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505 E Molino Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

505 E Molino Road, Palm Springs, California 92262 home-pic-0
ACTIVE$934,900
505 E Molino Road, Palm Springs, California 92262
3Beds
2Baths
2,256Sqft
10,890Lot

Price Vs. Estimate

The estimated value ($934,900) is $0 (0%) lower than the list price ($934,900). This property may be overpriced.

Key pros and cons

Top Pros:
Mid-Century Modern Architecture: Classic Alexander home, a highly desirable architectural style in Palm Springs.
Top Cons:
Price Reduction: The property has undergone a price reduction, which may indicate challenges in the market or perceived value.

Compared to the nearby listings

Price:$934.9K vs avg $925.0K (+$9,900)51%
Size:2,256 sqft vs avg 2,100 sqft56%
Price/sqft:$414 vs avg $49034%

More Insights

Built in 1963 (62 years old).
Condition: The property was built in 1963 but has been remodeled. The kitchen features Samsung Bespoke appliances, and the bathrooms appear updated. The overall condition seems well-maintained, suggesting a 'good' rating. While not brand new, the renovations bring it up to a move-in ready state.
Year Built
1963
Close
-
List price
$935K
Original List price
$1.02M
Price/Sqft
$414
HOA
-
Days on market
-
Sold On
-
MLS number
25526962PS
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

(((Reduced))) Remodeled Mid-Century Alexander home located in the Racquet Club East area of Palm Springs. This beautifully remodeled home has an incredible floor plan which boasts over 2,000 square feet and situated on a large 0.25-acre lot. The open floor plan features 3 spacious bedrooms, 2 bathrooms as well as a study. The kitchen offers top of the line Samsung Bespoke Appliances to help you make your dream kitchen a reality, as well as a mini bar area to help you entertain your guests in your gorgeous home. The backyard features an inviting pool, covered patio, Barbecue area, outside shower, and gorgeous mountain views. The home is only minutes from downtown Palm Springs with all the great Shops, Restaurants, Maryln Monroe statue, Museum, Hiking Trails, and the famous Aerial Tramway. This iconic Alexander Ranch style home won't disappoint you and is a must see.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.2mi
4/10
Raymond Cree Middle School
Public,•6-8•1.0mi
6/10
Palm Springs High School
Public,•9-12•3.0mi
4/10
Desert Learning Academy
Public,•K-12•3.2mi
Condition Rating
Good
The property was built in 1963 but has been remodeled. The kitchen features Samsung Bespoke appliances, and the bathrooms appear updated. The overall condition seems well-maintained, suggesting a 'good' rating. While not brand new, the renovations bring it up to a move-in ready state.
Pros & Cons

Pros

Mid-Century Modern Architecture: Classic Alexander home, a highly desirable architectural style in Palm Springs.
Remodeled Interior: The home has been beautifully remodeled, offering a modern and updated living space.
Gourmet Kitchen: Features top-of-the-line Samsung Bespoke appliances and a mini bar, perfect for entertaining.
Outdoor Living Space: Inviting pool, covered patio, barbecue area, and outdoor shower create a resort-like backyard.
Prime Location: Minutes from downtown Palm Springs, offering easy access to shops, restaurants, and attractions.

Cons

Price Reduction: The property has undergone a price reduction, which may indicate challenges in the market or perceived value.
Year Built: Built in 1963, some buyers may prefer newer construction or require updates to meet modern standards.
HOA: HOA fees can add to the monthly cost of ownership.

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