2020 Southridge Drive, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Turnkey Mid-Century Condo is a Strong Value Opportunity, listed at $585,700—positioned well below the $650,190 Fair Market Value by 9%. This valuation gap offers $64,490 in Instant Equity. Featuring an Excellent Condition Rating with high-end renovations, this rare freestanding unit offers a private sanctuary with panoramic mountain views, a sparkling pool, and a spacious patio. It is an ideal fit for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2020 Southridge Drive Subject | $585,700* List Price | 2 | 2 | 1,600 | $406 | - |
A 88 Desert Lakes Drive Sold | $740,000 | 2 | 2 | 1,666 | $444 | 0.4 mi |
B 100 Desert Lakes Drive Sold | $675,000 | 2 | 2 | 1,545 | $437 | 0.6 mi |
C 1836 Sandcliff Road Sold | $625,000 | 2 | 2 | 1,512 | $413 | 0.6 mi |
D 529 Desert Lakes Circle Sold | $512,000 | 2 | 2 | 1,778 | $288 | 0.2 mi |
E 1813 Sandcliff Road Sold | $585,000 | 2 | 2 | 1,380 | $424 | 0.6 mi |
F 17 Desert Lakes Drive Active | $647,000 List Price | 2 | 2 | 1,560 | $415 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1967, the property has undergone a comprehensive high-end renovation within the last 5 years. The interior features a modern galley kitchen with new custom cabinetry, designer-tiled bathrooms, and new eco-friendly cork flooring. The property is in mint, move-in ready condition with no visible maintenance needs.
As the only unit currently on the market with no shared walls, this property offers the rare privacy of a single-family home within a historic mid-century condo community.
The interior has been thoughtfully updated with eco-friendly cork flooring, custom cabinetry, and designer-tiled bathrooms, blending contemporary luxury with 1967 architectural charm.
Situated in the prestigious Rimcrest community, the home features an expansive entertainer's patio and access to pools with sweeping, panoramic views of the Palm Springs valley.
The monthly association fee of $645 is a substantial recurring cost that may affect the budget of price-sensitive buyers.
The assigned public schools carry average ratings (4 to 6 out of 10), which may be a drawback for families prioritizing high-performing educational districts.
Welcome to the only freestanding, no shared-walls unit currently on the market in this historic Palm Springs mid-century hillside condo community, Rimcrest. This unit truly lives like a private home, with the benefit of the low maintenance resort lifestyle a condo community provides. Enjoy sweeping views of the valley from one of two sparkling pools, just steps away from your private oasis in the treetops. Built in 1967 and designed by Leroy Rose & Harold Carlson this rare hillside condo village that lives like a European blue zone village. Spanning 1,600 square feet, this beautifully remodeled 2-bedroom, 2-bathroom residence also features a versatile flex space perfect for a home office, den, or bedroom for additional guests, easily made private with original refurbished shoji screens. Stylish updates include new eco-friendly cork flooring, designer-tiled bathrooms, and a sleek galley kitchen with new custom cabinetry and lighting. Step onto your expansive patio, an entertainer's dream, where you can soak in the mesmerizing desert landscape. And when it's time to unwind, a sparkling community pool and spa are just steps away. Furnishings available outside of escrow. Don't miss this rare opportunity to own a slice of Palm Springs paradise!
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 3.8 mi
Grades K-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,600 | 1,385.5 | 66% |
| Lot Size | - | 871 | 45% |
| Price | $585.7K | $495.0K | 64% |
| Price per sq ft | $366 | $359 | 54% |
| Built year | 1967 | 1976 | 18% |
| HOA | $645.0 | $620 | 57% |
| Days on market | 5 | 152 | 0% |
Jun 1, 2026
$585,700
Initial Listing
Nov 12, 2021
$541,000
Public Record
Jun 16, 2015
$70,000
Public Record