584 Fountain Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath

584 Fountain Drive, Palm Springs, California 92262 home-pic-0
ACTIVE$950,000
584 Fountain Drive, Palm Springs, California 92262
3Beds
4Baths
2,084Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($947,547.75) is $2,452.25 (0%) lower than the list price ($950,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2021, the property boasts a grand open-plan living space with soaring ceilings, extensive glass, and pocket sliders, seamlessly blending indoor and outdoor living.
Top Cons:
High Association Fees: The monthly association fee of $530 is substantial and adds a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$950.0K vs avg $925.0K (+$25,000)52%
Size:2,084 sqft vs avg 2,096 sqft49%
Price/sqft:$456 vs avg $49040%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021, making it virtually new. The kitchen features upscale Bertazzoni appliances, modern white cabinetry, sleek countertops, and a contemporary subway tile backsplash. Bathrooms are equally modern with clean lines, glass-enclosed showers, and updated fixtures. The overall design, flooring, and systems are all current and in pristine condition, reflecting a high-quality, recently constructed home with no deferred maintenance.
Year Built
2021
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$456
HOA
$530
Days on market
-
Sold On
-
MLS number
219132599PS
Home ConditionExcellent
Features
Good View: Orchard, Pool
Pool
Patio
ViewOrchard, Pool

About this home

Welcome to 584 Fountain Drive. Situated directly on the olive orchard, this property features unobstructed views as far as the eye can see. Grand open plan living space with soring ceilings surrounded in glass including sliders that fully pocket, erasing the boundary between pool and the interior. Every bedroom is en suite. The primary opens directly to the pool and is well separated from the guest bedrooms. The appliances are upscale and include Bertazzoni refrigerator, microwave, range and wine fridge as well as a walk in pantry off of the kitchen. Guard-gated Miralon is one of the newest communities in Palm Springs, and features miles of walking trails through olive orchards, a fully outfitted clubhouse with fitness center, bar, outdoor kitchens, herb gardens, doggie park and yoga studio. Short-term rentals allowed with 7 day minimum. Call today for your private showing.

Condition Rating
Excellent

This property was built in 2021, making it virtually new. The kitchen features upscale Bertazzoni appliances, modern white cabinetry, sleek countertops, and a contemporary subway tile backsplash. Bathrooms are equally modern with clean lines, glass-enclosed showers, and updated fixtures. The overall design, flooring, and systems are all current and in pristine condition, reflecting a high-quality, recently constructed home with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2021, the property boasts a grand open-plan living space with soaring ceilings, extensive glass, and pocket sliders, seamlessly blending indoor and outdoor living.
Luxury Community Amenities: Located within the guard-gated Miralon community, residents have access to a fully outfitted clubhouse, fitness center, bar, outdoor kitchens, walking trails, herb gardens, dog park, and yoga studio.
Income Potential: The community allows short-term rentals with a 7-day minimum, offering flexibility for investment or supplemental income.
High-End Interior Features: All bedrooms are en suite, and the kitchen is equipped with upscale Bertazzoni appliances, a wine fridge, and a walk-in pantry, reflecting a premium finish.
Unobstructed Views & Setting: Situated directly on an olive orchard, the property offers unobstructed views, enhancing privacy and providing a unique, tranquil backdrop.

Cons

High Association Fees: The monthly association fee of $530 is substantial and adds a significant recurring cost to homeownership.
Modest Lot Size: With a lot size of 5663 sqft, the outdoor space is relatively modest, which may limit extensive landscaping or additional outdoor living expansion for some buyers.
Limited Bedroom Count for Price Point: While luxurious, the property offers 3 bedrooms. For a home approaching $1 million, some buyers may expect a higher bedroom count, potentially narrowing the target market.

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