2090 Savanna Way, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

2090 Savanna Way, Palm Springs, California 92262 home-pic-0
ACTIVE$615,000
2090 Savanna Way, Palm Springs, California 92262
2Beds
2Baths
1,900Sqft
5,227Lot
Year Built
2005
Close
-
List price
$615K
Original List price
$685K
Price/Sqft
$324
HOA
$450.71
Days on market
-
Sold On
-
MLS number
219125332PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,5 Pros. Rank: price - $615.0K(16th), sqft - 1900(42th), beds - 2(7th), baths - 2(41th).

Come and experience true resort living in the gated community of Four Seasons. This impressive home is move in ready at just under 2000 sq. Ft. and is available fully furnished or unfurnished with a wonderful open floor plan. There are new floors throughout, custom painting, new fixtures, landscaping, and fans.The kitchen which has ample counter space, a large island, and a huge pantry is open to the family room that has a media niche and fireplace which overlooks the back yard that boarders the desert and has completeprivacy. There is a covered patio and grassy areas and even room for a pool if you would like. This flow makes entertaining simple and easy. There are 2 bedrooms and 2 baths in this split plan, both with new countertops & fixtures. The primary bedroom is generous in size with an oversized walk in closet and large private bathroom. The guest room is completely separate and also has an oversized closet. There is also a large laundry room with new countertop & sink, and easy access to the garage. Four Seasons is a vibrant 55+ social community with something for everyone. The HOA membership includes high-speed fiber optic internet and access to all the community heated pools and spas; as well as full access to the Lodge with an extensive list of amenities that includes a fitness center.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-51.2mi
4/10
Raymond Cree Middle School
Public,6-81.6mi
6/10
Palm Springs High School
Public,9-123.1mi
4/10
Desert Learning Academy
Public,K-123.4mi
Condition Rating
Excellent

Built in 2005, this property has undergone significant recent updates, including new floors throughout, custom painting, new fixtures, and new countertops in both the kitchen and bathrooms. The kitchen features a large island and stainless steel appliances, while the bathrooms and laundry room also boast new fixtures and countertops. The overall condition is move-in ready with a fresh, modern aesthetic, aligning with the criteria for an extensively renovated property within the last 5 years.
Pros & Cons

Pros

Resort-Style 55+ Community Amenities: The property is located within the Four Seasons, a vibrant, gated 55+ community offering extensive amenities including heated pools, spas, a fitness center, and full access to The Lodge.
Move-in Ready Condition with Updates: The home is presented as 'move-in ready' with recent updates such as new floors, custom painting, new fixtures, landscaping, and fans, minimizing immediate buyer expenses.
Open Concept Living & Well-Appointed Kitchen: Features a wonderful open floor plan, a kitchen with ample counter space, a large island, and a huge pantry, seamlessly connecting to the family room with a media niche and fireplace.
Private Backyard with Pool Potential: The backyard offers complete privacy, borders the desert, includes a covered patio and grassy areas, and has sufficient space for a future pool installation.
Flexible Furnishing Option: The home is available either fully furnished or unfurnished, providing convenience and flexibility for various buyer needs, such as those seeking a second home or relocating.

Cons

Significant Overpricing / Valuation Gap: The current list price of $615,000 is considerably higher than the estimated property value of $455,479.23, suggesting a potential overpricing issue relative to market comparables.
High Monthly HOA Fees: The association fee of $450.71 per month is a notable ongoing cost that could impact affordability and appeal, particularly for buyers on fixed incomes within a 55+ community.
Lower Bedroom Count Compared to Comps: With 2 bedrooms, the property offers fewer bedrooms than several comparable sales in the same community (which feature 3 bedrooms) that sold for similar or even lower prices, potentially reducing its competitive edge.

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