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1563 Lorena Way, Palm Springs, CA 92262
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1563 Lorena Way Palm Springs, CA 92262

$770,000 Sold Price as of 11/08/2023
  • 4 Beds
  • 2 Baths
  • 1,597 Sq.Ft.
Sold
$770,000 Sold Price as of 11/08/2023 Refinance Your Mortgage
Map preview of 1563 Lorena Way, Palm Springs, CA 92262

Property Overview: 1563 Lorena Way Palm Springs, CA has 4 bedrooms, 2 bathrooms, 1,597 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Experience the epitome of Palm Springs living in this stunning 4BR, 2Bath oasis nestled on a tranquil cul-de-sac just minutes from Downtown Palm Springs. This home offers stunning Southwestern mountain views from the outdoor entertaining areas. The open kitchen/dining area flows seamlessly into the living room with a fireplace and high vaulted ceilings. The large primary bedroom has direct access to the backyard, which features a pool and spa. Hard surface tiled floors throughout the home make for easy maintenance, and the 2 car garage with storage cabinets provides plenty of parking. The pie-shaped lot affords not only a very private pool area surrounded by hedges and lush plantings, but also a fenced side yard perfect as a dog run or to create a separate entertaining space. This home is move-in ready and perfect for anyone looking for a primary residence, private getaway retreat or investment. The home is currently a very successful vacation rental and as of the listing date neighborhood density still allows for this to remain a vacation rental. Offered furnished per inventory. Call today to schedule your private showing!

Listed by Will Cook | BRE #01879277 | Equity Union
Last checked: 13 minutes ago | Last updated: December 6th, 2023 | Source CRMLS | DOM: 118

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1999
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
219096156DA
City
Palm Springs
County
Riverside
Time on Site
319 days

Property Details for 1563 Lorena Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Gas, Living Room
Room Information
  • Flooring: Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Gas Range, Microwave, Refrigerator, Dishwasher
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: Heated, Private, In Ground
  • Has Sprinklers
Exterior Features
  • Has Pool
  • Pool Features: In Ground, Electric Heat, Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Street, Driveway, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Sprinkler System, Planned Unit Development
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s)
  • Parcel Number: 501182019
  • Year Built Source: Assessor
  • Property is not Attached
  • Offered With Property: Washer/Dryer/Refrigerator, furnished per inventory list.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Flora Vista
  • Directions: Head north on Sunrise Way, turn left onto E Via Escuela, turn right onto N Paseo De Anza, turn right onto Olga Way, Olga Way turns left and becomes Sharon Way, and a left onto Lorena Way. Cross Street: Shannon Way.
View more facts & features

Local Palm Springs Agent

Sale History for 1563 Lorena Way

Last sold for $770,000 on November 8th, 2023

  • November, 2023

  • Nov 8, 2023

    Date

    Sold

    CRMLS: 219096156DA

    $770,000

    Price

  • Jun 10, 2023

    Date

    Active

    CRMLS: 219096156DA

    $829,000

    Price

  • October, 2022

  • Oct 31, 2022

    Date

    Expired

    CRMLS: 219084134DA

    $899,000

    Price

  • Sep 6, 2022

    Date

    Active

    CRMLS: 219084134DA

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Located on a cul-de-sac in Vista Flora, 10 minutes from Downtown Palm Springs, this 4 Bedroom, 2 Bath, 1597 sq ft home boasts magnificent SouthWestern mountain views from the outdoor entertaining areas! Newer stainless appliances in kitchen. Open kitchen/dinning area flows into Living room with Fireplace and high vaulted ceilings. The nice sized Primary bedroom has a tiled walk in shower, closet organizers and sliding doors to the backyard/pool area. Hard surface tiled floors throughout, 2 car garage with storage cabinets. The pie shaped lot affords not only a very private pool area surrounded by hedges and lush plantings, but also a fenced side yard perfect as a dog run or to create a separate entertaining space. Currently a very successful vacation rental, this property is offered furnished per inventory.

  • September, 2022

  • Sep 6, 2022

    Date

    Canceled

    CRMLS: 219077598DA

    $899,000

    Price

  • Apr 22, 2022

    Date

    Active

    CRMLS: 219077598DA

    $949,000

    Price

  • Listing provided courtesy of CRMLS

    Located on a cul-de-sac in Vista Flora, 10 minutes from Downtown Palm Springs, this 4 Bedroom, 2 Bath, 1597 sq ft home boasts magnificent SouthWestern mountain views from the outdoor entertaining areas! Newer stainless appliances in kitchen. Open kitchen/dinning area flows into Living room with Fireplace and high vaulted ceilings. The nice sized Primary bedroom has a tiled walk in shower, closet organizers and sliding doors to the backyard/pool area. Hard surface tiled floors throughout, 2 car garage with storage cabinets. The pie shaped lot affords not only a very private pool area surrounded by hedges and lush plantings, but also a fenced side yard perfect as a dog run or to create a separate entertaining space. Currently a very successful vacation rental, this property is offered furnished per inventory.

  • May, 2019

  • May 24, 2019

    Date

    Sold

    CRMLS: 19450430PS

    $460,000

    Price

  • Apr 9, 2019

    Date

    Active Under Contract

    CRMLS: 19450430PS

    $449,000

    Price

  • Apr 2, 2019

    Date

    Active

    CRMLS: 19450430PS

    $449,000

    Price

  • Listing provided courtesy of CRMLS

    Inviting Palm Springs home located just 10 minutes to downtown. Walking distance to shopping as well as exceptional mountain views from your own pool. This property is in a cul-de-sac within a great neighborhood. It will make a great full-time home, second home, or rental property. Freshly painted inside and out in nice warm neutral colors. This open concept kitchen is open to big dining area. Three full bedrooms and an office/den/4th bedroom off the living area. The nice sized master suite has tiled walk-in shower, closet organizers and sliding doors to the backyard and pool. Tiled throughout the whole home. Living and master bedroom have high vaulted ceilings. Two car garage with storage cabinets. Includes alarm system, window coverings, and tinted windows for heat resistance. Relax and entertain by the wonderful pool and outside BBQ island under the large covered patio area. Yard is very private surrounded by hedges and lush plantings. The home includes solar system paid for.

  • May, 2019

  • May 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

  • June, 2000

  • Jun 12, 2000

    Date

    Sold (Public Records)

    Public Records

    $210,000

    Price

Show More

Tax History for 1563 Lorena Way

Assessed Value (2020): $469,200
Year Land Value Improved Value Assessed Value
2020 $68,850 $400,350 $469,200

Home Value Compared to the Market

This property vs the competition

1563 Lorena Way sold on November 8, 2023 for 27.54% higher than the current median sold price for the city of Palm Springs which is $650,000. The median sold price per/sqft for Palm Springs is $438 and this home is sold at $519.1 per/sqft which puts the price per square foot 18.52% higher than the current median sale per square foot for the city of Palm Springs.

About 1563 Lorena Way

Detailed summary of property

1563 Lorena Way is a single family home that recently sold in Palm Springs, CA 92262. This house offered 4 bedrooms, 2 bathrooms, roughly 1,597 living square feet, and sits on an approximately 7,405 square foot lot. 1563 Lorena Way was first listed on ArdentRealEstateGroup.com on June 10, 2023. The homeowner sold the property for $770,000. Home in Palm Springs are selling for a median price of $650,000 and a median price per square foot of $438. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 27.54% higher than the current median priced home. Local homes that are currently for sale include 522 Holden Dr, 20961 Bison Mesa Rd and 7118 Tippecanoe Ave. While the average home in Palm Springs, CA is selling in 105 days, 1563 Lorena Way has a days on market of 118 days. There are currently 919 homes for sale in the Palm Springs real estate market and 474 of them are single family homes while 428 of them are condos and 17 are townhomes. For more information on this home for sale at 1563 Lorena 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 1563 Lorena Way

Public county record property details
Beds
4
Baths
2
Year built
1999
Sq. Ft.
1,597
Lot Size
7,840
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
12
APN
501-182-019

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
$839,000
Median List Price/Sq.Ft.
$496
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$487
Total Inventory
504
Median Sale to List Price %
98.06%
Avg Days on Market
53
Loan Type
Conventional (14.12%), FHA (1.18%), VA (0%), Cash (44.71%), Other (20%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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