1111 E Palm Canyon Drive 224, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

1111 E Palm Canyon Drive 224
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1111 E Palm Canyon Drive 224, Palm Springs, California 92264 is currently available with a list price of $339,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and appears well-maintained, making it ideal for its current use as a short-term rental. While the kitchen and bathroom feature older styles—including white appliances and standard cabinetry rather than a full contemporary renovation—the unit benefits from 'thoughtful updates' such as consistent hard-surface flooring and a large bathroom skylight. The iconic midcentury architectural features, like the clerestory windows, are in excellent shape, and the overall interior shows minimal physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Potential
The property explicitly allows short-term rentals, making it a premier investment opportunity in a high-demand Palm Springs vacation market.
- All-Inclusive HOA Utilities
The HOA dues cover all essential utilities—including electricity, water, and internet—providing a simplified, 'lock-and-leave' lifestyle for owners.
- Iconic Architecture and Views
Designed by William Krisel, this top-floor unit features signature clerestory windows and unobstructed mountain views within a historic midcentury modern landmark.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $900 monthly HOA fee is significantly high for a 525-square-foot unit, which may deter budget-conscious buyers or impact financing qualifications.
- Limited Living Space
With only 525 square feet of interior space, the unit offers very compact living quarters and limited storage, which may not suit full-time residents.
About 1111 E Palm Canyon Drive 224
Short term rentals are allowed! The HOA dues include everything: water, electric, WiFi, internet, cable, trash, pool, spa, clubhouse, and gym. It's all about the breathtaking, unobstructed views from this top floor unit in Ocotillo Lodge, the iconic landmark community in South Palm Springs. This unit is on the inner side of the 2nd floor, away from the traffic of E Palm Canyon Drive. From inside, the clerestory windows offer poster-perfect views of palm trees, mountains, sunrises, sunsets, and the fabulous midcentury architecture of the complex and adjacent Twin Palms neighborhood. This unit has tons of the original 1957 charm along with some thoughtful updates. The huge skylight over the double sinks in the bathroom keeps this room light and bright. There's a semi-private outdoor deck area perfect for taking in the views while enjoying the amazing desert climate. This iconic building, situated on 10 acres of prime Palm Springs land, was completed by the Alexander Company in 1957 and designed by renowned architects William Krisel and Dan Palmer as their first Palm Springs project to showcase and market their second venture, the Twin Palms neighborhood.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1995
- Lot Size
- 555 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $900.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 0.5 mi
Raymond Cree Middle School
Grades 6-8 • 3.0 mi
Desert Learning Academy
Grades K-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 525 | 1,322 | 3% |
| Lot Size | 555 | 1,148 | 41% |
| Price | $339.0K | $450.0K | 19% |
| Price per sq ft | $646 | $330 | 95% |
| Built year | 1995 | 1977 | 92% |
| HOA | $900.0 | $624 | 87% |
| Days on market | 24 | 163 | 1% |
Pricing History
Listed for Sale
Feb 11, 2026
$339,000
Initial Listing
Sold
Nov 6, 2019
$205,000
Public Record
Sold
Jul 20, 2005
$138,000
Public Record
Sold
Jan 20, 2004
$70,500
Public Record
Sold
Oct 13, 1999
$85,000
Public Record






















































