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$1,295,000

Beds
3
Baths
2.0
sq ft
1,536

760 S Palm Ave, Palm Springs, CA 92264

760 S Palm Ave

Palm Springs, CA 92264

  • 187 days on market
    • Price drop $64,999↓
Discover unparalleled luxury at 760 S Palm Ave, a fully furnished, turnkey masterpiece that invites you to experience the best of Palm Springs living. With breathtaking 180-degree views of the San Jacinto Mountains, this home features a stunning blend of natural beauty and modern convenience. Step outside to your private oasis, where drought-resistant desert landscaping and lush artificial turf create a serene, low-maintenance environment. Enjoy endless entertainment options with a life-size chess board, an LED color-changing pool, and a hot tub that transforms your backyard into a vibrant evening retreat. Inside, you'll find an open-concept living area that seamlessly merges with the outdoors through a disappearing retractable glass wall, perfect for hosting gatherings or simply relaxing in style. No expense was spared in the design, boasting sleek quartz countertops and premium stainless-steel appliances that define the modern kitchen. Located just an 8-minute drive from downtown Palm Springs, this home is adjacent to Palm Springs' largest public park and the Tahquitz Creek Golf Resort, offering unparalleled access to resort-style amenities. Plus, this property is on Fee Land, one of the few remaining areas that allows short-term rentals, making it an exceptional investment opportunity. Don't miss your chance to own this exquisite property. Embrace the Palm Springs lifestyle at 760 S Palm Ave- your perfect personal retreat or lucrative investment awaits. Schedule your viewing today!

Details

Property type

Single Family Residence

Est. home value

$1,206,290

Lot size

6,534 sq ft

Price per sq ft

$844

Year built

2022

HOA

No

Price History

10/28/2024
CLAW

CLAW #24389837

Price change
$1,295,000
-4.78%
05/19/2024
CLAW

CLAW #24389837

Listed
$1,359,999
+13.33%
01/06/2023
CLAW

CLAW #22218321

Sold
$1,200,000
-11.11%

Schools & Community

Neighborhood: 

Demuth Park

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

$414,798
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$776,602
Cash to seller
$414,798

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

Seller’s Loan History

Lender

Resmac Inc

Loan start date

December 2022

Original loan amount

$783,250

Est. remaining balance

$776,602

Interest rate

7.08%

Loan type

New Conventional, 41 year

Seller

Socal Group 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?

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Status: Active

Tomo last checked: 11/22/2024 at 1:55 PM

Listing updated: 11/07/2024 at 5:10 PM

Listed by: Chase Owens, Coldwell Banker Res Brokerage Phone #: (760) 776-9898

MLS: CLAW #24389837

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