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1950 N Magnolia Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath

1950 N Magnolia Road, Palm Springs, California 92262 home-pic-0
ACTIVE$712,500
1950 N Magnolia Road, Palm Springs, California 92262
3Beds
4Baths
1,562Sqft
12,197Lot

Price Vs. Estimate

The estimated value ($712,500) is $0 (0%) lower than the list price ($712,500). 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 = 12197, living area = 1562.
Top Cons:
No Garage Mentioned: The property description does not mention a garage, which could be a drawback for buyers seeking covered parking or additional storage.

Compared to the nearby listings

Price:$712.5K vs avg $925.0K ($-212,500)23%
Size:1,562 sqft vs avg 2,096 sqft26%
Price/sqft:$456 vs avg $49040%

More Insights

Built in 1958 (67 years old).
Condition: Despite being built in 1958, the property has undergone extensive and meticulous renovations, as evidenced by the description and images. It features modern baths (especially the walk-in shower with contemporary tile and floating vanity), a well-appointed kitchen with stainless steel appliances, modern mosaic backsplash, and updated cabinetry. The listing explicitly states 'new windows and doors, multi-zone A/C, a newer water heater, and a recently replaced roof,' indicating that all major systems and aesthetic components are new or virtually new, meeting current quality standards. The flooring is modern tile throughout, and light fixtures are contemporary. The overall condition suggests a property that has been fully renovated recently, aligning with the 'Excellent' criteria.
Year Built
1958
Close
-
List price
$713K
Original List price
$715K
Price/Sqft
$456
HOA
-
Days on market
-
Sold On
-
MLS number
219136466PS
Home ConditionExcellent
Features
Good View: Mountain(s), Pool
Pool
Patio
ViewMountain(s), Pool

About this home

Available for Short Term Vacation Rental!!!!!!!! Welcome to your serene 1958 retreat! Nestled on a spacious corner lot, the San Jacinto Mountains as a backdrop that perfectly blend indoor and outdoor desert living with modern comfort and classic charm. The main house features two ensuite bedrooms, ensuring comfort and privacy and a powder room, while an additional ensuite bedroom in the attached casita provides ample space for guests or family. The great room invites you in with a well-appointed kitchen, a cozy dining area, and a spacious living room, all seamlessly connected. Step through the French doors to a generous outdoor paradise featuring both covered and uncovered patios, a refreshing pool, a sprawling lawn, and relaxing water feature, surrounded by lush desert vegetation, all enclosed by a privacy wall. This meticulously updated home boasts modern baths, new windows and doors, multi-zone A/C, a newer water heater, and a recently replaced roof. Located just minutes from downtown Palm Springs, this oasis offers convenience and tranquility in one perfect package. Come and experience the magic of desert living today!

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•1.2mi
6/10
Vista Del Monte Elementary School
Public,•K-5•1.2mi
4/10
Raymond Cree Middle School
Public,•6-8•0.8mi
6/10
Palm Springs High School
Public,•9-12•1.9mi
4/10
Desert Learning Academy
Public,•K-12•2.1mi
6/10
Cathedral City High School
Public,•9-12•5.0mi
Condition Rating
Excellent
Despite being built in 1958, the property has undergone extensive and meticulous renovations, as evidenced by the description and images. It features modern baths (especially the walk-in shower with contemporary tile and floating vanity), a well-appointed kitchen with stainless steel appliances, modern mosaic backsplash, and updated cabinetry. The listing explicitly states 'new windows and doors, multi-zone A/C, a newer water heater, and a recently replaced roof,' indicating that all major systems and aesthetic components are new or virtually new, meeting current quality standards. The flooring is modern tile throughout, and light fixtures are contemporary. The overall condition suggests a property that has been fully renovated recently, aligning with the 'Excellent' criteria.
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 = 12197, living area = 1562.
Income Potential: The property is explicitly available for short-term vacation rental, offering a significant income-generating opportunity.
Extensive Modern Updates: Meticulously updated with modern baths, new windows and doors, multi-zone A/C, a newer water heater, and a recently replaced roof, minimizing immediate maintenance concerns.
Guest Accommodation & Privacy: Features an attached casita with an ensuite bedroom, providing excellent privacy and ample space for guests or extended family.
Exceptional Outdoor Living: A generous outdoor paradise includes covered/uncovered patios, a refreshing pool, sprawling lawn, water feature, and privacy wall, ideal for desert entertaining.
Prime Location & Views: Nestled on a spacious corner lot with San Jacinto Mountain views and located just minutes from downtown Palm Springs, offering both tranquility and convenience.

Cons

No Garage Mentioned: The property description does not mention a garage, which could be a drawback for buyers seeking covered parking or additional storage.
High Outdoor Maintenance: The expansive 12,197 sqft lot with a pool, sprawling lawn, and desert vegetation suggests potentially high ongoing maintenance costs and effort for upkeep.
Modest Interior Square Footage: With 1562 sqft of interior living space, some buyers might find it modest relative to the large lot size and extensive outdoor amenities.

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