45371 Rancho Palmeras Drive, Indian Wells, California 92210, Indian Wells, 92210 - 3 bed, 2 bath

45371 Rancho Palmeras Drive, Indian Wells, California 92210 home-pic-0
ACTIVE$1,730,000
45371 Rancho Palmeras Drive, Indian Wells, California 92210
3Beds
2Baths
2,209Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($865,898.37) is $864,101.63 (49%) lower than the list price ($1,730,000). This property may be overpriced.

Key pros and cons

Top 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 = 10019, living area = 2209.
Top Cons:
Significant Overpricing: The listing price of $1,730,000 is nearly double the estimated property value of $865,898.37, indicating a substantial overvaluation that could deter potential buyers and prolong market time.

Compared to the nearby listings

Price:$1.73M vs avg $1.76M ($-34,500)50%
Size:2,209 sqft vs avg 3,068 sqft9%
Price/sqft:$783 vs avg $59576%

More Insights

Built in 1960 (65 years old).
Condition: Despite being built in 1960, the property has undergone an extensive, high-quality renovation, evident in the gourmet kitchen with top-tier Monogram and Dacor appliances, luxurious stone countertops, and modern wood cabinetry. The bathrooms are also fully updated with high-end finishes like stone surrounds and modern fixtures. Throughout the home, travertine flooring, vaulted tongue and groove ceilings, and contemporary lighting create a sophisticated aesthetic. Modern efficiencies such as an owned 32-panel solar system, mini-split in the garage, WiFi-controlled garage doors, and motorized blinds further indicate a recent and comprehensive upgrade to current quality standards, leaving no deferred maintenance.
Year Built
1960
Close
-
List price
$1.73M
Original List price
$1.73M
Price/Sqft
$783
HOA
-
Days on market
-
Sold On
-
MLS number
219130460DA
Home ConditionExcellent
Features
Excellent View: Mountain(s), Panoramic
Pool
Patio
ViewMountain(s), Panoramic

About this home

Architecturally Distinctive Home in the Heart of Indian Wells | Discover an exquisite Mid-Century Modern home that seamlessly blends architectural significance with breathtaking natural beauty. Nestled on a prime corner lot, this one-of-a-kind residence is defined by its striking floating 'V' roof line and unparalleled south and west facing mountain views. Stepping through the grand glass entry door, you're welcomed by a stunning custom angular rock fireplace, setting the tone for the home's sophisticated yet inviting atmosphere. Vaulted tongue and groove ceilings elevate the living spaces, while clerestory and floor-to-ceiling windows bathe the interiors in natural light and perfectly frame the captivating views of Eisenhower Mountain. Designed for effortless entertaining, the open concept layout flows seamlessly between the living room, family room, and chef's kitchen, extending to the resort style backyard. The gourmet kitchen is a chef's dream, boasting top tier appliances, including a Monogram built in refrigerator, Dacor five burner cooktop, and Dacor built-in oven and microwave. Throughout the home, travertine flooring extends seamlessly to the outdoor spaces, creating a harmonious indoor-outdoor connection. Outside, the private backyard oasis showcases a large sparkling saltwater pool, enhanced by two striking stone water features and dramatic fire bowls floating atop. The backdrop of sweeping mountain vistas transforms every sunset into a masterpiece. For modern efficiency and convenience, the home is equipped with an OWNED 32-PANEL SOLAR SYSTEM, a mini-split system in the garage, WiFi-controlled garage doors, and motorized blinds. Every detail of this architecturally significant mid-century masterpiece has been thoughtfully designed to inspire. A rare find in Indian Wells, this home is a true work of art. Furnishings are negotiable outside of escrow. As an Indian Wells resident, you'll have access to exclusive privileges through the IW Resident Card, including preferred rates at the IW Golf Resort and special discounts at select local IW restaurants.

Nearby schools

8/10
Gerald R. Ford Elementary School
Public,K-52.1mi
7/10
Palm Desert High School
Public,9-121.2mi
Condition Rating
Excellent

Despite being built in 1960, the property has undergone an extensive, high-quality renovation, evident in the gourmet kitchen with top-tier Monogram and Dacor appliances, luxurious stone countertops, and modern wood cabinetry. The bathrooms are also fully updated with high-end finishes like stone surrounds and modern fixtures. Throughout the home, travertine flooring, vaulted tongue and groove ceilings, and contemporary lighting create a sophisticated aesthetic. Modern efficiencies such as an owned 32-panel solar system, mini-split in the garage, WiFi-controlled garage doors, and motorized blinds further indicate a recent and comprehensive upgrade to current quality standards, leaving no deferred maintenance.
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 = 10019, living area = 2209.
Architectural Significance & Design: This is an 'Architecturally Distinctive' and 'exquisite Mid-Century Modern home' with a 'striking floating 'V' roof line' and unique features like a 'custom angular rock fireplace' and 'vaulted tongue and groove ceilings', positioning it as a 'true work of art'.
Panoramic Mountain Views: The property boasts 'unparalleled south and west facing mountain views' of Eisenhower Mountain, with 'sweeping mountain vistas' that enhance the aesthetic appeal and value.
Resort-Style Outdoor Living: The private backyard is a 'resort style backyard oasis' featuring a 'large sparkling saltwater pool', 'two striking stone water features', and 'dramatic fire bowls', ideal for entertaining and relaxation.
Modern Upgrades & Efficiency: Equipped with an 'OWNED 32-PANEL SOLAR SYSTEM', a 'mini-split system in the garage', 'WiFi-controlled garage doors', and 'motorized blinds', the home offers significant modern conveniences and energy efficiency.
Gourmet Chef's Kitchen: The kitchen is described as a 'chef's dream' with 'top tier appliances', including a Monogram built-in refrigerator, Dacor five-burner cooktop, and Dacor built-in oven and microwave.

Cons

Significant Overpricing: The listing price of $1,730,000 is nearly double the estimated property value of $865,898.37, indicating a substantial overvaluation that could deter potential buyers and prolong market time.
Limited Bathrooms for Price Point: With only 2 bathrooms for a 3-bedroom home of 2209 sqft at this price point, it may not meet the expectations of luxury buyers, especially when compared to similar properties offering more bathrooms.
Potential for Undisclosed Older Systems: Despite modern upgrades, the 1960 build year suggests that core systems (e.g., main house HVAC, plumbing, electrical) might not be fully updated, which could lead to unforeseen maintenance costs or concerns for buyers.

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