5301 E Waverly Drive 183, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
5301 E Waverly Drive 183
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 5301 E Waverly Drive 183, Palm Springs, California 92264 is currently available with a list price of $279,000. 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 interior of this 1979-built condo has been extensively updated, featuring a modern kitchen with newer stainless steel appliances, contemporary cabinetry, and stylish backsplashes. Both bathrooms have been renovated with modern vanities, toilets, and finishes, though one has a very distinct wallpaper choice. Flooring is primarily modern tile, and light fixtures are updated, making it move-in ready. However, the underlying building infrastructure is older, and the lack of a mentioned cooling system prevents an 'Excellent' rating, despite the significant interior improvements.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Private Outdoor Space
This unit is one of only two in the complex boasting the most outside yard space, providing unique and generous private outdoor living opportunities.
- Strategic Location & Privacy
As a corner unit, it offers enhanced privacy while being ideally situated between the tennis courts and pools, providing convenient access to amenities.
- Modernized Interior
The interior has been completely updated with new textured wallpaper, an electric fireplace, newer kitchen appliances, upgraded toilets, and doors, offering a contemporary and refreshed living environment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Monthly Association Fees
The $506.0 monthly association fee is substantial for an 887 sqft condominium, adding a significant recurring cost to ownership.
- Older Building Infrastructure
Built in 1979, the underlying building infrastructure is over 40 years old. While the interior is updated, major systems like plumbing, electrical, or roofing may be original or older, potentially requiring future investment.
About 5301 E Waverly Drive 183
''PCVilla Best and Unique Offering'' This condo is one of two that have the most outside yards in the entire complex! It is nestled between the tennis courts and pool. Private yet so close to both. Corner Unit with privacy. Inside has been completely updated and has new textured wall paper, electric fireplace newer kitchen appliances, newer upgraded toilets and doors. One of the most affordable places in Palm Springs with views of the mountains that are priceless! Four heated community pools and spas. Best Value in Palm Springs!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 787 Sq. Ft.
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 • 2.6 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 | 887 | 1,322 | 13% |
| Lot Size | 787 | 1,148 | 42% |
| Price | $279.0K | $450.0K | 13% |
| Price per sq ft | $315 | $328 | 41% |
| Built year | 1979 | 1977 | 60% |
| HOA | $506.0 | $624 | 19% |
| Days on market | 56 | 163 | 10% |
Pricing History
Listed for Sale
Jan 10, 2026
$279,000
Initial Listing
Sold
Feb 11, 2021
$180,000
Public Record
Sold
Jul 20, 2018
$153,000
Public Record
Sold
Apr 25, 1994
$57,500
Public Record