588 E San Lorenzo Road 104, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

588 E San Lorenzo Road 104, Palm Springs, California 92264 home-pic-0
ACTIVE$599,000
588 E San Lorenzo Road 104, Palm Springs, California 92264
2Beds
2Baths
1,059Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Fee Simple Ownership: The property offers coveted Fee Simple ownership, a significant advantage in Palm Springs where leased land is common, providing greater long-term value and fewer ownership complexities.
Top Cons:
High Monthly Association Fee: The association fee of $598.0 per month is relatively high, which adds a significant recurring cost to ownership and may impact affordability for some buyers.

Compared to the nearby listings

Price:$599.0K vs avg $442.4K (+$156,550)73%
Size:1,059 sqft vs avg 1,307 sqft19%
Price/sqft:$566 vs avg $34094%

More Insights

Built in 1966 (59 years old).
Condition: Despite being built in 1966, this condo has undergone a full and recent renovation, as described and evidenced by the images. The kitchen features new stainless steel appliances, sleek dark cabinetry, white solid-surface countertops, and modern pendant lighting. Both bathrooms are completely updated with contemporary fixtures, stylish tiling, and walk-in showers (one with a tub). New terrazzo-inspired tile and carpet are seen throughout, along with modern light fixtures and a smart lock entry. The property presents as virtually new with high-quality finishes and no deferred maintenance.
Year Built
1966
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$566
HOA
$598
Days on market
-
Sold On
-
MLS number
25613321PS
Home ConditionExcellent
Features
Good View: Courtyard, Mountain(s), Pond
Patio
ViewCourtyard, Mountain(s), Pond

About this home

Welcome to Querencia Palms - where home is more than a place, it's a feeling. This fully renovated 2-bedroom, 2-bath condo is part of a newly released conversion, now available for the first time! Offering coveted Fee Simple ownership (not leased land), the home features terrazzo-inspired tile, sleek new carpet, and vibrant mid-century modern finishes with the buyer's choice of custom wallpaper accents in the living room. The chef's kitchen comes equipped with stainless steel appliances, while modern conveniences include keyless smart lock entry with fingerprint access and in-unit laundry. Enjoy two private patios - one overlooking the courtyard, the other opening onto your own section of the tranquil koi pond with flowing water features. One of only two homes of its kind, this unit provides direct backyard access from every room, plus your own private waterfall, filling the air with the serene sound of running water. Community amenities include a beach-entry pool and spa, outdoor BBQ and event space, three fire pits, a dog wash station and pet area, and gated access with covered parking. Perfectly located in South Palm Springs - just steps from downtown, the CV Link, hiking trails, and dining. Querencia Palms offers a rare blend of style, comfort, and convenience, wrapped in a true sense of community. A desert retreat designed for personality, charm, and well-being.

Condition Rating
Excellent

Despite being built in 1966, this condo has undergone a full and recent renovation, as described and evidenced by the images. The kitchen features new stainless steel appliances, sleek dark cabinetry, white solid-surface countertops, and modern pendant lighting. Both bathrooms are completely updated with contemporary fixtures, stylish tiling, and walk-in showers (one with a tub). New terrazzo-inspired tile and carpet are seen throughout, along with modern light fixtures and a smart lock entry. The property presents as virtually new with high-quality finishes and no deferred maintenance.
Pros & Cons

Pros

Fee Simple Ownership: The property offers coveted Fee Simple ownership, a significant advantage in Palm Springs where leased land is common, providing greater long-term value and fewer ownership complexities.
Comprehensive Renovation & Modern Amenities: This condo is fully renovated with high-end finishes including terrazzo-inspired tile, new carpet, mid-century modern accents, a chef's kitchen with stainless steel appliances, keyless smart lock entry, and in-unit laundry, offering a move-in ready modern living experience.
Prime Location & Resort-Style Community Amenities: Perfectly located in South Palm Springs, steps from downtown, CV Link, hiking, and dining. The community boasts extensive amenities including a beach-entry pool/spa, BBQ/event space, fire pits, dog wash station, pet area, gated access, and covered parking.
Unique Private Outdoor Spaces with Water Features: The unit features two private patios, direct backyard access from every room, a section of a tranquil koi pond, and a private waterfall, creating a serene and distinctive outdoor living environment.
Desirable Views: The property offers pleasant views of the courtyard, mountains, and a pond, enhancing its aesthetic appeal and living experience.

Cons

High Monthly Association Fee: The association fee of $598.0 per month is relatively high, which adds a significant recurring cost to ownership and may impact affordability for some buyers.
Older Building Age: Despite being fully renovated internally, the building was constructed in 1966, which could imply potential for aging common area infrastructure or higher long-term maintenance costs for the HOA.
Compact Interior Square Footage: With 1059 square feet for a 2-bedroom, 2-bath unit, the interior living space may be considered compact by some buyers, potentially limiting its appeal to those desiring more expansive rooms.

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