248 Serena Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

248 Serena Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$749,000
248 Serena Drive, Palm Desert, California 92260
3Beds
2Baths
1,700Sqft
2,614Lot
Year Built
1979
Close
-
List price
$749K
Original List price
$939K
Price/Sqft
$441
HOA
$764
Days on market
-
Sold On
-
MLS number
SB25029811
Home ConditionExcellent
Features
Good View: Golf Course
Patio
ViewGolf Course

About this home

We found 3 Cons,5 Pros. Rank: price - $749.0K(85th), sqft - 1700(64th), beds - 3(65th), baths - 2(50th).

End Unit 30 Plan that has been remodeled from the studs out. Truly a move in condition home. Professionally designed and located on the 8th fairway of the West course. (EAST FACING). The condo has been completely remodeled including removing the fireplace wall to give the home an open floorplan with vaulted ceilings and enclosed atrium for more square footage. All the hard (Expensive) work to modernize these units has been done for you. Like new finishes throughout including a state of the art kitchen remodel. Quartz counter tops, marble subway tile with mosaid backsplash, modern lighting and cabinetry. Stainless steel appliances including a Gas stove. Designer custom wiindow treatments and porcelain "wood-plank" flooring. Sunny Breafkast bar that opens up to the living area with vaulted ceilings. The Primary suite features an all new bathroom with white marble and grey limestone mosaics on the floor, with beige limestone tile for the easy step in shower with seat. A white quartz slab counter, and white marble mosaic backsplash and dual sinks, nickel faucetry, and custom cabinetry give the bath a spa-like feel. The second bath is gorgeous with limestone floors, white quartz slab counter and white marble and glass tile mosaic backsplash. Spacious second bedroom and the Converted atrium provides a large "Den" that can be used as a third sleeping area for owner users or rentals for 28 days or longer. There is a full size laundry room with a brand new washer and dryer, and also a 2 car garage. Extended flagstone patio overlooks the 8th fairway on the West course. Stainles steel grill for outdoor entertaining and Eastern exposure for incredible sunrises and sun in the winter months but shade in the Spring/ Summer. 37 pools and jacuzzis are located throughout the complex including two that are a very short walk away. The famous El Paseo Drive is just 5 minutes away for fabulous shopping and dining. Monterey Country Club is convenient to the entire Coachella Valley with multiple golf courses, restaurants and stores just minutes away. Come see what makes Montery Country Club one of the best places to live in all of the Palm Springs area. This property has been a short term rental with an extensive income history and repeat renters if your buyers would like to rent it out part time.

Nearby schools

8/10
James Earl Carter Elementary School
Public,K-50.9mi
6/10
Abraham Lincoln Elementary School
Public,K-51.3mi
7/10
Palm Desert High School
Public,9-122.0mi
Condition Rating
Excellent

Despite being built in 1979, this property has undergone an extensive 'remodeled from the studs out' renovation, making it virtually new inside. The kitchen boasts state-of-the-art stainless steel appliances, quartz countertops, modern cabinetry, and stylish marble subway tile backsplash. Both bathrooms are completely new with high-end finishes, including white marble, grey limestone mosaics, quartz slab counters, and modern fixtures, creating a spa-like ambiance. The porcelain 'wood-plank' flooring and updated lighting throughout further contribute to its excellent, move-in ready condition, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Extensive & Modern Remodel: The property has been 'remodeled from the studs out' with 'like new finishes throughout,' including a state-of-the-art kitchen, spa-like primary bathroom, and modern lighting/cabinetry, offering a truly move-in ready condition.
Prime Golf Course Frontage & Views: Strategically located on the 8th fairway of the West course, the property boasts an extended flagstone patio with direct golf course views, enhancing its appeal and outdoor living experience.
Open Concept & Flexible Living Space: The remodel created an open floorplan with vaulted ceilings by removing the fireplace wall, and an enclosed atrium adds flexible square footage, usable as a den or third sleeping area.
Favorable East-Facing Exposure: The east-facing orientation provides incredible sunrises and desirable winter sun, while offering natural shade during the hotter spring and summer afternoons, optimizing comfort.
Strong Rental Income Potential & Resort Amenities: The property has a proven extensive short-term rental income history with repeat renters, complemented by access to 37 community pools/jacuzzis and proximity to El Paseo for shopping and dining.

Cons

High Monthly Association Fees: The $764.0 monthly association fee represents a significant ongoing cost that potential buyers must factor into their budget.
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $939,000 to $749,000, which may prompt questions regarding its initial valuation or market demand.
Condominium Living Limitations: As a condominium, the property inherently involves shared walls, potential for noise transfer from neighbors, and adherence to community rules and regulations that may restrict personal modifications or usage.

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