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74279 Old Prospector Trail, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

74279 Old Prospector Trail, Palm Desert, California 92260 home-pic-0
ACTIVE$859,500
74279 Old Prospector Trail, Palm Desert, California 92260
3Beds
2Baths
2,017Sqft
10,890Lot
Year Built
1954
Close
-
List price
$860K
Original List price
$1.29M
Price/Sqft
$426
HOA
-
Days on market
-
Sold On
-
MLS number
PW24210733
Home ConditionExcellent
Features
Good View: None
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 61% below the list price. We found 3 Cons,6 Pros. Rank: price - $859.5K(56th), sqft - 2017(43th), beds - 3(50th), baths - 2(38th).

TURN-KEY-LUXE HOME ALL NEW PROPERTY FEATURES •Fireplace •Kitchen Cabinets •Appliances •Countertops •Tile •Flooring •Plumbing Fixture •Hydrotub •Mid-Century Modern •Vanities •Trough /Vessel Sinks •Glass Panel Partition •Built-in Cabinetry In Office •Insulated/Finished Garage This 2,017 square footage residence is nestled on a large level block in a desirably tranquil location. This house comes complete with a washer/dryer unit, an outdoor lighted pool, window sliders, a large outdoor patio area, pool equipment, AC equipment, side parking for an RV and gorgeous landscaping throughout. This home retains the value of peaceful living while being conveniently close to the schools, The Living Desert Zoo, El Paseo and the finest dining. The San Jacinto Mountains surround this beautiful home.

Condition Rating
Excellent
Despite being built in 1954, the property has undergone an extensive and recent 'TURN-KEY-LUXE' renovation, as explicitly stated in the description. All major components, including kitchen cabinets, appliances, countertops, flooring, and plumbing fixtures, are new. The images confirm modern, high-quality finishes in the kitchen (new black appliances, light countertops, modern cabinetry) and bathrooms (vessel sinks, modern fixtures, glass shower partition). The overall condition appears virtually new with no visible deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2017.
Extensive Renovation: The property is a 'TURN-KEY-LUXE HOME' with 'ALL NEW PROPERTY FEATURES' including kitchen cabinets, appliances, countertops, tile, flooring, plumbing fixtures, vanities, and an insulated/finished garage, offering modern comfort in a classic Mid-Century Modern style.
Outdoor Living & Amenities: Features an 'outdoor lighted pool,' a 'large outdoor patio area,' and 'gorgeous landscaping throughout,' providing an ideal setting for relaxation and entertaining in the desert climate.
Desirable Location: Nestled in a 'desirably tranquil location' in South Palm Desert, it offers peaceful living while being conveniently close to schools, The Living Desert Zoo, El Paseo, and fine dining.
RV Parking: The property includes 'side parking for an RV,' a valuable and practical feature for many homeowners, especially in a recreational area like Palm Desert.
No HOA: Being 'Not in Subdivision' implies the absence of Homeowners Association fees and restrictive rules, offering greater freedom and cost savings for the owner.

Cons

Significant Price Discrepancy: The current listing price of $859,500 is substantially higher (61% above) the property's estimated value of $332,070.01, which could raise concerns for buyers and potentially complicate financing.
Lack of Listed Views: Despite the description mentioning being surrounded by the San Jacinto Mountains, the formal listing indicates 'view: None,' which may be a disadvantage in a market where mountain views are highly valued and common among comparable properties.
Older Construction: Built in 1954, the property's underlying structure is older, which, despite extensive renovations, could still imply potential for unseen infrastructure issues or higher long-term maintenance costs compared to newer homes.

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