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3534 Penny Lane, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath

3534 Penny Lane, Palm Springs, California 92262 home-pic-0
ACTIVE$499,999
3534 Penny Lane, Palm Springs, California 92262
2Beds
3Baths
1,387Sqft
1,100Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Mountain Views: The property offers 'great views' and 'breathtaking view-enjoying' of the mountains from multiple vantage points, significantly enhancing its appeal and value.
Top Cons:
Potential for Aesthetic Updates: The description notes 'Don't let the current owner's personal flair cloud your vision,' suggesting the current decor may require immediate personalization or updates to suit a buyer's taste.

Compared to the nearby listings

Price:$500.0K vs avg $338.0K (+$161,999)72%
Size:1,387 sqft vs avg 1,068 sqft81%
Price/sqft:$360 vs avg $34856%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The kitchen features stainless steel appliances, dark wood cabinetry, and dark granite countertops with a mosaic tile backsplash, all appearing well-maintained and functional, though the style reflects its original build year rather than a recent, extensive renovation. The main living areas boast expansive gray tile flooring, and the overall modern architecture with high ceilings and large windows provides a solid foundation. While the current owner's decor is eclectic, the property's 'amazing bones' and well-kept systems make it move-in ready with no immediate renovation required, aligning perfectly with the 'Good' condition criteria.
Year Built
2007
Close
-
List price
$500K
Original List price
$525K
Price/Sqft
$360
HOA
$531
Days on market
-
Sold On
-
MLS number
219131162DA
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Great views and a prime location. Plus, a secluded back yard ready made for cool evenings by the fireplace. Modern Desert Dream in Palm Springs -- Style, Sun & Sophistication. Welcome to your private oasis in the heart of Palm Springs -- a modern townhome blending sleek design with sexy comfort. Think: expansive decorative gray tile underfoot, custom kitchen and baths made for entertaining, and views that practically flirt with you from every window. Slide into serenity with a lush green patio perfect for sun-kissed brunches or moonlit cocktails. Upstairs? A spacious, private balcony just waiting for breathtaking view-enjoying lounging or impromptu happy hours. Or, keep the dreamy loft-style library/office -- ideal for your morning espresso or journaling your poolside reflections. Bonus perks include a private, stacked laundry (because who wants to share?), and an attached garage for your convertible -- or just extra storage for pool floaties and fabulous hats. Don't let the current owner's personal flair cloud your vision -- this townhome has amazing bones and is ready for your own touch of glam. Once it's yours, you'll wonder how you ever lived without it. Come see it. Come feel it. Come fall in love. This isn't just a home -- it's your Palm Springs fantasy made real.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•1.3mi
6/10
Palm Springs High School
Public,•9-12•3.3mi
4/10
Desert Learning Academy
Public,•K-12•3.4mi
Condition Rating
Good
Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The kitchen features stainless steel appliances, dark wood cabinetry, and dark granite countertops with a mosaic tile backsplash, all appearing well-maintained and functional, though the style reflects its original build year rather than a recent, extensive renovation. The main living areas boast expansive gray tile flooring, and the overall modern architecture with high ceilings and large windows provides a solid foundation. While the current owner's decor is eclectic, the property's 'amazing bones' and well-kept systems make it move-in ready with no immediate renovation required, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Panoramic Mountain Views: The property offers 'great views' and 'breathtaking view-enjoying' of the mountains from multiple vantage points, significantly enhancing its appeal and value.
Prime Palm Springs Location: Situated as a 'private oasis in the heart of Palm Springs' within the desirable Palermo subdivision, offering convenience and a sought-after lifestyle.
Modern & Upgraded Interiors: Features 'sleek design,' 'expansive decorative gray tile underfoot,' and 'custom kitchen and baths,' providing a contemporary and stylish living environment.
Private Outdoor Living Spaces: Includes a 'secluded back yard ready made for cool evenings by the fireplace,' a 'lush green patio,' and a 'spacious, private balcony' for relaxation and entertaining.
Functional Amenities & Layout: Offers a 'dreamy loft-style library/office,' private stacked laundry, and an attached garage, adding significant convenience and utility.

Cons

Potential for Aesthetic Updates: The description notes 'Don't let the current owner's personal flair cloud your vision,' suggesting the current decor may require immediate personalization or updates to suit a buyer's taste.
High Monthly Association Fees: A significant association fee of $531.0 per month adds to the overall cost of ownership, which could be a deterrent for some buyers.
Limited Lot Size: With a lot size of 1100 sqft, the property offers minimal private outdoor land, which might not appeal to buyers seeking larger yards or more extensive outdoor space.

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