
Palm Springs, California 92264
This Turnkey Condominium is a Strong Value Opportunity, listed at $329,950—positioned well below the $341,166 Fair Market Value by 3%. This valuation gap offers $11,216 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern shaker cabinetry and updated flooring. Residents enjoy resort-style amenities, including 8 pools and 9 spas, with no rental restrictions. This property is an ideal acquisition for Buy-and-Hold Investors or vacation home seekers looking for immediate, stress-free occupancy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2345 Cherokee Way 148 Subject | $329,950* List Price | 2 | 3 | 1,225 | $279 | - |
A 2345 S Cherokee Way 118 Sold | $275,000 | 2 | 2 | 1,252 | $220 | 0.1 mi |
B 2345 S Cherokee 109 Sold | $270,000 | 2 | 2 | 1,225 | $220 | 0.1 mi |
C 2345 S Cherokee Way 105 Sold | $409,000 | 3 | 2 | 1,374 | $298 | 0.2 mi |
D 2601 S Broadmoor Drive 63 Sold | $352,000 | 2 | 3 | 1,178 | $299 | 0.7 mi |
E 2601 S Broadmoor Drive 74 Sold | $355,000 | 2 | 2 | 1,178 | $301 | 0.7 mi |
F 2345 S Cherokee Way 137 Active | $340,000 List Price | 2 | 3 | 1,225 | $278 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1986, the property has undergone a comprehensive renovation. The kitchen and bathrooms feature modern shaker-style cabinetry, stone countertops, and stainless steel appliances. With updated tile flooring, recessed lighting, and a well-maintained exterior (recent roof and paint), the home is in turnkey, move-in ready condition consistent with a 5-15 year renovation cycle.
The property is offered fully furnished with modern updates including recessed lighting and custom interior doors, making it move-in ready for immediate personal use or as a vacation rental.
Located in The Oasis Resort, residents enjoy access to 8 pools, 9 spas, tennis, pickleball, and bocce ball courts within a lush, meticulously landscaped Spanish Villa-style community.
With no community-imposed rental restrictions and a comprehensive HOA that covers water, trash, and earthquake insurance, this property is an ideal candidate for an income-producing vacation rental.
The monthly association fee of $847 is relatively high, which may deter budget-conscious buyers or impact the debt-to-income ratio for those seeking financing.
While the unit is beautifully updated, the 1986 construction may present long-term maintenance challenges or future assessments common in older condominium complexes.
Beautifully updated, turnkey 2-bedroom, 2.5-bath garden-model condo with a 1-car garage is located in one of the most unique and sought-after communities in South Palm Springs—The Oasis Resort. Pride of ownership shines throughout, with thoughtful upgrades including recessed lighting, ceiling fans in the living room, both bedrooms, and breakfast nook, along with custom interior doors and matching baseboards. The home features tile flooring in the main living areas and plush carpet in the bedrooms for added comfort. Step outside to a spacious covered patio with serene views of the surrounding hills and mountain tops—perfect for relaxing or entertaining. Conveniently located just steps from Pools 3, 4, and 5 (with Pool 4 being the main pool by the clubhouse) and nearby sport courts. The Oasis Resort truly lives up to its name, offering a lush, garden-like setting filled with mature landscaping—palm trees, fruit trees, ficus, jacaranda, vibrant bougainvillea, and tranquil fountains—all within a charming Spanish Villa-style community. Residents enjoy access to 8 pools, 9 spas, 4 tennis courts, 2 bocce ball courts, pickleball, a basketball hoop, and a clubhouse with regularly scheduled activities. Whether you're seeking a winter retreat, full-time residence, or an income-producing vacation rental, this property checks every box. Best of all—NO rental restrictions (subject to Palm Springs city ordinances). Recent community updates include exterior painting completed last year and roofing improvements over the past 7 years. HOA dues cover nearly everything: water, trash, sewer, landscaping, exterior maintenance and insurance (including earthquake insurance), as well as upkeep of all amenities. Owners are only responsible for gas, electric, and Wi-Fi. Onsite property management and maintenance add extra convenience and peace of mind. Offered fully furnished—just bring your toothbrush and start enjoying resort-style living from day one. Best value in Palm Springs !
No exterior & parking available.
Grades K-5 • 2.1 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 | 3.0 | 2.0 | 80% |
| Square foot | 1,225 | 1,385.5 | 36% |
| Lot Size | - | 816.5 | 46% |
| Price | $329.9K | $488.5K | 19% |
| Price per sq ft | $269 | $358 | 16% |
| Built year | 1986 | 1977 | 88% |
| HOA | $847.0 | $620 | 78% |
| Days on market | 0 | 150 | 0% |
May 16, 2026
$329,950
Initial Listing