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2950 E Escoba Dr. Unit I, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

2950 E Escoba Dr. Unit I, Palm Springs, California 92264 home-pic-0
ACTIVE$495,000
2950 E Escoba Dr. Unit I, Palm Springs, California 92264
2Beds
2Baths
1,232Sqft
2,400Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Land Ownership: The property includes land ownership, a significant advantage in Palm Springs, eliminating land lease concerns and enhancing long-term value.
Top Cons:
High Monthly HOA Fees: The $675 monthly HOA fee, while inclusive of many services, represents a substantial ongoing cost that could impact affordability for some buyers.

Compared to the nearby listings

Price:$495.0K vs avg $442.4K (+$52,550)62%
Size:1,232 sqft vs avg 1,307 sqft44%
Price/sqft:$402 vs avg $34071%

More Insights

Built in 1985 (40 years old).
Condition: Built in 1985, this property benefits from recent updates to critical systems including the AC unit, main electrical panel, and water heater 'a few years ago,' ensuring major components are functional and within their expected lifespan. The kitchen has received partial updates with new countertops, backsplash, and a wine refrigerator, though the cabinets and sink retain an older style. The property is freshly painted and appears move-in ready with well-maintained tile flooring throughout. While some cosmetic elements reflect its age, the significant functional updates and overall upkeep place it firmly in 'Good' condition, requiring no immediate major renovations.
Year Built
1985
Close
-
List price
$495K
Original List price
$495K
Price/Sqft
$402
HOA
$675
Days on market
-
Sold On
-
MLS number
219134638PS
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

YOU OWN THE LAND(NO LAND LEASE)!!!! Welcome to The Pointe, a beautiful community with magnificent grounds surrounded by mountain views. A boutique retreat in the coveted Los Compadres neighborhood of South Palm Springs. This end unit is like a private single-family home with two large bedrooms, walk-in primary closet, dining area, separate laundry room/office, a private patio, plus an ATTACHED TWO CAR GARAGE with an abundance of storage cabinets and a Tesla Wall Charger. Step inside to enjoy this light and bright condo with a vaulted ceiling. The open concept offers a fantastic space to relax or gather with friends and family. Enjoy the cozy fireplace inside the freshly painted family room. All three sides of this end unit provide mountain views from the family room, dining room, and both large bedrooms. The windows are perfectly accented with plantation shutters. The spacious laundry room is conveniently located and offers ample space for a home office or den. The kitchen countertops and backsplash have been updated with Concretta FS, along with a new wine refrigerator. Step outside with privacy to unwind in your enclosed and secluded patio that allows for an option to lower the lush Ficus hedge for unobstructed mountain views. The main electrical panel, the AC unit, and the water heater have been updated a few years ago. The HOA includes the Roof, Earthquake Insurance, Built in Fire Sprinkler System, Exterior Paint, Trash, Exterior Exterminator, Gated Community, Common Area Grounds, Tennis Courts, Pickleball Courts, HUGE swimming pool and in-ground spa. Impressive long driveway was redone with high quality pavers and plenty of guest parking. Walking distance to Smoketree Shopping Center, grocery stores and restaurants.Quiet Community, Wonderful Condo, Perfect Location. Welcome to your new home!

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•1.5mi
4/10
Raymond Cree Middle School
Public,•6-8•3.2mi
4/10
Desert Learning Academy
Public,•K-12•1.1mi
6/10
Palm Springs High School
Public,•9-12•1.2mi
Condition Rating
Good
Built in 1985, this property benefits from recent updates to critical systems including the AC unit, main electrical panel, and water heater 'a few years ago,' ensuring major components are functional and within their expected lifespan. The kitchen has received partial updates with new countertops, backsplash, and a wine refrigerator, though the cabinets and sink retain an older style. The property is freshly painted and appears move-in ready with well-maintained tile flooring throughout. While some cosmetic elements reflect its age, the significant functional updates and overall upkeep place it firmly in 'Good' condition, requiring no immediate major renovations.
Pros & Cons

Pros

Land Ownership: The property includes land ownership, a significant advantage in Palm Springs, eliminating land lease concerns and enhancing long-term value.
Prime Location & Mountain Views: Located in the coveted Los Compadres neighborhood of South Palm Springs, offering magnificent mountain views from multiple rooms and walking distance to shopping and dining.
Comprehensive HOA Amenities & Inclusions: The HOA provides extensive benefits including roof, earthquake insurance, exterior maintenance, gated community, and resort-style amenities like a huge pool, spa, tennis, and pickleball courts.
Key System Updates: Recent updates to the main electrical panel, AC unit, and water heater mitigate common concerns associated with properties of this age.
Private & Upgraded Features: An end unit offering a private single-family home feel, an enclosed patio, an attached two-car garage with a Tesla charger, and an updated kitchen with a wine refrigerator.

Cons

High Monthly HOA Fees: The $675 monthly HOA fee, while inclusive of many services, represents a substantial ongoing cost that could impact affordability for some buyers.
Condominium Living Limitations: Despite its private feel, as a condominium, the property is subject to HOA rules and potential shared wall noise, which may limit personal autonomy compared to a detached home.
Property Age (Potential for Further Updates): Built in 1985, and while major systems are updated, other elements of the property may still reflect its age and could require future cosmetic or functional updates.

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