4321 Lumina Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath

4321 Lumina Way, Palm Springs, California 92262 home-pic-0
ACTIVE$1,895,000
4321 Lumina Way, Palm Springs, California 92262
3Beds
3Baths
2,593Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($1,738,557.2) is $156,442.8 (8%) lower than the list price ($1,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & Custom Upgrades: Built in 2023, this home is elevated well beyond builder's standard with custom upgrades, designer finishes, and bold artistic touches throughout, offering a move-in ready luxury experience.
Top Cons:
Above Market Estimation: The current listing price of $1.895M is 12% higher than the property's estimated value of $1.654M, potentially indicating it is priced above current market expectations.

Compared to the nearby listings

Price:$1.90M vs avg $925.0K (+$970,000)89%
Size:2,593 sqft vs avg 2,100 sqft71%
Price/sqft:$731 vs avg $49186%

More Insights

Built in 2023 (2 years old).
Condition: This property was built in 2023, making it virtually brand new. The listing explicitly states it features 'custom upgrades, designer finishes, and bold artistic touches throughout,' including a 'showpiece kitchen with premium appliances' and a 'luxe primary suite.' The images confirm a modern, high-end aesthetic with state-of-the-art stainless steel appliances, contemporary cabinetry, quartz countertops, stylish light fixtures, and large format tile flooring. The bathrooms boast a freestanding tub, floating double vanity, and a spacious walk-in shower with modern tiling. Additionally, the presence of 18 owned solar panels and two battery storage backup systems, along with smart-home features, indicates superior energy efficiency and modern electrical systems. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance.
Year Built
2023
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$731
HOA
$240
Days on market
-
Sold On
-
MLS number
25570467PS
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s), Panoramic
Pool
Patio
ViewGolf Course,Mountain(s),Panoramic

About this home

Located in the highly sought-after Escena Golf Club, this Fiore 3-bedroom, 3-bath, 2,593 sq ft home is a masterclass in contemporary design, comfort, and efficiency. Built in 2023 and elevated well beyond the builder's standard, this one-of-a-kind residence showcases custom upgrades, designer finishes, and bold artistic touches throughout. The open-concept layout features soaring ceilings, a showpiece kitchen with premium appliances, and a spacious great room framed by panoramic mountain and golf course views. Large sliders blur the lines between indoor and outdoor living, opening to a private west-facing patio with a sleek pool, the perfect sunset spot. Sustainability meets style with 18 owned solar panels and two battery storage backup systems, offering true peace of mind and energy efficiency year-round. The luxe primary suite, smart-home features, and low-maintenance desert landscaping add to the effortless lifestyle. Set behind the gates of Escena, enjoy access to a premier golf course, scenic walking paths, and a vibrant clubhouse with a renowned restaurant and bar just moments from your door.

Nearby schools

4/10
Agua Caliente Elementary School
Public,K-51.1mi
6/10
Rio Vista Elementary School
Public,K-51.5mi
6/10
Vista Del Monte Elementary School
Public,K-52.7mi
4/10
Raymond Cree Middle School
Public,6-82.2mi
5/10
James Workman Middle School
Public,6-83.3mi
6/10
Palm Springs High School
Public,9-121.6mi
4/10
Desert Learning Academy
Public,K-121.9mi
6/10
Cathedral City High School
Public,9-123.6mi
Condition Rating
Excellent

This property was built in 2023, making it virtually brand new. The listing explicitly states it features 'custom upgrades, designer finishes, and bold artistic touches throughout,' including a 'showpiece kitchen with premium appliances' and a 'luxe primary suite.' The images confirm a modern, high-end aesthetic with state-of-the-art stainless steel appliances, contemporary cabinetry, quartz countertops, stylish light fixtures, and large format tile flooring. The bathrooms boast a freestanding tub, floating double vanity, and a spacious walk-in shower with modern tiling. Additionally, the presence of 18 owned solar panels and two battery storage backup systems, along with smart-home features, indicates superior energy efficiency and modern electrical systems. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction & Custom Upgrades: Built in 2023, this home is elevated well beyond builder's standard with custom upgrades, designer finishes, and bold artistic touches throughout, offering a move-in ready luxury experience.
Exceptional Views & Indoor/Outdoor Living: The property boasts panoramic mountain and golf course views, complemented by large sliders that seamlessly connect indoor and outdoor living spaces to a private west-facing patio with a sleek pool, ideal for sunsets.
Advanced Energy Efficiency & Sustainability: Equipped with 18 owned solar panels and two battery storage backup systems, the residence offers significant energy efficiency and peace of mind year-round, reducing utility costs.
Premium Community Amenities & Location: Located within the highly sought-after, gated Escena Golf Club, residents enjoy access to a premier golf course, scenic walking paths, and a vibrant clubhouse with a renowned restaurant and bar.
Modern Design & Luxury Features: Showcasing a masterclass in contemporary design with an open-concept layout, soaring ceilings, a showpiece kitchen with premium appliances, a luxe primary suite, and smart-home features.

Cons

Above Market Estimation: The current listing price of $1.895M is 12% higher than the property's estimated value of $1.654M, potentially indicating it is priced above current market expectations.
High Price Per Square Foot: At approximately $730 per square foot, the property commands a premium price for its size, which may narrow the pool of prospective buyers.
Ongoing Association Fees: A monthly association fee of $240 adds to the recurring cost of homeownership, which is an important budgetary consideration for potential buyers.

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