280 S Avenida Caballeros 116, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE$344,000
280 S Avenida Caballeros 116, Palm Springs, California 92262
2Beds
2Baths
996Sqft
1,481Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Strategically located within the exclusive gated Caballeros Estates, offering convenient and immediate access to downtown Palm Springs' vibrant attractions, including the Spa/Casino, diverse restaurants, and shopping.
Top Cons:
High Monthly HOA Fees: The substantial monthly association fee of $593, while inclusive of many services, represents a significant ongoing cost that could impact affordability for some potential buyers.
Compared to the nearby listings
Price:$344.0K vs avg $338.0K (+$6,000)51%
Size:996 sqft vs avg 1,068 sqft45%
Price/sqft:$345 vs avg $34650%
More Insights
Built in 1981 (44 years old).
Condition: Built in 1981, this condo has undergone significant and recent updates, making it move-in ready. The kitchen features modern white cabinetry, new stainless steel appliances (range, microwave), and contemporary marble-look quartz countertops and backsplash. New light wood-look laminate flooring extends throughout the main living areas and bedrooms, providing a fresh, modern aesthetic. While some elements like the wet bar and possibly parts of the bathrooms (e.g., shower tile) appear to be older or only partially updated, the most impactful areas have been extensively renovated. The property is clean, well-maintained, and requires no immediate renovations, aligning well with the 'Good' condition criteria.
Year Built
1981
Close
-
List price
$344K
Original List price
$349K
Price/Sqft
$345
HOA
$593
Days on market
-
Sold On
-
MLS number
219130357DA
Home ConditionGood
Features
Good View: Mountain(s)
Spa
Patio
ViewMountain(s)
About this home
Location, Location, Location!This exclusive gated Community of Caballeros Estates, offers convenient access to downtown Palm Springs and its many attractions: Spa/Casino, Restaurants, shopping stores and many more to explore. This lovely condo features two bedrooms, two bathrooms, a comfortable living room area with an open kitchen, a convenient wet bar and a cozy gas fireplace. The property's private rear area provides access to a spa, allowing to experience the Desert lifestyle. This community offers a range of amenities including, 'multiple pools, spas, cable/Internet, trash, water, roof maintenance, club house and common area upkeep. A Palm Springs property is waiting for you. Don't miss out.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•0.9mi
4/10
Raymond Cree Middle School
Public,•6-8•1.6mi
4/10
Desert Learning Academy
Public,•K-12•0.9mi
6/10
Palm Springs High School
Public,•9-12•1.0mi
Condition Rating
Good
Built in 1981, this condo has undergone significant and recent updates, making it move-in ready. The kitchen features modern white cabinetry, new stainless steel appliances (range, microwave), and contemporary marble-look quartz countertops and backsplash. New light wood-look laminate flooring extends throughout the main living areas and bedrooms, providing a fresh, modern aesthetic. While some elements like the wet bar and possibly parts of the bathrooms (e.g., shower tile) appear to be older or only partially updated, the most impactful areas have been extensively renovated. The property is clean, well-maintained, and requires no immediate renovations, aligning well with the 'Good' condition criteria.
Pros & Cons
Pros
Prime Location: Strategically located within the exclusive gated Caballeros Estates, offering convenient and immediate access to downtown Palm Springs' vibrant attractions, including the Spa/Casino, diverse restaurants, and shopping.
Extensive Community Amenities: The community provides a resort-like lifestyle with multiple pools, spas, a clubhouse, and comprehensive HOA coverage including cable/Internet, trash, water, roof maintenance, and common area upkeep, reducing owner responsibilities.
Private Outdoor Spa Access: The property features a private rear area with direct access to a spa, enhancing the desirable desert lifestyle experience for residents.
Gated Community Security: Being part of an exclusive gated community offers enhanced security and a sense of privacy, appealing to buyers seeking a secure and tranquil environment.
Desirable Features: The condo includes appealing interior features such as an open kitchen, a convenient wet bar, and a cozy gas fireplace, adding comfort and entertainment value.
Cons
High Monthly HOA Fees: The substantial monthly association fee of $593, while inclusive of many services, represents a significant ongoing cost that could impact affordability for some potential buyers.
Property Age: Built in 1981, the property is over 40 years old, which may imply dated interior finishes or systems that could require future renovation or modernization to meet contemporary tastes.
Recent Price Reduction: The recent price reduction from $349,000 to $344,000 could suggest a longer time on the market or an initial overpricing, potentially raising questions for buyers regarding the property's true market value.