2290 S Palm Canyon Drive 115, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

2290 S Palm Canyon Drive 115, Palm Springs, California 92264 home-pic-0

2290 S Palm Canyon Drive 115

Palm Springs, California 92264

ACTIVE UNDER CONTRACT
CONDITION: GOOD
1Beds
1Baths
552Sq Ft
Lot Size

Property Price

LIST PRICE$245,000

SUMMARY

Analysis of 2290 S Palm Canyon Drive 115, Palm Springs, California 92264 is currently available with a list price of $245,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

Good
TeardownExcellent

Property is move-in ready.

This 1958 mid-century modern condo is move-in ready and features several key updates that elevate it above 'fair' condition. Notable improvements include new dual-pane windows, bamboo flooring throughout, and the addition of recessed lighting. The bathroom has been updated with a deep soaking tub, and the overall aesthetic is clean and well-maintained. While the building is older, the interior components have been modernized sufficiently to meet current standards without requiring immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Iconic Midcentury Design & Views

    This 1958 residence captures classic desert modernism with unobstructed San Jacinto Mountain views and updated dual-pane windows that maximize natural light and architectural appeal.

  • Fee Land & Rental Flexibility

    The property is located on fee land (you own the land) and features a rare 14-day minimum rental policy, providing significant flexibility for seasonal income potential.

  • Comprehensive HOA Utilities

    Monthly dues include water, gas, heating, and trash, offering simplified ownership and predictable carrying costs for a vacation home or investment property.

CONSRISKS & DEFICIENCIES

  • Compact Living Space

    At only 552 square feet, the unit's small footprint may feel restrictive for full-time residents or those requiring more storage and living area.

  • High HOA-to-Square-Footage Ratio

    The $580 monthly HOA fee is relatively high for a unit of this size, which may impact the overall cap rate for investors focused on net cash flow.

About 2290 S Palm Canyon Drive 115

Welcome to Desert Skies, one of South Palm Springs' most recognized midcentury communities. Built in 1958 during the height of Palm Springs' architectural boom, Desert Skies reflects the clean lines, indoor-outdoor design, and effortless cool that define classic desert modernism. Located in the desirable south end on fee land (you own the land not leased), this upper-level residence offers direct, unobstructed views of the San Jacinto Mountains. Expansive NEW dual pane windows flood the space with natural light while framing the dramatic desert backdrop that makes Palm Springs living so iconic. Inside, warm bamboo flooring enhances the home's clean architectural lines. The open layout creates a bright and airy feel, while the spacious bedroom provides a peaceful retreat. The bathroom features a deep soaking tub, blending comfort with midcentury character. Recessed lighting also offers a nice modern touch. Desert Skies was originally developed by Roy Fey during Palm Springs' explosive growth era in the late 1950s and remains an intimate 38-unit community known for its authentic architectural roots. Residents enjoy two pools (one heated seasonally), a spa, BBQ area, community rooms, and classic desert landscaping. The east-building location provides added privacy away from street noise. Monthly HOA dues include water, hot water, gas for cooking and heating, trash, roof, and grounds maintenance offering simplicity and predictable ownership costs. Importantly, the HOA allows 14-day minimum rentals, creating flexibility for seasonal income potential while still preserving the peaceful character of the community. Whether you're seeking a full-time residence, desert getaway, or part-time income opportunity, this property offers options. Close to hiking trails, golf, and the vibrant South Palm Canyon dining corridor, this is true South Palm Springs living architectural pedigree, mountain views, rental flexibility, and timeless desert charm. Desert Skies isn't just a condo it's a piece of Palm Springs history with opportunity built in. Sold partially furnished. Please have all offers in by end of day, Sunday 2/22/26.

Property Details

Public Facts

Property Type
Condominium
Year Built
1958
Lot Size
-

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$580.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
13%
Baths1.02.0
10%
Square foot5521,322
3%
Lot Size-1,148
38%
Price$245.0K$450.0K
7%
Price per sq ft$444$330
80%
Built year19581977
2%
HOA$580.0$624
44%
Days on market20163
1%

Pricing History

Listed for Sale

Feb 15, 2026

$245,000

Initial Listing

Sold

Jun 8, 2007

$125,000

Public Record

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