550 N Villa Court 116, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This Renovated Resort-Style Condo is a Prime Investment Opportunity, listed at $189,500—positioned well below the $194,100 Fair Market Value by 2%. This valuation gap offers $4,600 in Instant Equity. Boasting an Excellent Condition Rating, the interior features a modern quartz kitchen, shaker cabinetry, and spectacular mountain views. Located near top-rated schools like Katherine Finchy Elementary, this turnkey property balances lifestyle luxury with financial upside. It is an ideal match for seasonal getaway seekers or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 N Villa Court 116 Subject | $189,500* List Price | 1 | 1 | 589 | $330 | - |
A 2857 N Los Felices Road 115 Sold | $214,500 | 1 | 1 | 589 | $364 | 0.2 mi |
B 2821 N Los Felices Circle 107 Sold | $178,750 | 1 | 1 | 589 | $303 | 0.1 mi |
C 2825 N Los Felices Road 114 Sold | $197,500 | 1 | 1 | 589 | $335 | 0.2 mi |
D 2820 N Arcadia Court 202 Sold | $190,000 | 1 | 1 | 589 | $323 | 0.1 mi |
E 2821 N Los Felices Circle 104 Sold | $205,000 | 1 | 1 | 589 | $348 | 0.1 mi |
F 680 N Ashurst Court 102 Sold | $168,500 | 1 | 1 | 589 | $286 | 0.2 mi |
G 510 N Villa Court 107 Active | $210,000 List Price | 1 | 1 | 589 | $357 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, this condo has undergone an extensive recent renovation that meets modern quality standards. The kitchen is fully updated with quartz countertops, shaker-style cabinetry with gold hardware, and stainless steel appliances. The bathroom features a contemporary glass-enclosed walk-in shower with modern tile work. With new flooring, recessed lighting, and plantation shutters throughout, the property is in turnkey condition with no visible deferred maintenance.
The condo features stylish contemporary finishes, including an updated kitchen with sleek countertops and a refreshed bathroom, making it a turnkey, move-in-ready option.
The property offers spectacular mountain and pool views and provides access to community amenities such as tennis courts and lush landscaping, capturing the quintessential Palm Springs lifestyle.
Listed at $189,500—significantly lower than its 2023 sale price of $210,000—this property offers excellent entry-level pricing for the Palm Springs market.
The $550 monthly association fee is relatively high in proportion to the listing price and square footage, which may impact monthly affordability and investor ROI.
At just 589 square feet, the limited interior footprint may be a drawback for full-time residents or those requiring more storage and functional living area.
Bask in the beauty of desert living in this stylishly updated single-story one-bedroom, one-bath condo showcasing spectacular views of the pool and surrounding mountains. Thoughtfully refreshed with modern finishes, this inviting retreat blends comfort and charm with effortless appeal. Shutters frame the windows throughout, welcoming in natural light while offering privacy when desired. The bright and open living area flows seamlessly to a quaint patio, perfect for morning coffee, sunset cocktails, or simply enjoying the peaceful resort-style setting. The kitchen features sleek countertops, updated appliances, and ample cabinetry, while the spacious bedroom offers a restful escape filled with natural light. The bathroom has been tastefully updated, completing the home's fresh contemporary feel. Set within a beautifully maintained community with pools, lush landscaping, tennis courts, and stunning mountain backdrops, this condo captures the essence of relaxed desert living just minutes from downtown Palm Springs, where shops, restaurants, and entertainment await. Ideal as a full-time residence, vacation getaway, or investment property.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.7 mi
Grades K-5 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 589 | 1,122.5 | 17% |
| Lot Size | - | 436 | 46% |
| Price | $189.5K | $360.0K | 12% |
| Price per sq ft | $322 | $345 | 38% |
| Built year | 1981 | 1981 | 50% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 19 | 182 | 1% |
Apr 3, 2026
$189,500
Initial Listing
May 2, 2023
$210,000
Public Record
Mar 1, 2021
$152,500
Public Record
Aug 30, 2013
$65,500
Public Record
Mar 2, 2005
$137,000
Public Record