3072 Regency Drive, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Spacious Single-Level Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $551,172 Fair Market Value by 9%. This valuation gap offers $52,172 in Instant Equity for the incoming buyer. Maintaining a Move-In Ready Condition Rating, the interior features granite countertops, vaulted ceilings, and a versatile den/flex room. Residents enjoy serene lake and pool views from the covered patio within the gated Cathedral Canyon Country Club. This property is an ideal acquisition for Owner-Occupants seeking a low-maintenance lifestyle or Seasonal Residents looking for a high-value desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3072 Regency Drive Subject | $499,000* List Price | 2 | 2 | 2,027 | $272 | - |
A 3060 Kirkwood Drive Sold | $550,900 | 3 | 2 | 2,027 | $272 | 0.1 mi |
B 7562 Regency Drive Sold | $447,000 | 3 | 2 | 1,828 | $245 | 0.2 mi |
C 7571 Calle Mazamitla Sold | $450,000 | 3 | 2 | 1,841 | $244 | 0.3 mi |
D 7601 Calle Mazamitla Sold | $421,000 | 2 | 2 | 1,769 | $238 | 0.3 mi |
E 5645 Los Coyotes Drive 26 Sold | $445,000 | 3 | 3 | 1,564 | $285 | 0.8 mi |
F 3081 Regency Drive Active | $529,000 List Price | 3 | 2 | 1,826 | $290 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant updates including granite countertops, stainless steel appliances, and modern ceramic tile flooring. While the kitchen cabinetry and bathroom tile work reflect the original 1988 construction style, the home has been well-maintained with upgraded window shutters, vaulted ceilings, and updated fixtures throughout.
Boasting over 2,000 square feet, this rare single-level floor plan includes a versatile den/flex room and vaulted ceilings, offering the expansive feel of a detached residence.
The property features high-quality finishes such as granite countertops, updated appliances, and ceramic tile flooring, ensuring a move-in-ready experience for the buyer.
Situated in the desirable South Palm Springs area, the unit offers serene lake and pool views within a secure, professionally maintained gated community.
The association fee of $598 per month is a significant recurring expense that may impact the overall affordability and budget for some purchasers.
Built in 1988, the property may eventually require updates to core systems or infrastructure that are not as energy-efficient as those found in newer developments.
Palm Springs, 2,027-square-foot condominium located in the Cathedral Canyon Country Club in South Palm Springs. This is a single-level condo, with 2 Bedrooms, den/flex room, and 2 Bathrooms. Interior Features: Living room with vaulted ceilings (9ft+), and fireplace. Kitchen: granite countertops, updated appliances, breakfast room with direct access to the covered patio. Primary suite: with vaulted ceiling, walk in closet, shower and soaking tub, dual sink vanity. Upgraded window coverings throughout the home, ceramic tile floors in common areas, carpeted bedrooms and flex room, updated ceiling fans in all rooms. A two car attached garage with direct access and plenty of storage, inside laundry room, patio with pony wall and extended patio cover. This unit is conveniently located near a community pool and spa. The Cathedral Canyon Country Club offers controlled access, professional maintenance grounds, all this with a Palm Springs address!
No exterior & parking available.
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 | 2,027 | 1,404 | 81% |
| Lot Size | - | 871 | 44% |
| Price | $499.0K | $488.0K | 51% |
| Price per sq ft | $246 | $347 | 8% |
| Built year | 1988 | 1976 | 90% |
| HOA | $598.0 | $624 | 42% |
| Days on market | 19 | 156 | 1% |
Apr 3, 2026
$499,000
Initial Listing