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2355 W Nicola Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

2355 W Nicola Road, Palm Springs, California 92262 home-pic-0
ACTIVE$950,000
2355 W Nicola Road, Palm Springs, California 92262
3Beds
2Baths
1,399Sqft
10,454Lot

Price Vs. Estimate

The estimated value ($906,378.12) is $43,621.88 (4%) lower than the list price ($950,000). This property may be overpriced.

Key pros and cons

Top Pros:
Resort-Style Outdoor Living: The property offers an exceptional indoor/outdoor oasis with a pool, spa, fire pit, gas grill, and multiple lounging areas, ideal for the Palm Springs lifestyle.
Top Cons:
Age of Property: Built in 1985, while updated, the underlying infrastructure may be older, potentially requiring future maintenance or upgrades not explicitly mentioned.

Compared to the nearby listings

Price:$950.0K vs avg $925.0K (+$25,000)52%
Size:1,399 sqft vs avg 2,096 sqft17%
Price/sqft:$679 vs avg $49180%

More Insights

Built in 1985 (40 years old).
Condition: Despite being built in 1985, this property has undergone an extensive and high-quality modern renovation. The kitchen features updated dark cabinetry, light countertops, and stainless steel appliances, presenting a contemporary and functional space. Bathrooms are fully updated with modern white subway tile, sleek fixtures including a rain shower and handheld, new vanities, and stylish backlit mirrors. The flooring throughout consists of modern light-colored tile in main living areas and clean, well-maintained carpet in bedrooms. All visible light fixtures are modern and contribute to the property's fresh aesthetic. The overall condition is virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the criteria for an 'Excellent' rating due to its extensive recent renovation.
Year Built
1985
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$679
HOA
-
Days on market
-
Sold On
-
MLS number
219134930PS
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Welcome to this stunning three bedroom, two bathroom resort-style home in the Racquet Club neighborhood of Palm Springs. This indoor/outdoor oasis boasts views of the San Jacinto Mountains, and includes 1,399 SF of modern living space, an updated kitchen and bathrooms and easy access to outdoor areas. The backyard features multiple lounging areas, a pool and spa, fire pit, and gas grill. This spectacular home is strategically located just minutes from the airport and downtown, as well as within a convenient 7-minute walk to the Sunrise Square shopping center, where grocery stores, coffee shops, and restaurants await. With such prime positioning, your stay here not only promises luxury but also unparalleled convenience and comfort. This home currently has an active STR permit with good rental history and would make an ideal seasonal or part-time rental if not being used as an idyllic full time residence. Reach out for more information or if you'd like to schedule a private tour.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.8mi
7/10
Katherine Finchy Elementary School
Public,•K-5•1.1mi
4/10
Raymond Cree Middle School
Public,•6-8•0.7mi
6/10
Palm Springs High School
Public,•9-12•2.2mi
4/10
Desert Learning Academy
Public,•K-12•2.4mi
6/10
Cathedral City High School
Public,•9-12•5.5mi
Condition Rating
Excellent
Despite being built in 1985, this property has undergone an extensive and high-quality modern renovation. The kitchen features updated dark cabinetry, light countertops, and stainless steel appliances, presenting a contemporary and functional space. Bathrooms are fully updated with modern white subway tile, sleek fixtures including a rain shower and handheld, new vanities, and stylish backlit mirrors. The flooring throughout consists of modern light-colored tile in main living areas and clean, well-maintained carpet in bedrooms. All visible light fixtures are modern and contribute to the property's fresh aesthetic. The overall condition is virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the criteria for an 'Excellent' rating due to its extensive recent renovation.
Pros & Cons

Pros

Resort-Style Outdoor Living: The property offers an exceptional indoor/outdoor oasis with a pool, spa, fire pit, gas grill, and multiple lounging areas, ideal for the Palm Springs lifestyle.
Prime Location & Convenience: Strategically located minutes from the airport and downtown, and a short 7-minute walk to Sunrise Square shopping center, providing unparalleled convenience.
Income Generating Potential: Features an active Short-Term Rental (STR) permit with good rental history, making it an ideal investment for seasonal or part-time rental income.
Updated Interiors: Boasts modern living space with updated kitchen and bathrooms, suggesting a move-in ready condition for prospective buyers.
Mountain Views: Offers desirable views of the San Jacinto Mountains, enhancing the aesthetic appeal and overall value of the property.

Cons

Age of Property: Built in 1985, while updated, the underlying infrastructure may be older, potentially requiring future maintenance or upgrades not explicitly mentioned.
Compact Interior Square Footage: At 1,399 SF for a 3-bedroom home, the interior living space is relatively compact, which might be a consideration for buyers seeking more expansive indoor areas.
High Outdoor Maintenance: The extensive resort-style outdoor amenities (pool, spa, multiple lounging areas) will likely incur higher ongoing maintenance costs and time commitment for upkeep.

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