445 E San Rafael Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

445 E San Rafael Drive, Palm Springs, California 92262 home-pic-0
ACTIVE$749,000
445 E San Rafael Drive, Palm Springs, California 92262
3Beds
2Baths
1,881Sqft
12,197Lot

Price Vs. Estimate

The estimated value ($749,000) is $0 (0%) lower than the list price ($749,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Remodel: The property underwent a top-to-bottom remodel in 2023 with over $130k invested, making it a turnkey, move-in ready home with modern comforts and stylish design.
Top Cons:
Significant Price Reductions: The property has seen multiple price reductions from its original list price of $859,000 to $749,000, which might suggest initial overpricing or market resistance.

Compared to the nearby listings

Price:$749.0K vs avg $925.0K ($-176,000)29%
Size:1,881 sqft vs avg 2,096 sqft40%
Price/sqft:$398 vs avg $49030%

More Insights

Built in 1984 (41 years old).
Condition: Despite being built in 1984, this property underwent a comprehensive 'top to bottom' renovation in 2023, as explicitly stated in the listing. The images confirm a high-quality, modern aesthetic with new large-format tile flooring throughout, recessed lighting, and contemporary ceiling fans. The bathroom is fully updated with a sleek vanity, glass-enclosed shower featuring marble-look tile and modern gold fixtures. The description also highlights a 'modern kitchen with quartz countertops' and a 'new central AC,' indicating that all major components and finishes are virtually new and meet current quality standards, making it a turnkey, move-in ready home.
Year Built
1984
Close
-
List price
$749K
Original List price
$859K
Price/Sqft
$398
HOA
-
Days on market
-
Sold On
-
MLS number
TR25110652
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Welcome to your dream desert retreat! This beautifully updated 3 bedroom 2 bathroom home is located in the sought after Palm Springs area, offering the perfect blend of modern comfort and classic charm. Step into the light filled, open concept living space with clean lines, sleek finishes, and stylish design throughout. Enjoy resort style living in your private backyard oasis, complete with a sparkling pool, spacious area and stunning mountain view, perfect for entertaining or unwinding under the sun. Bright, open living and dining areas, modern kitchen and quartz countertops, beautifully landscaped yard with pool and outdoor lounge space. New central ac, convenient location near downtown Palm Springs, dining, shopping and golf. Weather you are looking for fulltime residence, vacation home, or investment property, this turnkey gem is move in ready. Don't miss your chance to own slice of paradise in Palm Springs. This house been remodeled from top to bottom in 2023. Owner spent over 130k in remodelling, you own the land and you are able to do vacation home. Price reduction, owner very motivated. This house has big , oversize room that can be converted to cassita. House is turn key.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-50.3mi
4/10
Raymond Cree Middle School
Public,6-81.1mi
6/10
Palm Springs High School
Public,9-123.1mi
4/10
Desert Learning Academy
Public,K-123.2mi
Condition Rating
Excellent

Despite being built in 1984, this property underwent a comprehensive 'top to bottom' renovation in 2023, as explicitly stated in the listing. The images confirm a high-quality, modern aesthetic with new large-format tile flooring throughout, recessed lighting, and contemporary ceiling fans. The bathroom is fully updated with a sleek vanity, glass-enclosed shower featuring marble-look tile and modern gold fixtures. The description also highlights a 'modern kitchen with quartz countertops' and a 'new central AC,' indicating that all major components and finishes are virtually new and meet current quality standards, making it a turnkey, move-in ready home.
Pros & Cons

Pros

Extensive Recent Remodel: The property underwent a top-to-bottom remodel in 2023 with over $130k invested, making it a turnkey, move-in ready home with modern comforts and stylish design.
Private Resort-Style Backyard: Features a private backyard oasis with a sparkling pool, spacious outdoor area, and stunning mountain views, ideal for entertaining and relaxation.
Modern Interior & Amenities: Boasts an open-concept living space with clean lines, sleek finishes, a modern kitchen with quartz countertops, and a new central AC system.
Versatile Investment Potential: Suitable for a full-time residence, vacation home, or investment property, with the added benefit of owning the land and being approved for vacation rentals.
Convenient Location: Situated in a sought-after Palm Springs area, offering convenient access to downtown Palm Springs, dining, shopping, and golf courses.

Cons

Significant Price Reductions: The property has seen multiple price reductions from its original list price of $859,000 to $749,000, which might suggest initial overpricing or market resistance.
Age of Original Structure: Despite the recent remodel, the home was built in 1984, which could lead to potential concerns about the condition of underlying systems (e.g., plumbing, electrical) not covered by the cosmetic updates.
Limited Bedroom Count for Rental Optimization: While an oversized room can be converted to a casita, the current 3-bedroom configuration might limit rental income potential compared to properties with more existing bedrooms or separate units, especially for a vacation rental market.

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