71475 Jaguar Way, Palm Desert, California 92260, Palm Desert, 92260 - 1 bed, 1 bath

71475 Jaguar Way, Palm Desert, California 92260 home-pic-0
ACTIVE$1,599,000
71475 Jaguar Way, Palm Desert, California 92260
1Bed
1Bath
786Sqft
219,107Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Panoramic Views: The property boasts stunning 'City Lights, Hills, and Mountain(s)' views, a highly desirable and premium feature in the Palm Desert market.
Top Cons:
Limited Living Space: The existing 786 sqft is exceptionally small for a single-family home, which may not meet the space requirements of most potential buyers.

Compared to the nearby listings

Price:$1.60M vs avg $825.0K (+$774,000)83%
Size:786 sqft vs avg 2,153.5 sqft1%
Price/sqft:$2.0K vs avg $37399%

More Insights

Built in 1961 (64 years old).
Condition: Built in 1961, this property has clearly undergone a significant and recent renovation, adopting a consistent rustic/desert aesthetic. The visible living areas feature well-maintained light wood flooring, exposed wood beams, and a functional, albeit vintage-style, wood-burning stove. The bathroom is highly stylized with a unique barrel vanity, vessel sink, and rustic fixtures, all appearing clean and in good condition. While the kitchen is not pictured, the overall impression from the available images suggests a move-in ready home with updated components that are well-maintained and functional within its chosen style. The property does not show signs of needing immediate repairs or updates, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years, despite its original build year.
Year Built
1961
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$2,034
HOA
-
Days on market
-
Sold On
-
MLS number
219135726DA
Home ConditionGood
Features
Excellent View: City Lights, Hills, Mountain(s)
ViewCity Lights,Hills,Mountain(s)

About this home

Nearby schools

7/10
Palm Desert High School
Public,9-124.8mi
Condition Rating
Good

Built in 1961, this property has clearly undergone a significant and recent renovation, adopting a consistent rustic/desert aesthetic. The visible living areas feature well-maintained light wood flooring, exposed wood beams, and a functional, albeit vintage-style, wood-burning stove. The bathroom is highly stylized with a unique barrel vanity, vessel sink, and rustic fixtures, all appearing clean and in good condition. While the kitchen is not pictured, the overall impression from the available images suggests a move-in ready home with updated components that are well-maintained and functional within its chosen style. The property does not show signs of needing immediate repairs or updates, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years, despite its original build year.
Pros & Cons

Pros

Exceptional Panoramic Views: The property boasts stunning 'City Lights, Hills, and Mountain(s)' views, a highly desirable and premium feature in the Palm Desert market.
Expansive Lot Size: With a generous 219,107 sqft (approximately 5 acres) lot, the property offers unparalleled privacy and significant potential for future development or extensive landscaping.
Significant Development Potential: The combination of a large lot and a modest existing structure presents a prime opportunity for a buyer to build a custom luxury home or undertake a substantial expansion.
Prime Palm Desert Location: Situated in Palm Desert, a highly sought-after area known for its upscale amenities, golf courses, and luxurious desert lifestyle.
Single-Family Residence: As a single-family residence, it offers full ownership and autonomy, which is a key advantage for many discerning buyers.

Cons

Limited Living Space: The existing 786 sqft is exceptionally small for a single-family home, which may not meet the space requirements of most potential buyers.
High Price-to-Size Ratio: The $1.599M list price for a 786 sqft home indicates that the value is predominantly in the land and views, implying that the existing structure may be considered a tear-down or require substantial additional investment for renovation.
Older Construction: Built in 1961, the property is over 60 years old, suggesting it likely requires extensive modernization, renovation, or a complete rebuild to meet contemporary luxury standards and buyer expectations.

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