533 N Sunrise Way, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
533 N Sunrise Way
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 533 N Sunrise Way, Palm Springs, California 92262 reveals a Fairly Priced Property with a current list price of $529,000 aligned with the estimated $529,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 533 N Sunrise Way Subject | $529,000* List Price | 2 | 2 | 1,234 | $429 | - |
A 765 N Paseo De Anza Active Under Contract | $650,000 List Price | 2 | 2 | 1,541 | $422 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1952, the property is in move-in ready condition and has been extensively renovated. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances. Bathrooms have been modernized with contemporary vanities and glass-enclosed walk-in showers. The interior features consistent tile flooring and updated light fixtures. While the property offers 'upside for personalization,' its current state shows well-maintained systems and finishes that align with the 'good' criteria for a home renovated within the last 5 to 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Land Ownership
Situated in the desirable Movie Colony East on fee land (no land lease) and outside the wind zone, this property offers significant long-term value and lower monthly carrying costs.
- Turnkey Furnished
The home is move-in ready and comes turnkey furnished, making it an ideal choice for immediate occupancy or a seamless transition into the vacation rental market.
- Outdoor Amenities & Views
The private backyard features a sparkling pool and stunning mountain views, providing the quintessential Palm Springs outdoor living experience.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With only 1,234 square feet of living area, the home may feel small for buyers accustomed to more expansive modern floor plans.
- Vintage Infrastructure
Built in 1952, the property may require future capital improvements or cosmetic updates to fully modernize the space and maximize its appreciation potential.
About 533 N Sunrise Way
Built in 1952 and located in desirable Movie Colony East, this 2-bedroom, 2-bath home offers 1,234 square feet of classic desert living. Clean lines, natural light, and a welcoming fireplace define the open living space, while the private backyard features a sparkling pool and beautiful mountain views.The home is move-in ready and comes turnkey furnished, yet still offers upside for those looking to elevate or personalize.Situated on fee land (no land lease) and outside the wind zone, it's just minutes from downtown Palm Springs, the airport, the casino, and the new College of the Desert campus.A timeless Palm Springs property with both immediate comfort and future potential. Book your private showing today!Professional Pictures to follow.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 0.8 mi
Raymond Cree Middle School
Grades 6-8 • 1.1 mi
Palm Springs High School
Grades 9-12 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 6% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,234 | 1,964 | 6% |
| Lot Size | 5,663 | 9,583 | 15% |
| Price | $529.0K | $895.0K | 6% |
| Price per sq ft | $429 | $477 | 35% |
| Built year | 1952 | 1989 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 179 | 1% |
Pricing History
Listed for Sale
Feb 15, 2026
$529,000
Initial Listing
Sold
Dec 28, 2007
$241,000
Public Record
Sold
May 12, 2005
$305,000
Public Record
Sold
Nov 19, 1997
$85,000
Public Record
Sold
Jan 29, 1996
$82,500
Public Record
Sold
Nov 17, 1994
$50,000
Public Record