1111 E Palm Canyon Drive 122, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
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Palm Springs, California 92264
This Iconic Alexander-Built Condo is listed at $319,900, representing a stable and fair valuation at its $319,900 Fair Market Value, with recent building sales trending higher. Boasting a Renovated Condition Rating, the "Elizabeth Taylor" styled bungalow features a William Krisel design, a designer kitchen, and a private patio with unobstructed San Jacinto Mountain views. The historic Ocotillo Lodge provides a maintenance-free lifestyle with an all-inclusive HOA covering all utilities and rare short-term rental eligibility. This turn-key property is an ideal match for Vacation Rental Investors or Seasonal Residents seeking a piece of Palm Springs history.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 E Palm Canyon Drive 122 Subject | $319,900* List Price | 1 | 1 | 525 | $609 | - |
A 1111 E Palm Canyon Drive 318 Sold | $350,000 | 1 | 1 | 525 | $667 | 0.1 mi |
B 1111 E Palm Canyon Drive 312 Sold | $355,000 | 1 | 1 | 525 | $676 | 0.1 mi |
C 2290 S Palm Canyon Drive 115 Sold | $240,000 | 1 | 1 | 552 | $435 | 0.9 mi |
D 1111 E Palm Canyon Drive 226 Active | $333,000 List Price | 1 | 1 | 525 | $634 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that blends mid-century aesthetics with modern quality. It features a fully updated kitchen with quartz countertops and contemporary cabinetry, a completely remodeled bathroom with a modern floating vanity and designer geometric tiling, and high-quality wood-look flooring throughout. All fixtures, including the sputnik chandelier and appliances, appear new or virtually new, meeting the highest standards for move-in readiness.
Designed by renowned architects William Krisel and Dan Palmer, this historic Alexander-built property offers significant architectural value and a glamorous 'Rat Pack' era heritage.
The monthly HOA dues cover all essential utilities—electricity, water, trash, cable TV, and internet—providing predictable carrying costs and simplified management for owners.
Sold fully furnished and located in a community that allows short-term rentals, this unit is an immediate income-generating asset or a ready-to-use vacation retreat.
At $799 per month, the HOA fees are substantial relative to the property's square footage, which may deter buyers sensitive to high fixed monthly expenses.
With only 525 square feet of living space, the compact 'bungalow' layout may feel restrictive for long-term residents or those requiring more storage and room to move.
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?
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 3.0 mi
Grades K-12 • 1.4 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 | 525 | 1,392 | 3% |
| Lot Size | 600 | 871 | 48% |
| Price | $319.9K | $485.0K | 16% |
| Price per sq ft | $609 | $348 | 92% |
| Built year | 1995 | 1976 | 92% |
| HOA | $799.0 | $625 | 71% |
| Days on market | 264 | 156 | 91% |
Jan 31, 2026
$319,900
$329,900
-3% Price Drop
Initial Listing
Jan 27, 2026
$329,900
$339,900
-3% Price Drop
Initial Listing
Nov 14, 2025
$339,900
$349,900
-3% Price Drop
Initial Listing
Aug 1, 2025
$349,900
Initial Listing