1655 E Palm Canyon Drive 318, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
Loading property details...
Palm Springs, California 92264
This Turnkey Desert Sanctuary is a Prime Investment Opportunity, listed at $229,000—positioned well below the $236,676 Fair Market Value by 3%. This valuation gap offers $7,676 in Instant Equity. Boasting a Condition Rating of 3, the residence features a remodeled bathroom, new HVAC, and stunning Mount San Jacinto views. Located in the SmokeTree Racquet Club near Palm Springs High, the community offers resort-style tennis and pool amenities. This polished home is ideal for vacation-home seekers 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 318 Subject | $215,000* List Price | 1 | 1 | 755 | $285 | - |
A 1655 E Palm Canyon Drive 602 Sold | $240,000 | 1 | 1 | 755 | $318 | 0.0 mi |
B 1655 E Palm Canyon Drive 511 Sold | $217,000 | 1 | 1 | 755 | $287 | 0.1 mi |
C 1552 S Camino Real 330 Sold | $203,500 | 1 | 1 | 645 | $316 | 0.5 mi |
D 1490 S Camino Real 308 Sold | $249,000 | 2 | 2 | 906 | $275 | 0.5 mi |
E 1500 S Camino Real 306a Sold | $270,000 | 2 | 2 | 889 | $304 | 0.6 mi |
F 1655 E Palm Canyon Drive 208 Active | $225,000 List Price | 1 | 1 | 755 | $298 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turnkey condition due to significant recent updates. Key improvements include a fully remodeled bathroom, new flooring throughout, fresh paint, and the replacement of major systems including the HVAC and water heater. While the kitchen retains a more traditional feel with white appliances and refreshed cabinetry rather than a full modern overhaul, the overall maintenance and recent capital improvements exceed the 'fair' threshold for a 1974 build.
The property features extensive recent updates including a new HVAC system, water heater, flooring, and a remodeled bathroom, and is sold fully furnished for immediate move-in.
Positioned on the second floor, the unit offers stunning views of Mount San Jacinto from the private balcony, a highly sought-after feature in the Palm Springs market.
Located in the desirable SmokeTree Racquet Club just five minutes from downtown, the community provides premium amenities including tennis and pickleball courts, a pool, and a spa.
Built in 1974, the building may have older infrastructure or common area elements that do not meet the efficiency standards of modern developments.
At 755 square feet, the compact one-bedroom layout may feel restrictive for buyers seeking extra storage space or a dedicated home office area.
Fully furnished and move-in ready, this updated Smoke Tree Racquet Club condo offers mountain views, major recent upgrades, and a $2,500 buyer credit toward closing costs. Recent improvements include new flooring, fresh paint, a new HVAC system, new water heater, and a remodeled bathroom, meaning the major work has already been done. Furnishings, televisions, kitchen appliances, and household essentials are included, making this an ideal full-time residence, seasonal getaway, or investment property. The open-concept kitchen flows into the living area, while the private balcony provides the perfect setting to enjoy mountain views and desert evenings. Residents enjoy resort-style amenities including a pool, spa, tennis courts, pickleball courts, and beautifully maintained grounds, all just minutes from shopping, dining, hiking, and downtown Palm Springs.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 3.1 mi
Grades K-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 755 | 1,199 |
| Lot Size | - | 1,742 |
| Price | $215.0K | $445.8K |
| Price per sq ft | $285 | $351 |
| Built year | 1974 | 1980 |
| HOA | $380.0 | $587 |
| Days on market | 135 | 67 |
Jun 24, 2026
$215,000
$229,000
-6% Price Drop
Initial Listing
Mar 9, 2026
$229,000
Initial Listing