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48600 Coyote Road, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

48600 Coyote Road, Palm Desert, California 92260 home-pic-0
ACTIVE$1,999,000
48600 Coyote Road, Palm Desert, California 92260
3Beds
2Baths
1,900Sqft
151,589Lot
Year Built
1958
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,052
HOA
-
Days on market
-
Sold On
-
MLS number
219127024DA
Home ConditionFair
Features
Excellent View: City Lights, Canyon, Hills, Mountain(s), Panoramic, Valley
Patio
ViewCity Lights,Canyon,Hills,Mountain(s),Panoramic,Valley

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.00M(88th), sqft - 1900(38th), beds - 3(50th), baths - 2(38th).

'Discover an unparalleled sanctuary within the prestigious Cahuilla Hills. This expansive 3.5-acre estate offers breathtaking panoramic vistas of the San Bernardino and snow-capped Santa Rosa Mountains, a daily spectacle that transforms with the shifting light. The residence, featuring a comfortable living and dining area, a welcoming fireplace, and a functional kitchen, presents a unique opportunity for both immediate occupancy and personalized renovation. Every window, from the living spaces to the garage, frames the captivating natural beauty that surrounds this exceptional property. Immerse yourself in the tranquility of this secluded haven, where the sounds of nature create an atmosphere of serenity. This is a rare chance to own a piece of paradise in one of the region's most coveted locations.'

Nearby schools

7/10
Palm Desert High School
Public,•9-12•4.5mi
Condition Rating
Fair
Built in 1958, this property is functional and appears to be maintained, but the interior is significantly dated. The kitchen features older white cabinets, laminate countertops, and outdated white/black appliances. Bathrooms also show dated fixtures, vanities, and tile work. While livable, the home requires substantial renovation to modernize its style and components, aligning with the 'Fair' category's description of an aged but maintained home with functional but outdated major components.
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 = 151589, living area = 1900.
Panoramic Mountain Views: The property offers breathtaking panoramic vistas of the San Bernardino and snow-capped Santa Rosa Mountains from every window, providing a dynamic natural spectacle.
Expansive 3.5-Acre Estate: An exceptionally large 3.5-acre lot provides unparalleled privacy, ample space, and significant potential for further development or extensive landscaping.
Prestigious & Secluded Location: Situated within the highly coveted Cahuilla Hills, the property offers a tranquil, secluded sanctuary in one of Palm Desert's most prestigious communities.
Significant Renovation Potential: The residence presents a unique opportunity for personalized renovation, allowing a buyer to modernize and customize the home to their exact preferences and maximize future value.
Diverse Scenic Vistas: Beyond mountain views, the property boasts a wide array of captivating vistas including city lights, canyons, hills, and valleys, enhancing its overall aesthetic appeal.

Cons

Dated Interior & Systems: Built in 1958, the property likely requires significant updates to its interior finishes, kitchen, bathrooms, and potentially core systems to meet modern standards and buyer expectations.
Modest Home Size for Acreage: The 1900 sqft residence is relatively modest in size for an expansive 3.5-acre estate, which may necessitate future expansion for buyers seeking larger living spaces.
Potential Overpricing Relative to Estimation: The current listing price is approximately 5% above the property's estimated value, which may require strong justification to potential buyers regarding the land value and views.

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