73228 Santa Rosa Way, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 3 bath
ACTIVE$685,000
73228 Santa Rosa Way, Palm Desert, California 92260
4Beds
3Baths
1,545Sqft
7,405Lot
Year Built
2021
Close
-
List price
$685K
Original List price
$685K
Price/Sqft
$443
HOA
-
Days on market
-
Sold On
-
MLS number
CV24235957
Home ConditionExcellent
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $685.0K(38th), sqft - 1545(20th), beds - 4(62th), baths - 3(50th).
In the heart of Palm Desert! So close to everything, the Mall, Restaurants, and Shops on El Paseo, across the street from the McCallum Theater, two minutes to the door of your classroom at COD, City Hall. For its great location. No HOA. This house has a private area with a fireplace, ideal for Grandma or Mother-in-law, with its full bathroom, bedroom, and kitchenette. Nice house for a big family! Long driveway. A MUST SEE
Condition Rating
Excellent
This property was built in 2021, making it only three years old and virtually new. The images showcase a modern, open-concept design with a contemporary kitchen featuring white shaker cabinets, granite countertops, stainless steel appliances, and stylish pendant lighting. Bathrooms are also updated with modern vanities and fixtures. The consistent wood-look flooring throughout and recessed lighting contribute to a fresh, move-in ready aesthetic with no visible signs of wear or deferred maintenance.
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 = 7405, living area = 1545.
New Construction: Built in 2021, the property offers modern standards, updated infrastructure, and reduced immediate maintenance concerns for a new owner.
Prime Central Location: Situated in the heart of Palm Desert, providing exceptional proximity to major amenities including the Mall, El Paseo shops and restaurants, McCallum Theater, and College of the Desert.
No HOA Fees: The absence of Homeowners Association fees and associated restrictions offers financial savings and greater property autonomy compared to many properties in the area.
Multi-Generational Suite: Includes a dedicated private area with a fireplace, full bathroom, bedroom, and kitchenette, ideal for extended family living or potential rental income.
Ample Parking: Features a long driveway, providing generous off-street parking capacity, which is a practical benefit for families or guests.
Cons
Potential Overpricing: The current listing price of $685,000 is significantly higher than the property's estimated value of $621,049.515, indicated by a -9% estimation ratio, which may deter potential buyers.
Lack of Outdoor Amenities: The property description does not mention a pool, spa, or other significant outdoor recreational features, which are highly desired in the Palm Desert climate and common among competing properties.
Standard Neighborhood View: The property offers a 'Neighborhood' view, which is less appealing compared to the mountain or desert views often available and preferred in the Palm Desert area.