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2964 E Orella Circle, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath

2964 E Orella Circle, Palm Springs, California 92264 home-pic-0
ACTIVE$1,275,000$1,772/sqft
Est. Value: $1,360,925
6%
BelowEstimate
2964 E Orella Circle, Palm Springs, California 92264
3Beds
3Baths
1,772Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($1,360,924.825) is $85,924.825 (6%) higher than the list price ($1,275,000). This property may be underpriced.

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 = 8712, living area = 1772.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$1.27M vs avg $1.29M ($-17,500)47%
Size:1,772 sqft vs avg 2,189 sqft31%
Price/sqft:$720 vs avg $60076%

More Insights

Built in 1977 (49 years old).
Condition: This property was built in 1977 but underwent an extensive, full renovation in 2024, making it virtually new. The kitchen features custom cabinetry, quartz countertops, premium Bespoke appliances, new lighting, and recessed lighting. Bathrooms are tastefully updated with new vanities, mirrors, lighting, and fixtures, including porcelain tile and glass-enclosed showers. New porcelain tile flooring throughout, a serviced HVAC system (2021), and a roof replaced approximately 8 years ago further support an 'excellent' rating, as all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1977
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$720
HOA
$792
Days on market
-
Sold On
-
MLS number
26632267PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Beautifully remodeled 1970s Mid-Century three-bedroom home in the highly desirable Los Compadres neighborhood of South Palm Springs, situated on fee land. This move-in-ready residence features a thoughtfully designed floor plan, with one of the bedrooms offering flexibility as a den, home office, or guest space, along with a spacious primary suite showcasing panoramic mountain views.Fully renovated in 2024, the home boasts new porcelain tile flooring throughout, a custom kitchen with quartz countertops, and premium Bespoke appliances. Bathrooms have been tastefully updated with new vanities, mirrors, lighting, and fixtures, complemented by additional upgrades including custom pantry cabinetry, recessed lighting, new window treatments, refreshed landscaping, and a new garage door with epoxy-finished flooring.The backyard is a private desert oasis, highlighted by a boomerang-shaped Pebble Tec pool and spa, ideal for both entertaining and relaxation. As part of an intimate 50-home HOA, residents enjoy access to a private 2-acre park with a dog park, tennis courts, and pickleball courts, conveniently located near Beverly and Alta Loma Drive.This home seamlessly blends classic Mid-Century character with modern finishes in one of Palm Springs' most sought-after neighborhoods, close to shopping, dining, and local amenities. Buyer and Buyer's agent to verify all information and conduct their own due diligence.Agent Remarks: Agent has ownership interest in the property. Previous owner passed away in the home approximately two years ago.

B
Bryan Boomershine
Listing Agent

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•1.4mi
4/10
Raymond Cree Middle School
Public,•6-8•2.9mi
4/10
Desert Learning Academy
Public,•K-12•0.8mi
6/10
Palm Springs High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
08/05/24
Sold
$820,000
12/27/12
Sold
$100,000
Condition Rating
Excellent
This property was built in 1977 but underwent an extensive, full renovation in 2024, making it virtually new. The kitchen features custom cabinetry, quartz countertops, premium Bespoke appliances, new lighting, and recessed lighting. Bathrooms are tastefully updated with new vanities, mirrors, lighting, and fixtures, including porcelain tile and glass-enclosed showers. New porcelain tile flooring throughout, a serviced HVAC system (2021), and a roof replaced approximately 8 years ago further support an 'excellent' rating, as all components are new or virtually new, meeting current quality standards with no 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 = 8712, living area = 1772.
Extensive 2024 Renovation: The home was fully renovated in 2024, featuring new porcelain tile flooring, a custom kitchen with quartz countertops and premium Bespoke appliances, updated bathrooms, and refreshed landscaping, making it move-in ready.
Desirable Location & Fee Land: Situated in the highly sought-after Los Compadres neighborhood of South Palm Springs on fee land, which is a significant advantage in the area.
Private Desert Oasis with Pool & Spa: The backyard offers a private desert oasis with a boomerang-shaped Pebble Tec pool and spa, perfect for relaxation and entertaining in the Palm Springs climate.
Exclusive HOA Amenities: Part of an intimate 50-home HOA providing access to a private 2-acre park with a dog park, tennis courts, and pickleball courts, enhancing lifestyle and community appeal.
Mid-Century Charm with Modern Updates: The property beautifully blends its classic 1970s Mid-Century character with contemporary finishes, appealing to a broad range of buyers seeking Palm Springs' iconic style.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Previous Owner Death Disclosure: The previous owner passed away in the home approximately two years ago, which is a material fact that may deter some potential buyers due to personal preferences or perceived stigma.
Agent Ownership Interest: The listing agent has an ownership interest in the property, which, while disclosed, can sometimes raise questions or concerns for buyers regarding impartiality.
High Monthly HOA Fees: The property carries a substantial monthly HOA fee of $792, which adds significantly to the overall cost of homeownership and could impact affordability for some buyers.
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