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 home-pic-0

550 N Villa Court 116

Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
589Sq Ft
Lot Size

Property Price

LIST PRICE$199,500

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

Excellent
TeardownExcellent

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

6/10

Katherine Finchy Elementary School

Grades K-5 • 1.7 mi

7/10

Cahuilla Elementary School

Grades K-5 • 3.6 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
41%
Baths1.02.0
40%
Square foot5891,051
24%
Lot Size-500
45%
Price$199.5K$330.0K
18%
Price per sq ft$339$341
48%
Built year19811982
45%
HOA$550.0$532
52%
Days on market116173
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

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