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572 N Calle Marcus Street N, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

572 N Calle Marcus Street N, Palm Springs, California 92262 home-pic-0
ACTIVE$892,000
572 N Calle Marcus Street N, Palm Springs, California 92262
3Beds
2Baths
1,260Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($889,847.355) is $2,152.645 (0%) lower than the list price ($892,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Situated in the highly sought-after Movie Colony East, offering historic charm, a friendly community, proximity to Ruth Hardy Park, and minutes from downtown Palm Springs' dining and entertainment.
Top Cons:
Property Age: Built in 1941, the home is over 80 years old, which may imply potential for older systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance.

Compared to the nearby listings

Price:$892.0K vs avg $925.0K ($-33,000)47%
Size:1,260 sqft vs avg 2,096 sqft7%
Price/sqft:$708 vs avg $49183%

More Insights

Built in 1941 (84 years old).
Condition: Built in 1941, this property is well-maintained for its age, but the interior, particularly the kitchen and bathrooms, features significantly outdated styles and materials. The kitchen has older white appliances, white tile countertops, and dated cabinetry. Flooring throughout includes older carpet and tile. While functional and clean, these areas require substantial updates to meet current aesthetic and quality standards, aligning with a property that has not undergone a major renovation in the last 15-30 years.
Year Built
1941
Close
-
List price
$892K
Original List price
$935K
Price/Sqft
$708
HOA
-
Days on market
-
Sold On
-
MLS number
219136403DA
Home ConditionFair
Features
Good View: Mountain(s), Pool
Pool
Patio
ViewMountain(s), Pool

About this home

Experience the timeless allure of this beautifully maintained 3 bedroom, 2 bath bungalow in the much sought-after Movie Colony East neighborhood in Palm Springs. From the moment you enter, you're greeted by a warm, inviting ambiance featuring a cozy fireplace, tongue and groove wood ceilings, a custom designed mirror and elegant mirrored shelving in the artfully decorated living room.Take in stunning mountain views framed by lush, manicured landscaping that offers a true sense of peace and privacy. Whether you are relaxing with a good book or sipping your favorite cocktail at sunset, the desert backdrop provides the perfect setting. Step outside into your own private oasis, complete with a sparkling aqua-blue pool ideal for cooling off or entertaining under the sun and stars. Just minutes from downtown Palm Springs renowned for it's dining, shopping and entertainment, this home offers the perfect blend of character, comfort and location! Movie Colony East is known for its historic charm, a friendly community feel and proximity to Ruth Hardy Park. Best of all, there is no HOA and the home sits on Fee land!

Condition Rating
Fair
Built in 1941, this property is well-maintained for its age, but the interior, particularly the kitchen and bathrooms, features significantly outdated styles and materials. The kitchen has older white appliances, white tile countertops, and dated cabinetry. Flooring throughout includes older carpet and tile. While functional and clean, these areas require substantial updates to meet current aesthetic and quality standards, aligning with a property that has not undergone a major renovation in the last 15-30 years.
Pros & Cons

Pros

Desirable Location: Situated in the highly sought-after Movie Colony East, offering historic charm, a friendly community, proximity to Ruth Hardy Park, and minutes from downtown Palm Springs' dining and entertainment.
Private Outdoor Living: Features a private oasis with a sparkling aqua-blue pool, lush manicured landscaping, and stunning mountain views, perfect for relaxation and entertaining.
Architectural Character: Retains timeless allure with a warm ambiance, cozy fireplace, tongue and groove wood ceilings, and unique decorative elements, enhancing its classic bungalow appeal.
Ownership Benefits: Benefits from fee simple ownership and no HOA fees or restrictions, offering greater control and lower ongoing costs compared to many Palm Springs properties.
Well-Maintained Condition: Described as 'beautifully maintained,' suggesting the property is in excellent condition for its age and ready for immediate enjoyment.

Cons

Property Age: Built in 1941, the home is over 80 years old, which may imply potential for older systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance.
Limited Interior Space: With 1260 sqft for 3 bedrooms, the interior living space is relatively compact, which might be a consideration for buyers seeking more expansive rooms or future expansion potential.
Recent Price Adjustment: The property has undergone a recent price reduction from $935,000 to $892,000, which could suggest initial overpricing or extended market time.

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