504 Paragon Loop, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
504 Paragon Loop
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 504 Paragon Loop, Palm Springs, California 92262 reveals a property with a current list price of $899,000, which is 5% above the estimated $855,441 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 504 Paragon Loop Subject | $899,000* List Price | 3 | 3 | 1,738 | $492 | - |
A 781 Fountain Drive Sold | $872,000 | 3 | 4 | 1,894 | $460 | 0.9 mi |
B 743 Fountain Drive Sold | $905,000 | 3 | 4 | 1,894 | $478 | 0.9 mi |
C 505 E Molino Road Sold | $875,000 | 3 | 2 | 1,864 | $469 | 0.7 mi |
D 190 W San Marco Way Sold | $819,900 | 3 | 2 | 1,912 | $429 | 0.3 mi |
E 400 Fountain Drive Sold | $1,100,000 | 3 | 4 | 1,894 | $581 | 0.7 mi |
F 423 Fountain Drive Active | $899,000 List Price | 3 | 4 | 1,894 | $475 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2018, this property is practically new (6 years old) and features extensive designer finishes and high-end amenities throughout. The kitchen boasts modern wood-look cabinetry, white quartz countertops, and Bosch appliances, all in pristine condition. Bathrooms are 'spa-like' with contemporary vanities, fixtures, and tiling. Upgraded flooring, smart-home features (Nest, Sonos, security), an owned Tesla solar system, and EV charging pre-wire further solidify its 'excellent' rating, indicating no deferred maintenance and meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Community
Situated in ICON, an exclusive gated enclave, moments from Palm Springs' vibrant Uptown Design District, renowned restaurants, bars, galleries, and other key attractions, offering unparalleled convenience and lifestyle.
- Modern Luxury & Upgrades
Built in 2018, this residence boasts designer finishes, high-end amenities, Bosch appliances, soaring ceilings, and smart-home features including a Sonos sound system, Nest thermostat, and security system, ensuring a sophisticated living experience.
- Exceptional Outdoor Living
The private backyard retreat features custom landscaping, a Pebble Tec saltwater pool, spa, and outdoor shower, perfect for serene relaxation and elevated entertaining in the Palm Springs climate.
CONSRISKS & DEFICIENCIES
- Ongoing Association Fees
A monthly association fee of $317 adds to the recurring cost of ownership, which may be a consideration for budget-conscious buyers.
- Moderate Square Footage
At 1738 sqft, the property's size might be considered moderate for a luxury 3-bedroom, 3-bathroom home, potentially limiting appeal for buyers seeking more expansive living spaces.
- Lack of Dedicated Office/Flex Space
While a third bedroom offers flexibility, the description does not highlight a dedicated office or additional flexible living area, which is a growing demand for many buyers.
About 504 Paragon Loop
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $317.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,738 | 1,964 | 38% |
| Lot Size | - | 9,583 | 2% |
| Price | $899.0K | $899.0K | 50% |
| Price per sq ft | $517 | $478 | 59% |
| Built year | 2018 | 1989 | 82% |
| HOA | $317.0 | $0 | 81% |
| Days on market | 47 | 179 | 3% |
Pricing History
Listed for Sale
Jan 19, 2026
$899,000
Initial Listing
Sold
Dec 9, 2021
$800,000
Public Record
Sold
Dec 11, 2018
$606,500
Public Record