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73005 Pancho Segura Lane, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath

73005 Pancho Segura Lane, Palm Desert, California 92260 home-pic-0
ACTIVE$415,000
73005 Pancho Segura Lane, Palm Desert, California 92260
2Beds
2Baths
1,136Sqft
1,085Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Community Amenities: Located in Deep Canyon Tennis Club, offering a highly active recreational and social community with 12 tennis courts, 6 pickleball courts, bocce, a golf green practice area, 12 pools, 4 hot tubs, and a recently new clubhouse.
Top Cons:
High Monthly Association Fee: The $715.0 monthly association fee is substantial and could be a significant ongoing cost for potential buyers, impacting affordability.

Compared to the nearby listings

Price:$415.0K vs avg $490.0K ($-75,000)27%
Size:1,136 sqft vs avg 1,584 sqft14%
Price/sqft:$365 vs avg $32171%

More Insights

Built in 1979 (46 years old).
Condition: Built in 1979, this condo has undergone significant recent updates, including new flooring throughout and a new furnace and A/C heat pump, ensuring major systems are functional and within their expected lifespan. The kitchen and bathrooms feature upgraded cabinetry and clean countertops, making the property move-in ready. While the kitchen appliances are white and not the most modern stainless steel, the overall condition is well-maintained and requires no immediate renovations, aligning with the 'Good' condition criteria.
Year Built
1979
Close
-
List price
$415K
Original List price
$425K
Price/Sqft
$365
HOA
$715
Days on market
-
Sold On
-
MLS number
219126938DA
Home ConditionGood
Features
Good View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

All Lower Level and Nicely updated 2 Bedroom and 2 Bath condo located in a great community. This condo has a variety of excellent improvements to enhance comfort and livability. Most recently, new flooring has been installed throughout the condo. A new furnace and A/C heat pump has been installed as well. Lots of upgraded cabinetry in the modernized kitchen and in both bathrooms. This condo has an original atrium that has now been brought under cover with a large bubbled skylight. A previous owner used this area quite comfortably has his office. This room area adds 70 SqFt to the condo living area. Note expansive views from the front door and the east-facing patio. See valley views, city lights at night and mountain views to the southwest. Located in Deep Canyon Tennis Club, a hugely active recreational and social community. 12 Tennis Courts, 6 Pickleball Courts, Bocce, Golf Green practice area, 12 pools, 4 hot tubs and a great Clubhouse that is completely new as of about 5 years ago. Come and discover a great place to live and to call home.

Nearby schools

7/10
Palm Desert High School
Public,•9-12•2.7mi
Condition Rating
Good
Built in 1979, this condo has undergone significant recent updates, including new flooring throughout and a new furnace and A/C heat pump, ensuring major systems are functional and within their expected lifespan. The kitchen and bathrooms feature upgraded cabinetry and clean countertops, making the property move-in ready. While the kitchen appliances are white and not the most modern stainless steel, the overall condition is well-maintained and requires no immediate renovations, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Extensive Community Amenities: Located in Deep Canyon Tennis Club, offering a highly active recreational and social community with 12 tennis courts, 6 pickleball courts, bocce, a golf green practice area, 12 pools, 4 hot tubs, and a recently new clubhouse.
Significant Recent Updates: The condo features new flooring throughout, a new furnace and A/C heat pump, and upgraded cabinetry in the modernized kitchen and both bathrooms, ensuring move-in readiness.
Expansive Views: The property boasts expansive valley views, city lights at night, and mountain views to the southwest from the front door and the east-facing patio, enhancing its appeal.
Added Versatile Living Space: An original atrium has been enclosed with a large bubbled skylight, adding 70 SqFt of living area, which can comfortably serve as an office or additional functional space.
Lower Level Accessibility: Being an 'All Lower Level' unit provides easy access, convenience for moving, and potentially cooler temperatures, which is a desirable feature in Palm Desert.

Cons

High Monthly Association Fee: The $715.0 monthly association fee is substantial and could be a significant ongoing cost for potential buyers, impacting affordability.
Original Building Age: While the interior is updated, the building was constructed in 1979, which may raise concerns about the age of the overall infrastructure and potential for future common area assessments.
Recent Price Reduction: The property has already undergone a $10,000 price reduction from its original list price, which might indicate a slower market response or that the initial pricing was too high.

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