47290 Rose Sage Court, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 3 bath

47290 Rose Sage Court, Palm Desert, California 92260 home-pic-0
ACTIVE$999,500
47290 Rose Sage Court, Palm Desert, California 92260
4Beds
3Baths
2,979Sqft
16,117Lot

Price Vs. Estimate

The estimated value ($733,907.745) is $265,592.255 (26%) lower than the list price ($999,500). 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 = 16117, living area = 2979.
Top Cons:
Extensive Unfinished Projects: The property has 'many unfinished projects,' indicating a need for immediate and substantial investment in time and resources for completion.

Compared to the nearby listings

Price:$999.5K vs avg $825.0K (+$174,500)67%
Size:2,979 sqft vs avg 2,165.5 sqft72%
Price/sqft:$336 vs avg $37135%

More Insights

Built in 1994 (31 years old).
Condition: The property was built in 1994, making it 30 years old. While some areas like one bathroom (Image 9) show modern renovations with new fixtures and tiling, and the kitchen has updated stainless steel appliances and granite countertops, the overall description explicitly states 'Many unfinished projects and room for expansion.' This indicates that the property is not fully move-in ready without immediate work. The mixed flooring styles and some older light fixtures also suggest a blend of updates and original or partially updated elements. The condition aligns with 'Fair' as it is aged but has received occasional updates, and major components are functional but show signs of being outdated or incomplete in certain areas.
Year Built
1994
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$336
HOA
-
Days on market
-
Sold On
-
MLS number
219131325DA
Home ConditionFair
Features
Excellent View: Desert, Hills, Mountain(s)
Pool
Patio
ViewDesert, Hills, Mountain(s)

About this home

Excellent opportunity to purchase this South Palm Desert home with no HOA | A + Location - End of quiet cul-de-sac | Large private pie shaped lot - South Facing rear yard with Mountain Views | Loads of upside and potential in this home - Many unfinished projects and room for expansion | 3 en-suite bedrooms plus 4 th bedroom / den / office |

Nearby schools

7/10
Palm Desert High School
Public,9-122.5mi
Condition Rating
Fair

The property was built in 1994, making it 30 years old. While some areas like one bathroom (Image 9) show modern renovations with new fixtures and tiling, and the kitchen has updated stainless steel appliances and granite countertops, the overall description explicitly states 'Many unfinished projects and room for expansion.' This indicates that the property is not fully move-in ready without immediate work. The mixed flooring styles and some older light fixtures also suggest a blend of updates and original or partially updated elements. The condition aligns with 'Fair' as it is aged but has received occasional updates, and major components are functional but show signs of being outdated or incomplete in certain areas.
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 = 16117, living area = 2979.
Premium Location: Situated in a highly desirable South Palm Desert area, at the end of a quiet cul-de-sac, offering enhanced privacy and reduced traffic.
No Homeowners Association (HOA): Absence of HOA fees and restrictive covenants provides greater financial flexibility and freedom for property owners.
Expansive Private Lot with Views: Features a large, private, pie-shaped lot with a south-facing rear yard, providing desirable mountain views.
Significant Upside Potential: Offers considerable potential for value appreciation and customization, ideal for buyers looking to invest in renovations and expansion.
Versatile Bedroom Configuration: Includes three en-suite bedrooms plus a fourth room suitable as a bedroom, den, or office, catering to diverse living needs.

Cons

Extensive Unfinished Projects: The property has 'many unfinished projects,' indicating a need for immediate and substantial investment in time and resources for completion.
Potential Overpricing: The current list price of $999,500 is significantly above the estimated market value of $733,907, which may deter potential buyers or necessitate a price adjustment.
Requires Capital for Realized Potential: While offering expansion opportunities, realizing this potential will require additional capital investment beyond the purchase price, as the home is not fully optimized.

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