597 Orchid Tree Lane, Palm Springs

Pending Lease Land

$485,000

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3

Beds

2

Baths

1,325

Square feet

0.23

Acres

Listing Agent
Scott Timberlake - Realty Trust

About 597 Orchid Tree Lane

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.

597 Orchid Tree Lane is a Residential property for sale. This Residential property is on Lease land and the current price is $485,000. This property has 3 bedrooms and 2.00 bathrooms and it was built in 1980. 332 - Central Palm Springs property has been listed on www.geoffreymoore.com for 30 days.

Features of 597 Orchid Tree Lane

MLS® # 219105817PS
Price $485,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,325
Acres 0.23
Year Built 1980
Type Residential
Sub-Type Single Family Residence
Status Pending

Community Information

Address 597 Orchid Tree Lane
Area 332 - Central Palm Springs
Subdivision Sun Villas
City Palm Springs
County Riverside
Zip Code 92262

Amenities

Parking Spaces 4
Parking Direct Access, Driveway, Garage
# of Garages 2
Garages Direct Access, Driveway, Garage
View Mountain(s)
Is Waterfront No
Has Pool No

Interior

Interior Tile
Cooling Central Air, Gas
Has Basement No
Fireplace Yes
Fireplaces Living Room
# of Stories 1
Stories One

Exterior

Exterior Stucco
Lot Description Cul-De-Sac, Irregular Lot, Level, Yard
Roof Flat, Rolled/Hot Mop, Tile
Construction Stucco
Foundation Slab

School Information

District Palm Springs Unified

Additional Information

Date Listed January 24th, 2024
Days on Market 30
Foreclosure No
Short Sale No
RE / Bank Owned No
Land Type Lease
Lease Amount $4,515

Listing Details

AgentScott Timberlake
OfficeRealty Trust

Listing Map

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