251 E La Verne Way F, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Architecturally Significant Modernist Condo is a Prime Investment Opportunity, listed at $449,900—positioned well below the $473,047 Fair Market Value by 4%. This valuation gap offers $23,147 in Instant Equity. Featuring an Excellent Condition Rating, the residence showcases a renovated quartz kitchen, mountain views, and a split-bedroom floor plan on Fee Simple land. Designed by William F. Cody near Palm Springs High School, it balances historical prestige with modern luxury. This is an ideal sanctuary for Design Enthusiasts or Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 251 E La Verne Way F Subject | $449,900* List Price | 2 | 2 | 1,345 | $352 | - |
A 1150 E Palm Canyon Drive 54 Sold | $499,900 | 2 | 2 | 1,240 | $403 | 0.9 mi |
B 2190 S Palm Canyon Drive 50 Sold | $350,000 | 2 | 2 | 1,170 | $299 | 0.1 mi |
C 255 E Avenida Granada 312 Sold | $435,000 | 2 | 2 | 1,198 | $363 | 0.5 mi |
D 2077 S Caliente Drive Sold | $425,000 | 2 | 2 | 1,325 | $321 | 0.6 mi |
E 2029 S Ramitas Way Sold | $555,000 | 2 | 3 | 1,694 | $328 | 0.2 mi |
F 910 E Palm Canyon Drive 102 Sold | $500,000 | 2 | 2 | 1,257 | $398 | 0.7 mi |
G 261 E La Verne Way Q Active | $459,999 List Price | 2 | 2 | 1,345 | $342 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1976, the property has undergone an extensive recent renovation within the last five years, as evidenced by the sales history and description. The kitchen is fully modernized with custom quartz waterfall countertops and brand-new appliances (refrigerator, cooktop, dishwasher). The primary suite features updated dual vanities and contemporary finishes throughout. The home is move-in ready with no deferred maintenance, meeting the criteria for excellent condition due to the high-quality recent overhaul.
The property offers rare fee simple land ownership in Palm Springs and is located within a community designed by renowned modernist architect William F. Cody, providing significant long-term value and prestige.
This move-in-ready home features a fully updated kitchen with quartz waterfall countertops, brand-new appliances, and contemporary finishes, eliminating the need for immediate capital improvement.
The thoughtful split-bedroom floor plan ensures maximum privacy, while the oversized private terrace offers seamless indoor-outdoor living with sought-after mountain and pool views.
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 = 1490. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
At $721 per month, the association fees are relatively high, which may impact the overall affordability for some buyers or reduce net yields for investors.
The unit only includes one assigned covered carport space, which could be a logistical challenge for multi-vehicle households or those who host frequent overnight guests.
Beautifully renovated 2-bedroom, 2-bath condo on Fee Simple Land-you own the land- within the architecturally significant Casa Canyon community. Designed by renowned modernist architect William F. Cody, FAIA, this move-in ready home delivers the best of desert living, featuring mountain and pool views from the x-large private terrace, an updated kitchen and resort-style amenities. Offering approximately 1,345 square feet, this thoughtfully designed residence features an ideal split-bedroom floor plan providing excellent privacy between the spacious primary suite and guest accommodations-perfect for full-time living, hosting visitors, or seasonal use.The expansive primary suite includes dual vanities, a generous walk-in closet, and sliding glass doors opening to a private terrace showcasing picturesque mountain and pool views. The oversized living room shares terrace access, creating seamless indoor-outdoor living ideal for relaxing or entertaining.The modernized kitchen combines style and functionality with abundant counter space and storage, a large pantry, custom quartz countertops with waterfall bar seating, brand-new refrigerator, ceramic cooktop, dishwasher, and contemporary finishes throughout. Residents enjoy fee simple ownership along with community amenities including a resort style pool within one of the most desirable neighborhoods in South Palm Springs and surrounded by scenic hiking trails. Just minutes from downtown Palm Springs shopping, dining, and entertainment, this property is ideal as a primary residence, vacation home, seasonal desert retreat, or investment opportunity offering exceptional flexibility, architectural significance, and timeless Palm Springs lifestyle appeal.Additional features include a large private storage room off the terrace, one assigned covered carport space, and ample guest parking.**This condo was staged and is shown unfurnished.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 3.6 mi
Grades K-12 • 2.0 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 | 1,345 | 1,392 | 48% |
| Lot Size | 1,742 | 871 | 69% |
| Price | $449.9K | $485.0K | 44% |
| Price per sq ft | $334 | $347 | 44% |
| Built year | 1976 | 1976 | 50% |
| HOA | $721.0 | $625 | 66% |
| Days on market | 73 | 157 | 10% |
Mar 5, 2026
$449,900
$474,900
-5% Price Drop
Initial Listing
Feb 9, 2026
$474,900
Initial Listing
Jun 2, 2022
$475,000
Public Record
Feb 2, 2022
$281,000
Public Record