505 S Farrell Drive Q104, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
ACTIVE$316,000
505 S Farrell Drive Q104, Palm Springs, California 92264
1Bed
1Bath
797Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Stunning Mountain Views & Lush Landscape: As an upper corner unit, the property offers stunning mountain views and a lush landscape of palm trees, enhancing its aesthetic appeal and desirability.
Top Cons:
Limited Size & Configuration: With only 1 bedroom and 1 bathroom across 797 sqft, the property's smaller size and configuration may limit its appeal to a broader range of buyers, particularly those needing more space or bedrooms.
Compared to the nearby listings
Price:$316.0K vs avg $439.4K ($-123,450)16%
Size:797 sqft vs avg 1,307 sqft11%
Price/sqft:$396 vs avg $34070%
More Insights
Built in 1985 (40 years old).
Condition: Despite being built in 1985, the property appears to have undergone significant interior renovations, particularly in the kitchen and bathroom. The kitchen features modern white shaker cabinets, light-colored countertops, subway tile backsplash, stainless steel appliances (though the range has coil burners, which is a minor detractor), and recessed lighting. The bathroom also boasts updated white shaker vanity, modern fixtures, and subway-tiled shower. Flooring consists of clean tile in main areas and carpet in the bedroom. The unit is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Year Built
1985
Close
-
List price
$316K
Original List price
$316K
Price/Sqft
$396
HOA
$470
Days on market
-
Sold On
-
MLS number
PTP2501918
Home ConditionGood
Features
Good View: Neighborhood
Pool
Spa
Patio
ViewNeighborhood
About this home
FINANCING OPTIONS NOW AVAILABLE. Discover serenity in the heart of Palm Springs with this upper corner unit boasting stunning mountain views and a lush landscape of palm trees. This 1 bed, 1 bath condo comes fully furnished, conveniently located just 5 minutes from the airport and 10 minutes from downtown. Enjoy the convenience of in-unit washer and dryer, along with low HOA fees and NO LAND LEASE. Mesquite Country Club is renowned for its resort-like setting complete with pools, spas, tennis courts, greenbelts and fountain. Coming soon, a 110 acre preserve to replace the golf course. Experience the quintessential Palm Springs lifestyle in this cozy retreat. Sellers Financing options available
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•1.2mi
4/10
Raymond Cree Middle School
Public,•6-8•2.4mi
4/10
Desert Learning Academy
Public,•K-12•0.3mi
6/10
Palm Springs High School
Public,•9-12•0.4mi
Condition Rating
Good
Despite being built in 1985, the property appears to have undergone significant interior renovations, particularly in the kitchen and bathroom. The kitchen features modern white shaker cabinets, light-colored countertops, subway tile backsplash, stainless steel appliances (though the range has coil burners, which is a minor detractor), and recessed lighting. The bathroom also boasts updated white shaker vanity, modern fixtures, and subway-tiled shower. Flooring consists of clean tile in main areas and carpet in the bedroom. The unit is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons
Pros
Stunning Mountain Views & Lush Landscape: As an upper corner unit, the property offers stunning mountain views and a lush landscape of palm trees, enhancing its aesthetic appeal and desirability.
Prime Location & Accessibility: Conveniently located just 5 minutes from the airport and 10 minutes from downtown Palm Springs, offering excellent accessibility to key attractions and services.
Resort-Style Community Amenities: Part of Mesquite Country Club, known for its resort-like setting with pools, spas, tennis courts, greenbelts, and fountains, providing a luxurious lifestyle.
Favorable Financial Aspects & Flexibility: Benefits from low HOA fees, no land lease, and the availability of seller financing options, making it an attractive financial proposition for buyers.
Turnkey & Modern Conveniences: The unit comes fully furnished and includes an in-unit washer and dryer, offering immediate move-in readiness and essential modern conveniences.
Cons
Limited Size & Configuration: With only 1 bedroom and 1 bathroom across 797 sqft, the property's smaller size and configuration may limit its appeal to a broader range of buyers, particularly those needing more space or bedrooms.
Age of Property: Built in 1985, the property is nearly 40 years old, which could imply potential for dated systems, finishes, or the need for future renovations if not already updated beyond being furnished.
Golf Course Conversion Impact: The upcoming conversion of the golf course to a 110-acre preserve, while potentially positive for some, might be a drawback for buyers specifically seeking a golf course view or direct golf access, altering the community's original character.