1150 E Palm Canyon Drive 40, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
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Palm Springs, California 92264
This Turnkey Condominium is a High-Potential Investment Opportunity, listed at $369,000—positioned well above the $302,156 Fair Market Value by -22%. Featuring a fully remodeled interior, modern kitchen, and a private backyard oasis, the property maintains a Mint Condition Rating. Located in the desirable Deepwell neighborhood with access to resort-style amenities and Fee Land ownership, it offers a secure, low-maintenance lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1150 E Palm Canyon Drive 40 Subject | $369,000* List Price | 1 | 1 | 816 | $370 | - |
A 1550 S Camino Real 221 Sold | $285,000 | 2 | 2 | 889 | $321 | 0.3 mi |
B 1552 S Camino Real 127 Active | $349,900 List Price | 2 | 2 | 923 | $379 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property has been fully remodeled with high-end contemporary finishes including a modern kitchen with stone counters and newer stainless appliances, a fully tiled walk-in shower, and polished concrete floors. The renovation appears to be less than 5 years old, placing it in mint, move-in ready condition.
A significant advantage in Palm Springs, this property is located on Fee Land (land you own), offering greater investment security and easier financing compared to leased land properties.
The unit is fully remodeled and move-in ready, featuring a modern kitchen with stone counters, low-maintenance concrete floors, and a dedicated office niche perfect for remote work.
Rare for a condominium, this ground-floor unit includes a private, fenced backyard with turf and a grapefruit tree, providing a secluded space for relaxation and pets.
At $660 per month, the association dues are relatively high for a one-bedroom unit, which may deter budget-conscious buyers or impact overall affordability.
With only one bedroom and 816 square feet, the property offers limited flexibility for families or those requiring a dedicated guest room, narrowing the potential buyer pool.
Rarely available upgraded and move-in ready ground floor unit in Rancho La Paz! Uniquely private and fully remodeled 1-bedroom plus office area features a highly versatile office niche, perfect for remote work or creative space. Step inside to find a bright, welcoming layout that blends effortless desert living with ultimate convenience. The kitchen features newer cabinets, stone counters with 2-foot backsplash, newer stainless appliances and windows. Multiple storage areas include a large closet with built-in organizers and mirrored wardrobe doors as well as a fully separate linen closet. The walk-in fully tiled shower sparkles and the no-maintenance concrete floors make this an easy property for full or part-time use. And just in time for the desert fall season-the back yard with turf, grapefruit tree and plantings is ready for your morning coffee in complete privacy. This well-maintained resort-style community leaves nothing to be desired, boasting gated entry, 3 sparkling pools, relaxing Jacuzzis, tennis and pickleball courts, a shaded dog run, and on-site EV chargers. Walk out the back gate and you are in the gorgeous tree-lined Deepwell neighborhood -- easy walking distance to shopping and dining at Smoke Tree Plaza. Best of all, your monthly HOA includes gated entry, backyard landscaping, water, trash and covered carport offering a true lock-and -leave lifestyle. Don't miss the opportunity to enjoy one of Palm Springs' most sought-after locations with added value of Fee Land.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 3.0 mi
Grades K-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 816 | 1,199 |
| Lot Size | - | 1,742 |
| Price | $369.0K | $445.8K |
| Price per sq ft | $452 | $351 |
| Built year | 1980 | 1980 |
| HOA | $660.0 | $587 |
| Days on market | 13 | 67 |
Jul 10, 2026
$369,000
Initial Listing
Sep 27, 2021
$264,000
Public Record
Oct 24, 2017
$185,000
Public Record
May 9, 2003
$120,000
Public Record
Jan 15, 2003
$105,000
Public Record
Feb 27, 1997
$49,500
Public Record