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482 Paragon Loop, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath

482 Paragon Loop, Palm Springs, California 92262 home-pic-0
ACTIVE$849,000
482 Paragon Loop, Palm Springs, California 92262
2Beds
3Baths
1,558Sqft
Lot

Price Vs. Estimate

The estimated value ($849,000) is $0 (0%) lower than the list price ($849,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Fee Land: Strategically located minutes from both Uptown and Downtown Palm Springs, within a gated community, and on highly desirable fee land (no lease), enhancing long-term value and appeal.
Top Cons:
Compact Square Footage: At 1558 sqft for a 2-bedroom plus den layout, the living space may be considered modest for some buyers, potentially limiting appeal to those seeking larger homes.

Compared to the nearby listings

Price:$849.0K vs avg $925.0K ($-76,000)41%
Size:1,558 sqft vs avg 2,096 sqft25%
Price/sqft:$545 vs avg $49159%

More Insights

Built in 2018 (7 years old).
Condition: Built in 2018, this property is virtually new and boasts extensive modern upgrades. The kitchen features contemporary dark cabinetry, stainless steel appliances, a large island with designer pendant lighting, and polished concrete floors. Bathrooms are equally modern with floating vanities, sleek fixtures, and spacious walk-in showers with subway tile. The home includes high-end features like owned solar panels, energy-efficient systems, a tankless water heater, whole-house water softener, and a comprehensive security system, indicating no deferred maintenance and meeting current quality standards.
Year Built
2018
Close
-
List price
$849K
Original List price
$885K
Price/Sqft
$545
HOA
$315
Days on market
-
Sold On
-
MLS number
25582651PS
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Prime location minutes from both Uptown and Downtown Palm Springs, ideal for full-time living or seasonal use, at ICON, a gated community of homes on Fee Land (no Lease) . PRIVATE pool and spa, 2 beds, den/office, 3 baths, attached 2 car garage with direct access. Open-concept kitchen centered around an island, polished concrete floors throughout. Soaring 10-ft ceilings lend a spacious, modern feel. Second floor/upstairs bedrooms are dual suites, with 9-ft ceilings, each suite features walk-in closets and private balconies with views. Upstairs utility/laundry room equipped with a utility sink. Interior upgrades: custom window treatments throughout, designer lighting: sconces/chandeliers/pendants/recessed throughout, and designer kitchen faucets. Equipped with owned solar panels, built with radiant barrier roofing, enhanced attic/ wall insulation, and dual-glazed Low-E windows. Tankless water heater, drought tolerant landscape with drip irrigation and custom exterior lightning. Energy-efficient heating/cooling systems, ceiling fans. Additional comfort upgrades: whole-house water softener, reverse-osmosis system at the kitchen faucet, new locks on outdoor gates and front door keyless entry with Touch ID and code accessible. Full security system from Vivint and additional CAT9 security cameras with DVR . Epoxy finished garage floor. All on fee land (no lease) with low hoa fees.

Condition Rating
Excellent
Built in 2018, this property is virtually new and boasts extensive modern upgrades. The kitchen features contemporary dark cabinetry, stainless steel appliances, a large island with designer pendant lighting, and polished concrete floors. Bathrooms are equally modern with floating vanities, sleek fixtures, and spacious walk-in showers with subway tile. The home includes high-end features like owned solar panels, energy-efficient systems, a tankless water heater, whole-house water softener, and a comprehensive security system, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Prime Location & Fee Land: Strategically located minutes from both Uptown and Downtown Palm Springs, within a gated community, and on highly desirable fee land (no lease), enhancing long-term value and appeal.
Exceptional Energy Efficiency: Equipped with owned solar panels, radiant barrier roofing, enhanced insulation, dual-glazed Low-E windows, and energy-efficient heating/cooling systems, significantly reducing utility costs.
Private Luxury Amenities: Features a private pool and spa, offering exclusive outdoor living and entertainment options, a key draw for the Palm Springs market.
Modern Design & Upgrades: Boasts an open-concept kitchen with an island, polished concrete floors, soaring 10-ft ceilings, custom window treatments, and designer lighting, providing a contemporary and upscale living environment.
Advanced Security & Comfort Systems: Includes a full Vivint security system with CAT9 cameras, keyless entry with Touch ID, whole-house water softener, and reverse-osmosis system, ensuring enhanced safety and convenience.

Cons

Compact Square Footage: At 1558 sqft for a 2-bedroom plus den layout, the living space may be considered modest for some buyers, potentially limiting appeal to those seeking larger homes.
Specific Flooring Preference: The polished concrete floors throughout, while modern, may not appeal to all buyers due to their perceived hardness, coolness, or aesthetic preference compared to other flooring options.
Recent Price Reduction: A recent price reduction from $885,000 to $849,000 could suggest initial overpricing or a need to stimulate buyer interest, potentially impacting perceived value.

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