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64550 Brae Burn Avenue, Palm Springs, California 92240, Palm Springs, 92240 - 3 bed, 2 bath

64550 Brae Burn Avenue, Palm Springs, California 92240 home-pic-0
ACTIVE$385,000$1,805/sqft
Est. Value: $399,300
3%
BelowEstimate
64550 Brae Burn Avenue, Palm Springs, California 92240
3Beds
2Baths
1,805Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($399,300) is $14,300 (3%) higher than the list price ($385,000). This property may be underpriced.

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 = 7405, living area = 1805.
Top Cons:
Substantial Monthly HOA Fees: The monthly HOA fee of $465 is a considerable ongoing expense that prospective buyers must factor into their budget.

Compared to the nearby listings

Price:$385.0K vs avg $405.0K ($-20,000)38%
Size:1,805 sqft vs avg 1,643 sqft63%
Price/sqft:$213 vs avg $25019%

More Insights

Built in 1988 (38 years old).
Condition: The property, built in 1988, is functionally in good condition due to extensive recent system upgrades. These include new HVAC (2022), tankless water heater (2020), septic system (2025), roof repair (2025), exterior paint (2025), new dishwasher and cooktop (2024), new toilets and faucets (2025), and new LED lighting (2020). The private pool and spa were built in 2006 and appear well-maintained. While the kitchen features dated tile countertops and dark wood cabinets, and the bathrooms have older vanity styles and tile, these are cosmetic and do not impact the property's immediate move-in readiness or functionality. The major systems are well within their expected lifespan, aligning with the 'Good' criteria for a property with updated components but not a full aesthetic renovation.
Year Built
1988
Close
-
List price
$385K
Original List price
$399K
Price/Sqft
$213
HOA
$465
Days on market
-
Sold On
-
MLS number
219140411PS
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Nestled in the beautiful community of Mission Lakes Country Club, One of the few homes with its own pool/spa in a large and private backyard. 3 bedroom (plus bonus room), 2 bath, 2 car attached garage and beautiful livingroom fireplace for those chilly days and nights.Upgrades include: In 2025 - exterior paint, replaced septic and leech field, new decomposed granite in front yard, new toilets, new faucets and roof repaired. 2024 - new dishwasher and cooktop. 2023 - new swamp cooler. 2022 - new HVAC. 2020 - new tankless water heater and all new LED lighting, Pool/spa built in 2006 and are set up for salt or chlorine. Beautiful clubhouse with bar and San Jacinto restaurant (public), The Sand Wedge cafe for lunch/snacks, large pool, spa, fitness center, golf on the award winning 18 hole course designed by master architect Ted Robinson (free golf for up to 2 homeowners on title) , tennis, pickleball, pro shop, extensive activities and banquet/meeting rooms. Monthly HOA of $465. Sellers are motivated and it is priced to sell! You don't want to miss out on this beauty!

B
Barbara Scott
Listing Agent

Nearby schools

2/10
Painted Hills Middle School
Public,•6-8•1.0mi
3/10
Desert Hot Springs High School
Public,•9-12•1.6mi
4/10
Desert Learning Academy
Public,•K-12•11.1mi

Price History

Date
Event
Price
06/09/00
Sold
$99,500
Condition Rating
Good
The property, built in 1988, is functionally in good condition due to extensive recent system upgrades. These include new HVAC (2022), tankless water heater (2020), septic system (2025), roof repair (2025), exterior paint (2025), new dishwasher and cooktop (2024), new toilets and faucets (2025), and new LED lighting (2020). The private pool and spa were built in 2006 and appear well-maintained. While the kitchen features dated tile countertops and dark wood cabinets, and the bathrooms have older vanity styles and tile, these are cosmetic and do not impact the property's immediate move-in readiness or functionality. The major systems are well within their expected lifespan, aligning with the 'Good' criteria for a property with updated components but not a full aesthetic renovation.
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 = 7405, living area = 1805.
Comprehensive Country Club Lifestyle: The property is nestled within Mission Lakes Country Club, offering an award-winning 18-hole golf course with free golf for homeowners, multiple pools, fitness center, tennis, pickleball, and various dining options.
Private Pool & Spa: A significant advantage is the private pool and spa located in a large, secluded backyard, a highly sought-after amenity in the Palm Springs area.
Extensive Recent System Upgrades: The home has benefited from numerous recent upgrades (2020-2025), including new HVAC, tankless water heater, septic system, roof repair, exterior paint, and new appliances, reducing immediate buyer expenses.
Desirable Mountain Views: The property offers attractive mountain views, enhancing its aesthetic appeal and overall living experience.
Motivated Seller & Value Proposition: The sellers are motivated, and the property has seen a recent price reduction, indicating a potential opportunity for a favorable purchase.

Cons

Substantial Monthly HOA Fees: The monthly HOA fee of $465 is a considerable ongoing expense that prospective buyers must factor into their budget.
Property Age: Built in 1988, while many systems are updated, the home's original construction date may imply some dated aesthetics or potential for age-related maintenance beyond the recent upgrades.
Lower-Rated Local Schools: The proximity to a middle school with a lower rating (Painted Hills Middle School, rating 2) could be a concern for families prioritizing top-tier public education.
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