1111 E Palm Canyon Drive 326, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

1111 E Palm Canyon Drive 326, Palm Springs, California 92264 home-pic-0
ACTIVE$439,000
1111 E Palm Canyon Drive 326, Palm Springs, California 92264
1Bed
1Bath
525Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Turnkey & High-End Remodel: The condo is fully remodeled with high-end finishes and designer furnishings, making it move-in ready and appealing for immediate personal use or as a rental.
Top Cons:
Compact Living Space: With only 525 sqft, the unit offers limited living area, which may not appeal to buyers seeking more spacious accommodations or those with extensive belongings.

Compared to the nearby listings

Price:$439.0K vs avg $439.4K ($-450)50%
Size:525 sqft vs avg 1,307 sqft3%
Price/sqft:$836 vs avg $34099%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, this condo has undergone a full, high-end renovation, as explicitly stated in the description and evidenced by the images. The kitchen features new, modern stainless steel appliances, bright turquoise cabinetry, white countertops, and a vibrant tile backsplash, all in pristine condition. The bathroom boasts a fully tiled shower with modern blue mosaic tiles and a glass enclosure, appearing virtually new. Throughout the unit, polished concrete floors, modern light fixtures, and fresh paint contribute to an overall 'excellent' condition, meeting current quality standards with no visible deferred maintenance. The property is move-in ready and presents as newly renovated.
Year Built
1967
Close
-
List price
$439K
Original List price
$439K
Price/Sqft
$836
HOA
$800
Days on market
-
Sold On
-
MLS number
219137976PS
Home ConditionExcellent
Features
Good View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

TURNKEY HIGH-END CONDO Perfect Vacation Rental Opportunity at the Iconic Ocotillo Lodge Welcome to your dream Palm Springs retreat! This fully remodeled, designer-furnished bungalow is located in the legendary Ocotillo Lodge one of Palm Springs' most iconic mid-century modern communities. Nestled in the Twin Palms neighborhood, this south-facing unit offers stunning views of the San Jacinto Mountains and seamless indoor-outdoor living. Designed by renowned architects William Krisel and Dan Saxon Palmer and built in 1956 by the Alexander Company, the Ocotillo Lodge was originally a glamorous hotel known for attracting Hollywood's elite. It was later converted into condominiums in 1995, preserving its timeless charm and architectural integrity. This unit is turnkey and move-in ready ideal as a stylish personal escape or a lucrative vacation rental. The interior with washer and dryer has been thoughtfully renovated with high-end finishes and curated designer furnishings that complement the home's mid-century roots while delivering modern comfort and flair. As a designated Class 1 Historic District in the City of Palm Springs, the Ocotillo Lodge offers owners the opportunity to apply for a Mills Act Contract, which may provide substantial property tax savings. Fabulous community amenities include a champagne cork-shaped swimming pool, two hot tubs, a clubhouse with pool tables and piano, a community gym, and an outdoor Sunshine Bar complete with a built-in grill perfect for entertaining or relaxing in classic Palm Springs style. Even better? Monthly HOA dues cover all utilities, including electricity, water, trash, cable TV, and internet providing peace of mind and true lock-and-leave convenience. Whether you're looking for an investment property, a desert hideaway, or a historically significant full-time residence, this rare gem delivers architectural pedigree, resort-style living, and timeless Palm Springs charm.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.6mi
4/10
Raymond Cree Middle School
Public,6-83.1mi
4/10
Desert Learning Academy
Public,K-121.3mi
6/10
Palm Springs High School
Public,9-121.6mi

Price History

Date
Event
Price
04/07/20
Sold
$285,000
02/26/10
Sold
$83,000
06/29/05
Sold
$176,000
02/11/03
Sold
$59,000
Condition Rating
Excellent

Despite being built in 1967, this condo has undergone a full, high-end renovation, as explicitly stated in the description and evidenced by the images. The kitchen features new, modern stainless steel appliances, bright turquoise cabinetry, white countertops, and a vibrant tile backsplash, all in pristine condition. The bathroom boasts a fully tiled shower with modern blue mosaic tiles and a glass enclosure, appearing virtually new. Throughout the unit, polished concrete floors, modern light fixtures, and fresh paint contribute to an overall 'excellent' condition, meeting current quality standards with no visible deferred maintenance. The property is move-in ready and presents as newly renovated.
Pros & Cons

Pros

Turnkey & High-End Remodel: The condo is fully remodeled with high-end finishes and designer furnishings, making it move-in ready and appealing for immediate personal use or as a rental.
Historic & Architectural Significance: Located in the iconic Ocotillo Lodge, a Class 1 Historic District designed by renowned architects, offering unique charm and potential Mills Act property tax savings.
Lucrative Vacation Rental Potential: Explicitly marketed as a 'Perfect Vacation Rental Opportunity,' ideal for generating income due to its desirable location, amenities, and turnkey status.
All-Inclusive HOA: Monthly HOA dues cover all utilities (electricity, water, trash, cable TV, internet), providing peace of mind, predictable costs, and lock-and-leave convenience.
Resort-Style Community Amenities & Views: Residents enjoy a champagne cork-shaped pool, two hot tubs, clubhouse, gym, outdoor Sunshine Bar, and stunning San Jacinto Mountain views.

Cons

Compact Living Space: With only 525 sqft, the unit offers limited living area, which may not appeal to buyers seeking more spacious accommodations or those with extensive belongings.
High Monthly HOA Dues: Despite being all-inclusive, the $800/month HOA fee is substantial and represents a significant ongoing fixed cost that could impact affordability or investment returns.
Age of Building Structure: The Ocotillo Lodge was built in 1956/1967, indicating an older building infrastructure which may lead to higher long-term maintenance costs for the association, potentially affecting future HOA fees.

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