344 N Sunset Way, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath

344 N Sunset Way, Palm Springs, California 92262 home-pic-0
ACTIVE$1,399,000$2,511/sqft
Est. Value: $1,463,705
4%
BelowEstimate
344 N Sunset Way, Palm Springs, California 92262
4Beds
4Baths
2,511Sqft
14,375Lot

Price Vs. Estimate

The estimated value ($1,463,704.7) is $64,704.7 (4%) higher than the list price ($1,399,000). 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 = 14375, living area = 2511.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2511, other record living area = 2381.

Compared to the nearby listings

Price:$1.40M vs avg $900.0K (+$499,000)78%
Size:2,511 sqft vs avg 2,023 sqft72%
Price/sqft:$557 vs avg $48063%

More Insights

Built in 1957 (69 years old).
Condition: Despite being built in 1957, this property has undergone extensive recent upgrades, including a brand-new 5-ton A/C, 2.5-ton heat pump, new flooring/tile, new carpet, and updated bathrooms. The kitchen features newer stainless steel appliances and new countertops, making it functional and move-in ready. While some stylistic elements in the kitchen and bathrooms are not ultra-modern, they are clean, well-maintained, and do not require immediate renovation. The property's major systems are within their expected lifespan due to recent replacements, aligning well with the 'Good' condition criteria.
Year Built
1957
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$557
HOA
-
Days on market
-
Sold On
-
MLS number
25631755PS
Home ConditionGood
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

First time on the market in over 20 years and an exceptional Sunrise Park offering! Ideally located less than five minutes from vibrant downtown Palm Springs. This charming, private and spacious 4-bedroom residence sits on an expansive 14,000+ sq ft lot and offers over 2,500 square feet of refined desert living. Designed for both elevated everyday living and effortless entertaining, the home showcases sweeping mountain views from the resort-style backyard. Enjoy a sparkling oversized saltwater pool, shaded pergola, and above-ground spa creating the ultimate Palm Springs retreat. Lush landscaping in both front and backyard, ample fruit trees, and multiple outdoor storage sheds further enhance the indoor-outdoor lifestyle this property offers. Inside, the home features updated bathrooms, a newly redone walk-in closet inside primary bedroom, a stylish dry bar, and a tiled living room centered around a cozy fireplace. The upgraded kitchen includes newer appliances, new countertops, and a seamless flow into the main living spaces ideal for hosting. Recent mechanical improvements include a brand-new 5-ton A/C, a 2.5-ton heat pump, new ceiling fans, new washer/dryer, new carpet, new flooring/tile, and pavement painted and resurfaced outside. A total of two A/C units, two furnaces, and two water heaters, offering comfort, efficiency, and peace of mind. Additional highlights include a gated, covered carport for two cars, exceptional privacy, and fee simple land with no HOA, a highly sought-after combination in Palm Springs. This is an excellent opportunity to own a timeless home in one of the city's most desirable neighborhood. Perfect as a full-time residence, second home, or luxury desert escape.

S
Sarah Pearce
Listing Agent

Price History

Date
Event
Price
03/24/06
Sold
$390,000
03/26/02
Sold
$400,000
Condition Rating
Good

Despite being built in 1957, this property has undergone extensive recent upgrades, including a brand-new 5-ton A/C, 2.5-ton heat pump, new flooring/tile, new carpet, and updated bathrooms. The kitchen features newer stainless steel appliances and new countertops, making it functional and move-in ready. While some stylistic elements in the kitchen and bathrooms are not ultra-modern, they are clean, well-maintained, and do not require immediate renovation. The property's major systems are within their expected lifespan due to recent replacements, aligning well with the 'Good' condition criteria.
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 = 14375, living area = 2511.
Prime Location: Ideally situated less than five minutes from vibrant downtown Palm Springs in the highly desirable Sunrise Park neighborhood.
Extensive Recent Upgrades: Significant mechanical and cosmetic improvements including brand-new A/C units, heat pump, new flooring, updated bathrooms, and an upgraded kitchen with newer appliances.
Resort-Style Outdoor Living: Features a spacious, private backyard with sweeping mountain views, an oversized saltwater pool, shaded pergola, and lush landscaping.
Generous Lot Size & Privacy: Sits on an expansive 14,000+ sq ft lot, offering exceptional privacy and ample outdoor space.
No HOA & Fee Simple Ownership: Benefits from fee simple land ownership with no Homeowners Association fees, a highly sought-after advantage in Palm Springs.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2511, other record living area = 2381.
Property Age: Built in 1957, the underlying structure is older, which may present potential for unforeseen maintenance or a layout that, despite updates, retains some original characteristics.
Above-Ground Spa: The presence of an above-ground spa, while functional, may be perceived as less integrated or luxurious compared to an in-ground spa by some discerning buyers.
Carport vs. Enclosed Garage: Parking is provided by a gated, covered carport for two cars, which may be less desirable than a fully enclosed garage for security, storage, and vehicle protection.
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