205 The Riv, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
205 The Riv
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 205 The Riv, Palm Springs, California 92262 is currently available with a list price of $549,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2019, this property is virtually new and features a fully modern aesthetic throughout. The kitchen boasts stainless steel appliances, quartz countertops, custom cabinetry with gold hardware, and a wine fridge. Bathrooms are equally pristine with glass-enclosed showers, contemporary vanities, and modern fixtures. High-quality, light-colored tile flooring is consistent, and lighting is updated. The property includes custom details like a suspended fireplace and full solar, indicating no deferred maintenance and meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Views
The condo boasts 'the best view at 64@The Riv' with tremendous mountain views to the south and west from every room and the balcony, enhancing its desirability.
- Prime Location & Community Amenities
Situated in the center of Palm Springs' Uptown Design District, close to restaurants and shops, within a gated community offering a private dog park, EV charging, and a resort-style pool.
- Modern & Custom Interior Design
Fully furnished with custom details, including a Jetson-style suspended fireplace, wine fridge, custom hardware, open concept living, 9' ceilings with exposed beams, and quartz countertops.
CONSRISKS & DEFICIENCIES
- Significant Price Reductions
The property has undergone substantial price reductions from an original list price of $640,000 to $549,000, which could indicate initial overpricing or market resistance.
- Monthly Homeowners Association (HOA) Fees
A monthly association fee of $550 adds a recurring cost to ownership, which may be a deterrent for some buyers.
- Limited Private Outdoor Space
As an upper-level condominium, private outdoor space is restricted to a balcony, potentially not meeting the needs of buyers desiring a private yard or larger outdoor living area.
About 205 The Riv
LITERALLY THE BEST VIEW AT 64@THE RIV! Beautiful 2 bed 2 bath condo right in the center of Palm Springs! One of the best locations within the community, this upper level FULLY FURNISHED poolside condo is filled with custom details, including a cool Jetson style suspended fireplace, a wine fridge, custom gold hardware and tremendous mountain views to the south and west from every room and the balcony! Also includes full solar for super low electric bills. 64@The Riv is a gated community located in the Uptown Design District of Palm Springs, and close to tons of cool restaurants and shops. Some additional features are open concept living area, 9' ceilings with exposed beam, 8' tall sliders onto patio, clerestory windows, quartz countertops and backsplash, custom cabinetry, private community dog park, community electric car charging stations, and a 60' resort stye pool and fireside seating area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- 1,362 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,226 | 1,060 | 64% |
| Lot Size | 1,362 | 576.5 | 77% |
| Price | $549.0K | $331.0K | 82% |
| Price per sq ft | $448 | $344 | 81% |
| Built year | 2019 | 1982 | 93% |
| HOA | $550.0 | $532 | 52% |
| Days on market | 236 | 173 | 74% |
Pricing History
Listed for Sale
Dec 12, 2025
$549,000
$599,000
-8% Price Drop
Initial Listing
Price Change
Oct 15, 2025
$599,000
$640,000
-6% Price Drop
Initial Listing
Price Change
Jul 14, 2025
$640,000
Initial Listing