314 Desert Lakes Drive, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Renovated Mid-Century Modern Villa is a Prime Investment Opportunity, listed at $899,000—positioned well below the $946,265 Fair Market Value by 4%. This valuation gap offers $47,265 in Instant Equity for buyers. Featuring an Excellent Condition Rating, the residence showcases an extended floor plan, designer kitchen, and panoramic mountain views within the prestigious Seven Lakes Golf and Country Club. Near Palm Springs High School, this turnkey home is perfect for design-conscious professionals or luxury seasonal homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 314 Desert Lakes Drive Subject | $899,000* List Price | 2 | 2 | 1,923 | $492 | - |
A 146 Eastlake Drive Sold | $1,150,000 | 2 | 2 | 2,080 | $553 | 0.1 mi |
B 276 Desert Lakes Drive Sold | $899,000 | 2 | 2 | 1,965 | $458 | 0.1 mi |
C 109 Westlake Circle Sold | $865,000 | 2 | 2 | 1,620 | $534 | 0.4 mi |
D 87 Westlake Circle Sold | $825,000 | 3 | 2 | 1,965 | $420 | 0.4 mi |
E 4891 N Winners Circle D Sold | $636,000 | 3 | 2 | 1,348 | $472 | 0.2 mi |
F 318 Desert Lakes Drive Active | $899,000 List Price | 2 | 2 | 1,522 | $591 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
Expansive sliding glass doors provide seamless indoor-outdoor flow and frame breathtaking western mountain views, a highly coveted feature in the Palm Springs market.
The monthly association fee of $1,654 is significantly high, which may deter budget-conscious buyers or impact the property's overall investment yield.
Despite modern interior renovations, the 1968 construction date suggests that underlying systems and community infrastructure may require more frequent maintenance compared to newer developments.
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.
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades 6-8 • 3.9 mi
Grades K-12 • 1.8 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 | 1,923 | 1,404 | 77% |
| Lot Size | 3,049 | 871 | 89% |
| Price | $899.0K | $488.0K | 87% |
| Price per sq ft | $467 | $348 | 83% |
| Built year | 1968 | 1976 | 17% |
| HOA | $1654.0 | $625 | 93% |
| Days on market | 49 | 156 | 4% |
Mar 4, 2026
$899,000
Initial Listing
Mar 25, 2024
$535,500
Public Record
Mar 25, 2024
$565,000
Public Record
Sep 18, 2009
$69,000
Public Record