1550 S Camino Real 221, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

1550 S Camino Real 221
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1550 S Camino Real 221, Palm Springs, California 92264 is currently available with a list price of $299,000. 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 interior updates, including a modernized kitchen with granite countertops, stone backsplash, and stainless steel appliances. The unit has uniform white tile flooring and updated bathrooms with floating vanities. Although the building was constructed in 1974, the HOA has recently completed major system upgrades (roof, elevators, and AC chillers), and the unit itself shows minimal wear and tear with contemporary finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior & Views
The residence features an updated kitchen with granite countertops and stainless steel appliances, paired with a sun-filled patio offering scenic mountain and palm tree views.
- Significant HOA Infrastructure Upgrades
The association recently completed major capital improvements, including roof resurfacing, elevator replacements, and new AC chillers, providing peace of mind regarding building maintenance.
- Prime Resort-Style Location
Located in the desirable South End of Palm Springs, the property offers easy access to world-class dining, shopping, and outdoor recreation in a well-amenitized community.
CONSRISKS & DEFICIENCIES
- Lack of In-Unit Laundry
The property relies on shared community laundry rooms on each floor, which may be seen as a convenience limitation compared to units with private washer/dryer hookups.
- High Monthly HOA Fees
At $540.41 per month, the association dues are relatively high in proportion to the listing price, potentially impacting the overall monthly carrying costs for buyers.
About 1550 S Camino Real 221
Welcome to resort-style living at The Biltmore, Phase III in Palm Springs. This desirable second-floor residence features a sun-filled, covered patio accessed by four glass sliders, creating an abundance of natural light and showcasing mountain and palm tree views. The open floor plan is finished with white tile flooring throughout and an updated kitchen offering glass-front upper cabinets, wood lower cabinetry, granite countertops, stone backsplash, and stainless steel appliances. The primary suite includes a wall of closet space and a spacious en-suite bathroom with a floating vanity and tile backsplash. The second bedroom features a walk-in closet. Community amenities include a large pool and spa, barbecue area, and lush landscaped grounds. Centrally located near Palm Springs' renowned dining, shopping, entertainment, cultural attractions, and hiking trails. The HOA has recently completed several major upgrades, including roof resurfacing, elevator replacements, a new fire alarm system, new common-area AC chillers and fans, and resurfaced spa and pool decks. Additional features include one assigned carport space, a storage locker, and convenient community laundry rooms on each floor.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $540.41 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 0.4 mi
Raymond Cree Middle School
Grades 6-8 • 2.9 mi
Desert Learning Academy
Grades K-12 • 1.3 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 | 2.0 | 2.0 | 50% |
| Square foot | 889 | 1,322 | 13% |
| Lot Size | - | 1,148 | 38% |
| Price | $299.0K | $450.0K | 14% |
| Price per sq ft | $336 | $330 | 53% |
| Built year | 1974 | 1977 | 42% |
| HOA | $540.41 | $624 | 34% |
| Days on market | 37 | 164 | 2% |
Pricing History
Listed for Sale
Jan 30, 2026
$299,000
Initial Listing













































