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827 Alta Ridge, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 3 bath

827 Alta Ridge, Palm Springs, California 92262 home-pic-0
ACTIVE$879,000
827 Alta Ridge, Palm Springs, California 92262
4Beds
3Baths
2,517Sqft
8,276Lot
Year Built
2004
Close
-
List price
$879K
Original List price
$879K
Price/Sqft
$349
HOA
$160
Days on market
-
Sold On
-
MLS number
25489861
Home ConditionGood
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,5 Pros. Rank: price - $879.0K(46th), sqft - 2517(69th), beds - 4(64th), baths - 3(50th).

Stunning Mountain Views! Mountain Gate is the best value in Palm Springs. Enjoy a big house on a large lot with very low HOA ($160 a month). This turnkey property has great possibilities as a primary residence, vacation home, or long term vacation rental (over 30 days), or a 1031 Exchange opportunity in a top location inside the Mountain Gate community, a resort style gated community nestled in the mountains minutes to downtown Palm Springs. This large beautifully renovated upgraded single level 4 bedroom 3 bath home (2517 square feet) has everything you need including: a very low maintenance Backyard, Salt Water Pool & Hot Tub, attached Guest Casita with a separate entry, 3 Car Garage, and huge side yard for your Recreational Vehicle complete with RV hookups for electric and septic. Solar Panels on roof. Newer Air Conditioner. Enjoy the Very Low Maintenance backyard with high quality cement patio throughout the backyard and side yard. This impressive property sits on a large lot (8276 square feet) surrounded by by spectacular unobstructed mountain views. This home is the Bella Model, an award winner, and the most popular floor plan in Mountain Gate! Relax and enjoy the great architectural flow with a large and comfortable Great Room, Fireplace, and Gourmet Kitchen. Charming rustic tile flooring in the living area and flooring in bedrooms. The impressive huge primary suite has a large bathroom with a separate New Soaking Tub and upgraded Glass Shower Stall, dual sinks, sleek counter tops and a huge walk in closet. Plantation Shutters throughout for your privacy. Washer and Dryer are inside in the separate laundry room. Mountain Gate is professionally managed resort style community. The HOA dues are currently only $160 a month! There are 3 Community Pools and 3 community Hot Tubs, 2 Tennis Courts, a Basketball Court, lots of Greenbelt areas for hiking, dog walking and biking, children's playground and covered BBQ picnic area. Enjoy the friendly well organized Mountain Gate Community Neighborhood Organization which hosts regular social events. Conveniently located near the airport, high quality hospitals, restaurants, shopping, dining and schools. The Mountain Gate Homeowners Association permits long term 30 day plus rentals so you can rent out your new home for extra income.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•1.2mi
7/10
Katherine Finchy Elementary School
Public,•K-5•2.2mi
4/10
Raymond Cree Middle School
Public,•6-8•1.9mi
6/10
Palm Springs High School
Public,•9-12•3.9mi
4/10
Desert Learning Academy
Public,•K-12•4.0mi
Condition Rating
Good
Built in 2004, this property falls within the 10-20 year age range for a 'Good' rating. The listing explicitly states it's a 'beautifully renovated upgraded' home with a 'newer Air Conditioner' and 'Solar Panels,' indicating well-maintained and updated systems. The primary bathroom features a 'New Soaking Tub and upgraded Glass Shower Stall' and 'sleek counter tops,' which is supported by the images showing updated vanities and tiled showers. While the 'charming rustic tile flooring' in the living area and some bathroom styles might not be ultra-modern, they appear well-maintained and functional. The description of a 'Gourmet Kitchen' suggests it is also in good condition, making the property move-in ready with no immediate renovations required.
Pros & Cons

Pros

Exceptional Mountain Views: The property boasts stunning unobstructed mountain views from a large lot, a highly desirable feature in Palm Springs.
Comprehensive Amenities: Features a private saltwater pool and hot tub, RV parking with hookups, and an attached guest casita, complemented by extensive resort-style community amenities including 3 pools, 3 hot tubs, tennis courts, basketball court, greenbelts, and a playground.
Low HOA & Investment Potential: A very low HOA fee of $160/month for a gated community with numerous amenities, combined with the allowance for 30+ day rentals, offers significant value and income opportunity.
Turnkey & Upgraded Condition: Described as a 'turnkey property' that is 'beautifully renovated upgraded,' including a newer air conditioner and solar panels, suggesting minimal immediate maintenance for a new owner.
Spacious & Desirable Floor Plan: A large 4-bedroom, 3-bathroom single-level home (2517 sqft) on a generous 8276 sqft lot, featuring the 'award winner' and 'most popular Bella Model' floor plan with a great room, gourmet kitchen, and luxurious primary suite.

Cons

Significant Overpricing: The property is listed at $879,000, which is 24% above its estimated value of $662,382, potentially making it less competitive in the current market.
Age-Related Style & Potential Updates: Built in 2004, while renovated, some elements like 'charming rustic tile flooring' might not appeal to all modern buyers and could suggest other systems or aesthetics may eventually require updating.
Rental Restrictions: The HOA permits only 'long term 30 day plus rentals,' which restricts access to the potentially more lucrative short-term (e.g., nightly/weekly) vacation rental market popular in Palm Springs.

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