
Palm Springs, California 92264
This Renovated South Palm Springs Condominium is a Prime Investment Opportunity, listed at $275,000—positioned well below the $287,490 Fair Market Value by 4%. This valuation gap offers $12,490 in Instant Equity. Boasting a Condition Score of 2, the residence features a high-end kitchen with quartz counters, a brand-new 2025 HVAC system, and panoramic mountain views from dual balconies. Located in the gated Esprit community near Cathedral City High School, it balances modern desert living with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey seasonal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2700 Lawrence Crossley Road 55 Subject | $260,000* List Price | 2 | 2 | 885 | $311 | - |
A 2700 Lawrence Crossley Road 41 Sold | $300,000 | 2 | 2 | 885 | $339 | 0.0 mi |
B 2700 Lawrence Crossley Road 103 Sold | $265,000 | 2 | 2 | 885 | $299 | 0.0 mi |
C 5301 E Waverly Drive 172 Sold | $275,000 | 2 | 2 | 979 | $281 | 0.1 mi |
D 5301 E Waverly Drive 222 Sold | $270,000 | 2 | 2 | 979 | $276 | 0.1 mi |
E 1553 Spyglass Sold | $310,000 | 1 | 2 | 951 | $326 | 0.9 mi |
F 5175 E Waverly Drive F47 Sold | $240,000 | 1 | 2 | 887 | $271 | 0.3 mi |
G 2700 Lawrence Crossley 4 Active | $279,500 List Price | 2 | 2 | 885 | $316 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1986, the unit features a high-end, modern renovation likely completed within the last 5 years, including a contemporary kitchen with shaker cabinets, quartz counters, and stainless appliances. Additionally, it features a brand-new HVAC system (2025) and updated flooring throughout.
The residence features dual private balconies that offer panoramic mountain and poolside views, providing an ideal setting for enjoying the iconic Palm Springs desert landscape.
A brand-new HVAC system installed in 2025 ensures modern energy efficiency and climate control reliability, a significant value-add for desert living.
Situated in a secure, gated community just minutes from downtown Palm Springs, the property offers a perfect balance of quiet residential living and proximity to world-class dining and entertainment.
The property is subject to a monthly land lease fee of $235 in addition to HOA dues, which increases the total monthly carrying costs and may impact some financing options.
Marketed as a 'blank canvas,' the interior likely requires updates and personal touches to modernize the space and maximize its market value.
Embrace the Palm Springs lifestyle in this welcoming second-floor condominium, where mountain and pool views set the stage for easy desert living. Offering two bedrooms, two baths, and two private balconies, the thoughtful layout lives much larger than its 885 square feet. Ideally positioned to avoid harsh afternoon sun, the home is designed for comfort year-round and enhanced by a fantastic A/C system (installed in 2025). Enjoy effortless indoor/outdoor living with spaces perfect for morning coffee, sunset cocktails, or relaxed entertaining under iconic desert skies overlooking one of the beautiful community pools. Everyday convenience is built in with an in-unit stackable washer and dryer, while your private outdoor areas overlook one of the community pools. Located in the quiet, gated Esprit community just minutes from downtown Palm Springs, you'll enjoy shopping, dining, golf, casinos, and world-class entertainment making this either an ideal full-time residence, or seasonal/weekend retreat. With low-maintenance living (HOA $450, land lease $235 through 2078) and major systems already updated, all of the essentials are in place. What an opportunity to bring your vision and personal style to an inviting, well-located home ready to be reimagined into your own Palm Springs retreat.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 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 | 885 | 1,385.5 | 12% |
| Lot Size | - | 816.5 | 46% |
| Price | $260.0K | $488.5K | 8% |
| Price per sq ft | $294 | $358 | 24% |
| Built year | 1986 | 1977 | 88% |
| HOA | $455.0 | $620 | 7% |
| Days on market | 31 | 150 | 1% |
May 29, 2026
$260,000
$275,000
-5% Price Drop
Initial Listing
May 7, 2026
$275,000
Initial Listing