1881 S Araby Drive 16, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Renovated Mid-Century Modern Sanctuary is listed at $559,000, representing a curated premium for its Excellent Condition Rating and prestigious feature in the 2025 Modernism Week Tour. While the $485,041 Fair Market Value reflects standard area benchmarks, this unit justifies its valuation with commercial-grade windows, quartz countertops, and panoramic mountain views. Situated on rare fee-simple land near Palm Springs High School, the community allows short-term rentals, offering significant lifestyle and investment flexibility. This turnkey residence is an ideal acquisition for Design Enthusiasts or Owner-Occupants seeking a historic desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1881 S Araby Drive 16 Subject | $559,000* List Price | 2 | 2 | 1,000 | $485 | - |
A 64911 1881 S Araby Dr #31 Sold | $482,000 | 2 | 2 | 1,000 | $482 | 0.0 mi |
B 1821 Sandcliff Road Sold | $620,000 | 1 | 2 | 1,322 | $469 | 0.1 mi |
C 1010 Saint George Circle Sold | $621,000 | 2 | 2 | 1,391 | $446 | 0.9 mi |
D 1910 Grand Bahama Drive E Sold | $575,000 | 2 | 2 | 1,391 | $413 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive and high-quality renovation, recently featured in the 2025 Modernism Week Tour. It features a fully updated kitchen with quartz countertops and custom cabinetry, modern bathrooms, porcelain tile flooring throughout, and upgraded commercial-grade windows and sliders. All components appear new or virtually new with no signs of deferred maintenance.
The property is turnkey, fully furnished, and located in a community that allows short-term rentals, making it an ideal immediate income-generating asset or vacation home.
Featured in the 2025 Modernism Week Tour, this unit offers high-end renovations including commercial-grade windows and sliders that provide superior sound and energy performance.
The condo sits on fee-simple land, avoiding the complications of land leases common in Palm Springs, and boasts expansive mountain views from the living areas and back patio.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1349.
The monthly association fee of $678 is relatively high for a 1,000-square-foot unit, which may impact net ROI for investors or monthly affordability for residents.
With only 1,000 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for buyers seeking more spacious accommodations.
Turnkey and fully furnished, this 2-bedroom, 2-bath condo at Coco Cabana blends thoughtful renovation with one of the community's most coveted positions, and in a community that allows short-term rentals, it's as compelling an investment as it is a personal retreat. Featured during the 2025 Modernism Week Tour, Unit 16 sits at the heart of South Palm Springs' mid-century legacy, offering expansive mountain views from the back patio and living areas, commercial-grade windows and sliders that flood the space with natural light, and exceptional sound and energy performance throughout.The layout flows effortlessly for daily living or entertaining, with defined living, dining, and kitchen spaces anchored by quartz countertops, custom cabinetry, and porcelain tile flooring, a cohesive, low-maintenance design that guests and owners alike will appreciate. Both bedrooms are generously sized, and the updated bathrooms maintain the same clean, modern finish throughout.Designed in 1955 by Charles W. Doty and thoughtfully converted into 31 residences, Coco Cabana is a boutique mid-century community set on approximately 5 acres with a saltwater pool and spa, tennis and pickleball courts, and lush grounds dotted with citrus trees, olives, and vibrant seasonal blooms. Fee-simple land, a dedicated carport, and a prime South Palm Springs address round out a property that delivers on architecture, lifestyle, and long-term value, whether you're here every weekend or renting it out while you're away.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 3.4 mi
Grades K-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,000 | 1,392 | 16% |
| Lot Size | 871 | 871 | 50% |
| Price | $559.0K | $488.0K | 60% |
| Price per sq ft | $559 | $348 | 90% |
| Built year | 1959 | 1976 | 3% |
| HOA | $678.0 | $625 | 59% |
| Days on market | 9 | 156 | 1% |
Apr 13, 2026
$559,000
Initial Listing
Aug 31, 2015
$265,000
Public Record
Aug 27, 2012
$154,500
Public Record