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37081 Palmdale Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath

37081 Palmdale Road, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,100,000
37081 Palmdale Road, Rancho Mirage, California 92270
3Beds
2Baths
1,470Sqft
11,761Lot
Year Built
1972
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$748
HOA
-
Days on market
-
Sold On
-
MLS number
219126091DA
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 47% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.10M(50th), sqft - 1470(5th), beds - 3(50th), baths - 2(21th).

Seize the opportunity to own a classic MID-CENTURY California Ranch home in the highly sought-after TAMARISK Neighborhood of RANCHO MIRAGE. Set on an expansive lot, this charming 3-bedroom, 2-bathroom residence is full of character and timeless appeal. Step inside to discover a bright, meticulously maintained interior featuring custom flooring, an updated kitchen with quartz countertops, stainless steel appliances, and a convenient breakfast bar. The spacious bedrooms offer plenty of room to relax, while the generous great room is anchored by a striking floor-to-ceiling fireplace. Plus, this is a ''smart home''!!Outdoors, the private desert oasis awaits, complete with an oversized covered patio and a STUNNING BACKYARD featuring a newly renovated pool and spa. Plus, there are no HOA fees to worry about.

Condition Rating
Excellent
Despite being built in 1972, the property has undergone extensive and recent renovations. The kitchen features modern white shaker cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances, indicating a high-quality update. The interior boasts new wood-look tile flooring throughout, recessed lighting, and a fresh, contemporary aesthetic. The backyard includes a newly renovated pool and spa with modern landscaping. The overall condition, particularly the kitchen and outdoor living spaces, appears virtually new and meticulously maintained, aligning with an 'excellent' rating due to significant recent renovations.
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 = 11761, living area = 1470.
Prime Location: Located in the highly sought-after Tamarisk Neighborhood of Rancho Mirage, offering desirability and prestige.
Updated Interior & Kitchen: The home features a meticulously maintained interior with custom flooring and an updated kitchen boasting quartz countertops, stainless steel appliances, and a breakfast bar.
Resort-Style Outdoor Living: A private desert oasis awaits outdoors, complete with an oversized covered patio and a stunning, newly renovated pool and spa.
No HOA Fees: The absence of HOA fees provides a significant financial advantage, reducing monthly carrying costs for the homeowner.
Smart Home Features: The integration of 'smart home' technology offers modern convenience and enhanced living.

Cons

Potential Overpricing: The listing price is significantly higher (47% above) than the estimated property value, which may indicate it is overpriced relative to current market conditions and comparable sales.
Smaller Square Footage: At 1470 sqft, the property is notably smaller than comparable homes in the immediate area (e.g., 1904 sqft and 1901 sqft), potentially limiting its appeal to buyers seeking more living space.
Property Age: Built in 1972, despite updates, the property's age may lead to concerns about the condition of original systems or components not explicitly mentioned as renovated.

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