Rent to Own Eligible
$675,000
2 bed 2 bath 1,500 sqft

125 The Riv, Palm Springs, CA 92262

Condo For Sale On ZeroDown for 2 months
MLS Status: Active

Newer construction, great mountain views, and a track record of strong seasonal rentals. This is the larger of the two floorplans at 64@The Riv, featuring dual primary suites with private baths and a hall powder room. This particular unit was the original model for the floorplan. 64@The Riv is a private gated community within walking distance of downtown Palm Springs, featuring clean modern design, resort style pool and lounge areas, electric car charging stations, a beautiful community dog park and 360 mountain views. This home has high ceilings, fully paid solar (no lease!) low-E glass, tankless water heater, and is wired for home automation and smart audio/visual systems including ceiling speakers. Builder upgrades include upgraded cabinetry, 24x24 designer tile flooring throughout home and upgraded shower tile packages, and Fisher Paykel appliances with two drawer dishwasher and wine cooler. Other upgrades done by the homeowner include ceramic solar film on doors and windows to reduce UV and heat, electronic blinds, and barn-style doors at both in-suite bathrooms. This would make a perfect pied-a-terre, permanent home or investment property. Low HOA and you own the land. Call today for a private showing.

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All About The Home

Property Details for 125 The Riv

Home Highlights
Price/Sqft :
Parking:
Detached Carport, Guest
Time on ZeroDown:
2 months
Property Facts
Year Built
2018
MLS #
219088003PS
Property Type
Residential, Condominium
Style
Modern
Lot Size
1,661 sq ft.
Status
Active
Time On ZeroDown
2 months
Floor Size
1,500 sq ft.
Interior Features

Laundry Information

Has Laundry:
Yes
Laundry Features:
In Closet

Bathroom Information

Total Baths:
3
# of Baths (3/4):
2
# of Baths (1/2):
1
Bathroom Features:
Shower, Vanity area

Bedroom Information

# of Bedrooms:
2

Room Information

Room Type(s):
Great Room, Two Masters, Walk-In Closet
Eating Areas:
Breakfast Counter / Bar, Dining Room
Kitchen Features:
Kitchen Island, Quartz Counters

Interior Features

Interior Features:
Open Floorplan, Beamed Ceilings, High Ceilings
Flooring:
Tile, Carpet
Window Features:
Blinds

Heating & Cooling

Heating:
Natural Gas, Solar, Central
Cooling:
Central Air
See 20+ more property details
Listed by: Scott Ehrens
Brokerage: Compass
MLS#: 219088003PS
Source: CRMLS
Details provided by CRMLS and may not match the public record.
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Rent-to-own
Buy with Mortgage
No down payment
$5,719/mo
3% starter payment, 10% savings after 36 months

Location

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Financials

Market Comparison

There aren't too many bidding wars right now in 92262, with homes selling 4% below asking price over the last three months.

Built in 2018, this home is among the most newest homes in Racquet Club Estates.

Is this a good deal?

This home is about average among homes in Racquet Club Estates in terms of listing price per square foot.

Can I rent this place out?

How much rent can I earn on this place? What's the rental earnings potential? Learn more about the rental earnings potential for this area.
Home History

Public Facts about 125 The Riv

This home was last assessed for taxes in 2020 for $484500.

Built in 2018, this home is among the most newest homes in Racquet Club Estates.

Around The Neighborhood

How Are the Schools in Racquet Club Estates?

92262 public schools nearby are pretty good, ranking around the Greater Los Angeles region average.

Can I raise a family in Racquet Club Estates?

42% of homes in 92262 are renter-occupied with an average household size of 2.1 members.

There are plenty of options for childcare for young families in 92262, including First School of the Desert and Purple Palm Restaurant. Proximity to urgent care centers such as Desert Oasis Urgent Care, Eisenhower Urgent Care, and Eisenhower Labtechniques Palm Springs is also a plus.

What's nearby 125 The Riv?

Instacart grocery delivery is available in 92262 from 24 stores including Sam's Club, Gelson's, Smart & Final, Costco, and ALDI.

Dessert shops like Panera Bread, Lapperts Ice Cream, and Jus' Chillin' are great options in 92262 for satisfying your sweet tooth.

You can get takeout tacos from Tac/Qúila or La Perlita or burgers from Grand Central Palm Springs or John's in 92262. If you'd rather sit down, check out Dale's Lost Highway Roadhouse, Venezia Italian Restaurant & Pizzeria, or Fuzion Five.

What are my public transportation options in Racquet Club Estates?

More than 70% of commuters drive to work alone in 92262.

92262 has a walk score of 17, a bike score of 19, and a transit score of 21. Almost all errands require a car.

Where Can I Charge My Electric Vehicle near 125 The Riv?

There are 27 electric vehicle charging locations in 92262 with a total of 74 level 2 and 14 DC fast chargers .

Recently Sold Homes in Racquet Club Estates

56 homes were sold in 92262 this month, which is 30% higher than last month and 44% lower than last year.

Quality of Life

Natural Hazards risk in Palm Springs

Based on historical data, this property is at risk of experiencing earthquakes with peak ground acceleration of up to 0.40g, which would produce severe shaking and moderate to heavy structural damage. Pay close attention to natural hazards and structural inspection reports during diligence.

This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.

Will I Like My Neighbors in Racquet Club Estates?

This home is in a precinct that voted for Joe Biden in 2020, who took 75% of the 5416 votes cast.

42% of homes in 92262 are renter-occupied with an average household size of 2.1 members.

89.6% of adults in 92262 have completed high school, which is 0.2% lower than the national average.

Who provides the best cell coverage in Racquet Club Estates?

The best mobile coverage in 92262 is provided by T-Mobile with 213 cellular sites.

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