485 485 W Tramview, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath
ACTIVE$449,900
485 485 W Tramview, Palm Springs, California 92262
4Beds
2Baths
1,318Sqft
7,405.2Lot
Price Vs. Estimate
The estimated value ($449,900) is $0 (0%) lower than the list price ($449,900). 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 = 7405, living area = 1318.
Top Cons:
Missing Pool Equipment: The pool equipment has been removed, requiring the buyer to replace it after closing, which represents a significant and immediate additional cost.
Compared to the nearby listings
Price:$449.9K vs avg $925.0K ($-475,100)5%
Size:1,318 sqft vs avg 2,096 sqft11%
Price/sqft:$341 vs avg $49022%
More Insights
Built in 1991 (34 years old).
Condition: Despite being built in 1991, the property has been 'recently remodeled from top to bottom' with 'designer finishes throughout,' as stated in the description. The images confirm this, showcasing a fully updated, modern kitchen with new flat-panel cabinets, quartz countertops, and a trendy geometric accent wall. The entire interior features new large-format tile flooring, fresh paint, and recessed lighting, indicating all components are new or virtually new. While the pool equipment is missing, this is a separate cost for the buyer and does not detract from the excellent, move-in ready condition of the house itself.
Year Built
1991
Close
-
List price
$450K
Original List price
$550K
Price/Sqft
$341
HOA
-
Days on market
-
Sold On
-
MLS number
TR25230512
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)
About this home
Located directly across from a newly renovated grassy park in the desirable Desert Highland neighborhood, 485 Tramview is a true standout for any investor or first time Buyer. Step through the manicured desertscape into a bright, open-concept floor plan with designer finishes throughout. This 4-bedroom, 2-bath pool home is flooded with natural light and offers a true plug-and-play opportunity for investors or permanent residents alike. Recently remodeled from top to bottom, it sits on an oversized 7,400 sq. ft. lot with stunning mountain and windmill views. Pool Equipment has been removed, buyer will need to replace after closing.
Condition Rating
Excellent
Despite being built in 1991, the property has been 'recently remodeled from top to bottom' with 'designer finishes throughout,' as stated in the description. The images confirm this, showcasing a fully updated, modern kitchen with new flat-panel cabinets, quartz countertops, and a trendy geometric accent wall. The entire interior features new large-format tile flooring, fresh paint, and recessed lighting, indicating all components are new or virtually new. While the pool equipment is missing, this is a separate cost for the buyer and does not detract from the excellent, move-in ready condition of the house itself.
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 = 7405, living area = 1318.
Recent Remodel: The property has been recently remodeled from top to bottom with designer finishes throughout, offering a modern and move-in ready living space.
Prime Location: Situated directly across from a newly renovated grassy park in the desirable Desert Highland neighborhood, enhancing lifestyle and potential value.
Stunning Views: Offers stunning mountain and windmill views, a highly sought-after amenity in the Palm Springs area.
Oversized Lot: Sits on an oversized 7,400 sq. ft. lot, providing ample outdoor space for various activities or potential expansion.
Open Concept & Natural Light: Features a bright, open-concept floor plan that is flooded with natural light, creating an inviting and spacious atmosphere.
Cons
Missing Pool Equipment: The pool equipment has been removed, requiring the buyer to replace it after closing, which represents a significant and immediate additional cost.
Multiple Price Reductions: The property has undergone three price reductions from its original list price of $549,900 to $449,900, potentially indicating initial overpricing or market resistance.
Compact Room Sizes: With 4 bedrooms in 1318 sq. ft., individual room sizes may be smaller than expected for some buyers, potentially impacting comfort or functionality.