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504 Paragon Loop, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath

504 Paragon Loop, Palm Springs, California 92262 home-pic-0
ACTIVE$899,000$1,738/sqft
Est. Value: $887,273
-1%
FairlyEstimate
504 Paragon Loop, Palm Springs, California 92262
3Beds
3Baths
1,738Sqft
Lot

Price Vs. Estimate

The estimated value ($887,272.565) is $11,727.435 (1%) lower than the list price ($899,000). This property may be overpriced.

Key pros and cons

Top Pros:
Newer Construction & Modern Design: Built in 2018, this residence offers contemporary mid-century inspired architecture with thoughtful upgrades, designer finishes, and high-end amenities, providing a move-in ready luxury experience.
Top Cons:
Ongoing Association Fees: The property is subject to a monthly association fee of $317, which adds to the recurring cost of homeownership.

Compared to the nearby listings

Price:$899.0K vs avg $900.0K ($-1,000)50%
Size:1,738 sqft vs avg 2,014 sqft39%
Price/sqft:$517 vs avg $48058%

More Insights

Built in 2018 (8 years old).
Condition: Built in 2018, this property is practically new and features high-end designer finishes throughout. The kitchen boasts modern Bosch appliances, custom cabinetry, and quartz countertops. Bathrooms are spa-like with contemporary vanities and fixtures. Flooring consists of polished concrete and dark wood-look surfaces, all in pristine condition. Smart home features, a Tesla solar system, and a private pool/spa further enhance its excellent quality, showing no signs of deferred maintenance or depreciation.
Year Built
2018
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$517
HOA
$317
Days on market
-
Sold On
-
MLS number
26640235
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
Pool
Spa
Patio
ViewMountain(s)

About this home

Experience the epitome of Palm Springs living at ICON, an exclusive gated enclave of newer construction, striking mid-century inspired homes just moments from the vibrant Uptown Design District. This sophisticated two-level residence has been thoughtfully upgraded with designer finishes and high-end amenities, offering a seamless blend of style, comfort, and convenience. The open-concept great room showcases soaring ceilings, flowing effortlessly to a private backyard retreat with custom landscaping, Pebble Tec saltwater pool, spa, and outdoor shower ideal for both serene relaxation and elevated entertaining. Inside, two upstairs bedroom suites each enjoy spa-like bathrooms, generous walk-in closets, and private balconies, while a third bedroom and full bath on the main level provide flexible living options. The chef's kitchen boasts Bosch appliances, counter seating, and custom finishes, perfectly integrated into the dining and living spaces. Luxury continues throughout with an LG washer/dryer, Sonos sound system, smart-home features including Nest thermostat, security system with door cam, custom window coverings, and upgraded flooring. An owned Tesla solar system and two-car garage prewired for EV charging further enhance the home's efficiency and convenience. Perfectly situated, ICON is within a short distance of Palm Canyon's renowned restaurants, bars, and galleries, with downtown Palm Springs, the Aerial Tramway, hiking trails, and Agua Caliente Casino just minutes away. With fee-simple ownership (you own the land) and 30-day minimum rental flexibility, this residence represents a rare opportunity to own a modern sanctuary in one of Palm Springs' most coveted communities.

S
Shane Howland
Listing Agent

Price History

Date
Event
Price
12/09/21
Sold
$800,000
12/11/18
Sold
$606,500
Condition Rating
Excellent
Built in 2018, this property is practically new and features high-end designer finishes throughout. The kitchen boasts modern Bosch appliances, custom cabinetry, and quartz countertops. Bathrooms are spa-like with contemporary vanities and fixtures. Flooring consists of polished concrete and dark wood-look surfaces, all in pristine condition. Smart home features, a Tesla solar system, and a private pool/spa further enhance its excellent quality, showing no signs of deferred maintenance or depreciation.
Pros & Cons

Pros

Newer Construction & Modern Design: Built in 2018, this residence offers contemporary mid-century inspired architecture with thoughtful upgrades, designer finishes, and high-end amenities, providing a move-in ready luxury experience.
Luxury Outdoor Living: The private backyard retreat features custom landscaping, a Pebble Tec saltwater pool, spa, and outdoor shower, creating an ideal setting for relaxation and elevated entertaining.
Prime Location & Gated Community: Situated within ICON, an exclusive gated enclave, the property is moments from the vibrant Uptown Design District, Palm Canyon's attractions, and minutes from downtown Palm Springs.
Smart Home & Energy Efficiency: Equipped with smart-home features including a Sonos sound system, Nest thermostat, security system, custom window coverings, an owned Tesla solar system, and EV charging pre-wire in the garage.
Investment Potential & Ownership: Benefits from fee-simple ownership (you own the land) and offers 30-day minimum rental flexibility, making it an attractive option for investors or those seeking a part-time residence with income potential.

Cons

Ongoing Association Fees: The property is subject to a monthly association fee of $317, which adds to the recurring cost of homeownership.
Compact Lot Size: While featuring a private pool and spa, the property's lot size is likely compact, which may not appeal to buyers desiring extensive outdoor space or a large yard.
Higher Price Per Square Foot: At 1738 sqft for $899,000, the property commands a relatively high price per square foot, which might be a consideration for buyers prioritizing larger living areas for their budget.
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