1861 Paseo Pelota, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
1861 Paseo Pelota
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 1861 Paseo Pelota, Palm Springs, California 92262 is currently available with a list price of $489,900. 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 with significant updates including a modernized kitchen featuring granite countertops and stainless steel appliances, updated bathrooms with custom wood vanities, and functional improvements such as newer A/C and sliding windows. While the structure dates to 1977, the interior has been well-maintained and partially renovated to meet modern aesthetic standards without requiring immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior
The unit features significant upgrades including granite countertops, stainless steel appliances, newer A/C, and updated bathrooms, offering a move-in-ready experience.
- Resort-Style Amenities
Residents enjoy access to 43 acres of lush grounds, six pools and spas, and extensive sports facilities including tennis and pickleball courts.
- Investment Potential
With a 14-day minimum rental policy, this property offers greater flexibility for seasonal or short-term rental income compared to many other Palm Springs communities.
CONSRISKS & DEFICIENCIES
- High HOA Dues
The monthly association fee of $769 is substantial and may be a deterrent for budget-conscious buyers or those looking to maximize net rental yields.
- Aging Infrastructure
Originally constructed in 1977, the property may face long-term maintenance challenges associated with older building systems common in developments of this era.
About 1861 Paseo Pelota
Location! Location! Located in the desirable Sunrise Racquet Club. Step inside this 2 bed, 2 bath condo to see fresh new paint, tile floors, granite countertops, stainless appliances, built-in microwave and custom pendant lighting in the kitchen. Smart split floorplan for privacy; guest bedroom boasts custom bamboo wallpaper. Mirrored wardrobes in both bedrooms, ceiling fans, newer sliding windows, newer a/c, upgraded bathrooms with custom wood vanities. Private patio is just steps from the pool with lovely mountain views. Sunrise Racquet Club amenities include 6 pools/spas, tennis, pickleball, racquetball courts and a clubhouse. Enjoy 43 acres of lush grounds with ponds, lakes and walking trails. Whether you are looking for a vacation getaway or for a fulltime residence, this is perfect desert retreat. Sunrise Racquet Club allows 14-day minimum rentals.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $769.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 0.7 mi
Raymond Cree Middle School
Grades 6-8 • 0.8 mi
Palm Springs High School
Grades 9-12 • 1.4 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 | 1,252 | 1,060 | 68% |
| Lot Size | - | 500 | 45% |
| Price | $489.9K | $331.0K | 73% |
| Price per sq ft | $391 | $344 | 67% |
| Built year | 1977 | 1982 | 24% |
| HOA | $769.0 | $532 | 93% |
| Days on market | 22 | 173 | 1% |
Pricing History
Listed for Sale
Feb 13, 2026
$489,900
Initial Listing
Sold
Sep 24, 2018
$315,000
Public Record
Sold
Jun 24, 2013
$250,000
Public Record
Sold
Nov 23, 2009
$225,000
Public Record