67645 Broken Arrow Lane, Desert Hot Springs, California 92241, Desert Hot Springs, 92241 - 3 bed, 2 bath
ACTIVE$535,000
67645 Broken Arrow Lane, Desert Hot Springs, California 92241
3Beds
2Baths
1,331Sqft
9,583Lot
Price Vs. Estimate
The estimated value ($472,003.595) is $62,996.405 (11%) lower than the list price ($535,000). 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 = 9583, living area = 1331.
Top Cons:
Lack of Scenic Views: The property explicitly states 'None' for views, which can be a significant drawback in a region often valued for its mountain or desert vistas.
Compared to the nearby listings
Price:$535.0K vs avg $499.0K (+$36,000)59%
Size:1,331 sqft vs avg 1,902 sqft12%
Price/sqft:$402 vs avg $28582%
More Insights
Built in 1992 (33 years old).
Condition: Despite being built in 1992, this property has undergone extensive and recent renovations, particularly in the kitchen and bathrooms, which appear virtually new. The kitchen features modern grey shaker cabinets, white quartz-style countertops, a stylish tile backsplash, and new stainless steel appliances. The bathrooms boast contemporary vanities, modern fixtures, updated tiling (including a hexagonal mosaic accent), and sleek glass shower partitions. The property also benefits from a newly built pool in 2022 and solar panels, indicating significant recent investment and upgrades. The flooring, lighting, and overall interior aesthetics are modern and well-maintained, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Year Built
1992
Close
-
List price
$535K
Original List price
$540K
Price/Sqft
$402
HOA
-
Days on market
-
Sold On
-
MLS number
RS25123393
Home ConditionExcellent
Features
Pool
Patio
View-
About this home
First-time home buyers or Investors. Don't MISS OUT on this OPPORTUNITY. This beautiful 3-bedroom 2-bathroom home in the city of Desert Hot Springs is ready for you to enjoy. Just minutes away from the vibrant Downtown Palm Springs and the heart of Desert Hot Springs. The property has solar panels and the pool was built in 2022
Condition Rating
Excellent
Despite being built in 1992, this property has undergone extensive and recent renovations, particularly in the kitchen and bathrooms, which appear virtually new. The kitchen features modern grey shaker cabinets, white quartz-style countertops, a stylish tile backsplash, and new stainless steel appliances. The bathrooms boast contemporary vanities, modern fixtures, updated tiling (including a hexagonal mosaic accent), and sleek glass shower partitions. The property also benefits from a newly built pool in 2022 and solar panels, indicating significant recent investment and upgrades. The flooring, lighting, and overall interior aesthetics are modern and well-maintained, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
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 = 9583, living area = 1331.
New Pool Installation: A recently built pool (2022) significantly enhances recreational value and appeal, especially in the desert climate.
Solar Energy System: Equipped with solar panels, offering potential energy cost savings and environmental benefits to future owners.
Strategic Location: Conveniently located just minutes from vibrant Downtown Palm Springs and the heart of Desert Hot Springs, providing access to amenities and entertainment.
Broad Buyer Appeal: Marketed as an ideal opportunity for both first-time homebuyers and investors, indicating versatility and a wider potential buyer pool.
Modern Construction Year: Built in 1992, the home benefits from more contemporary construction standards compared to older properties in the area.
Cons
Lack of Scenic Views: The property explicitly states 'None' for views, which can be a significant drawback in a region often valued for its mountain or desert vistas.
Above Estimated Value: The current listing price is approximately 9% higher than the property's estimated value, potentially making it less competitive in the market.
Recent Price Reduction: A recent price drop from the original listing price may suggest initial overpricing or a lack of immediate buyer interest, potentially inviting lower offers.