2113 Sunshine Way, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
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Palm Springs, California 92264
This Renovated Kaptur-Designed Home is a Strong Value Opportunity, listed at $520,000—positioned well below the $529,211 Fair Market Value by 1.7%. This valuation gap offers $9,211 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Quartz Waterfall Kitchen, Newer HVAC, and Mountain Views. With a rare, extended land lease to 2076, this property provides exceptional financial stability. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or seasonal residents desiring a low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2113 Sunshine Way Subject | $520,000* List Price | 3 | 2 | 1,342 | $394 | - |
A 2226 Sunshine Way Sold | $520,000 | 3 | 2 | 1,342 | $387 | 0.1 mi |
B 3155 E Ramon Road 312 Sold | $420,000 | 3 | 2 | 1,339 | $314 | 0.5 mi |
C 1111 E Ramon Road 78 Sold | $488,000 | 2 | 2 | 1,313 | $372 | 0.6 mi |
D 1111 E Ramon Road 98 Sold | $480,000 | 3 | 2 | 1,313 | $366 | 0.6 mi |
E 3155 E Ramon Road 904 Sold | $440,000 | 2 | 2 | 1,230 | $358 | 0.7 mi |
F 2134 S Sunshine Circle Active Under Contract | $489,000 List Price | 2 | 2 | 1,172 | $417 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation (likely within the last 5 years), featuring a modern kitchen with a quartz waterfall island and stainless steel appliances. Critical systems including the HVAC, water heater, and electrical outlets are noted as newer, and the bathrooms have been fully refreshed with modern vanities and LED mirrors, meeting the criteria for mint condition with no immediate maintenance required.
Designed by renowned architect Hugh Kaptur, this move-in-ready home features extensive high-end renovations, including a quartz waterfall kitchen island, newer HVAC, and designer lighting.
The land lease is extended to 2076 with a uniquely low monthly payment of $190 for the next 17 years, providing significant financial stability and value compared to other Palm Springs leasehold properties.
Located in a gated South Palm Springs community across from Sunrise Park, the home offers majestic mountain views and access to four pools, spas, and newly painted pickleball courts.
The monthly HOA fee of $883 is substantial, which increases the total monthly carrying cost and may impact affordability for budget-conscious buyers.
With a lot size of just 1,307 sqft and a condominium sub-type, the property lacks a traditional private backyard, which may be a drawback for those seeking significant personal garden space.
Move-in-ready single-story 3BD/2BA home, designed by Hugh Kaptur, only attached at the garage. Like a single-family home! Located in the gated community of Sunshine Villas in south Palm Springs, the 1.342 sq. ft. corner-lot home offers privacy, natural light, majestic mountain views, and easy indoor-outdoor flow. The setting is exceptionally convenient, positioned across from Sunrise Park, the City pool, and skate park, with quick access to shopping, dining, and downtown. Inside, the home has been extensively updated with a newer HVAC system, water heater, flooring, baseboards, and electrical outlets. The kitchen features a white quartz waterfall island and backsplash, and stainless steel appliances. Both bathrooms have been refreshed with modern vanities and touchscreen-lit mirrors. The home has been freshly painted museum white, including the garage, and complemented with new lighting, including two Italian designer modern fixtures. The garage and back patio are finished with commercial-grade carpeting, and a separate covered patio provides a private space for outdoor dining or morning coffee. Sunshine Villas offers four pools and spas, four newly painted pickleball/tennis courts, a bark park. This home has completed Phase 2 of the community's desert-landscaping project, which has already reduced water bills and maintenance costs with upgraded irrigation. A significant advantage is that the Seller has paid all fees to extend the land lease to 2076 (51 years), with a unique successor land lease of $190 per month for the next 17 years, far lower than many newer leases in the area. Optional furnishings are available outside of escrow for buyers seeking a more turnkey home. This renovated Kaptur-designed home combines architectural appeal, modern updates, and a central Palm Springs location, ideal for full-time living, seasonal use, or as an investment property. This one you will want to see!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 2.2 mi
Grades K-12 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,342 | 1,385.5 | 48% |
| Lot Size | 1,307 | 871 | 59% |
| Price | $520.0K | $492.0K | 55% |
| Price per sq ft | $387 | $359 | 64% |
| Built year | 1980 | 1977 | 67% |
| HOA | $883.0 | $620 | 81% |
| Days on market | 22 | 150 | 1% |
May 15, 2026
$520,000
Initial Listing