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76665 Chrysanthemum Way, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 2 bath

76665 Chrysanthemum Way, Palm Desert, California 92211 home-pic-0
ACTIVE$735,000
76665 Chrysanthemum Way, Palm Desert, California 92211
3Beds
2Baths
2,177Sqft
3,049Lot
Year Built
1984
Close
-
List price
$735K
Original List price
$789K
Price/Sqft
$338
HOA
$775
Days on market
-
Sold On
-
MLS number
219127171DA
Home ConditionFair
Features
Excellent View: Golf Course, Hills, Mountain(s)
Patio
ViewGolf Course,Hills,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $735.0K(85th), sqft - 2177(85th), beds - 3(70th), baths - 2(50th).

This exceptional Palm Valley property ALLOWS for short-term rentals! Welcome to 76665 Chrysanthemum Way in Palm Valley Country Club, this exquisite oasis has breathtaking panoramic views located in the heart of Palm Desert. This beautiful 3 bedroom 2 bathroom home spans 2,177 square feet and offers a blend of luxury and leisure. Step inside this popular Sycamore model corner unit and discover a thoughtful interior design including vaulted ceilings, skylights, fireplace and wet bar. Because it is a corner unit the views are spectacular and the expansive back patio is a perfect place for entertaining or cooking on the outdoor grill island. The primary bedroom is a large spacious area with ample built in closet cabinets. The primary bathroom has double sinks, a walk in shower and lots of cabinet storage space. The third bedroom has the versatility to be used for guests or as a home office. This unit has tile throughout and attached two car garage. The community boasts two Ted Robinson golf courses,16 tennis courts, pickle ball courts, 46 pools, fitness center, clubhouse, and 24 hour gate guard security. The HOA covers cable, internet, trash and roof maintenance. Experience the perfect blend of luxury and lifestyle by making this property yours to enjoy.

Nearby schools

6/10
Ronald Reagan Elementary School
Public,•K-5•0.9mi
8/10
James Earl Carter Elementary School
Public,•K-5•2.6mi
5/10
Colonel Mitchell Paige Middle School
Public,•6-8•2.6mi
7/10
Palm Desert High School
Public,•9-12•2.5mi
Condition Rating
Fair
The property, built in 1984, is 40 years old. While well-maintained with tile flooring throughout and vaulted ceilings, the kitchen features traditional wood cabinets, speckled granite countertops, and black appliances, which appear to be from a renovation 15-25 years ago and are now considered outdated. The bathrooms have slightly more updated white shaker vanities and functional tiled showers, but the overall aesthetic of the home, including the fireplace and window shutters, suggests a property that is aged but maintained, requiring minor updates to meet current styles and preferences.
Pros & Cons

Pros

Short-Term Rental Eligibility: The property explicitly allows for short-term rentals, offering significant income potential and flexibility for owners.
Exceptional Community Amenities: Located within Palm Valley Country Club, residents have access to two golf courses, 16 tennis courts, pickleball courts, 46 pools, a fitness center, clubhouse, and 24-hour gate guard security.
Breathtaking Panoramic Views: As a corner unit, the property boasts spectacular and breathtaking panoramic views of the golf course, hills, and mountains.
Comprehensive HOA Coverage: The HOA fees cover cable, internet, trash, and roof maintenance, reducing the owner's direct expenses and simplifying property management.
Desirable Interior Features & Outdoor Space: The home features vaulted ceilings, skylights, a fireplace, wet bar, tile throughout, an attached two-car garage, and an expansive back patio with an outdoor grill island, ideal for entertaining.

Cons

Property Age: Built in 1984, the property is 40 years old. While interior design is mentioned, the description does not specify recent major system or aesthetic renovations, which could imply potential for future updates or maintenance.
High Monthly HOA Fees: The substantial monthly association fee of $775.0, despite its inclusions, represents a significant ongoing cost that could impact affordability and attract a specific buyer demographic.
Price Reduction: The property has seen a reduction from its original list price of $789,000 to $735,000, which may suggest an initial overpricing or a longer time on market, potentially indicating a need for further market adjustments.

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