RealKey
‪(213) 433-7766‬

500 E Amado Road 205, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 2 bath

500 E Amado Road 205, Palm Springs, California 92262 home-pic-0
ACTIVE$318,000
500 E Amado Road 205, Palm Springs, California 92262
1Bed
2Baths
736Sqft
Lot
Year Built
1985
Close
-
List price
$318K
Original List price
$338K
Price/Sqft
$432
HOA
$515
Days on market
-
Sold On
-
MLS number
219127780PS
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $318.0K(45th), sqft - 736(30th), beds - 1(38th), baths - 2(50th).

Seller will cover your first 3 months of HOA dues--consider it a head start on the good life!Over $90K in upgrades were completed in 2021 and 2022, making this stylish ground-level (no stairs!) condo at the Deauville move-in ready and full of flair. Just steps from Agua Caliente Casino, downtown dining, shopping, and headline events, it's your perfect Palm Springs home base--or high-style escape.Inside, you'll find polished concrete floors, fresh paint, sleek kitchen and bath updates, and in-unit laundry (so you don't have to fold your luck at the laundromat). The front patio is perfect for sipping your morning brew or a post-jackpot cocktail.Offered fully furnished per inventory, this one-bedroom, 2 bath retreat sits in a resort-style gated community with three sparkling pools, tennis courts, a fitness center, and underground parking. And with a 14-day minimum rental policy, it's a smart pick for seasonal use or cash generating income potential.Whether you're here to unwind or place your bets on a smart investment, this Deauville gem is ready to deal you in.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.2mi
4/10
Desert Learning Academy
Public,•K-12•1.3mi
6/10
Palm Springs High School
Public,•9-12•1.4mi
Condition Rating
Excellent
Despite being built in 1985, this condo underwent extensive renovations totaling over $90,000 in 2021 and 2022. The upgrades include 'sleek kitchen and bath updates,' 'polished concrete floors,' and 'fresh paint,' making it move-in ready and modern. This level of recent, comprehensive renovation, especially in critical areas like the kitchen and bathrooms, aligns perfectly with the 'Excellent' criteria for properties extensively renovated within the last 5 years, ensuring components are new or virtually new and meet current quality standards.
Pros & Cons

Pros

Extensive Recent Upgrades: Over $90,000 in upgrades completed in 2021 and 2022, including polished concrete floors, fresh paint, and sleek kitchen/bath updates, making the condo move-in ready and modern.
Prime Downtown Location: Strategically located just steps from Agua Caliente Casino, downtown dining, shopping, and headline events, offering exceptional walkability and access to Palm Springs attractions.
Resort-Style Community Amenities: Part of a gated community featuring three sparkling pools, tennis courts, a fitness center, and underground parking, providing a luxurious and convenient lifestyle.
Strong Income Potential: A 14-day minimum rental policy allows for flexible seasonal use or significant cash-generating income, appealing to investors or those seeking a part-time residence.
Fully Furnished & Ground-Level: Offered fully furnished per inventory for immediate occupancy and situated on the ground floor with no stairs, enhancing convenience and accessibility.

Cons

Compact Living Space: At 736 sqft, the property offers limited living space, which may not suit buyers seeking larger accommodations or those with families.
High Monthly HOA Dues: The $515 monthly association fee, while covering extensive amenities, represents a significant ongoing cost that could impact affordability and long-term investment returns.
Single Bedroom Layout: As a one-bedroom unit, its appeal is primarily limited to singles, couples, or short-term renters, potentially narrowing the buyer pool compared to multi-bedroom units.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state