268 Running Springs Drive, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
Loading property details...
Palm Desert, California 92211
This Condominium represents a High-Potential Investment Opportunity, listed at $524,900—positioned slightly above the $515,881 Fair Market Value. While not a discount buy, the property offers a rare end-unit layout with direct garage access and panoramic golf course, mountain, and water views. With a Fair Condition Rating, this home provides a stable foundation for buyers to personalize the interior over time. Located in the prestigious The Lakes Country Club, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 268 Running Springs Drive Subject | $524,900* List Price | 2 | 2 | 1,746 | $295 | - |
A 175 Bouquet Canyon Drive Sold | $510,000 | 2 | 2 | 1,661 | $307 | 0.5 mi |
B 75 Laredo Lane Sold | $545,000 | 2 | 2 | 1,725 | $316 | 0.5 mi |
C 220 Green Mountain Drive N Sold | $449,000 | 2 | 2 | 1,746 | $257 | 0.2 mi |
D 241 Bouquet Canyon Drive Sold | $511,000 | 2 | 2 | 1,746 | $293 | 0.4 mi |
E 57 Ponderosa Circle Sold | $415,000 | 2 | 2 | 1,368 | $303 | 0.4 mi |
F 76022 Honeysuckle Drive Sold | $470,000 | 2 | 2 | 1,540 | $305 | 0.8 mi |
G 247 Wild Horse Drive Sold | $575,000 | 1 | 2 | 1,771 | $325 | 0.3 mi |
H 326 Appaloosa Way Sold | $619,000 | 2 | 4 | 1,819 | $340 | 0.3 mi |
I 324 Sundance Circle Active | $469,900 List Price | 2 | 3 | 1,819 | $258 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this 41-year-old property is well-maintained but significantly dated. While the kitchen features newer stainless steel appliances, the cabinetry, tile countertops, and mirrored walls reflect a renovation age likely exceeding 20 years. The listing explicitly mentions 'room to update,' which aligns with the Fair criteria for a functional home needing cosmetic and modernizing repairs.
The property boasts exceptional dual-aspect views of the golf course, mountains, and water, providing a premium desert backdrop from both the front and rear of the home.
As a desirable end-unit, this home features direct garage access—a rare and highly sought-after convenience not typically found in other models within The Lakes Country Club.
Offered furnished and located just a short stroll from the community pool, this residence allows for an immediate transition into a prestigious club lifestyle with world-class amenities.
The monthly HOA fee of $1,557 represents a significant recurring carrying cost that may impact the overall affordability and buyer pool for this price point.
While the home is refreshed, the 1983 construction and description suggest that additional capital investment may be needed to update the interior to contemporary luxury standards.
OPEN HOUSE: This Saturday June 20th, 11-3pm.Welcome to The Lakes Country Club, one of the desert's most sought-after private country club communities. This bright, light, and refreshed end-unit home offers a highly desirable floor plan with direct access to the garage, an uncommon and coveted feature not found in most models.Perfectly positioned in the quiet center of the community, this home captures spectacular panoramic views from both the front and rear of the property, showcasing a stunning combination of golf course, mountain, and water vistas.Offered at an exceptional value, this residence presents a wonderful opportunity for buyers to enjoy immediately while leaving plenty of room to update and personalize to their own taste over time. The home is offered furnished - so you can immediately begin enjoying the desert lifestyle.Residents of The Lakes Country Club enjoy an unparalleled lifestyle with a beautifully remodeled clubhouse, full-service Lifestyle & Wellness Center with Private Spa, 27 holes of championship golf, and one of the friendliest, most active social communities in the Coachella Valley. Plus, you're just a short stroll from your own community pool and spa.Whether you're seeking a full-time residence, seasonal retreat, or investment in an exceptional country club setting, this home delivers views, value, and lifestyle in equal measure.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,746 | 1,548 |
| Lot Size | 2,614 | 2,178 |
| Price | $524.9K | $473.9K |
| Price per sq ft | $301 | $321 |
| Built year | 1983 | 1983 |
| HOA | $1557.0 | $800 |
| Days on market | 32 | 69 |
Jun 20, 2026
$524,900
Initial Listing
May 8, 2007
$445,000
Public Record
Mar 19, 2003
$350,000
Public Record
Dec 10, 1999
$295,000
Public Record
Jul 7, 1999
$270,000
Public Record
Oct 15, 1998
$255,000
Public Record
Mar 13, 1997
$225,000
Public Record
Jan 19, 1995
$225,000
Public Record