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5300 E Waverly Drive K7, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

5300 E Waverly Drive K7, Palm Springs, California 92264 home-pic-0
ACTIVE$275,000
5300 E Waverly Drive K7, Palm Springs, California 92264
2Beds
2Baths
705Sqft
Lot
Year Built
1978
Close
-
List price
$275K
Original List price
$294K
Price/Sqft
$390
HOA
$499.86
Days on market
-
Sold On
-
MLS number
219129843PS
Home ConditionGood
Features
Excellent View: Golf Course, Mountain(s)
Patio
ViewGolf Course,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $275.0K(9th), sqft - 705(6th), beds - 2(50th), baths - 2(50th).

Beautifully updated single level 2BD/1.5BA Palm Springs condo ideally positioned on the Tahquitz Creek Golf Course with captivating views of the fairway and surrounding mountains. Turnkey Furnished and Easy to Maintain, this home blends comfort and style with curated interiors, open-concept layout blending the Kitchen, Dining Area, Living Room, Den/Office or Bedroom #2, and a tranquil private patio. Tucked away on the other side of the home is the peaceful and sizeable Primary Bedroom with wall-to-wall closet, tub, and shower. Luxury vinyl plank flooring throughout. Recessed Lighting. Window Treatments. Nest Thermostat. Laundry Closet. Move-In Ready! Close to parking with 2 Parking Permits. Close to community Spa. Experience effortless desert living here. Palm Springs Golf & Tennis offers 3 heated pools, 4 spas, 4 tennis courts with pickleball, and Clubhouse. HOA dues include water, trash, cable, and internet. You own the land. All reasons to consider this the ideal full-time residence, seasonal getaway, or income-producing rental with 30-day minimum.

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•3.0mi
4/10
Raymond Cree Middle School
Public,•6-8•4.4mi
4/10
Desert Learning Academy
Public,•K-12•2.4mi
6/10
Palm Springs High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
09/11/25
Price Change
$275,000
05/09/25
Listing
$294,000
Condition Rating
Good
Despite being built in 1978, this condo has undergone a significant and tasteful interior renovation, making it move-in ready. The description highlights 'beautifully updated' interiors, 'luxury vinyl plank flooring throughout,' 'recessed lighting,' and a 'Nest Thermostat,' all indicative of recent upgrades. The images confirm a modern kitchen with white shaker-style cabinets, contemporary backsplash, and newer-looking appliances (microwave, electric range). The visible bathroom features a modern vanity, countertop, black fixtures, and an updated mirror. While the property's original build year is older, the extensive interior updates, particularly in the kitchen and bathrooms, align with the 'Good' criteria of being extensively renovated within the last 5 to 15 years, offering a well-maintained and functional living space with minimal wear and tear.
Pros & Cons

Pros

Prime Location & Views: Ideally positioned on the Tahquitz Creek Golf Course, offering captivating views of the fairway and surrounding mountains, enhancing desirability and value.
Turnkey & Updated Interiors: The condo is beautifully updated, turnkey furnished, and features luxury vinyl plank flooring, recessed lighting, window treatments, and a Nest Thermostat, making it move-in ready.
Extensive Community Amenities: The Palm Springs Golf & Tennis community provides 3 heated pools, 4 spas, 4 tennis courts with pickleball, and a Clubhouse, offering a resort-like lifestyle.
HOA Inclusions & Land Ownership: HOA dues cover water, trash, cable, and internet, simplifying living expenses. Crucially, the buyer owns the land, which is a significant advantage for a condominium.
Versatile Use Potential: The property is suitable as an ideal full-time residence, a seasonal getaway, or an income-producing rental, offering flexibility for various buyer needs.

Cons

Compact Square Footage: At 705 sqft, the living space is relatively small for a 2-bedroom unit, which might feel restrictive for some occupants or families.
High Monthly HOA Dues: The monthly association fee of $499.86 is substantial, and while it includes utilities, it represents a significant ongoing cost that could impact affordability.
Rental Restriction: The 30-day minimum rental policy limits the property's potential for short-term vacation rentals (daily/weekly), which are often sought after in the Palm Springs market for higher income generation.

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