72877 El Paseo 512, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
ACTIVE$698,000$1,300/sqft
72877 El Paseo 512, Palm Desert, California 92260
2Beds
2Baths
1,300Sqft
1,307Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Views: Situated minutes from El Paseo, this property offers desirable views overlooking a lush greenbelt, sparkling pool, and northern mountains, enhancing its appeal and lifestyle.
Top Cons:
High Association Fees: The monthly association fee of $835.0 is substantial and could impact overall affordability and long-term ownership costs for potential buyers or investors.
Compared to the nearby listings
Price:$698.0K vs avg $507.0K (+$191,000)75%
Size:1,300 sqft vs avg 1,584 sqft24%
Price/sqft:$537 vs avg $32795%
More Insights
Built in 1962 (64 years old).
Condition: Despite being built in 1962, this property has undergone an extensive and high-quality renovation, making it feel virtually new inside. The kitchen features modern light wood cabinetry, granite countertops, and stainless steel appliances (refrigerator, range, microwave, dishwasher). Both bathrooms are updated with granite counters, contemporary dark wood vanities, walk-in showers with modern glass enclosures, and stylish tile work. Sleek tile flooring extends throughout the home, and dual-paned sliders enhance natural light and efficiency. The overall aesthetic is fresh, stylish, and move-in ready, aligning with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an excellent rating.
Year Built
1962
Close
-
List price
$698K
Original List price
$698K
Price/Sqft
$537
HOA
$835
Days on market
-
Sold On
-
MLS number
219140895PS
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Mountain(s), Pool
Pool
Patio
ViewPark/Greenbelt, Mountain(s), Pool
About this home
Beautifully updated, effortlessly stylish, and ready for your desert escape! This Sandpiper gem sits in the historically designated area of Sandpiper -- where mid-century architecture, modern comfort, and pure Palm Desert living meet. Inside, you'll find sleek tile flooring throught, dual-paned sliders that fill the space with natural light, and an updated kitchen and baths that feel fresh and move-in ready. Both bathrooms feature granite counters, walk-in showers, and modern glass enclosures. A private patio off the kitchen is perfect for morning coffee or evening entertaining. From the living room, a poolside patio overlooks the lush greenbelt, sparkling pool, and northern mountain views. Eligible for the Mills Act and offering one-week minimum rentals, this home is ideal for personal enjoyment or income potential. Sold furnished with one covered carport space, minutes from El Paseo.
D
Darren Shay
Listing Agent
Condition Rating
Excellent
Despite being built in 1962, this property has undergone an extensive and high-quality renovation, making it feel virtually new inside. The kitchen features modern light wood cabinetry, granite countertops, and stainless steel appliances (refrigerator, range, microwave, dishwasher). Both bathrooms are updated with granite counters, contemporary dark wood vanities, walk-in showers with modern glass enclosures, and stylish tile work. Sleek tile flooring extends throughout the home, and dual-paned sliders enhance natural light and efficiency. The overall aesthetic is fresh, stylish, and move-in ready, aligning with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an excellent rating.
Pros & Cons
Pros
Prime Location & Views: Situated minutes from El Paseo, this property offers desirable views overlooking a lush greenbelt, sparkling pool, and northern mountains, enhancing its appeal and lifestyle.
Modern Updates & Turnkey Ready: The interior boasts sleek tile flooring, dual-paned sliders, and beautifully updated kitchen and bathrooms with granite counters and walk-in showers, making it move-in ready and sold furnished.
Income Potential & Tax Benefits: With eligibility for the Mills Act (potential property tax savings) and allowing one-week minimum rentals, this property presents a strong opportunity for both personal enjoyment and investment income.
Mid-Century Architectural Significance: Located in the historically designated Sandpiper area, the home embodies classic mid-century architecture blended with modern comforts, appealing to a specific aesthetic and historical value.
Multiple Outdoor Living Spaces: The property features both a private patio off the kitchen for intimate gatherings and a poolside patio from the living room, offering versatile options for relaxation and entertaining.
Cons
High Association Fees: The monthly association fee of $835.0 is substantial and could impact overall affordability and long-term ownership costs for potential buyers or investors.
Age of Building Infrastructure: Built in 1962, while the interior is updated, the underlying building and common area infrastructure is over 60 years old, potentially leading to future maintenance issues or special assessments for the HOA.
Condominium Living Limitations: As a condominium, the property comes with shared walls and proximity to common areas like the pool, which may result in reduced privacy and potential noise concerns compared to a detached home.