205 The Riv, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE$549,000
205 The Riv, Palm Springs, California 92262
2Beds
2Baths
1,226Sqft
1,362Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Panoramic Mountain & Pool Views: The property boasts 'tremendous mountain views to the south and west from every room and the balcony,' along with desirable poolside access, significantly enhancing its aesthetic appeal and value.
Top Cons:
Substantial Monthly Association Fee: A monthly association fee of $550.0 adds a significant recurring cost to ownership, which could impact the overall affordability and budget for some buyers.
Compared to the nearby listings
Price:$549.0K vs avg $338.0K (+$211,000)82%
Size:1,226 sqft vs avg 1,068 sqft67%
Price/sqft:$448 vs avg $34882%
More Insights
Built in 2019 (6 years old).
Condition: Built in 2019, this property is virtually new, featuring a modern aesthetic with high-end finishes throughout. The kitchen boasts stainless steel appliances, quartz countertops, custom cabinetry with gold hardware, and a wine fridge. Bathrooms are equally contemporary with modern vanities, fixtures, and tiling. The entire unit showcases new flooring, stylish lighting, and an open-concept design, indicating no deferred maintenance and meeting current quality standards.
Year Built
2019
Close
-
List price
$549K
Original List price
$640K
Price/Sqft
$448
HOA
$550
Days on market
-
Sold On
-
MLS number
219132721PS
Home ConditionExcellent
Features
Good View: Mountain(s), Pool
Deck
ViewMountain(s), Pool
About this home
LITERALLY THE BEST VIEW AT 64@THE RIV! Beautiful 2 bed 2 bath condo right in the center of Palm Springs! One of the best locations within the community, this upper level FULLY FURNISHED poolside condo is filled with custom details, including a cool Jetson style suspended fireplace, a wine fridge, custom gold hardware and tremendous mountain views to the south and west from every room and the balcony! Also includes full solar for super low electric bills. 64@The Riv is a gated community located in the Uptown Design District of Palm Springs, and close to tons of cool restaurants and shops. Some additional features are open concept living area, 9' ceilings with exposed beam, 8' tall sliders onto patio, clerestory windows, quartz countertops and backsplash, custom cabinetry, private community dog park, community electric car charging stations, and a 60' resort stye pool and fireside seating area.
Condition Rating
Excellent
Built in 2019, this property is virtually new, featuring a modern aesthetic with high-end finishes throughout. The kitchen boasts stainless steel appliances, quartz countertops, custom cabinetry with gold hardware, and a wine fridge. Bathrooms are equally contemporary with modern vanities, fixtures, and tiling. The entire unit showcases new flooring, stylish lighting, and an open-concept design, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons
Pros
Panoramic Mountain & Pool Views: The property boasts 'tremendous mountain views to the south and west from every room and the balcony,' along with desirable poolside access, significantly enhancing its aesthetic appeal and value.
Prime Uptown Design District Location: Situated 'right in the center of Palm Springs' within the vibrant 'Uptown Design District,' offering convenient walkability to 'cool restaurants and shops.'
Modern Design & Premium Finishes: Built in 2019, featuring contemporary 'open concept living area,' '9' ceilings with exposed beam,' 'quartz countertops,' 'custom cabinetry,' and unique 'Jetson style suspended fireplace' and 'wine fridge.'
Energy Efficiency with Solar: Equipped with 'full solar for super low electric bills,' providing significant long-term cost savings and environmental benefits for the owner.
Turnkey & Resort-Style Community Amenities: Offered 'FULLY FURNISHED' within a 'gated community' that includes a '60' resort style pool,' 'fireside seating area,' 'private community dog park,' and 'electric car charging stations.'
Cons
Substantial Monthly Association Fee: A monthly association fee of $550.0 adds a significant recurring cost to ownership, which could impact the overall affordability and budget for some buyers.
History of Price Reductions: The property has undergone multiple price reductions from its original list price of $640,000 to $549,000, potentially indicating market resistance or an initial overvaluation.
Condominium Living Limitations: As a condominium, the property offers 1226 sqft of living space, which may be considered compact for some buyers, and entails shared walls and HOA regulations typical of multi-unit dwellings.