it yours. Mortgage savings may be available for buyers of this listing.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-50.8mi
4/10
Raymond Cree Middle School
Public,6-80.6mi
6/10
Palm Springs High School
Public,9-122.2mi
4/10
Desert Learning Academy
Public,K-122.4mi
Condition Rating
Good

The property, built in 2001, is 23 years old, but features a 'remodeled, chef-inspired kitchen' with 'state-of-the-art appliances, sleek countertops, and custom cabinetry,' indicating significant recent updates. The primary suite also boasts a 'luxurious walk-in shower and a separate soaking tub.' These key areas are in excellent condition, suggesting renovations within the last 5-15 years. The exterior appears well-maintained, and the description implies a move-in ready home with modern amenities in critical spaces. While not a brand-new build or a full-house renovation within the last 5 years, the substantial updates to the kitchen and primary bathroom, combined with the overall well-kept nature, align well with a 'Good' condition score.
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 = 7405, living area = 1717.
Panoramic Mountain Views: The property offers stunning west-facing mountain views, a highly desirable feature in Palm Springs, enhancing its appeal and value.
Remodeled Gourmet Kitchen: Features a chef-inspired kitchen with state-of-the-art appliances, sleek countertops, and custom cabinetry, providing a modern and functional culinary space.
Private Resort-Style Backyard: Includes a sparkling pool, spa, and covered patio, creating an ideal private oasis for relaxation, entertaining, and enjoying the Palm Springs lifestyle.
Luxurious Primary Suite: The primary suite serves as a private sanctuary with high ceilings, a dual-sink vanity, a walk-in shower, and a separate soaking tub, offering a high level of comfort.
Desirable Neighborhood & Ambiance: Located in the sought-after Flora Vista neighborhood, the home boasts soaring ceilings, abundant natural light, and a cozy fireplace, contributing to an elegant and welcoming atmosphere.

Cons

Recent Price Reduction: The property has recently undergone a price reduction from $880,000 to $860,000, which might suggest initial overpricing or extended market time, potentially raising buyer questions.
Slightly Above Estimated Value: The current list price of $860,000 is marginally above the estimated property value of approximately $856,115, which could be a point of negotiation for potential buyers.
Limited Bathroom Count for Bedrooms: With four bedrooms, the presence of only two bathrooms may be a functional limitation for larger families or frequent guests, potentially impacting convenience.

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