482 Paragon Loop, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath
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Palm Springs, California 92262
This Modern Desert Residence is a High-Potential Investment Opportunity, listed at $735,000—positioned well below the $760,884 Fair Market Value by 3%. This valuation gap offers $25,884 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and high-end amenities like a saltwater pool, spa, and owned solar, this home offers a turnkey lifestyle. Its fee land status and energy-efficient design ensure long-term value. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 482 Paragon Loop Subject | $735,000* List Price | 2 | 3 | 1,558 | $488 | - |
A 2440 N Girasol Avenue Sold | $842,000 | 3 | 2 | 1,455 | $579 | 0.3 mi |
B 2900 S Redwood Drive Sold | $750,000 | 3 | 2 | 1,481 | $506 | 0.7 mi |
C 461 W Palm Vista Sold | $540,000 | 4 | 2 | 1,284 | $421 | 0.7 mi |
D 2272 N Starr Road Sold | $750,000 | 3 | 2 | 1,416 | $530 | 0.6 mi |
E 504 W Sunview Avenue Sold | $699,000 | 3 | 2 | 1,620 | $431 | 0.8 mi |
F 3773 Mission Peak Sold | $605,000 | 2 | 2 | 1,206 | $502 | 0.7 mi |
G 2693 Paragon Loop Active | $799,000 List Price | 3 | 3 | 1,738 | $460 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and remains in mint condition. It features modern, high-end finishes including polished concrete floors and a designer kitchen. Systems are top-tier and energy-efficient, featuring owned solar, a tankless water heater, and a modern HVAC system, requiring no immediate maintenance.
The home features owned solar, radiant barrier roofing, and high-efficiency HVAC systems, providing significant utility savings and environmental benefits in the desert climate.
A private backyard oasis with a saltwater pool, spa, and mountain views offers a high-end resort experience with low-maintenance, water-wise landscaping.
Situated on fee land near the Uptown Design District, this property avoids the costly land leases common in Palm Springs, enhancing its long-term investment value.
With only two bedrooms, the property may not appeal to larger families or buyers requiring multiple guest rooms, despite the inclusion of a den.
The current list price of $735,000 is notably lower than the previous sale price of $770,000 in 2024, which may indicate a shift in local market demand or valuation.
Experience modern desert living at its finest in this beautifully upgraded home at ICON Palm Springs. Located on fee land in this gated community just minutes from the Uptown Design District, this contemporary residence offers the perfect blend of luxury, comfort, and lock-and-leave convenience. The open concept floor plan is anchored by a dramatic oversized kitchen island and features polished concrete floors, soaring 10-foot ceilings, designer lighting, custom window treatments, and seamless indoor-outdoor living. Step into your private backyard oasis, where a saltwater pool and spa, mountain views, custom landscape lighting, and water-wise desert landscaping create the ultimate resort-style retreat. Upstairs, two spacious ensuite bedrooms each offer a private balcony and walk-in closet, while a versatile den on the main level is perfect for a home office, gym, or media room. A dedicated laundry room, powder room, and attached two-car garage add everyday convenience. Designed with efficiency in mind, the home includes owned solar, radiant barrier roofing, enhanced insulation, dual-pane Low-E windows, an energy-efficient HVAC system, tankless water heater, water softener, reverse osmosis drinking water, security system and cameras, keyless entry, and drip irrigation. With low HOA dues, fee land ownership, and easy access to the best shopping, dining, and entertainment Palm Springs has to offer, this exceptional home captures the essence of modern desert living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,558 | 2,076 |
| Lot Size | - | 10,454 |
| Price | $735.0K | $1.04M |
| Price per sq ft | $472 | $525 |
| Built year | 2018 | 1977 |
| HOA | $315.0 | $332 |
| Days on market | 26 | 75 |
Jun 26, 2026
$735,000
Initial Listing
Jul 16, 2024
$770,000
Public Record
Apr 1, 2019
$555,500
Public Record