See Home Value
$630,000 - $768,000
House - Off Market

1370 E Luna Way

Palm Springs, CA 92262
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1258 Sqft
Refi Dec 08, 2023
Transfer
$285,000 by Franklin Loan Center
Mortgage Due Dec 01, 2053

About This Property

Escape to a true haven of relaxation and luxury in this exquisite Palm Springs pool home. With its fantastic short-term rental potential, this property offers an exceptional opportunity as a vacation retreat or a full-time residence you decide. Prepare to unwind and soak up the Palm Springs experience, where abundant sunshine, mountain views, and poolside lounging await.

As you step inside, you'll love the high ceilings, open floor plan, and a tastefully updated kitchen. The seamless blend of Travertine flooring in the kitchen and living room, combined with the Oak in the bedrooms, creates an ambiance of sophistication.

The true allure of this home lies in the expansive backyard. Take a refreshing dip in the Pebble-Tec pool, or let your worries melt away in the huge in-ground spa while you marvel at the awe-inspiring mountain views. Your very own paradise.

Both the front and back yards are well designed with low maintenance landscaping, so you can fully enjoy the PS lifestyle without the burdens of extensive upkeep.

The *Land Lease for this home is $350 per month and locked in till 2077 and **Bonus this property qualifies to be a *Short Term Rental*. With a density of only 14.48%, you have the freedom to rent this home as you wish.

Don't miss your chance own a Palm Springs Pool home for under $700K. Schedule your in person viewing today!

The manager has listed the unit size as 1258 square feet.
Unit Size
1,258Ft²
Days on Market
-
Land Size
-
Price per sqft
$556
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982

Price History

Date / Event Date Event Price
Dec 15, 2023 No longer available -
No longer available
Nov 2, 2023 In contract -
In contract
May 30, 2023 Listed $699,000
Listed

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 322
  • Parking Space Count: 1
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,748
  • Gross Building Area: 1,748
  • Building Area: 1,258
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,258
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 165811
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .17 ACRES NET IN LOT 75 MB 121/005 TR 16581-1

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 941300

Zoning

  • Zoning: R1C

Geography

  • Subdivision Tract Number: 16581-1
  • Parcel: 009-608-152
  • Lot: 75
  • Municipality: PALM SPRINGS
  • Latitude: 33.8546
  • Longitude: -116.533

    Address

  • Full Address: 1370 E Luna Way
  • Address - House Number: 1370
  • Street Direction: E
  • Address - Street Name: Luna
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C025
  • 4-Digit Zip Code: 2309
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 1,258
  • Tax Year: 2022
  • Tax Amount: $2,686
  • Tax Rate Code Area: 11-005

    Appraisal Valuation

  • Standard Deviation: 0.0768
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 674,672
  • High Value: 726,539
  • Low Value: 622,804

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: FRANKLIN LOAN CENTER
  • First Open Lien Mortgage Recording Date: Dec 08, 2023
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $609,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,334
  • Assessed Land Value: $43,319
  • Assessed Improvements Value: $156,015

    Exemptions

  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,188 ft²
$626/ft²
$744,000 Aug 3, 2023
-
-
House
3 Beds
2 Baths
1,750 ft²
$457/ft²
$799,999 Aug 24, 2023
-
-
In Contract
House
4 Beds
2 Baths
1,597 ft²
$519/ft²
$829,000 Jun 11, 2023
-
-
House
2 Beds
1 Bath
840 ft²
$690/ft²
$579,999 Nov 3, 2023
-
-
House
2 Beds
2 Baths
2,748 ft²
$225/ft²
$619,000 Sep 26, 2023
-
$368/mo

About Racquet Club Estates


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Frequently Asked Questions

When was property at 1370 East Luna Way built and last sold?
The property at 1370 East Luna Way was built in 1982 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1370 East Luna Way is $724,362.
What are some comparable homes to 1370 East Luna Way?
Homes that are comparable to 1370 East Luna Way include a house property at 3283 North Mountain Shadow Drive, 2175 East Racquet Club Road, 1461 East Twin Star Road.

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