597 N Orchid Tree Lane, Palm Springs, CA 92262
Sun Villas (click for neighborhood info)
Contact me about this home
Sold
$535,000
Sold On 2024-11-15
Overview
MLS #
219120019PS
Listed on
2024-01-24
Status
Sold
Price
$485,000
Type
Residential
Subtype
Single Family Residence
Size of home
1,325 sq ft
Beds / Baths
3 / 2.00
Size of lot
10,080 sq ft
Neighborhood
Sun Villas
Location address
597 N Orchid Tree Lane
Palm Springs 92262
Palm Springs 92262
Description
This property is a complete ''fixer'' in a stable neighborhood. Extended land lease through 2066 is being finalized now. City of Palm Springs has ''tagged'' the home inhabitable. Public tax records do not show home sf (floor plan in photos) or Lot size (est. 10,000 sf). Year built is an estimate only. Lot layout attached with property line description and photo. Buyers need to survey or measure for themselves. The home as been vacant for more than 10 years. Is it being sold as is, where is with no warranties expressed or implied. Let your imagination take over, good floor plan, large yard at the end of a cul-de-sac. No utilities are on. Will make an attempt to activate electric meter with city, no guarantees.The neighborhood supports other leasehold homes in the neighborhood for $750,000 and up. The current tax assessment is $711,000, current condition has not been taken into consideration. Safety Issues and Waiver posted on the door. Do not remove, read notices before entering. Recent roof bid $12,000. Property will not qualify for financing, must be cash offers. Assuming multiple offers are received, sellers will determine which to accept and provide the closing timeline for a new owner. Must rely 100% on buyers own due diligence to purchase this property. The location, upside and potential is waiting for a new owner. Exceptional San Jacinto mountain view lot ready to renovate. Priced well within the market. OFFERS RECEIVED. Submit Highest and Best. Deadline 1/30, 5pm.
General Information
Original List Price
$485,000
Price Per Sq/Ft
$366
Furnished
No
Land Type
Lease
Land Lease Expires
2066
Land Lease $/yr
$4,515
Pool
Yes
Spa
Yes
Year Built
1980
Levels
One
View
Mountains
Flooring
Tile
Fireplace
Yes
Heating Type
Other
Cooling Type
Air Conditioning, Central, Gas
Parking Spaces
4
Parking Type
Detached, Direct Entrance, Driveway, Garage Is Detached
Courtesy of:
Scott Timberlake /
Realty Trust
597 N Orchid Tree Lane