731 E Arenas Road, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath

731 E Arenas Road, Palm Springs, California 92262 home-pic-0
ACTIVE$650,000
731 E Arenas Road, Palm Springs, California 92262
2Beds
3Baths
1,596Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Ideally situated in the heart of downtown Palm Springs, adjacent to the vibrant Arenas District, offering effortless access to the city's best dining, shopping, and entertainment.
Top Cons:
High Monthly Association Fees: The association fee of $726.00 per month is a substantial recurring expense, which could be a significant factor for budget-conscious buyers, despite the comprehensive coverage.

Compared to the nearby listings

Price:$650.0K vs avg $643.8K (+$6,250)50%
Size:1,596 sqft vs avg 1,594.5 sqft50%
Price/sqft:$407 vs avg $40450%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this townhouse has been meticulously maintained and thoughtfully upgraded, presenting in immaculate condition. The kitchen features sleek, modern cabinetry, pristine quartz countertops, and contemporary stainless steel appliances, appearing virtually new. Bathrooms are spa-like with modern vanities, quartz, and subway-tiled showers with glass enclosures, including a steam shower. Key systems like owned solar, a Navien tankless water heater, and a Carrier AC system are recent upgrades, ensuring current quality standards and minimal depreciation. The overall aesthetic is striking and contemporary, with gleaming tile floors and modern carpets, aligning perfectly with an 'excellent' rating.
Year Built
2003
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$407
HOA
$726
Days on market
-
Sold On
-
MLS number
25586949PS
Home ConditionExcellent
Features
Good View: Mountain(s), Pool
Deck
Patio
ViewMountain(s), Pool

About this home

Amazing value! Fee simple land (no land lease), OWNED solar, and immaculate condition. Experience the best of Palm Springs living in this meticulously maintained modern townhouse, ideally situated in the heart of downtown, adjacent to the newly established Arenas District. Thoughtfully upgraded and offered for sale for the first time since construction, this home showcases striking, award-winning contemporary design. Highlights include 9-foot ceilings, a floating iron and wood staircase, a gas fireplace, and gleaming tile floors. The stunning kitchen boasts sleek cabinetry and appliances, pristine quartz countertops, and ample storage. Two spacious primary suites feature spa-like ensuite baths, with the south suite offering a large walk-in closet, a steam shower, and picturesque views of the pool and mountains. Enjoy the private, walled patio surrounded by lush greenery, complete with a built-in gas line - perfect for a fire pit, grill, or outdoor dining area. Additional upgrades include a Navien tankless water heater, a Carrier AC system, and a three-stage water filtration system. Other conveniences include two deeded covered carport spaces just outside the kitchen entrance, central vacuum, bicycle storage, and gated access. Located in the heart of downtown Palm Springs, this home offers effortless access to the city's best dining, shopping, and entertainment, including Sherman's Deli, the International Film Festival, the Convention Center, and Agua Caliente Casino. The HOA covers earthquake insurance, water, refuse, pools and spas, and roof maintenance, making this an exceptional lock-and-leave opportunity in the city's most vibrant district.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.8mi
4/10
Raymond Cree Middle School
Public,6-81.7mi
4/10
Desert Learning Academy
Public,K-121.1mi
6/10
Palm Springs High School
Public,9-121.3mi
Condition Rating
Excellent

Built in 2003, this townhouse has been meticulously maintained and thoughtfully upgraded, presenting in immaculate condition. The kitchen features sleek, modern cabinetry, pristine quartz countertops, and contemporary stainless steel appliances, appearing virtually new. Bathrooms are spa-like with modern vanities, quartz, and subway-tiled showers with glass enclosures, including a steam shower. Key systems like owned solar, a Navien tankless water heater, and a Carrier AC system are recent upgrades, ensuring current quality standards and minimal depreciation. The overall aesthetic is striking and contemporary, with gleaming tile floors and modern carpets, aligning perfectly with an 'excellent' rating.
Pros & Cons

Pros

Prime Downtown Location: Ideally situated in the heart of downtown Palm Springs, adjacent to the vibrant Arenas District, offering effortless access to the city's best dining, shopping, and entertainment.
Significant Financial Advantages: Features fee simple land (no land lease) and owned solar panels, providing long-term financial benefits by eliminating lease payments and reducing utility costs.
Modern Design & Immaculate Condition: A meticulously maintained modern townhouse showcasing striking, award-winning contemporary design and offered in immaculate, move-in ready condition.
Extensive Upgrades & Premium Features: Thoughtfully upgraded with high-end amenities including a stunning kitchen with quartz countertops, spa-like ensuite baths with a steam shower, tankless water heater, Carrier AC, and a three-stage water filtration system.
Comprehensive HOA Benefits: The HOA covers earthquake insurance, water, refuse, pools, spas, and roof maintenance, offering a convenient 'lock-and-leave' lifestyle with reduced homeowner responsibilities.

Cons

High Monthly Association Fees: The association fee of $726.00 per month is a substantial recurring expense, which could be a significant factor for budget-conscious buyers, despite the comprehensive coverage.
Carport Parking Only: While two deeded covered carport spaces are provided, the absence of a fully enclosed garage may be a drawback for buyers seeking additional security, enclosed storage, or protection from the elements.
Attached Dwelling Structure: As a townhouse, the property shares walls with neighboring units, which may result in less privacy and potential for noise transfer compared to a detached single-family home.

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