500 E Amado Road 512, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

500 E Amado Road 512, Palm Springs, California 92262 home-pic-0
ACTIVE$529,000
500 E Amado Road 512, Palm Springs, California 92262
2Beds
2Baths
1,259Sqft
2,178Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Resort-Style Amenities: The Deauville offers a clubhouse, fitness center, tennis courts, underground parking, and storage, providing a resort-like living experience.
Top Cons:
14-Night Rental Minimum: The 14-night minimum rental restriction may limit the property's appeal to some investors seeking shorter-term rental opportunities.

Compared to the nearby listings

Price:$529.0K vs avg $338.0K (+$191,000)78%
Size:1,259 sqft vs avg 1,068 sqft70%
Price/sqft:$420 vs avg $34873%

More Insights

Built in 1986 (39 years old).
Condition: The property was built in 1986. The kitchen has stainless steel appliances and granite countertops, but the cabinets appear dated. The bathrooms have been updated with granite countertops and newer shower doors, but the overall style is somewhat dated. The flooring appears to be a mix of tile and carpet, which is acceptable but not high-end. Overall, the property appears to be maintained but could benefit from some modern updates.
Year Built
1986
Close
-
List price
$529K
Original List price
$549K
Price/Sqft
$420
HOA
$515
Days on market
-
Sold On
-
MLS number
219130564PS
Home ConditionFair
Features
Good View: Mountain(s), Pool
Deck
Pool
Patio
ViewMountain(s), Pool

About this home

Soak up the beautiful Palm Springs sun while relaxing poolside at the resort like Deauville condos designed by architect Huge Kaptur. This corner unit offers 2 full bedrooms and two full baths, large living room, separate dining room and open kitchen. The unit faces north west with views from its covered patio and east views from the primary bedrooms private balcony. Amenities include a clubhouse to relax in, fitness center, tennis courts, underground parking and storage, plus your HOA fees cover cable, water and trash. This unit comes with a successful rental history. The Deauville offers a 14 night minimum for short term rentals. Please verify vacation rental guidelines with the city of Palm Springs.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.7mi
4/10
Raymond Cree Middle School
Public,6-81.2mi
4/10
Desert Learning Academy
Public,K-121.4mi
6/10
Palm Springs High School
Public,9-121.4mi
Condition Rating
Fair

The property was built in 1986. The kitchen has stainless steel appliances and granite countertops, but the cabinets appear dated. The bathrooms have been updated with granite countertops and newer shower doors, but the overall style is somewhat dated. The flooring appears to be a mix of tile and carpet, which is acceptable but not high-end. Overall, the property appears to be maintained but could benefit from some modern updates.
Pros & Cons

Pros

Resort-Style Amenities: The Deauville offers a clubhouse, fitness center, tennis courts, underground parking, and storage, providing a resort-like living experience.
HOA Coverage: HOA fees cover cable, water, and trash, simplifying monthly expenses for the owner.
Rental History: The unit has a successful rental history, making it an attractive investment opportunity.
Corner Unit: Being a corner unit, it likely offers more privacy and potentially better views compared to interior units.
Views: The unit offers northwest views from the covered patio and east views from the primary bedroom's private balcony, enhancing its appeal.

Cons

14-Night Rental Minimum: The 14-night minimum rental restriction may limit the property's appeal to some investors seeking shorter-term rental opportunities.
Association Fee: The monthly association fee of $515.00 could be a deterrent for some buyers.
Original List Price Reduction: The property's price has been reduced from its original list price, which could indicate challenges in the market or perceived issues with the property.

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