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$1,399,000

Beds
5
Baths
4.5
sq ft
2,777

390 W Cortez Rd, Palm Springs, CA 92262

390 W Cortez Rd

Palm Springs, CA 92262

  • 8 days on market
Presenting an exquisite showcase of contemporary luxury living in Palm Springs! This stunning 5-bedroom, 5-bathroom residence stands as a beacon of sophistication and elegance, having recently undergone a comprehensive renovation that leaves no aspect untouched. Positioned in a prime Palm Springs location, this property represents a lucrative investment prospect, ideally suited for Airbnb hosting. Step through the door and prepare to be enchanted by the seamless fusion of style and sophistication. The home features five distinct suites, each meticulously designed for optimal relaxation and privacy. Three of these luxurious retreats feature their own sumptuous en-suite bathrooms, ensuring a level of indulgence beyond compare, while two additional bedrooms share a tastefully appointed Jack and Jill bath. Throughout the home, attention to detail reigns supreme. From the sleek lines of the contemporary design to the thoughtfully curated amenities, every element has been carefully selected to elevate your experience. Wake up to panoramic views from your private bedroom patio, where the tranquility of the surroundings sets the perfect backdrop for your morning coffee ritual. Entertainment knows no bounds in this residence, with the garage ingeniously transformed into a versatile space for leisure and enjoyment. Meanwhile, outside, a heated saltwater pool beckons, promising year-round relaxation and recreation in the comfort of your own backyard oasis. And for the avid golfer, a professionally landscaped putting green awaits, offering endless opportunities to hone your skills or simply unwind amidst lush greenery. Nestled within a serene neighborhood enclave, surrounded by a harmonious blend of single-family residences and luxury townhomes, this property offers the best of both worlds – exclusivity and community. Don't miss your opportunity to own this beautiful Palm Springs gem and experience resort-style living at it's finest! Property has the potential to generate $10,000-$12,000 monthly on Airbnb (Buyer to verify)

Details

Property type

Single Family Residence

Est. home value

$1,729,678

Property condition

Updated/Remodeled

Lot size

7,841 sq ft

Price per sq ft

$504

Year built

1990

Price History

06/21/2024
CRMLS

CRMLS #SR24127403

Listed
$1,399,000
-6.42%
06/19/2024
CRMLS

CRMLS #SR24099189

Removed
$1,495,000
05/17/2024
CRMLS

CRMLS #SR24099189

Listed
$1,495,000
+25.63%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Palm Springs Unified

Seller’s Loan History

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

Lender

Aim Cu

Loan start date

April 2022

Original loan amount

$305,000

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Credit Line (Revolving), 30 year

Seller

Steven Biton

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$647,000

Est. remaining balance

$621,384

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Steven Biton

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: 06/29/2024 at 4:40 AM

Listing updated: 06/28/2024 at 9:53 AM

Listed by: Ortal Kedar, Keller Williams Coastal Properties Phone #: (562) 961-1400

MLS: CRMLS #SR24127403

CRMLS logo

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