533 N Sunrise Way, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
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Palm Springs, California 92262
This Classic Desert Residence in the prestigious Movie Colony East subdivision is listed at $499,000, representing a stable entry point aligned with its $480,475 Fair Market Value. Boasting a Condition Rating of 4, the home is Turnkey Furnished and features a Sparkling Pool alongside Mountain Views on rare Fee Land. Its proximity to Top-Rated Katherine Finchy Elementary and Palm Springs High School enhances its long-term desirability and family appeal. This property is perfectly suited for Owner-Occupants or Secondary Home Buyers seeking a quintessential, move-in-ready desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 533 N Sunrise Way Subject | $499,000* List Price | 2 | 2 | 1,234 | $389 | - |
A 765 N Paseo De Anza Sold | $605,000 | 2 | 2 | 1,541 | $393 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property is described as move-in ready and well-maintained, the interior finishes are significantly dated. The kitchen features oak-style cabinetry and older appliances, and the terracotta-style tile flooring and light fixtures suggest a renovation that likely took place 20 or more years ago. It meets the 'fair' criteria as a functional, aged home that requires cosmetic updates to meet current modern standards.
Situated in the highly desirable Movie Colony East on fee land (no land lease), this property offers significant long-term value and is conveniently located near downtown Palm Springs and the airport.
The private backyard features a sparkling pool and stunning mountain views, providing the quintessential desert lifestyle sought after by both primary residents and vacation renters.
The home is move-in ready and comes turnkey furnished, offering immediate utility and cost savings for investors or secondary home buyers looking for a seamless transition.
With only 1,234 square feet and two bedrooms, the home's smaller footprint may limit its appeal to larger families or buyers requiring more interior square footage.
Located on N Sunrise Way, a primary thoroughfare, the property may experience higher levels of street noise compared to homes located deeper within the residential subdivision.
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.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,234 | 1,909.5 | 7% |
| Lot Size | 5,663 | 9,583 | 16% |
| Price | $499.0K | $875.0K | 7% |
| Price per sq ft | $404 | $481 | 33% |
| Built year | 1952 | 1986 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 185 | 5% |
Mar 21, 2026
$499,000
$519,000
-4% Price Drop
Initial Listing
Mar 7, 2026
$519,000
$529,000
-2% Price Drop
Initial Listing
Feb 15, 2026
$529,000
Initial Listing
Dec 28, 2007
$241,000
Public Record
May 12, 2005
$305,000
Public Record
Nov 19, 1997
$85,000
Public Record
Jan 29, 1996
$82,500
Public Record
Nov 17, 1994
$50,000
Public Record