523 S Vista Oro, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

523 S Vista Oro, Palm Springs, California 92264 home-pic-0
ACTIVE$1,025,000
523 S Vista Oro, Palm Springs, California 92264
2Beds
2Baths
1,326Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($888,974.845) is $136,025.155 (13%) lower than the list price ($1,025,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic Charm & Unique Architecture: This Spanish-style retreat, built in 1937, boasts unique character with vaulted wood-beamed ceilings, an adobe-style fireplace, Venetian plaster walls, and bullnose corners, offering timeless appeal.
Top Cons:
Age of Property: Built in 1937, the property's age, while contributing to its charm, may imply potential for older infrastructure or higher maintenance costs not explicitly detailed in the description.

Compared to the nearby listings

Price:$1.02M vs avg $1.28M ($-253,500)36%
Size:1,326 sqft vs avg 2,172.5 sqft10%
Price/sqft:$773 vs avg $59781%

More Insights

Built in 1937 (88 years old).
Condition: Built in 1937, this property has clearly undergone significant and quality renovations, making it move-in ready. The kitchen features high-end Viking appliances and solid wood cabinetry, which, while not ultra-modern in style (e.g., granite pattern, cabinet wood tone), are well-maintained and functional. The bathrooms are clean and functional, with a glass-block accented walk-in shower that suggests a renovation likely within the last 10-15 years. The presence of owned solar is a significant modern system upgrade. Overall, the home is well-maintained with minimal wear and tear, and major systems are functional, aligning with the 'Good' condition criteria.
Year Built
1937
Close
-
List price
$1.02M
Original List price
$1.07M
Price/Sqft
$773
HOA
-
Days on market
-
Sold On
-
MLS number
25593797PS
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Spa
Patio
ViewMountain(s)

About this home

Truly UNIQUE, this tucked-away Spanish-style retreat captures the MAGIC of Palm Springs living! Located in the Warm Sands neighborhood, just minutes from downtown, this home is gated and private with fantastic curb appeal, surrounded by fountains and lush landscaping. OWNED SOLAR is another plus! Tall, vaulted, wood-beamed ceilings are a theme and the main living area opens through dual sets of French doors to patios and an oversized spa/pool (spool), perfect for relaxing year-round. The living room features an adobe style fireplace and a wet bar with beverage fridge. The beautiful kitchen is equipped with Viking appliances and solid wood cabinetry, while Venetian plaster walls and bullnose corners add timeless character throughout. The primary suite includes solar tube lighting and a glass-block accented walk-in shower. A guest suite with ensuite bath opens to a private patio framed by mountain views and mature plumeria trees. A built-in Murphy bed offers extra flexibility for hosting. Outdoors, the large spool accommodates up to ten, ideal for cooling off in summer or warming up in winter. Two exterior sheds provide plenty of storage, while gated parking allows space for two cars. This is truly a rare opportunity in one of Palm Springs' most historic and convenient neighborhoods. Eligible for the city's SHORT-TERM RENTAL permit as well! Take the Matterport Virtual Tour for a better sense of flow.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-82.0mi
4/10
Desert Learning Academy
Public,K-121.1mi
6/10
Palm Springs High School
Public,9-121.3mi
Condition Rating
Good

Built in 1937, this property has clearly undergone significant and quality renovations, making it move-in ready. The kitchen features high-end Viking appliances and solid wood cabinetry, which, while not ultra-modern in style (e.g., granite pattern, cabinet wood tone), are well-maintained and functional. The bathrooms are clean and functional, with a glass-block accented walk-in shower that suggests a renovation likely within the last 10-15 years. The presence of owned solar is a significant modern system upgrade. Overall, the home is well-maintained with minimal wear and tear, and major systems are functional, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Historic Charm & Unique Architecture: This Spanish-style retreat, built in 1937, boasts unique character with vaulted wood-beamed ceilings, an adobe-style fireplace, Venetian plaster walls, and bullnose corners, offering timeless appeal.
Prime Location & Privacy: Located in the desirable Warm Sands neighborhood, minutes from downtown Palm Springs, the property is gated, private, and surrounded by lush landscaping, enhancing its exclusivity and convenience.
Short-Term Rental Eligibility: The property is eligible for a city short-term rental permit, presenting a significant opportunity for income generation in a popular tourist destination.
Modern Upgrades & Energy Efficiency: Features include owned solar, a kitchen equipped with Viking appliances and solid wood cabinetry, a wet bar with a beverage fridge, and a versatile 'spool' (oversized spa/pool) for year-round enjoyment.
Outdoor Living & Mountain Views: Dual French doors open to inviting patios, and the guest suite offers a private patio with mountain views, creating excellent indoor-outdoor living spaces.

Cons

Age of Property: Built in 1937, the property's age, while contributing to its charm, may imply potential for older infrastructure or higher maintenance costs not explicitly detailed in the description.
Spool vs. Traditional Pool: The 'oversized spa/pool (spool)' may not fully satisfy buyers who specifically desire a full-sized swimming pool for extensive recreation or larger gatherings.
Price vs. Estimated Value: The current listing price of $1.025M is approximately 8% higher than the property's estimated value of $940,758, which could be a point of negotiation or concern for some buyers.

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