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74450 Millennia Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath

74450 Millennia Way, Palm Desert, California 92211 home-pic-0
ACTIVE$545,000$1,652/sqft
Est. Value: $547,992
%
FairlyEstimate
74450 Millennia Way, Palm Desert, California 92211
2Beds
2Baths
1,652Sqft
4,792Lot

Price Vs. Estimate

The estimated value ($547,991.99) is $2,991.99 (0%) lower than the list price ($545,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Design & Features: Built in 2017 by award-winning GHA, this home boasts a crisp, clean, and user-friendly Plan 1 with a bright, airy, and open floor plan, generous kitchen with island, stainless steel appliances, soaring ceilings, and a soothing neutral palette.
Top Cons:
Leased Solar System Assumption: The buyer(s) will need to assume the existing leased solar system, which entails a recurring monthly payment and a contractual obligation.

Compared to the nearby listings

Price:$545.0K vs avg $540.0K (+$5,000)51%
Size:1,652 sqft vs avg 1,875 sqft33%
Price/sqft:$330 vs avg $30667%

More Insights

Built in 2017 (9 years old).
Condition: Built in 2017, this property is virtually new. The kitchen features modern white shaker cabinets, stainless steel appliances, quartz countertops, and a stylish backsplash. Bathrooms boast contemporary vanities, an oversized walk-in shower in the primary suite, and modern fixtures. Flooring is a mix of clean tile and well-maintained carpet. All components are current, high-quality, and show no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' condition criteria.
Year Built
2017
Close
-
List price
$545K
Original List price
$560K
Price/Sqft
$330
HOA
$320
Days on market
-
Sold On
-
MLS number
219141004DA
Home ConditionExcellent
Features
Good View: Mountain(s), Peek-A-Boo
Patio
ViewMountain(s), Peek-A-Boo

About this home

The Most AFFORDABLE Option in Genesis - A Modern Community Built by Local Award-Winning GHA. This Crisp and Clean Plan 1 Boasts 2BR's + Bonus Room (which could be converted to a 3rd bedroom) on a Desirable Corner Lot. The User-Friendly Floor Plan Delivers a Functional Flow and has the Everything Today's Buyers Covet; BRIGHT, AIRY and OPEN w/an Abundance of Natural Light. You'll Appreciate the Generous Kitchen w/Island that Flows into the Great Room, Stainless Steel Appliances, Innovative Backsplash, Soaring Ceilings and a Soothing Neutral Palate of Colors Throughout. The Great Room Flows Seamlessly to the Outdoors, Complete with A Firepit, Conversation Area and Peek-a-Boo Mountain Views all with Zero-Maintenance Landscaping. Bedrooms are Adequately Spaced for Privacy and the Primary Suite features an Oversized walk-in Shower, Dual Vanities and a Walk-in Closet. Truly a Triple Option of Opportunity; a Primary Residence, a Vacation Getaway -or- a Fantastic Rental Opportunity that could be Ready for Revenue! Leased Solar System for Energy Efficiencies will need to be Assumed by Buyer(s). Low HOA includes Community Gate, Front Yard Maintenance, Community Pool/Spa, Fitness Center, Tranquil Walking Trails, Dog Park and Direct TV + Internet. BONUS: Centrally Located, Close to Restaurants, Shopping, Schools, Golfing, Acrisure Arena and I-10, which Makes Traversing the Entire Valley a Cinch!

T
T.J. Mc Caa
Listing Agent

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•4.6mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•4.8mi
5/10
Rancho Mirage High
Public,•9-12•4.5mi
4/10
Desert Learning Academy
Public,•K-12•9.1mi

Price History

Date
Event
Price
06/28/17
Sold
$398,000
Condition Rating
Excellent
Built in 2017, this property is virtually new. The kitchen features modern white shaker cabinets, stainless steel appliances, quartz countertops, and a stylish backsplash. Bathrooms boast contemporary vanities, an oversized walk-in shower in the primary suite, and modern fixtures. Flooring is a mix of clean tile and well-maintained carpet. All components are current, high-quality, and show no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' condition criteria.
Pros & Cons

Pros

Modern Design & Features: Built in 2017 by award-winning GHA, this home boasts a crisp, clean, and user-friendly Plan 1 with a bright, airy, and open floor plan, generous kitchen with island, stainless steel appliances, soaring ceilings, and a soothing neutral palette.
Exceptional Community Amenities & Low HOA: The low HOA includes a community gate, front yard maintenance, community pool/spa, fitness center, tranquil walking trails, a dog park, and Direct TV + Internet, providing a comprehensive, resort-like lifestyle.
Versatile Living & Investment Opportunity: The property presents a 'Triple Option of Opportunity' as a primary residence, a vacation getaway, or a fantastic rental property, appealing to a wide range of potential buyers and investment strategies.
Prime Location & Accessibility: Centrally located, it offers convenient access to restaurants, shopping, schools, golfing, Acrisure Arena, and the I-10 freeway, simplifying travel across the valley.
Outdoor Living & Low Maintenance: Features a seamless indoor-outdoor flow to a private backyard complete with a firepit, conversation area, zero-maintenance landscaping, and peek-a-boo mountain views.

Cons

Leased Solar System Assumption: The buyer(s) will need to assume the existing leased solar system, which entails a recurring monthly payment and a contractual obligation.
Limited Dedicated Bedrooms: While offering a bonus room convertible to a 3rd bedroom, the property is initially configured with 2 bedrooms, which might be a consideration for buyers specifically seeking three dedicated bedrooms.
Entry-Level Offering in Community: Marketed as 'The Most AFFORDABLE Option in Genesis,' this may imply it's a smaller unit or has fewer premium upgrades compared to other homes within the same modern community, potentially affecting its relative long-term value appreciation.
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