550 N Villa Court 205, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This Modernized Desert Retreat is listed at $186,490, representing a quality-driven entry point relative to the $171,047 Fair Market Value. Boasting a Condition Score of 3, the interior features a renovated kitchen and bathroom with contemporary cabinetry, updated appliances, and custom tile work. The property offers scenic mountain views from a private balcony and access to resort-style amenities, including multiple pools and tennis courts. Proximity to Katherine Finchy Elementary and downtown Palm Springs adds significant lifestyle appeal. This turnkey, furnished unit is a perfect 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 205 Subject | $186,490* List Price | 1 | 1 | 589 | $290 | - |
A 550 N Villa Court 202 Sold | $147,500 | 1 | 1 | 589 | $250 | 0.0 mi |
B 420 N Villa Court 103 Sold | $162,000 | 1 | 1 | 589 | $275 | 0.2 mi |
C 2822 N Auburn Court 205 Sold | $170,000 | 1 | 1 | 589 | $289 | 0.2 mi |
D 2812 N Auburn Court 206 Sold | $150,000 | 1 | 1 | 589 | $255 | 0.2 mi |
E 2821 N Los Felices Circle W 114 Sold | $175,000 | 1 | 1 | 589 | $297 | 0.1 mi |
F 575 N Villa Court 107 Sold | $140,000 | 1 | 1 | 589 | $238 | 0.0 mi |
G 2812 N Auburn Court 210 Active | $215,000 List Price | 1 | 1 | 589 | $365 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features high-quality, modern renovations in the most critical areas, specifically the kitchen and bathroom, which include updated cabinetry, contemporary tile work, and newer appliances. While the 1981 build date and the need for a flooring credit (as mentioned in the description) indicate some aged components like the carpeting, the unit is move-in ready and the major systems and aesthetic features have been well-maintained and updated.
The unit features a thoughtfully updated kitchen and bathroom with contemporary cabinetry, tile work, and a glass shower partition, offering a move-in-ready aesthetic.
A private covered balcony provides beautiful mountain and tree-top views, a highly desirable feature that enhances the Palm Springs living experience.
The property is offered fully furnished and includes a $1,500 flooring credit, providing immediate value and reducing upfront costs for the buyer.
The $550 monthly association fee is relatively high compared to the listing price, which may affect affordability and overall investment yield.
At just 589 square feet, the compact interior layout may be restrictive for long-term residents or those requiring additional storage and living space.
Welcome to Palm Springs Villas I! This unit has been thoughtfully, modernly updated in all the right places. The kitchen was updated with cabinetry, counter tops, appliances, tile floor and lighting. The bathroom was completely updated as well with tile floor and tile shower with glass partition, updated sink and toilet as well. Painted throughout. Beautiful mountain and tree top views from the private covered balcony. The community features covered parking, multiple swimming pools and tennis courts. Plenty of green space for dog walking.This community is located minutes from Downtown Palm Springs near the CV Link, near many mountain hiking trails, the Tram, spas, golf courses and restaurants. So much to offer just minutes away. Seller to offer $1500 flooring credit with full priced offer. Furnishings are included. Seller to review all offers.
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 | $186.5K | $360.0K | 12% |
| Price per sq ft | $317 | $345 | 35% |
| Built year | 1981 | 1981 | 50% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 71 | 182 | 9% |
Mar 29, 2026
$186,490
$186,500
+0% Price Increase
Initial Listing
Mar 3, 2026
$186,500
$188,000
-1% Price Drop
Initial Listing
Feb 11, 2026
$188,000
Initial Listing
Mar 4, 2022
$199,000
Public Record
Nov 25, 2020
$143,000
Public Record
Apr 4, 2017
$97,000
Public Record
May 31, 2016
$98,000
Public Record
Feb 27, 2013
$39,000
Public Record