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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$499,000
493 Desert Lakes Drive, Palm Springs, California 92264
3Beds
3Baths
2,452Sqft
2,452Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Community: Located within the exclusive, gated Seven Lakes Country Club in the heart of South Palm Springs, renowned for its timeless mid-century architecture and proximity to fine shopping, dining, and culture.
Top Cons:
Renovation Required / As-Is Sale: Described as a 'true blank canvas' and offered as a 'Trust sale' requiring extensive due diligence, indicating the property likely needs significant renovation, updates, and is sold in its current condition.

Compared to the nearby listings

Price:$499.0K vs avg $442.4K (+$56,550)63%
Size:2,452 sqft vs avg 1,307 sqft94%
Price/sqft:$204 vs avg $3381%

More Insights

Built in 1972 (53 years old).
Condition: Built in 1972, this property is a 'true blank canvas' requiring substantial rehabilitation. The interior features heavily worn and dated green carpet throughout, including in the bathroom, which is highly undesirable. While the kitchen has some newer stainless steel appliances, the cabinets, countertops, and lighting are significantly outdated. The bathrooms are in very poor condition, needing a complete overhaul. The overall aesthetic is extremely dated, making the property uncomfortable and unappealing for modern living without extensive renovations.
Year Built
1972
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$204
HOA
$1,654
Days on market
-
Sold On
-
MLS number
25581645PS
Home ConditionPoor
Features
Good View: Park/Greenbelt, Mountain(s)
Patio
ViewPark/Greenbelt, Mountain(s)

About this home

Welcome to Seven Lakes Country Club where timeless mid-century architecture meets resort-style living! Step into this expansive 3-bedroom, 3-bathroom residence, boasting 2,452 sq. ft., the largest floorplan in the complex. With its generous layout and unique design, this home is a true blank canvas. Imagine open living spaces. Seven Lakes Golf & Country Club is an exclusive, gated enclave of just 341 homes across 120 acres in the heart of south Palm Springs. Designed by celebrated architect Richard Harrison, the community blends striking mid-century modern design with sweeping views of the Ted Robinsondesigned 18-hole executive golf course. Resort-style amenities include: 24-hour staffed security gate An 18-hole, par-58 golf course (2,712 yards) An iconic William Cody designed clubhouse with restaurant & bar15 sparkling heated pools & spas 11 BBQ areas perfect for gatherings Tennis & shuffleboard courts, Low-density, lushly landscaped, and brimming with history, Seven Lakes CC offers the perfect blend of luxury, leisure, and legacy just minutes from Palm Springs' finest shopping, dining, and culture. ---- Trust sale, may or may not require court confirmation. The Seller asks that everyone sees inside of the property and does all of their own due diligence including any inspections etc. prior to submitting an offer.

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
Condition Rating
Poor
Built in 1972, this property is a 'true blank canvas' requiring substantial rehabilitation. The interior features heavily worn and dated green carpet throughout, including in the bathroom, which is highly undesirable. While the kitchen has some newer stainless steel appliances, the cabinets, countertops, and lighting are significantly outdated. The bathrooms are in very poor condition, needing a complete overhaul. The overall aesthetic is extremely dated, making the property uncomfortable and unappealing for modern living without extensive renovations.
Pros & Cons

Pros

Prime Location & Community: Located within the exclusive, gated Seven Lakes Country Club in the heart of South Palm Springs, renowned for its timeless mid-century architecture and proximity to fine shopping, dining, and culture.
Extensive Resort Amenities: Residents benefit from a comprehensive suite of resort-style amenities including 24-hour security, an 18-hole executive golf course, a William Cody-designed clubhouse with restaurant/bar, 15 heated pools/spas, 11 BBQ areas, tennis, and shuffleboard courts.
Spacious Floorplan: This residence boasts the largest floorplan in the complex at 2,452 sq. ft. with 3 bedrooms and 3 bathrooms, offering expansive living spaces and significant potential for customization.
Architectural Heritage: The property is part of a community celebrated for its striking mid-century modern design by Richard Harrison and an iconic William Cody-designed clubhouse, appealing to architectural enthusiasts.
Scenic Views: Offers sweeping views of the Ted Robinson-designed 18-hole executive golf course and majestic mountains, enhancing the property's aesthetic appeal and desirability.

Cons

Renovation Required / As-Is Sale: Described as a 'true blank canvas' and offered as a 'Trust sale' requiring extensive due diligence, indicating the property likely needs significant renovation, updates, and is sold in its current condition.
High Monthly Association Fees: The substantial monthly association fee of $1654.0 represents a significant ongoing cost that potential buyers must factor into their budget.
Age of Property: Built in 1972, the property is over 50 years old, suggesting potential for outdated systems, finishes, and deferred maintenance, which aligns with the 'blank canvas' description and the need for modernization.

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