ActiveResidential · sale

761 Nugget Lane

Palm Springs, CA 92262

$899,000

  • 3 beds
  • 4 baths
  • 2,084 sq ft
  • 0.13 acres
  • Built 2022

Listed by Compass · MLS #OC26069651

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2022.

Garage parking

2 garage spaces listed.

Property size

0.13 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

PRIME MIRALON RETREAT IN PALM SPRINGS Designed for effortless desert living this fully furnished beautifully appointed private pool home showcases an openconcept floor plan enhanced by bespoke finishes including a striking accent wall that offers modern sophistication to the main living space Towering ceilings expansive windows and sliding glass doors flood the interior with natural light creating a bright and airy ambiance throughout The chefs kitchen impresses with white quartz countertops stainless steel appliances white cabinetry and generous island perfect for casual dining meal prep and gatherings Seamless flow between the kitchen and living areas makes the space ideal for everyday living and entertaining The primary suite is thoughtfully designed for comfort and relaxation The spainspired bathroom features dual sinks contemporary finishes and curbless walkin shower offering a resortlike experience Additional bedrooms provide flexibility for guests or home office Indooroutdoor living is at the forefront of this homes design Enjoy your own private oasis where a sparkling spool invites you to cool off under the desert sun Multiple patio areas offer options for dining lounging and entertaining while the lowmaintenance artificial turf adds yearround greenery All of this set against breathtaking southern mountain views delivering a serene and picturesque backdrop Owned solar and short term rentals allowed city regulations Minutes from downtown Palm Springs this home offers convenient access to vibrant dining shopping galleries and entertainment Enjoy the best of desert living with close proximity to renowned restaurants boutique shops and lively energy that makes Palm Springs a worldclass destination Residents enjoy a thoughtfully designed amenityrich environment that embraces both wellness and connection The gated community offers miles of meandering walking and biking trails 7000 olive trees upick gardens lakes dog parks and gathering areas that encourage an active social lifestyle Abundant resortstyle amenities including pools wcabanas spas Yoga studio fitnesswellness center conference rooms and stylish Miralon Club with Mirabar designed for relaxation and community events Other amenities include bocce ball firepits and outdoor BBQ areas With modern design natural desert surroundings and strong sense of community Experience a masterpiece of extraordinary luxury living and lifestyle

THE NEIGHBORHOOD

Explore the location.

761 Nugget Lane, Palm Springs, CA 92262

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2022
Half baths
1
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
SixBurnerStove,BuiltInRange,ConvectionOven,Dishwasher,EnergyStarQualifiedAppliances,ExhaustFan,Freezer,Disposal,GasRange,Microwave,Refrigerator,TanklessWaterHeater,VentedExhaustFan,WaterToRefrigerator
Flooring
Carpet,Tile
Utilities
CableAvailable,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
Block,WroughtIron
Pool
Yes
Pool features
Community,Heated,InGround,Private,Association
Spa
Yes
Subdivision
Miralon
Parcel
669780039
HOA
Miralon
HOA amenities
BocceCourt,Clubhouse,ControlledAccess,DogPark,FitnessCenter,FirePit,MeetingRoom,OutdoorCookingArea,Barbecue,PicnicArea,Pool,RecreationRoom,Guard,SpaHotTub,Security,Trails
HOA fee frequency
Monthly
Elementary school
Vista Del Monte
Middle school
Raymond Cree
High school
Palm Springs
HOA fee
$530.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,745.83
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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761 Nugget Lane, Palm Springs, CA 92262 · MLS #OC26069651

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Listing information

MLS #OC26069651 · California Regional MLS

Listing brokerage: Compass
Listing agent: Dean Lueck

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.