
Palm Springs, California 92264
This Mid-Century Modern residence at Seven Lakes Country Club represents a High-Potential Investment Opportunity, listed at $595,000—positioned slightly above the $574,610 Fair Market Value. While requiring modernization, the property features a Fair Condition Rating and offers significant upside through cosmetic renovation. With 2,452 sqft, panoramic mountain views, and resort-style amenities, this home provides the scale of a luxury estate. It is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to restore a classic architectural masterpiece in a premier Palm Springs community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 Desert Lakes Drive Subject | $549,000* List Price | 3 | 3 | 2,452 | $243 | - |
A 403 Desert Lakes Drive Sold | $579,000 | 3 | 3 | 2,174 | $266 | 0.1 mi |
B 493 Desert Lakes Drive Sold | $470,000 | 3 | 3 | 2,452 | $192 | 0.1 mi |
C 489 Desert Lakes Drive Sold | $439,000 | 1 | 2 | 1,596 | $275 | 0.0 mi |
D 497 Desert Lakes Circle Active | $615,000 List Price | 2 | 3 | 2,276 | $270 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property shows signs of a renovation that is likely 20+ years old. While functional and well-maintained, the kitchen features dated raised-panel cabinetry and tile countertops, and the bathrooms utilize older square tile and fixtures. The presence of popcorn ceilings and older flooring styles indicates the home needs cosmetic updates to meet modern standards, fitting the 'Fair' criteria for dated properties requiring minor repairs or modernization.
Designed by renowned architect Richard Harrison, this residence epitomizes Mid-Century Modern luxury with soaring ceilings, walls of glass, and a seamless indoor-outdoor flow characteristic of iconic Palm Springs design.
The property's elevated upper-level position offers breathtaking, unobstructed views of the San Jacinto and Chocolate Mountains, providing a premier visual experience overlooking lush greenbelts and resort-style pools.
With 2,452 square feet of living space, including three oversized ensuite bedrooms and a den, this condominium offers the proportions and privacy of a detached luxury home.
The monthly association fee of $1,654 is significantly high, which may deter buyers sensitive to ongoing fixed costs despite the extensive community amenities.
The property is positioned as a 'masterpiece' opportunity, implying that the 1972 interiors likely require a substantial capital investment to update finishes and systems to contemporary luxury standards.
Perched above one of the most desirable locations in Seven Lakes Country Club, this expansive upper-level residence captures breathtaking panoramic views stretching from the iconic San Jacinto Mountains to the Chocolate Mountains beyond. With soaring ceilings, walls of glass, and extraordinary room proportions, this home embodies the timeless principles of Mid-Century Modern architecture where indoor and outdoor living blend seamlessly into the surrounding landscape.Offering three oversized ensuite bedrooms plus a den, this residence lives more like a private luxury home than a condominium. Each bedroom feels like a primary suite with generous bathrooms, abundant closet space, and exceptional storage throughout. A semi-private staircase leads to the front entry while a private rear stairway provides direct access to the expansive enclosed patio spanning nearly the entire length of the home with sliding glass doors connecting all three bedroom suites to the outdoor space.The spectacular front terrace serves as a front-row seat to postcard-worthy views of Mt. San Jacinto overlooking lush greenbelts and one of the largest and most beautiful resort-style pools in Seven Lakes. Elevated above the landscape, the home enjoys remarkable privacy while preserving the stunning mountain vistas that define Palm Springs living.The spacious living room features a fireplace, dramatic ceiling heights, and an abundance of natural light. Whether enjoyed in its current condition or transformed into a custom Mid-Century showpiece, the possibilities are endless. The combination of architectural character, exceptional square footage, and irreplaceable views creates a rare opportunity within one of Palm Springs' most celebrated communities.Additional features include an oversized two-car garage, extensive storage, and a prime location just steps from the pool and spa.Designed by renowned architect Richard Harrison, Seven Lakes Country Club offers a celebrated lifestyle featuring championship golf, tennis, pickleball, clubhouse amenities, guard-gated security, and some of the most iconic Mid-Century architecture in Palm Springs.Properties offering this combination of size, privacy, architectural pedigree, and spectacular mountain views rarely become available. An extraordinary opportunity to create your own Palm Springs masterpiece.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades 6-8 • 3.6 mi
Grades K-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,452 | 1,199 |
| Lot Size | - | 1,742 |
| Price | $549.0K | $445.8K |
| Price per sq ft | $224 | $351 |
| Built year | 1972 | 1980 |
| HOA | $1654.0 | $587 |
| Days on market | 48 | 67 |
Jul 15, 2026
$549,000
$595,000
-8% Price Drop
Initial Listing
Jun 4, 2026
$595,000
Initial Listing
Feb 16, 2021
$422,000
Public Record
Oct 2, 2009
$61,000
Public Record