1550 S Camino Real 319, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

1550 S Camino Real 319, Palm Springs, California 92264 home-pic-0
ACTIVE$275,000
1550 S Camino Real 319, Palm Springs, California 92264
1Bed
1Bath
684Sqft
871Lot
Year Built
1974
Close
-
List price
$275K
Original List price
$285K
Price/Sqft
$402
HOA
$413.34
Days on market
-
Sold On
-
MLS number
219128100PS
Home ConditionFair
Features
Excellent View: Desert, Hills
Pool
Spa
ViewDesert, Hills

About this home

We found 3 Cons,5 Pros. Rank: price - $275.0K(9th), sqft - 684(5th), beds - 1(13th), baths - 1(11th).

Enjoy beautiful views from your balcony at the Biltmore Phase III in a very desirable South Palm Springs location! This is a single level condo top floor one bedroom condo with elevator access has a spacious open floor plan with tile flooring. The living area and bedroom both have sliders to access the balcony. The large bedroom features a wall of reach-in closets with sliding mirror doors.Attractive galley style kitchen for entertaining with pantry storage and a pass thru to the living area. Enjoy eating in the dining area adjacent to the kitchen and living area.Relax in the inviting pool and spa with mountain views. HOA BBQs and cabana with misters for outdoor dining and entertaining.Features: one assigned carport, storage locker, community laundry rooms, building intercom access and lots of guest parking. The HOA has recently completed several major projects: resurfaced the roofs, replaced the elevators, new fire alarm system, new common area AC chillers and fans and resurfaced the spa. Starting 9/30/25 HOA fee will include Frontier high speed internet for 1-year.Close to downtown Palm Springs, near Del Rey at the Villa Royale, Koffi, Kings Highway, The Reef Bar, Sancho's Mexican, Elmers, El Mirasol, Mr. Lyons, Kreem Ice Cream. Perfect for full-time, second home or investment/vacation rental (30-day rental or longer allowed). One pet allowed. Palm Springs living at its Best!

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.4mi
4/10
Raymond Cree Middle School
Public,6-82.9mi
4/10
Desert Learning Academy
Public,K-121.3mi
6/10
Palm Springs High School
Public,9-121.7mi

Price History

Date
Event
Price
08/07/25
Price Change
$275,000
04/08/25
Listing
$285,000
Condition Rating
Fair

The property was built in 1974, making it 50 years old. While the HOA has recently completed significant updates to common areas (roofs, elevators, AC chillers, fire alarm, spa), the listing description does not specify any major recent renovations within the unit itself. The mention of 'tile flooring' and an 'attractive galley style kitchen' with 'sliding mirror doors' on the closets suggests functional but potentially outdated features. Without interior photos of the kitchen and bathroom, it's reasonable to assume these areas, along with other interior components, are functional but likely show signs of being dated and may require minor updates or repairs to meet current aesthetic standards, aligning with a 'Fair' condition.
Pros & Cons

Pros

Prime Location & Accessibility: Desirable South Palm Springs location, offering proximity to downtown amenities, restaurants, and attractions, complemented by top-floor elevator access.
Robust Community Amenities: Features an inviting pool/spa with mountain views, HOA BBQs, cabana with misters, assigned carport, storage locker, community laundry, and ample guest parking.
Proactive HOA Management: Significant recent HOA-led capital improvements (roofs, elevators, fire alarm, common area AC, spa resurfacing) ensure a well-maintained and updated community infrastructure.
Versatile Investment Potential: Ideal for full-time residency, a second home, or as an investment property with a 30-day minimum vacation rental allowance, plus it's pet-friendly.
Scenic Views & Outdoor Access: Enjoy beautiful desert and hill views from a private balcony, accessible from both the living area and bedroom, enhancing the indoor-outdoor living experience.

Cons

Limited Living Space: A 1-bedroom, 1-bathroom layout with 684 sqft may be restrictive for those seeking more expansive living areas or additional bedrooms.
Age of Building & Unit Condition: Built in 1974, while common areas are updated, the unit itself may require interior modernizations beyond the 'attractive galley style kitchen' to meet contemporary buyer expectations.
Recurring HOA Fees & Market Adjustment: The monthly HOA fee of $413.34 is a significant ongoing cost, and a recent price reduction from $285,000 to $275,000 could indicate market resistance or initial overpricing.

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