5300 E Waverly, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
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Palm Springs, California 92264
This Renovated Luxury Condo is listed at $279,000, offering a stable acquisition near its $260,084 Fair Market Value. Boasting a Mint Condition Rating, this move-in ready sanctuary features high-end terrazzo tile flooring, custom walnut cabinetry, and quartz waterfall countertops. A standout benefit is the Fee Simple Ownership, providing long-term security alongside breathtaking golf course and pool views. Located in the desirable South End near Palm Springs Unified schools, this property delivers a premium desert lifestyle. It is an exceptional choice for seasonal residents or first-time buyers seeking a sophisticated, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5300 E Waverly Subject | $279,000* List Price | 1 | 1 | 522 | $507 | - |
A 1525 Spyglass Plaza Pending | $238,000 List Price | 1 | 1 | 536 | $444 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years. It features a modern kitchen with custom walnut cabinetry and quartz waterfall countertops, updated bathroom with custom tile, new terrazzo flooring, and smart appliances, meeting the criteria for mint condition.
The unit features premium upgrades including terrazzo tile flooring, custom walnut cabinetry, and quartz waterfall countertops, offering a turnkey luxury aesthetic that is rare at this price point.
Unlike many properties in Palm Springs that are on leased land, this condo is located on land you own with no land lease, simplifying the financing process and protecting long-term equity.
The property boasts desirable golf course and pool views, complemented by community access to multiple pools, spas, and tennis courts in the sought-after South End of Palm Springs.
At only 522 square feet, the compact living space may be restrictive for full-time residents or buyers looking for more storage and room to entertain.
The $500 monthly HOA fee is relatively high for a one-bedroom unit of this size, which could impact the overall monthly affordability and investment yield.
Beautifully renovated ground-level condo at 5300 E. Waverly Dr. #M4104 in Palm Springs, located in the Palm Springs Golf & Tennis Club with no land lease. This recently renovated move-in ready residence features terrazzo tile flooring throughout, LED recessed lighting, and a bright open-concept layout. The updated kitchen offers custom made walnut cabinetry, quartz countertops with waterfall edges, and Samsung smart appliances. The bathroom includes a custom tile shower with glass enclosure. Community amenities include pools, spas, tennis courts, and well-maintained grounds. HOA covers common area maintenance and community amenities. Furnished sale may be available!
No exterior & parking available.
Grades K-5 • 3.1 mi
Grades 6-8 • 4.5 mi
Grades K-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 522 | 1,385.5 | 1% |
| Lot Size | - | 816.5 | 46% |
| Price | $279.0K | $488.5K | 14% |
| Price per sq ft | $534 | $359 | 90% |
| Built year | 1974 | 1977 | 48% |
| HOA | $500.0 | $620 | 15% |
| Days on market | 45 | 151 | 2% |
Apr 28, 2026
$279,000
$299,000
-7% Price Drop
Initial Listing
Apr 23, 2026
$299,000
Initial Listing