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48320 Beverly Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath

48320 Beverly Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$1,000,000
48320 Beverly Drive, Palm Desert, California 92260
3Beds
3Baths
3,046Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($1,000,000) is $0 (0%) lower than the list price ($1,000,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic & Elevated Views: The property offers unparalleled wraparound, elevated views of the mountains, city lights, and hills, with patio spaces surrounding the home to maximize the stunning scenery.
Top Cons:
Age of Construction: Built in 1973, the property is over 50 years old, which, despite upgrades, may present concerns for some buyers regarding long-term maintenance or preference for newer construction.

Compared to the nearby listings

Price:$1.00M vs avg $825.0K (+$175,000)67%
Size:3,046 sqft vs avg 2,165.5 sqft77%
Price/sqft:$328 vs avg $37129%

More Insights

Built in 1973 (52 years old).
Condition: Built in 1973, this property has undergone significant updates and meticulous maintenance over the years, including upgraded plumbing and electrical systems, and new pool equipment. The primary bathroom is extensively updated with modern fixtures and tiling, appearing very recent. The kitchen features stainless steel appliances, modern pendant lighting, and well-maintained cabinetry, suggesting a renovation within the last 10-15 years. While one secondary bathroom shows older elements like the vanity and light fixture, the overall condition is move-in ready with no immediate major renovations required. This aligns with the 'Good' criteria of being extensively renovated within 5 to 15 years and having well-maintained, functional major systems.
Year Built
1973
Close
-
List price
$1M
Original List price
$1.15M
Price/Sqft
$328
HOA
-
Days on market
-
Sold On
-
MLS number
219134850DA
Home ConditionGood
Features
Excellent View: City Lights, Hills, Mountain(s), Panoramic, Pool
Pool
Spa
Patio
ViewCity Lights,Hills,Mountain(s),Panoramic,Pool

About this home

South Palm Desert with unparalleled WRAPAROUND, ELEVATED VIEWS of the mountains and city below. Patio spaces surround the home and face all directions with stunning scenery. The primary suite and first large family room are located on the North side of the home while the other 2 bedrooms, and EXTRA FAMILY ROOM are on the other side, separated by the open kitchen, dining area and contemporary 2-sided fireplace. Everyone has plenty of their own space in the home and every room has direct access to the pool and spa. The primary bathroom has been extensively updated and the entire property has been meticulously maintained and upgraded over the years. The pool/spa have NEW EQUIPMENT, and the plumbing and electrical have been upgraded within the home. The spacious property boasts views, privacy, NO HOA dues, multiple HVAC zones, and a private pool and spa featured in the center of the home. Don't miss this jewel that's been rumored to be a vacation retreat to stars and dignitaries that also happens to be right up the road from the world famous El Paseo, call today!

Condition Rating
Good
Built in 1973, this property has undergone significant updates and meticulous maintenance over the years, including upgraded plumbing and electrical systems, and new pool equipment. The primary bathroom is extensively updated with modern fixtures and tiling, appearing very recent. The kitchen features stainless steel appliances, modern pendant lighting, and well-maintained cabinetry, suggesting a renovation within the last 10-15 years. While one secondary bathroom shows older elements like the vanity and light fixture, the overall condition is move-in ready with no immediate major renovations required. This aligns with the 'Good' criteria of being extensively renovated within 5 to 15 years and having well-maintained, functional major systems.
Pros & Cons

Pros

Panoramic & Elevated Views: The property offers unparalleled wraparound, elevated views of the mountains, city lights, and hills, with patio spaces surrounding the home to maximize the stunning scenery.
Extensive Upgrades & Meticulous Maintenance: The entire property has been meticulously maintained and upgraded over the years, including new pool/spa equipment and updated plumbing and electrical systems.
No HOA Dues & Enhanced Privacy: The spacious property boasts privacy and the significant financial benefit of no HOA dues, offering greater freedom and lower recurring costs.
Flexible & Spacious Layout with Amenities: Featuring multiple family rooms, a separated primary suite, multiple HVAC zones, and direct pool/spa access from every room, the home provides ample space and comfort for residents.
Prime South Palm Desert Location: Situated in a highly desirable South Palm Desert area, the property is conveniently located right up the road from the world-famous El Paseo, offering access to upscale amenities.

Cons

Age of Construction: Built in 1973, the property is over 50 years old, which, despite upgrades, may present concerns for some buyers regarding long-term maintenance or preference for newer construction.
Significant Price Adjustment: The property has undergone a notable price reduction from its original list price of $1.15M to $1M, which could indicate initial overvaluation or a longer market time.
No Defined Community/Subdivision: The 'Not Applicable-1' subdivision name suggests the property is not part of a planned community, which some buyers might prefer for shared amenities or a more uniform neighborhood aesthetic.

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