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:
Iconic Mid-Century Modern & Historic Significance: Located in the legendary Ocotillo Lodge, designed by renowned architects William Krisel and Dan Saxon Palmer, and designated a Class 1 Historic District, offering architectural pedigree and potential Mills Act tax savings.
Top Cons:
High Monthly HOA Dues: Despite being all-inclusive, the $799.81 monthly HOA fee is substantial and represents a significant ongoing cost for ownership.

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 1956 (69 years old).
Condition: Despite being built in 1956, this unit has been 'fully remodeled' and 'thoughtfully renovated with high-end finishes' as stated in the description. The images confirm this, showcasing a pristine, mid-century modern aesthetic with polished concrete floors, new glossy turquoise kitchen cabinets, stainless steel appliances, and modern light fixtures. The overall condition appears virtually new with no deferred maintenance, meeting current quality and style standards.
Year Built
1956
Close
-
List price
$439K
Original List price
$465K
Price/Sqft
$836
HOA
$799.81
Days on market
-
Sold On
-
MLS number
25529445PS
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

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
Condition Rating
Excellent

Despite being built in 1956, this unit has been 'fully remodeled' and 'thoughtfully renovated with high-end finishes' as stated in the description. The images confirm this, showcasing a pristine, mid-century modern aesthetic with polished concrete floors, new glossy turquoise kitchen cabinets, stainless steel appliances, and modern light fixtures. The overall condition appears virtually new with no deferred maintenance, meeting current quality and style standards.
Pros & Cons

Pros

Iconic Mid-Century Modern & Historic Significance: Located in the legendary Ocotillo Lodge, designed by renowned architects William Krisel and Dan Saxon Palmer, and designated a Class 1 Historic District, offering architectural pedigree and potential Mills Act tax savings.
Turnkey & High-End Remodel: The unit is fully remodeled with high-end finishes and designer furnishings, making it move-in ready and ideal for immediate personal use or vacation rental.
Exceptional Community Amenities: Residents enjoy resort-style amenities including a champagne cork-shaped swimming pool, two hot tubs, a clubhouse with entertainment, a community gym, and an outdoor Sunshine Bar with a built-in grill.
All-Inclusive HOA Dues: Monthly HOA dues cover all utilities, including electricity, water, trash, cable TV, and internet, providing predictable costs and lock-and-leave convenience.
Strong Investment & Rental Potential: Positioned as a perfect vacation rental opportunity, this property offers a lucrative income stream in a highly desirable Palm Springs location.

Cons

High Monthly HOA Dues: Despite being all-inclusive, the $799.81 monthly HOA fee is substantial and represents a significant ongoing cost for ownership.
Compact Living Space: With 525 square feet, the unit offers limited living space, which may not appeal to buyers seeking larger residences or those with extensive belongings.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price, potentially indicating initial overpricing or market resistance.

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