
Palm Springs, California 92262
This Upgraded Desert Condominium is a Strong Value Opportunity, listed at $469,000—positioned well below the $499,312 Fair Market Value by 6%. This valuation gap provides $30,312 in Instant Equity for the next owner. Maintaining a Good Condition Rating, the home features a five-year-old AC, upgraded electrical, and panoramic Mountain Views. Residents enjoy 43 acres of resort amenities and proximity to the Top-Rated Katherine Finchy Elementary. This move-in-ready asset is ideal for Owner-Occupants or Seasonal Investors targeting the 14-day rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1279 Trofeo Circle Subject | $435,000* List Price | 2 | 2 | 1,252 | $375 | - |
A 1249 Trofeo Circle Sold | $550,000 | 2 | 2 | 1,252 | $439 | 0.0 mi |
B 1861 Paseo Pelota Sold | $460,000 | 2 | 2 | 1,252 | $367 | 0.2 mi |
C 1971 Paseo Raqueta Sold | $562,000 | 2 | 2 | 1,252 | $449 | 0.1 mi |
D 1219 Via Tenis Sold | $520,000 | 2 | 2 | 1,252 | $415 | 0.2 mi |
E 1429 N Cerritos Drive Sold | $529,000 | 3 | 2 | 1,248 | $424 | 0.1 mi |
F 1115 E Alejo Road Sold | $475,000 | 2 | 2 | 1,221 | $389 | 0.9 mi |
G 1103 E Alejo Road Active | $539,000 List Price | 2 | 2 | 1,221 | $441 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several significant functional upgrades including a 5-year-old AC system and an updated electrical box. While the kitchen retains some dated elements like tile countertops and white appliances, the interior has been refreshed with new paint, diamond-set tile flooring, and upgraded bathrooms. The home shows minimal wear and tear, and major systems are within their expected lifespan, fitting the criteria for a 'good' condition score despite its 1979 build year.
Positioned as the lowest-priced unit in the Sunrise Racquet Club and priced below market value, this property offers an excellent entry point for buyers seeking a move-in ready home.
The community boasts 43 acres of lush grounds, including six pools, spas, and courts for tennis and pickleball, providing a premium desert lifestyle and high appeal for residents.
With a flexible 14-day minimum rental policy and updated features like a 5-year-old AC and upgraded electrical, the property is well-suited for both seasonal living and short-term rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 2036.
The monthly association fee of $769 is relatively high, which may impact the overall affordability and net ROI for potential investors.
Built in 1979, the property and the broader development may require ongoing maintenance or future capital improvements typical of older desert communities.
Lowest Priced Unit in the Development!Welcome to one of the most desirable communities in Sunrise Racquet Club in Palm Springs.This 2-bedroom, 2-bathroom condo offers comfortable desert living with thoughtful upgrades throughout. The home features fresh interior paint, diamond-set tile flooring, upgraded bathrooms, and an open floor plan designed for seamless indoor-outdoor living.The layout provides a great balance of privacy while still being conveniently located near the community amenities, making it ideal as a full-time residence, seasonal getaway, or investment property. Enjoy the relaxed resort-style lifestyle that Sunrise Racquet Club is known for, with beautifully maintained grounds and easy access to everything Palm Springs has to offer.Highlights:2 Bedrooms | 2 Bathrooms, Fresh interior paint, Diamond-set tile flooring, upgraded bathrooms, open concept living area, Private and quiet location within the community, Lowest priced unit in the development, upgraded Electrical box with UV capabilities, AC is approximately 5 yrs old. Sunrise Racquet Club is minutes from downtown Palm Springs and is known for its resort-style lifestyle and shopping the community boast 43 acres of beautifully maintained grounds with lush greenbelts, ponds, lakes, walking trails, and stunning wrap-around mountain views. Residents enjoy six pools and spas, along with tennis, pickleball, and racquetball courts--true desert living at its finest. Property is price below market value, move in ready. 14-day min rentals are allowed in this community. (buyer to verify)
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.5 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 | 1,130 | 67% |
| Lot Size | 2,178 | 500 | 87% |
| Price | $435.0K | $361.0K | 61% |
| Price per sq ft | $347 | $346 | 50% |
| Built year | 1979 | 1981 | 33% |
| HOA | $769.0 | $550 | 92% |
| Days on market | 31 | 182 | 1% |
Apr 14, 2026
$435,000
$459,000
-5% Price Drop
Initial Listing
Apr 2, 2026
$459,000
$469,000
-2% Price Drop
Initial Listing
Mar 23, 2026
$469,000
Initial Listing
Jan 28, 2008
$297,000
Public Record
Sep 10, 2004
$255,500
Public Record