497 Desert Lakes Circle, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 3 bath

497 Desert Lakes Circle
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 497 Desert Lakes Circle, Palm Springs, California 92264 is currently available with a list price of $635,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Property is move-in ready.
This property, built in 1972, has undergone a thoughtful and extensive remodel, particularly evident in the kitchen which features modern dual-tone cabinetry, quartz countertops, and new stainless steel appliances. The living areas boast updated tile flooring, recessed lighting, and a contemporary fireplace. While the bathrooms are clean, functional, and well-maintained with updated fixtures and countertops, their overall style is not as cutting-edge modern as the kitchen, preventing an 'Excellent' rating. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria, despite the underlying structure's age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Community
Situated in the prestigious, 24-hour guard-gated Seven Lakes Golf and Country Club, offering an exclusive, resort-style living experience with a strong sense of community.
- Panoramic Golf Course Views
Boasts sweeping, linear double-fairway golf course views from expansive floor-to-ceiling glass walls and private terraces, enhancing its appeal and value.
- Architecturally Significant & Remodeled
An architecturally significant home originally designed by Richard Harrison, thoughtfully remodeled with modern updates, blending classic mid-century charm with contemporary finishes, making it move-in ready.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 1960.
- High Monthly Association Fee
The significant monthly association fee of $1,654 represents a considerable ongoing cost that potential buyers must factor into their budget.
- Age of Property
Built in 1972, the property's underlying structure is over 50 years old, which, despite remodeling, may raise concerns about original infrastructure not explicitly detailed as updated.
About 497 Desert Lakes Circle
Expansive Double-Fairway Living at Seven Lakes Golf and Country Club!Enjoy sweeping, linear views this downstairs, corner 2-bedroom, 3-bath residence featuring a rare and highly desirable floor plan. Thoughtfully remodeled by a respected local designer, the home blends classic mid-century architecture with refined modern updates. Spanning approximately 2,276 sq ft, the home offers generous room sizes, high ceilings, and walls of floor-to-ceiling glass that frame expansive panoramic golf course views. The large living room is anchored by a custom fireplace, creating a warm focal point for entertaining or relaxing, while seamlessly connecting to the surrounding outdoor spaces.The home features three private outdoor areas, including a large, walled private courtyard ideal for al fresco dining or lounging, plus two private terraces overlooking the fairway, perfect for morning coffee or sunset gatherings.The remodeled kitchen showcases dual-tone cabinetry, stainless steel appliances, and wraparound quartz countertops, flowing into an expansive dining area designed for hosting with ease. Additional highlights include a private one-car garage, excellent separation of spaces, and abundant natural light throughout.Originally designed by noted architect Richard Harrison, this exceptional residence is just steps from the community's largest swimming pool and spa, as well as the pickleball and tennis courts, offering true resort-style living.Seven Lakes is a low-density, social, 24-hour guard-gated community renowned for its amenities, including 15 seasonally heated pools and spas, pickleball and tennis court, electric car charging stations, and a striking clubhouse designed by William Cody with soaring ceilings, a private restaurant and bar, and a superb chef. Golf enthusiasts will appreciate the Ted Robinson-designed course--by Ted Robinson--famously associated with Dwight D. Eisenhower's hole-in-one.A rare opportunity to own a move-in-ready, architecturally significant home with a fireplace-centered living room, expansive views, and exceptional indoor-outdoor living in one of Palm Springs' most iconic communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 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 • 1.9 mi
Raymond Cree Middle School
Grades 6-8 • 3.6 mi
Desert Learning Academy
Grades K-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 2,276 | 1,325 | 88% |
| Lot Size | 3,049 | 1,166 | 88% |
| Price | $635.0K | $450.0K | 75% |
| Price per sq ft | $279 | $328 | 20% |
| Built year | 1972 | 1977 | 25% |
| HOA | $1654.0 | $624 | 93% |
| Days on market | 50 | 163 | 6% |
Pricing History
Listed for Sale
Jan 16, 2026
$635,000
Initial Listing
Sold
Mar 15, 2016
$244,000
Public Record
Sold
Oct 7, 2009
$65,500
Public Record


































