
Palm Springs, California 92264
This Sophisticated Move-In Ready Condo is a Strong Value Opportunity, listed at $450,000—positioned well below the $488,810 Fair Market Value by 7%. This valuation gap offers $38,810 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit boasts a renovated chef’s kitchen and panoramic mountain views. With a land lease extended to 2089 and resort-style amenities, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2424 E Palm Canyon 2d Subject | $450,000* List Price | 2 | 2 | 1,850 | $264 | - |
A 2454 E Palm Canyon Drive 1a Sold | $479,000 | 2 | 2 | 1,850 | $259 | 0.0 mi |
B 1719 Capri Circle Sold | $375,000 | 3 | 2 | 1,427 | $263 | 0.4 mi |
C 2264 Oakcrest Drive Sold | $570,000 | 3 | 2 | 2,054 | $278 | 0.4 mi |
D 1004 Saint Thomas Circle Sold | $435,000 | 2 | 2 | 1,391 | $313 | 0.6 mi |
E 1630 S La Reina Way 1c Sold | $524,000 | 2 | 2 | 1,850 | $283 | 0.1 mi |
F 2955 E Avery B Sold | $582,000 | 3 | 3 | 1,983 | $293 | 0.3 mi |
G 1630 S La Reina Way 3c Active | $549,900 List Price | 2 | 2 | 1,850 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1972, the unit has undergone a comprehensive renovation making it move-in ready. The bathrooms feature updated stone countertops and modern glass-enclosed showers, and the kitchen is equipped with high-end stainless steel appliances. The interior finishes and systems, including the water heater and laundry, appear well-maintained and updated within the 5-15 year range.
Floor-to-ceiling windows in every room frame stunning, unobstructed views of the mountains and palms, providing a quintessential and highly sought-after Palm Springs aesthetic.
This move-in-ready residence features a sophisticated renovation, including a chef’s kitchen with dual French-door refrigerators and upgraded lighting, offering a luxury feel at a competitive price point.
The land lease has been extended to 2089, providing long-term security and significantly better financing options compared to many other lease-land properties in the area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 2410.
At $1,050 per month, the association fees are relatively high, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
Built in 1972, the mid-rise structure may lack the modern energy efficiency standards and contemporary architectural styling found in newer luxury developments.
Welcome to easy living at The Diplomat, a highly desirable mid-rise building in the heart of South Palm Springs. Step through the double doors into a sophisticated residence where floor-to-ceiling windows in every room flood the interior with natural light and frame breathtaking, panoramic views of the mountains and swaying palms. This move-in-ready, beautifully renovated home is designed for both relaxation and grand entertaining. The spacious living and dining area features upgraded lighting for a warm evening ambiance and a mirrored wet bar, perfect for hosting guests. For the culinary enthusiast, the elongated galley kitchen is a chef’s dream, boasting two French-door stainless-steel refrigerators, ample cabinetry, and a dedicated writing nook. Storage is never an issue here, with an abundance of closet space throughout the condo. The primary suite serves as a true sanctuary, complete with double sinks and a shower-over-tub, while a second bedroom and adjacent three-quarter bath offer excellent flexibility for guests or a home office. Residents enjoy the ultimate convenience of secure subterranean parking, with an elevator arriving just outside the front door. The Diplomat’s meticulously maintained grounds feature a gorgeous pool and spa, creating a resort-like atmosphere. Life is made effortless by an HOA that covers cable TV, Wi-Fi, water, and trash, ensuring a low-maintenance, carefree lifestyle, whether used as a seasonal retreat or a full-time residence. Located directly across from Smoke Tree Village, you are mere minutes from premier markets, shopping, pharmacies, and dining. With a land lease recently extended to 2089, this sophisticated condo offers luxurious desert living at its finest in an unbeatable location. Don’t miss your opportunity to own this desert gem.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 3.1 mi
Grades K-12 • 1.0 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 | 1,850 | 1,391 | 75% |
| Lot Size | 1,742 | 762 | 69% |
| Price | $450.0K | $488.0K | 45% |
| Price per sq ft | $243 | $357 | 8% |
| Built year | 1972 | 1976 | 30% |
| HOA | $1050.0 | $615 | 91% |
| Days on market | 32 | 154 | 1% |
May 13, 2026
$450,000
Initial Listing