402 N Hermosa Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath

402 N Hermosa Drive, Palm Springs, California 92262 home-pic-0
ACTIVE$749,000$1,650/sqft
402 N Hermosa Drive, Palm Springs, California 92262
3Beds
3Baths
1,650Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Walkability & Location: Fantastic walk-to-town location allowing easy access to coffee houses, restaurants, and retail shopping, reducing reliance on a car. Also minutes from PSP International Airport and I-10 for commuters.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$749.0K vs avg $336.0K (+$413,000)94%
Size:1,650 sqft vs avg 1,084 sqft90%
Price/sqft:$454 vs avg $34087%

More Insights

Built in 1979 (47 years old).
Condition: The property, built in 1979, features a modernized interior with an updated kitchen, renovated bathrooms, and uniform terracotta tile flooring throughout. The kitchen boasts modern flat-panel cabinetry, white solid-surface countertops, subway tile backsplash, and stainless steel appliances. Bathrooms are also updated with contemporary vanities, fixtures, and glass-enclosed showers. While the original structure is older, the extensive and stylish renovations in key areas make it move-in ready with no immediate updates required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Year Built
1979
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$454
HOA
$800
Days on market
-
Sold On
-
MLS number
26636799PS
Home ConditionGood
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo

About this home

Outstanding opportunity! Great 3-bedroom, 3 bath at rarely available Greenhouse East. This perfectly sited home lives like a single family home but has all the advantages of condo living! Offering abundant outdoor access from nearly every room and is steps away from your own dedicated & private garage. Great floorplan offers outstanding separation of guest suite from Primary. Updated kitchen, renovated baths and uniform flooring throughout which offers a cohesive vibe. Fantastic walk to town location means you can enjoy coffee houses, restaurants and retail shopping and leave your car behind. Minutes to PSP International and I-10 commuters. Perfect for full time home second home. Ample storage, incredibly private courtyard and best priced 3 bedroom on fee land. Incredibly well-maintained grounds, awesome professionald and personal management and one of the best community pools in all of Coachella Valley!

S
Scott Histed
Listing Agent

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.7mi
4/10
Raymond Cree Middle School
Public,6-81.1mi
6/10
Palm Springs High School
Public,9-121.0mi
4/10
Desert Learning Academy
Public,K-121.1mi

Price History

Date
Event
Price
02/21/19
Sold
$530,000
06/01/11
Sold
$150,000
05/15/09
Sold
$300,000
Condition Rating
Good

The property, built in 1979, features a modernized interior with an updated kitchen, renovated bathrooms, and uniform terracotta tile flooring throughout. The kitchen boasts modern flat-panel cabinetry, white solid-surface countertops, subway tile backsplash, and stainless steel appliances. Bathrooms are also updated with contemporary vanities, fixtures, and glass-enclosed showers. While the original structure is older, the extensive and stylish renovations in key areas make it move-in ready with no immediate updates required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Exceptional Walkability & Location: Fantastic walk-to-town location allowing easy access to coffee houses, restaurants, and retail shopping, reducing reliance on a car. Also minutes from PSP International Airport and I-10 for commuters.
Single-Family Home Feel with Condo Benefits: The property offers the spaciousness and privacy of a single-family home while providing the convenience and amenities of condo living, including professional management and well-maintained grounds.
Modernized Interior: Features an updated kitchen, renovated baths, and uniform flooring throughout, creating a cohesive and contemporary aesthetic.
Superior Community Amenities & Management: Part of Greenhouse East, known for its incredibly well-maintained grounds, excellent professional management, and one of the best community pools in Coachella Valley.
Strong Value Proposition on Fee Land: Positioned as the 'best priced 3 bedroom on fee land,' offering a competitive value in the market, coupled with ample storage and an incredibly private courtyard.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Age of Building: Built in 1979, while interior updates are noted, the underlying infrastructure of the building may be older, potentially leading to future maintenance considerations not explicitly covered by renovations.
High Monthly Association Fees: The $800.0 monthly association fee is a significant recurring cost that adds to the overall housing expense and should be factored into a buyer's budget.
Limited View: The property offers a 'Peek-A-Boo' view, which suggests a partial or obstructed perspective rather than a grand, expansive vista, potentially not meeting expectations for buyers seeking prominent views.
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