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$950,000

Beds
3
Baths
2.0
sq ft
1,749

576 E Desert Holly Cir, Palm Springs, CA 92262

576 E Desert Holly Cir

Palm Springs, CA 92262

  • <1 day on market
    • Open house Jan 11
Great opportunity to own and enjoy a 1959 mid-century Alexander at Racquet Club Estates! Prime LOCATION meets the fun of Uptown Palm Springs and Victoria Park, just a short hop away! Architects Palmer and Krisel's unique vision for desert living included tall, beamed + vaulted ceilings with clerestory windows and open concept living areas. The island-centered kitchen is a hit in terms of entertaining guests and is framed by a choice of spacious conversation areas. Sliders open things up beautifully, spilling out to pool, spa, and patio with its custom outdoor barbecue/bar. Loving the flawless bricked patio underfoot in this ULTRA-PRIVATE backyard. West-facing San Jacinto Mountain views work their magic plus the hedged/walled outdoor areas are a delight with a mix of mature palms and large lawn. Three bedrooms feature a nice separation with an Ensuite Primary tucked behind double doors. There is a dressing area off the ensuite bath and direct access to the pool. The private patio off the Primary is a nice surprise! Guest Bedroom #2 and Guest Bedroom #3 share a full bath and enjoy the same wooded and beamed ceilings found elsewhere in the home. Two car garage is outfitted with mini-split cooling and is currently enjoyed as a gym. The laundry closet is positioned just off the kitchen. Be it full-time or seasonal, this home delivers on many levels and its vacation rental backstory (monthly rental) has a successful track record! RENTAL INCOME is a good thing with no HOA nor land lease! Enjoy it all.

Details

Property type

Single Family Residence

Est. home value

$983,622

Lot size

9,148 sq ft

Price per sq ft

$544

Year built

1959

HOA

No

Price History

01/10/2025
CLAW

CLAW #25477989

Price change
$950,000
+2.7%
01/10/2025
CLAW

CLAW #25477989

Listed
$925,000
-7.04%
03/01/2024
CRMLS

CRMLS #GD23185565

Removed
$995,000

Schools & Community

Neighborhood: 

Racquet Club Estates

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

-$51,912
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$925,912
Cash to seller
-$51,912

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

July 2022

Original loan amount

$960,000

Est. remaining balance

$925,912

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Jessica L Romero and Alex Romero Iii

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: 01/10/2025 at 5:55 PM

Listing updated: 01/10/2025 at 2:35 PM

Listed by: Brady Sandahl, Keller Williams Luxury Homes Phone #: (760) 322-2286

MLS: CLAW #25477989

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