1149 Via Tenis, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
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Palm Springs, California 92262
This Value-Add Condominium Asset in the gated Sunrise Racquet Club is listed at $440,000, representing a strategic renovation opportunity in a high-demand desert corridor. With a Condition Rating of 5, the property features all-original 1977 finishes, serving as a blank canvas to build equity relative to its $368,557 Fair Market Value. Residents enjoy resort-style amenities including six pools, pickleball courts, and proximity to Katherine Finchy Elementary School in the Palm Springs Unified district. This project is a prime acquisition for Fix-and-Flip Investors or Contractors seeking to modernize a classic desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1149 Via Tenis Subject | $429,999* List Price | 2 | 2 | 1,252 | $286 | - |
A 1981 Paseo Raqueta Active | $449,000 List Price | 2 | 2 | 1,252 | $359 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and described as having all-original finishes, this property has had no significant renovations in nearly 50 years. The listing explicitly markets the home as a 'blank canvas' for flippers and contractors, indicating that the kitchen, bathrooms, and major systems (HVAC/Electric) are at the end of their functional life and require a full rehab.
As an all-original 1977 unit, this property serves as a perfect blank canvas for investors or flippers to modernize and significantly increase equity through a full renovation.
Located within the gated Sunrise Racquet Club, the property offers access to premium community features including six pools, six spas, and multiple tennis and pickleball courts.
Situated in the heart of Palm Springs, the condo provides excellent proximity to world-class dining, shopping, and golf, making it an attractive destination for seasonal or long-term residents.
The property retains its original finishes from nearly 50 years ago, necessitating a substantial capital investment for modernizing the kitchen, bathrooms, and mechanical systems.
The association fee of $759 per month is relatively high, which may impact the overall affordability for buyers and reduce net cash flow for potential rental investors.
$10,000 Price Improvement! Welcome to 1149 Via Tenis in the heart of Palm Springs—a rare opportunity to own a true blank canvas in one of the desert’s most sought-after locations. This all-original condo is brimming with potential and ready for your vision. Featuring its original finishes, this property offers the perfect foundation for investors, flippers, or buyers looking to design a custom desert retreat. The layout provides a spacious footprint with great natural light, creating endless possibilities to modernize and maximize value. Located in the desirable community of Sunrise Racquet Club, residents enjoy close proximity to world-class dining, shopping, golf courses, and the vibrant Palm Springs lifestyle. Whether you’re looking to renovate and resell, create a seasonal getaway, or build long-term rental income, this is an exceptional opportunity you won’t want to miss. Sunrise Racquet Club is a gated community including six pools, six spas, tennis/ pickleball courts, and a clubhouse. Can be used for short term rental of 14 days or more which makes this an idea property for an investor. Bring your contractor, your creativity, and your vision—this is your chance to transform a classic into something extraordinary.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,252 | 1,139 | 68% |
| Lot Size | - | 436 | 45% |
| Price | $430.0K | $362.0K | 59% |
| Price per sq ft | $343 | $345 | 49% |
| Built year | 1977 | 1981 | 23% |
| HOA | $759.0 | $550 | 90% |
| Days on market | 0 | 159 | 1% |
May 26, 2026
$429,999
$440,000
-2% Price Drop
Initial Listing
May 3, 2026
$440,000
Initial Listing
May 1, 2026
$44,000
Initial Listing
Aug 9, 2010
$159,500
Public Record
Sep 8, 2004
$265,000
Public Record
Feb 20, 1998
$81,000
Public Record