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493 Desert Lakes Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath

493 Desert Lakes Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$479,000
493 Desert Lakes Drive, Palm Springs, California 92264
3Beds
3Baths
2,452Sqft
2,452Lot
Year Built
1972
Close
-
List price
$479K
Original List price
$479K
Price/Sqft
$195
HOA
$1,654
Days on market
-
Sold On
-
MLS number
219139637PS
Home ConditionPoor
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 4 Cons,5 Pros. Rank: price - $479.0K(60th), sqft - 2452(94th), beds - 3(73th), baths - 3(82th).

All that's missing from this expansive 3-bedroom, 3-bath residence, boasting over 2,450 sq. ft. (the largest floor-plan in the complex), is your personal touch. Located in the coveted Seven Lakes Country Club, this home has been in the same family since new! It's an end unit offering park like surroundings for maximum privacy. New electrical and a 2 car garage with bonus storage are included, for your convenience as well. Out your door, the largest of 7 Lakes' 15 tranquil pools is just steps away. Past the 24-hour guarded gate, 'The Gem of the Desert' offers a unique elevated lifestyle with its Ted Robinson-designed 18-hole executive golf course and the lively William Cody designed clubhouse waiting to welcome you to its formal dining room, casual cocktail lounge, and a terrace overlooking the waterfall-fountain. Welcome home!

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•1.8mi
4/10
Raymond Cree Middle School
Public,•6-8•3.6mi
4/10
Desert Learning Academy
Public,•K-12•1.4mi
6/10
Palm Springs High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
12/05/25
Listing
$479,000
09/30/09
Sold
$66,000
Condition Rating
Poor
Built in 1972 and described as needing a 'personal touch' and 'significant renovation,' the property's interior, particularly the kitchen, is severely outdated. The kitchen features dated white flat-panel cabinets, speckled granite countertops, mosaic tile backsplash, and fluorescent box lighting. While electrical has been updated, other major systems and aesthetics, including dated carpeting and wallpaper, require substantial rehabilitation to meet modern standards. The bathrooms are not explicitly shown but are likely in similar condition given the property's age and lack of recent renovation.
Pros & Cons

Pros

Prime Location & Community: Situated in the coveted, 24-hour guard-gated Seven Lakes Country Club in Palm Springs, offering an elevated lifestyle with a Ted Robinson-designed golf course and William Cody-designed clubhouse amenities.
Spacious & Largest Floor Plan: Boasts over 2,450 sq. ft., making it the largest 3-bedroom, 3-bath floor plan in the complex, providing ample living space.
Exceptional Privacy & Setting: As an end unit, it offers maximum privacy with park-like surroundings and mountain views.
Direct Pool Access & Resort Amenities: Located just steps from the largest of 15 tranquil pools, plus access to golf, formal dining, and a cocktail lounge within the community.
Key Infrastructure Updates & Convenience: Features new electrical and a 2-car garage with bonus storage, enhancing functionality and value.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2452, other record lot size in square feet = 2119.
Requires Significant Renovation: Described as needing 'personal touch' and being in the same family since 1972, indicating the interior likely requires substantial cosmetic and potentially functional updates to modernize.
High Monthly Association Fees: The association fee of $1,654.00 per month is a considerable ongoing expense that impacts affordability and long-term cost of ownership.
Age of Property: Built in 1972, despite some electrical updates, other major systems and finishes may be original or dated, potentially leading to future maintenance or replacement costs.

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