823 N Topaz Circle, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 3 bath

823 N Topaz Circle, Palm Springs, California 92262 home-pic-0
ACTIVE UNDER CONTRACT$2,595,000
823 N Topaz Circle, Palm Springs, California 92262
4Beds
3Baths
2,364Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($1,759,438.12) is $835,561.88 (32%) lower than the list price ($2,595,000). 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 = 10019, living area = 2364.
Top Cons:
Lack of Explicit HVAC Details: Despite extensive renovations, the description does not explicitly detail the type or efficiency of the cooling system, which is a critical consideration in Palm Springs' hot climate.

Compared to the nearby listings

Price:$2.60M vs avg $925.0K (+$1,670,000)94%
Size:2,364 sqft vs avg 2,100 sqft64%
Price/sqft:$1.1K vs avg $49196%

More Insights

Built in 1961 (64 years old).
Condition: This property underwent an extensive renovation in 2020, which is within the 'extensively renovated within 5 years' criteria for an excellent rating. The description explicitly mentions new terrazzo tile flooring, a crisp, modern dream kitchen, and new bathrooms, including an expanded primary bath with a soaking tub. The images confirm a high level of finish and modern styling in the kitchen with stainless steel appliances and a stylish backsplash, and in the bathrooms with contemporary fixtures, vanities, and tiling. All visible components appear new or virtually new, reflecting current quality standards and minimal depreciation.
Year Built
1961
Close
-
List price
$2.6M
Original List price
$2.79M
Price/Sqft
$1,098
HOA
-
Days on market
-
Sold On
-
MLS number
25509119PS
Home ConditionExcellent
Features
Excellent View: Desert, Mountain(s)
Pool
Spa
Patio
ViewDesert, Mountain(s)

About this home

Vista Las Palmas is waiting for you! Here's your opportunity to live in one of Palm Springs' most coveted neighborhoods and have it all: wrapped mountain views to the west and south, a Charles Du Bois-designed home on one of the southern cul-de-sacs, a 3BR/2BA main residence with attached 1BR/1BA casita, and all the upgrades necessary to make this a move-in-ready retreat. The home underwent an extensive renovation in 2020 which included new terrazzo tile flooring, a crisp, modern dream kitchen and new bathrooms including an expanded and indulgent primary bath with soaking tub and shower with sliders to the outdoors. The bedrooms are spacious havens, with the primary boasting an additional sitting/office area with sliders to the pool terrace. The grounds have been reimagined by the current owners, to include new front yard low-maintenance hardscape and landscape, all new concrete decking around the pool area, a great barbecue area with outdoor bar, and a semi-covered pergola for casual relaxation. The home also has custom California Closets, a 2-car garage with epoxy floor and additional California Closet storage, an indoor laundry center, and so much more. Sited on the west side of the road for those dream views from the backyard and lots of light in the house during the morning all the way into the late afternoon. A jewel of a residence within a dream of a neighborhood.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-51.0mi
4/10
Raymond Cree Middle School
Public,6-81.3mi
4/10
Desert Learning Academy
Public,K-122.4mi
6/10
Palm Springs High School
Public,9-122.4mi
Condition Rating
Excellent

This property underwent an extensive renovation in 2020, which is within the 'extensively renovated within 5 years' criteria for an excellent rating. The description explicitly mentions new terrazzo tile flooring, a crisp, modern dream kitchen, and new bathrooms, including an expanded primary bath with a soaking tub. The images confirm a high level of finish and modern styling in the kitchen with stainless steel appliances and a stylish backsplash, and in the bathrooms with contemporary fixtures, vanities, and tiling. All visible components appear new or virtually new, reflecting current quality standards and minimal depreciation.
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 = 10019, living area = 2364.
Prime Location & Neighborhood: Located in Vista Las Palmas, one of Palm Springs' most coveted and iconic neighborhoods, offering significant desirability and value.
Architectural Significance: A Charles Du Bois-designed home, providing a desirable mid-century modern aesthetic and architectural pedigree.
Extensive Modern Renovation: Underwent an extensive renovation in 2020, including new terrazzo tile flooring, a modern kitchen, and updated bathrooms, making it move-in ready.
Desirable Views: Offers wrapped mountain views to the west and south from the backyard, enhancing the property's appeal and outdoor living experience.
Versatile Living Space: Features a 3-bedroom/2-bathroom main residence with an attached 1-bedroom/1-bathroom casita, providing flexibility for guests, rental income, or extended family.

Cons

Lack of Explicit HVAC Details: Despite extensive renovations, the description does not explicitly detail the type or efficiency of the cooling system, which is a critical consideration in Palm Springs' hot climate.
Absence of Owned Solar: There is no mention of owned solar panels, which could result in higher utility costs compared to properties with this energy-saving feature, especially in a sunny region.
Potential for Older Underlying Systems: While extensively renovated in 2020, the property's original build year of 1961 means some core infrastructure not explicitly mentioned in the renovation details (e.g., foundation, certain plumbing/electrical lines) may still be original and could require future attention.

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