2230 S Palm Canyon Drive 2, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Renovated Ground-Floor Condominium is a Prime Investment Opportunity, listed at $320,000—positioned well below the $328,057 Fair Market Value by 2%. This valuation gap provides $8,057 in Instant Equity. Boasting a Good Condition Rating, the home features a modernized kitchen with quartz countertops and a private patio with mountain views. Located in South Palm Springs near Palm Springs High School, residents enjoy resort-style pools and tennis courts. This turnkey asset, with a land lease through 2072, is ideal for Owner-Occupants or Seasonal Residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2230 S Palm Canyon Drive 2 Subject | $320,000* List Price | 2 | 2 | 1,152 | $285 | - |
A 1470 S Camino Real Sold | $320,000 | 2 | 2 | 1,163 | $275 | 0.9 mi |
B 1950 S Palm Canyon Drive 137 Sold | $270,000 | 2 | 2 | 1,024 | $264 | 0.4 mi |
C 1490 S Camino Real 308 Sold | $249,000 | 2 | 2 | 906 | $275 | 0.9 mi |
D 1550 S Camino Real 317 Sold | $319,000 | 2 | 2 | 1,102 | $289 | 0.9 mi |
E 2163 S Via Mazatlan Sold | $405,000 | 2 | 2 | 1,307 | $310 | 0.2 mi |
F 2180 S Palm Canyon Drive 30 Active Under Contract | $375,000 List Price | 2 | 2 | 1,170 | $321 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1978, the condo has undergone significant recent renovations. The kitchen is updated with modern quartz countertops and stainless steel appliances, and the living areas feature updated flooring and a move-in ready aesthetic. It fits the 'Good' category as a well-maintained, functional, and renovated unit.
The condo features a tastefully updated kitchen with quartz countertops, stainless steel appliances, and a gas range, providing a move-in-ready experience for buyers.
The ground-floor location combined with a split-bedroom floor plan offers both convenient accessibility and enhanced privacy for residents and guests.
Situated in a highly desirable area, the property offers mountain views and proximity to Smoke Tree Shopping Center, hiking trails, and resort-style community amenities.
The property is on a private land lease expiring in 2072, which may influence long-term equity growth and specific financing requirements for potential buyers.
With an association fee of $562 per month, the recurring costs are relatively high, which could impact the overall affordability and investment yield.
This beautifully updated 2-bedroom, 2-bath condo at Estados South offers the comfort and convenience of a desirable ground-floor location in South Palm Springs. Designed with a split-bedroom layout for added privacy, the home is bright and inviting, with abundant natural light and easy indoor-outdoor flow.Step outside to a spacious private patioperfect for relaxing, entertaining, or accommodating petscreating a true extension of the living space. The kitchen has been tastefully updated with quartz countertops and stainless steel appliances, a gas range, and offers ample storage.This condo is ideal as a full-time residence, seasonal getaway, or income-producing investment. Residents of Estados South enjoy a resort-style setting with access to two pools, two spas, and two tennis courts, all set within beautifully maintained grounds. The location is close to Smoke Tree Shopping Center, Indian Canyon golf courses, scenic hiking trails, and downtown Palm Springs.The private land lease extends through 2072, and additional details, including the inventory list, are available upon request. Contact agent for a private showing or more information.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 3.7 mi
Grades K-12 • 2.2 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 | 1,152 | 1,385.5 | 25% |
| Lot Size | - | 816.5 | 46% |
| Price | $320.0K | $488.5K | 18% |
| Price per sq ft | $278 | $358 | 20% |
| Built year | 1978 | 1977 | 56% |
| HOA | $562.0 | $620 | 34% |
| Days on market | 32 | 150 | 1% |
May 6, 2026
$320,000
Initial Listing