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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 UNDER CONTRACT$439,000
1111 E Palm Canyon Drive 326, Palm Springs, California 92264
1Bed
1Bath
525Sqft
Lot
Year Built
1967
Close
-
List price
$439K
Original List price
$439K
Price/Sqft
$836
HOA
$800
Days on market
-
Sold On
-
MLS number
219139432PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

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

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-5•0.6mi
4/10
Raymond Cree Middle School
Public,•6-8•3.1mi
4/10
Desert Learning Academy
Public,•K-12•1.3mi
6/10
Palm Springs High School
Public,•9-12•1.6mi

Price History

Date
Event
Price
12/02/25
Listing
$439,000
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
This property, despite its 1967 build year, has undergone a stated 'fully remodeled' and 'thoughtfully renovated with high-end finishes' transformation. The images confirm this, showcasing a pristine, designer-furnished interior with a cohesive mid-century modern aesthetic. The kitchen features new, glossy teal cabinetry, white solid-surface countertops, a vibrant teal and orange subway tile backsplash, and modern stainless steel appliances. The bathroom boasts a contemporary glass-enclosed shower with new blue mosaic tiling. Throughout the unit, polished concrete floors, modern light fixtures, and fresh paint contribute to a virtually new appearance. All visible components meet current quality standards, indicating no deferred maintenance and a very recent, comprehensive renovation, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Turnkey & High-End Renovation: The unit is fully remodeled, designer-furnished, and turnkey, offering modern comfort with high-end finishes while preserving its mid-century roots, ideal for immediate occupancy or rental.
Historic & Architectural Significance: Located in the iconic Ocotillo Lodge, designed by renowned architects, and designated a Class 1 Historic District, providing unique appeal and cultural value.
Lucrative Vacation Rental Opportunity: Explicitly marketed as a 'Perfect Vacation Rental Opportunity' and 'lucrative vacation rental,' indicating strong income-generating potential.
All-Inclusive HOA & Resort Amenities: Monthly HOA dues cover all utilities (electricity, water, trash, cable TV, internet) and provide access to extensive community amenities including a champagne cork-shaped pool, two hot tubs, gym, and clubhouse.
Mills Act Tax Savings Potential: As a designated historic property, owners have the opportunity to apply for a Mills Act Contract, which can provide substantial property tax savings.

Cons

Compact Living Space: At 525 sqft, the 1-bedroom, 1-bathroom unit offers limited square footage, which may not suit all buyer needs or those seeking a larger primary residence.
High Monthly HOA Dues: Despite covering utilities, the $800 monthly HOA fee is substantial and could be a significant ongoing cost for potential buyers, impacting overall affordability.
Age of Original Building Structure: While the unit is renovated, the building's original construction dates back to 1956/1967, which may lead to potential age-related maintenance or infrastructure issues in common areas over time.

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