2890 E San Marino Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
ACTIVE$724,000
2890 E San Marino Road, Palm Springs, California 92262
3Beds
2Baths
1,687Sqft
10,454Lot
Price Vs. Estimate
The estimated value ($724,000) is $0 (0%) lower than the list price ($724,000). This property may be overpriced.
Key pros and cons
Top Pros:
Outdoor Oasis & Amenities: The private backyard features a custom-built pool and spa with a slate waterfall, surrounded by tropical palm trees, creating a highly desirable resort-like setting ideal for the Palm Springs lifestyle.
Top Cons:
Price Reduction History: Multiple price reductions from the original list price ($780,000 to $724,000) could indicate initial overpricing or a struggle to attract buyers, potentially raising questions about its market value or perceived condition.
Compared to the nearby listings
Price:$724.0K vs avg $925.0K ($-201,000)26%
Size:1,687 sqft vs avg 2,096 sqft33%
Price/sqft:$429 vs avg $49035%
More Insights
Built in 1989 (36 years old).
Condition: Built in 1989, this property is move-in ready with no immediate renovations required. The kitchen features stainless steel appliances and granite countertops, and the bathrooms have modern vanities and updated tiling, indicating significant upgrades likely within the last 5-15 years. The paid-off solar system is a major system enhancement. While not a brand-new build, the home is well-maintained, functional, and aesthetically pleasing, exceeding the criteria for 'Fair' condition.
Year Built
1989
Close
-
List price
$724K
Original List price
$780K
Price/Sqft
$429
HOA
-
Days on market
-
Sold On
-
MLS number
219133572DA
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)
About this home
More like a Model Home.. Private back yard has a custom built Pool and spa with slate water fall, lots of palm trees in a tropical setting. 3 bedroom 2 bath open floorpan with fireplace and an upgraded kitchen. Energy efficient Solar System has been paid off. leave the big city behind and buy here in the Desert where your money buys you more house for the Dollar. Live the Palm Springs life. or tap into the Vacation rental market and start making money as soon as you get a permit.
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•1.5mi
6/10
Vista Del Monte Elementary School
Public,•K-5•1.6mi
4/10
Raymond Cree Middle School
Public,•6-8•1.2mi
6/10
Palm Springs High School
Public,•9-12•1.9mi
4/10
Desert Learning Academy
Public,•K-12•2.1mi
6/10
Cathedral City High School
Public,•9-12•4.7mi
Condition Rating
Good
Built in 1989, this property is move-in ready with no immediate renovations required. The kitchen features stainless steel appliances and granite countertops, and the bathrooms have modern vanities and updated tiling, indicating significant upgrades likely within the last 5-15 years. The paid-off solar system is a major system enhancement. While not a brand-new build, the home is well-maintained, functional, and aesthetically pleasing, exceeding the criteria for 'Fair' condition.
Pros & Cons
Pros
Outdoor Oasis & Amenities: The private backyard features a custom-built pool and spa with a slate waterfall, surrounded by tropical palm trees, creating a highly desirable resort-like setting ideal for the Palm Springs lifestyle.
Energy Efficiency & Cost Savings: The property boasts a paid-off solar system, significantly reducing utility expenses and offering a substantial long-term financial benefit to the homeowner.
Income Potential: Explicitly highlighted for its vacation rental market potential, this property offers a strong opportunity for immediate income generation with the proper permits, appealing to investors or those seeking a part-time residence.
Upgraded Interior & Layout: Described as 'More like a Model Home' with an upgraded kitchen and an open floor plan, suggesting a modern, well-maintained, and aesthetically pleasing interior ready for immediate occupancy.
Desirable Location & Views: Located in Palm Springs, a popular destination, and featuring mountain views, enhancing its appeal for both residents and vacationers.
Cons
Price Reduction History: Multiple price reductions from the original list price ($780,000 to $724,000) could indicate initial overpricing or a struggle to attract buyers, potentially raising questions about its market value or perceived condition.
Age of Property: Built in 1989, while the kitchen is upgraded, other core systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their typical lifespan, potentially leading to future maintenance or replacement costs.
Limited Interior Renovation Details: While the kitchen is upgraded and the home is described as 'model-like,' the description lacks specific details on other significant interior renovations (e.g., bathrooms, flooring, windows), which might be expected by buyers for a property of this age at this price point.