2700 E Mesquite Avenue E26, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Strong Value Opportunity is a Short-Term Rental-friendly Condominium listed at $325,000—positioned well below the $347,252 Fair Market Value by 6%. This valuation gap offers $22,252 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant upside through cosmetic updates to its original finishes. With Panoramic Mountain Views, access to 16 pools, and Fee Land ownership, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2700 E Mesquite Avenue E26 Subject | $325,000* List Price | 2 | 2 | 1,175 | $296 | - |
A 2700 E Mesquite Avenue E29 Sold | $295,000 | 2 | 2 | 1,175 | $251 | 0.0 mi |
B 2001 E Camino Parocela L84 Sold | $345,000 | 2 | 2 | 1,175 | $294 | 0.7 mi |
C 2701 E Mesquite Avenue L54 Sold | $369,000 | 2 | 2 | 1,175 | $314 | 0.2 mi |
D 505 S Farrell Drive S115 Sold | $285,000 | 1 | 1 | 797 | $358 | 0.3 mi |
E 2345 S Cherokee Way 105 Sold | $409,000 | 3 | 2 | 1,374 | $298 | 1.0 mi |
F 500 S Farrell Drive J64 Active | $325,000 List Price | 2 | 2 | 1,175 | $277 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is functional but dated. While the wood ceilings and tile floors are well-maintained, the kitchen cabinetry and wet bar appear to be original or older renovations (>20 years), requiring cosmetic updates to meet modern standards.
The property boasts panoramic San Jacinto Mountain views and overlooks the 110-acre Prescott Preserve, providing a permanent, protected natural backdrop and a sense of openness.
Located on Fee Land (you own the land) with a short-term rental-friendly 7-day minimum policy, this unit offers significant financial flexibility and investment potential compared to lease-land alternatives.
Residents have access to an extensive array of community features, including 16 pools, 18 spas, and tennis/pickleball courts, all within a gated community at a competitive price point.
Built in 1984, the residence may require capital improvements or updates to its original systems and finishes to meet modern energy efficiency and aesthetic expectations.
The assigned elementary and middle schools carry lower ratings (4/10), which may limit the property's appeal to families prioritizing high-performing educational districts.
Panoramic San Jacinto Mountain views! Palm Springs pied--terre at Mesquite Country Club. Offered furnished. Tucked behind the gates at the highly desirable south end of the community and accessed via the Mesquite Avenue entrance in Phase 5, this Short Term Rental-friendly residence (7-day minimum) is designed for the desert good life. The living and dining areas enjoy great flow with sweeping mountain views to the west, beautifully complemented by the wide-open backdrop of the Prescott Preserve. Vaulted ceilings crown the dining area where a wet bar with recessed lighting is ready for entertaining. Handsome wood ceilings and tile flooring carry through much of the home. The kitchen enjoys mountain views as well, while the bedroom layout offers excellent separation. The primary suite opens to a private balcony, and the guest bedroom features its own secluded outdoor retreat. Fee Land. You own the land. Low HOA fees add to the appeal. Mesquite Country Club delivers a resort-style lifestyle with 16 pools, 18 spas, tennis and pickleball courts, and an exceptional sense of openness created by the adjacent 110-acre Prescott Preserve, officially established in 2025 and protected by The Oswit Trust. All just minutes from downtown Palm Springs and its celebrated dining, shopping, and cultural attractions.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 2.7 mi
Grades K-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,175 | 1,199 |
| Lot Size | 1,306 | 1,742 |
| Price | $325.0K | $445.8K |
| Price per sq ft | $277 | $351 |
| Built year | 1984 | 1980 |
| HOA | $507.0 | $587 |
| Days on market | 14 | 67 |
Jul 9, 2026
$325,000
Initial Listing
Mar 31, 1998
$123,500
Public Record