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1521 E Via Roberto Miguel, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1521 E Via Roberto Miguel, Palm Springs, California 92262 home-pic-0
ACTIVE UNDER CONTRACT$599,000
1521 E Via Roberto Miguel, Palm Springs, California 92262
3Beds
2Baths
1,689Sqft
9,583Lot
Year Built
1961
Close
-
List price
$599K
Original List price
$675K
Price/Sqft
$355
HOA
-
Days on market
-
Sold On
-
MLS number
19439140
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View

About this home

Possibly Over-Priced:The estimated price is 56% below the list price. We found 3 Cons,6 Pros. Rank: price - $599.0K(14th), sqft - 1689(33th), beds - 3(50th), baths - 2(41th).

Donald Wexler designed home in iconic El Rancho Vista Estates. Four bedrooms, currently one is used as a den, one is used as a dining room. Perfect Palm Springs lifestyle home, with large saltwater pool and spa in an entertainment patio, with western mountain views, and an outdoor kitchen. Bathrooms and kitchen have been upgraded with sophistication. Gourmet kitchen features a commercial grade DCS range. Separate outdoor fenced lawn is perfect for your pets. Here is your chance to own a piece of architectural history, perfect as a full time or secondary residence, and ideal for vacation rental.

Condition Rating
Good
The property, built in 1961, has undergone significant and sophisticated upgrades to the kitchen and bathrooms, as stated in the description and evidenced by the images. The kitchen features modern stainless steel appliances, including a commercial-grade DCS range, and updated cabinetry. The flooring appears to be a modern concrete or large tile throughout. While these key areas are in excellent condition and are move-in ready, the overall age of the property (1961) suggests that not all major systems may have been replaced within the last 5 years, aligning it more closely with the 'Good' category's criteria of being extensively renovated within 5 to 15 years and having well-maintained systems, rather than being 'virtually new' in every component.
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 = 9583, living area = 1689.
Architectural Significance: A Donald Wexler designed home in the iconic El Rancho Vista Estates, offering a unique piece of architectural history highly sought after in Palm Springs.
Upgraded Interiors: Bathrooms and kitchen have been upgraded with sophistication, including a gourmet kitchen with a commercial grade DCS range, enhancing modern living.
Exceptional Outdoor Living: Features a large saltwater pool and spa, an entertainment patio with western mountain views, and an outdoor kitchen, ideal for the Palm Springs lifestyle.
Versatile Use Potential: Perfect as a full-time residence, secondary home, or an ideal vacation rental, offering flexibility for various buyer needs and investment opportunities.
Pet-Friendly Amenities: Includes a separate outdoor fenced lawn, making it highly appealing to pet owners.

Cons

Significant Price Discrepancy: The current listing price is substantially higher than the property's estimated value, which may indicate overpricing or require strong justification for the premium.
Age of Property Systems: Built in 1961, while architecturally significant, the property may have original or aging core systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or upgrades beyond the noted cosmetic renovations.
Extended Market Time & Price Reduction: The property has been on the market since 2019 and has seen a significant price reduction, suggesting potential challenges in market appeal or initial pricing strategy.

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