
Palm Springs, California 92264
This Turnkey Desert Condominium is a High-Potential Investment Opportunity, listed at $199,000—positioned well below the $230,712 Fair Market Value by 13%. This valuation gap provides $31,712 in Instant Equity. Boasting a Condition Rating of 3, the unit features a brand-new HVAC system, fresh paint, and a private balcony with sweeping mountain views. Residents enjoy resort-style amenities including pools and pickleball, all within the Palm Springs Unified School District. This move-in-ready residence is an ideal sanctuary for seasonal homeowners or first-time buyers seeking a value-driven desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 E Ramon Road 84 Subject | $199,000* List Price | 1 | 1 | 790 | $292 | - |
A 1050 E Ramon Road 84 Active | $209,000 List Price | 1 | 1 | 790 | $265 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a brand-new HVAC system and recent cosmetic updates including fresh paint in the kitchen and bathroom. While the 1979 build date and white appliances are older, the unit is turnkey with updated tile flooring and functional fixtures, meeting the criteria for a well-maintained home within its expected lifespan.
The property features a brand-new HVAC system and freshly painted kitchen and bathroom, offering immediate value and reducing near-term maintenance costs for the buyer.
Located within Ramon Estados, residents have access to premium facilities including two pools, two spas, a fitness center, sauna, and multiple tennis and pickleball courts across ten acres.
This unit is offered turnkey furnished and includes a private balcony with sweeping mountain views, making it an ideal move-in ready desert retreat or secondary residence.
The 30-day minimum rental policy prevents short-term vacation rental opportunities, which may limit the property's appeal to investors seeking high-frequency rental income.
The monthly HOA fee of approximately $484 is relatively high for a one-bedroom unit, impacting the overall monthly carrying costs for the owner.
Back on the market with a new HVAC and painted kitchen and bath. It looks amazing! Welcome to this charming turnkey furnished one-bedroom, one-bath condo in the heart of Palm Springs. This inviting residence offers a comfortable blend of style and functionality, ideal as a full-time home or desert getaway. The floor plan fills the space with natural light and creates an easy flow between the living and dining areas. A well-appointed kitchen offers all appliances, generous storage, making all cooking activities effortless. Step out onto your private balcony and enjoy sweeping mountain views, an ideal setting for morning coffee or sunset cocktails. This property has a brand new HVAC!! Ramon Estados as 134 condos on ten beautifully maintained acres. The community amenities include two pools, two spas, a fitness center, sauna, three lighted tennis courts, and four pickleball courts. Conveniently located minutes from downtown Palm Springs dining, shopping, and entertainment, Ramon Estados offers resort-style living with a 30-day minimum rental policy in a prime central location. Contact agent for a private showing.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.9 mi
Grades K-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 790 | 1,391.5 | 9% |
| Lot Size | - | 871 | 44% |
| Price | $199.0K | $485.0K | 2% |
| Price per sq ft | $252 | $347 | 10% |
| Built year | 1979 | 1976 | 62% |
| HOA | $483.84 | $624 | 10% |
| Days on market | 5 | 156 | 1% |
Apr 17, 2026
$199,000
Initial Listing