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550 N Villa Court 205, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

550 N Villa Court 205, Palm Springs, California 92262 home-pic-0
ACTIVE$197,000
550 N Villa Court 205, Palm Springs, California 92262
1Bed
1Bath
589Sqft
Lot
Year Built
1981
Close
-
List price
$197K
Original List price
$200K
Price/Sqft
$334
HOA
$550
Days on market
-
Sold On
-
MLS number
219138015DA
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Pool
Spa
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $197.0K(18th), sqft - 589(22th), beds - 1(38th), baths - 1(37th).

SELLER IS OPEN TO REVIEWING ALL REASONABLE OFFERS. Top floor renovated condo in a popular location on the north end near the Palm Springs Tramway, facing north with a Chocolate Mountain view. This unit has a nicely renovated kitchen and bath.. Here is your escape or investment property. Can be sold turnkey furnished per the inventory list, based on offer negotiation. This condo has been renovated with a modern feel and is ready for your enjoyment. The kitchen is renovated, with a bright, light feel, and features a dishwasher. The bathroom also has a renovated and modern look with a large shower stall for ease of use and a large toiletry cabinet. Off the living room, you can enjoy your time on the balcony, enjoying the north mountain view. Live in it or rent it out on a 30-day basis or full-time. It has a north-facing view and a manageable size for easy upkeep. The unit comes with dedicated carport parking right in front of the unit. Enjoy the 4 tennis courts, 5 pools and spas, and greenbelt grounds. Conveniently located a short distance to downtown Palm Springs, all the valley events, and the 10 freeway. Monthly HOA dues are $550 and include water, sewer, and trash. (No Lease Land dues here).

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.8mi
7/10
Katherine Finchy Elementary School
Public,•K-5•1.7mi
4/10
Cahuilla Elementary School
Public,•K-5•3.6mi
4/10
Raymond Cree Middle School
Public,•6-8•1.4mi
6/10
Palm Springs High School
Public,•9-12•3.4mi
4/10
Desert Learning Academy
Public,•K-12•3.5mi

Price History

Date
Event
Price
11/20/25
Price Change
$197,000-1.5%
11/01/25
Listing
$199,900
03/04/22
Sold
$199,000
11/25/20
Sold
$143,000
04/04/17
Sold
$97,000
05/31/16
Sold
$98,000
02/27/13
Sold
$39,000
Condition Rating
Fair
Built in 1981, the property is over 40 years old. While the kitchen and bathroom have been nicely renovated with a modern feel, featuring updated cabinets, countertops, and a stainless steel dishwasher in the kitchen, and a modern shower in the bath, other areas show their age. The living room and bedroom have older carpeting, and the dining area features a dated mirrored wall. The white refrigerator in the kitchen also doesn't align with a fully modern aesthetic. The property is well-maintained and move-in ready, but the mix of updated and outdated elements, along with the building's age, places it in the 'Fair' category, requiring minor updates for a cohesive modern look.
Pros & Cons

Pros

Extensive Renovations: The condo features a nicely renovated kitchen and bath with a modern feel, offering a bright and updated living space ready for immediate enjoyment.
Prime Location & Mountain Views: Situated in a popular north-end location near the Palm Springs Tramway, the unit offers desirable north-facing Chocolate Mountain views from the balcony and is conveniently close to downtown Palm Springs and the 10 freeway.
Strong Investment Potential: The property is ideal as an escape or investment, with flexible rental options (30-day or full-time) and the possibility of being sold turnkey furnished, enhancing its appeal to various buyers.
Abundant Community Amenities: Residents have access to a wealth of amenities including 4 tennis courts, 5 pools and spas, and well-maintained greenbelt grounds, providing a resort-like living experience.
HOA Value & Ownership Structure: Monthly HOA dues of $550 include water, sewer, and trash, and notably, there are no lease land dues, offering clear ownership and predictable utility costs.

Cons

High Monthly HOA Dues: The $550 monthly HOA fee is relatively high for a unit of this size, which could be a significant ongoing expense for potential buyers, even with inclusions.
Compact Unit Size: With a manageable size of 589 sqft, the unit offers limited living space, which may not appeal to buyers seeking larger accommodations or those with extensive belongings.
Aging Building Infrastructure: Built in 1981, the overall building structure and common areas are over 40 years old, which could lead to potential future maintenance issues or special assessments for the HOA, despite the unit's interior renovations.

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