550 N Villa Court 116, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

550 N Villa Court 116
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 550 N Villa Court 116, Palm Springs, California 92262 is currently available with a list price of $199,500. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite being built in 1981, this condo has undergone a recent and extensive renovation. The kitchen features new white shaker cabinets, modern quartz countertops, updated stainless steel appliances, and a contemporary gold-tone faucet. The bathroom has also been tastefully updated with modern subway tile in the shower and updated fixtures. New laminate wood flooring and fresh paint throughout the unit create a virtually new and modern interior, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Updates & Finishes
The condo has been stylishly updated and thoughtfully refreshed with modern finishes, including sleek kitchen countertops, updated appliances, ample cabinetry, and a tastefully updated bathroom, offering a contemporary appeal.
- Spectacular Views
The property boasts spectacular views of the community pool and surrounding mountains, enhancing the desert living experience.
- Resort-Style Community Amenities
Residents benefit from a community featuring pools, lush landscaping, and tennis courts, providing a tranquil and amenity-rich environment.
CONSRISKS & DEFICIENCIES
- High Association Fee
The association fee of $550.0 per month is relatively high for a one-bedroom, 589 sqft condominium, impacting overall monthly costs.
- Compact Living Space
With only 589 square feet, the unit offers limited living space, which may not suit all buyers' needs or preferences.
- Potential Lack of Central Cooling
The property description does not mention a cooling system, which could be a significant drawback in the Palm Springs desert climate, potentially requiring additional investment for comfort.
About 550 N Villa Court 116
Bask in the beauty of desert living in this stylishly updated single story, one-bedroom, one-bath condo offering spectacular views of the pool and surrounding mountains. Thoughtfully refreshed with modern finishes, this inviting retreat blends comfort and charm in equal measure. Shutters frame the windows throughout, allowing light to pour in or privacy when desired. The bright and open living area flows effortlessly onto a quaint patio perfect for morning coffee, sunset cocktails, or simply taking in the tranquil resort-style setting. The kitchen features sleek countertops, updated appliances, and ample cabinetry, while the spacious bedroom offers a restful escape with abundant natural light. The bathroom has been tastefully updated, completing the home's fresh, contemporary appeal. Set within a 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 with its shops, restaurants, and entertainment this condo is ideal as a primary residence, vacation home, or investment property.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 0.8 mi
Katherine Finchy Elementary School
Grades K-5 • 1.7 mi
Cahuilla Elementary School
Grades K-5 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 589 | 1,051 | 24% |
| Lot Size | - | 500 | 45% |
| Price | $199.5K | $330.0K | 18% |
| Price per sq ft | $339 | $341 | 48% |
| Built year | 1981 | 1982 | 45% |
| HOA | $550.0 | $532 | 52% |
| Days on market | 116 | 173 | 18% |
Pricing History
Listed for Sale
Jan 17, 2026
$199,500
$207,500
-4% Price Drop
Initial Listing
Price Change
Nov 11, 2025
$207,500
Initial Listing
Sold
May 2, 2023
$210,000
Public Record
Sold
Mar 1, 2021
$152,500
Public Record
Sold
Aug 30, 2013
$65,500
Public Record
Sold
Mar 2, 2005
$137,000
Public Record





















