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980 N Buttonwillow Circle, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath

980 N Buttonwillow Circle, Palm Springs, California 92262 home-pic-0
ACTIVE$1,349,000
980 N Buttonwillow Circle, Palm Springs, California 92262
4Beds
2Baths
1,876Sqft
11,761Lot

Price Vs. Estimate

The estimated value ($1,349,000) is $0 (0%) lower than the list price ($1,349,000). This property may be overpriced.

Key pros and cons

Top Pros:
Short-Term Rental (STR) Potential: The property is fully furnished, has a proven track record as a successful short-term rental, and offers immediate income opportunity, making it a turnkey investment.
Top Cons:
Property Age: Built in 1965, the property's age may suggest potential for older systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance not explicitly detailed.

Compared to the nearby listings

Price:$1.35M vs avg $925.0K (+$424,000)76%
Size:1,876 sqft vs avg 2,096 sqft40%
Price/sqft:$719 vs avg $49184%

More Insights

Built in 1965 (60 years old).
Condition: Despite being built in 1965, this property has undergone an extensive, high-quality renovation, aligning with the 'Excellent' criteria for properties extensively renovated within 5 years. The kitchen features modern white shaker cabinets, white countertops, a stylish hexagonal tile backsplash, and high-end stainless steel appliances including a range with a hood and a built-in microwave. The bathrooms are equally updated with contemporary vanities, fixtures (gold-tone), and clean tiling. Throughout the home, there is consistent dark wood-look flooring, modern recessed lighting, and updated cooling/heating systems (mini-splits visible). The overall aesthetic is cohesive 'desert modernism,' presenting as virtually new and move-in ready with no deferred maintenance.
Year Built
1965
Close
-
List price
$1.35M
Original List price
$1.39M
Price/Sqft
$719
HOA
-
Days on market
-
Sold On
-
MLS number
25561979
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

$$Price Reduction$$ ***RATE BUYDOWN*** - SELLER MAY BE WILLING TO PARTICIPATE IN 2 YEAR RATE BUY DOWN - 2% YEAR 1, 1% YEAR 2 - HUGE SAVINGS OFF MONTHLY PAYMENT FOR 2 YEARS - Desert Modernism. FULLY FURNISHED Home, vacation oasis or successful SHORT TERM RENTAL investment property. Located in the highly sought after Oasis del Sol neighborhood in Central Palm Springs minutes from downtown. The four bedrooms offer comfortable living spaces, with the primary bedroom providing a serene retreat. The two bathrooms are well-appointed and designed for functionality. A bonus living room with Murphy Bed provides an option for a 5th sleeping area. The gourmet kitchen is equipped with high-end appliances, ideal for those who enjoy cooking. The indoor and outdoor living spaces seamlessly blend, creating a harmonious flow. The backyard provides an entertainer's paradise with a sparkling in-ground pool and soothing spa. The large, private lot size allows for a spacious and versatile living experience. This home has been successfully operated as a short-term rental, catering to a variety of guests seeking a comfortable and convenient stay. The home is being delivered fully furnished, for an immediate short term rental income opportunity. Showcasing a desert modernism aesthetic with casual elegance throughout, this home provides a convenient and move-in ready experience for the next owner. The flexible floor plan and versatile spaces make this property ideal for a variety of lifestyles and needs. The home is situated just five minutes from downtown, allowing for easy access to the vibrant local community. The San Jacinto Mountain views from the property provide a stunning natural backdrop, enhancing the overall appeal of the residence.

Condition Rating
Excellent
Despite being built in 1965, this property has undergone an extensive, high-quality renovation, aligning with the 'Excellent' criteria for properties extensively renovated within 5 years. The kitchen features modern white shaker cabinets, white countertops, a stylish hexagonal tile backsplash, and high-end stainless steel appliances including a range with a hood and a built-in microwave. The bathrooms are equally updated with contemporary vanities, fixtures (gold-tone), and clean tiling. Throughout the home, there is consistent dark wood-look flooring, modern recessed lighting, and updated cooling/heating systems (mini-splits visible). The overall aesthetic is cohesive 'desert modernism,' presenting as virtually new and move-in ready with no deferred maintenance.
Pros & Cons

Pros

Short-Term Rental (STR) Potential: The property is fully furnished, has a proven track record as a successful short-term rental, and offers immediate income opportunity, making it a turnkey investment.
Financial Incentive: The seller is offering a significant 2-year rate buy-down, providing substantial savings on monthly payments for the buyer.
Prime Location & Views: Located in the highly sought-after Oasis del Sol neighborhood in Central Palm Springs, minutes from downtown, and boasts stunning San Jacinto Mountain views.
Resort-Style Outdoor Living: Features an entertainer's paradise backyard with a sparkling in-ground pool, soothing spa, and a large, private lot for spacious outdoor living.
Architectural Style & Features: Showcases a desirable Desert Modernism aesthetic, includes a gourmet kitchen with high-end appliances, and a flexible floor plan with a bonus sleeping area.

Cons

Property Age: Built in 1965, the property's age may suggest potential for older systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance not explicitly detailed.
Bathroom Count: With only two bathrooms for four bedrooms and a potential fifth sleeping area, the bathroom-to-occupant ratio might be a limitation for larger groups, especially for a high-occupancy short-term rental.
Ongoing Maintenance Costs: The presence of a pool and spa, while an amenity, implies significant ongoing maintenance and utility costs that a buyer should factor into their budget.

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