3006 N Avenida Caballeros, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath

3006 N Avenida Caballeros, Palm Springs, California 92262 home-pic-0
ACTIVE$1,525,000
3006 N Avenida Caballeros, Palm Springs, California 92262
3Beds
3Baths
2,288Sqft
14,375Lot

Price Vs. Estimate

The estimated value ($1,282,768.04) is $242,231.96 (15%) lower than the list price ($1,525,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 2288.
Top Cons:
Overpriced Relative to Market: The property's listing price is 15% higher than its estimated value, suggesting it may be overpriced compared to current market conditions and recent comparable sales.

Compared to the nearby listings

Price:$1.52M vs avg $925.0K (+$600,000)80%
Size:2,288 sqft vs avg 2,100 sqft58%
Price/sqft:$667 vs avg $49179%

More Insights

Built in 2014 (11 years old).
Condition: Built in 2014, this property is relatively new and features a contemporary design with high-end finishes throughout. The kitchen boasts modern stainless steel appliances and quartz countertops, while the bathrooms are updated with stylish fixtures and tiling, all appearing in pristine condition. The presence of owned solar panels further enhances its modern appeal and energy efficiency, indicating no deferred maintenance and meeting current quality standards.
Year Built
2014
Close
-
List price
$1.52M
Original List price
$1.52M
Price/Sqft
$667
HOA
-
Days on market
-
Sold On
-
MLS number
25528487PS
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

This Contemporary 3 bedroom/3 bath turnkey furnished home with spectacular West-facing mountain views is the perfect full-time, part-time or investment property with no HOA. The large sparkling pool/spa is the first thing greeting you as you enter the private gate. The open patio and living room blend seamlessly for the indoor/outdoor living that has become synonymous with Palm Springs. The large great room/kitchen/dining and breakfast area is an entertainer's dream. The eat in kitchen showcases quartz counters along with modern appliances. There are 2 primary en suite bedrooms and well as a generous 3rd bedroom...ALL with gorgeous mountain views. There is a spacious laundry room w/sink as well as an attached 2 car garage. This energy efficient home has OWNED SOLAR! Currently used as an income generating short term rental.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-50.3mi
4/10
Raymond Cree Middle School
Public,6-80.8mi
6/10
Palm Springs High School
Public,9-122.8mi
4/10
Desert Learning Academy
Public,K-122.9mi
Condition Rating
Excellent

Built in 2014, this property is relatively new and features a contemporary design with high-end finishes throughout. The kitchen boasts modern stainless steel appliances and quartz countertops, while the bathrooms are updated with stylish fixtures and tiling, all appearing in pristine condition. The presence of owned solar panels further enhances its modern appeal and energy efficiency, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 2288.
Income-Generating Potential: The property is currently used as an income-generating short-term rental, offering proven revenue potential for investors or buyers seeking to offset ownership costs.
Modern & Energy Efficient: Built in 2014 with a contemporary design and owned solar panels, the home offers energy efficiency and reduced utility expenses, appealing to modern buyers.
Prime Palm Springs Lifestyle: Features spectacular West-facing mountain views, a large sparkling pool/spa, and seamless indoor/outdoor living, embodying the quintessential Palm Springs experience.
No HOA Fees: The absence of Homeowners Association fees provides greater financial flexibility and fewer restrictions for the owner.
Turnkey & Well-Appointed: Offered turnkey furnished with quartz counters and modern appliances in the kitchen, and two primary en suite bedrooms, making it ready for immediate occupancy or rental.

Cons

Overpriced Relative to Market: The property's listing price is 15% higher than its estimated value, suggesting it may be overpriced compared to current market conditions and recent comparable sales.
Competitive Value Proposition: Several comparable properties offer similar or even superior features (e.g., more bedrooms, newer construction, or unique architectural significance) at a lower or similar price point, potentially making the subject property less competitive.
Limited Advanced Tech Integration: While energy-efficient, the description does not highlight advanced smart home features or EV charging, which are present in some newer comparable properties and are increasingly desired by modern buyers.

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