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2861 Sundance Circle, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

2861 Sundance Circle, Palm Springs, California 92262 home-pic-0
ACTIVE$624,000
2861 Sundance Circle, Palm Springs, California 92262
2Beds
2Baths
1,742Sqft
4,250Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exclusive Community & Private Amenities: Part of an exclusive, gated community with only 60 single-level residences, each featuring a private pool, spa, walled yard, and two-car garage, offering exceptional privacy and a detached-home feel within a condo setting.
Top Cons:
Age of Property: Built in 1982, the property is over 40 years old. While the community is well-maintained, the individual unit's interior may require updates to meet modern buyer preferences, which is not specified in the description.

Compared to the nearby listings

Price:$624.0K vs avg $338.0K (+$286,000)88%
Size:1,742 sqft vs avg 1,068 sqft93%
Price/sqft:$358 vs avg $34855%

More Insights

Built in 1982 (43 years old).
Condition: The property, built in 1982, is well-maintained and move-in ready, but its interior design elements, particularly the kitchen cabinets and countertops, and the checkered and terracotta tile flooring, appear dated. While kitchen appliances are stainless steel and seem updated, the overall aesthetic suggests renovations that are likely 15-30 years old rather than recent. The mirrored wall in the living room further contributes to an outdated style. The property is functional and clean, but would benefit from cosmetic updates to align with current trends, fitting the 'Fair' condition criteria.
Year Built
1982
Close
-
List price
$624K
Original List price
$624K
Price/Sqft
$358
HOA
$840
Days on market
-
Sold On
-
MLS number
25505723PS
Home ConditionFair
Features
Excellent View: Mountain(s), Pool, Trees/Woods
Pool
Spa
Patio
ViewMountain(s), Pool, Trees/Woods

About this home

Nestled in the heart of Palm Springs, Sundance Resort is an exclusive gated condominium community established in 1982. Originally built for the Dallas Cowboys, this sought-after enclave consists of just 60 single-level residences, each thoughtfully designed with its own private pool and walled yard, offering an unparalleled combination of luxury and privacy.Properties in Sundance Resort are rarely available. When they hit the market, they sell quickly. The appeal lies in their single-story layout, no stairs, no neighbors above or below, plus the added convenience of a private pool and spa, a two-car garage, and ownership on fee simple land. This 2BD/2BA, 1,742 SqFt home enjoys one of the most desirable locations within the community, boasting breathtaking, unobstructed mountain views with no power lines in sight. A spacious two-car garage provides ample storage and convenience. Residents enjoy a wealth of resort-style amenities, including two tennis courts, a racquetball court, a clubhouse, a gym, and a sauna, catering to both fitness enthusiasts and those looking for relaxation. The community is designed around two expansive 10-acre parks, currently used as dog parks, providing scenic green spaces for outdoor activities. Additionally, over 7.5 acres of greenbelts enhance the serene atmosphere with well-manicured landscapes and panoramic mountain views. Sundance Resort sits on fee simple land, and the HOA dues cover earthquake insurance, roof maintenance, water, trash, common area landscaping, clubhouse access, and recreational courts. A standout feature of the community is the lack of rental restrictions, making this an excellent opportunity for investors seeking short-term rental potential in a high-demand Palm Springs location. Situated just minutes from downtown Palm Springs, residents enjoy effortless access to shopping, dining, cafes, and entertainment, while also benefiting from the tranquillity of this exclusive retreat. With its private amenities, spacious design, and prime location, Sundance Resort offers the perfect blend of luxurious desert living and investment potential.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.2mi
4/10
Raymond Cree Middle School
Public,•6-8•0.8mi
6/10
Palm Springs High School
Public,•9-12•2.8mi
4/10
Desert Learning Academy
Public,•K-12•3.0mi
Condition Rating
Fair
The property, built in 1982, is well-maintained and move-in ready, but its interior design elements, particularly the kitchen cabinets and countertops, and the checkered and terracotta tile flooring, appear dated. While kitchen appliances are stainless steel and seem updated, the overall aesthetic suggests renovations that are likely 15-30 years old rather than recent. The mirrored wall in the living room further contributes to an outdated style. The property is functional and clean, but would benefit from cosmetic updates to align with current trends, fitting the 'Fair' condition criteria.
Pros & Cons

Pros

Exclusive Community & Private Amenities: Part of an exclusive, gated community with only 60 single-level residences, each featuring a private pool, spa, walled yard, and two-car garage, offering exceptional privacy and a detached-home feel within a condo setting.
Strong Investment & Rental Potential: The community's lack of rental restrictions and high demand (properties sell quickly) make it an excellent opportunity for investors seeking short-term rental income in a prime Palm Springs location.
Comprehensive Resort-Style Amenities: Residents enjoy a wealth of shared amenities including tennis and racquetball courts, a clubhouse, gym, sauna, and access to two expansive 10-acre parks and 7.5 acres of greenbelts.
Prime Location & Unobstructed Views: Situated in the heart of Palm Springs, minutes from downtown, this specific unit boasts breathtaking, unobstructed mountain views without power lines, enhancing its aesthetic and market appeal.
Fee Simple Ownership & Extensive HOA Inclusions: The property is on fee simple land, a significant advantage for a condominium, and the HOA dues comprehensively cover earthquake insurance, roof maintenance, water, trash, common area landscaping, and recreational facilities.

Cons

Age of Property: Built in 1982, the property is over 40 years old. While the community is well-maintained, the individual unit's interior may require updates to meet modern buyer preferences, which is not specified in the description.
High Monthly HOA Dues: The monthly association fee of $840 is substantial, which, despite its comprehensive inclusions, adds a significant ongoing cost that could deter some potential buyers or impact affordability.
Condominium Structure Limitations: Despite private features, it remains a condominium, subject to HOA rules and potential for future special assessments, which may not appeal to buyers seeking complete autonomy or a detached single-family home.

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