3881 E Camino San Miguel, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
ACTIVE$675,000
3881 E Camino San Miguel, Palm Springs, California 92264
3Beds
2Baths
1,152Sqft
6,970Lot
Year Built
1949
Close
-
List price
$675K
Original List price
$765K
Price/Sqft
$586
HOA
-
Days on market
-
Sold On
-
MLS number
219120760DA
Home ConditionExcellent
Features
Good View:
Pool
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 54% below the list price. We found 3 Cons,5 Pros. Rank: price - $675.0K(9th), sqft - 1152(5th), beds - 3(50th), baths - 2(33th).
Move in ready for your primary, secondary, or short term rental! Great annual and short term rental history. This remodeled three bedroom, two bath, pool home located in Demuth Park is a must see. Remodeled kitchen and bathrooms, fresh paint, and sparkling pool and upgraded decking. Low maintenance, high opportunity! Call today to set your appointment.
Nearby schools
4/10
Agua Caliente Elementary School
Public,•K-5•1.2mi
4/10
Cahuilla Elementary School
Public,•K-5•2.0mi
4/10
Raymond Cree Middle School
Public,•6-8•2.9mi
6/10
Palm Springs High School
Public,•9-12•0.9mi
4/10
Desert Learning Academy
Public,•K-12•1.0mi
6/10
Cathedral City High School
Public,•9-12•3.0mi
Condition Rating
Excellent
Despite being built in 1949, this property has undergone an extensive and recent renovation, as evidenced by the 'remodeled kitchen and bathrooms, fresh paint, and sparkling pool and upgraded decking' mentioned in the description. The images showcase a modern kitchen with sleek, dark flat-panel cabinetry, light quartz countertops, a contemporary mosaic tile backsplash, and new stainless steel appliances including a gas range and modern hood. The living areas feature large format light gray tile flooring, while bedrooms have new-looking gray carpeting. Modern light fixtures, including recessed lighting and stylish ceiling fans, are present throughout. The overall aesthetic is clean, current, and 'move-in ready,' indicating that all visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Turnkey Condition: The property is explicitly described as 'move-in ready' with recently 'remodeled kitchen and bathrooms' and 'fresh paint,' appealing to buyers seeking immediate occupancy or rental readiness.
Proven Income Potential: Boasts 'great annual and short term rental history,' making it an attractive investment for those looking for a revenue-generating property.
Private Pool & Outdoor Living: Features a 'sparkling pool and upgraded decking,' providing a desirable outdoor amenity essential for the Palm Springs lifestyle and rental appeal.
Desirable Neighborhood: Located in 'Demuth Park,' a well-regarded Palm Springs subdivision, offering a good community and location for residents or renters.
Low Maintenance Appeal: Marketed as 'low maintenance,' which is a significant draw for investors or second-home owners looking to minimize upkeep efforts.
Cons
Significant Overpricing: The current listing price of $675,000 is substantially higher than the estimated property value of approximately $308,763, suggesting a considerable overvaluation.
Extended Market Time & Price History: Having been on the market since December 2024 and already undergoing a $90,000 price reduction from its original list price of $765,000, indicates challenges in attracting buyers at its current valuation.
Age of Construction: Built in 1949, the property is 75 years old. While remodeled, older homes can still carry inherent risks of aging infrastructure or systems that may require future investment beyond cosmetic updates.