464 E Calle Begonia, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This property presents a High-Potential Investment Opportunity with a List Price of $406,500—positioned well below the $406,500 Fair Market Value by 0%. Featuring Fee Simple Land ownership and recent infrastructure upgrades like a 2024 HVAC unit and dual-pane windows, the home offers a solid foundation. With a Condition Rating of 4, the interior requires cosmetic modernization to reach its full potential. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime Palm Springs location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 464 E Calle Begonia Subject | $406,500* List Price | 3 | 2 | 1,359 | $299 | - |
A 466 E Calle Begonia Sold | $450,000 | 2 | 2 | 1,359 | $331 | 0.0 mi |
B 1456 Tiffany Circle N Sold | $430,000 | 2 | 2 | 1,251 | $344 | 0.9 mi |
C 1384 E Andreas Road Sold | $362,000 | 2 | 2 | 1,595 | $227 | 0.9 mi |
D 323 S Calle Jasmin Sold | $449,900 | 2 | 2 | 1,218 | $369 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is over 40 years old but features significant recent system upgrades including a new 2024 HVAC unit and new dual-pane windows. While the flooring has been updated to modern LVP, the kitchen and bathrooms appear dated, and the listing explicitly invites buyers to 'create your own personal style' with the help of contractors, indicating a need for cosmetic modernization.
A significant advantage in the Palm Springs market, this property is on Fee Simple land rather than a land lease, offering the owner full title and easier financing options.
The home features a brand-new A/C unit installed in late 2024, a master bedroom split system, and new dual-pane windows, reducing immediate capital expenditure for the buyer.
Located on a private corner lot within a gated community, residents enjoy access to four pools, spas, pickleball courts, and a recreation room, all within minutes of downtown.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 2613.
With over 200 days on the market and four consecutive price reductions, the property has struggled to find a buyer, which may affect its perceived market value.
The listing's emphasis on 'creating your own style' and providing contractor referrals suggests the interior requires significant updating to meet modern buyer expectations.
This bright 3 Bedroom, 2 Bath Two-Story home with its conveniently central location is ready for you to create your own personal style. An all new A/C Unit was installed end of 2024. Up stairs a recently added Splitter A/C in the Main Bedroom and new dual pane windows. It is nicely situated on a private corner lot inside the gated community of Sundial Condos that offers 4 Pools, Spas, Pickleball Courts and its own Recreation Room. You'll be happy to know you are only minutes away from Downtown Palm Springs, shopping, eateries, karaoke, coffee houses, dog park and much more...feel free to drive or bicycle. For you frequent Travelers the Palm Springs International Airport is near and easy to get to. All this while knowing you are on Fee Simple Land too. 'Seller is highly Motivated to Sell. We have Terrific, Reliable, very Reasonable Contractor/Craftsmen ready to work with your Dreams!'
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,359 | 1,199 |
| Lot Size | 0.06 | 1,742 |
| Price | $406.5K | $445.8K |
| Price per sq ft | $299 | $351 |
| Built year | 1980 | 1980 |
| HOA | $522.0 | $587 |
| Days on market | 217 | 67 |
Jun 6, 2026
$406,500
$416,000
-2% Price Drop
Initial Listing
May 19, 2026
$416,000
$428,300
-3% Price Drop
Initial Listing
Apr 14, 2026
$428,300
$443,000
-3% Price Drop
Initial Listing
Dec 17, 2025
$443,000
Initial Listing
Aug 31, 2023
$407,000
Public Record