111 Canyon Rock Road, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath
ACTIVE$749,000
111 Canyon Rock Road, Palm Springs, California 92264
4Beds
3Baths
2,096Sqft
6,970Lot
Price Vs. Estimate
The estimated value ($749,000) is $0 (0%) lower than the list price ($749,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income Potential / Flexible Living: The property's duplex configuration, featuring a 3-bedroom/2-bath main unit and an attached 1-bedroom/1-bath apartment, offers excellent flexibility for rental income or multi-generational living arrangements.
Top Cons:
Prior Failed Transaction: The property being back on the market due to a buyer's inability to perform raises concerns and may suggest underlying issues that warrant further investigation by prospective buyers.
Compared to the nearby listings
Price:$749.0K vs avg $1.28M ($-529,500)15%
Size:2,096 sqft vs avg 2,172.5 sqft46%
Price/sqft:$357 vs avg $5917%
More Insights
Built in 1951 (74 years old).
Condition: Despite being built in 1951, the property has undergone significant and recent updates to its most critical areas. Both the main unit and apartment kitchens feature modern white shaker cabinets, stainless steel appliances, subway tile backsplashes, and recessed lighting, indicating a renovation within the last 5-15 years. Bathrooms are similarly updated with contemporary vanities, fixtures, and tiled showers/tubs. The pool has also been resurfaced. While some elements like the living room's popcorn ceiling, specific built-in, and bedroom closet doors show the property's age, the extensive modernization of kitchens and bathrooms, combined with overall cleanliness and move-in readiness, places it firmly in the 'Good' category. It requires no immediate renovations and offers a comfortable, updated living experience.
Year Built
1951
Close
-
List price
$749K
Original List price
$789K
Price/Sqft
$357
HOA
-
Days on market
-
Sold On
-
MLS number
219136319PS
Home ConditionGood
Features
Good View: Mountain(s), Peek-A-Boo
Pool
Spa
Patio
ViewMountain(s), Peek-A-Boo
About this home
BACK ON MARKET_ BUYER COULD NOT PERFORM. This one is technically a duplex- 3 bedroom-2 bath- main, with a 1 bedroom/ 1 bath attached apartment. Apartment is vacant so entire property delivered vacant at close. Kitchens and baths are updated, pool and spa resurfaced. Great income property or live/rent space. Quiet cul de sac, off-street/ carport parking for both units. AGENTS SEE PRIVATE NOTES
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•3.2mi
4/10
Desert Learning Academy
Public,•K-12•1.8mi
6/10
Palm Springs High School
Public,•9-12•2.1mi
Condition Rating
Good
Despite being built in 1951, the property has undergone significant and recent updates to its most critical areas. Both the main unit and apartment kitchens feature modern white shaker cabinets, stainless steel appliances, subway tile backsplashes, and recessed lighting, indicating a renovation within the last 5-15 years. Bathrooms are similarly updated with contemporary vanities, fixtures, and tiled showers/tubs. The pool has also been resurfaced. While some elements like the living room's popcorn ceiling, specific built-in, and bedroom closet doors show the property's age, the extensive modernization of kitchens and bathrooms, combined with overall cleanliness and move-in readiness, places it firmly in the 'Good' category. It requires no immediate renovations and offers a comfortable, updated living experience.
Pros & Cons
Pros
Income Potential / Flexible Living: The property's duplex configuration, featuring a 3-bedroom/2-bath main unit and an attached 1-bedroom/1-bath apartment, offers excellent flexibility for rental income or multi-generational living arrangements.
Updated Key Areas: Recently updated kitchens and bathrooms, along with a resurfaced pool and spa, minimize immediate renovation expenses and enhance the property's modern appeal.
Desirable Location & Quiet Setting: Situated in the sought-after 'The Mesa' subdivision within South End Palm Springs, on a quiet cul-de-sac, enhancing its appeal and tranquility.
Mountain Views: The property boasts desirable mountain and 'peek-a-boo' views, adding to its aesthetic value and overall appeal.
Immediate Availability: The entire property is delivered vacant at close, allowing for immediate occupancy by an owner or the quick establishment of rental income.
Cons
Prior Failed Transaction: The property being back on the market due to a buyer's inability to perform raises concerns and may suggest underlying issues that warrant further investigation by prospective buyers.
Multiple Price Reductions: A history of several price reductions (from $789,000 to $749,000) indicates potential overpricing or difficulty in attracting buyers, which could affect its perceived value and marketability.
Age of Core Structure: Despite updated cosmetic features, the property was built in 1951, meaning core systems and other components may be original or older, potentially leading to higher long-term maintenance or replacement costs.