tomo logo

$2,599,000

Beds
6
Baths
5.0
sq ft
3,524

538 E Miraleste Ct, Palm Springs, CA 92262

538 E Miraleste Ct

Palm Springs, CA 92262

  • 300 days on market
    • Price drop $50,000↓
A El Mirador Neighborhood gem! The lot is 16,988 sqft and boasts a 3,524 sqft Hollywood Glamour-inspired residence. The original home has been taken down to the studs and completely reimagined along with 1,968 sqsf of newly built additional living space. This home has 6 bedrooms and 5 bathrooms, crown molding, designer tile, lighting and wall treatments, a smart home,surround sound, alarm system, fully paid off solar panels, a new standing-seam metal and composite shingle roof as well as brand new tankless water heaters and 3-zone HVAC.The kitchen includes custom cabinetry, Thermador and Bosch appliances as well as a built-in and plumbed Miele coffee machine.The primary suite features a fireplace with stone tile,walk-in closet,custom marble tile bathroom and access to a private outdoor sanctuary with a bathtub and outdoor shower.There is a conveniently located bedroom and bathroom off the pool. Fully landscaped front and backyard with mature palm trees, a pool and hot tub that has been completely renovated with new tile, coping and plaster, an outdoor kitchen and dining area synthetic grass putting green, a natural gas fire pit, a bocce ball court. Nestled on a cul-de-sac, this fully enclosed and gated compound offers the perfect blend of privacy and proximity to downtown Palm Springs with everything it has to offer, making this both an ideal residence or income property.

Details

Property type

Single Family Residence

Est. home value

$3,445,859

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$738

Year built

1974

Price History

10/30/2024
DesertArea

DesertArea #219107587

Price change
$2,599,000
-1.89%
10/01/2024
DesertArea

DesertArea #219107587

Price change
$2,649,000
-1.85%
07/24/2024
DesertArea

DesertArea #219107587

Price change
$2,699,000
-3.57%

Schools & Community

Neighborhood: 

El Mirador

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Macoy Capital Mortgage Llc

Loan start date

July 2022

Original loan amount

$1,977,870

Est. remaining balance

Not provided

Interest rate

5.23%

Loan type

Commercial, 1 year

Seller

J & B Investment Partners Llc

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?

Status: Active

Tomo last checked: 12/22/2024 at 5:20 PM

Listing updated: 12/16/2024 at 12:00 AM

Listed by: Jay Wagman, Berkshire Hathaway HomeServices California Properties Phone #: (760) 564-9575

MLS: DesertArea #219107587

DesertArea logo

Recently listed in Palm Springs