2021 Paseo Pelota, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE$550,000
2021 Paseo Pelota, Palm Springs, California 92262
2Beds
2Baths
1,252Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Community Amenities: The Sunrise Racquet Club offers an impressive array of amenities including 6 pools, 4 tennis courts, pickleball courts, green belts, walking/bike paths, and a clubhouse library, fostering a resort-style living experience.
Top Cons:
High Association Fee: The monthly association fee of $565.00 is substantial and adds significantly to the overall cost of ownership, which may be a deterrent for some potential buyers.
Compared to the nearby listings
Price:$550.0K vs avg $338.0K (+$212,000)82%
Size:1,252 sqft vs avg 1,068 sqft69%
Price/sqft:$439 vs avg $34880%
More Insights
Built in 1977 (48 years old).
Condition: Built in 1977, the property has undergone some updates, including new flooring, modern ceiling fans, and stainless steel appliances (refrigerator, dishwasher, range). However, the kitchen features dated tiled countertops and the bathroom vanity and shower enclosure also reflect an older style, despite being clean and functional. While the property is well-maintained and move-in ready, these key areas show signs of being outdated, indicating that the renovations were either partial or occurred more than 15-30 years ago, aligning with the 'Fair' condition criteria.
Year Built
1977
Close
-
List price
$550K
Original List price
$625K
Price/Sqft
$439
HOA
$565
Days on market
-
Sold On
-
MLS number
PW25133119
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Tourist spot style living at the beautiful Sunrise Racquet Club! This well-maintained gated neighborhood brings excellent amenities and contemporary upgrades. This amazing 2 bedrooms, 2 bathroom. 1252 SQFT I t has plenty of closet space. This home is a well maintained. Its also includes a car garage. This Condo is located minutes from downtown Palms Springs near to restaurants ,shopping and entertainment. SUNRISE RAQUET CLUB. Modern, beautifully upgraded. new fans, frig, and much much more, Fabulous mountain views. Close to pools , patio, upgraded kitchen , green belts, Cose to the Mesquite Golf Course. 6 pools, 4 tennis courts, Pickle Ball Courts, Tennis courts.Walking and bike paths nearby. Art museums nearby, Fee simple. Rentals allowed, 14 day minimum stay. Furniture negotiable. Library in Clubhouse 196 condos on 47 acres, single stories.Airy end unit, renovated.
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•0.8mi
4/10
Raymond Cree Middle School
Public,•6-8•0.8mi
6/10
Palm Springs High School
Public,•9-12•1.3mi
4/10
Desert Learning Academy
Public,•K-12•1.5mi
Condition Rating
Fair
Built in 1977, the property has undergone some updates, including new flooring, modern ceiling fans, and stainless steel appliances (refrigerator, dishwasher, range). However, the kitchen features dated tiled countertops and the bathroom vanity and shower enclosure also reflect an older style, despite being clean and functional. While the property is well-maintained and move-in ready, these key areas show signs of being outdated, indicating that the renovations were either partial or occurred more than 15-30 years ago, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Exceptional Community Amenities: The Sunrise Racquet Club offers an impressive array of amenities including 6 pools, 4 tennis courts, pickleball courts, green belts, walking/bike paths, and a clubhouse library, fostering a resort-style living experience.
Prime Palm Springs Location: Strategically located minutes from downtown Palm Springs, providing convenient access to diverse restaurants, shopping, entertainment, the Mesquite Golf Course, and local art museums.
Strong Rental Income Potential: The property allows rentals with a 14-day minimum stay, making it highly attractive for investors or owners looking to generate income from short-term vacation rentals in a popular tourist destination.
Modern Upgrades & Well-Maintained: The condo has been beautifully upgraded and renovated with modern features, including new fans and a refrigerator, and is described as well-maintained, reducing immediate buyer expenses.
Fabulous Mountain Views & End Unit: Boasts fabulous mountain views and is an airy end unit, which typically offers more natural light, enhanced privacy, and a more desirable position within the complex.
Cons
High Association Fee: The monthly association fee of $565.00 is substantial and adds significantly to the overall cost of ownership, which may be a deterrent for some potential buyers.
Older Building Construction: Built in 1977, despite unit-specific upgrades, the underlying building infrastructure is older, which could lead to potential future maintenance issues or special assessments for the homeowners' association.
Limited Square Footage: At 1252 square feet for a 2-bedroom, 2-bathroom unit, the living space may be considered compact for some buyers seeking more expansive accommodations, particularly in a resort-style setting.