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1190 S Calle Marcus, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath

1190 S Calle Marcus, Palm Springs, California 92264 home-pic-0
ACTIVE$1,574,900
1190 S Calle Marcus, Palm Springs, California 92264
3Beds
3Baths
2,155Sqft
9,148Lot

Price Vs. Estimate

The estimated value ($1,564,658.505) is $10,241.495 (0%) lower than the list price ($1,574,900). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 2155.
Top Cons:
Price Reduction History: The property has undergone multiple price reductions since its initial listing (from $1.795M to $1.5749M), which may indicate an initial overpricing strategy or challenges in attracting buyers at previous price points.

Compared to the nearby listings

Price:$1.57M vs avg $1.28M (+$292,900)66%
Size:2,155 sqft vs avg 2,172.5 sqft49%
Price/sqft:$731 vs avg $59777%

More Insights

Built in 1978 (47 years old).
Condition: Despite being built in 1978, this property underwent a major, comprehensive remodel in 2023, updating 'everything' to current quality standards. The description highlights new eco-friendly lighting, water fixtures, high-end appliances, and flooring. The images confirm a modern, state-of-the-art gourmet kitchen with white shaker cabinets, stainless steel appliances, and a farmhouse sink, along with sleek, updated bathrooms featuring contemporary tiling and fixtures. The property also boasts new outdoor amenities like a pool, spa, and pickleball court, all contributing to a virtually new condition with no deferred maintenance.
Year Built
1978
Close
-
List price
$1.57M
Original List price
$1.79M
Price/Sqft
$731
HOA
-
Days on market
-
Sold On
-
MLS number
PW25026577
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Price Improvement $25K Solar Ready-Furnished or Not-STR Income $96K 9 mo-4th Bedroom avilable EZ modification-Best Value in Deepwell Estates. Major remodel everything updated in 2023. Designed for seamless indoor-outdoor living, the property features a large, 12 foot collapsing glass wall that opens to a covered outdoor Living and dining area. New Pool and Spa with New remote-controlled equipment, as well as a Pickleball Court. Property Highlights in addition to a Pickelball Court that can convert to an Approved ADU with a seperate private driveway. • Indoor-Outdoor Living: The collapsing glass wall opens to a covered outdoor living and dining areas. • Updated Features: Meticulously remodeled with eco-friendly lighting, water fixtures, high-end appliances, and flooring. • Gourmet Kitchen:Includes a coffee bar, wine cooler, and state-of-the-art appliances. • Private Backyard: The fenced pet-friendly yard, complete privacy, mature orange, mango, and fig trees. Front patio W stunning mountain views. Every detail, from the sun-drenched living spaces to the tranquil, shaded outdoor lounge, has been crafted to elevate daily life. Whether hosting gatherings or enjoying quiet moments, you’ll appreciate the harmonious blend of comfort and sophistication throughout. The residence’s smart design maximizes natural light and mountain views, while energy-efficient systems keep utility costs in check. • Flexible Furnishings: Move-in ready with the option to keep all, some, or none of the furnishings. Additional Features • Versatile corner lot with a secondary driveway entrance on E Ocotillo Ave. • Transferable Approved ADU plans for added flexibility and investment potential. • Prime location: A 5-minute ride to downtown Palm Springs, with nearby conveniences such as Starbucks, CVS, grocery stores, bakeries, restaurants, and shops within walking distance. • Short-term rental potential: Previously a successful rental, short-term rental. New permits are still available. Deepwell Estates Neighborhood This sought-after neighborhood is renowned for its architectural charm, convenience, and beautiful surroundings. Whether you’re searching for a permanent home, a 2nd home retreat, or an investment property, this residence offers unparalleled luxury and lifestyle. Schedule a viewing today and make this modern resort home your own!

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•2.6mi
4/10
Desert Learning Academy
Public,•K-12•0.8mi
6/10
Palm Springs High School
Public,•9-12•1.1mi
Condition Rating
Excellent
Despite being built in 1978, this property underwent a major, comprehensive remodel in 2023, updating 'everything' to current quality standards. The description highlights new eco-friendly lighting, water fixtures, high-end appliances, and flooring. The images confirm a modern, state-of-the-art gourmet kitchen with white shaker cabinets, stainless steel appliances, and a farmhouse sink, along with sleek, updated bathrooms featuring contemporary tiling and fixtures. The property also boasts new outdoor amenities like a pool, spa, and pickleball court, all contributing to a virtually new condition with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 2155.
Extensive Recent Remodel: The property underwent a major remodel in 2023, with everything updated including eco-friendly lighting, water fixtures, high-end appliances, and flooring, ensuring a modern and move-in ready condition.
Exceptional Indoor-Outdoor Living & Amenities: Designed for seamless indoor-outdoor living with a 12-foot collapsing glass wall, new pool and spa with remote-controlled equipment, and a pickleball court, offering luxurious entertainment and relaxation options.
Strong Income & ADU Potential: Proven short-term rental income of $96K in 9 months, with new permits available, and transferable approved ADU plans with a separate private driveway, providing significant investment and flexibility.
Prime Deepwell Estates Location: Situated in the sought-after Deepwell Estates, just a 5-minute ride to downtown Palm Springs, with convenient walking access to Starbucks, CVS, grocery stores, bakeries, restaurants, and shops.
Versatile & Flexible Options: Offers flexible furnishing options (keep all, some, or none), easy modification for a 4th bedroom, and a versatile corner lot with a secondary driveway entrance, catering to diverse buyer needs.

Cons

Price Reduction History: The property has undergone multiple price reductions since its initial listing (from $1.795M to $1.5749M), which may indicate an initial overpricing strategy or challenges in attracting buyers at previous price points.
Age of Original Structure: Despite a comprehensive 2023 remodel, the property's original build year of 1978 could raise questions about the condition of underlying systems (e.g., plumbing, electrical beyond updated components) not explicitly detailed as replaced.
Solar Ready, Not Installed: While advertised as 'Solar Ready' and featuring energy-efficient systems, solar panels are not currently installed, representing an additional upfront investment for buyers seeking full energy independence.

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