1394 Colony Way Palm Springs, CA 92262

$900,000 Sold Price as of 08/29/2019

4 Beds
3 Baths
3,419 Sq.Ft.

Off Market

$900,000 Sold Price as of 08/29/2019 Refinance Your Mortgage

Map preview of 1394 Colony Way, Palm Springs, CA 92262

Property Overview: 1394 Colony Way Palm Springs, CA has 4 bedrooms, 3 bathrooms, 3,419 living square feet and 15,245 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1394 Colony Way is currently an off market home in the city of Palm Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Palm Springs has a median list price of $718,000. The median price per/sqft for Palm Springs is $458. With those numbers in mind, if you are looking to purchase a median priced home in Palm Springs, CA and put 20% down you will need to save up $143,600 for the down payment and will need roughly $14,360 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Palm Springs the commission could be as much as $29,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1394 Colony Way

Last sold for $900,000 on August 29th, 2019

August, 2019
Aug 29, 2019

Date

Sold

CRMLS: 219011925DA

$900,000

Price
Jul 16, 2019

Date

Active Under Contract

CRMLS: 219011925DA

$999,000

Price
Apr 23, 2019

Date

Active

CRMLS: 219011925DA

$999,000

Price
Listing provided courtesy of CRMLS

Colony El Mirador - Privacy abounds in this enclave of 35 homes on fee land. Tucked behind massive wooden gates of a double arched entry to this unique walled community in the heart of Palm Springs is the former model home of the development. The three bedroom three and a half bath villa style main residence reinforces your sense of a personal oasis with a gated private courtyard entrance, a separate casita for guests and a secluded rear yard pool and spa with water features. Nearly 3500 sq/ft of inside living combine with multiple exterior areas for enjoying the very best qualities the desert lifestyle. A new HVAC system w/humidifyer, as well as water heater were installed in 2017. Turnkey Furnished

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August, 2019
Aug 29, 2019

Date

Sold (Public Records)

Public Records

$900,000

Price
May, 2019
May 18, 2019

Date

Canceled

CRMLS: 18389920PS

$8,495

Price
Sep 25, 2018

Date

Active

CRMLS: 18389920PS

$8,495

Price
Listing provided courtesy of CRMLS

Gorgeous! This spectacular Spanish styled home, located in the much desired central Palm Springs community known as ""The Colony of El Mirador"", is your ideal vacation location! Furnished with extraordinary care and attention to detail, The Colony Retreat offers a rare opportunity to experience the coveted desert lifestyle in one of the most prestigious private gated areas of Palm Springs.This Palm Springs vacation home offers its guests over 3,500 square feet of luxury, 3 bedrooms and 4 bathrooms, comfort and relaxation. The open floor plan flows graciously from one room to another offering expansive living and entertainment areas. The dramatic entrance opens to a spacious foyer, high ceilings and a spectacular back-drop of glass windows. The view outdoors invites you to an expansive private patio with a covered living area and an inviting sparkling pool and spa. The spacious master bedroom suite offers a complete private retreat in itself.

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April, 2015
Apr 10, 2015

Date

Sold (Public Records)

Public Records

$870,000

Price
April, 2015
Apr 10, 2015

Date

Sold

CRMLS: 14817749PS

$870,000

Price
Jan 12, 2015

Date

Active

CRMLS: 14817749PS

$895,000

Price
Listing provided courtesy of CRMLS

Absolutely gorgeous, highly upgraded, private home with stunning mountain views located in Central Palm Springs prestige gated community of 35 homes on fee land, The Colony of El Mirador. 3,079 sq ft main house + 340 sq ft separate casita totals 3,419 sq ft on huge, beautifully landscaped, 15,246 sq ft lot in prime interior location, former model home for development. Private pool and spa with water feature, power misters in patio area, 3 bedrooms + den/4th bedroom, 3 1/2 baths. Large kitchen has granite countertops, huge center island, double pantries. Kitchen, breakfast and family room with wet bar, creates a huge 51+ foot long casual entertaining area with 12 ft high ceilings in main living area, 10 ft high in bedrooms, 8 ft high solid doors. Must see this unique home, furnishing available.

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Tax History for 1394 Colony Way

Assessed Value (2020): $900,000

Year	Land Value	Improved Value	Assessed Value
2020	$129,000	$771,000	$900,000

About 1394 Colony Way

Detailed summary of property

1394 Colony Way is a single family home in Palm Springs, CA 92262 and last sold on August 29, 2019 for $900,000. This house has 4 bedrooms, 3 bathrooms, roughly 3,419 living square feet, and sits on an approximately 15,245 square foot lot. Homes in Palm Springs are selling for a median price of $590,000 and a median price per square foot of $412. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 52.54% higher than the current median priced home. 1394 Colony Way was last sold on August 29, 2019 for $900,000. Local nearby listings include 1225 Hardt St, 20858 Bakal Dr and 7012 Newbury Ave. The average home in Palm Springs, CA is selling in 130 days. There are currently 769 homes for sale in the Palm Springs real estate market and 397 of them are single family homes while 358 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 1394 Colony Way Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 1394 Colony Way

Public county record property details

Beds: 4
Baths: 3
Year built: 2000
Sq. Ft.: 3,419
Lot Size: 15,245
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 29
APN: 507-520-006

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$785,000

Median List Price/Sq.Ft.

$472

Median Sold Price

$637,500

Median Sold Price/Sq.Ft.

$445

Total Inventory

468

Median Sale to List Price %

98.84%

Avg Days on Market

Loan Type

Conventional (26.92%), FHA (1.92%), VA (0%), Cash (38.46%), Other (5.77%)

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