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73501 Broken Arrow Trail, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath

73501 Broken Arrow Trail, Palm Desert, California 92260 home-pic-0
ACTIVE$1,299,000
73501 Broken Arrow Trail, Palm Desert, California 92260
3Beds
3Baths
2,197Sqft
11,761Lot

Price Vs. Estimate

The estimated value ($604,465.81) is $694,534.19 (53%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top 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 = 11761, living area = 2197.
Top Cons:
Significant Discrepancy in Estimated Value: The property's listing price is substantially higher than its estimated market value (listing price is 53% higher than the estimation value), which could indicate overpricing and challenge market acceptance.

Compared to the nearby listings

Price:$1.30M vs avg $825.0K (+$474,000)79%
Size:2,197 sqft vs avg 2,165.5 sqft51%
Price/sqft:$591 vs avg $37387%

More Insights

Built in 1976 (49 years old).
Condition: This property has undergone an 'exquisitely updated' and 'modernizing' renovation, bringing it to a virtually new condition despite its 1976 build year. The kitchen features new appliances, including a floating hood vent, ample cabinetry, and a new backsplash. Bathrooms are described as 'spa-like' with a soaking tub, dual vanities, and separate shower, all appearing modern and high-quality in the images. The property boasts luxury vinyl floors, new carpets in bedrooms, fresh interior paint, new fixtures, and a newly installed high-efficiency solar system. While the original construction year is older, the extensive and recent renovations, coupled with the high-quality finishes and new systems, align perfectly with the 'Excellent' criteria of having all components new or virtually new with no deferred maintenance.
Year Built
1976
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$591
HOA
$19
Days on market
-
Sold On
-
MLS number
219127903DA
Home ConditionExcellent
Features
Excellent View: City Lights, Desert, Hills, Mountain(s), Panoramic, Pool
Pool
Spa
Patio
ViewCity Lights,Desert,Hills,Mountain(s),Panoramic,Pool

About this home

Discover Silver Spur Ranch--an enclave of unique homes nestled in South Palm Desert. THIS designer-furnished, exquisitely updated home is on an upper lot with unobstructed Southern Mountain views. Property combines vintage class with modern comforts. Sweeping circular drive sets the stage. Tiled courtyard entry. Double art glass doors open to reveal a showplace. Soaring vaulted ceiling with wood beam accent. Spacious open floor plan. Updated features throughout. Exceptional attention to detail modernizing entire property with great care, while showing respect towards its original Spanish revival core elements. Gourmet kitchen with new appliances, including floating hood vent over range, tons of countertop & cabinetry space, new backsplash. Barn door into kitchen. New fireplace tile, mantel, gas logs, rock & screen. Luxury vinyl floors in all main areas, carpeted bedrooms. Fresh interior paint. New fixtures, finishes, handles & pulls. Well-spaced bedrooms for privacy. Expansive Primary suite with spa-like bath--soaking tub, dual vanities, separate shower, oversized sized walk-in closet spaces! Sliders glide open to resort-like backyard. Sparkling pool with waterfall spa. Extended covered patio with built-in BBQ. Glorious, draped daybed to relax and enjoy desert vistas from. Hardscape enhanced by faux turf. Raised planters with mature landscape--even citrus trees! All new irrigation system, lighting and accent plants. Updated alarm system. Newly installed high-efficiency solar system. 2-Car attached garage + additional side drive for added parking. Enjoy the gorgeous interior, lounge poolside, entertain, stargaze--this is the IDEAL renovated property to call HOME! Centrally located, mere minutes from El Paseo shopping & dining, neighborhood hiking trails, The Living Desert, tennis clubs and multiple golf courses to choose from all minutes away! Furnished per inventory. Update/renovation list available upon request. Stop searching & START living!

Nearby schools

7/10
Palm Desert High School
Public,•9-12•2.8mi
Condition Rating
Excellent
This property has undergone an 'exquisitely updated' and 'modernizing' renovation, bringing it to a virtually new condition despite its 1976 build year. The kitchen features new appliances, including a floating hood vent, ample cabinetry, and a new backsplash. Bathrooms are described as 'spa-like' with a soaking tub, dual vanities, and separate shower, all appearing modern and high-quality in the images. The property boasts luxury vinyl floors, new carpets in bedrooms, fresh interior paint, new fixtures, and a newly installed high-efficiency solar system. While the original construction year is older, the extensive and recent renovations, coupled with the high-quality finishes and new systems, align perfectly with the 'Excellent' criteria of having all components new or virtually new with no 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 = 11761, living area = 2197.
Comprehensive Modern Renovation: The property has undergone an 'exquisitely updated' and 'designer-furnished' renovation, blending 'vintage class with modern comforts' and 'exceptional attention to detail,' making it a turnkey modern home.
Resort-Style Outdoor Living: Features a 'resort-like backyard' with a 'sparkling pool with waterfall spa,' 'extended covered patio with built-in BBQ,' 'faux turf,' and 'mature landscape,' ideal for entertainment and relaxation.
Prime Location & Panoramic Views: Situated on an 'upper lot with unobstructed Southern Mountain views' in 'Silver Spur Ranch,' minutes from 'El Paseo shopping & dining,' hiking trails, and golf courses.
Energy Efficiency & Upgraded Systems: Benefits from a 'newly installed high-efficiency solar system,' 'updated alarm system,' and 'all new irrigation system,' contributing to lower utility costs and enhanced security.
Luxurious Primary Suite & Open Concept: Boasts an 'expansive Primary suite with spa-like bath' including a soaking tub, dual vanities, and oversized walk-in closets, complemented by a 'spacious open floor plan' and 'soaring vaulted ceiling.'

Cons

Significant Discrepancy in Estimated Value: The property's listing price is substantially higher than its estimated market value (listing price is 53% higher than the estimation value), which could indicate overpricing and challenge market acceptance.
Original Construction Age: Despite extensive renovations, the home was originally built in 1976, meaning some underlying infrastructure (e.g., foundation, original framing) is nearly 50 years old, which might raise concerns for some buyers compared to newer builds.
Lack of Explicit HVAC Update: While general updates are mentioned, the description does not explicitly detail an updated or new cooling system, which is a critical feature for comfort and energy efficiency in the Palm Desert climate.

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