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783 Mira Grande, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

783 Mira Grande, Palm Springs, California 92262 home-pic-0
ACTIVE$555,000
783 Mira Grande, Palm Springs, California 92262
2Beds
2Baths
1,206Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($499,531.495) is $55,468.505 (9%) lower than the list price ($555,000). This property may be overpriced.

Key pros and cons

Top 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 = 7405, living area = 1206.
Top Cons:
Absence of Private Pool: Despite the large lot size and potential, the property currently lacks a private pool, which is a highly sought-after amenity in the Palm Springs market and present in several comparable properties.

Compared to the nearby listings

Price:$555.0K vs avg $925.0K ($-370,000)10%
Size:1,206 sqft vs avg 2,096 sqft4%
Price/sqft:$460 vs avg $49041%

More Insights

Built in 2004 (21 years old).
Condition: Built in 2004, this property is 20 years old but has received significant updates, aligning with a 'Good' condition. The description highlights a 'newer A/C unit,' 'stainless appliances' in the kitchen, and 'tile throughout.' Images confirm a clean, well-maintained kitchen with a functional island and the bathroom features a distinctive, updated black and white patterned tile. Exterior improvements include a 'new Gazebo and alumawood patio cover.' While not a full, recent, high-end renovation, the home is move-in ready with well-maintained systems and updated components, requiring no immediate major repairs.
Year Built
2004
Close
-
List price
$555K
Original List price
$555K
Price/Sqft
$460
HOA
$160
Days on market
-
Sold On
-
MLS number
219131308DA
Home ConditionGood
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

Wow, grab a cup of coffee and enjoy these spectacular views of the San Jacinto Mtns. from your backyard in this oversized corner lot. Home is beautifully decorated, upgraded and ready to move in and start enjoying. Seller will include furnishings in the house minus some artwork. A/C unit is newer. Water softener is owned. Tile throughout. Kitchen has large island, pantry, and stainless appliances. Great room has gas log fireplace and media niche. Inside laundry room leads to 2 car attached and finished garage. New Gazebo and alumawood patio cover provide plenty of shade. The yard is big enough for the largest of pools however the Gated community has 3 pools, spas, tennis courts, basketball court, covered BBQ area, childrens' playground, walking paths, and roving patrol. Super low HOA dues. Located just off Palm Canyon and a short drive to Dining, shops, entertainment and one light away from the famous Palm Springs Aerial Tramway. Don't wait on this one, Very well priced!

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•1.2mi
7/10
Katherine Finchy Elementary School
Public,•K-5•2.1mi
4/10
Raymond Cree Middle School
Public,•6-8•1.8mi
6/10
Palm Springs High School
Public,•9-12•3.8mi
4/10
Desert Learning Academy
Public,•K-12•3.9mi
Condition Rating
Good
Built in 2004, this property is 20 years old but has received significant updates, aligning with a 'Good' condition. The description highlights a 'newer A/C unit,' 'stainless appliances' in the kitchen, and 'tile throughout.' Images confirm a clean, well-maintained kitchen with a functional island and the bathroom features a distinctive, updated black and white patterned tile. Exterior improvements include a 'new Gazebo and alumawood patio cover.' While not a full, recent, high-end renovation, the home is move-in ready with well-maintained systems and updated components, requiring no immediate major repairs.
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 = 7405, living area = 1206.
Prime Location & Mountain Views: The property offers spectacular views of the San Jacinto Mountains from the backyard and is conveniently located just off Palm Canyon, a short drive to dining, shops, entertainment, and the Palm Springs Aerial Tramway.
Extensive Community Amenities with Low HOA: Part of a gated community with 3 pools, spas, tennis courts, basketball court, covered BBQ area, children's playground, walking paths, and roving patrol, all with super low HOA dues.
Turnkey & Upgraded Interior: The home is beautifully decorated, upgraded, and ready to move in, including newer A/C, owned water softener, tile flooring throughout, and furnishings (minus some artwork) included by the seller.
Modern & Functional Kitchen: The kitchen features a large island, pantry, and stainless steel appliances, providing a contemporary and efficient cooking space.
Large Corner Lot with Private Pool Potential: Situated on an oversized corner lot, the yard is spacious enough to accommodate the largest of pools, offering significant potential for future outdoor enhancements.

Cons

Absence of Private Pool: Despite the large lot size and potential, the property currently lacks a private pool, which is a highly sought-after amenity in the Palm Springs market and present in several comparable properties.
Smaller Square Footage: At 1206 sqft, the property offers relatively less living space compared to many 3-bedroom comparable homes in the area, potentially limiting its appeal to buyers seeking more room.
Listed Above Estimated Market Value: The current listing price of $555,000 is approximately 9% higher than the estimated property value of $499,531, which may impact buyer perception and negotiation leverage.

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