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1111 E Palm Canyon Drive 122, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

1111 E Palm Canyon Drive 122, Palm Springs, California 92264 home-pic-0
ACTIVE$339,900
1111 E Palm Canyon Drive 122, Palm Springs, California 92264
1Bed
1Bath
525Sqft
600Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Historic & Architectural Significance: The property is part of the famous Ocotillo Lodge, designed by renowned architects William Krisel and Dan Palmer, and boasts a rich celebrity history including the Rat Pack and Gene Autry.
Top Cons:
Compact Living Space: At 525 square feet, the unit offers a relatively small living area, which may not appeal to buyers seeking more spacious accommodations or those planning longer stays.

Compared to the nearby listings

Price:$339.9K vs avg $439.4K ($-99,550)21%
Size:525 sqft vs avg 1,307 sqft3%
Price/sqft:$647 vs avg $34097%

More Insights

Built in 1995 (30 years old).
Condition: Built in 1995, this property has undergone significant cosmetic updates to achieve a cohesive mid-century modern/retro aesthetic, making it move-in ready and stylish. The wood-look laminate flooring, 'sputnik chandelier,' and 'Elizabeth Taylor' styling indicate intentional design choices rather than deferred maintenance. The kitchen features updated cabinets, countertops, and a new retro-style refrigerator. While the electric coil top range appears older, it is functional within the 'fully equipped kitchen.' The overall condition is well-maintained with minimal wear and tear, aligning with the 'Good' criteria for a property extensively updated within the last 5-15 years, even if not a full structural renovation.
Year Built
1995
Close
-
List price
$340K
Original List price
$350K
Price/Sqft
$647
HOA
$799
Days on market
-
Sold On
-
MLS number
219133431DA
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
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! Once a hotel and playground to the stars, including the Rat Pack and many other celebrities, this mid-century complex has been converted to condos with fabulous amenities including 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! This lower level 'Elizabeth Taylor' styled bungalow features wall to wall sliders leading to a private patio and stunning San Jacinto Mountain views is sure to impress - complete with sputnik chandelier, retro tiled shower, fully equipped kitchen and.... 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! Where else can you own a piece of history that was once owned by Gene Autry himself?

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•1.4mi
6/10
Palm Springs High School
Public,•9-12•1.7mi
Condition Rating
Good
Built in 1995, this property has undergone significant cosmetic updates to achieve a cohesive mid-century modern/retro aesthetic, making it move-in ready and stylish. The wood-look laminate flooring, 'sputnik chandelier,' and 'Elizabeth Taylor' styling indicate intentional design choices rather than deferred maintenance. The kitchen features updated cabinets, countertops, and a new retro-style refrigerator. While the electric coil top range appears older, it is functional within the 'fully equipped kitchen.' The overall condition is well-maintained with minimal wear and tear, aligning with the 'Good' criteria for a property extensively updated within the last 5-15 years, even if not a full structural renovation.
Pros & Cons

Pros

Historic & Architectural Significance: The property is part of the famous Ocotillo Lodge, designed by renowned architects William Krisel and Dan Palmer, and boasts a rich celebrity history including the Rat Pack and Gene Autry.
Extensive Resort-Style Amenities: Owners have access to fabulous amenities such as a unique champagne cork-shaped pool, two hot tubs, a clubhouse with entertainment, a community gym, and an outdoor Sunshine bar with a grill.
All-Inclusive HOA Dues: Monthly HOA dues cover all utilities, including electricity, water, trash, cable TV, and internet, simplifying budgeting and offering predictable ownership costs.
Strong Income Potential: The complex allows short-term rentals, making this unit an attractive investment opportunity for generating rental income.
Turn-Key & Stylish Living: Sold fully furnished in an 'Elizabeth Taylor' styled bungalow, featuring retro elements, a private patio, and stunning San Jacinto Mountain views.

Cons

Compact Living Space: At 525 square feet, the unit offers a relatively small living area, which may not appeal to buyers seeking more spacious accommodations or those planning longer stays.
High Monthly HOA Dues: Despite being all-inclusive, the $799 monthly HOA fee is substantial for a unit of this size, potentially impacting affordability or investment returns.
Recent Price Adjustment: A recent price reduction from $349,900 to $339,900 could indicate a slower market response or that the initial pricing was not fully aligned with buyer expectations.

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