2627 N Cerritos Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
2627 N Cerritos Road
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 2627 N Cerritos Road, Palm Springs, California 92262 reveals a property with a current list price of $895,000, which is 5% above the estimated $847,672 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2627 N Cerritos Road Subject | $895,000* List Price | 3 | 2 | 1,424 | $595 | - |
A 2250 Acacia Road E Sold | $769,000 | 3 | 2 | 1,314 | $585 | 0.3 mi |
B 2300 N Carillo Road Sold | $765,000 | 3 | 2 | 1,392 | $550 | 0.6 mi |
C 2332 N San Clemente Road Sold | $760,000 | 3 | 2 | 1,312 | $579 | 0.7 mi |
D 1875 Nicola Road Sold | $740,000 | 3 | 2 | 1,411 | $524 | 0.5 mi |
E 1862 N Nogales Way Sold | $743,000 | 3 | 2 | 1,620 | $459 | 0.7 mi |
F 2092 N San Antonio Road Sold | $762,500 | 3 | 2 | 1,260 | $605 | 0.7 mi |
G 2295 Nicola Road Active | $949,000 List Price | 3 | 2 | 1,338 | $709 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This property has undergone a very recent and extensive renovation, evident in the brand-new open kitchen with modern bamboo cabinetry, sleek tile flooring, and contemporary appliances. Both bathrooms are tastefully updated with modern finishes and fixtures. New laminate flooring throughout and a remodeled pool contribute to a fresh, move-in-ready aesthetic. However, despite the extensive cosmetic and functional updates, the property's original build year of 1976 and the noted 'Limited Cooling System' (only a mini-split mentioned for a bonus area) prevent it from achieving an 'Excellent' score. A comprehensive, modern HVAC system is a critical component for current quality standards in Palm Springs, and its absence or limitation suggests not all major systems meet the highest, virtually new standard.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 11326, living area = 1424.
- Extensive Modern Remodel
The property has been thoughtfully remodeled throughout, including a brand-new open kitchen with elegant bamboo cabinetry and sleek tile, and tastefully updated bathrooms, offering a contemporary and move-in-ready appeal.
- Exceptional Outdoor Living
Features a sparkling remodeled pool, built-in covered BBQ area, and mature Ficus trees within a fully enclosed backyard on an oversized lot, creating an ideal environment for relaxation and entertaining.
CONSRISKS & DEFICIENCIES
- Limited Cooling System
The description only highlights a 'Mini-split to provide extra cool area' in one room, suggesting the absence of a full central air conditioning system, which is a significant consideration in Palm Springs' hot climate.
- Age of Core Systems
Built in 1976, despite cosmetic remodels, the age of the underlying structure and potentially unmentioned core systems (e.g., plumbing, electrical, roof) could lead to future maintenance concerns or unexpected costs.
- Recent Price Adjustment
A recent price reduction from $950,000 to $895,000 might suggest an initial overvaluation or a longer market presence, potentially influencing buyer perception regarding market demand or value.
About 2627 N Cerritos Road
Beautifully Remodeled 3-Bedroom Home with Pool in Desert Park Estates!Discover this stylish and spacious 3-bedroom, 2-bathroom home located in the sought-after Desert Park Estates neighborhood. Thoughtfully remodeled throughout, this home features a generous primary suite with double doors that offer the flexibility to expand or create a private retreat.The brand-new open kitchen boasts elegant bamboo cabinetry, sleek tile flooring, and flows seamlessly into a formal dining area/bonus room--perfect for entertaining with a Mini-split to provide extra cool area. This space opens directly to the backyard, where you'll find a sparkling remodeled pool, all set within an oversized lot.Both bathrooms have been tastefully updated with modern tile finishes. The entire home features laminate flooring throughout for easy maintenance and a clean, contemporary look.Enjoy outdoor living at its best with a built-in, covered BBQ area, mature Ficus trees providing shade and privacy, and a fully enclosed backyard with a block wall. The desert landscaping and gravel design create a stunning, low-maintenance environment--ideal for relaxing or entertaining. Plus, there's ample space for future expansion.Don't miss this incredible opportunity to own a move-in-ready desert oasis!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 1.0 mi
Katherine Finchy Elementary School
Grades K-5 • 1.4 mi
Raymond Cree Middle School
Grades 6-8 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,424 | 1,964 | 19% |
| Lot Size | 11,326 | 9,583 | 74% |
| Price | $895.0K | $895.0K | 50% |
| Price per sq ft | $629 | $478 | 73% |
| Built year | 1976 | 1989 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 170 | 179 | 46% |
Pricing History
Listed for Sale
Dec 17, 2025
$895,000
$950,000
-6% Price Drop
Initial Listing
Price Change
Sep 18, 2025
$950,000
Initial Listing