
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 | $429,000* List Price | 2 | 2 | 1,490 | $307 | - |
A 1865 N Via Miraleste 1822 Sold | $332,000 | 2 | 2 | 1,034 | $321 | 0.5 mi |
B 1895 N Via Miraleste 1518 Sold | $425,000 | 2 | 2 | 1,183 | $359 | 0.5 mi |
C 2023 N Via Miraleste 1017 Sold | $440,000 | 2 | 2 | 1,183 | $372 | 0.4 mi |
D 385 E Via Escuela 415 Sold | $420,000 | 2 | 2 | 1,183 | $355 | 0.4 mi |
E 2054 N Mira Vista Way Sold | $312,000 | 2 | 2 | 1,088 | $287 | 0.4 mi |
F 1870 N Mira Loma Way Sold | $359,500 | 3 | 2 | 1,152 | $312 | 0.5 mi |
G 200 E Racquet Club Road 60 Active Under Contract | $445,000 List Price | 2 | 2 | 1,400 | $318 | 0.0 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. Soaring vaulted ceilings, oversized rooms, and walls of glass create 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 2nd bedroom/guest suite with full ensuite bath--perfect as a home office or creative space. The main living/dining areas feature travertine tile flooring and recessed lighting. The updated kitchen showcases natural wood shaker cabinetry, rich dark granite countertops, a gray mirrored backsplash, stainless steel appliances, deep under mount sink, and a built-in flat screen TV. Glass sliders open to a private, walled front patio offering European charm and romance, complete with a lion head fountain and faux boxwood walls--perfect for entertaining or relaxed desert living.The 2nd level primary suite is a true retreat. A charming natural light-filled nook off the staircase provides space for a desk or reading area, while the expansive bedroom features dramatic 12' vaulted ceilings and ''treehouse'' panoramic mountain views through floor-to-ceiling windows. Sliders open to a generous private second-story terrace, extending the living experience outdoors. The ensuite bath features a dressing area with a large mirrored double closet and a spacious layout. In-unit laundry, walk-in closets, and additional storage throughout--including under-stair space--add everyday convenience. Custom wood blinds, thoughtful upgrades, and abundant storage enhance comfort and livability throughout this distinctive residence. Set within lush, gated, fee-simple grounds, Racquet Club Colony offers a serene, resort-style environment with pool, spa, and cascading waterfall fountain surrounded by mature landscaping. Covered parking, ample guest parking, and a pet-friendly setting with a dedicated dog run complete the community. Ideally located minutes from shopping, dining, and fitness, and just 10 minutes to vibrant downtown Palm Springs--this is a compelling opportunity to own a dramatic, architecturally unique residence in one of the city's most exclusive enclaves.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,490 | 1,130 | 84% |
| Lot Size | 1,813 | 500 | 86% |
| Price | $429.0K | $361.0K | 60% |
| Price per sq ft | $288 | $345 | 26% |
| Built year | 1983 | 1981 | 61% |
| HOA | $640.0 | $550 | 68% |
| Days on market | 14 | 182 | 1% |
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