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2482 N Avenida Caballeros, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

2482 N Avenida Caballeros, Palm Springs, California 92262 home-pic-0
ACTIVE$950,000
2482 N Avenida Caballeros, Palm Springs, California 92262
3Beds
2Baths
1,188Sqft
15,682Lot

Price Vs. Estimate

The estimated value ($620,788.12) is $329,211.88 (34%) lower than the list price ($950,000). 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 = 15682, living area = 1188.
Top Cons:
Significant Overpricing: The listing price of $950,000 is considerably higher than the estimated property value of $620,788.12, suggesting a potential overvaluation of 34%.

Compared to the nearby listings

Price:$950.0K vs avg $925.0K (+$25,000)52%
Size:1,188 sqft vs avg 2,096 sqft3%
Price/sqft:$800 vs avg $49189%

More Insights

Built in 1962 (63 years old).
Condition: Despite being built in 1962, the property has undergone an extensive and recent renovation. The description highlights a 'remodeled kitchen' with 'quartz countertops, a stylish penny tile backsplash, new cabinets, chic lighting, and brand-new appliances.' The images confirm a modern, high-quality kitchen and two bathrooms with contemporary fixtures, tiling, and vanities. 'Recently installed vinyl plank flooring' and 'new windows' further contribute to a virtually new interior. All components appear to meet current quality standards with no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
1962
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$800
HOA
-
Days on market
-
Sold On
-
MLS number
SR25100449
Home ConditionExcellent
Features
Good View: Neighborhood
Pool
Patio
ViewNeighborhood

About this home

Discover one of the most coveted and rare Alexander homes now available in stunning Palm Springs! This ideal Airbnb and vacation retreat is nestled in the desirable Vista Norte neighborhood, where approximately 15% of homes are short-term rentals. The new owner can easily secure a new permit! Don’t miss your chance to own this unique model, boasting exceptional upgrades and a careful balance of original charm and modern comfort. The home features a welcoming kitchen with a breakfast bar and a cozy dining area. Recently installed vinyl plank flooring and new windows enhance the bright, airy atmosphere. The remodeled kitchen is a true highlight, featuring quartz countertops, a stylish penny tile backsplash, new cabinets, chic lighting, and brand-new appliances. Step outside to unwind in your private backyard oasis, complete with a sparkling pool and a charming outdoor fire pit. Additional perks include central heating and air conditioning, a two-car garage, drought-resistant landscaping, and more! Perfectly situated just minutes from shopping, dining, and nightlife, this property is a must-see. Act fast—opportunities like this don’t come around often!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.3mi
4/10
Raymond Cree Middle School
Public,•6-8•0.5mi
6/10
Palm Springs High School
Public,•9-12•2.5mi
4/10
Desert Learning Academy
Public,•K-12•2.6mi
Condition Rating
Excellent
Despite being built in 1962, the property has undergone an extensive and recent renovation. The description highlights a 'remodeled kitchen' with 'quartz countertops, a stylish penny tile backsplash, new cabinets, chic lighting, and brand-new appliances.' The images confirm a modern, high-quality kitchen and two bathrooms with contemporary fixtures, tiling, and vanities. 'Recently installed vinyl plank flooring' and 'new windows' further contribute to a virtually new interior. All components appear to meet current quality standards with no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
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 = 15682, living area = 1188.
Iconic Mid-Century Architecture: The property is identified as a 'coveted and rare Alexander home,' blending original charm with modern comfort, which appeals to a specific and desirable market segment.
Strong Short-Term Rental Potential: Marketed as an 'ideal Airbnb and vacation retreat' in a neighborhood with a high percentage of short-term rentals and easy permit acquisition, offering significant income potential.
Extensively Remodeled Interior: Features a 'remodeled kitchen' with quartz countertops, new cabinets, and appliances, along with 'recently installed vinyl plank flooring' and 'new windows,' providing modern aesthetics and functionality.
Private Resort-Style Backyard: The property boasts a 'private backyard oasis' complete with a 'sparkling pool' and 'charming outdoor fire pit,' complemented by drought-resistant landscaping for low maintenance.
Modern Conveniences & Location: Includes essential amenities such as 'central heating and air conditioning' and a 'two-car garage,' and is 'perfectly situated just minutes from shopping, dining, and nightlife.'

Cons

Significant Overpricing: The listing price of $950,000 is considerably higher than the estimated property value of $620,788.12, suggesting a potential overvaluation of 34%.
Smaller Interior Footprint: With 1188 sqft, the property offers a comparatively smaller living space than some other Alexander homes in the area, which might limit its appeal to certain buyers.
Limited View: The property offers a 'Neighborhood' view, which may be less attractive compared to the mountain or panoramic views often available and highly sought after in Palm Springs.

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