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460 N Orchid Tree Lane, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

460 N Orchid Tree Lane, Palm Springs, California 92262 home-pic-0
ACTIVE$1,345,000
460 N Orchid Tree Lane, Palm Springs, California 92262
3Beds
2Baths
1,904Sqft
10,454Lot

Price Vs. Estimate

The estimated value ($1,321,157.73) is $23,842.27 (1%) lower than the list price ($1,345,000). 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 = 10454, living area = 1904.
Top Cons:
Original Construction Age: Despite extensive modern updates, the property's original build year of 1972 means the underlying structure is older, which might lead to concerns about unseen original systems or long-term maintenance for some buyers.

Compared to the nearby listings

Price:$1.34M vs avg $925.0K (+$420,000)76%
Size:1,904 sqft vs avg 2,096 sqft42%
Price/sqft:$706 vs avg $49183%

More Insights

Built in 1972 (53 years old).
Condition: Despite being built in 1972, this property has undergone an extensive and high-quality renovation, bringing it to a virtually new condition. The kitchen features modern white cabinetry, quartz countertops, a large island, and stainless-steel appliances, all appearing brand new. Bathrooms are equally updated with contemporary tiling, fixtures, and vanities. Major systems like HVAC are new, and significant upgrades such as paid solar, EV charger, and redesigned outdoor living spaces further enhance its modern appeal and functionality. The overall aesthetic is current and luxurious, indicating a full recent renovation.
Year Built
1972
Close
-
List price
$1.34M
Original List price
$1.45M
Price/Sqft
$706
HOA
-
Days on market
-
Sold On
-
MLS number
219137079DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Bold design elements and thoughtful updates define this vibrant Palm Springs retreat where sophistication meets comfort. Behind a new privacy wall and motorized gate, the residence reveals multiple entertaining areas, abundant natural light, and an effortless indoor-outdoor connection that also captures beautiful mountain views. The open layout links the living room to an expansive kitchen with quartz surfaces, a massive island, and stainless-steel appliances--an inviting space for cooking, dining, and gathering. Modern improvements include new HVAC systems, paid solar system with additional battery storage, an EV charger, and upgraded pool equipment with heater for energy-efficient living. The resort-style backyard has been redesigned with an added spa, a relocated fire pit, a barbecue station, and a huge wide pergola covering the patio with integrated lighting for relaxing or hosting gatherings. Three well-sized bedrooms, including a serene primary suite with stylish touches, provide privacy and comfort. Additional upgrades such as newer patio doors in the dining area, newer patio doors in all three bedrooms, epoxy-finished garage flooring, upgraded exterior lighting, and professionally designed desert landscaping enhance the home's aesthetic, comfort, and long-term value. Furnishings are negotiable outside escrow per the Seller Inventory List. The residence has a very successful STR track record.

Condition Rating
Excellent
Despite being built in 1972, this property has undergone an extensive and high-quality renovation, bringing it to a virtually new condition. The kitchen features modern white cabinetry, quartz countertops, a large island, and stainless-steel appliances, all appearing brand new. Bathrooms are equally updated with contemporary tiling, fixtures, and vanities. Major systems like HVAC are new, and significant upgrades such as paid solar, EV charger, and redesigned outdoor living spaces further enhance its modern appeal and functionality. The overall aesthetic is current and luxurious, indicating a full recent renovation.
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 = 10454, living area = 1904.
Extensive Modern Upgrades & Energy Efficiency: The property boasts significant modern improvements including new HVAC systems, a paid solar system with battery storage, an EV charger, and upgraded pool equipment, ensuring energy-efficient living and reduced utility costs.
Resort-Style Outdoor Living: The redesigned backyard features a spa, relocated fire pit, barbecue station, and a large pergola with integrated lighting, creating an ideal setting for relaxation and entertaining.
Successful Short-Term Rental (STR) Track Record: The residence has a proven and successful short-term rental history, offering a strong income-generating opportunity for potential investors or those looking to offset ownership costs.
Updated Interior & Open Concept: An open layout connects the living room to an expansive kitchen with quartz surfaces, a massive island, and stainless-steel appliances, complemented by abundant natural light and bold design elements.
Enhanced Privacy, Security & Mountain Views: A new privacy wall and motorized gate provide security and seclusion, while the property also offers beautiful mountain views, enhancing its appeal and lifestyle.

Cons

Original Construction Age: Despite extensive modern updates, the property's original build year of 1972 means the underlying structure is older, which might lead to concerns about unseen original systems or long-term maintenance for some buyers.
Price Reduction History: The property has undergone multiple price reductions since its initial listing, which could suggest an initial overvaluation or a longer time on the market, potentially influencing buyer perception or negotiation strategy.
Furnishings Not Included: Furnishings are negotiable outside of escrow, meaning they are not included in the list price and require a separate agreement, which adds an extra layer of complexity for buyers seeking a fully turnkey property.

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