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$1,500,000

Beds
5
Baths
4.0
sq ft
2,115

620 S Camino Real, Palm Springs, CA 92264

620 S Camino Real

Palm Springs, CA 92264

  • 46 days on market
Welcome to this stunning five bedroom, four bathroom Spanish-style home in the Warm Sands neighborhood of Palm Springs that perfectly blends 1938 charm with modern luxuries. This fully gated property boasts breathtaking views of the San Jacinto Mountains, and includes 2,000 SF of luxurious living space, a new open-concept kitchen, updated bathrooms and a spacious living area that features the original 1938 fireplace. The bedrooms feature a combination of beautiful pitched ceilings, easy access to the outdoor areas, and the fifth bedroom is an attached private casita with ensuite bathroom. The resort-style backyard features a PebbleTec salt water pool & spa, lounge areas, fire pit, and a gas grill, all with stunning mountain views. Additionally, this property boasts numerous smart home features such as keyless entry, smart thermostats, and a Tesla wall charger. This luxurious Spanish-style home is the perfect blend of charm, comfort, and modern amenities, making it ideal for a primary home, a secondary home, or even a short term rental. This home currently has an active STR permit with good rental history and numerous future bookings. The Warm Sands neighborhood is currently under the STR permit cap. Reach out for more information or if you'd like to schedule a private tour.

Details

Property type

Single Family Residence

Est. home value

$1,335,303

Lot size

0.23 acres

Price per sq ft

$710

Year built

1938

Price History

05/28/2024
DesertArea

DesertArea #219111605

Listed
$1,500,000
05/26/2024
DesertArea

DesertArea #219111605

Removed
$1,500,000
05/16/2024
DesertArea

DesertArea #219111605

Listed
$1,500,000
+39.65%

Schools & Community

Neighborhood: 

Warm Sands

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

Zb Na

Loan start date

July 2022

Original loan amount

$156,200

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

Credit Line (Revolving)

Seller

Daniel Shin and Olivia Zoe Kahr

Lender

Us Bank Na

Loan start date

May 2021

Original loan amount

$859,276

Est. remaining balance

$803,340

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Daniel Shin and Olivia Zoe Kahr

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: 07/01/2024 at 8:45 AM

Listing updated: 06/18/2024 at 10:53 AM

Listed by: Adam M Gilbert, The Firm Brokerage Phone #: (760) 408-8874

MLS: DesertArea #219111605

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