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

$949,000
  • 4 Beds
  • 2 Baths
  • 1,597 Sq.Ft.
For Sale
$949,000 Get Pre-Qualified

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 to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Will Cook | BRE #01879277 | Keller Williams Luxury Homes
Co-listed by Will Cook Group | BRE #01879277 | Keller Williams Luxury Homes
Last checked: 6 minutes ago | Last updated: May 17th, 2022 | Source CRMLS | DOM: 29
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Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1999
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
219077598DA
City
Palm Springs
County
Riverside
Time on Site
28 days

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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
  • Dishwasher, Gas Range, Microwave, Refrigerator
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: Driveway, Garage Door Opener, Street
  • Has Attached Garage
Lot Information
  • Lot Features: Sprinkler System
  • 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
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: Sharon Way.
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Sale History for 1563 Lorena Way

Last sold for $460,000 on May 23rd, 2019
  • April, 2022

  • Apr 22, 2022

    Date

    Active

    CRMLS: 219077598DA

    $949,000

    Price

  • 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

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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 is listed 10.62% higher than the median list price for the city of Palm Springs which has a median list price of $857,900. The median price per/sqft for Palm Springs is $470 and this home is listed at $594.24 per/sqft which puts the price per square foot 26.43% higher than the median price 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 located in Palm Springs, CA 92262 and is currently for sale. This house offers 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 April 22, 2022. The homeowner is currently asking $949,000. The median priced home in Palm Springs is $857,900 with a median price per square foot of $470. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is listed 10.62% higher than the median priced home. Local competing homes currently for sale include 664 E Lily St, 620 Camellia St and 2390 N Volturno Rd. While the average home in Palm Springs, CA is selling in 66 days, 1563 Lorena Way has a days on market of 29 days. There are currently 547 homes for sale in the Palm Springs real estate market and 315 of them are single family homes while 228 of them are condos and 4 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
$874,000
Median List Price/Sq.Ft.
$489
Median Sold Price
$665,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
311
Median Sale to List Price %
102.31%
Avg Days on Market
19
Loan Type
Conventional (23.71%), FHA (0%), VA (0%), Cash (32.99%), Other (19.59%)

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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.