200 E Racquet Club Road 19, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This 3-bedroom condominium represents a High-Potential Investment Opportunity, listed at $395,000—positioned well above the $283,270 Fair Market Value by -39%. While the property requires capital for modernization due to its Condition Rating of 5, it offers rare Fee Land ownership and a spacious 1,537 sqft layout with private patios. The unit features Mountain Views, Pool/Spa access, and Garage Parking. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime Palm Springs location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 E Racquet Club Road 19 Subject | $395,000* List Price | 3 | 2 | 1,537 | $184 | - |
A 2023 N Via Miraleste Unit # 1018 1018 Sold | $300,000 | 2 | 2 | 1,183 | $254 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1986 (38 years old) and appears to have original finishes. The kitchen features dated laminate cabinetry and older appliances, and the listing explicitly states it is being sold 'as-is' and needs a 'personal touch,' which aligns with the criteria for a property over 30 years old requiring rehab.
Unlike many properties in Palm Springs that are on leased land, this condo is situated on Fee Land, meaning you own the land outright, which simplifies financing and increases long-term value.
This unit offers a unique layout with no neighbors above or below, providing a quiet, single-family home feel with the convenience of condominium living.
With over 1,500 square feet of living space and multiple private patios accessed via large sliding glass doors, the property excels at providing the seamless indoor-outdoor lifestyle desired in the desert.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3920, other record lot size in square feet = 1358.
The property is being sold in as-is condition and is described as needing a 'personal touch,' indicating that buyers should expect immediate additional costs for renovations or modernization.
The 30-day minimum rental requirement limits the property's potential for investors looking to capitalize on the high-turnover short-term vacation rental market.
Welcome to this rarely available, spacious 3 Bedroom/ 2 Bath Condo located in a desirable Palm Springs community. It is situated on Fee Land, YOU OWN THE LAND, NO LEASE. This is a ground level unit with no one below or above. Step inside to discover an open and inviting floor plan featuring two expansive sliding glass doors that fill the home with natural light and create seamless indoor-outdoor living. Enjoy your own private patio oasis, perfect for relaxing, entertaining, or soaking in the beautiful desert weather. Primary bedroom with bathroom has direct access to the back patio. Second bedroom has direct access to the front patio with a bath attached that is also used as a guest bathroom. The third bedroom includes a large walk-in closet and picture window to the front of the unit. Washer and dryer hookups are inside unit. Enjoy access to community amenities including two pools with spas and tennis courts. Includes assigned garage parking with storage. Short Term Rentals allowed, 30 day minimum. Whether you’re looking for a full-time residence, seasonal getaway, or investment opportunity, this property’s prime location places you just minutes from shopping, dining, entertainment, and all that Palm Springs living has to offer. Sold as-is and ready for your personal touch, this is a fantastic opportunity to create your ideal desert retreat.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 82% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,537 | 1,139 | 83% |
| Lot Size | 3,920 | 436 | 96% |
| Price | $395.0K | $362.0K | 54% |
| Price per sq ft | $257 | $345 | 16% |
| Built year | 1986 | 1981 | 79% |
| HOA | $560.0 | $550 | 56% |
| Days on market | 12 | 160 | 1% |
May 26, 2026
$395,000
Initial Listing
Mar 26, 2003
$160,000
Public Record
Apr 20, 2001
$138,000
Public Record
May 31, 2000
$118,000
Public Record