500 E Amado Road 519, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$485,000
500 E Amado Road 519, Palm Springs, California 92262
2Beds
2Baths
1,003Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location: The property boasts a prime location within a short distance to downtown Palm Springs, the casino, shopping, dining, and entertainment, offering unparalleled convenience and lifestyle appeal.
Top Cons:
Property Age & Potential for Interior Updates: Built in 1986, the unit's interior finishes and systems may be original or dated, potentially requiring a buyer's investment for modernization to align with contemporary preferences.
Compared to the nearby listings
Price:$485.0K vs avg $338.0K (+$147,000)72%
Size:1,003 sqft vs avg 1,068 sqft45%
Price/sqft:$484 vs avg $34890%
More Insights
Built in 1986 (39 years old).
Condition: Built in 1986, this property is 38 years old. While it appears well-maintained and clean throughout, the kitchen and bathrooms feature significantly dated elements such as tiled countertops, older appliance styles (though some appear newer), and dated light fixtures. The living area also shows older aesthetics like carpeting and a mirrored wall. The property is functional and livable but requires minor updates to modernize the key areas, aligning with the 'fair' condition criteria for properties built over 20 years ago with no major renovations since construction or renovations 15-30 years ago.
Year Built
1986
Close
-
List price
$485K
Original List price
$500K
Price/Sqft
$484
HOA
$515
Days on market
-
Sold On
-
MLS number
25583749PS
Home ConditionFair
Features
Good View: Mountain(s), Pool
Deck
ViewMountain(s), Pool
About this home
The Deauville gated community boasts beautiful grounds, three pools, tennis courts, a clubhouse, exercise room and subterranean parking. Spacious 2 bed 2 bath upper end unit condo with in-unit washer/dryer. One of the best locations in the complex, with two balconies; the larger balcony has a retractable awning for sunny days with great views of the pool and San Jacinto Mountains. This fantastic location is a short distance to downtown, the casino, shopping, dining, and entertainment. This is an all-electric complex, perfect for full-time residency or a vacation getaway. The HOA includes water, trash, grounds, pools, spas, spectrum internet including the building's exterior, and roofs.
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.2mi
4/10
Desert Learning Academy
Public,•K-12•1.3mi
6/10
Palm Springs High School
Public,•9-12•1.4mi
Condition Rating
Fair
Built in 1986, this property is 38 years old. While it appears well-maintained and clean throughout, the kitchen and bathrooms feature significantly dated elements such as tiled countertops, older appliance styles (though some appear newer), and dated light fixtures. The living area also shows older aesthetics like carpeting and a mirrored wall. The property is functional and livable but requires minor updates to modernize the key areas, aligning with the 'fair' condition criteria for properties built over 20 years ago with no major renovations since construction or renovations 15-30 years ago.
Pros & Cons
Pros
Exceptional Location: The property boasts a prime location within a short distance to downtown Palm Springs, the casino, shopping, dining, and entertainment, offering unparalleled convenience and lifestyle appeal.
Resort-Style Community Amenities: The Deauville gated community provides extensive amenities including three pools, tennis courts, a clubhouse, exercise room, and subterranean parking, fostering a luxurious and active living environment.
Premium Unit Placement & Features: As an upper end unit, it offers enhanced privacy and natural light. It features two balconies, one with a retractable awning, providing great views of the pool and San Jacinto Mountains, plus the convenience of an in-unit washer/dryer.
Comprehensive HOA Coverage: The HOA fee is highly inclusive, covering water, trash, grounds, pools, spas, Spectrum internet, the building's exterior, and roofs, which simplifies ownership and reduces potential unexpected maintenance costs.
Flexible Usage Potential: The condo is ideal for both full-time residency and as a vacation getaway, broadening its market appeal to a diverse range of buyers, including those seeking investment opportunities or a second home.
Cons
Property Age & Potential for Interior Updates: Built in 1986, the unit's interior finishes and systems may be original or dated, potentially requiring a buyer's investment for modernization to align with contemporary preferences.
Significant Monthly HOA Dues: The $515 monthly HOA fee, while comprehensive, represents a substantial recurring expense that could impact affordability or investment returns for some prospective buyers.
All-Electric System & Cooling Efficiency: As an all-electric complex in Palm Springs' hot climate, and without explicit mention of modern HVAC, there's a potential for higher utility costs associated with cooling, especially if existing systems are not energy-efficient.