200 E Racquet Club Drive 35, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 1 bath
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Palm Springs, California 92262
This Value-Add Condominium represents a Prime Investment Opportunity with a List Price of $251,500—positioned well below the $261,798 Fair Market Value by 3%. This valuation gap provides $10,298 in Instant Equity for buyers. Holding a Condition Rating of 4, the asset features original 1986 finishes and requires cosmetic modernization to unlock its full potential. Residents enjoy Mountain Views, a private patio, and resort amenities within the Palm Springs Unified district. This is an ideal acquisition for Fix-and-Flip Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 E Racquet Club Drive 35 Subject | $251,500* List Price | 2 | 1 | 1,211 | $216 | - |
A 200 E Racquet Club Rd 69 Sold | $260,000 | 2 | 1 | 1,211 | $215 | 0.1 mi |
B 200 E Racquet Club Road 69 Sold | $260,000 | 2 | 1 | 1,211 | $215 | 0.1 mi |
C 2023 N Via Miraleste Unit # 1018 1018 Sold | $300,000 | 2 | 2 | 1,183 | $254 | 0.4 mi |
D 110 E Via Escuela C Sold | $305,000 | 3 | 2 | 1,344 | $227 | 0.3 mi |
E 232 E Via Escuela C Active | $325,000 List Price | 3 | 2 | 1,344 | $242 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property appears to be in mostly original condition with dated features such as laminate cabinetry with wood trim, fluorescent light boxes in the kitchen, and older tile flooring. While the unit is functional, the images reveal signs of deferred maintenance, specifically missing or damaged flooring in the bathroom vanity area, indicating a need for minor repairs and cosmetic modernization.
Listed at $251,500, the property is priced significantly below its 2023 sale price of $327,000, offering a rare high-equity opportunity in the Palm Springs market.
The Camino Del Sol community provides premium lifestyle features including tennis courts, multiple pools, and manicured grounds, ideal for seasonal or full-time desert living.
The unit boasts desirable mountain and neighborhood views, paired with an indoor-outdoor flow and private patio that maximizes the aesthetic appeal of the location.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly HOA fee of $525 is relatively high compared to the listing price, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
With two bedrooms but only one bathroom, the layout may be less convenient for families or those hosting guests compared to more common two-bathroom configurations in the area.
This Palm Springs condo unit offers 2 Bedroom and 1 bathroom. It features living and dining areas, ample natural light, an easy indoor-outdoor flow with a patio.The kitchen provides ample counter and storage, ideal for all. Both bedrooms are spacious. The community enjoys access to pools, landscaped grounds, and tennis courts. A must see!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 1,211 | 1,130 | 58% |
| Lot Size | - | 436 | 46% |
| Price | $251.5K | $360.0K | 24% |
| Price per sq ft | $208 | $345 | 2% |
| Built year | 1986 | 1981 | 79% |
| HOA | $525.0 | $550 | 44% |
| Days on market | 9 | 182 | 1% |
Apr 13, 2026
$251,500
Initial Listing
Jan 26, 2023
$327,000
Public Record
Jul 9, 1999
$67,000
Public Record