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2961 Lantana Court, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath

2961 Lantana Court, Palm Springs, California 92264 home-pic-0
ACTIVE UNDER CONTRACT$899,000
2961 Lantana Court, Palm Springs, California 92264
3Beds
3Baths
2,335Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Fee Land Ownership: A significant advantage in Palm Springs, this property is on Fee Land, meaning the buyer owns the land outright, avoiding the complexities and additional costs associated with leasehold properties.
Top Cons:
Substantial Monthly Association Fees: The monthly association fee of $756.00 is considerable, which, while covering extensive amenities, adds a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$899.0K vs avg $442.4K (+$456,550)90%
Size:2,335 sqft vs avg 1,307 sqft93%
Price/sqft:$385 vs avg $34069%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is 19 years old and falls within the 'Good' condition criteria. The kitchen features granite countertops, wood cabinetry, and stainless steel appliances, which are functional and well-maintained but reflect the style of its build year rather than a recent renovation. Similarly, the bathrooms are clean and functional with granite vanities and glass-enclosed showers, consistent with the property's age. The home is move-in ready with no immediate renovation required, boasting features like dual zone A/C, dual pane windows, recessed lighting, and a mix of ceramic tile and carpeted floors, all appearing in good condition. While the aesthetic might be considered slightly dated by some, all major systems are functional and well-maintained, indicating minimal wear and tear.
Year Built
2005
Close
-
List price
$899K
Original List price
$849K
Price/Sqft
$385
HOA
$756
Days on market
-
Sold On
-
MLS number
25611075PS
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

Palm Springs 3 bedroom 3 bath condominium, 2335 square feet of living space on FEE land (NO LEASE), full of natural light, tucked against the mountains in South Palm Springs with privacy, and views of the surrounding mountains and desert. All on one floor, vaulted ceilings, open concept living dining and kitchen areas. Primary suite with soaking tub & stall shower, 2 walk in closets, and fireplace. Two additional guest rooms (one a casita with a private entrance). Cook's kitchen with island, walk in pantry, breakfast bar and granite counter tops. Entry private gated courtyard, wrap patios with panoramic mountain views, and a 2 car attached garage. This property lives like a single family home, with generous size rooms and storage, plantation shutters, ceramic tile and carpeted floors, ceiling fans, recessed lighting, dual zone a/c, dual pane windows . The Canyon Heights community is a low density community next to the San Jacinto mountains, offering stunning panoramic views of the surrounding desert landscape, Oswit Canyon Preserve and Lykken Trail known for its natural beauty and tranquility. Amenities include gated resort style living: pool/spas, tennis & pickle-ball courts, clubhouse, fitness room, gated dog park, gated access to the Lykken hiking trail/Oswit Canyon Preserve, two golf courses nearby, & minutes to downtown Palm Springs. Perfect Palm Springs lifestyle property. Fee Land (no lease) and reasonable HOA's.

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•2.1mi
4/10
Raymond Cree Middle School
Public,•6-8•4.6mi
4/10
Desert Learning Academy
Public,•K-12•3.0mi
6/10
Palm Springs High School
Public,•9-12•3.3mi

Price History

Date
Event
Price
05/20/11
Sold
$460,000
03/16/07
Sold
$665,000
Condition Rating
Good
Built in 2005, this property is 19 years old and falls within the 'Good' condition criteria. The kitchen features granite countertops, wood cabinetry, and stainless steel appliances, which are functional and well-maintained but reflect the style of its build year rather than a recent renovation. Similarly, the bathrooms are clean and functional with granite vanities and glass-enclosed showers, consistent with the property's age. The home is move-in ready with no immediate renovation required, boasting features like dual zone A/C, dual pane windows, recessed lighting, and a mix of ceramic tile and carpeted floors, all appearing in good condition. While the aesthetic might be considered slightly dated by some, all major systems are functional and well-maintained, indicating minimal wear and tear.
Pros & Cons

Pros

Fee Land Ownership: A significant advantage in Palm Springs, this property is on Fee Land, meaning the buyer owns the land outright, avoiding the complexities and additional costs associated with leasehold properties.
Panoramic Mountain & Desert Views: Boasts stunning panoramic views of the surrounding mountains and desert from multiple vantage points, including wrap-around patios, enhancing the property's aesthetic appeal and value.
Extensive Resort-Style Community Amenities: Located within a gated, low-density community offering a wealth of amenities such as pools/spas, tennis/pickleball courts, clubhouse, fitness room, dog park, and direct access to hiking trails.
Functional & Spacious Layout with Modern Comforts: Designed to 'live like a single-family home' with 2335 sqft all on one floor, featuring an open concept, vaulted ceilings, dual zone A/C, dual pane windows, and a private casita for guests.
Prime South Palm Springs Location & Natural Access: Tucked against the San Jacinto mountains in South Palm Springs, offering privacy, tranquility, and direct gated access to the Lykken hiking trail and Oswit Canyon Preserve, while being minutes from downtown.

Cons

Substantial Monthly Association Fees: The monthly association fee of $756.00 is considerable, which, while covering extensive amenities, adds a significant recurring cost to homeownership.
Condominium Structure (Despite SFH Feel): Although designed to feel like a single-family home, it is a condominium, which may entail shared walls, adherence to HOA regulations, and less private outdoor space compared to a detached residence.
Recent Price Adjustment Upward: The listing price recently increased from $849,000 to $899,000, which could be perceived by some buyers as a less favorable market signal or require additional justification.

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