RealKey
‪(213) 433-7766‬

61612 Sagebrush Road, North Palm Springs, California 92258, North Palm Springs, 92258 - 4 bed, 2 bath

61612 Sagebrush Road, North Palm Springs, California 92258 home-pic-0
ACTIVE$630,000
61612 Sagebrush Road, North Palm Springs, California 92258
4Beds
2Baths
1,985Sqft
217,800Lot

Price Vs. Estimate

The estimated value ($614,000) is $16,000 (2%) lower than the list price ($630,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 1985.
Top Cons:
Age of Property: Built in 1958, the home is older and may require updates to systems, infrastructure, or aesthetics to meet modern standards and preferences.

Compared to the nearby listings

Price:$630.0K vs avg $481.2K (+$148,750)50%
Size:1,985 sqft vs avg 1,554 sqft50%
Price/sqft:$317 vs avg $30750%

More Insights

Built in 1958 (67 years old).
Condition: Built in 1958, this property shows signs of regular upkeep and some updates, but the core components, particularly in the kitchen and bathrooms, appear to have been renovated 15-30 years ago. The kitchen features dark cabinets and a mix of appliances, including an older double wall oven, while the bathroom has a painted vanity and standard, somewhat dated fixtures. The flooring and general aesthetic are functional but not modern, indicating a need for minor updates to meet contemporary standards.
Year Built
1958
Close
-
List price
$630K
Original List price
$700K
Price/Sqft
$317
HOA
-
Days on market
-
Sold On
-
MLS number
DW25048364
Home ConditionFair
Features
Excellent View: Desert, Mountain(s)
Deck
Patio
ViewDesert, Mountain(s)

About this home

HUGE PRICE REDUCTION!! Looking for your private, secluded gateway? Enjoy the desert tranquility, from your own hidden paradise! This unique 3 bed, 2 bath home on 5 acres, offers the perfect blend of comfort and convenience. Thoughtfully designed for the perfect escape from the city, this home offers stunning views, easy access to outdoor adventure, and a sleek, low-maintenance lifestyle. Whether you're looking for a weekend retreat or a smart investment, this home delivers style, comfort, and convenience - just minutes away from shoppings, restaurants and Downtown Palm Springs. For the savvy investor, the Airbnb permits are still available in this neighborhood. Interested in an assumable loan in this high interest rates environment? Seller has an FHA assumable loan at an incredible low rate (subject to seller's current lender approval).

Condition Rating
Fair
Built in 1958, this property shows signs of regular upkeep and some updates, but the core components, particularly in the kitchen and bathrooms, appear to have been renovated 15-30 years ago. The kitchen features dark cabinets and a mix of appliances, including an older double wall oven, while the bathroom has a painted vanity and standard, somewhat dated fixtures. The flooring and general aesthetic are functional but not modern, indicating a need for minor updates to meet contemporary standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 1985.
Assumable FHA Loan: The availability of an assumable FHA loan at a low interest rate presents a significant financial advantage for potential buyers in the current high-interest rate environment.
Expansive Lot Size: The property sits on a generous 5-acre lot, offering exceptional privacy, seclusion, and ample space for outdoor activities or potential future development.
Investment Potential (Airbnb): The neighborhood allows Airbnb permits, providing a strong opportunity for investors to generate significant rental income.
Stunning Views: The home boasts stunning desert and mountain views, enhancing its aesthetic appeal and providing a tranquil living environment.
Significant Price Reduction: A 'HUGE PRICE REDUCTION' from the original list price indicates seller motivation and offers a more attractive entry point for buyers.

Cons

Age of Property: Built in 1958, the home is older and may require updates to systems, infrastructure, or aesthetics to meet modern standards and preferences.
Valuation Discrepancy: Despite a price reduction, the current list price of $630,000 is still slightly above the estimated property value of $614,000, suggesting it may be at the higher end of its market value.
Undefined MLS Area: The MLS area is listed as '699 - Not Defined,' which could indicate a less established or recognized micro-market, potentially impacting future resale or specific neighborhood amenities.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state