500 E Amado Road 215, 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 entry point aligned with its $316,700 Fair Market Value. Maintaining a Condition Rating of 3, the unit features vaulted ceilings, a private patio with mountain views, and rare three-car underground parking. Situated in Central Palm Springs near Top-Rated Katherine Finchy Elementary and Palm Springs High School, the community’s 14-day minimum rental policy drives significant income potential. This residence is an ideal acquisition for Buy-and-Hold Investors targeting the vacation rental market or Second-Home Buyers seeking a turnkey lifestyle retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 E Amado Road 215 Subject | $315,000* List Price | 1 | 2 | 736 | $426 | - |
A 500 E Amado Road 423 Sold | $335,000 | 1 | 2 | 736 | $455 | 0.0 mi |
B 500 E Amado Road 420 Sold | $292,000 | 1 | 2 | 736 | $397 | 0.0 mi |
C 500 E Amado Road 416 Sold | $330,000 | 1 | 2 | 736 | $448 | 0.0 mi |
D 291 E Mel Avenue 362 Sold | $370,000 | 2 | 2 | 902 | $410 | 0.9 mi |
E 500 E Amado Road 716 Sold | $295,000 | 1 | 2 | 736 | $401 | 0.1 mi |
F 467 S Calle El Segundo D24 Sold | $275,000 | 1 | 1 | 568 | $484 | 0.8 mi |
G 500 E Amado Road 121 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 vaulted ceilings, clean tile flooring, and updated furnishings that align with a 'Good' condition rating. While the kitchen and bathrooms appear functional and tidy, they retain some older elements such as white appliances and standard cabinetry rather than a full contemporary renovation. Built in 1985, the unit shows minimal wear and tear and is suitable for immediate occupancy or rental.
Located in the heart of Palm Springs, this residence offers unparalleled access to the city's vibrant dining, shopping, and nightlife, making it a highly desirable destination.
The property features rare underground parking that accommodates up to three vehicles along with additional storage space, a significant and unique value-add for a condominium.
The community's 14-day minimum rental policy and flexible two-bath layout make it an ideal choice for an income-producing seasonal rental or vacation getaway.
The $570 monthly association fee is relatively high for a one-bedroom unit, which may deter budget-conscious buyers or impact net rental yields.
With only 736 square feet of living space, the unit's small footprint may feel restrictive for full-time residents or those who prioritize spacious interiors.
Experience classic Palm Springs living at The Deauville, just moments from the restaurants, shops, and nightlife of vibrant downtown. Designed by renowned desert modernist Hugh Kaptur, this upper-level furnished residence blends iconic architecture with effortless comfort. Soaring vaulted ceilings and clerestory windows invite beautiful natural light into the open living and dining spaces, creating an airy desert retreat. Sliding doors from both the living room and the spacious ensuite bedroom lead to a private patio with stunning mountain views. The flexible one-bedroom, two-bath layout makes hosting easy and enhances rental appeal. Perfect as a seasonal getaway or income-producing property, this community allows 14-day minimum rentals. Additional features include an in-unit washer and dryer as well as rare underground parking that accommodates up to three vehicles and offers extra space for bikes and gear. Residents enjoy resort-style amenities including three pools and spas, tennis courts, a fitness center, and a clubhouse all set within beautifully maintained grounds.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades K-12 • 1.3 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 | 1,122.5 | 24% |
| Lot Size | 871 | 500 | 59% |
| Price | $315.0K | $360.0K | 42% |
| Price per sq ft | $428 | $347 | 76% |
| Built year | 1985 | 1981 | 71% |
| HOA | $570.0 | $550 | 57% |
| Days on market | 63 | 182 | 8% |
Apr 14, 2026
$315,000
$325,000
-3% Price Drop
Initial Listing
Mar 18, 2026
$325,000
$335,000
-3% Price Drop
Initial Listing
Feb 19, 2026
$335,000
Initial Listing