38760 Maracaibo Circle, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 5 bath
38760 Maracaibo Circle
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 38760 Maracaibo Circle, Palm Springs, California 92264 reveals a property with a current list price of $1,650,000, which is 4% above the estimated $1,577,853 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38760 Maracaibo Circle Subject | $1,650,000* List Price | 4 | 5 | 3,624 | $435 | - |
A 725 W Azalea Circle W Active Under Contract | $1,849,000 List Price | 4 | 6 | 4,231 | $437 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 2001, making it 23 years old. According to the provided criteria, homes built over 20 years ago without documented major renovations fall into the 'fair' category. While the listing describes a well-maintained home with high ceilings and ensuite bedrooms, the lack of mention regarding recent updates to the kitchen or bathrooms suggests these features likely reflect original 2001 styles and components.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 15246, living area = 3624.
CONSRISKS & DEFICIENCIES
About 38760 Maracaibo Circle
Located in the gated community of Parc Andreas, this 4-bed, 5-bath home offers 3,624 sq ft of generous living space on a private .35-acre lot. The floor plan features formal living and dining, a spacious great room, and multiple doors that open to the pool, spa, and mountain views. All bedrooms are ensuite, including a large primary suite with garden access. High ceilings, flooded with natural light. Excellent storage in 3 car garage including two walls of cabinets. A rare opportunity to own in Parc Andreas, one of south Palm Springs' most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 15,246 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $258.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 2.9 mi
Raymond Cree Middle School
Grades 6-8 • 5.4 mi
Desert Learning Academy
Grades K-12 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 5.0 | 3.0 | 86% |
| Square foot | 3,624 | 2,319.5 | 90% |
| Lot Size | 15,246 | 10,454 | 84% |
| Price | $1.65M | $1.44M | 63% |
| Price per sq ft | $455 | $606 | 22% |
| Built year | 2001 | 1972 | 71% |
| HOA | $258.0 | $0 | 87% |
| Days on market | 87 | 163 | 14% |
Pricing History
Listed for Sale
Feb 19, 2026
$1,650,000
$1,675,000
-1% Price Drop
Initial Listing
Price Change
Jan 21, 2026
$1,675,000
$1,700,000
-1% Price Drop
Initial Listing
Price Change
Dec 10, 2025
$1,700,000
Initial Listing