2400 Los Coyotes Drive, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This property presents a High-Potential Investment Opportunity with a List Price of $392,500—positioned well below the $356,010 Fair Market Value by -10%. While the property is currently priced above market, its location on FEE land in South Palm Springs provides a distinct advantage over leasehold alternatives. With a Condition Rating of 4, the home requires cosmetic modernization, offering a clear path for value-add renovations. Featuring Mountain Views and resort-style amenities, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2400 Los Coyotes Drive Subject | $392,500* List Price | 2 | 2 | 1,092 | $326 | - |
A 5503 Los Coyotes Drive 38 Sold | $355,000 | 2 | 2 | 1,066 | $333 | 0.1 mi |
B 21 Pueblo Vista Drive Sold | $340,000 | 2 | 1 | 1,125 | $302 | 0.1 mi |
C 5301 E Waverly Drive 172 Sold | $275,000 | 2 | 2 | 979 | $281 | 0.4 mi |
D 4455 E Seven Lakes Drive #f Sold | $395,000 | 2 | 2 | 1,180 | $335 | 0.8 mi |
E 5805 Los Coyotes Drive Sold | $410,000 | 2 | 2 | 1,092 | $375 | 0.1 mi |
F 47 Portola Drive Sold | $340,000 | 2 | 2 | 1,125 | $302 | 0.1 mi |
G 2240 E Miramonte Circle C Sold | $450,000 | 3 | 2 | 1,404 | $321 | 0.7 mi |
H 5920 Paradise Plaza Sold | $310,000 | 2 | 2 | 1,168 | $265 | 0.5 mi |
I 35 Pueblo Vista Drive Active | $349,000 List Price | 2 | 2 | 1,125 | $310 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is significantly dated and appears to have original or older long-term features. The kitchen contains basic white appliances and cabinetry, while the interior shows popcorn ceilings and worn carpeting. While functional and move-in ready for some, it requires cosmetic modernization and likely updates to aging systems to meet modern standards.
The property is situated on desirable FEE land in South Palm Springs, providing the significant advantage of full land ownership without the complications or costs of a land lease.
Located within the Villa De Las Flores complex, residents have access to extensive amenities including multiple pools, spas, a fitness center, and tennis and pickleball courts.
The home is exceptionally positioned near the Tahquitz Creek Golf Resort and within walking distance to major retail hubs like Trader Joe's, Target, and Starbucks.
Built in 1977, the property may require capital improvements or interior modernizations to align with contemporary design standards and energy efficiency.
The monthly association fee of $520 is a substantial recurring cost that may impact the debt-to-income ratio for some buyers or reduce overall investment yield.
Exceptional in-demand location! Exceptional opportunity! Popular and friendly Villas de las Flores complex in desirable South Palm Springs on FEE land. Here is bright two bedroom two bath home with sizeable enclosed rear patio. Carport parking, pools, spas, workout room, tennis and pickleball courts. Surrounded by Tahquitz Creek Golf Resort. Close to Starbucks, Vons, Target and Trader Joes. Enjoy the Palm Springs lifestyle as a weekend retreat, seasonal residence or full time home. Have your clients participate in the burgeoning Palm Springs market.
No exterior & parking available.
Grades K-5 • 3.3 mi
Grades 6-8 • 4.5 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,092 | 1,199 |
| Lot Size | - | 1,742 |
| Price | $392.5K | $445.8K |
| Price per sq ft | $359 | $351 |
| Built year | 1977 | 1980 |
| HOA | $520.0 | $587 |
| Days on market | 20 | 67 |
Jul 2, 2026
$392,500
Initial Listing
Jun 18, 2004
$180,000
Public Record
May 7, 1997
$63,000
Public Record