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760 Palm Avenue, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath

760 Palm Avenue, Palm Springs, California 92264 home-pic-0
ACTIVE$1,295,000
760 Palm Avenue, Palm Springs, California 92264
3Beds
2Baths
1,536Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($1,295,000) is $0 (0%) lower than the list price ($1,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Investment Opportunity: The property is on Fee Land and explicitly allows short-term rentals, making it a highly lucrative investment opportunity in the Palm Springs market.
Top Cons:
Compact Interior Square Footage: At 1536 sqft, the interior living space is relatively modest for a property positioned as an 'unparalleled luxury masterpiece' at its price point, potentially limiting appeal for buyers seeking larger homes.

Compared to the nearby listings

Price:$1.29M vs avg $1.28M (+$13,000)51%
Size:1,536 sqft vs avg 2,172.5 sqft24%
Price/sqft:$843 vs avg $59790%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it virtually brand new. The listing explicitly states it's a 'turnkey masterpiece' with 'no expense spared in the design,' featuring 'sleek quartz countertops and premium stainless-steel appliances' in the modern kitchen. The images confirm a contemporary aesthetic throughout, with new fixtures, modern flooring, and pristine conditions in all visible areas, including the outdoor amenities. There is no indication of deferred maintenance or physical depreciation.
Year Built
2022
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$843
HOA
-
Days on market
-
Sold On
-
MLS number
219128056PS
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s)
Pool
Spa
Patio
ViewGolf Course,Mountain(s)

About this home

Discover unparalleled luxury at 760 S Palm Ave, a fully furnished, turnkey masterpiece that invites you to experience the best of Palm Springs living. With breathtaking 180-degree views of the San Jacinto Mountains, this home features a stunning blend of natural beauty and modern convenience. Step outside to your private oasis, where drought-resistant desert landscaping and lush artificial turf create a serene, low-maintenance environment. Enjoy endless entertainment options with a life-size chess board, an LED color-changing pool, and a hot tub that transforms your backyard into a vibrant evening retreat. Inside, you'll find an open-concept living area that seamlessly merges with the outdoors through a disappearing retractable glass wall, perfect for hosting gatherings or simply relaxing in style. No expense was spared in the design, boasting sleek quartz countertops and premium stainless-steel appliances that define the modern kitchen. Located just an 8-minute drive from downtown Palm Springs, this home is adjacent to Palm Springs' largest public park and the Tahquitz Creek Golf Resort, offering unparalleled access to resort-style amenities. Plus, this property is on Fee Land, one of the few remaining areas that allows short-term rentals, making it an exceptional investment opportunity. Don't miss your chance to own this exquisite property. Embrace the Palm Springs lifestyle at 760 S Palm Ave- your perfect personal retreat or lucrative investment awaits. Schedule your viewing today!

Nearby schools

4/10
Agua Caliente Elementary School
Public,•K-5•1.5mi
4/10
Cahuilla Elementary School
Public,•K-5•1.6mi
4/10
Raymond Cree Middle School
Public,•6-8•2.8mi
4/10
Desert Learning Academy
Public,•K-12•0.7mi
6/10
Palm Springs High School
Public,•9-12•0.7mi
6/10
Cathedral City High School
Public,•9-12•3.3mi
Condition Rating
Excellent
This property was built in 2022, making it virtually brand new. The listing explicitly states it's a 'turnkey masterpiece' with 'no expense spared in the design,' featuring 'sleek quartz countertops and premium stainless-steel appliances' in the modern kitchen. The images confirm a contemporary aesthetic throughout, with new fixtures, modern flooring, and pristine conditions in all visible areas, including the outdoor amenities. There is no indication of deferred maintenance or physical depreciation.
Pros & Cons

Pros

Exceptional Investment Opportunity: The property is on Fee Land and explicitly allows short-term rentals, making it a highly lucrative investment opportunity in the Palm Springs market.
Breathtaking Mountain Views: Offers stunning 180-degree views of the San Jacinto Mountains, a highly sought-after aesthetic and value-add in Palm Springs.
Luxurious Outdoor Entertainment Oasis: Features an LED color-changing pool, hot tub, and life-size chess board within a low-maintenance, drought-resistant and artificial turf landscaped yard, perfect for entertaining.
Modern Design & High-End Finishes: Boasts an open-concept living area with a disappearing retractable glass wall, sleek quartz countertops, and premium stainless-steel appliances, reflecting a no-expense-spared design.
Prime Location & Turnkey Ready: Located just an 8-minute drive from downtown Palm Springs, adjacent to a large public park and golf resort, and sold fully furnished and turnkey.

Cons

Compact Interior Square Footage: At 1536 sqft, the interior living space is relatively modest for a property positioned as an 'unparalleled luxury masterpiece' at its price point, potentially limiting appeal for buyers seeking larger homes.
Potential for Noise from Adjacent Public Amenities: While convenient, being adjacent to Palm Springs' largest public park and a golf resort could introduce potential noise disturbances from public activities or golf course operations.
Higher Operating Costs for Premium Amenities: The extensive luxury features, particularly the LED pool and hot tub, may result in elevated utility bills and ongoing maintenance expenses compared to properties with fewer such amenities.

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