234 Mayfair Way, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 3 bath

234 Mayfair Way, Palm Springs, California 92264 home-pic-0
ACTIVE$995,000
234 Mayfair Way, Palm Springs, California 92264
2Beds
3Baths
1,960Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & Modernity: Built in 2021, this property offers contemporary design, modern amenities, and is described as 'clean as a whistle,' providing a move-in ready experience.
Top Cons:
Significant Monthly HOA Dues: The association fee of $448.93 per month represents a substantial recurring cost that buyers must factor into their budget.

Compared to the nearby listings

Price:$995.0K vs avg $442.4K (+$552,550)93%
Size:1,960 sqft vs avg 1,307 sqft85%
Price/sqft:$508 vs avg $34090%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021, making it virtually new. The images confirm a pristine, modern aesthetic throughout, featuring new stainless steel kitchen appliances, contemporary flat-panel cabinetry, white quartz countertops, and modern bathroom fixtures. The flooring, lighting, and overall finishes are all current and in excellent condition, aligning perfectly with the 'excellent' criteria of being newly built and having all components new or virtually new with no deferred maintenance.
Year Built
2021
Close
-
List price
$995K
Original List price
$1.07M
Price/Sqft
$508
HOA
$448.93
Days on market
-
Sold On
-
MLS number
25609457PS
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

Spectacular end unit at popular & sought after Cody Place. Offering voluminous and refined spaces, this townhome lives like a single-family home but offers the convenience of a low maintenance yard and a "lock and leave" gated community close to downtown shops, coffee houses and eateries! Incredible open floor plan with a private patio, 2 Master en-suites and an incredible covered roof top party or relaxation deck cozy enough for two but large enough for dozens. Some furnishings available outside of escrow. Clean as a whistle so you can move in, unpack and enjoy the Palm Springs lifestyle you deserve. Just steps to the community pool that you do not have to maintain. Minutes to PSP International and freeways for weekend commuters.

Condition Rating
Excellent

This property was built in 2021, making it virtually new. The images confirm a pristine, modern aesthetic throughout, featuring new stainless steel kitchen appliances, contemporary flat-panel cabinetry, white quartz countertops, and modern bathroom fixtures. The flooring, lighting, and overall finishes are all current and in excellent condition, aligning perfectly with the 'excellent' criteria of being newly built and having all components new or virtually new with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modernity: Built in 2021, this property offers contemporary design, modern amenities, and is described as 'clean as a whistle,' providing a move-in ready experience.
Prime Location & Accessibility: Strategically located close to downtown Palm Springs shops, coffee houses, and eateries, with convenient access to PSP International Airport and freeways for commuters.
Luxury Townhome Features: An end unit with voluminous and refined spaces, two master en-suites, and an impressive covered rooftop deck suitable for entertaining or relaxation.
Gated Community & Low Maintenance: Part of a sought-after gated community, offering a 'lock and leave' lifestyle with a low-maintenance yard and access to a community pool without personal upkeep.
Desirable Mountain Views: The property boasts attractive mountain views, enhancing its aesthetic appeal and overall desirability.

Cons

Significant Monthly HOA Dues: The association fee of $448.93 per month represents a substantial recurring cost that buyers must factor into their budget.
Condominium Ownership Limitations: Despite living like a single-family home, its condominium status implies shared walls and potential restrictions imposed by the HOA, which may not suit all buyers seeking complete autonomy.
Recent Price Reduction: The property experienced a price reduction from $1,075,000 to $995,000, which could indicate initial overpricing or a slower market response.

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