1981 Paseo Raqueta, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
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Palm Springs, California 92262
This Turnkey Condominium represents a Strong Value Opportunity, listed at $439,000—positioned slightly above the $435,782 Fair Market Value. While priced at market, the property offers a Condition Rating of 4, featuring recent HVAC and window upgrades that ensure immediate efficiency. Residents enjoy a resort-style lifestyle with six pools, tennis courts, and scenic Mountain Views. Located near highly-rated schools like Katherine Finchy Elementary, this property is an ideal choice for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1981 Paseo Raqueta Subject | $439,000* List Price | 2 | 2 | 1,252 | $348 | - |
A 1149 Via Tenis Sold | $399,000 | 2 | 2 | 1,252 | $319 | 0.2 mi |
B 1279 Trofeo Circle Sold | $415,000 | 2 | 2 | 1,252 | $331 | 0.1 mi |
C 1861 Paseo Pelota Sold | $460,000 | 2 | 2 | 1,252 | $367 | 0.1 mi |
D 657 N Palomar Circle Sold | $539,000 | 3 | 2 | 1,387 | $389 | 0.5 mi |
E 1429 N Cerritos Drive Sold | $529,000 | 3 | 2 | 1,248 | $424 | 0.2 mi |
F 1115 E Alejo Road Sold | $475,000 | 2 | 2 | 1,221 | $389 | 0.9 mi |
G 1878 E Chia Road Sold | $475,000 | 3 | 2 | 1,248 | $381 | 0.2 mi |
H 1800 Paseo Raqueta Active | $510,000 List Price | 3 | 2 | 1,465 | $348 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is well-maintained with essential system upgrades like a newer HVAC and replacement windows. However, the kitchen and bathrooms are significantly dated, featuring older cabinetry and tile work that appear to be over 20 years old, requiring cosmetic modernization to meet current market standards.
The property is move-in ready and fully furnished, featuring critical upgrades such as a newer A/C unit and replacement windows/sliding doors for enhanced energy efficiency in the desert climate.
Located within a gated community, the residence offers access to six pools, six spas, tennis and pickleball courts, and a clubhouse, providing a high-end lifestyle or strong rental appeal.
The condo offers desirable mountain views and is conveniently situated near downtown Palm Springs, local shopping, and dining, making it an ideal seasonal retreat or investment.
The association fee of $769 per month is substantial and may impact the overall affordability and long-term carrying costs for potential buyers.
Built in 1977, the property may eventually require updates to older infrastructure or face community-wide assessments common in aging developments.
This beautifully maintained 2 Bedroom 2 Bath is move-in ready and fully furnished. This condo offers a perfect blend of comfort and convenience to downtown Palm springs, local shopping and restaurants. Unit upgrades include replacement windows and sliding glass doors, along with a newer A/C unit for added efficiency. A private garage and in-unit laundry too ! All this in a gated community, including six pools, six spas, tennis/ pickleball courts, and a clubhouse. Pride of ownership is evident throughout, making this an ideal option for a full-time residence, seasonal retreat, or investment opportunity. Come see this one today ! Seller will offer up to 3 months PAID HOA upon closing.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,252 | 1,199 |
| Lot Size | - | 1,742 |
| Price | $439.0K | $445.8K |
| Price per sq ft | $351 | $351 |
| Built year | 1977 | 1980 |
| HOA | $769.0 | $587 |
| Days on market | 4 | 67 |
Jul 18, 2026
$439,000
Initial Listing