6032 Montecito Drive 5, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath

6032 Montecito Drive 5
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 6032 Montecito Drive 5, Palm Springs, California 92264 is currently available with a list price of $375,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1972, this property is well-maintained and functional but remains largely in an outdated condition. While the listing mentions it has been 'recently refreshed' (likely paint and cleaning), the kitchen features older white appliances and basic cabinetry, and the bathrooms show dated fixtures and finishes. It lacks a comprehensive modern renovation, fitting the 'fair' criteria of an aged home that is maintained through regular upkeep but requires cosmetic and system updates to meet current contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
The property is situated on fee simple land and is short-term rental friendly, offering significant value for both vacation home seekers and savvy investors in the Palm Springs market.
- Spacious Rare Layout
Boasting 1,551 square feet, this is the largest floor plan in the community and features a rare four-bedroom configuration, providing excellent flexibility for a home office or guest quarters.
- Premium Community Amenities
Located within the Mountain Shadows community, residents have access to resort-style living including tennis and pickleball courts, multiple pools, and the Arnold Palmer-managed Tahquitz Creek Golf Course.
CONSRISKS & DEFICIENCIES
- Dated Interior Potential
Marketed as a 'blank canvas' and built in 1972, the home likely requires cosmetic modernization and updates to meet the expectations of buyers looking for a contemporary desert retreat.
- Recurring HOA Expenses
The monthly association fee of $510 represents a fixed carrying cost that may be a consideration for budget-conscious buyers or those calculating net rental yields.
About 6032 Montecito Drive 5
Discover the magic of South Palm Springs in this beautifully maintained 1972 townhome-style condo, nestled within the vibrant & sought-after Mountain Shadows community. Recently refreshed & ready for your personal touch, this spacious residence offers a rare blank canvas for the perfect opportunity to craft your ideal desert retreat. With 1,551 square feet, this is the largest floor plan in the community, featuring 4 bedrooms & 2.5 bathrooms ideal for full-time living, a chic vacation getaway, or a great rental investment. The expansive primary suite with ensuite bath, along with two guest bedrooms & a full guest bathroom, are thoughtfully situated on the upper level. The downstairs 4th bedroom serves beautifully as a flex space office, den, creative studio, or guest quarters. Step outside to your own private, covered patio with storage, plus a covered parking space for added convenience. Just a few steps away from the main pool framed by the breathtaking views of the San Jacinto Mountains. Mountain Shadows spans 25 lushly landscaped acres within the Arnold Palmer managed Tahquitz Creek Public Golf Courses. The community is rich with amenities, including walking paths, an outdoor pavilion, library, & lighted tennis & pickleball courts. On-site management & maintenance ensure the grounds remain pristine, offering a truly carefree & resort-like lifestyle. Local amenities are the newly completed CVLink, shopping close for food, dining, home maintenance, getting downtown PS or quick trip to El Paseo, and literally minutes to the PS Airport. Located on fee simple land (you own it) & short-term rental friendly, this home is both a luxurious sanctuary & a savvy investment. Short-term rentals are permitted with registration through the City of Palm Springs. Move in Ready!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $510.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cathedral City Elementary School
Grades K-5 • 1.7 mi
Nellie N. Coffman Middle School
Grades 6-8 • 1.8 mi
Cathedral City High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 99% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 1,551 | 1,325 | 62% |
| Lot Size | - | 1,148 | 38% |
| Price | $375.0K | $450.0K | 31% |
| Price per sq ft | $242 | $328 | 8% |
| Built year | 1972 | 1977 | 25% |
| HOA | $510.0 | $624 | 26% |
| Days on market | 65 | 163 | 13% |
Pricing History
Listed for Sale
Jan 1, 2026
$375,000
Initial Listing
Sold
Sep 9, 2016
$175,000
Public Record






































