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473 N Burton Way, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 5 bath

473 N Burton Way, Palm Springs, California 92262 home-pic-0
ACTIVE$2,499,999$3,437/sqft
Est. Value: $2,420,319
-3%
AboveEstimate
473 N Burton Way, Palm Springs, California 92262
5Beds
5Baths
3,437Sqft
12,632Lot

Price Vs. Estimate

The estimated value ($2,420,319.095) is $79,679.905 (3%) lower than the list price ($2,499,999). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Renovation: Completely reimagined in 2017, this residence blends all-new construction with thoughtful mid-century architectural nods, offering contemporary luxury within a classic design.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$2.50M vs avg $900.0K (+$1,599,999)94%
Size:3,437 sqft vs avg 2,023 sqft94%
Price/sqft:$727 vs avg $48085%

More Insights

Built in 1961 (65 years old).
Condition: This property, originally built in 1961, was 'completely reimagined in 2017' with 'all-new construction,' making it virtually new. The kitchen features high-end stainless steel appliances, modern two-tone cabinetry, quartz countertops with a waterfall island, and contemporary lighting. Bathrooms are luxurious with floating vanities, vessel sinks, freestanding tubs, and large walk-in showers with multiple heads and modern tiling. Hardwood flooring is consistent throughout, and all fixtures and finishes are current and in pristine condition, indicating no deferred maintenance and minimal depreciation.
Year Built
1961
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$727
HOA
-
Days on market
-
Sold On
-
MLS number
219140613PS
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Stunning reintroduced home in the desirable Sunrise Park neighborhood of Palm Springs. Originally built in 1961 and completely reimagined in 2017, this residence blends all-new construction with thoughtful mid-century architectural nods. A large circular driveway and private gated entrance set the tone for this impressive property. Offering over 3,400 square feet, the home features 5 bedrooms and 4.5 bathrooms--with 4 bedrooms en suite, including the attached casita. Bright, open living spaces flow seamlessly between the kitchen, dining, and living areas, creating an exceptional indoor/outdoor lifestyle. Walls of glass open to a beautifully designed backyard with breathtaking mountain views, a sparkling pool and spa with laminar deck jets, and a custom firepit with generous seating--perfect for entertaining or relaxing under the desert sky. The oversized primary suite enjoys direct access to the pool and spa and includes a luxurious bathroom with a soaking tub, walk-in shower, and expansive walk-in closet. Additional guest suites are thoughtfully positioned on the opposite side of the home for optimal privacy. The fifth bedroom is currently used as a home office, offering flexible space for work, guests, or hobbies. Additional highlights include a spacious laundry room with direct access to the three-car garage. The casita features its own patio and a bathroom with convenient pool access--ideal for guests and entertaining. Located in one of Palm Springs' most sought-after neighborhoods, Sunrise Park offers close proximity to shopping, dining, casinos, and the vibrant nightlife of downtown Palm Springs. Schedule your private showing today.

J
James Bianco
Listing Agent

Price History

Date
Event
Price
02/07/22
Sold
$2,275,000
Condition Rating
Excellent
This property, originally built in 1961, was 'completely reimagined in 2017' with 'all-new construction,' making it virtually new. The kitchen features high-end stainless steel appliances, modern two-tone cabinetry, quartz countertops with a waterfall island, and contemporary lighting. Bathrooms are luxurious with floating vanities, vessel sinks, freestanding tubs, and large walk-in showers with multiple heads and modern tiling. Hardwood flooring is consistent throughout, and all fixtures and finishes are current and in pristine condition, indicating no deferred maintenance and minimal depreciation.
Pros & Cons

Pros

Extensive Modern Renovation: Completely reimagined in 2017, this residence blends all-new construction with thoughtful mid-century architectural nods, offering contemporary luxury within a classic design.
Exceptional Indoor/Outdoor Living: Bright, open living spaces with walls of glass seamlessly connect to a beautifully designed backyard featuring breathtaking mountain views, a sparkling pool, spa with laminar deck jets, and a custom firepit, ideal for entertaining.
Prime Location & Accessibility: Located in the highly sought-after Sunrise Park neighborhood, offering close proximity to Palm Springs' vibrant downtown, shopping, dining, and entertainment.
Luxurious & Private Accommodations: Boasting 5 bedrooms and 4.5 bathrooms, including 4 en-suite bedrooms and an attached casita with its own patio and pool access, providing ample privacy and comfort for residents and guests.
Desirable Architectural Style & Curb Appeal: The property features appealing mid-century architectural elements, complemented by a large circular driveway and private gated entrance, enhancing its aesthetic and exclusive feel.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Recent Price History: The property sold in February 2022 for $2.275M and is now listed at $2.499M, which may prompt buyer scrutiny regarding recent market appreciation or potential negotiation.
High Maintenance for Luxury Amenities: The extensive outdoor features, including a large pool, spa, and custom firepit, while desirable, will require significant ongoing maintenance and associated costs.
Potential for High Utility Costs: A 3,400+ sqft home with extensive glass walls and a pool/spa in the Palm Springs desert climate suggests potentially substantial utility expenses for cooling, pool operation, and water.
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