$575,000
NEW CONSTRUCTION $280K PRICE DROP

Estimated payment $3,638/month

Total Views 3,019
3 Beds
2 Baths
2,136 Sq Ft
$269 Price per Sq Ft

Highlights

  • Guest House
  • Casita
  • Mountain View
  • New Construction
  • Custom Home
  • Great Room

About This Home

NEW CONSTRUCTION. a 3 unit, detached home project is underway in the Hills of Desert Hot Springs. The units are all 3br,2ba. Approximately 1400 sf. All homes will showcase water proof flooring, corian kitchen counter tops with wooden cabinets and stainless steel 25 cu. ft. refrigerator, macro wave, Gas range, and dishwasher. There is a full laundry room washer/dryer and pantry shelves. The bedroom and living room show overhead fans with full carpets. The master bath contains a full 60-inch shower and stand alone tub. There is A/C throughout and carports with work cabinets. The hillside location provides valley v8ews and only 5 minutes to downtown area.The rental income will produce approximately $68,000 of Net income before debt service. The tax benefit will $ per year on a 15 year Accelerated Depreciation., effectively providing Tax Deferred income. Consult your Tax Advisor to determine the estimated amount based on the projected income the approximate $68,000.Anticipated tax reduction based on 27 1/2 year straight-line depreciation schedule. Year 1 includes 60% of landscaping and other costs, $38,734 Year 2 through 27 1/2 $24,334 equals $671,417

Listing Agent

Gary Eastham

HomeSmart License #01483745 Listed on: 07/18/2024

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,890 Sq Ft Lot
  • Sprinklers on Timer

Property Views

  • Mountain
  • Desert

Home Design

  • Custom Home

Interior Spaces

  • 2,136 Sq Ft Home
  • Ceiling Fan
  • Formal Entry
  • Great Room
  • Breakfast Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • 6 Car Parking Spaces
  • 2 Parking Garage Spaces
  • Driveway

Outdoor Features

  • Casita
  • Gazebo

Additional Homes

  • Guest House
  • Guest House Includes Kitchen

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Public Hookup Available For Sewer

Community Details

  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 639322015

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Casita Features: Washer Electric, Kitchen, Dryer Electric, Dryer Gas
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 269.19
  • View Type: Desert, Mountain(s)
  • Year Built: 2024
  • Listing I D: 219114370
  • Listing Member Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Listing Office Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Land Type: Fee
  • New Construction: Yes
  • Subdivision: Not Applicable
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Exhaust Fan, Microwave Oven, Gas Oven, Gas Range, Water Line to Refrigerator, Washer, Stackable W/D Hookup, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher, Gas/Elec Dryer Hookup
  • Range Hood: Yes
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2136.00

Exterior Features

  • Other Features: Custom Built
  • Other Structures: Gazebo, Guest House/Casita
  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Parking: Driveway
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Electric, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Sewer: Public Hookup Available
  • Water Heater Feature: Electric

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 639322015
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 10890.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Price Changed $575,000 -32.7% $269 / Sq Ft
07/18/2024 07/18/24 For Sale $855,000 -- $400 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219114370

Greater Palm Springs Multiple Listing Service