500 E Amado Road 121, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 2 bath

500 E Amado Road 121
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 500 E Amado Road 121, Palm Springs, California 92262 is currently available with a list price of $325,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1985, this property is well-maintained and functional but retains many original or older features. The kitchen contains dated white appliances and cabinetry, and while the unit is clean and 'virtually staged' to look modern, it has not undergone a full recent renovation. It fits the 'fair' criteria as a 39-year-old home that is aged but maintained through regular upkeep.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Pedigree
Designed by celebrated desert architect Hugh Kaptur, the unit features vaulted ceilings and clerestory windows that maximize natural light and create a sophisticated, airy aesthetic.
- High Investment Potential
The property allows for 14-day minimum rentals and is positioned near the future Dream Hotel development, offering excellent short-term rental prospects and long-term capital appreciation.
- Resort-Style Amenities
The Deauville community provides premium facilities including three pools, tennis courts, a fitness center, and rare underground parking for up to three cars, enhancing the vacation lifestyle.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 736 square feet of interior space, the floor plan is relatively compact, which may be a constraint for full-time residents or those desiring a more spacious primary residence.
- Potential for Modernization
Built in 1985 and currently virtually staged, the unit may require additional capital investment for cosmetic updates to compete with newer or fully renovated luxury condos in the area.
About 500 E Amado Road 121
Looking for the perfect desert escape and an investment opportunity? Welcome to Palm Springs Deauville, just blocks from the buzz of Palm Canyon Drive. Designed by celebrated desert architect Hugh Kaptur, this upper-level condo features vaulted ceilings, clerestory windows, an open-concept layout, and abundant natural light. Both the main living area and the ensuite bedroom open to a private patio with pleasant views and a quiet location away from road noise. This one-bedroom, two-bath home is ideal for part-time residents or vacation rental investors, with gated security, a dedicated storage closet, and an additional large underground storage unit. Resort-style amenities include three sparkling pools and spas, tennis courts, a fitness center, clubhouse, and underground parking for up to three cars with extra storage and bike space, plus the convenience of an in-unit washer and dryer. Palm Springs Deauville allows 14-day minimum rentals, and the future high-end Dream Hotel and Condos across the street promises even greater long-term value. Home is vacant and virtually staged. Whether you're looking to invest, escape, or both, this Palm Springs home is a delight on all fronts.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $155.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 0.7 mi
Raymond Cree Middle School
Grades 6-8 • 1.2 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 | 1.0 | 2.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 736 | 1,051 | 31% |
| Lot Size | 871 | 576.5 | 61% |
| Price | $325.0K | $330.0K | 48% |
| Price per sq ft | $442 | $344 | 80% |
| Built year | 1985 | 1982 | 66% |
| HOA | $155.0 | $532 | 1% |
| Days on market | 157 | 174 | 40% |
Pricing History
Listed for Sale
Mar 4, 2026
$325,000
$335,000
-3% Price Drop
Initial Listing
Price Change
Nov 27, 2025
$335,000
$345,000
-3% Price Drop
Initial Listing
Price Change
Oct 2, 2025
$345,000
Initial Listing





























