841 Fountain Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath
841 Fountain Drive
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 841 Fountain Drive, Palm Springs, California 92262 reveals a Fairly Priced Property with a current list price of $990,000 aligned with the estimated $1,008,689 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 841 Fountain Drive Subject | $990,000* List Price | 3 | 4 | 2,084 | $484 | - |
A 743 Fountain Drive Sold | $905,000 | 3 | 4 | 1,894 | $478 | 0.1 mi |
B 885 Fountain Drive Sold | $949,000 | 3 | 4 | 2,210 | $429 | 0.0 mi |
C 190 W San Marco Way Sold | $819,900 | 3 | 2 | 1,912 | $429 | 0.6 mi |
D 400 Fountain Drive Sold | $1,100,000 | 3 | 4 | 1,894 | $581 | 0.2 mi |
E 3238 Ambassador Drive Lot 196 Sold | $1,069,779 | 3 | 4 | 2,433 | $440 | 0.0 mi |
F 781 Fountain Drive Sold | $872,000 | 3 | 4 | 1,894 | $460 | 0.0 mi |
G 845 Nugget Pending | $949,000 List Price | 3 | 4 | 2,084 | $455 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2021/2022, making it a newly constructed home. The description highlights it as 'turnkey' and 'move-in ready,' with a modern open floor plan, high ceilings, and clerestory windows. The images confirm a pristine condition throughout, featuring new, high-quality finishes. The kitchen boasts an oversized waterfall-edge island, modern light wood cabinetry, stainless steel appliances, and contemporary fixtures. Bathrooms are luxurious with floating vanities, solid surface countertops, large walk-in glass showers with rain shower heads, and modern gold-tone hardware. The flooring is consistent, large-format marble-look tile, and all systems, including leased solar and EV charging, are new. There is no visible wear and tear or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a newly built property with current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Community Amenities
Located within the guard-gated Miralon Palm Springs, offering a resort-style 'agri-hood' community with extensive amenities including pools, spa, fitness, trails, and convenient access to Uptown/downtown Palm Springs and the airport.
- Modern, Turnkey & New Construction
A single-story home built in 2021/2022, fully furnished and move-in ready, featuring a modern open floor plan with high ceilings, clerestory windows, and a contemporary kitchen with a waterfall-edge island.
- Exceptional Outdoor Living & Views
Boasts a private, south-facing backyard with a pool, putting green, low-maintenance landscaping, and stunning, unobstructed San Jacinto Mountain views with no visible power lines.
CONSRISKS & DEFICIENCIES
- Leased Solar Obligation
The solar system is leased, requiring the buyer to assume existing contractual obligations and ongoing payments, rather than outright ownership.
- Significant HOA Fees
A monthly association fee of $530.0 represents a substantial recurring cost that must be factored into the property's overall carrying expenses.
- Short-Term Rental Minimum
While short-term rentals are allowed, the 7-day minimum stay requirement may limit flexibility and appeal to a broader range of potential renters compared to properties allowing shorter stays.
About 841 Fountain Drive
Welcome to MIRALON PALM SPRINGS! This guard-gated, single-story modern home offers a private pool, premium south-facing orientation, and stunning, unobstructed San Jacinto Mountain views on land you own. Designed for seamless indoor-outdoor living, this turnkey property at 841 Fountain Dr is fully furnished and move-in ready. Built in 2022, this modern home features 3 bedrooms, 3.5 baths, approx. 2,084 sq ft on a 6,970 sq ft lot. The open floor plan is bathed in natural light from clerestory windows and high ceilings. Enjoy mountain views from both inside and out. Highlights: Single-story living in a guard-gated, resort-style community; Private pool home with a south and west-facing yard; Outdoor entertaining area with a putting green, low-maintenance artificial turf, and desert landscaping; Leased solar with EV charging (helps reduce utility costs). Attached 2-car garage and dedicated laundry room. Every bedroom is ensuite, including a spacious primary suite with a double vanity and luxurious bath. The modern kitchen features an oversized, waterfall-edge island, a gas range, and clean finishes that flow seamlessly to the outdoor spaces. The oversized south-facing backyard is built for entertaining with a private pool and is perfectly oriented to capture the sun and dramatic mountain backdrop with no visible power lines. Short-term rentals are allowed (7-day minimum) per HOA/City rules, offering potential extra income. The community is designed around a modern eco-inspired master plan and "agri-hood" lifestyle (integrating green spaces/orchards). Enjoy morning walks and sunset strolls along community trails, olive groves, lakeside parks, and beautifully landscaped grounds. The clubhouse functions as a private wellness retreat with resort-style pools, a spa, cabanas, fitness/yoga facilities, and social spaces, including a cafe-style Wi-Fi hub and bar. Conveniently located near the amenities of Uptown, downtown Palm Springs, and Palm Springs International Airport (PSP). Value Notes: You own the land: Offering long-term control and value without land lease payments; Solar is a lease: Buyer to assume and verify terms for potential monthly utility savings. This is a rare combination of single-story living, a private pool, unobstructed views, and the full Palm Springs lifestyle. Ask the listing agent for the full features list and showing details.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $530.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 70% |
| Square foot | 2,084 | 1,964 | 53% |
| Lot Size | 6,970 | 9,583 | 30% |
| Price | $990.0K | $900.0K | 60% |
| Price per sq ft | $475 | $477 | 49% |
| Built year | 2021 | 1989 | 84% |
| HOA | $530.0 | $0 | 95% |
| Days on market | 58 | 180 | 5% |
Pricing History
Listed for Sale
Jan 9, 2026
$990,000
Initial Listing
Sold
Jun 10, 2022
$912,500
Public Record
Sold
Jun 8, 2021
$1,551,000
Public Record