5365 E Cherry Hills Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath
ACTIVE$1,495,000
5365 E Cherry Hills Drive, Palm Springs, California 92264
3Beds
3Baths
2,651Sqft
10,454Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $1,495,000.
Key pros and cons
Top Pros:
Panoramic Views & Prime Location: The property boasts stunning panoramic mountain and golf course views from multiple vantage points, situated in a desirable South Palm Springs location close to shopping, dining, and entertainment.
Top Cons:
Property Age (1981): Despite numerous updates, the original construction year of 1981 suggests that some underlying infrastructure or systems may be older, potentially leading to unforeseen maintenance or future upgrade requirements.
Compared to the nearby listings
Price:$1.50M vs avg $1.28M (+$213,000)61%
Size:2,651 sqft vs avg 2,178 sqft69%
Price/sqft:$564 vs avg $59145%
More Insights
Built in 1981 (44 years old).
Condition: This property, built in 1981, has undergone significant updates that elevate its condition beyond 'Fair'. The listing explicitly states 'newly remodeled bath with soaking tub and large shower' and a 'guest suite + newly remodeled bath,' indicating recent, high-quality renovations in these key areas, as evidenced by the modern powder room shown in the images. The kitchen, while featuring a somewhat dated aesthetic with white cabinets and speckled brown countertops, is equipped with high-end appliances (Sub Zero fridge/freezer, Bosch oven and dishwasher), suggesting good functionality and investment. Furthermore, the property boasts modern systems such as multi-zone A/C, a leased solar system, and a Halo water filtration system, all contributing to a move-in ready status. The tile flooring throughout and plantation shutters are well-maintained. While not a full, top-to-bottom renovation within the last 5 years, the extensive updates to bathrooms and major systems, combined with the high-end kitchen appliances, align well with the 'Good' criteria of being move-in ready with no immediate renovation required and systems being well-maintained and functional.
Year Built
1981
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$564
HOA
-
Days on market
-
Sold On
-
MLS number
25606565PS
Home ConditionGood
Features
Excellent View: Golf Course, Mountain(s), Panoramic
Pool
Spa
Patio
ViewGolf Course,Mountain(s),Panoramic
About this home
South Palm Springs oasis with panoramic mountain and golf course views, on Fee Land (NO LEASE) at the Tahquitz Creek Golf neighborhood. This 3 bedroom 3 bath entertainers home on, offer privacy and space, 2652 square feet of living space with Pool/Spa, outdoor kitchen & shower, retractable power awning, multi zone a/c, leased solar system, fruit orchard Halo water filtration and conditioning system, and more. Inside the open living and dining area with views of the pool, golf course and mountains, fireplace, formal dining area, sunken bar with wine fridge, cooks kitchen with: Sub Zero fridge/ freezer, Bosch oven and dishwasher, microwave, breakfast room with views of the pool, golf course and mountains. main bedroom with fireplace, cedar walk-in closet, direct access to pool/spa and newly remodeled bath with soaking tub and large shower, guest suite + newly remodeled bath, 3rd bedroom/office or den + powder room. Plantation shutters and tile flooring throughout. Circular driveway, 2 car garage w/storage cabinets & epoxy floor. Desert landscape. You OWN the land. Golf course is city owned. No Golf/HOA fees. Located Near The Parker, shopping, Casino, Cafes.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•2.9mi
4/10
Raymond Cree Middle School
Public,•6-8•4.2mi
6/10
Palm Springs High School
Public,•9-12•2.2mi
4/10
Desert Learning Academy
Public,•K-12•2.2mi
Condition Rating
Good
This property, built in 1981, has undergone significant updates that elevate its condition beyond 'Fair'. The listing explicitly states 'newly remodeled bath with soaking tub and large shower' and a 'guest suite + newly remodeled bath,' indicating recent, high-quality renovations in these key areas, as evidenced by the modern powder room shown in the images. The kitchen, while featuring a somewhat dated aesthetic with white cabinets and speckled brown countertops, is equipped with high-end appliances (Sub Zero fridge/freezer, Bosch oven and dishwasher), suggesting good functionality and investment. Furthermore, the property boasts modern systems such as multi-zone A/C, a leased solar system, and a Halo water filtration system, all contributing to a move-in ready status. The tile flooring throughout and plantation shutters are well-maintained. While not a full, top-to-bottom renovation within the last 5 years, the extensive updates to bathrooms and major systems, combined with the high-end kitchen appliances, align well with the 'Good' criteria of being move-in ready with no immediate renovation required and systems being well-maintained and functional.
Pros & Cons
Pros
Panoramic Views & Prime Location: The property boasts stunning panoramic mountain and golf course views from multiple vantage points, situated in a desirable South Palm Springs location close to shopping, dining, and entertainment.
Fee Land Ownership & No HOA Fees: This home is on Fee Land, meaning the buyer owns the land outright (not lease land), and benefits from no HOA or golf fees, significantly reducing recurring costs and enhancing long-term value.
Extensive Outdoor Entertainment Oasis: Designed for entertaining, the outdoor space features a private pool/spa, an outdoor kitchen & shower, and a retractable power awning, creating a luxurious and private resort-like experience.
Modern Comfort & Energy Efficiency: Equipped with multi-zone air conditioning and a leased solar system, the home offers enhanced comfort and potentially lower energy bills, a significant advantage in the Palm Springs climate.
Luxurious & Updated Interior Features: The interior showcases a high-end chef's kitchen with Sub Zero and Bosch appliances, newly remodeled bathrooms (including a master suite with soaking tub), open living spaces, and quality finishes like plantation shutters and tile flooring throughout.
Cons
Property Age (1981): Despite numerous updates, the original construction year of 1981 suggests that some underlying infrastructure or systems may be older, potentially leading to unforeseen maintenance or future upgrade requirements.
Leased Solar System: The solar system is leased, meaning the new owner will inherit a monthly payment and contract terms, which can be less appealing than an owned system and may complicate financing or resale for some buyers.
Unspecified Age of Major Systems: While multi-zone A/C is mentioned, the specific age and condition of critical systems such as the HVAC units (beyond being multi-zone) and the roof are not detailed, potentially indicating future capital expenditures for a buyer.