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$1,175,000

Beds
5
Baths
4.5
sq ft
3,960

12285 Skyline Dr, Desert Hot Springs, CA 92240

12285 Skyline Dr

, CA 92240

  • 92 days on market
    • Price drop $24,000↓
This stunning residence, perched atop a scenic hill in Coachella Valley, embodies a perfect blend of modern sophistication and desert charm. Its design features exquisite contemporary finishes throughout, creating an atmosphere of refined elegance. The highlight is the infinity pool, which beautifully merges with the expansive horizon, offering an unparalleled view of the desert landscape.Inside, the chef's kitchen is equipped with top-of-the-line amenities, ideal for both culinary enthusiasts and everyday cooking. Two sumptuous master suites ensure ultimate relaxation and privacy for residents. For entertainment, the home includes a dedicated game room, and a versatile detached space can serve as an office, gym, or guesthouse. Currently operating as a successful Airbnb, this property not only provides a luxurious living experience but also represents a promising investment opportunity in one of the most coveted areas of Coachella Valley.

Details

Property type

Single Family Residence

Est. home value

$1,273,122

Property condition

Updated/Remodeled

Lot size

0.5 acres

Price per sq ft

$297

Year built

1978

HOA

No

Price History

10/01/2024
CLAW

CLAW #24430741

Price change
$1,175,000
-2%
08/21/2024
CLAW

CLAW #24430741

Listed
$1,199,000
-4%
03/05/2024
CLAW

CLAW #23312767

Removed
$1,249,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$593,769
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$487,231
Cash to seller
$593,769

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sierra Pacific Mortgage Co Inc

Loan start date

February 2022

Original loan amount

$517,500

Est. remaining balance

$487,231

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Michael Tsypin and Karina Tsypin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 10:35 AM

Listing updated: 10/01/2024 at 12:09 PM

Listed by: Michael Tsypin, New Vision R.E. & Investments Phone #: (323) 599-0101

MLS: CLAW #24430741

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