261 E La Verne Way B, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Architecturally Significant Turnkey Condo is a Strong Value Opportunity, listed at $435,000—positioned well below the $466,032 Fair Market Value by 6%. This valuation gap provides $31,032 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the residence features a high-end quartz kitchen, ceramic wood plank flooring, and a William F. Cody design on coveted Fee Simple land. Located near Palm Springs High School, this home offers a private sanctuary with resort amenities and mountain views. It is an ideal acquisition for Design Enthusiasts or Seasonal Residents seeking a sophisticated desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 261 E La Verne Way B Subject | $435,000* List Price | 2 | 2 | 1,345 | $346 | - |
A 255 E Avenida Granada 312 Sold | $435,000 | 2 | 2 | 1,198 | $363 | 0.4 mi |
B 1150 E Palm Canyon Drive 54 Sold | $499,900 | 2 | 2 | 1,240 | $403 | 0.9 mi |
C 1470 S Camino Real Sold | $320,000 | 2 | 2 | 1,163 | $275 | 0.8 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 255 E Avenida Granada 915 Sold | $550,000 | 2 | 2 | 1,517 | $363 | 0.5 mi |
G 261 E La Verne Way N Active | $474,900 List Price | 2 | 2 | 1,345 | $353 | 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 a comprehensive high-end renovation within the last 5 years. The kitchen is fully modernized with quartz counters and recent stainless appliances, both bathrooms have been updated with walk-in showers, and the HVAC and water heater are relatively new. The interior features contemporary ceramic wood plank tile flooring and is in mint, move-in ready condition.
Designed by renowned architect William F. Cody and situated on Fee Simple land, this property offers rare historical value and full land ownership, which is a significant advantage in the Palm Springs market.
The residence is fully move-in ready with premium upgrades, including a remodeled quartz kitchen, updated walk-in showers, ceramic wood plank tile flooring, and newer HVAC and water heater systems.
Located in a low-density community in the desirable South End, this unit is positioned toward the back of the complex, offering a quiet, private setting with easy access to resort-style amenities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly HOA fee of $721 is relatively high for this price point, which may impact the overall affordability and monthly carrying costs for potential buyers.
As a downstairs unit, the property may be subject to potential noise transfer from the residence above, which could detract from the quiet atmosphere of the home.
A rare opportunity to own a William F. Cody designed residence in South Palm Springs.2 bed | 2 bath | 1,345 SF | Built 1976 | Assigned Carport. Not just move-in ready--this residence is finished! Thoughtfully updated throughout, featuring ceramic wood plank tile flooring, a beautifully remodeled kitchen with quartz counters, high-end cabinetry, and recent appliances - refrigerator, electric range, microwave, dishwasher, wine refrigerator. Both bathrooms have been updated with walk-in showers, and the HVAC and water heater are relative new. Ideally positioned toward the back of the community, this downstairs unit offers a quiet and private setting. The well-proportioned floor plan lives comfortably, with large windows and sliders to the patio, custom window coverings, and premium updates that elevate the home while respecting its architectural roots.Located on fee simple land, you own the land -- an increasingly valuable distinction in Palm Springs. Casa Canyon residents enjoy access to a pool, spa, clubhouse, and mature landscaping, all within a low-density South Palm Springs setting known for its peaceful character and strong sense of place. Perfect for full time or seasonal residency just lock and leave -- make this architecturally significant condo your own private Palm Springs!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 3.6 mi
Grades K-12 • 2.1 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 | 1,385.5 | 48% |
| Lot Size | - | 816.5 | 46% |
| Price | $435.0K | $488.5K | 40% |
| Price per sq ft | $323 | $358 | 37% |
| Built year | 1976 | 1977 | 50% |
| HOA | $721.0 | $620 | 67% |
| Days on market | 37 | 150 | 1% |
May 1, 2026
$435,000
Initial Listing
Nov 25, 2014
$225,000
Public Record
Jan 31, 2014
$113,000
Public Record
Sep 17, 2004
$245,500
Public Record
Sep 29, 1993
$85,000
Public Record