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1166 E El Cid, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath

1166 E El Cid, Palm Springs, California 92262 home-pic-0
ACTIVE$900,000
1166 E El Cid, Palm Springs, California 92262
4Beds
4Baths
2,785Sqft
11,761Lot

Price Vs. Estimate

The estimated value ($900,000) is $0 (0%) lower than the list price ($900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Privacy: Situated at the end of a quiet cul-de-sac within the desirable Victoria Park neighborhood in North End Palm Springs, offering enhanced privacy and a prestigious address.
Top Cons:
Short Sale Status: The property is a short sale, which typically involves a more complex and potentially longer closing process due to bank approval requirements, and is often sold 'as-is'.

Compared to the nearby listings

Price:$900.0K vs avg $925.0K ($-25,000)49%
Size:2,785 sqft vs avg 2,100 sqft80%
Price/sqft:$323 vs avg $49022%

More Insights

Built in 1978 (47 years old).
Condition: Built in 1978, this property is 46 years old. The visible exterior, including the garage door, light fixture, and cracked driveway, indicates an aged aesthetic and some deferred maintenance. Without interior images or descriptions of the kitchen and bathrooms, it's highly probable these key areas are dated, consistent with the property's age and lack of stated recent renovations. It likely requires minor updates and repairs to meet current standards.
Year Built
1978
Close
-
List price
$900K
Original List price
$1.3M
Price/Sqft
$323
HOA
-
Days on market
-
Sold On
-
MLS number
25542965
Home ConditionFair
Features
Excellent View: Mountain(s)
Pool
Spa
ViewMountain(s)

About this home

Spacious Home with Casita, Mountain Views & Pool in Victoria Park!Welcome to this beautifully situated home at the end of a quiet cul-de-sac in the desirable Victoria Park neighborhoodoffering over 3,500 sq ft of living space and stunning unobstructed views of Mount San Jacinto. This well-established property features a stand-alone casita, perfect for guests or a private office.Inside, you'll find multiple living areas, including a generous great room with a cozy fireplace, ample closet space throughout, and well-sized bedrooms to accommodate everyone comfortably.The expansive backyard is ideal for entertaining with a pool and spa, mature fruit trees, and a side yard currently used as a shuffleboard courtor easily repurposed for RV or boat parking. The oversized garage adds even more storage and flexibility.Note: Brokers and agents do not guarantee the accuracy of square footage, room dimensions, lot size, or boundary locations. Buyers are advised to independently verify all information. Shortsale!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.6mi
4/10
Raymond Cree Middle School
Public,•6-8•0.2mi
6/10
Palm Springs High School
Public,•9-12•2.1mi
4/10
Desert Learning Academy
Public,•K-12•2.3mi
Condition Rating
Fair
Built in 1978, this property is 46 years old. The visible exterior, including the garage door, light fixture, and cracked driveway, indicates an aged aesthetic and some deferred maintenance. Without interior images or descriptions of the kitchen and bathrooms, it's highly probable these key areas are dated, consistent with the property's age and lack of stated recent renovations. It likely requires minor updates and repairs to meet current standards.
Pros & Cons

Pros

Prime Location & Privacy: Situated at the end of a quiet cul-de-sac within the desirable Victoria Park neighborhood in North End Palm Springs, offering enhanced privacy and a prestigious address.
Stunning Mountain Views: Boasts stunning, unobstructed views of Mount San Jacinto, providing a picturesque backdrop and enhancing the property's aesthetic appeal.
Income/Guest Potential: Includes a stand-alone casita, offering versatile space perfect for guest accommodation, a private office, or potential rental income.
Exceptional Outdoor Living: Features an expansive backyard ideal for entertaining, complete with a pool, spa, mature fruit trees, and a side yard suitable for RV/boat parking or recreational use.
Spacious & Functional Layout: Offers multiple living areas, including a generous great room with a fireplace, ample closet space, well-sized bedrooms, and an oversized garage for extensive storage.

Cons

Short Sale Status: The property is a short sale, which typically involves a more complex and potentially longer closing process due to bank approval requirements, and is often sold 'as-is'.
Significant Price Discrepancy & Overpricing: Despite a substantial price reduction from $1.3M to $900K, the current listing price remains 26% above the estimated market value, suggesting potential overpricing or market resistance.
Square Footage Discrepancy: There is a notable discrepancy in reported living space; the description claims 'over 3,500 sq ft,' while the structured data indicates 2,785 sq ft, which could lead to buyer confusion and valuation challenges.

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