
Palm Springs, California 92262
This Modern Desert Retreat is a Prime Investment Opportunity listed at $195,000—positioned well below the $199,051 Fair Market Value by 2%. This valuation gap offers $4,051 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a remodeled kitchen, new 2025 A/C, and San Jacinto mountain views. Located on rare Fee Land within the Palm Springs Unified district near Katherine Finchy Elementary, the community provides resort-style pools and tennis courts. This turnkey sanctuary is ideal for seasonal getaway seekers or second-home buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2825 N Los Felices Road 211 Subject | $195,000* List Price | 1 | 1 | 589 | $338 | - |
A 2825 N Los Felices Road 114 Sold | $197,500 | 1 | 1 | 589 | $335 | 0.0 mi |
B 2821 N Los Felices Circle 107 Sold | $178,750 | 1 | 1 | 589 | $303 | 0.1 mi |
C 2857 N Los Felices Road 115 Sold | $214,500 | 1 | 1 | 589 | $364 | 0.1 mi |
D 2820 N Arcadia Court 202 Sold | $190,000 | 1 | 1 | 589 | $323 | 0.3 mi |
E 2821 N Los Felices Circle 104 Sold | $205,000 | 1 | 1 | 589 | $348 | 0.1 mi |
F 2825 N Los Felices Road 111 Sold | $175,000 | 1 | 1 | 589 | $297 | 0.0 mi |
G 2809 N Los Felices Circle E 212 Active | $235,000 List Price | 1 | 1 | 589 | $399 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, featuring a fully remodeled kitchen with stainless steel appliances and soft-close cabinetry, a modernized bathroom with contemporary subway tiling, and updated flooring throughout. Additionally, the installation of a brand-new A/C system in 2025 ensures all major components meet current quality standards with no deferred maintenance.
The property features significant high-value upgrades, including a brand-new A/C system installed in 2025 and a fully remodeled bathroom with contemporary subway tiling, ensuring immediate move-in readiness.
Situated on Fee Land rather than a land lease, this property offers a major financial advantage in the Palm Springs market, providing the owner with full land ownership and typically easier financing terms.
Located minutes from Downtown Palm Springs and outdoor attractions like the Aerial Tramway, the community offers a resort-like lifestyle with multiple pools, spas, tennis courts, and stunning mountain views.
The property was recently sold within the past year on 2025-08-22. The sold price is $180,000.00.
At just 589 square feet, the compact footprint may be a constraint for buyers seeking a more spacious primary residence or those requiring additional storage and living areas.
The $550 monthly association fee represents a significant recurring expense relative to the property's price point, which may impact the overall debt-to-income ratio for potential buyers.
Modern Retreat. They say good things come in small packages, and this stylishly updated second-floor condo is the proof. Offering modern comfort in a perfectly scaled footprint, the interior features a custom floating media cabinet, sleek stainless appliances, and soft-close cabinetry that keeps the vibe fresh and organized. Significant upgrades provide total peace of mind, including a brand-new A/C system installed in the summer of 2025 and a remodeled bathroom complete with a classic black & white subway tiled shower and integrated niche shelf. The community feels like a desert sanctuary, where you can spend your days enjoying the sparkling pools, relaxing spas, and tennis courts set against a backdrop of mature landscaping and beautiful San Jacinto mountain views. For the outdoor enthusiasts, you are perfectly positioned near the CV Link, the Aerial Tramway, and world-class hiking trails, all while staying just minutes from the energy of Downtown Palm Springs. This home comes partially furnished and sits on Fee Land, making it easy for full-time living, a weekend escape or a savvy investment opportunity.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.7 mi
Grades K-5 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 589 | 1,131 | 17% |
| Lot Size | - | 436 | 45% |
| Price | $195.0K | $360.0K | 13% |
| Price per sq ft | $331 | $345 | 41% |
| Built year | 1981 | 1981 | 50% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 12 | 185 | 1% |
Apr 10, 2026
$195,000
Initial Listing
Aug 22, 2025
$180,000
Public Record