130 W Racquet Club Road 505, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 1 bath
130 W Racquet Club Road 505
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 130 W Racquet Club Road 505, Palm Springs, California 92262 is currently available with a list price of $695,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant modern upgrades including a 'refreshed' interior, a reimagined spa-like bathroom, and high-value system improvements such as owned solar, an upgraded HVAC, and a tankless water heater. While the building was constructed in 1979, the recent repainting, custom built-ins, and well-maintained private pool area elevate it above the 'fair' category, though it stops short of 'excellent' as it is a refresh rather than a total recent construction or full-scale luxury gut renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Private Pool & Owned Solar
This rare 'lock & leave' villa features its own private pool with fountains and owned solar panels, offering a luxury lifestyle with significantly reduced energy costs.
- High Investment Potential
Situated on fee simple land with no minimum rental requirements, this property is a premier choice for short-term rental investors seeking a gated community in Palm Springs.
- Modern Infrastructure Upgrades
The residence is move-in ready with high-value improvements including an upgraded HVAC system, tankless water heater, and soaring 10-foot ceilings that enhance the interior volume.
CONSRISKS & DEFICIENCIES
- Reduced Bathroom Count
The conversion from two bathrooms to one large spa-like bath may deter buyers who require multiple facilities, despite the possibility of reverting the floor plan.
- Significant Monthly HOA Fees
The association fee of approximately $665 per month represents a substantial recurring carrying cost that may impact the overall affordability for some purchasers.
About 130 W Racquet Club Road 505
A private pool villa is now available in **Club Condominiums**. This refreshed 2-bedroom residence sits on fee simple land and features **owned solar**, offering both efficiency and value.Originally designed with two bathrooms, the current owner thoughtfully reimagined the layout into one spacious, spa-like bath. For buyers who prefer the original configuration, the floor plan can easily be converted back to two bathrooms.Recently repainted and move-in ready, the home also offers:* Upgraded HVAC system* Tankless water heater* Custom built-in closet configuration* Soaring 10-foot ceilings with ceiling fans* Maintenance-free patio canopy* Your own private pool with fountains.The gated community is celebrated for its lush beauty and unique **no minimum rental requirement**, creating a peaceful atmosphere while offering strong investment potential.A true ''lock & leave'' property with a private swimming pool at this price point is a rare find in **Palm Springs**.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $664.69 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 1.2 mi
Raymond Cree Middle School
Grades 6-8 • 0.8 mi
Palm Springs High School
Grades 9-12 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,310 | 1,060 | 73% |
| Lot Size | - | 500 | 45% |
| Price | $695.0K | $331.0K | 90% |
| Price per sq ft | $531 | $344 | 93% |
| Built year | 1979 | 1982 | 26% |
| HOA | $664.69 | $532 | 78% |
| Days on market | 3 | 173 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$695,000
Initial Listing
Sold
Jun 11, 2001
$254,000
Public Record
Sold
Aug 18, 1998
$140,000
Public Record
Sold
May 24, 1996
$100,000
Public Record