
Palm Springs, California 92262
This Architecturally Unique Townhouse-Style Residence is a Strong Value Opportunity, listed at $429,000—positioned well below the $457,671 Fair Market Value by 6%. This valuation gap provides $28,671 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features a Modernized Kitchen with granite counters, soaring vaulted ceilings, and Panoramic Mountain Views from a private second-story terrace. Located near the highly-rated Katherine Finchy Elementary, it balances resort-style living with significant financial upside. This is an ideal acquisition for Owner-Occupants or Seasonal Residents seeking a sophisticated, move-in-ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2501 N Indian Canyon Drive 603 Subject | $379,000* List Price | 1 | 2 | 1,490 | $254 | - |
A 2501 N Indian Canyon Drive 631 Sold | $350,000 | 1 | 2 | 1,083 | $323 | 0.0 mi |
B 200 E Racquet Club Road 70 Sold | $310,000 | 2 | 1 | 1,211 | $256 | 0.1 mi |
C 3081 Sunflower Circle W Sold | $270,000 | 2 | 2 | 1,068 | $253 | 0.8 mi |
D 2023 N Via Miraleste Unit # 1018 1018 Sold | $300,000 | 2 | 2 | 1,183 | $254 | 0.4 mi |
E 1865 N Via Miraleste 1822 Sold | $332,000 | 2 | 2 | 1,034 | $321 | 0.5 mi |
F 200 E Racquet Club 63 Active | $410,000 List Price | 2 | 2 | 1,400 | $293 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant updates that elevate it above its 1983 build date. Key improvements include high-quality travertine tile flooring, recessed lighting, and a modernized kitchen equipped with natural wood shaker cabinetry, granite countertops, and stainless steel appliances. The bathrooms and living areas appear well-maintained with minimal wear, and the overall aesthetic reflects a renovation likely completed within the last 5 to 15 years, meeting the criteria for a 'good' condition rating.
As one of only ten two-story residences in the historic 20-villa Racquet Club Colony, this home offers a rare, dramatic layout with soaring vaulted ceilings and floor-to-ceiling glass.
The property features multiple private outdoor spaces, including a romantic walled front patio with a fountain and a large second-story terrace offering panoramic 'treehouse' mountain views.
The residence boasts high-end updates including travertine tile flooring, a remodeled kitchen with granite countertops and stainless steel appliances, and thoughtful storage solutions throughout.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1813, other record lot size in square feet = 931.
The monthly association fee of $640 is relatively high, which may impact the overall affordability and appeal for budget-conscious buyers or investors.
Situated on North Indian Canyon Drive, a primary thoroughfare in Palm Springs, the property may experience higher levels of street noise compared to more secluded interior desert enclaves.
A rare opportunity to own a two-story, townhouse-style residence at the Historic Racquet Club Colony--one of only 20 exclusive villas, with just 10 two-story homes that seldom come to market. This exceptional approximately 1,500 sq ft home is elegant, dramatic, and truly one of a kind. An oversized second-floor primary suite with soaring vaulted ceilings, walls of glass, and panoramic mountain views serves as the home's architectural centerpiece, creating a striking presence while delivering seamless indoor-outdoor living--ideal as a full-time residence or sophisticated Palm Springs retreat. A welcoming entry foyer leads to a versatile bonus retreat with a full ensuite bathroom--perfect as a home office, reading room, creative studio, media room, wellness space, or occasional guest accommodations. Thoughtfully separated from the primary suite, it offers exceptional flexibility and privacy. The main living and dining areas feature travertine tile flooring, recessed lighting, and an effortless connection to the outdoors. The updated kitchen showcases natural wood shaker cabinetry, dark granite countertops, a gray mirrored backsplash, stainless steel appliances, deep undermount sink, and built-in flat-screen TV. Glass sliders open to a private walled patio complete with a lion head fountain and faux boxwood walls, creating a charming setting for entertaining or relaxed desert living. An additional terrace off the living room provides ideal space for outdoor dining and al fresco enjoyment. The second-level primary suite is an extraordinary and exceptionally private retreat. A light-filled nook off the staircase provides space for a desk or reading area, while the expansive bedroom features dramatic 12-foot vaulted ceilings and breathtaking 'treehouse' mountain views through walls of glass. Sliders open to a large private terrace, extending the living experience outdoors and showcasing jaw-dropping vistas. The spacious ensuite bath features a dressing area with a large mirrored double closet and generous proportions rarely found in homes of this size. In-unit laundry, walk-in closets, under-stair storage, custom wood blinds, and thoughtful upgrades enhance comfort and convenience throughout. Set within lush, gated, fee-simple grounds, Racquet Club Colony offers a serene resort-style setting with pool, spa, cascading waterfall fountain, mature landscaping, covered parking, ample guest parking, and a dedicated dog run. Located just five minutes to downtown.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,490 | 1,199 |
| Lot Size | 1,813 | 1,742 |
| Price | $379.0K | $445.8K |
| Price per sq ft | $254 | $351 |
| Built year | 1983 | 1980 |
| HOA | $640.0 | $587 |
| Days on market | 106 | 67 |
Jun 11, 2026
$379,000
$399,000
-5% Price Drop
Initial Listing
May 19, 2026
$399,000
$429,000
-7% Price Drop
Initial Listing
Apr 8, 2026
$429,000
Initial Listing
Dec 22, 2004
$267,500
Public Record
Jul 13, 2004
$170,000
Public Record
Dec 12, 2000
$101,500
Public Record