1950 S Palm Canyon Drive 131, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
ACTIVE$309,000
1950 S Palm Canyon Drive 131, Palm Springs, California 92264
2Beds
2Baths
1,024Sqft
871Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Sweeping Mountain Views & Patios: The upper-level condo offers sweeping views of the majestic mountains and features two large patios perfect for enjoying spectacular sunsets, enhancing its appeal.
Top Cons:
Age of Property: Built in 1972, the property is over 50 years old. While HVAC is upgraded, other systems or interior finishes may be dated, potentially requiring future renovations or maintenance beyond what is visible.
Compared to the nearby listings
Price:$309.0K vs avg $439.4K ($-130,450)12%
Size:1,024 sqft vs avg 1,307 sqft18%
Price/sqft:$302 vs avg $33830%
More Insights
Built in 1972 (53 years old).
Condition: Built in 1972, this property is over 50 years old. While the HVAC has been upgraded, the kitchen features very dated white appliances, old-style cabinets, and countertops, suggesting renovations (if any) occurred 30-50+ years ago. The bathrooms, from what is visible, also appear significantly outdated. The interior is predominantly carpeted, which looks worn and dated. Although the property appears maintained and livable, the aesthetic and functional age of the kitchen, bathrooms, and flooring would require substantial rehabilitation and updates to meet current standards, aligning with the 'poor' condition criteria.
Year Built
1972
Close
-
List price
$309K
Original List price
$319K
Price/Sqft
$302
HOA
$448
Days on market
-
Sold On
-
MLS number
219125556DA
Home ConditionPoor
Features
Good View: Mountain(s), Pool
Pool
Spa
ViewMountain(s), Pool
About this home
Don't miss the rare opportunity to own this upper level 2 bed 2 bath condo with sweeping views of the majestic mountains. Sandstone Villas is a secret oasis in South Palm Springs with tennis and pickle ball courts, multiple pools/spas and a community dog walking trail. This unit has a prime location in the community near two pools, a BBQ area and the fitness center. The unit has upgraded HVAC and generously sized bedrooms that have oversized closets with direct access to bathrooms.The two large patios are perfect to enjoy the valley's spectacular sunsets. HOA fees are reasonable and include gas, trash, sewer, exterior maintenance and a reserved covered parking space. Best of all, it is not leased land. With a 7-day rental policy, and close proximity to downtown, this unit will make a great investment or long-term home!
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•0.9mi
4/10
Raymond Cree Middle School
Public,•6-8•3.3mi
4/10
Desert Learning Academy
Public,•K-12•1.9mi
6/10
Palm Springs High School
Public,•9-12•2.2mi
Condition Rating
Poor
Built in 1972, this property is over 50 years old. While the HVAC has been upgraded, the kitchen features very dated white appliances, old-style cabinets, and countertops, suggesting renovations (if any) occurred 30-50+ years ago. The bathrooms, from what is visible, also appear significantly outdated. The interior is predominantly carpeted, which looks worn and dated. Although the property appears maintained and livable, the aesthetic and functional age of the kitchen, bathrooms, and flooring would require substantial rehabilitation and updates to meet current standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Sweeping Mountain Views & Patios: The upper-level condo offers sweeping views of the majestic mountains and features two large patios perfect for enjoying spectacular sunsets, enhancing its appeal.
Strong Investment & Rental Potential: With a flexible 7-day rental policy and close proximity to downtown Palm Springs, this unit presents an excellent opportunity for investment or short-term rentals.
Comprehensive Community Amenities: Sandstone Villas provides an array of amenities including tennis and pickleball courts, multiple pools/spas, a community dog walking trail, BBQ area, and fitness center, all conveniently located near the unit.
Fee Simple Ownership (Not Leased Land): A significant advantage in Palm Springs, the property is not on leased land, simplifying ownership and financing compared to many other local properties.
Upgraded HVAC & Inclusive HOA: The unit benefits from upgraded HVAC, and reasonable HOA fees cover gas, trash, sewer, exterior maintenance, and a reserved covered parking space, offering good value.
Cons
Age of Property: Built in 1972, the property is over 50 years old. While HVAC is upgraded, other systems or interior finishes may be dated, potentially requiring future renovations or maintenance beyond what is visible.
Upper Level Unit Accessibility: As an upper-level unit, it likely requires stair access (no elevator mentioned), which could be a drawback for buyers with mobility concerns or for moving large items.
Potential for Noise & Privacy Issues: Its prime location within the community, near two pools, a BBQ area, and the fitness center, could lead to increased noise levels and reduced privacy, especially during peak usage times.