850 Ventana, Palm Springs, California 92262, Palm Springs, 92262 - 5 bed, 3 bath
850 Ventana
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 850 Ventana, Palm Springs, California 92262 reveals a property with a current list price of $899,000, which is 7% above the estimated $838,218 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 850 Ventana Subject | $899,000* List Price | 5 | 3 | 3,015 | $278 | - |
A 955 Alta Cresta Sold | $659,000 | 3 | 2 | 2,229 | $296 | 0.8 mi |
B 1247 Oro Sold | $835,000 | 4 | 4 | 2,422 | $345 | 0.0 mi |
C 3764 Vista Dunes Sold | $675,000 | 3 | 2 | 2,229 | $303 | 0.6 mi |
D 1233 Oro Active | $849,000 List Price | 4 | 4 | 2,422 | $351 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2004, this property is move-in ready and appears well-maintained. The kitchen is equipped with modern stainless steel appliances and a center island, while the primary suite features a spa-like bathroom with a separate tub and shower. Although the home is 21 years old, the description and features like the gazebo with recessed lighting and fans suggest it has been kept in a condition that does not require immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious and Versatile Layout
With over 3,000 square feet of living space and five bedrooms, this property offers a rare scale for the area, making it ideal for large families or high-capacity vacation rental opportunities.
- Resort-Style Community Amenities
Situated in the sought-after Mountain Gate community, residents benefit from three pools, tennis courts, and parks, providing a luxury lifestyle with a relatively low monthly HOA fee.
- Enhanced Utility and Outdoor Living
The nearly 11,000 square-foot lot includes a gazebo with recessed lighting and fans, a grassy yard, and the significant added value of dedicated RV parking.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Lack of Private Pool
While the community offers pools, the absence of a private backyard pool may be a drawback for buyers seeking the exclusive, private outdoor experience typical of Palm Springs luxury homes.
- Moderate School Ratings
The assigned public schools carry average ratings (4-6), which may be a consideration for families prioritizing top-tier educational performance in their home search.
About 850 Ventana
Mountain Gate is a highly sought-after Palm Springs community. This property offers over 3,000 square-feet of living space on an almost 11,000 square-foot lot, and is currently furnished as 5-bedrooms. There are numerous areas to gather, including two dining areas, family room, and an open kitchen. Each room flows seamlessly into the other. The primary suite has its own access to the backyard via sliding doors, and a spa-like bathroom with dual sink vanities, separate tub and shower, and walk-in closet. The kitchen has a center island with breakfast bar, stainless steel appliances, and a walk-in pantry. The laundry room comes with a side-by-side washer and dryer, sink, and cabinets. Entertaining is a breeze with a grassy backyard and a gazebo with recessed lights and fans for comfort. Additional features include an attached garage and RV parking. Mountain Gate is known for its resort-style amenities including three community pools and spas, two tennis courts, parks, and playgrounds.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $170.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 1.2 mi
Katherine Finchy Elementary School
Grades K-5 • 2.2 mi
Raymond Cree Middle School
Grades 6-8 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,015 | 1,964 | 92% |
| Lot Size | 10,890 | 9,583 | 71% |
| Price | $899.0K | $899.0K | 50% |
| Price per sq ft | $298 | $477 | 12% |
| Built year | 2004 | 1989 | 62% |
| HOA | $170.0 | $0 | 70% |
| Days on market | 10 | 179 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$899,000
Initial Listing
Sold
Apr 12, 2004
$392,500
Public Record