5300 E Waverly Drive M4115, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 2 bath

5300 E Waverly Drive M4115, Palm Springs, California 92264 home-pic-0
ACTIVE$298,000$1,048/sqft
5300 E Waverly Drive M4115, Palm Springs, California 92264
1Bed
2Baths
1,048Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Rarity & Spacious Layout: This is one of only six two-story townhouse-style units in the community, offering a generous 1,048 sqft floor plan, making it exceptionally rare and spacious for a condo.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1048, other record living area = 522.

Compared to the nearby listings

Price:$298.0K vs avg $432.5K ($-134,500)12%
Size:1,048 sqft vs avg 1,316 sqft18%
Price/sqft:$284 vs avg $33321%

More Insights

Built in 1974 (52 years old).
Condition: This 1974-built condo has undergone significant upgrades, making it move-in ready. The kitchen features updated appliances and countertops, though the cabinets retain an older style. Bathrooms are clearly renovated with modern fixtures, flooring, and lighting. The living areas have updated laminate flooring and recessed lighting. The presence of dual air-conditioning/heating systems indicates updated major components. While the original kitchen cabinets show its age, the extensive renovations throughout the unit align with the 'Good' criteria of being extensively renovated within the last 5-15 years, ensuring minimal wear and tear and functional systems.
Year Built
1974
Close
-
List price
$298K
Original List price
$298K
Price/Sqft
$284
HOA
$549
Days on market
-
Sold On
-
MLS number
219140312DA
Home ConditionGood
Features
Deck
Patio
View-

About this home

Exceptional opportunity to own a fully furnished, upgraded two-story townhouse-style condo in South Palm Springs. This spacious 1,048-square-foot residence offers one of the largest floor plans in the community and is one of only six units out of 205 featuring this rare two-story townhouse layout. The home includes two full bathrooms, multiple storage closets, and private outdoor spaces on both levels, providing an ideal balance of openness and privacy. The expansive upstairs primary suite functions as a true sanctuary, offering a generous sleeping area, a dedicated wet bar, private bathroom, and a large walk-in closet that can easily serve as a home office, creative space, or additional storage. The suite opens to a private balcony overlooking the tennis courts, creating a quiet and elevated living experience rarely found in condo living. Additional highlights include dual air-conditioning and heating systems with separate units for each floor, an in-unit washer and dryer, and a thoughtful floor plan designed for comfort and efficiency. Located in the highly desirable Palm Springs Golf & Tennis Club community, residents enjoy resort-style amenities including three heated pools, spas, tennis and pickleball courts, a clubhouse, and beautifully maintained grounds with mature landscaping and citrus trees. HOA dues include cable, high-speed internet with Wi-Fi, water, trash service, and exterior and roof maintenance. No land lease. Conveniently situated on the Tahquitz Creek Golf Course and close to grocery stores, restaurants, coffee shops, and hiking trails, this property is ideal as a full-time residence or desert retreat.

J
Joseph Babineaux
Listing Agent

Nearby schools

4/10
Cahuilla Elementary School
Public,K-53.0mi
4/10
Raymond Cree Middle School
Public,6-84.5mi
4/10
Desert Learning Academy
Public,K-122.4mi
6/10
Palm Springs High School
Public,9-122.5mi

Price History

Date
Event
Price
10/19/21
Sold
$165,000
Condition Rating
Good

This 1974-built condo has undergone significant upgrades, making it move-in ready. The kitchen features updated appliances and countertops, though the cabinets retain an older style. Bathrooms are clearly renovated with modern fixtures, flooring, and lighting. The living areas have updated laminate flooring and recessed lighting. The presence of dual air-conditioning/heating systems indicates updated major components. While the original kitchen cabinets show its age, the extensive renovations throughout the unit align with the 'Good' criteria of being extensively renovated within the last 5-15 years, ensuring minimal wear and tear and functional systems.
Pros & Cons

Pros

Rarity & Spacious Layout: This is one of only six two-story townhouse-style units in the community, offering a generous 1,048 sqft floor plan, making it exceptionally rare and spacious for a condo.
Extensive Resort Amenities: Residents benefit from resort-style amenities including three heated pools, spas, tennis and pickleball courts, a clubhouse, and beautifully maintained grounds.
Inclusive HOA & No Land Lease: HOA dues cover cable, high-speed internet, water, trash, and exterior/roof maintenance, plus the significant advantage of no land lease, enhancing long-term value.
Upgraded & Furnished with Premium Features: The unit is fully furnished and upgraded, featuring dual air-conditioning/heating, in-unit washer/dryer, a dedicated wet bar, and private outdoor spaces on both levels.
Prime South Palm Springs Location: Conveniently situated on the Tahquitz Creek Golf Course and close to grocery stores, restaurants, coffee shops, and hiking trails, offering an ideal desert lifestyle.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1048, other record living area = 522.
Single Bedroom Configuration: Despite its spaciousness, the property's one-bedroom layout may limit its appeal to a narrower demographic and potentially impact future resale value for those needing more rooms.
Substantial Monthly HOA Dues: The $549 monthly association fee, while inclusive of many services, represents a significant ongoing cost that buyers must factor into their budget.
Age of Building: Constructed in 1974, the property, despite upgrades, may still present potential for age-related maintenance or dated structural components not immediately apparent.
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