470 N Villa Court 107, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This Turnkey Ground-Floor Condo is a Strong Value Opportunity, listed at $165,000—positioned well below the $168,000 Fair Market Value by 2%. This valuation gap offers $3,000 in Instant Equity. The unit maintains a Condition Rating of 3, featuring LVP flooring, Corian countertops, and rare Fee Simple Land Ownership. Residents enjoy a pool, spa, and tennis courts within the Palm Springs Unified district. This is an ideal acquisition for first-time buyers or seasonal investors seeking a low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 470 N Villa Court 107 Subject | $160,000* List Price | 1 | 1 | 589 | $272 | - |
A 420 N Villa Court 103 Sold | $162,000 | 1 | 1 | 589 | $275 | 0.0 mi |
B 510 N Villa 200 Sold | $125,000 | 1 | 1 | 589 | $212 | 0.0 mi |
C 2821 N Los Felices Circle W 114 Sold | $175,000 | 1 | 1 | 589 | $297 | 0.2 mi |
D 2812 N Auburn Court 206 Sold | $150,000 | 1 | 1 | 589 | $255 | 0.3 mi |
E 2825 N Los Felices Road 114 Sold | $197,500 | 1 | 1 | 589 | $335 | 0.2 mi |
F 2825 N Los Felices Road 111 Sold | $175,000 | 1 | 1 | 589 | $297 | 0.2 mi |
G 470 N Villa Court 205 Active Under Contract | $139,000 List Price | 1 | 1 | 589 | $236 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been recently refreshed with modern luxury vinyl plank (LVP) flooring, neutral paint, and Corian countertops in the kitchen. While the building was constructed in 1981, the interior updates provide a contemporary feel with no immediate renovations required, fitting the criteria for a well-maintained, updated unit.
Unlike many properties in Palm Springs that are on Indian Lease Land, this condo is fee simple, meaning you own the land, which simplifies financing and enhances long-term value.
The unit has been recently refreshed with modern luxury vinyl plank (LVP) flooring, neutral paint, and Corian countertops, offering a move-in-ready experience for buyers.
As a ground-floor end unit, the property offers easier access and increased privacy, while its proximity to downtown Palm Springs and the 10 Freeway provides excellent convenience.
The monthly association fee of $550 is relatively high compared to the $168,000 asking price, which may impact the debt-to-income ratio for some buyers and reduce investor cash flow.
At just 589 square feet, the compact living space may be restrictive for full-time residents or those requiring additional storage and room for entertaining.
Welcome to Palm Villas I community! This north facing ground floor condo is an end unit with easy access to parking, pools, tennis court and laundry. It has been refreshed with neutral taupe walls, LVP flooring throughout, corian counter top in kitchen. And you own the lot! No land lease here! The community is well landscaped and meticulously maintained. Location is near Palm Spring Arial Tramway, only a few blocks from N. Palm Canyon Dr. to downtown restaurants and entertainment yet easy access to the 10 Freeway. A great choice for full time residence or a winter getaway. Even a great investment opportunity. Take a look, you won't be disappointed.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.7 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 | 35% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 589 | 1,122.5 | 17% |
| Lot Size | - | 436 | 46% |
| Price | $160.0K | $360.0K | 6% |
| Price per sq ft | $272 | $345 | 18% |
| Built year | 1981 | 1981 | 50% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 71 | 182 | 9% |
Apr 14, 2026
$160,000
$162,500
-2% Price Drop
Initial Listing
Apr 4, 2026
$162,500
$165,000
-2% Price Drop
Initial Listing
Mar 14, 2026
$165,000
$168,000
-2% Price Drop
Initial Listing
Feb 11, 2026
$168,000
Initial Listing
Nov 17, 2021
$168,000
Public Record
Aug 16, 2017
$79,000
Public Record
Apr 10, 2013
$55,000
Public Record
Jun 30, 2000
$28,000
Public Record