505 N Camino Real, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 4 bath

505 N Camino Real, Palm Springs, California 92262 home-pic-0
ACTIVE$2,495,000
505 N Camino Real, Palm Springs, California 92262
4Beds
4Baths
3,428Sqft
13,504Lot

Price Vs. Estimate

The estimated value ($2,495,000) is $0 (0%) lower than the list price ($2,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Located in the iconic Movie Colony area of Palm Springs, offering convenient access to the vibrant city center, popular restaurants, nightlife, and the international airport.
Top Cons:
Property Age: Built in 1980, which may imply older core infrastructure or systems that could require updates or lead to higher maintenance costs, despite aesthetic modernizations.

Compared to the nearby listings

Price:$2.50M vs avg $925.0K (+$1,570,000)93%
Size:3,428 sqft vs avg 2,100 sqft93%
Price/sqft:$728 vs avg $49185%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, this property has clearly undergone an extensive, high-quality renovation within the last 5-10 years, bringing it to current modern standards. The kitchen features sleek flat-panel cabinetry, light quartz countertops with a waterfall island, white subway tile backsplash, and high-end stainless steel appliances. All bathrooms are equally modern, showcasing dark flat-panel vanities, contemporary fixtures, large format tile, and walk-in showers with glass enclosures. The entire interior boasts consistent light-colored tile flooring, recessed lighting, and a clean, minimalist aesthetic. The outdoor living spaces, including the pool, spa, and outdoor kitchen, are also impeccably updated and modern. All visible components appear new or virtually new, indicating no deferred maintenance.
Year Built
1980
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$728
HOA
-
Days on market
-
Sold On
-
MLS number
219137141DA
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Welcome to your LIFESTYLE dream home in the iconic Movie Colony area of Palm Springs. This 4-bedroom, 4-bathroom residence offers a stylish, modern living space, custom-designed for both relaxation and entertainment. Nestled on a large corner lot, this property boasts exceptional mountain views and an expansive outdoor entertainment patio, citrus trees and lawn area. Step inside to discover an open great room where the kitchen, dining, and living areas seamlessly blend, highlighted by a gas wood burning fireplace. The open u-shape kitchen counter surrounding a standalone center island is a chef's dream providing ample space for culinary creativity including a casual breakfast/dining counter. Two primary bedrooms with private bathroom ensuites offering luxurious retreats with direct access to the pool and shaded outdoor patio, while two additional guest bedrooms offer adjoining full-suite bathrooms affording comfort and flexibility for family and visitors. Outdoor living, entertaining in the Palm Springs lifestyle with a sparkling pool, relaxing spa, accented by a stone wall feature waterfall and firepit perfect for gatherings under the starlit desert sky. The outdoor cooking center invites dining year-round. Parking is a breeze with a 2-bay garage plus additional open parking space for guests. The home's well-designed layout includes a laundry room with 2 sets of washers and dryers and an adjacent private large storage room. Conveniently located near the vibrant Palm Springs city center, popular restaurants, nightlife and Palm Springs International Airport, this home is your private oasis in the heart of the desert. This is the opportunity to make this spectacular property your own.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-81.0mi
6/10
Palm Springs High School
Public,9-121.4mi
4/10
Desert Learning Academy
Public,K-121.4mi
Condition Rating
Excellent

Despite being built in 1980, this property has clearly undergone an extensive, high-quality renovation within the last 5-10 years, bringing it to current modern standards. The kitchen features sleek flat-panel cabinetry, light quartz countertops with a waterfall island, white subway tile backsplash, and high-end stainless steel appliances. All bathrooms are equally modern, showcasing dark flat-panel vanities, contemporary fixtures, large format tile, and walk-in showers with glass enclosures. The entire interior boasts consistent light-colored tile flooring, recessed lighting, and a clean, minimalist aesthetic. The outdoor living spaces, including the pool, spa, and outdoor kitchen, are also impeccably updated and modern. All visible components appear new or virtually new, indicating no deferred maintenance.
Pros & Cons

Pros

Prime Location: Located in the iconic Movie Colony area of Palm Springs, offering convenient access to the vibrant city center, popular restaurants, nightlife, and the international airport.
Extensive Outdoor Living: Features an expansive outdoor entertainment patio with a sparkling pool, relaxing spa, stone wall waterfall, firepit, and an outdoor cooking center, perfect for gatherings.
Spacious & Flexible Layout: A 4-bedroom, 4-bathroom residence with two primary suites offering direct pool access and two additional guest bedrooms with adjoining full-suite bathrooms, providing comfort and flexibility.
Modern Interior Design: Boasts a stylish, modern living space with an open great room, a chef's dream kitchen featuring a center island, and a gas wood burning fireplace.
Desirable Views & Lot: Situated on a large corner lot with exceptional mountain views, enhancing the property's appeal and value.

Cons

Property Age: Built in 1980, which may imply older core infrastructure or systems that could require updates or lead to higher maintenance costs, despite aesthetic modernizations.
High Maintenance Potential: The extensive outdoor amenities, including a large lot, pool, spa, and landscaping, suggest significant ongoing maintenance and utility expenses.
Unspecified HVAC Efficiency: In a desert climate like Palm Springs, the description does not specify the age or efficiency of the cooling system, which could be a concern for energy costs and comfort given the 1980 build year.

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