2980 Calle Loreto, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath

2980 Calle Loreto, Palm Springs, California 92264 home-pic-0
ACTIVE$575,000
2980 Calle Loreto, Palm Springs, California 92264
3Beds
2Baths
2,104Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive 2022 Renovations: The property boasts recent 2022 renovations including a fully remodeled kitchen with a stylish island, updated baths with a luxurious freestanding soaking tub, new flooring, carpet, and lighting, ensuring a modern and fresh interior.
Top Cons:
30-Day Minimum Rental Restriction: The community imposes a 30-day minimum rental restriction, limiting potential for short-term rental income and flexible investment strategies.

Compared to the nearby listings

Price:$575.0K vs avg $442.4K (+$132,550)70%
Size:2,104 sqft vs avg 1,307 sqft88%
Price/sqft:$273 vs avg $33817%

More Insights

Built in 1984 (41 years old).
Condition: Despite being built in 1984, this property qualifies as 'Excellent' due to the extensive and recent 2022 renovations. The listing explicitly states a fully remodeled kitchen with new appliances and a stylish island, updated baths featuring a luxurious freestanding soaking tub, new lighting, fresh carpet, and layered flooring throughout. Furthermore, mechanical systems including plumbing, electrical, and AC (under warranty) have been inspected and updated. The images corroborate a modern, high-quality interior with contemporary finishes, making the property virtually new and move-in ready with no deferred maintenance.
Year Built
1984
Close
-
List price
$575K
Original List price
$585K
Price/Sqft
$273
HOA
$522.95
Days on market
-
Sold On
-
MLS number
25525615PS
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Golf Course
Patio
ViewPark/Greenbelt,Golf Course

About this home

This beautifully expanded condo offers an open, inviting living area with plantation shutters and a seamless flow to a private patio, perfect for entertaining with a built-in grill, custom-tiled counters, and extra storage. Recent 2022 renovations include a fully remodeled kitchen with a stylish island and new appliances, updated baths with a luxurious freestanding soaking tub, fresh carpet and blinds in bedrooms, new lighting, and layered flooring throughout. Mechanical systems have been inspected and updated, including plumbing, electrical, and AC (under warranty). Garage door and entry fixtures are new, and all previous repairs are complete. Move-in ready for those seeking comfort, style, and modern amenities! Located within the highly desirable west gate side of Cathedral Canyon Country Club in Palm Springs, the gated community provides both a sense of tranquility and security. Experience resort-style living with this exceptional property, featuring an 18-hole golf course offering affordable fees, plus access to 10 tennis courts, sparkling pools, and relaxing spas. Enjoy the convenience of a spacious 2-car garage, as well as a separate golf cart garage. The garage also features an easily accessible storage attic. Please note: 30-day minimum rental restrictions apply. This lovely, serene property is ideally located near premier shopping, dining, casinos, and the famous Living Desert Zoo. This is an outstanding opportunity to live and enjoy the perfect desert home. Seller is deemed reliable and trustworthy but Equity Union and sellers agent does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of the property provided by the seller or obtained from public records or other sources. The buyer is advised to independently verify all information through personal and professional inspections. Buyer to verify during the due diligence phase.

Condition Rating
Excellent

Despite being built in 1984, this property qualifies as 'Excellent' due to the extensive and recent 2022 renovations. The listing explicitly states a fully remodeled kitchen with new appliances and a stylish island, updated baths featuring a luxurious freestanding soaking tub, new lighting, fresh carpet, and layered flooring throughout. Furthermore, mechanical systems including plumbing, electrical, and AC (under warranty) have been inspected and updated. The images corroborate a modern, high-quality interior with contemporary finishes, making the property virtually new and move-in ready with no deferred maintenance.
Pros & Cons

Pros

Extensive 2022 Renovations: The property boasts recent 2022 renovations including a fully remodeled kitchen with a stylish island, updated baths with a luxurious freestanding soaking tub, new flooring, carpet, and lighting, ensuring a modern and fresh interior.
Updated Mechanical Systems: Mechanical systems, including plumbing, electrical, and AC (under warranty), have been inspected and updated, providing peace of mind and reducing immediate maintenance concerns for the buyer.
Resort-Style Gated Community Amenities: Located within the desirable Cathedral Canyon Country Club, residents enjoy resort-style living with an 18-hole golf course (affordable fees), 10 tennis courts, sparkling pools, spas, and enhanced security.
Private Outdoor Entertaining Space: A private patio with a built-in grill, custom-tiled counters, and extra storage offers an ideal and well-equipped space for outdoor entertaining and relaxation.
Convenient Location & Golf Course Views: The property is ideally situated near premier shopping, dining, casinos, and attractions, complemented by desirable park/greenbelt and golf course views.

Cons

30-Day Minimum Rental Restriction: The community imposes a 30-day minimum rental restriction, limiting potential for short-term rental income and flexible investment strategies.
Significant Monthly HOA Fees: A monthly association fee of $522.95 adds a substantial recurring cost to homeownership, which buyers must factor into their budget.
Older Building Structure: Despite extensive interior renovations, the property's original construction year of 1984 means the overall building structure is older, potentially leading to higher common area maintenance costs or future assessments.

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