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78462 Palm Tree Avenue, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath

78462 Palm Tree Avenue, Palm Desert, California 92211 home-pic-0
ACTIVE$499,000
78462 Palm Tree Avenue, Palm Desert, California 92211
2Beds
2Baths
2,042Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($499,000) is $0 (0%) lower than the list price ($499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Premier 55+ Community & Amenities: Located in Sun City Palm Desert, renowned for its extensive amenities including two championship golf courses, multiple pools, diverse clubs, 24-hour security, and low HOA dues, offering an unparalleled active adult lifestyle.
Top Cons:
Recent Price Reductions: The property has undergone two price reductions from its original list price of $519,000 to $499,000, which may indicate initial overpricing or a longer market time.

Compared to the nearby listings

Price:$499.0K vs avg $540.0K ($-41,000)37%
Size:2,042 sqft vs avg 1,896 sqft59%
Price/sqft:$244 vs avg $30613%

More Insights

Built in 1997 (28 years old).
Condition: This property, built in 1997, is 27 years old, placing it outside the 'Excellent' category. However, it boasts significant recent updates that elevate it beyond 'Fair'. A new HVAC system was installed in 2022, along with a newer hot water tank, new carpet and pads, and a new disposal. These are crucial functional updates that ensure major systems are well-maintained and within their expected lifespan, making the home truly move-in ready with no immediate renovation required for functionality. While the kitchen features original-style light oak cabinets and Corian countertops, and the bathrooms have dated fixtures and glass block, they are clean, functional, and well-maintained. The aesthetic is dated, but the core components and major systems are in good condition or recently replaced, aligning with the 'Good' criteria of being move-in ready with well-maintained systems and some significant updates, even if not a full cosmetic renovation.
Year Built
1997
Close
-
List price
$499K
Original List price
$519K
Price/Sqft
$244
HOA
$398
Days on market
-
Sold On
-
MLS number
219136813DA
Home ConditionGood
Features
Good View:
Patio
View-

About this home

Sun City Palm Desert, 55+ community. This rare Casablanca floorplan has A NEW HVAC SYSTEM IN 2022, a newer hot water tank, new carpet and pads, newer washer and dryer, and new disposal. It has 2 bedrooms, a large den, a small bonus flex room, and 2 full bathrooms. It is Located in the best 55+ community in the Valley, Sun City Palm Desert. With newer exterior paint, and a gated courtyard, the curb appeal is fabulous. The home has high ceilings, a formal dining room, spacious living room and a family room complete with a cozy fireplace. The well designed kitchen is open to the family room, and offers corian countertops, a center island, custom pull out shelving, and a bright, cheery kitchenette, with a view to the northeast facing backyard. The master bedroom is roomy, with a huge picture window looking out to the serene, desert landscaped yard. The bathroom has a walk-in shower, custom walk-in closet, double vanity and a bathtub. The guest bedroom is adjacent to the 2nd full bathroom and is very comfy and inviting. The original laundry room is now a small flex room with many possibilities. The 2 car garage has wall to wall custom built-in storage, and a convenient laundry area. SUN CITY PALM DESERT IS ALL ABOUT LIFESTYLE!! It has many clubs, activities, amenities, 24 hr. security, and low HOA dues. Play at 2 championship 18-hole golf courses and practice facilities, pickle ball, tennis, softball, bocci ball, an 18-hole miniature golf course, an honor library, arts and crafts, a ballroom for special entertainment, and 4 saltwater pools kept at 87 degrees with hot tubs. Enjoy 2 great restaurants, a martini/coffee bar, and even a post office. There is a newly renovated classy indoor/outdoor bar with fire tables to enjoy the awesome views and our beautiful desert weather..

Nearby schools

6/10
Ronald Reagan Elementary School
Public,•K-5•1.2mi
/10
Dwight Eisenhower Elementary School
Public,•K-5•5.6mi
4/10
Desert Ridge Academy
Public,•6-8•1.2mi
5/10
Shadow Hills High School
Public,•9-12•1.5mi
Condition Rating
Good
This property, built in 1997, is 27 years old, placing it outside the 'Excellent' category. However, it boasts significant recent updates that elevate it beyond 'Fair'. A new HVAC system was installed in 2022, along with a newer hot water tank, new carpet and pads, and a new disposal. These are crucial functional updates that ensure major systems are well-maintained and within their expected lifespan, making the home truly move-in ready with no immediate renovation required for functionality. While the kitchen features original-style light oak cabinets and Corian countertops, and the bathrooms have dated fixtures and glass block, they are clean, functional, and well-maintained. The aesthetic is dated, but the core components and major systems are in good condition or recently replaced, aligning with the 'Good' criteria of being move-in ready with well-maintained systems and some significant updates, even if not a full cosmetic renovation.
Pros & Cons

Pros

Premier 55+ Community & Amenities: Located in Sun City Palm Desert, renowned for its extensive amenities including two championship golf courses, multiple pools, diverse clubs, 24-hour security, and low HOA dues, offering an unparalleled active adult lifestyle.
Extensive Recent Upgrades: Features a new HVAC system (2022), newer hot water tank, new carpet and pads, newer washer/dryer, new disposal, and newer exterior paint, significantly reducing immediate maintenance costs for the buyer.
Desirable Floorplan & Versatile Spaces: The rare Casablanca floorplan offers high ceilings, formal dining, spacious living and family rooms with a fireplace, a large den, and an additional bonus flex room, providing ample and flexible living areas.
Excellent Curb Appeal & Gated Entry: Boasts 'fabulous' curb appeal enhanced by newer exterior paint and a private gated courtyard, offering an inviting entrance and added security.
Functional & Updated Kitchen: A well-designed kitchen open to the family room, featuring Corian countertops, a center island, custom pull-out shelving, and a bright kitchenette with a view to the northeast-facing backyard.

Cons

Recent Price Reductions: The property has undergone two price reductions from its original list price of $519,000 to $499,000, which may indicate initial overpricing or a longer market time.
Garage Laundry Location: The original indoor laundry room has been converted into a flex room, relocating the primary laundry area to the 2-car garage, which some buyers might find less convenient.
Original Construction Year: Built in 1997, while well-maintained and updated, the core structure and some elements are over two decades old, which might not appeal to buyers seeking brand-new construction or the latest design trends.

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