1409 N Sunrise Way 51, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1409 N Sunrise Way 51, Palm Springs, California 92262 home-pic-0
ACTIVE$315,000
1409 N Sunrise Way 51, Palm Springs, California 92262
2Beds
2Baths
1,170Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Central Location & Gated Community: Situated in a quiet, gated community in central Palm Springs, offering easy walkability and drive access to Downtown PS.
Top Cons:
High Monthly HOA Fees: The $550 monthly association fee is substantial and represents a significant ongoing cost for ownership.

Compared to the nearby listings

Price:$315.0K vs avg $337.0K ($-22,000)45%
Size:1,170 sqft vs avg 1,068 sqft62%
Price/sqft:$269 vs avg $34616%

More Insights

Built in 1973 (52 years old).
Condition: Built in 1973, this property has received functional updates such as 'newer appliances, A/C system, windows, and doors.' While these improve efficiency, the kitchen and bathrooms are stylistically outdated. The kitchen features white appliances, older-style white cabinets, laminate countertops, and dated fluorescent lighting. The bathrooms also appear to have older vanities and finishes. The property is well-maintained and functional, but the aesthetic of these key areas shows signs of being outdated and would benefit from minor updates to meet current design standards.
Year Built
1973
Close
-
List price
$315K
Original List price
$315K
Price/Sqft
$269
HOA
$550
Days on market
-
Sold On
-
MLS number
219138011DA
Home ConditionFair
Features
Good View: Mountain(s), Peek-A-Boo
Deck
Pool
Spa
ViewMountain(s), Peek-A-Boo

About this home

You Own the Land! Beautiful & Quiet 2-Bed, 2-Bath Condo in Central Palm Springs Tucked away in the middle of the community.Welcome to your private desert retreat! This charming condo offers 2 spacious ensuite bedrooms, perfectly separated for maximum privacy--ideal for guests or roommates.Step into the vaulted-ceiling living room, where natural light pours in and your private patio frames stunning mountain views.Recent upgrades include newer appliances, A/C system, windows, and doors, ensuring comfort and efficiency.Located in a gated community in central Palm Springs where you can easily walk or drive to Downtown PS. Enjoy access to resort-style amenities: Two pools, tennis courts, a fitness center, Clubhouse and meticulously maintained landscaping.Whether you're looking for a full-time residence, a vacation getaway, or an investment opportunity, this centrally located gem has it all.HOA allows 2 week minimum rentals. Buyer to verify with HOA and City of PS.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.6mi
4/10
Raymond Cree Middle School
Public,6-80.4mi
6/10
Palm Springs High School
Public,9-121.7mi
4/10
Desert Learning Academy
Public,K-121.9mi

Price History

Date
Event
Price
09/08/99
Sold
$49,000
07/17/09
Sold
$145,000
05/26/04
Sold
$160,000
Condition Rating
Fair

Built in 1973, this property has received functional updates such as 'newer appliances, A/C system, windows, and doors.' While these improve efficiency, the kitchen and bathrooms are stylistically outdated. The kitchen features white appliances, older-style white cabinets, laminate countertops, and dated fluorescent lighting. The bathrooms also appear to have older vanities and finishes. The property is well-maintained and functional, but the aesthetic of these key areas shows signs of being outdated and would benefit from minor updates to meet current design standards.
Pros & Cons

Pros

Prime Central Location & Gated Community: Situated in a quiet, gated community in central Palm Springs, offering easy walkability and drive access to Downtown PS.
Fee Simple Land Ownership: A significant advantage for a condominium, as the buyer owns the land, enhancing long-term value and appeal.
Extensive Recent Upgrades: Features newer appliances, A/C system, windows, and doors, providing modern comfort, efficiency, and reduced immediate maintenance concerns.
Resort-Style Amenities & Maintained Grounds: Residents enjoy access to two pools, tennis courts, a fitness center, and a clubhouse, all within meticulously maintained landscaping.
Investment & Lifestyle Versatility: The HOA permits short-term rentals with a 2-week minimum, offering strong income potential, alongside a private layout with ensuite bedrooms and mountain views for personal enjoyment.

Cons

High Monthly HOA Fees: The $550 monthly association fee is substantial and represents a significant ongoing cost for ownership.
Age of Construction: Built in 1973, the property's underlying structure is over 50 years old, which, despite recent upgrades, may present future maintenance considerations typical of older buildings.
Condominium Living Restrictions: As a condominium, residents are subject to HOA rules and regulations, and shared walls may limit privacy compared to a single-family home.

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