74140 Scholar Lane E, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 2 bath
ACTIVE$650,000$1,838/sqft
Est. Value: $656,724
1%
FairlyEstimate
74140 Scholar Lane E, Palm Desert, California 92211
3Beds
2Baths
1,838Sqft
9,583Lot
Price Vs. Estimate
The estimated value ($656,724.175) is $6,724.175 (1%) lower than the list price ($650,000). 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 = 9583, living area = 1838.
Top Cons:
Potential for Aging Major Systems: Built in 2001, the property description does not explicitly mention recent updates to major systems such as HVAC, water heater, or roof, which could be original and may require future investment for replacement or maintenance.
Compared to the nearby listings
Price:$650.0K vs avg $540.0K (+$110,000)71%
Size:1,838 sqft vs avg 1,875 sqft47%
Price/sqft:$354 vs avg $30680%
More Insights
Built in 2001 (25 years old).
Condition: Built in 2001, this property is 23 years old but presents as move-in ready with no immediate renovations required. The listing highlights recent updates including brand new carpet in bedrooms, new ceiling fans, and new LED recessed lights throughout. The kitchen, while featuring light wood cabinets and granite countertops that reflect its early 2000s build, is described as a 'grand chef's kitchen' and appears very clean and functional in the images, with a stainless steel refrigerator and white double ovens/microwave. Bathrooms are also clean and well-maintained, consistent with the home's age but not showing significant wear or damage. The overall condition, combined with recent cosmetic updates, places it firmly in the 'Good' category, even if some aesthetic elements like the white appliances and specific tile/granite styles are not ultra-modern.
Year Built
2001
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$354
HOA
-
Days on market
-
Sold On
-
MLS number
219141058PS
Home ConditionGood
Features
Good View: Mountain(s), Panoramic
Pool
Spa
Patio
ViewMountain(s), Panoramic
About this home
* 3BR/2BA detached Single Family Home with pano mountain views on fee land with no HOA* Open floor plan with vaulted ceiling living room/dining area, gas fireplace and direct access to a covered patio and gorgeous pool & spa; perfect for indoor/outdoor living and entertaining* Grand chef's kitchen with center island and 2nd sink and a 5-burner gas cooktop* Large primary bedroom, with direct access to the covered patio and pool deck, ensuite spa-like bath with soaking tub and separate shower and walk in closet* 2 additional excellent sized bedrooms* 2nd bath with shower over tub* Separate laundry room * Private yard with beautiful pool & spa and panoramic mountain views* Covered patio with recessed lighting and ceiling fans* Tiled floors throughout, brand new carpet in the bedrooms* New ceiling fans and new LED recessed lights throughout * Double paned windows throughout* 2-car side by side garage* Fantastic Palm Desert location close to freeways, schools, shopping center and renowned golf courses
J
John Le Page
Listing Agent
Price History
Date
Event
Price
08/29/02
Sold
$245,000
Condition Rating
Good
Built in 2001, this property is 23 years old but presents as move-in ready with no immediate renovations required. The listing highlights recent updates including brand new carpet in bedrooms, new ceiling fans, and new LED recessed lights throughout. The kitchen, while featuring light wood cabinets and granite countertops that reflect its early 2000s build, is described as a 'grand chef's kitchen' and appears very clean and functional in the images, with a stainless steel refrigerator and white double ovens/microwave. Bathrooms are also clean and well-maintained, consistent with the home's age but not showing significant wear or damage. The overall condition, combined with recent cosmetic updates, places it firmly in the 'Good' category, even if some aesthetic elements like the white appliances and specific tile/granite styles are not ultra-modern.
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 = 9583, living area = 1838.
Panoramic Mountain Views & Private Pool/Spa: The property boasts stunning panoramic mountain views and a private pool and spa, creating an ideal setting for relaxation and entertainment, characteristic of the desirable Palm Desert lifestyle.
No HOA & Fee Land Ownership: Being on fee land with no Homeowners Association (HOA) provides significant financial benefits by avoiding recurring HOA fees and offers greater freedom for property modifications and usage.
Modern Chef's Kitchen: The grand chef's kitchen features a center island, a second sink, and a 5-burner gas cooktop, catering to culinary enthusiasts and enhancing the home's appeal for entertaining.
Open Floor Plan & Indoor/Outdoor Living: An open floor plan with vaulted ceilings, a gas fireplace, and direct access to a covered patio and pool deck seamlessly blends indoor and outdoor living, perfect for the desert climate.
Prime Palm Desert Location: Strategically located in Palm Desert, the home offers convenient access to freeways, schools, shopping centers, and renowned golf courses, enhancing its desirability and potential for appreciation.
Cons
Potential for Aging Major Systems: Built in 2001, the property description does not explicitly mention recent updates to major systems such as HVAC, water heater, or roof, which could be original and may require future investment for replacement or maintenance.
Limited Bathroom Count: With 3 bedrooms and only 2 full bathrooms, the property might present a limitation for larger families or those who prefer additional bathroom facilities for guests or personal convenience.
Modest Lot Size: While offering a private pool and patio, the 9,583 sqft lot size may be considered modest by some buyers seeking more expansive outdoor living space, larger gardens, or greater privacy in the Palm Desert area.