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980 N Buttonwillow Circle, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath

980 N Buttonwillow Circle, Palm Springs, California 92262 home-pic-0
ACTIVE$1,386,000
980 N Buttonwillow Circle, Palm Springs, California 92262
4Beds
2Baths
1,876Sqft
11,761Lot

Price Vs. Estimate

The estimated value ($933,136.415) is $452,863.585 (32%) lower than the list price ($1,386,000). 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 = 11761, living area = 1876.
Top Cons:
Significant Price Discrepancy: The listing price of $1.386M is substantially higher (32% above) than the estimated market value of approximately $933K, which could impact buyer perception and financing.

Compared to the nearby listings

Price:$1.39M vs avg $925.0K (+$461,000)76%
Size:1,876 sqft vs avg 2,096 sqft40%
Price/sqft:$739 vs avg $49186%

More Insights

Built in 1965 (60 years old).
Condition: Despite being built in 1965, this property has undergone an extensive and recent renovation, evident in the modern 'Desert Modernism' aesthetic. The kitchen features new white shaker cabinets, quartz countertops, a stylish subway tile backsplash, and high-end stainless steel appliances including a vented range hood and gas cooktop. The bathrooms are equally updated with modern vanities, gold fixtures, and clean tiling. New dark wood-look flooring is consistent throughout, and modern light fixtures and recessed lighting enhance the contemporary feel. A mini-split AC unit is visible, indicating updated climate control. The property is described as 'move-in ready' and the images support a condition where all visible components are virtually new and meet current quality standards, aligning with an 'excellent' rating for a recently renovated home.
Year Built
1965
Close
-
List price
$1.39M
Original List price
$1.39M
Price/Sqft
$739
HOA
-
Days on market
-
Sold On
-
MLS number
25481523
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Desert Modernism. FULLY FURNISHED Home, vacation oasis or successful SHORT TERM RENTAL investment property. Located in the highly sought after Oasis del Sol neighborhood in Central Palm Springs minutes from downtown. The four bedrooms offer comfortable living spaces, with the primary bedroom providing a serene retreat. The two bathrooms are well-appointed and designed for functionality. A bonus living room with Murphy Bed provides an option for a 5th sleeping area. The gourmet kitchen is equipped with high-end appliances, ideal for those who enjoy cooking. The indoor and outdoor living spaces seamlessly blend, creating a harmonious flow. The backyard provides an entertainer's paradise with a sparkling in-ground pool and soothing spa. The large, private lot size allows for a spacious and versatile living experience. This home has been successfully operated as a short-term rental, catering to a variety of guests seeking a comfortable and convenient stay. The home is being delivered fully furnished, for an immediate short term rental income opportunity. Showcasing a desert modernism aesthetic with casual elegance throughout, this home provides a convenient and move-in ready experience for the next owner. The flexible floor plan and versatile spaces make this property ideal for a variety of lifestyles and needs. The home is situated just five minutes from downtown, allowing for easy access to the vibrant local community. The San Jacinto Mountain views from the property provide a stunning natural backdrop, enhancing the overall appeal of the residence.

Condition Rating
Excellent
Despite being built in 1965, this property has undergone an extensive and recent renovation, evident in the modern 'Desert Modernism' aesthetic. The kitchen features new white shaker cabinets, quartz countertops, a stylish subway tile backsplash, and high-end stainless steel appliances including a vented range hood and gas cooktop. The bathrooms are equally updated with modern vanities, gold fixtures, and clean tiling. New dark wood-look flooring is consistent throughout, and modern light fixtures and recessed lighting enhance the contemporary feel. A mini-split AC unit is visible, indicating updated climate control. The property is described as 'move-in ready' and the images support a condition where all visible components are virtually new and meet current quality standards, aligning with an 'excellent' rating for a recently renovated home.
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 = 11761, living area = 1876.
Established Short-Term Rental: The property is a proven, successful short-term rental, offered fully furnished for immediate income generation and a turnkey investment opportunity.
Prime Central Palm Springs Location: Situated in the highly sought-after Oasis del Sol neighborhood, just five minutes from downtown Palm Springs, offering excellent accessibility to local amenities.
Iconic Desert Modernism Design: Showcases a desirable desert modernism aesthetic with casual elegance throughout, providing a convenient and move-in ready experience.
Resort-Style Outdoor Entertainment: Features an entertainer's paradise backyard with a sparkling in-ground pool, soothing spa, and a large, private lot, ideal for the Palm Springs lifestyle.
Mountain Views & Flexible Living Space: Offers stunning San Jacinto Mountain views and a versatile floor plan, including a bonus living room with a Murphy bed for additional sleeping capacity.

Cons

Significant Price Discrepancy: The listing price of $1.386M is substantially higher (32% above) than the estimated market value of approximately $933K, which could impact buyer perception and financing.
Age of Property (1965): As a 1965 build, despite aesthetic updates, the property may have original or older core systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades.
Limited Bathroom-to-Bedroom Ratio: With 4 bedrooms (and potential for a 5th sleeping area) and only 2 bathrooms, the property offers a lower bathroom-to-bedroom ratio compared to some comparable properties, which might be a consideration for larger groups or short-term rental guests.

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