5175 E Waverly Drive F47, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 2 bath
ACTIVE$251,000
5175 E Waverly Drive F47, Palm Springs, California 92264
1Bed
2Baths
887Sqft
871Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Strategically located just minutes from vibrant Downtown Palm Springs, offering easy access to dining, entertainment, cultural attractions, hiking trails, and world-class casinos.
Top Cons:
High Monthly Association Fees: The $506.00 monthly HOA fee is substantial for a 1-bedroom unit, potentially impacting affordability and long-term ownership costs.
Compared to the nearby listings
Price:$251.0K vs avg $439.4K ($-188,450)7%
Size:887 sqft vs avg 1,307 sqft15%
Price/sqft:$283 vs avg $33820%
More Insights
Built in 1978 (47 years old).
Condition: The property, built in 1978, has received recent cosmetic updates including new paint, stylish new flooring, updated bathroom vanities, and removed acoustic ceilings, making it move-in ready. However, the kitchen features significantly outdated laminate cabinets and countertops, basic appliances, and a dated fluorescent light fixture. While the bathroom vanity is new, the tub/shower is a basic fiberglass insert. These outdated elements, particularly in the kitchen, prevent a 'Good' rating, placing it in the 'Fair' category where major components are functional but show signs of being outdated despite recent minor refreshes.
Year Built
1978
Close
-
List price
$251K
Original List price
$251K
Price/Sqft
$283
HOA
$506
Days on market
-
Sold On
-
MLS number
219135774DA
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Welcome to this charming and updated condo located just minutes form vibrant Downtown Palm Springs! This 1- bedroom 2 baths home has been thoughtfully brand new paint, stylish new flooring, updated bathroom vanities and contemporary light fixtures throughout. The acoustic ceilings have been removed, creating a more open and airy living space. Located in a secure, gated community with fantastic amenities including tennis courts, a sparkling pool, and a relaxing spa. Love the outdoors? You're just minutes away from hiking trails, top-rated restaurants, and world-class Casinos.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•2.9mi
4/10
Raymond Cree Middle School
Public,•6-8•4.4mi
4/10
Desert Learning Academy
Public,•K-12•2.3mi
6/10
Palm Springs High School
Public,•9-12•2.4mi
Condition Rating
Fair
The property, built in 1978, has received recent cosmetic updates including new paint, stylish new flooring, updated bathroom vanities, and removed acoustic ceilings, making it move-in ready. However, the kitchen features significantly outdated laminate cabinets and countertops, basic appliances, and a dated fluorescent light fixture. While the bathroom vanity is new, the tub/shower is a basic fiberglass insert. These outdated elements, particularly in the kitchen, prevent a 'Good' rating, placing it in the 'Fair' category where major components are functional but show signs of being outdated despite recent minor refreshes.
Pros & Cons
Pros
Prime Location: Strategically located just minutes from vibrant Downtown Palm Springs, offering easy access to dining, entertainment, cultural attractions, hiking trails, and world-class casinos.
Extensive Modern Updates: Recently refreshed with new paint, stylish flooring, updated bathroom vanities, contemporary light fixtures, and removed acoustic ceilings, providing a modern, move-in-ready living space.
Resort-Style Community Amenities: Located within a secure, gated community featuring desirable amenities such as tennis courts, a sparkling pool, and a relaxing spa, enhancing lifestyle and value.
Desirable Mountain Views: The property boasts appealing mountain views, enhancing the aesthetic and overall living experience.
Two Full Bathrooms: Unusually for a 1-bedroom unit, the presence of two full bathrooms offers added convenience and functionality for residents and guests.
Cons
High Monthly Association Fees: The $506.00 monthly HOA fee is substantial for a 1-bedroom unit, potentially impacting affordability and long-term ownership costs.
Compact Living Space: With only one bedroom and 887 square feet, the property offers limited living space, which may not suit buyers seeking larger accommodations or families.
Original Construction Year (1978): Despite recent cosmetic updates, the 1978 build year suggests the possibility of older underlying infrastructure or systems that may require future maintenance or upgrades.