
Palm Springs, California 92264
This Modernized Resort Condominium is a Prime Investment Opportunity listed at $479,999—positioned well below the $495,795 Fair Market Value by 3%. This valuation gap offers $15,796 in Instant Equity for incoming buyers. Boasting an Excellent Condition Rating, the top-floor residence features Soaring Cathedral Ceilings, a Granite Kitchen with stainless appliances, and a private balcony with premium Mountain Views. Located in the Deepwell neighborhood near Palm Springs High School, the community offers elite amenities including three pools and pickleball courts. This turnkey sanctuary is ideal for Owner-Occupants or Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1150 E Palm Canyon 30 Subject | $479,999* List Price | 2 | 2 | 1,240 | $400 | - |
A 1150 E Palm Canyon Drive 54 Sold | $499,900 | 2 | 2 | 1,240 | $403 | 0.0 mi |
B 1111 E Ramon Road 104 Sold | $444,000 | 2 | 2 | 1,069 | $415 | 0.7 mi |
C 1111 E Ramon Road 37 Sold | $440,000 | 2 | 2 | 1,069 | $412 | 0.9 mi |
D 1111 Ramon Road 39 Sold | $485,000 | 2 | 2 | 1,069 | $454 | 0.9 mi |
E 1484 Versailles Drive Sold | $484,000 | 2 | 2 | 1,491 | $325 | 0.6 mi |
F 1680 S Andee Drive Sold | $428,000 | 2 | 2 | 1,305 | $328 | 0.5 mi |
G 1150 E Palm Canyon Drive 73 Active | $449,900 List Price | 2 | 2 | 1,240 | $363 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is in turnkey condition, having undergone an extensive recent renovation that meets modern quality standards. The kitchen features new stainless steel appliances, contemporary dark cabinetry, and stone countertops. The interior boasts newer laminate flooring, fresh paint, and updated light fixtures throughout. Bathrooms have been modernized with vessel sinks and updated vanities. Despite the 1980 build year, the comprehensive updates to all major interior components and the lack of deferred maintenance qualify it for an excellent rating.
Situated in the highly sought-after Deepwell neighborhood, this property offers exceptional walkability to Smoketree Shopping Center and is just minutes from the vibrant dining and art scene of downtown Palm Springs.
The top-floor unit features soaring cathedral ceilings with clerestory windows that maximize natural light, paired with a dual-ensuite floor plan that provides excellent privacy for guests or roommates.
This move-in-ready residence boasts recent upgrades including new stainless steel appliances and laminate flooring, complemented by a full-width private balcony with premium pool and mountain views.
At $627 per month, the association fees are a significant recurring cost that may impact buyer affordability and overall investment yield.
The HOA's 30-day minimum rental policy prevents owners from capitalizing on the high-demand daily or weekly vacation rental market common in the Palm Springs area.
TURNKEY, top floor condo in the BEST location within the community overlooking the main pool and mountain views. Welcome to Rancho La Paz, resort living in the highly sought-after Deepwell neighborhood—one of South Palm Springs’ most desirable and centrally located communities. Ideally positioned directly across from Smoketree Shopping Center and just minutes from downtown Palm Springs (approx. 5-minute drive), this residence offers effortless access to the city’s best dining, shopping, art galleries, and nightlife. This thoughtfully designed floor plan features two spacious ensuite bedrooms positioned on opposite ends of the Great Room, providing maximum privacy—ideal for guests, roommates, or a second-home retreat. The kitchen is upgraded with granite countertops and new stainless steel appliances, opening seamlessly into the main living space. Soaring cathedral ceilings with clerestory windows fill the Great Room and dining area with natural light, creating an open, airy ambiance that embodies the Palm Springs lifestyle. The home has been recently painted throughout and newer laminate flooring offering a clean, move-in-ready presentation. Step outside to your expansive private balcony patio spanning the full width of the home, accessible from both the living room and primary suite. Enjoy peaceful pool, treetop and mountain views and indoor-outdoor living year-round. Within the community, residents enjoy resort-style amenities including: 3 Pools & Spas, Tennis & Pickleball Courts, Dog Park, Beautifully landscaped, well-maintained grounds, Dedicated covered parking, Unmatched Location & Lifestyle: Walking distance to Koffi, Elmer’s, and Smoketree Shopping Center, 5 minutes to Downtown Palm Springs, Close to iconic hiking trails including Indian Canyons & Tahquitz Canyon, Near Palm Springs Art Museum and cultural attractions, Convenient access to golf courses, resorts, and Palm Springs International Airport. HOA allows short term rentals 30 days and longer. Whether you're seeking a full-time residence, weekend getaway, or investment property, this home delivers the perfect blend of privacy, convenience, and classic Palm Springs living.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 3.0 mi
Grades K-12 • 1.2 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 | 1,240 | 1,392 | 37% |
| Lot Size | - | 871 | 44% |
| Price | $480.0K | $485.0K | 48% |
| Price per sq ft | $387 | $348 | 65% |
| Built year | 1980 | 1976 | 70% |
| HOA | $627.0 | $625 | 51% |
| Days on market | 28 | 156 | 1% |
Mar 25, 2026
$479,999
Initial Listing
Jan 7, 2022
$430,000
Public Record
Feb 25, 2020
$315,000
Public Record
Nov 3, 2016
$240,000
Public Record
Sep 1, 2006
$299,000
Public Record
Aug 1, 2003
$155,000
Public Record
Oct 10, 2002
$152,500
Public Record
Mar 8, 2002
$126,000
Public Record