316 Big Canyon Drive, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 5 bath

316 Big Canyon Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$1,790,000
316 Big Canyon Drive, Palm Springs, California 92264
4Beds
5Baths
2,650Sqft
10,454Lot

Price Vs. Estimate

The estimated value ($1,790,000) is $0 (0%) lower than the list price ($1,790,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location & Walkability: The property is situated in the highly desired Historic Tennis Club neighborhood, within a secure gated community, offering convenient walkability to downtown Palm Springs' vibrant dining, shopping, and entertainment.
Top Cons:
Ongoing Association Fees: The property is subject to a monthly association fee of $250, which represents an additional recurring cost for homeowners.

Compared to the nearby listings

Price:$1.79M vs avg $1.28M (+$508,000)77%
Size:2,650 sqft vs avg 2,178 sqft69%
Price/sqft:$675 vs avg $59768%

More Insights

Built in 2004 (21 years old).
Condition: This property, built in 2004, has undergone significant and recent high-quality renovations, particularly in key areas. The kitchen features 'newly updated custom cabinetry, countertops, backsplash, and Wolf and KitchenAid appliances,' which are evident in the images, showcasing a modern, high-end design. The bathrooms also present a contemporary style with vessel sinks, modern vanities, and updated fixtures. The description notes a 'recently re-done pool and spa' and a 30-panel owned solar system, further indicating recent upgrades and excellent condition. The overall aesthetic, flooring (mix of modern tile and wood-look tile), and lighting fixtures are current and show minimal to no physical depreciation, aligning with the criteria for an 'excellent' rating due to extensive recent renovations.
Year Built
2004
Close
-
List price
$1.79M
Original List price
$1.85M
Price/Sqft
$675
HOA
$250
Days on market
-
Sold On
-
MLS number
25600161PS
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Within the highly desired neighborhood of Historic Tennis Club, you will find the unique gated community of Canyons at Belardo, a cozy enclave of 32 homes in the heart of Palm Springs. This stunning four-bedroom, four-and-a-half-bathroom home offers the perfect blend of luxury and desert charm. With 2,650 square feet of thoughtfully designed living space, this property showcases breathtaking mountain views that serve as your daily backdrop. This home features high ceilings and lots of light throughout the open great room with a chef's kitchen complete with newly updated custom cabinetry, countertops, backsplash, and Wolf and KitchenAid appliances. The location offers the rare combination of peaceful residential living with convenient walkability to downtown Palm Springs. You'll find yourself just minutes away from the vibrant dining, shopping, and entertainment and all that downtown has to offer. The main home's 3 bedrooms are all ensuite. One of the property's most appealing features is the detached casita, perfect for guests, a home office, or creative studio space. The 30-panel owned solar system ensures energy efficiency while reducing utility costs. Outside you'll find a sparkling recently re-done pool and spa, cozy fire pit, and outdoor kitchen all ready for poolside entertaining or just relaxing at home. The expansive mountain views create an ever-changing canvas throughout the day, from sunrise pastels to dramatic sunset silhouettes. This home represents more than just a place to live; it's your gateway to the coveted Palm Springs lifestyle in a secure, well-positioned neighborhood that offers both tranquility and accessibility.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.7mi
4/10
Raymond Cree Middle School
Public,6-82.3mi
4/10
Desert Learning Academy
Public,K-121.6mi
6/10
Palm Springs High School
Public,9-121.8mi
Condition Rating
Excellent

This property, built in 2004, has undergone significant and recent high-quality renovations, particularly in key areas. The kitchen features 'newly updated custom cabinetry, countertops, backsplash, and Wolf and KitchenAid appliances,' which are evident in the images, showcasing a modern, high-end design. The bathrooms also present a contemporary style with vessel sinks, modern vanities, and updated fixtures. The description notes a 'recently re-done pool and spa' and a 30-panel owned solar system, further indicating recent upgrades and excellent condition. The overall aesthetic, flooring (mix of modern tile and wood-look tile), and lighting fixtures are current and show minimal to no physical depreciation, aligning with the criteria for an 'excellent' rating due to extensive recent renovations.
Pros & Cons

Pros

Exceptional Location & Walkability: The property is situated in the highly desired Historic Tennis Club neighborhood, within a secure gated community, offering convenient walkability to downtown Palm Springs' vibrant dining, shopping, and entertainment.
Stunning Mountain Views: Enjoy breathtaking and expansive mountain views that provide an ever-changing backdrop from sunrise to dramatic sunset silhouettes, enhancing the property's aesthetic appeal and value.
Versatile Detached Casita: A significant value-add is the detached casita, offering flexible space perfect for guests, a dedicated home office, or a creative studio, catering to diverse lifestyle needs.
Energy-Efficient Owned Solar System: The inclusion of a 30-panel owned solar system ensures substantial energy efficiency and reduced utility costs, appealing to environmentally conscious buyers and offering long-term savings.
Luxurious Outdoor Entertainment Area: The recently re-done pool and spa, cozy fire pit, and outdoor kitchen create an ideal setting for poolside entertaining and relaxation, embodying the coveted Palm Springs lifestyle.

Cons

Ongoing Association Fees: The property is subject to a monthly association fee of $250, which represents an additional recurring cost for homeowners.
Recent Price Adjustment: A recent price reduction from the original list price of $1.85M to $1.79M could indicate initial overpricing or a need to attract more buyer interest in the current market.
Potential for Limited Privacy: As part of a 'cozy enclave of 32 homes,' the property might offer less expansive private outdoor space and closer proximity to neighbors compared to standalone luxury estates, which some buyers may prefer.

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