766 Flamingo Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Modern 2024 Model Home represents a Prime Investment Opportunity, listed at $757,428—positioned well below the $790,715 Fair Market Value by 4%. This valuation gap provides $33,287 in Instant Equity for a property in Mint Condition. As a designer model in the Miralon masterplan, the residence features an open-concept layout, scenic mountain views, and access to resort-style amenities including a clubhouse and pools. Located within the Palm Springs Unified district, it perfectly balances financial upside with a premium lifestyle. This is an ideal acquisition for Luxury Home-Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 766 Flamingo Way Subject | $757,428* List Price | 3 | 2 | 1,846 | $428 | - |
A 504 W Sunview Avenue Sold | $699,000 | 3 | 2 | 1,620 | $431 | 0.8 mi |
B 4365 Rambler Lane Sold | $760,000 | 3 | 4 | 2,367 | $321 | 0.4 mi |
C 139 Mustang Lane Sold | $805,000 | 3 | 2 | 1,846 | $436 | 0.4 mi |
D 845 Nugget Sold | $929,000 | 3 | 4 | 2,084 | $446 | 0.6 mi |
E 481 W Sunview Sold | $657,000 | 4 | 2 | 1,318 | $498 | 0.8 mi |
F 784 Flamingo Way Active | $838,900 List Price | 3 | 4 | 2,156 | $389 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 construction model home in mint condition. It features a modern open-concept kitchen with high-end stainless steel appliances, designer cabinetry, and quartz countertops. The bathrooms are pristine with contemporary tile work and fixtures. As a new build, all systems (HVAC, electrical, plumbing) are state-of-the-art and require zero maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7427, living area = 1846.
As a 2024 model home, this property features premium designer finishes and a modern, single-level layout that offers immediate move-in readiness with contemporary styling.
The Miralon masterplan community provides exceptional onsite facilities, including a clubhouse, gym, swimming pools, and hiking trails, all within a secure gated environment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7427, other record lot size in square feet = 6098.
The monthly HOA fee of $450 represents a significant recurring expense that may impact the budget of cost-conscious buyers.
Located in the North End of Palm Springs, the property is situated in an area known for higher wind speeds, which can occasionally limit the enjoyment of outdoor spaces.
MODEL HOME! Includes Designer Features! This new single-level home features a modern and low-maintenance layout. Two bedrooms are located off the foyer, leading to an open-concept floorplan that combines the kitchen with the living and dining areas. The luxurious owner’s suite is tucked into a private corner at the back of the home, offering access to an en-suite bathroom and roomy walk-in closet. This modern home is located in the Vitality at the Miralon masterplan community in Palm Springs. The community will feature fantastic onsite resort style amenities, including a swimming pools, clubhouse, gym, hiking trails, gated access and much more. Residents will enjoy convenient access to the best of local shopping, dining, and dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,846 | 1,909.5 | 44% |
| Lot Size | 7,427 | 9,583 | 34% |
| Price | $757.4K | $875.0K | 40% |
| Price per sq ft | $410 | $481 | 33% |
| Built year | 2024 | 1987 | 92% |
| HOA | $450.0 | $0 | 87% |
| Days on market | 3 | 184 | 0% |
Apr 19, 2026
$757,428
Initial Listing
Apr 30, 2024
$300,000
Public Record