4945 Frey Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath

4945 Frey Way, Palm Springs, California 92262 home-pic-0
ACTIVE$925,000
4945 Frey Way, Palm Springs, California 92262
3Beds
4Baths
2,184Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($925,000) is $0 (0%) lower than the list price ($925,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: A separate 1-bedroom ensuite ADU provides significant income potential through 30+ day rentals or offers flexible living arrangements for guests or extended family.
Top Cons:
ADU Rental Restriction: The ADU's rental use is restricted to periods longer than 30 days, which may limit its income potential compared to more lucrative short-term vacation rentals popular in Palm Springs.

Compared to the nearby listings

Price:$925.0K vs avg $925.0K (+$0)50%
Size:2,184 sqft vs avg 2,100 sqft51%
Price/sqft:$424 vs avg $49035%

More Insights

Built in 2011 (14 years old).
Condition: Built in 2011, this property is 13 years old, placing it firmly within the 'Good' category based on age. The description highlights a 'modern kitchen' with high-end appliances (infrared microwave, self-cleaning oven, gas cooktop, 4-door refrigerator), and the images confirm clean, contemporary bathrooms featuring walk-in showers and modern vanities. The overall condition appears well-maintained with tile flooring throughout main areas, and the presence of solar panels adds to its modern appeal and efficiency. While not newly built or extensively renovated within the last 5 years, it is move-in ready with no immediate renovations required, and all major systems appear functional and well within their expected lifespan, aligning perfectly with a 'Good' rating.
Year Built
2011
Close
-
List price
$925K
Original List price
$965K
Price/Sqft
$424
HOA
$240
Days on market
-
Sold On
-
MLS number
25573837PS
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

*New Price A Great Value* Welcome to this private gated compound in highly desirable Escena in Palm Springs. The single-story light-filled main house features an ensuite primary bedroom with a large walk-in shower and separate soaking tub. A second ensuite bedroom with a walk-in shower has direct access to the pool and spa. Additionally, there is a guest bath in the primary living area. The separate ADU is an ensuite 1 bedroom with a large closet, walk-in shower, and access to a patio. For those who like to cook, the modern kitchen has a large pantry, microwave with infrared cooking, separate self-cleaning oven, gas cooktop, and a 4 door refrigerator. The large open living area features a large dining area, fireplace, and separate area for additional living or dining. The separate laundry room has a large sink and abundant cabinets. There are 2 patios, one with a fire pit. From the swimming pool and large spa, you can watch the tram on Mount San Jacinto. There is a 2 car attached garage with storage shelving. The house has solar panels which significantly cuts down on electric bills, and in some years a refund has been received. Outside, desert landscaping cuts down on water use, while the sides and back have large Calliandra hedges for increased privacy. The ADU can be used to generate income as a rental unit (must be more than 30 days). Some furnishings are available for purchase after close of escrow. Seller is a licensed California realtor.

Nearby schools

4/10
Agua Caliente Elementary School
Public,K-50.8mi
6/10
Rio Vista Elementary School
Public,K-51.4mi
6/10
Vista Del Monte Elementary School
Public,K-53.1mi
4/10
Raymond Cree Middle School
Public,6-82.6mi
5/10
James Workman Middle School
Public,6-83.0mi
6/10
Palm Springs High School
Public,9-121.7mi
4/10
Desert Learning Academy
Public,K-122.0mi
6/10
Cathedral City High School
Public,9-123.2mi
Condition Rating
Good

Built in 2011, this property is 13 years old, placing it firmly within the 'Good' category based on age. The description highlights a 'modern kitchen' with high-end appliances (infrared microwave, self-cleaning oven, gas cooktop, 4-door refrigerator), and the images confirm clean, contemporary bathrooms featuring walk-in showers and modern vanities. The overall condition appears well-maintained with tile flooring throughout main areas, and the presence of solar panels adds to its modern appeal and efficiency. While not newly built or extensively renovated within the last 5 years, it is move-in ready with no immediate renovations required, and all major systems appear functional and well within their expected lifespan, aligning perfectly with a 'Good' rating.
Pros & Cons

Pros

Income-Generating ADU: A separate 1-bedroom ensuite ADU provides significant income potential through 30+ day rentals or offers flexible living arrangements for guests or extended family.
Energy Efficiency: Equipped with solar panels, the property boasts significantly reduced electric bills and has even generated refunds in some years, offering substantial cost savings.
Premium Outdoor Living: Features a private swimming pool, large spa, two patios (one with a fire pit), and mountain views of Mount San Jacinto, ideal for relaxation and entertaining in the Palm Springs climate.
Modern & Well-Equipped Kitchen: The modern kitchen includes a large pantry, microwave with infrared cooking, separate self-cleaning oven, gas cooktop, and a 4-door refrigerator, catering to culinary enthusiasts.
Gated Community & Privacy: Located within a private gated compound in the desirable Escena subdivision, offering enhanced security and privacy, further augmented by mature Calliandra hedges.

Cons

ADU Rental Restriction: The ADU's rental use is restricted to periods longer than 30 days, which may limit its income potential compared to more lucrative short-term vacation rentals popular in Palm Springs.
No Explicit Cooling System Details: While a 2011 build likely has AC, the description does not specify the type, efficiency, or condition of the cooling system, which is a critical consideration in Palm Springs' hot climate.
Furnishings Not Included: Furnishings are available for purchase separately after escrow, meaning the property is not offered as a fully furnished, turnkey solution upon sale.

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