2501 N Indian Canyon Drive 631, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 2 bath

2501 N Indian Canyon Drive 631
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 2501 N Indian Canyon Drive 631, Palm Springs, California 92262 is currently available with a list price of $399,000. 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 in move-in ready condition with several modern updates that elevate it above the 'fair' category despite its 1983 build date. The kitchen has been updated with granite countertops and stainless steel appliances, and the living areas feature durable slate tile flooring. The primary suite includes newer high-end carpeting, and the bathrooms are well-maintained with double vanities and walk-in showers. Additionally, the inclusion of a newer HVAC system and in-unit laundry indicates that major systems are within their functional lifespan and well-maintained.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Drama and Volume
The residence features soaring cathedral ceilings and walls of glass that create an expansive, light-filled atmosphere, seamlessly blending indoor and outdoor living spaces.
- Fee-Simple Land Ownership
Located on highly desirable fee-simple land within the historic Racquet Club Colony, this property offers full land ownership, which is a significant value driver in the Palm Springs market.
- Modern Infrastructure Upgrades
The home is equipped with a newer HVAC system, stainless steel appliances, and granite countertops, reducing the immediate need for capital improvements for the new owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 1543.
- Limited Bedroom Count
With only one official bedroom, the property may have a narrower buyer pool compared to two-bedroom units, despite the inclusion of a versatile bonus room.
- High Monthly Carrying Costs
The $640 monthly association fee is relatively high for a one-bedroom condominium, which may impact the overall affordability and investment yield for some purchasers.
About 2501 N Indian Canyon Drive 631
Own a rare townhouse-style residence at the Historic Racquet Club Colony--one of only 20 exclusive villas and the final addition to the famed Racquet Club, built by the Hotel Del Coronado Corporation. This exceptional 1,100 sq ft single-story home features dramatic vaulted ceilings, oversized rooms, and seamless indoor-outdoor living, making it an ideal full-time residence or refined weekend retreat. The expansive living room is defined by its soaring cathedral ceiling and slate tile flooring that extends throughout the main living areas, creating a clean, modern aesthetic. Walls of glass open to a private walled front patio, perfect for relaxing or entertaining. The oversized primary suite offers newer high-end carpet for comfort and warmth, along with an ensuite bath featuring double vanities, walk-in shower, skylight, and direct access to a second private patio with breathtaking San Jacinto Mountain views. A versatile bonus room with skylight and full ensuite bath provides flexibility as a guest suite, home office, or creative space. The kitchen is beautifully appointed with stainless steel appliances and granite countertops, blending timeless design with everyday functionality. In-unit laundry, newer HVAC, and thoughtful upgrades throughout enhance comfort and efficiency. Set within lush, gated grounds on fee-simple land, Racquet Club Colony offers a private resort-style setting with a sparkling pool, spa, and cascading waterfall fountain surrounded by mature landscaping. Covered parking and abundant guest parking provide convenience, while the pet-friendly community includes a dedicated dog run. Ideally located just minutes from Albertsons, Steel Gym, Starbucks, and only 10 minutes to downtown Palm Springs' vibrant dining, museums, boutiques, and nightlife, this residence combines historic pedigree, architectural drama, and modern livability in one of Palm Springs' most sought-after and exclusive enclaves.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $640.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 1.1 mi
Raymond Cree Middle School
Grades 6-8 • 0.8 mi
Palm Springs High School
Grades 9-12 • 2.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,083 | 1,060 | 52% |
| Lot Size | 1,307 | 576.5 | 71% |
| Price | $399.0K | $331.0K | 60% |
| Price per sq ft | $368 | $344 | 59% |
| Built year | 1983 | 1982 | 58% |
| HOA | $640.0 | $532 | 75% |
| Days on market | 10 | 173 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$399,000
$425,000
-6% Price Drop
Initial Listing
Price Change
Feb 25, 2026
$425,000
Initial Listing
Sold
Nov 7, 2014
$249,000
Public Record







































