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1111 E Palm Canyon Drive 104, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

1111 E Palm Canyon Drive 104, Palm Springs, California 92264 home-pic-0
ACTIVE$349,900
1111 E Palm Canyon Drive 104, Palm Springs, California 92264
1Bed
1Bath
525Sqft
600Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Historic Mid-Century Modern Appeal: The property is part of the famous Ocotillo Lodge, designed by renowned architects William Krisel and Dan Palmer, built by the Alexander Company, and was a playground for stars like the Rat Pack, offering significant historical and architectural value.
Top Cons:
High Monthly HOA Fees: Despite including all utilities, the $799 monthly HOA fee is substantial, which could be a significant ongoing cost for potential buyers, especially for a smaller unit.

Compared to the nearby listings

Price:$349.9K vs avg $439.4K ($-89,550)25%
Size:525 sqft vs avg 1,307 sqft3%
Price/sqft:$666 vs avg $34098%

More Insights

Built in 1995 (30 years old).
Condition: The property, built in 1995, is well-maintained and features updated flooring and a modern mid-century aesthetic in the main living areas. However, the kitchen and bathroom, while clean and functional, show significant signs of being outdated. The kitchen has older white appliances, a dated tile backsplash, and basic cabinetry. The bathroom features a tile countertop, a traditional vanity style, and mosaic shower tiles that are not contemporary. These elements suggest renovations or original features that are 15-30 years old, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated and would benefit from minor updates.
Year Built
1995
Close
-
List price
$350K
Original List price
$360K
Price/Sqft
$666
HOA
$799
Days on market
-
Sold On
-
MLS number
219127452DA
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to the famous Ocotillo Lodge in sunny Palm Springs! Designed by renowned architects William Krisel and Dan Palmer, built by the Alexander Company, this once hotel and playground to the stars including the Rat Pack is now a mid-century complex that has been converted to condos. Fabulous amenities include a champagne cork-shaped pool, two hot tubs, a clubhouse with pool tables and piano, community gym, and an outdoor Sunshine bar with a built-in grill - an entertainer's dream! Live every day like you're on vacation in this lower level desert-styled bungalow featuring large sliders that open to a private patio with views of the majestic San Jacinto Mountains. This charming unit is sure to impress - complete with sputnik chandelier, tiled shower, beamed ceilings, fully equipped kitchen and.... is being sold turn-key furnished! Monthly HOA dues cover ALL utilities: electricity, water, trash, cable TV, and internet. Close to dining, shopping, and entertainment too. Whether you are looking to pick up a full time pad, dreamy weekend getaway, or a fantastic income property that allows short-term rentals, Ocotillo Lodge is where it's at! Own a piece of history in the heart of Palm Springs today!

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•3.0mi
4/10
Desert Learning Academy
Public,•K-12•1.3mi
6/10
Palm Springs High School
Public,•9-12•1.6mi
Condition Rating
Fair
The property, built in 1995, is well-maintained and features updated flooring and a modern mid-century aesthetic in the main living areas. However, the kitchen and bathroom, while clean and functional, show significant signs of being outdated. The kitchen has older white appliances, a dated tile backsplash, and basic cabinetry. The bathroom features a tile countertop, a traditional vanity style, and mosaic shower tiles that are not contemporary. These elements suggest renovations or original features that are 15-30 years old, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated and would benefit from minor updates.
Pros & Cons

Pros

Historic Mid-Century Modern Appeal: The property is part of the famous Ocotillo Lodge, designed by renowned architects William Krisel and Dan Palmer, built by the Alexander Company, and was a playground for stars like the Rat Pack, offering significant historical and architectural value.
Exceptional Community Amenities: Residents enjoy fabulous amenities including a champagne cork-shaped pool, two hot tubs, a clubhouse with pool tables and piano, a community gym, and an outdoor Sunshine bar with a built-in grill, providing a resort-like lifestyle.
All-Inclusive HOA & Investment Potential: Monthly HOA dues cover all utilities (electricity, water, trash, cable TV, and internet), simplifying budgeting. Additionally, the complex allows short-term rentals, making it an attractive income-generating property.
Turn-Key Furnished & Charming Interior: The unit is sold turn-key furnished and features charming desert-styled elements such as a sputnik chandelier, tiled shower, beamed ceilings, and a fully equipped kitchen, making it immediately ready for occupancy or rental.
Desirable Location & Mountain Views: Located in the heart of Palm Springs, close to dining, shopping, and entertainment, with a private patio offering majestic views of the San Jacinto Mountains.

Cons

High Monthly HOA Fees: Despite including all utilities, the $799 monthly HOA fee is substantial, which could be a significant ongoing cost for potential buyers, especially for a smaller unit.
Compact Living Space: With only 525 sqft, the unit offers limited living space, which may not be suitable for buyers seeking a larger primary residence or extended stays.
Lower Level Unit: Being a lower-level unit could potentially mean less natural light, increased noise from above, and reduced privacy compared to units on higher floors.

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