575 N Villa Court 103, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This Turnkey Contemporary Condominium is a High-Potential Investment Opportunity, listed at $229,000—positioned above the $200,249 Fair Market Value by 14%. While priced at a premium, the property offers Fee-Simple Ownership and a Good Condition Rating, ensuring long-term value retention. Featuring Resort-Style Amenities including five pools and tennis courts, this unit is perfectly suited for Buy-and-Hold Investors seeking a rental-ready asset or first-time buyers desiring a low-maintenance, modern retreat in a prime Palm Springs location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 575 N Villa Court 103 Subject | $224,000* List Price | 1 | 1 | 589 | $335 | - |
A 575 N Villa Court 204 Sold | $180,000 | 1 | 1 | 589 | $306 | 0.0 mi |
B 470 N Villa Court 107 Sold | $158,000 | 1 | 1 | 589 | $268 | 0.1 mi |
C 2857 N Los Felices Road 210 Sold | $225,000 | 1 | 1 | 589 | $382 | 0.1 mi |
D 420 N Villa Court 103 Sold | $162,000 | 1 | 1 | 589 | $275 | 0.2 mi |
E 2857 N Los Felices Road 203 Sold | $225,000 | 1 | 1 | 589 | $382 | 0.1 mi |
F 420 N Villa 207 Sold | $170,000 | 1 | 1 | 589 | $289 | 0.2 mi |
G 675 N Los Felices Circle 110 Sold | $167,000 | 1 | 1 | 589 | $284 | 0.2 mi |
H 680 N Ashurst Court 102 Sold | $168,500 | 1 | 1 | 589 | $286 | 0.2 mi |
I 575 N Villa Court Active | $195,000 List Price | 1 | 1 | 589 | $331 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this 16-year-old property falls within the 10-20 year range for 'Good' condition. The interior is well-maintained and move-in ready, featuring a modern kitchen with stainless steel appliances, updated backsplash, and quartz countertops, along with clean, functional bathroom fixtures.
Built in 2008, this unit is significantly newer than the majority of the surrounding community, offering a contemporary design and sold fully furnished for immediate move-in or rental readiness.
The property is fee-simple land rather than a land lease, which is a significant advantage in Palm Springs that simplifies financing and provides better long-term value retention.
The community offers extensive recreational facilities including five pools, five spas, and four tennis courts, providing a high-end vacation atmosphere for residents and guests.
The monthly association fee of $550 is relatively high for a 589-square-foot unit, which may impact the overall cap rate for investors and monthly affordability for first-time buyers.
At under 600 square feet, the compact living space and lack of a private view may feel restrictive for those looking for a more spacious primary residence or a unit with direct mountain visibility.
Beautiful 1BD/1BA contemporary condo in Palm Springs, sold fully furnished and completely turnkey. This 589 sq ft fee-simple unit presents a modern design, tasteful décor, and true move-in or rental-ready convenience. Perfect as a primary residence, weekend retreat, or investment property within the community’s 30-day rental minimum. Built in 2008, this building is significantly newer than most of the community, a lower-maintenance living and long-term value. The property is immaculate, and ready for immediate occupancy. Enjoy resort-style amenities including five pools and spas, four tennis courts, and laundry rooms in every building. HOA includes water and trash. Located minutes from Downtown Palm Springs with dining and entertainment, breathtaking San Jacinto Mountain views. Watch the Aerial Tram glide up the mountainside at night, or enjoy cooler summer days hiking at the top. A timeless Palm Springs setting with iconic character and charm.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 589 | 1,199 |
| Lot Size | 589 | 1,742 |
| Price | $224.0K | $445.8K |
| Price per sq ft | $380 | $351 |
| Built year | 2008 | 1980 |
| HOA | $550.0 | $587 |
| Days on market | 32 | 67 |
Jul 6, 2026
$224,000
$229,000
-2% Price Drop
Initial Listing
Jun 20, 2026
$229,000
Initial Listing
Feb 4, 2019
$126,000
Public Record
Jul 14, 2016
$75,000
Public Record