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74576 Fairway Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath

74576 Fairway Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$785,000
74576 Fairway Drive, Palm Desert, California 92260
2Beds
2Baths
1,480Sqft
11,326Lot

Price Vs. Estimate

The estimated value ($749,705.755) is $35,294.245 (4%) lower than the list price ($785,000). This property may be overpriced.

Key pros and cons

Top Pros:
Mid-Century Architectural Style: The property is explicitly described as a 'Classic 1960's Mid Century Gem,' a highly sought-after architectural style known for its unique design and aesthetic appeal.
Top Cons:
Age of Property Infrastructure: Built in 1962, while cosmetically updated, the underlying infrastructure (e.g., plumbing, electrical, roof) may be original or require significant updates, potentially leading to unforeseen maintenance costs.

Compared to the nearby listings

Price:$785.0K vs avg $822.5K ($-37,500)48%
Size:1,480 sqft vs avg 2,153.5 sqft18%
Price/sqft:$530 vs avg $37382%

More Insights

Built in 1962 (63 years old).
Condition: Despite being built in 1962, this property has undergone extensive and recent high-quality renovations. The kitchen features sleek, modern cabinetry, Quartz countertops, Newport Brass fixtures, and brand-new GE Cafe appliances. Both bathrooms have been fully remodeled with contemporary tile showers and Quartz countertops. The flooring is modern porcelain tile throughout, and the overall aesthetic is updated and move-in ready, meeting current quality standards with virtually new components.
Year Built
1962
Close
-
List price
$785K
Original List price
$785K
Price/Sqft
$530
HOA
$500
Days on market
-
Sold On
-
MLS number
219129557DA
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Peek-A-Boo, Pool
Pool
Patio
ViewPark/Greenbelt, Peek-A-Boo, Pool

About this home

Classic 1960's Mid Century Gem in South Palm Desert. A welcoming courtyard opens to a double door entry foyer with original Terrazzo floor. Wall-to-wall sliding glass patio doors open to views of the sparkling pool and beautifully landscaped grounds. The open floor plan features a remodeled kitchen with sleek cabinetry, Quartz Countertops, Newport Brass fixtures and GE Cafe Appliances. The living/dining area has a Vintage Dry Bar and built-in buffet cabinet. 2BR/2BA Porcelain Tile floors throughout. The Primary BR, with en suite, has access to a private side patio. The 2nd BR has an office alcove. Both bathrooms were remodeled with tile showers and Quartz countertops. This is one of four Mid-Century Homes sharing the serenity of lush greenspace and mature landscaping. A beautiful swimming pool beckons fun and relaxation for those within this private enclave. This Mid Century Gem is offered furnished and ready for full-time or seasonal enjoyment.

Condition Rating
Excellent
Despite being built in 1962, this property has undergone extensive and recent high-quality renovations. The kitchen features sleek, modern cabinetry, Quartz countertops, Newport Brass fixtures, and brand-new GE Cafe appliances. Both bathrooms have been fully remodeled with contemporary tile showers and Quartz countertops. The flooring is modern porcelain tile throughout, and the overall aesthetic is updated and move-in ready, meeting current quality standards with virtually new components.
Pros & Cons

Pros

Mid-Century Architectural Style: The property is explicitly described as a 'Classic 1960's Mid Century Gem,' a highly sought-after architectural style known for its unique design and aesthetic appeal.
Extensively Remodeled Interiors: Both the kitchen and bathrooms have been recently remodeled with high-end finishes, including sleek cabinetry, Quartz countertops, Newport Brass fixtures, GE Cafe Appliances, and tile showers, offering modern comfort and style.
Furnished Offering: Being offered furnished makes the property move-in ready and ideal for immediate full-time residency or seasonal enjoyment, appealing to a broad range of buyers seeking convenience.
Private Enclave with Shared Amenities: The home is one of four sharing lush greenspace and a beautiful swimming pool within a private enclave, providing a serene environment and desirable recreational options.
Open Floor Plan & Indoor-Outdoor Flow: The open floor plan, complemented by wall-to-wall sliding glass patio doors, creates a seamless connection to the outdoor pool and landscaped grounds, enhancing the living experience.

Cons

Age of Property Infrastructure: Built in 1962, while cosmetically updated, the underlying infrastructure (e.g., plumbing, electrical, roof) may be original or require significant updates, potentially leading to unforeseen maintenance costs.
High Association Fee: A monthly association fee of $500.0 adds a substantial recurring cost to homeownership, which could be a deterrent for budget-conscious buyers.
Limited Bedroom Count: With only 2 bedrooms, the property may not accommodate larger families or those requiring additional dedicated spaces for guests, a home office, or other needs beyond the small alcove in the second bedroom.

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