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1735 N Via Miraleste 1915, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

1735 N Via Miraleste 1915, Palm Springs, California 92262 home-pic-0
ACTIVE$259,000
1735 N Via Miraleste 1915, Palm Springs, California 92262
1Bed
1Bath
836Sqft
Lot

Price Vs. Estimate

The estimated value ($294,242.17) is $35,242.17 (5%) higher than the list price ($259,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Location: The condo is ideally situated just minutes from vibrant downtown Palm Springs, offering convenient access to dining, shopping, and entertainment.
Top Cons:
Significant Price Reduction History: Multiple price drops from the original list price of $298,000 to $259,000 suggest potential market resistance or initial overpricing.

Compared to the nearby listings

Price:$259.0K vs avg $337.0K ($-78,000)28%
Size:836 sqft vs avg 1,068 sqft34%
Price/sqft:$310 vs avg $34636%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this condo has been 'beautifully updated' as described, making it move-in ready. The kitchen features clean white cabinets, granite countertops, and functional white appliances. The bathroom is also updated with a granite vanity and tiled shower. While some finishes like the speckled granite and white appliances are not the most current trends, they are well-maintained and functional, indicating a renovation likely within the last 10-15 years. The property shows minimal wear and tear and does not require immediate major renovations.
Year Built
1980
Close
-
List price
$259K
Original List price
$298K
Price/Sqft
$310
HOA
$415
Days on market
-
Sold On
-
MLS number
219127942DA
Home ConditionGood
Features
Good View: Peek-A-Boo
Pool
Spa
Patio
ViewPeek-A-Boo

About this home

Welcome to this beautifully updated 1-bedroom, 1-bath ground floor condo in the desirable Riviera Gardens community, just minutes from vibrant downtown Palm Springs. Perfect as a vacation getaway or investment property, this stylish unit offers modern convenience in a serene, resort-style setting.Step inside to find an open and inviting layout with updated finishes throughout, in-unit laundry, and a private enclosed patio, ideal for morning coffee or evening relaxation. The bedroom offers ample space and natural light, while the bathroom is clean and contemporary with two separate vanities.Riviera Gardens is a well-maintained community featuring lush landscaping, multiple pools and spas, and gated access. This unit is conveniently located near assigned and guest parking, making coming and going a breeze. Don't miss your chance to own a piece of paradise in Palm Springs on land you own!Property was photographed with furniture. It is no longer furnished.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•0.3mi
6/10
Palm Springs High School
Public,•9-12•2.3mi
4/10
Desert Learning Academy
Public,•K-12•2.4mi
Condition Rating
Good
Built in 1980, this condo has been 'beautifully updated' as described, making it move-in ready. The kitchen features clean white cabinets, granite countertops, and functional white appliances. The bathroom is also updated with a granite vanity and tiled shower. While some finishes like the speckled granite and white appliances are not the most current trends, they are well-maintained and functional, indicating a renovation likely within the last 10-15 years. The property shows minimal wear and tear and does not require immediate major renovations.
Pros & Cons

Pros

Prime Location: The condo is ideally situated just minutes from vibrant downtown Palm Springs, offering convenient access to dining, shopping, and entertainment.
Modern Updates & Features: The unit boasts updated finishes throughout, in-unit laundry, and a contemporary bathroom with two separate vanities, providing modern comfort and style.
Resort-Style Community Amenities: Riviera Gardens offers a well-maintained, gated community with lush landscaping, multiple pools, and spas, enhancing the lifestyle appeal.
Fee Simple Ownership: The property is on land you own, a significant advantage in Palm Springs where many properties are on leased land, offering greater long-term value and fewer restrictions.
Investment & Vacation Potential: Explicitly marketed as perfect for a vacation getaway or investment property, appealing to a broad range of buyers seeking rental income or a seasonal retreat.

Cons

Significant Price Reduction History: Multiple price drops from the original list price of $298,000 to $259,000 suggest potential market resistance or initial overpricing.
Unfurnished Condition: The property is no longer furnished, requiring immediate additional investment for furniture, which could be a drawback for vacation rental setup or immediate move-in.
Limited Living Space: As a 1-bedroom, 1-bath unit with 836 sqft, it may not appeal to buyers seeking more spacious accommodations or those with families.

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