200 E Racquet Club Road 70, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 1 bath
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Palm Springs, California 92262
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $299,900—positioned well below the $359,887 Fair Market Value by 16%. This valuation gap offers $59,987 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern upgrades, a private balcony with mountain views, and access to two pools and spas, this property offers a low-maintenance lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value 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 70 Subject | $299,900* List Price | 2 | 1 | 1,211 | $297 | - |
A 1870 N Mira Loma Way Sold | $359,500 | 3 | 2 | 1,152 | $312 | 0.5 mi |
B 1548 Sunflower Court N Sold | $255,000 | 2 | 1 | 837 | $305 | 1.0 mi |
C 1865 N Via Miraleste 1822 Sold | $332,000 | 2 | 2 | 1,034 | $321 | 0.4 mi |
D 200 E Racquet Club 72 Active | $319,800 List Price | 2 | 2 | 1,211 | $264 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1986, the property has undergone significant recent renovations including updated flooring, smooth ceilings, and double-pane windows. The kitchen features newer appliances and updated plumbing, while the systems are in top shape with updated ductwork and a newer water heater, presenting a move-in ready, mint-condition interior.
A significant advantage in the Palm Springs market, this property is on FEE land (you own the land), eliminating the complications and costs associated with land leases.
The home features high-value improvements including double-pane windows, smooth ceilings, updated flooring, and serviced HVAC/plumbing systems, ensuring immediate move-in readiness.
Priced competitively at $299,900 for over 1,200 square feet, this condo offers a low price-per-square-foot for a two-bedroom unit in a desirable North End location.
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 = 1125. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Despite having two bedrooms and ample square footage, the unit only features one bathroom, which may be a drawback for families, roommates, or hosting guests.
The $560 monthly association fee represents a significant recurring carrying cost that may impact the overall affordability and debt-to-income ratio for some buyers.
Enjoy easy Palm Springs living in this bright, stylish condo on FEE land, no land lease! Perfectly positioned in a desirable second floor interior courtyard location, this airy two bedroom home overlooks the sparkling pool and spa, with peek-a-boo mountain views and seamless indoor-outdoor living from two sliding glass doors opening to a spacious private balcony. Inside, the light filled layout is ideal for relaxing or entertaining, featuring updated flooring, smooth ceilings, double pane windows, and a fresh modern feel throughout. The generous kitchen offers abundant counter space, newer appliances, and a large breakfast bar open to the dining area. A flexible front bedroom with its own balcony works beautifully as a guest room, office, or den, while the oversized primary suite includes a huge walk-in closet, private vanity area, and spacious bath with skylight. Additional upgrades include updated ductwork, serviced HVAC, updated water heater and kitchen plumbing, and washer/dryer combo. Just minutes from Downtown Palm Springs, Camino Del Sol offers two pools, two spas, tennis courts, assigned garage parking with secure storage, and a low maintenance lifestyle ideal for full time living, weekend escapes, or investment potential.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.7 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 | 35% |
| Square foot | 1,211 | 1,147.5 | 57% |
| Lot Size | 3,920 | 436 | 96% |
| Price | $299.9K | $354.8K | 38% |
| Price per sq ft | $248 | $344 | 13% |
| Built year | 1986 | 1981 | 79% |
| HOA | $560.0 | $550 | 55% |
| Days on market | 29 | 162 | 1% |
May 18, 2026
$299,900
Initial Listing
Apr 24, 2023
$329,000
Public Record
Feb 8, 2022
$126,000
Public Record
Dec 28, 2001
$103,000
Public Record