1655 E Palm Canyon Drive 114, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
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Palm Springs, California 92264
This Resort-Style Value-Add Condominium is listed at $219,000, positioned as a stable entry-level asset near its $204,147 Fair Market Value. Holding a Condition Rating of 4, the interior requires modernization of its 1974-era finishes—including popcorn ceilings and vintage tile—to maximize ROI and rental yield. The property features desirable Mountain and Pool Views and extensive community infrastructure, including Tennis and Pickleball Courts. Located within the Palm Springs Unified School District and walking distance to Smoke Tree Village, this acquisition offers long-term appreciation potential for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1655 E Palm Canyon Drive 114 Subject | $219,000* List Price | 1 | 1 | 755 | $271 | - |
A 1655 E Palm Canyon Drive 602 Sold | $240,000 | 1 | 1 | 755 | $318 | 0.0 mi |
B 1552 S Camino Real 330 Sold | $203,500 | 1 | 1 | 645 | $316 | 0.5 mi |
C 1490 S Camino Real 308 Sold | $249,000 | 2 | 2 | 906 | $275 | 0.5 mi |
D 1655 E Palm Canyon Drive 319 Active | $209,000 List Price | 1 | 1 | 755 | $277 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but remains significantly outdated, reflecting its 1974 construction. Key features such as the popcorn ceilings, wood-paneled walls, orange tile kitchen countertops, and Hollywood-style bathroom lighting are aged. While the flooring has been partially updated with modern wood-look tile in the entry and kitchen, the appliances and overall aesthetic require modernization to meet current quality standards.
The community offers an active lifestyle with one of the largest pools in Palm Springs, a spa, and lighted tennis and pickleball courts.
Ideally situated within walking distance to major shopping centers like Smoke Tree Village and Commons, and just 2.5 miles from downtown Palm Springs.
As an upper-floor unit, the property features a private balcony with breathtaking views of both the mountains and the pool area.
Built in 1974, the unit may require modern cosmetic or system upgrades to meet the expectations of contemporary buyers.
At 755 square feet with a single bedroom, the living space is compact and may not accommodate those needing a home office or extra guest space.
TENNIS or PICKLEBALL ANYONE? You've come to the right place! Welcome to Smoke Tree Racquet Club, where resort-style living meets the active Palm Springs lifestyle. Nestled at the gateway to the highly sought-after Indian Canyons neighborhood in South Palm Springs, this vibrant community offers everything you need--and more. Enjoy one of the largest pools in Palm Springs, a maxi-size spa, and lighted tennis & pickleball courts that are perfect for day or evening play. The adjacent dog park is a ''paw-some'' bonus your pets will love--ARF! This spacious 1-bedroom, 1-bath upper-floor condominium features a private balcony with breathtaking views of the pool and surrounding mountains. Plus, enjoy direct access to the resort amenities via a convenient semi-private rear stairway. LOCATION, LOCATION, LOCATION! Just across Sunrise Way is the rustic Smoke Tree Village, home to Ralph's Fresh Fare with Starbucks, Giuseppe's Italian, Smokin' Burgers, and more. Less than a mile away, you will find Smoke Tree Commons, offering Jensen's Fine Foods, TJ Maxx, World Market, Petco, and more shopping and dining options. Looking for a night out? The pizzazz of downtown Palm Springs is only 2.5 miles away, brimming with restaurants, shops, entertainment, and that unforgettable desert vibe.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 3.1 mi
Grades K-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 755 | 1,385.5 | 8% |
| Lot Size | 871 | 871 | 50% |
| Price | $219.0K | $488.5K | 3% |
| Price per sq ft | $290 | $358 | 24% |
| Built year | 1974 | 1977 | 48% |
| HOA | $380.0 | $620 | 2% |
| Days on market | 60 | 151 | 4% |
Apr 8, 2026
$219,000
Initial Listing