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 home-pic-0

1111 E Palm Canyon Drive 224

Palm Springs, California 92264

ACTIVE
CONDITION: GOOD
1Beds
1Baths
525Sq Ft
555Lot Size

Property Price

LIST PRICE$339,000

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

Good
TeardownExcellent

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

4/10

Raymond Cree Middle School

Grades 6-8 • 3.0 mi

4/10

Desert Learning Academy

Grades K-12 • 1.4 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
13%
Baths1.02.0
10%
Square foot5251,322
3%
Lot Size5551,148
41%
Price$339.0K$450.0K
19%
Price per sq ft$646$330
95%
Built year19951977
92%
HOA$900.0$624
87%
Days on market24163
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

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