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425 Suave Lane, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath

425 Suave Lane, Palm Springs, California 92262 home-pic-0
ACTIVE$1,219,000
425 Suave Lane, Palm Springs, California 92262
2Beds
3Baths
2,151Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($1,288,990.865) is $69,990.865 (5%) higher than the list price ($1,219,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the heart of downtown Palm Springs, offering unparalleled convenience to restaurants, shops, and all local amenities.
Top Cons:
Compact Lot Size: The lot size of 4,356 sqft (0.1 acre) is relatively small for a single-family residence, offering limited additional outdoor space beyond the pool area.

Compared to the nearby listings

Price:$1.22M vs avg $925.0K (+$294,000)68%
Size:2,151 sqft vs avg 2,100 sqft51%
Price/sqft:$567 vs avg $49164%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this property is only 7 years old and falls well within the 'built within 10 years' criteria for an excellent rating. The home features a modern, high-end kitchen with sleek dark cabinetry, quartz countertops, and top-of-the-line stainless steel KitchenAid appliances, including a built-in double oven and gas cooktop. Bathrooms are equally contemporary with modern vanities, dual sinks, large mirrors, and stylish tiling in the walk-in shower and around the soaking tub. The property boasts recent significant upgrades such as owned solar panels, dual variable speed Trane heat pumps, an electric car charger, and a tankless water heater, indicating superior maintenance and modern functionality. Flooring is a mix of pristine tile and clean carpeting, and light fixtures are modern throughout. There is no visible wear and tear, and all components appear virtually new, meeting current quality standards.
Year Built
2017
Close
-
List price
$1.22M
Original List price
$1.22M
Price/Sqft
$567
HOA
$328.6
Days on market
-
Sold On
-
MLS number
219137194PS
Home ConditionExcellent
Features
Good View:
Deck
Pool
Spa
Patio
View-

About this home

The perfect blend of indoor/outdoor living in this modern home located in the heart of downtown Palm Springs! Convenient to restaurants, shops, and all that downtown has to offer. SOL is a gated community of 46 private residences. The home's contemporary design features an open floor plan with expansive walls of glass and collapsing doors, seamlessly merging your entertaining spaces making it ideal for gatherings. Step inside to soaring ceilings and natural light. The kitchen is a standout with its oversized island, bar seating, ample cabinetry, and sleek quartz countertops. The home has two Primary Suites--one on each level--providing excellent separation and privacy. The upstairs loft offers versatile space that can serve as a sitting area, home office, or personal gym. Outside, enjoy your private pool and spa area, complete with a cozy outdoor fireplace for those cooler Palm Springs evenings. Recent upgrades include owned solar panels, dual variable speed Trane heat pumps, an electric car charger, a tankless water heater, pool pavers, Pentair Wi-Fi equipment, a Culligan water softener, remote electric shades, and enhanced landscaping with lighting. Combining luxury, functionality, and modern design.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.2mi
6/10
Palm Springs High School
Public,•9-12•1.2mi
4/10
Desert Learning Academy
Public,•K-12•1.2mi
Condition Rating
Excellent
Built in 2017, this property is only 7 years old and falls well within the 'built within 10 years' criteria for an excellent rating. The home features a modern, high-end kitchen with sleek dark cabinetry, quartz countertops, and top-of-the-line stainless steel KitchenAid appliances, including a built-in double oven and gas cooktop. Bathrooms are equally contemporary with modern vanities, dual sinks, large mirrors, and stylish tiling in the walk-in shower and around the soaking tub. The property boasts recent significant upgrades such as owned solar panels, dual variable speed Trane heat pumps, an electric car charger, and a tankless water heater, indicating superior maintenance and modern functionality. Flooring is a mix of pristine tile and clean carpeting, and light fixtures are modern throughout. There is no visible wear and tear, and all components appear virtually new, meeting current quality standards.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of downtown Palm Springs, offering unparalleled convenience to restaurants, shops, and all local amenities.
Modern Design & Indoor/Outdoor Flow: Features a contemporary open floor plan with expansive walls of glass and collapsing doors, seamlessly blending interior and exterior living spaces, complemented by soaring ceilings and abundant natural light.
Extensive Recent Upgrades & Smart Home Features: Boasts significant recent upgrades including owned solar panels, dual variable speed Trane heat pumps, an electric car charger, tankless water heater, Culligan water softener, remote electric shades, and Pentair Wi-Fi pool equipment, enhancing efficiency and modern living.
Private Resort-Style Amenities: Includes a private pool and spa area with an outdoor fireplace, creating an exclusive oasis for relaxation and entertainment.
Gated Community & Flexible Living Spaces: Located within SOL, a secure gated community, and offers a highly functional layout with two primary suites (one on each level) and a versatile upstairs loft for various uses.

Cons

Compact Lot Size: The lot size of 4,356 sqft (0.1 acre) is relatively small for a single-family residence, offering limited additional outdoor space beyond the pool area.
Monthly HOA Fees: A monthly association fee of $328.6 adds to the recurring cost of ownership, which may be a consideration for some buyers.
Limited Bedroom Count: With only two bedrooms (two primary suites), the property may not suit larger families or those requiring more dedicated guest rooms, despite the versatile loft space.

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