
Palm Springs, California 92264
This Mid-Century Asset holds a List Price of $209,000, representing a stable acquisition price aligned with its $204,747 Fair Market Value. Currently holding a Condition Rating of 4, the unit’s dated 1974 finishes offer a strategic Value-Add opportunity to modernize and drive ROI. Iconic Mountain Views and premium Resort-Style Amenities, including a massive pool and pickleball courts, increase the property's rental appeal. Situated near Palm Springs High School, this unit serves as an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a high-potential desert project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1655 E Palm Canyon Drive 319 Subject | $209,000* 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 | 0.6 mi |
C 1655 E Palm Canyon Drive 111 Active | $235,000 List Price | 1 | 1 | 755 | $311 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property is well-maintained and clean but features largely dated finishes. The kitchen contains older white appliances, including a coil-top electric range and basic dishwasher, along with older cabinetry and laminate countertops. The bathroom and carpeted flooring show signs of age, and while the unit is functional and move-in ready, it lacks the modern updates or recent renovations required for a higher rating.
The community offers an exceptional amenity package, including one of Palm Springs' largest pools, lighted tennis and pickleball courts, and a beautifully landscaped central park.
Ideally situated just five minutes from downtown and directly across from grocery stores and boutiques, providing residents with unparalleled convenience and access to local nightlife.
The property boasts breathtaking views of Mount San Jacinto, capturing the quintessential Palm Springs aesthetic and enhancing the overall desirability of the unit.
At 755 square feet with a 1-bedroom layout, the interior space is relatively small, which may limit appeal for buyers seeking more versatile living or storage options.
Built in 1974, the property may require updates to its original systems or interior finishes to meet the expectations of modern buyers looking for contemporary efficiency.
Welcome to Smoke Tree Racquet Club -- a highly sought-after Palm Springs community known for its iconic mid-century modern vibe, lush grounds, and resort-style amenities.Just five minutes from downtown Palm Springs, this vibrant community offers breathtaking views of Mount San Jacinto and everything you need to live the ultimate desert lifestyle. Enjoy one of the largest and most beautiful pools in the city, lighted tennis and pickleball courts, a beautifully landscaped central park area, and an oversized spa perfect for relaxing under the desert stars.Conveniently located across the street from grocery stores, coffee shops, and boutiques, and only minutes from downtown's renowned restaurants, galleries, and nightlife -- you'll have the best of Palm Springs right at your doorstep.Whether you're looking for a stylish full-time residence, a seasonal retreat, or a weekend getaway, Smoke Tree Racquet Club offers comfort, convenience, and classic Palm Springs charm.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 755 | 1,392 | 8% |
| Lot Size | - | 871 | 44% |
| Price | $209.0K | $485.0K | 2% |
| Price per sq ft | $277 | $347 | 18% |
| Built year | 1974 | 1976 | 48% |
| HOA | $317.0 | $624 | 1% |
| Days on market | 41 | 156 | 3% |
Mar 12, 2026
$209,000
Initial Listing
Jul 21, 2005
$182,000
Public Record
Dec 18, 1998
$4,000
Public Record