845 Nugget, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath

845 Nugget, Palm Springs, California 92262 home-pic-0
ACTIVE$949,000$2,084/sqft
Est. Value: $987,786
4%
BelowEstimate
845 Nugget, Palm Springs, California 92262
3Beds
4Baths
2,084Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($987,785.545) is $38,785.545 (4%) higher than the list price ($949,000). This property may be underpriced.

Key pros and cons

Top Pros:
Exceptional Community & Lifestyle: Located in the guard-gated Miralon community on a desirable, quiet street, offering a luxury Palm Springs lifestyle with extensive amenities including two pools, spa, gym, yoga studio, Mirabar, U-Pick garden, dog parks, and miles of walking trails.
Top Cons:
High Monthly HOA Dues: The $530.0 monthly association fee is a significant recurring expense that adds to the overall cost of homeownership.

Compared to the nearby listings

Price:$949.0K vs avg $900.0K (+$49,000)54%
Size:2,084 sqft vs avg 2,023 sqft52%
Price/sqft:$455 vs avg $47941%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it virtually new. The description highlights 'highly upgraded' features throughout, including a gourmet kitchen with Bertazzoni appliances, designer cabinets, and a wine refrigerator, as well as upgraded bathrooms with modern tile and cabinets. Images confirm a pristine, contemporary aesthetic with high-quality finishes, modern light fixtures, tile and carpet flooring in excellent condition, and energy-efficient additions like solar panels and a power wall. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance.
Year Built
2022
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$455
HOA
$530
Days on market
-
Sold On
-
MLS number
SB26010793
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Live the luxury Palm Springs lifestyle at MIRALON in this like-new, highly upgraded desert modern home with JAW DROPPING MOUNTAIN VIEWS and an OVERSIZED BACKYARD that is move-in ready on LAND YOU OWN. 845 Nugget Lane is perfectly situated on one of the most desirable and quiet streets in this guard-gated community. It is in the fully built out southeast section which is well away from the new construction sites and busy roads and highway. This move in ready home is perfect for owner occupants or as a vacation home that can make money for you when you aren’t in residence because MIRALON ALLOWS SHORT TERM RENTALS and is located in one of the few neighborhoods where you can still get a Palm Springs STR permit. As a highly desirable Aura Plan 2 with an OVERSIZED GREAT ROOM that is FLOODED WITH NATURAL LIGHT because of the south and west exposure, this home also has the highly desirable VAULTED CEILINGS that are unique in the community and not available in all Plan 2s. And beyond that, you have ALL THE UPGRADES you could possibly want. The gourmet chef’s kitchen features Bertazzoni appliances, upgraded DESIGNER CABINETS, counters and backsplash, a wine refrigerator and the signature huge center island. The upgraded cabinets are also found in all the bathrooms as well as upgraded tile on the bathroom floors and walls. The primary suite - which is located to the rear of the home away from the street, has extensive luxury built-ins in the closet. The primary also features the upgraded sliding doors out to the courtyard where the pool is located. All 3 bedrooms have en-suite bathrooms and there is also a powder room located off the great room. The low maintenance backyard has turf and GORGEOUS VIEWS OF MT SAN JACINTO. There’s extra solar panels on the roof and a power wall back up on the exterior of the house. As a member of the HOA you have access to The Miralon Club which features two large pools and a spa, a well equipped gym with gorgeous views for working out plus a separate Yoga/Pilates studio. For socializing there is the Mirabar which is open two nights a week during the season the HUB featuring a barista on Saturdays. The community is very PET FRIENDLY with two dog parks. For the foodies there’s a U-Pick garden maintained by the HOA and with 7,000 Olive trees and MILES OF WALKING TRAILS in a stunning setting, you can’t beat Miralon which has been featured during Modernism Week. Put 845 Nugget Ln on your list to see because you will want to live here!

E
Ellis Posner
Listing Agent

Price History

Date
Event
Price
12/20/22
Sold
$910,000
10/19/22
Sold
$895,000
11/16/21
Sold
$1,128,000
Condition Rating
Excellent

This property was built in 2022, making it virtually new. The description highlights 'highly upgraded' features throughout, including a gourmet kitchen with Bertazzoni appliances, designer cabinets, and a wine refrigerator, as well as upgraded bathrooms with modern tile and cabinets. Images confirm a pristine, contemporary aesthetic with high-quality finishes, modern light fixtures, tile and carpet flooring in excellent condition, and energy-efficient additions like solar panels and a power wall. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Exceptional Community & Lifestyle: Located in the guard-gated Miralon community on a desirable, quiet street, offering a luxury Palm Springs lifestyle with extensive amenities including two pools, spa, gym, yoga studio, Mirabar, U-Pick garden, dog parks, and miles of walking trails.
Strong Investment Potential: The property allows short-term rentals with available Palm Springs STR permits, presenting a significant income-generating opportunity, coupled with the advantage of owning the land.
Stunning Mountain Views: Boasts 'jaw-dropping mountain views' and 'gorgeous views of Mt San Jacinto' from the backyard, enhancing the property's aesthetic appeal and desirability.
Modern, Highly Upgraded & Move-in Ready: A like-new (2022) desert modern home with 'all the upgrades you could possibly want,' featuring a gourmet kitchen with Bertazzoni appliances, designer cabinets, vaulted ceilings, an oversized great room, luxury built-ins, and en-suite bathrooms for all bedrooms.
Energy Efficiency & Smart Home Features: Equipped with extra solar panels on the roof and a power wall backup system, contributing to lower utility costs and enhanced energy independence.

Cons

High Monthly HOA Dues: The $530.0 monthly association fee is a significant recurring expense that adds to the overall cost of homeownership.
Limited Private Yard Space for Lot Size: Despite being described as an 'oversized backyard,' the 5,663 sqft lot, accommodating a 2,084 sqft home and a pool, suggests the actual usable private yard space might be more compact and primarily turf, which may not appeal to all buyers seeking extensive private outdoor living or gardening opportunities.
Potential for Community Noise/Crowds: While the home is on a quiet street, the extensive community amenities like two large pools and the Mirabar (open two nights a week) could introduce potential for noise or crowds within the community, especially during peak seasons, which might detract from the sense of private tranquility for some residents.
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