5300 E Waverly Drive M 4115, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 2 bath
ACTIVE UNDER CONTRACT$239,900
5300 E Waverly Drive M 4115, Palm Springs, California 92264
1Bed
2Baths
1,048Sqft
850Lot
Year Built
1974
Close
-
List price
$240K
Original List price
$250K
Price/Sqft
$229
HOA
$549.8
Days on market
-
Sold On
-
MLS number
219130157DA
Home ConditionFair
Features
Good View: Mountain(s)
Spa
Patio
ViewMountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $239.9K(25th), sqft - 1048(25th), beds - 1(25th), baths - 2(50th).
Spacious 1,048 Sq. Ft. Palm Springs Condo. This bright and inviting unit features a large living room, open kitchen and a king size bedroom. A great Investment property (just $228.91 per sq. ft.), Vacation home or Full-time resort residence. Includes some updates-- don't miss this diamond in the rough, it's ready for your personal touch! The community boasts three pools, spas, tennis courts, pickleball, and a clubhouse. Ideally located near the Rimrock shopping center, Trader Joe's, and scenic hiking trails, with easy access to downtown Palm Springs.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•3.2mi
4/10
Raymond Cree Middle School
Public,•6-8•4.6mi
4/10
Desert Learning Academy
Public,•K-12•2.6mi
6/10
Palm Springs High School
Public,•9-12•2.6mi
Condition Rating
Fair
The property was built in 1974. The kitchen has updated countertops and flooring, but the cabinets and appliances appear dated. The bathrooms also appear dated. While the unit seems maintained, it requires some updates to bring it to modern standards. The listing description mentions 'some updates' and 'ready for your personal touch,' which aligns with a 'fair' condition.
Pros & Cons
Pros
Affordable Price per Sq. Ft.: Priced at $228.91 per sq. ft., offering a competitive entry point into the Palm Springs market.
Community Amenities: Access to three pools, spas, tennis courts, pickleball, and a clubhouse enhances lifestyle and recreational opportunities.
Prime Location: Ideally situated near the Rimrock shopping center, Trader Joe's, scenic hiking trails, and downtown Palm Springs, providing convenience and lifestyle benefits.
Investment Potential: Suitable as an investment property, vacation home, or full-time residence, offering flexibility for various buyer needs.
Mountain Views: The property offers mountain views, enhancing its appeal and value.
Cons
"Diamond in the Rough": Requires personal touch and updates, potentially involving additional costs and effort for renovation.
Association Fees: High association fees of $549.8 may deter some buyers.
Limited Bedrooms: Only one bedroom may not suit families or those needing extra space.