2082 Madrona Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 4 bath

2082 Madrona Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$1,499,000
2082 Madrona Drive, Palm Springs, California 92264
3Beds
4Baths
3,840Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($1,499,000) is $0 (0%) lower than the list price ($1,499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Ownership: Situated in the prestigious Indian Canyons neighborhood, one of Palm Springs' most sought-after addresses, and on desirable fee simple land.
Top Cons:
Age of Property: Built in 1981, while well-maintained, some systems or finishes beyond the described kitchen features may be original or dated, potentially requiring future updates.

Compared to the nearby listings

Price:$1.50M vs avg $1.28M (+$217,000)61%
Size:3,840 sqft vs avg 2,178 sqft96%
Price/sqft:$390 vs avg $59112%

More Insights

Built in 1981 (44 years old).
Condition: Built in 1981, this home is well-maintained but shows its age through dated finishes and fixtures. While the kitchen features granite counters and a modern stainless steel refrigerator, the white tile flooring, older built-in oven/microwave, and mirrored backsplash suggest updates from 15-30 years ago rather than a recent renovation. Bathrooms also appear functional but feature older styles. The property is clean and livable, but key areas would benefit from minor updates to meet current aesthetic standards.
Year Built
1981
Close
-
List price
$1.5M
Original List price
$1.63M
Price/Sqft
$390
HOA
-
Days on market
-
Sold On
-
MLS number
219134524PS
Home ConditionFair
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Set in the prestigious Indian Canyons neighborhood of South Palm Springs--one of the most sought-after addresses in the desert. This home embodies the best of Palm Springs living. Situated on fee simple land (you own it), the property welcomes you through double entry doors into soaring vaulted ceilings with exposed beams and an open layout featuring living and dining areas, a fireplace, and a step-down wet bar. The home offers three spacious bedrooms with ensuite baths, including a versatile third bedroom/den with private entry and mountain views. The kitchen is designed for both function and style with granite counters, built-in appliances, a breakfast nook overlooking the mountains, and direct access to the two-car garage. Outdoors, a south-facing backyard ensures sun throughout the day with spectacular views of the San Jacinto Mountains. The resort-style setting includes an oversized pool with inlaid tile, spa, swim-up bar w seats, built-in outdoor kitchen, and mature citrus trees.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-51.1mi
4/10
Raymond Cree Middle School
Public,6-83.5mi
4/10
Desert Learning Academy
Public,K-121.6mi
6/10
Palm Springs High School
Public,9-121.9mi
Condition Rating
Fair

Built in 1981, this home is well-maintained but shows its age through dated finishes and fixtures. While the kitchen features granite counters and a modern stainless steel refrigerator, the white tile flooring, older built-in oven/microwave, and mirrored backsplash suggest updates from 15-30 years ago rather than a recent renovation. Bathrooms also appear functional but feature older styles. The property is clean and livable, but key areas would benefit from minor updates to meet current aesthetic standards.
Pros & Cons

Pros

Prime Location & Ownership: Situated in the prestigious Indian Canyons neighborhood, one of Palm Springs' most sought-after addresses, and on desirable fee simple land.
Resort-Style Outdoor Living: The south-facing backyard features an oversized pool with inlaid tile, spa, swim-up bar, built-in outdoor kitchen, and mature citrus trees, ideal for entertaining.
Spectacular Mountain Views: Offers breathtaking views of the San Jacinto Mountains from the backyard and a versatile third bedroom/den, enhancing the property's aesthetic appeal.
Architectural Charm & Open Layout: The interior boasts soaring vaulted ceilings with exposed beams, an open layout for living and dining areas, a fireplace, and a step-down wet bar, providing a classic Palm Springs ambiance.
Functional Bedroom Layout: Includes three spacious bedrooms, each with an ensuite bath, offering privacy and convenience, with a versatile third bedroom/den that has a private entry.

Cons

Age of Property: Built in 1981, while well-maintained, some systems or finishes beyond the described kitchen features may be original or dated, potentially requiring future updates.
Recent Price Reductions: The property has undergone multiple price reductions since its initial listing, which could indicate it was initially overpriced or is experiencing market resistance.
High Maintenance Outdoor Features: The extensive resort-style pool, spa, and outdoor kitchen, while luxurious, will likely incur significant ongoing maintenance costs and effort for the homeowner.

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