500 E Amado Road 121, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 2 bath
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Palm Springs, California 92262
This Iconic Desert Modernist Condominium is listed at $325,000, representing a stable market entry aligned with its $316,252 Fair Market Value. Maintaining a Condition Rating of 3, the turnkey interior features vaulted ceilings, clerestory windows, and a private patio with mountain views. Located near Top-Rated Katherine Finchy Elementary, the property benefits from the Deauville’s resort amenities and a rare 14-day minimum rental policy, driving consistent vacation rental demand. This move-in-ready residence is a premier choice for Second-Home Buyers or Vacation Rental Investors seeking a sophisticated Palm Springs retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 E Amado Road 121 Subject | $325,000* List Price | 1 | 2 | 736 | $430 | - |
A 500 E Amado Road 423 Sold | $335,000 | 1 | 2 | 736 | $455 | 0.0 mi |
B 500 E Amado Road 416 Sold | $330,000 | 1 | 2 | 736 | $448 | 0.0 mi |
C 500 E Amado Road 420 Sold | $292,000 | 1 | 2 | 736 | $397 | 0.0 mi |
D 291 E Mel Avenue 362 Sold | $370,000 | 2 | 2 | 902 | $410 | 0.9 mi |
E 467 S Calle El Segundo D24 Sold | $275,000 | 1 | 1 | 568 | $484 | 0.8 mi |
F 500 E Amado Road 702 Sold | $289,900 | 1 | 2 | 736 | $394 | 0.1 mi |
G 500 E Amado Road 215 Active | $325,000 List Price | 1 | 2 | 736 | $442 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring updated stainless steel kitchen appliances and modern light fixtures in the living area. While the kitchen retains some dated elements characteristic of its 1985 build date—such as white tile countertops and a fluorescent light box—the overall interior is clean, turnkey, and shows minimal wear and tear.
Located just blocks from Palm Canyon Drive with a 14-day minimum rental policy and proximity to the future Dream Hotel, this property is perfectly positioned for high vacation rental demand and long-term appreciation.
Designed by celebrated architect Hugh Kaptur, the upper-level unit features vaulted ceilings and clerestory windows that provide an airy, light-filled atmosphere characteristic of iconic Palm Springs modernism.
The gated Deauville community offers a robust amenity package including three pools and spas, tennis courts, a fitness center, and rare underground parking for up to three cars.
The association fee of $570 per month is a significant recurring expense for a one-bedroom unit, which may impact the overall net return for investment-focused buyers.
At 736 square feet, the interior footprint is relatively small, which could be a limiting factor for full-time residents or those seeking more spacious accommodations.
Looking for the perfect desert escape and an investment opportunity? Turnkey furnished and ready to enjoy, 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. Whether you are looking to invest, escape, or both, this Palm Springs home is a delight on all fronts.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades K-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 736 | 1,131 | 24% |
| Lot Size | 871 | 564 | 58% |
| Price | $325.0K | $360.0K | 44% |
| Price per sq ft | $442 | $345 | 79% |
| Built year | 1985 | 1981 | 70% |
| HOA | $570.0 | $550 | 57% |
| Days on market | 15 | 185 | 1% |
Apr 7, 2026
$325,000
Initial Listing