
Palm Springs, California 92262
This Turnkey Condominium represents a Strong Value Opportunity, listed at $189,000—positioned well below the $199,967 Fair Market Value by 5%. This valuation gap offers $10,967 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit includes a Granite Kitchen, newer HVAC, and a private patio with Pool and Greenbelt views. Located in the Palm Springs Unified district, this property is an ideal sanctuary for Buy-and-Hold Investors or first-time buyers seeking a move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2860 N Los Felices 210 Subject | $189,000* List Price | 1 | 1 | 589 | $340 | - |
A 2857 N Los Felices Road 210 Sold | $225,000 | 1 | 1 | 589 | $382 | 0.1 mi |
B 2857 N Los Felices Road 203 Sold | $225,000 | 1 | 1 | 589 | $382 | 0.1 mi |
C 2857 N Los Felices Road 115 Sold | $214,500 | 1 | 1 | 589 | $364 | 0.1 mi |
D 2825 N Los Felices Road 114 Sold | $197,500 | 1 | 1 | 589 | $335 | 0.1 mi |
E 420 N Villa Court 202 Sold | $190,000 | 1 | 1 | 589 | $323 | 0.2 mi |
F 2825 N Los Felices Road 211 Sold | $195,000 | 1 | 1 | 589 | $331 | 0.1 mi |
G 2860 N Los Felices Road 214 Active | $179,000 List Price | 1 | 1 | 589 | $304 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in turnkey condition with significant recent renovations (under 5 years), including a newer HVAC system installed approximately 2 years ago, an updated kitchen with granite countertops, newer custom cabinetry, and stainless steel appliances.
The property is move-in ready with significant modern updates, including granite countertops, newer custom kitchen cabinets, fresh paint, and custom shutters, offering immediate value to the buyer.
A newer air conditioning system, approximately two years old, provides critical reliability and energy efficiency for the desert climate, representing a major capital improvement already completed.
Perfectly situated overlooking the community pool and greenbelt, the unit offers desirable views and a seamless indoor-outdoor flow to a private patio, capturing the quintessential Palm Springs lifestyle.
The association fee of $550 per month is relatively high for a one-bedroom unit of this size, which may impact the overall affordability and debt-to-income ratios for potential buyers.
At just 589 square feet, the compact living space may be restrictive for full-time residents or those requiring additional storage and room for guests.
Turnkey, updated, and perfectly positioned overlooking the sparkling swimming pool in the desirable Palm Springs Villas I community — this condo is move-in ready and ideal as a full-time residence, or snowbird escape. Step inside to a bright, inviting interior featuring fresh paint, granite countertops, and newer custom kitchen cabinets that elevate both style and function. The living area is enhanced by custom shutters on the windows and patio door, offering privacy, energy efficiency, and a clean, modern look. A newer air conditioner (approx. 2 years old) ensures year-round comfort — a major upgrade in the desert climate. The layout flows easily to the private patio, creating a seamless indoor-outdoor experience that Palm Springs living is known for. Palm Springs Villas I offers beautifully maintained grounds, pools, spas, tennis courts, and convenient access to downtown, shopping, dining, and the iconic Palm Springs lifestyle. A true turnkey opportunity with meaningful upgrades already done.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.8 mi
Grades K-5 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 589 | 1,131 | 20% |
| Lot Size | - | 436 | 45% |
| Price | $189.0K | $360.0K | 14% |
| Price per sq ft | $321 | $345 | 38% |
| Built year | 1981 | 1981 | 50% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 25 | 159 | 1% |
May 12, 2026
$189,000
Initial Listing
Aug 25, 2017
$95,500
Public Record
Feb 9, 2015
$65,000
Public Record
May 8, 2003
$61,500
Public Record