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64977 Ray Court Court, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath

64977 Ray Court Court, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$530,000
64977 Ray Court Court, Desert Hot Springs, California 92240
3Beds
2Baths
1,927Sqft
13,503Lot

Price Vs. Estimate

The estimated value ($508,592.87) is $21,407.13 (4%) lower than the list price ($530,000). This property may be overpriced.

Key pros and cons

Top Pros:
Resort-Style Living & Amenities: The property is located within Mission Lakes Country Club, offering unlimited free golf for two homeowners, a clubhouse, community pool/spa, fitness center, and multiple tennis/pickleball courts.
Top Cons:
Significant HOA Fees: The $465 monthly HOA fee, while inclusive of extensive amenities, represents a substantial ongoing cost for homeowners.

Compared to the nearby listings

Price:$530.0K vs avg $400.0K (+$130,000)88%
Size:1,927 sqft vs avg 1,627 sqft76%
Price/sqft:$275 vs avg $25466%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is well-maintained and move-in ready with no immediate renovations required. Recent significant upgrades include new porcelain tile flooring throughout the entire house, a new HVAC unit and thermostat, and a brand new heated pool and spa. The kitchen features stainless steel appliances and granite countertops, which are functional and in good condition. However, the kitchen cabinet style and the bathroom's tiled countertops and tile patterns reflect an early 2000s aesthetic, preventing it from being classified as 'Excellent' which implies 'new or virtually new, meeting current quality standards.' Despite these stylistic elements, major systems are updated and functional, and the property shows minimal wear and tear, aligning with the 'Good' condition criteria.
Year Built
2005
Close
-
List price
$530K
Original List price
$530K
Price/Sqft
$275
HOA
$465
Days on market
-
Sold On
-
MLS number
219133322DA
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic
Pool
Spa
Patio
ViewMountain(s), Panoramic

About this home

POOL LOVERS, this desert retreat is priced to sell within the best in class neighborhood of Mission Lakes Country Club. Located just 15 minutes from downtown Palm Springs! SELLER willing to do a RATE BUY DOWN to help make payments easier for the potential buyer! This semi-custom home is nestled in a quiet upgraded cul-de-sac on a jumbo sized recently redesigned low maintenance lot. Vaulted ceilings and open floor plan seamlessly transition to an Entertainer's Backyard with a brand new sparkling heated pool and spa. Resort style living at its finest with numerous recent upgrades including textured porcelain tile throughout the whole house. New HVAC unit and thermostat. Oversized Master bedroom with patio access that includes Jacuzzi soaking tub with separate shower and walk in closet. Stainless Steel Appliances with granite counters grace the kitchen. Gas burning fire pit area and direct gas line for BBQ. RV parking with dump connection. HOA fee includes UNLIMITED FREE GOLF for two homeowners on an award winning Ted Robinson designed golf course rated one of the best in the Coachella Valley. The clubhouse features a fully stocked golf pro shop on the lower level and a dining room and bar area on the main floor. The outdoor resort style community pool/spa, fitness center, and multiple tennis/pickleball courts are also included. Rentals are allowed for a minimum of 30 days. If you are truly looking for that hidden jewel in the desert call me today. All furniture and appliances are included.

Nearby schools

2/10
Painted Hills Middle School
Public,•6-8•0.6mi
3/10
Desert Hot Springs High School
Public,•9-12•1.7mi
4/10
Desert Learning Academy
Public,•K-12•11.5mi
Condition Rating
Good
Built in 2005, this property is well-maintained and move-in ready with no immediate renovations required. Recent significant upgrades include new porcelain tile flooring throughout the entire house, a new HVAC unit and thermostat, and a brand new heated pool and spa. The kitchen features stainless steel appliances and granite countertops, which are functional and in good condition. However, the kitchen cabinet style and the bathroom's tiled countertops and tile patterns reflect an early 2000s aesthetic, preventing it from being classified as 'Excellent' which implies 'new or virtually new, meeting current quality standards.' Despite these stylistic elements, major systems are updated and functional, and the property shows minimal wear and tear, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Resort-Style Living & Amenities: The property is located within Mission Lakes Country Club, offering unlimited free golf for two homeowners, a clubhouse, community pool/spa, fitness center, and multiple tennis/pickleball courts.
Private Outdoor Oasis: Features a brand new heated pool and spa, a gas burning fire pit area, and a direct gas line for BBQ, creating an ideal entertainer's backyard.
Extensive Recent Upgrades: The home boasts numerous recent upgrades including a new HVAC unit, textured porcelain tile throughout, and an upgraded kitchen with stainless steel appliances and granite counters.
Financial Incentive & Turnkey Ready: The seller is willing to offer a rate buy-down, and all furniture and appliances are included, providing a significant financial benefit and a ready-to-move-in experience.
Desirable Lot & Location Features: Situated on a quiet, upgraded cul-de-sac with a jumbo-sized, low-maintenance lot, RV parking with dump connection, and just 15 minutes from downtown Palm Springs.

Cons

Significant HOA Fees: The $465 monthly HOA fee, while inclusive of extensive amenities, represents a substantial ongoing cost for homeowners.
Desert Hot Springs Location: While conveniently located near Palm Springs, the specific address in Desert Hot Springs may be perceived as less prestigious or desirable by some buyers compared to properties directly within Palm Springs.
Rental Period Restrictions: The 30-day minimum rental period limits the property's flexibility for short-term vacation rentals, which could be a drawback for investors seeking higher income from shorter stays.

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