2345 S Cherokee Way 105, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
2345 S Cherokee Way 105
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 2345 S Cherokee Way 105, Palm Springs, California 92264 is currently available with a list price of $499,000. 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
Property is move-in ready.
The property is move-in ready and has been significantly updated since its 1986 construction. The kitchen features modern stone countertops and stainless steel appliances, while the living areas boast updated neutral tile flooring and vaulted ceilings. The bathrooms appear well-maintained with dual sinks and stone surfaces. While not a brand-new renovation, the home shows minimal wear and tear and meets modern aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile and Private Layout
As the largest floor plan in the complex, this ground-level residence offers a den that can function as a third bedroom and provides exceptional privacy with no neighbors living above.
- Extensive Resort Amenities
The property is situated within a 27-acre gated community featuring an impressive array of facilities, including eight heated pools, nine spas, and courts for tennis, pickleball, and bocce ball.
- Prime Location and Investment Potential
Located in the desirable South End across from the Parker Palm Springs, the community's allowance for short-term rentals offers significant flexibility for generating vacation rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Monthly Association Fees
The monthly HOA fee of $847 is substantial, which may deter budget-conscious buyers and impacts the overall monthly carrying costs of the property.
- Regulatory Rental Restrictions
Although short-term rentals are permitted, they are subject to strict Palm Springs city ordinances and permit caps, which could limit the long-term predictability of rental income.
About 2345 S Cherokee Way 105
Welcome to the largest two-bedroom, two-bath plus den floor plan at the highly desirable Oasis Resort in South Palm Springs. This rarely available ground-level residence offers exceptional privacy with no one above and lives like a serene Mediterranean villa in a beautifully landscaped resort setting.A charming private courtyard welcomes you into the home--an ideal place to enjoy morning coffee while hummingbirds pass through the tranquil desert air. Inside, the spacious open floor plan features a light-filled living room with vaulted ceilings that flows seamlessly into the dining area, creating an inviting space for relaxing or entertaining.The well-appointed kitchen offers wraparound stone countertops, abundant cabinetry, and stainless steel appliances including a gas range--perfect for those who enjoy cooking and hosting. Spanning nearly 1,400 square feet, the thoughtful layout features two generously sized primary suites positioned on opposite sides of the home, each with dual sinks and private baths. A versatile den provides the perfect option for a third bedroom, media room, or a bright work-from-home office.Outdoor living is equally impressive with a spacious wraparound patio enhanced by classic Spanish-style pergolas--an ideal setting for al fresco dining, lounging, and taking in the stunning mountain views.Additional highlights include abundant storage and a highly desirable attached two-car garage.Life at Oasis Resort offers a true resort lifestyle across 27 acres of beautifully maintained desert gardens. Residents enjoy eight heated pools, nine spas, five tennis courts, pickleball, bocce ball, a basketball hoop, a fitness center, clubhouse, on-site management, and plentiful guest parking within a gated community. Scenic walking paths, fountains, and lush landscaping create a peaceful environment throughout the grounds.Located directly across from the iconic Parker Palm Springs Hotel and just minutes from downtown Palm Springs' renowned dining, shopping, and nightlife, this home offers the best of desert living. The community also allows short-term rentals (subject to Palm Springs city ordinances), providing flexibility for personal enjoyment and potential income.A rare opportunity to own a spacious and private retreat in one of South Palm Springs' most desirable resort communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $847.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 2.0 mi
Raymond Cree Middle School
Grades 6-8 • 3.7 mi
Desert Learning Academy
Grades K-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,374 | 1,325 | 53% |
| Lot Size | 1,307 | 1,166 | 54% |
| Price | $499.0K | $450.0K | 59% |
| Price per sq ft | $363 | $330 | 61% |
| Built year | 1986 | 1977 | 90% |
| HOA | $847.0 | $624 | 85% |
| Days on market | 8 | 163 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$499,000
Initial Listing