314 Desert Lakes Drive, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

314 Desert Lakes Drive, Palm Springs, California 92264 home-pic-0

314 Desert Lakes Drive

Palm Springs, California 92264

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,923Sq Ft
3,049Lot Size

Property Price

LIST PRICE$899,000

SUMMARY

Analysis of 314 Desert Lakes Drive, Palm Springs, California 92264 is currently available with a list price of $899,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property has been extensively and recently renovated and extended, featuring a redesigned open kitchen, modern tile flooring throughout, and updated living spaces. While originally built in 1968, the high-end finishes, seamless indoor-outdoor flow, and comprehensive updates to the primary suite and den align with the criteria for a fully renovated home meeting current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Architectural Heritage

    Designed by noted architect Richard E. Harrison, this renovated mid-century modern home features a rare extended floor plan that increases living space while maintaining its iconic aesthetic.

  • Premium Community Amenities

    Located in the prestigious Seven Lakes Golf and Country Club, the property offers access to an 18-hole golf course, 15 heated pools, and a private clubhouse designed by William F. Cody.

  • Stunning Mountain Views

    Expansive sliding glass doors provide seamless indoor-outdoor flow and frame breathtaking western mountain views, a highly coveted feature in the Palm Springs market.

CONSRISKS & DEFICIENCIES

  • High Carrying Costs

    The monthly association fee of $1,654 is significantly high, which may deter budget-conscious buyers or impact the property's overall investment yield.

  • Vintage Infrastructure

    Despite modern interior renovations, the 1968 construction date suggests that underlying systems and community infrastructure may require more frequent maintenance compared to newer developments.

About 314 Desert Lakes Drive

Motivated Seller! Welcome to 314 Desert Lakes Drive, an exceptional opportunity to experience iconic mid-century architecture within the prestigious Seven Lakes Golf and Country Club in desirable South Palm Springs. Originally designed by noted architect Richard E. Harrison, this beautifully renovated & EXTENDED two-bedroom + den residence showcases one of the most sought-after floor plans in the community.Recently updated, the home features neutral, modern tile flooring throughout and a thoughtfully redesigned open kitchen that enhances both functionality and flow. The spacious layout has been expanded to include an enlarged primary bedroom suite and an extended den, creating flexible living space ideal for a home office, media room, or guest overflow. Expansive sliding glass doors frame stunning western mountain views and seamlessly connect the interior living spaces with the outdoors, capturing the essence of Palm Springs' celebrated indoor-outdoor lifestyle.Set within the private, low-density community of Seven Lakes Golf and Country Club, residents enjoy an exceptional collection of amenities. The community is centered around an 18-hole golf course designed by renowned architect Ted Robinson and features 15 heated pools and spas throughout the grounds. The iconic clubhouse, designed by celebrated mid-century architect William F. Cody, offers a private restaurant and bar, creating a vibrant social hub for residents and guests alike.Additional community features include a 24-hour guard-gated entrance, electric vehicle charging stations, and the convenience of an on-site HOA office with a dedicated general manager.Offering timeless design, thoughtful renovations, and breathtaking mountain views, 314 Desert Lakes Drive represents a rare opportunity to own a piece of Palm Springs architectural heritage in one of the city's most iconic golf communities.

Property Details

Public Facts

Property Type
Condominium
Year Built
1968
Lot Size
3,049 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1654.0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Cahuilla Elementary School

Grades K-5 • 2.5 mi

4/10

Raymond Cree Middle School

Grades 6-8 • 3.9 mi

4/10

Desert Learning Academy

Grades K-12 • 1.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,9231,325
80%
Lot Size3,0491,166
88%
Price$899.0K$450.0K
88%
Price per sq ft$467$330
86%
Built year19681977
14%
HOA$1654.0$624
93%
Days on market3163
1%

Pricing History

Listed for Sale

Mar 4, 2026

$899,000

Initial Listing

Sold

Mar 25, 2024

$535,500

Public Record

Sold

Mar 25, 2024

$565,000

Public Record

Sold

Sep 18, 2009

$69,000

Public Record

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