1111 E Palm Canyon Drive 310, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

1111 E Palm Canyon Drive 310, Palm Springs, California 92264 home-pic-0
ACTIVE$439,000
1111 E Palm Canyon Drive 310, Palm Springs, California 92264
1Bed
1Bath
525Sqft
Lot
Year Built
1957
Close
-
List price
$439K
Original List price
$439K
Price/Sqft
$836
HOA
$799.81
Days on market
-
Sold On
-
MLS number
25551557PS
Home ConditionExcellent
Features
Excellent View: Courtyard, Mountain(s), Trees/Woods
Patio
ViewCourtyard, Mountain(s), Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $439.0K(50th), sqft - 525(3th), beds - 1(13th), baths - 1(11th).

This is an amazing opportunity! The Ocotillo Lodge is an historically significant property in South Palm Springs. The updates to this villa, like the new HVAC unit, appliances, and fixtures, make it feel modern, yet it still retains that historic charm. Being so close to the pool and with those mountain views, it's got that perfect balance of relaxation and activity. The fact that it's already a successful short-term rental adds even more appeal, especially for someone looking to generate income while enjoying the Palm Springs lifestyle. Most furnishings are included in the sale making this an ideal move-in ready property for you to start enjoying immediately. As a Class I Historic District, the potential for a Mills Act Historic Designation is another great perk, considering the tax incentives that come with it. Monthly HOA dues include all utilities, including Cable TV and Internet, plus common area maintenance. Come and visit this idyllic property and dive deeper into any of the details in person. I'd love to give you a personal tour if you're considering it as an investment or vacation home!

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.6mi
4/10
Raymond Cree Middle School
Public,6-83.0mi
4/10
Desert Learning Academy
Public,K-121.3mi
6/10
Palm Springs High School
Public,9-121.6mi

Price History

Date
Event
Price
06/12/25
$439,000
Condition Rating
Excellent

Despite being built in 1957, the property has undergone an extensive and high-quality renovation. The description explicitly states 'new HVAC unit, appliances, and fixtures,' and the images confirm a modern, updated aesthetic throughout. The kitchen features new stainless steel appliances, sleek white cabinetry, and contemporary finishes. The bathroom boasts a modern floating vanity, dual sinks, and stylish brass fixtures. All flooring, lighting, and general decor appear new or virtually new, indicating a comprehensive renovation within the last 5 years, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

Historic Significance & Modern Appeal: The Ocotillo Lodge is an historically significant property, and this villa has been updated with new HVAC, appliances, and fixtures, blending modern comfort with historic charm.
Proven Income Potential: The property is already a successful short-term rental, offering immediate income generation for investors or vacation home owners.
All-Inclusive HOA Dues: Monthly HOA dues cover all utilities, including Cable TV and Internet, plus common area maintenance, simplifying budgeting for owners.
Potential Tax Incentives: As a Class I Historic District, the property has the potential for a Mills Act Historic Designation, which could provide significant tax incentives.
Move-in Ready & Furnished: Most furnishings are included in the sale, making it an ideal, hassle-free, move-in ready option for immediate enjoyment or rental.

Cons

Compact Living Space: At 525 sqft, the property offers limited living space, which may not suit buyers seeking larger accommodations or room for expansion.
High Monthly HOA Dues: The monthly HOA fee of $799.81 is substantial, representing a significant ongoing cost, even with utilities included.
Condominium Ownership Limitations: As a condominium, the property is subject to HOA rules and regulations, which may impose restrictions on usage, renovations, or rental policies.

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