500 E Amado Road E 512, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE$529,000
500 E Amado Road E 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 community offers a wealth of amenities including a clubhouse, fitness center, tennis courts, underground parking, and storage, providing a luxurious and convenient lifestyle.
Top Cons:
Property Age and Potential for Updates: Built in 1986, the unit is nearly 40 years old, and while functional, may require significant updates to interior finishes and systems to meet contemporary buyer expectations, as no recent renovations are explicitly mentioned.
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: Built in 1986, this property is well-maintained and functional, but its age and the style of its updates place it in the 'Fair' category. The kitchen features stainless steel appliances and granite countertops, but the white raised-panel cabinets and stacked stone backsplash appear to be from an older renovation (likely 15-30 years ago). Similarly, the bathrooms have granite vanities but feature dated Hollywood-style strip lighting, despite updated shower tiling. While move-in ready, the property shows signs of being outdated in key areas and would benefit from cosmetic updates to meet current aesthetic standards.
Year Built
1986
Close
-
List price
$529K
Original List price
$529K
Price/Sqft
$420
HOA
$515
Days on market
-
Sold On
-
MLS number
219138200PS
Home ConditionFair
Features
Good View: Mountain(s), Pool
Deck
Pool
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-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.2mi
4/10
Desert Learning Academy
Public,•K-12•1.4mi
6/10
Palm Springs High School
Public,•9-12•1.4mi
Condition Rating
Fair
Built in 1986, this property is well-maintained and functional, but its age and the style of its updates place it in the 'Fair' category. The kitchen features stainless steel appliances and granite countertops, but the white raised-panel cabinets and stacked stone backsplash appear to be from an older renovation (likely 15-30 years ago). Similarly, the bathrooms have granite vanities but feature dated Hollywood-style strip lighting, despite updated shower tiling. While move-in ready, the property shows signs of being outdated in key areas and would benefit from cosmetic updates to meet current aesthetic standards.
Pros & Cons
Pros
Resort-Style Amenities: The Deauville community offers a wealth of amenities including a clubhouse, fitness center, tennis courts, underground parking, and storage, providing a luxurious and convenient lifestyle.
Strong Rental Income Potential: The unit boasts a successful rental history and benefits from the Deauville's flexible 14-night minimum short-term rental policy, making it an attractive investment opportunity.
Comprehensive HOA Inclusions: Monthly HOA fees cover essential utilities such as cable, water, and trash, simplifying budgeting and reducing out-of-pocket expenses for residents.
Desirable Corner Unit with Dual Views: As a corner unit, it offers enhanced privacy and natural light, with north-west views from the covered patio and east views from the primary bedroom's private balcony, including mountain and pool vistas.
Architecturally Significant Community: Located in the Deauville condos, designed by the renowned architect Huge Kaptur, the property is part of a well-regarded and aesthetically pleasing development.
Cons
Property Age and Potential for Updates: Built in 1986, the unit is nearly 40 years old, and while functional, may require significant updates to interior finishes and systems to meet contemporary buyer expectations, as no recent renovations are explicitly mentioned.
High Monthly HOA Fees: The $515 monthly HOA fee, despite its inclusions, represents a substantial recurring cost that could be a barrier for some buyers or impact overall investment returns.
Uncertainty in Rental Regulations: The description advises verifying vacation rental guidelines with the city of Palm Springs, indicating potential for complex or changing regulations that could affect future short-term rental operations.