5301 E Waverly Drive 172, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
5301 E Waverly Drive 172
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 5301 E Waverly Drive 172, Palm Springs, California 92264 is currently available with a list price of $295,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1979, has been updated with newer stainless steel appliances and a newer HVAC system (2022), indicating good maintenance. The kitchen appears functional with modern appliances, and the bathroom has a renovated shower with stylish tile work. Flooring appears to be in good condition. While not a recent full renovation, the updates and overall presentation suggest a move-in ready condition with minimal immediate concerns.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The community offers a true resort-style living experience with four swimming pools, four spas, and four tennis/pickleball courts, all set within beautifully landscaped grounds and offering stunning mountain views.
- Updated Systems
The property features a newer HVAC system installed in 2022 and newer stainless steel appliances, providing modern comfort and reducing immediate maintenance concerns.
- Prime Location
Ideally situated in South Palm Springs, close to Tahquitz Creek Golf Resort and offering convenient access to shopping, dining, and the vibrant lifestyle of Palm Springs.
CONSRISKS & DEFICIENCIES
- Condominium Ownership
As a condominium, the property is subject to monthly HOA dues, which can impact overall affordability and may have restrictions on modifications.
- Upstairs Unit
Being an upstairs unit may present accessibility challenges for some individuals and could be less desirable for those seeking single-level living.
- Age of Property
Built in 1979, while updated, the underlying structure and potential for deferred maintenance in other areas of the complex should be considered.
About 5301 E Waverly Drive 172
This upstairs 2-bedroom, 2-bath residence is updated and ideally located within the desirable Palm Canyon Villas community in South Palm Springs. The complex is comprised of 224 one- and two-bedroom homes set across 13 acres of lush, beautifully landscaped grounds. Residents enjoy a true resort-style setting with four expansive swimming pools, four spas, and four professionally maintained tennis and pickleball courts, all framed by stunning mountain views. The home features in-unit laundry, newer stainless steel appliances, a newer HVAC system (2022) for year-round comfort, and one covered plus one uncovered assigned parking space. Monthly HOA dues include water, trash, and meticulous grounds maintenance. Short term rentals allowed with a minimum of a 5 day stay. Ideally situated near Tahquitz Creek Golf Resort, with convenient access to shopping, dining, and the best of Palm Springs living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $506.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 3.1 mi
Raymond Cree Middle School
Grades 6-8 • 4.6 mi
Desert Learning Academy
Grades K-12 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 979 | 1,322 | 16% |
| Lot Size | - | 1,148 | 38% |
| Price | $295.0K | $450.0K | 14% |
| Price per sq ft | $301 | $328 | 31% |
| Built year | 1979 | 1977 | 60% |
| HOA | $506.0 | $624 | 19% |
| Days on market | 34 | 163 | 2% |
Pricing History
Listed for Sale
Feb 1, 2026
$295,000
Initial Listing
Sold
Jul 22, 2016
$171,500
Public Record
Sold
Apr 19, 2012
$95,500
Public Record
Sold
Jun 16, 2006
$240,000
Public Record