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3010 E Verona Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

3010 E Verona Road, Palm Springs, California 92262 home-pic-0
ACTIVE$845,000
3010 E Verona Road, Palm Springs, California 92262
3Beds
2Baths
1,700Sqft
12,632Lot
Year Built
1988
Close
-
List price
$845K
Original List price
$845K
Price/Sqft
$497
HOA
-
Days on market
-
Sold On
-
MLS number
219124773PS
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 51% below the list price. We found 3 Cons,6 Pros. Rank: price - $845.0K(40th), sqft - 1700(34th), beds - 3(50th), baths - 2(41th).

Experience the epitome of resort-style living or capitalize on a prime vacation rental opportunity with this stunningly reimagined mid-century retreat. This exquisite 3-bedroom, 2-bath residence, complete with a sparkling pool and spa, is designed to embrace the quintessential Palm Springs lifestyle.Thoughtfully renovated with an open-concept design, this home seamlessly blends modern elegance with classic mid-century charm. Expansive outdoor spaces invite relaxation and entertaining, offering the perfect setting to soak in the desert sun.This exceptional home is offered fully furnished, with only a few exclusions, making it a turnkey opportunity for those seeking a stylish retreat or a lucrative investment. Whether you envision it as a high-performing vacation rental or a private desert oasis, this property offers an unparalleled blend of sophistication, comfort, and value.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•1.5mi
7/10
Katherine Finchy Elementary School
Public,•K-5•1.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.4mi
6/10
Palm Springs High School
Public,•9-12•2.3mi
4/10
Desert Learning Academy
Public,•K-12•2.5mi
6/10
Cathedral City High School
Public,•9-12•5.0mi
Condition Rating
Excellent
This property, built in 1988, has undergone a 'stunningly reimagined' and 'thoughtfully renovated' transformation, as evidenced by the modern, open-concept design and high-quality finishes throughout. The kitchen features new black stainless steel appliances, sleek white flat-panel cabinetry, white quartz countertops, and a stylish blue penny tile backsplash, all indicative of a very recent and comprehensive update. Bathrooms, based on the visible vanity, also appear modern and updated. Polished concrete flooring extends throughout the living areas and bedrooms, providing a contemporary and durable finish. All light fixtures are modern, and the overall aesthetic is fresh and move-in ready, meeting current quality standards with no visible deferred maintenance. The description highlights it as a 'turnkey opportunity,' further supporting an excellent condition score, despite the original build year.
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 = 12632, living area = 1700.
Resort-Style Living & Vacation Rental Potential: The property is explicitly marketed for its resort-style living and prime vacation rental opportunity, appealing to both lifestyle buyers and investors.
Thoughtfully Renovated Design: The home features a thoughtfully renovated, open-concept design that blends modern elegance with classic mid-century charm.
Private Pool and Spa: A sparkling pool and spa are included, offering quintessential Palm Springs outdoor living and enhancing its appeal for relaxation and entertainment.
Turnkey & Fully Furnished: Offered fully furnished (with few exclusions), making it a convenient, turnkey option for immediate occupancy or rental operations.
Desirable Mountain Views: The property boasts desirable mountain views, a sought-after feature in the Palm Springs area.

Cons

Significant Discrepancy in Valuation: The listing price of $845,000 is substantially higher than the estimated property value of approximately $409,197, suggesting potential overpricing (estimation ratio -51%).
Age of Core Structure & Unspecified Major System Upgrades: Built in 1988, while renovated, the description does not detail upgrades to major systems (e.g., HVAC, plumbing, electrical, roof), which could imply future maintenance concerns compared to fully rebuilt or extensively upgraded comparables.
Absence of Energy Efficiency Features: The listing does not mention energy-saving features like solar panels, which are present in some comparable properties and could lead to higher utility costs in the Palm Springs climate.

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