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

497 Desert Lakes Circle, Palm Springs, California 92264 home-pic-0

497 Desert Lakes Circle

Palm Springs, California 92264

ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
3Baths
2,276Sq Ft
3,049Lot Size

Property Price

LIST PRICE$635,000

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

Good
TeardownExcellent

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

4/10

Raymond Cree Middle School

Grades 6-8 • 3.6 mi

4/10

Desert Learning Academy

Grades K-12 • 1.4 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths3.02.0
79%
Square foot2,2761,325
88%
Lot Size3,0491,166
88%
Price$635.0K$450.0K
75%
Price per sq ft$279$328
20%
Built year19721977
25%
HOA$1654.0$624
93%
Days on market50163
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

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