888 E El Conquistador, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

888 E El Conquistador, Palm Springs, California 92262 home-pic-0
ACTIVE$1,250,000
888 E El Conquistador, Palm Springs, California 92262
3Beds
2Baths
1,462Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($1,145,211.475) is $104,788.525 (8%) lower than the list price ($1,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turnkey & Fully Furnished Investment: The property is fully furnished and equipped, offering a true turnkey opportunity for investors or second-home seekers, with everything seen included in the sale.
Top Cons:
Overpriced Relative to Market Estimation: The listing price is 8% above the property's estimated value, which could present a challenge for buyers seeking market-aligned pricing or for financing.

Compared to the nearby listings

Price:$1.25M vs avg $925.0K (+$325,000)69%
Size:1,462 sqft vs avg 2,096 sqft21%
Price/sqft:$855 vs avg $49192%

More Insights

Built in 1977 (48 years old).
Condition: Despite being built in 1977, this property has undergone a comprehensive and recent 'fully renovated' and 'completely remodeled' transformation. The listing explicitly mentions 'brand new' major systems including HVAC, roof, pool, spa, fire pit, reverse osmosis water filtration, and dual-paned windows and doors, indicating extensive renovation likely within the last 5 years. The kitchen, as seen in images, features stylish waterfall terrazzo countertops, modern flat-panel white cabinetry, new stainless steel appliances, and contemporary fixtures, all in excellent condition. The flooring throughout is consistent, light-colored tile, and light fixtures are modern. The inclusion of fully owned solar with Tesla Powerwalls and an EV charger further underscores recent, high-quality upgrades. While specific bathroom images are not provided, the overall description of a 'fully renovated' and 'turnkey' home suggests they are also updated to a similar excellent standard. The property meets current quality standards with no deferred maintenance.
Year Built
1977
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$855
HOA
-
Days on market
-
Sold On
-
MLS number
25572755PS
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Fully renovated, turnkey vacation home in prime Palm Springs location! Welcome to 888 E El Conquistador, your fully furnished desert retreat just minutes from the heart of downtown Palm Springs! This stunning 3-bedroom, 2-bath home has been completely updated and is being sold fully equipped. Everything you see stays, making it a true turnkey opportunity for investors or second-home seekers. Already backed by a strong property management team that will help you navigate the rental process for seamless operation, offering a hassle-free investment opportunity. Currently a top-performing short-term vacation rental, this completely remodeled property boasts a brand new pool, spa, fire pit, HVAC system, roof, reverse osmosis water filtration system, and dual-paned windows and doors, offering peace of mind and modern comfort. Inside, the open-concept layout flows effortlessly from a stylish kitchen with waterfall terrazzo countertops, to spacious living areas designed for entertaining or relaxing in style in front of the new, gas fireplace. Step outside to your private backyard paradise featuring a sparkling pool and spa, ample seating around the fire pit or outdoor living room, and breathtaking mountain views, ideal for soaking up the sun or enjoying evenings under the stars. This move-in-ready gem with fully owned solar (including battery storage with two Tesla Power walls, and a Telsa EV charger as well!) checks all the boxes. Ideal for both homeowners and investors. Act quickly to take advantage of peak rental season demand. Don't miss this opportunity!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-80.2mi
6/10
Palm Springs High School
Public,9-122.3mi
4/10
Desert Learning Academy
Public,K-122.4mi
Condition Rating
Excellent

Despite being built in 1977, this property has undergone a comprehensive and recent 'fully renovated' and 'completely remodeled' transformation. The listing explicitly mentions 'brand new' major systems including HVAC, roof, pool, spa, fire pit, reverse osmosis water filtration, and dual-paned windows and doors, indicating extensive renovation likely within the last 5 years. The kitchen, as seen in images, features stylish waterfall terrazzo countertops, modern flat-panel white cabinetry, new stainless steel appliances, and contemporary fixtures, all in excellent condition. The flooring throughout is consistent, light-colored tile, and light fixtures are modern. The inclusion of fully owned solar with Tesla Powerwalls and an EV charger further underscores recent, high-quality upgrades. While specific bathroom images are not provided, the overall description of a 'fully renovated' and 'turnkey' home suggests they are also updated to a similar excellent standard. The property meets current quality standards with no deferred maintenance.
Pros & Cons

Pros

Turnkey & Fully Furnished Investment: The property is fully furnished and equipped, offering a true turnkey opportunity for investors or second-home seekers, with everything seen included in the sale.
Extensive Modern Renovations & Upgrades: Boasts comprehensive remodeling including a brand new pool, spa, fire pit, HVAC system, roof, reverse osmosis water filtration, and dual-paned windows and doors, ensuring modern comfort and reduced maintenance.
Proven Short-Term Rental Performance & Management: Currently a top-performing short-term vacation rental, supported by a strong property management team, offering a hassle-free and potentially lucrative investment opportunity.
Energy Efficiency & Modern Technology: Equipped with fully owned solar, two Tesla Powerwalls for battery storage, and a Tesla EV charger, significantly enhancing energy efficiency and appealing to tech-savvy buyers.
Prime Location & Outdoor Amenities with Views: Situated in a prime Palm Springs location, minutes from downtown, featuring a private backyard paradise with a sparkling pool, spa, fire pit, and breathtaking mountain views.

Cons

Overpriced Relative to Market Estimation: The listing price is 8% above the property's estimated value, which could present a challenge for buyers seeking market-aligned pricing or for financing.
Older Original Construction: Despite extensive renovations, the home was originally built in 1977, which might lead some buyers to prefer newer construction or raise concerns about underlying older systems not explicitly mentioned as replaced.
Modest Interior Square Footage: With 1462 square feet, the interior living space, while efficiently designed, might be considered modest for a property at this price point, potentially limiting appeal for buyers desiring more expansive rooms.

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