6117 Arroyo Road 4, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Fully Renovated Poolside Condo is a Prime Investment Opportunity, listed at $399,000—positioned well below the $409,000 Fair Market Value by 2%. This valuation gap provides $10,000 in Instant Equity for an asset with a Condition Rating of 2. The interior features a modern kitchen with brand-new appliances and wide-plank flooring, while the unique layout offers total privacy with no upper or lower neighbors. Located near Cathedral City High School, this turnkey residence is perfectly suited for Short-Term Rental Investors or Second-Home Buyers seeking a desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6117 Arroyo Road 4 Subject | $399,000* List Price | 2 | 2 | 1,327 | $308 | - |
A 1678 Paseo De La Palma Sold | $445,000 | 2 | 2 | 1,318 | $338 | 0.2 mi |
B 2302 Los Patos Drive Sold | $415,000 | 2 | 2 | 1,092 | $380 | 0.3 mi |
C 5985 Spoon Road Sold | $350,000 | 2 | 2 | 1,549 | $226 | 0.3 mi |
D 5805 Los Coyotes Drive Sold | $410,000 | 2 | 2 | 1,092 | $375 | 0.3 mi |
E 47 Portola Drive Sold | $340,000 | 2 | 2 | 1,125 | $302 | 0.1 mi |
F 2423 Los Patos Active | $499,999 List Price | 2 | 3 | 1,564 | $320 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation, featuring a modern kitchen with brand-new stainless steel appliances, updated shaker-style cabinetry, and contemporary backsplash. The interior boasts new wide-plank flooring, fresh paint, recessed lighting, and updated fixtures throughout, effectively eliminating physical depreciation despite the 1972 build year.
The property has been fully renovated with chic, stylish interiors and brand-new kitchen appliances, offering a move-in-ready experience that appeals to modern tastes.
With no upper or lower neighbors, this condo provides a rare level of privacy and quietude, functioning more like a detached townhouse than a traditional apartment.
Situated directly in front of the community pool, the unit offers immediate access to amenities and a pleasant water view, enhancing its appeal as a vacation retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1166. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property was recently sold within the past year on 2026-01-14. The sold price is $235,000.00. The property was recently sold within the past year on 2026-01-14. The sold price is $250,000.00.
The monthly HOA fee of $500 is a significant recurring cost that may impact the debt-to-income ratio for buyers and overall investment yield.
Welcome to your oasis in the heart of Palm Springs! This stunning fully renovated 2-bedroom, 2-bathroom condo in the sought-after Mountain Shadows community is a true gem. Imagine waking up in a stylishly designed space where modern elegance meets comfort, perfectly suited for both short-term rentals and full-time living.As you step inside, you'll be captivated by the chic interiors, bathed in natural light, that create a warm and inviting atmosphere. The well-appointed living area flows seamlessly into the dining space, ideal for entertaining friends or enjoying quiet evenings at home.The fully equipped kitchen is a culinary enthusiast's dream, featuring a brand-new stove, oven, and microwave, ready for your gourmet creations. Nestled right in front of the sparkling pool, you can take a refreshing dip anytime you desire, making this condo not just a home but a lifestyle. Plus, the unique layout offers the advantage of privacy with no upper or lower units, allowing you to relax in peace.Whether you seek a vacation retreat or a primary residence, this condo is perfectly positioned to experience the best of Palm Springs living. Don't miss this opportunity to claim your slice of paradise!
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,327 | 1,392 | 45% |
| Lot Size | 871 | 871 | 50% |
| Price | $399.0K | $485.0K | 31% |
| Price per sq ft | $301 | $347 | 27% |
| Built year | 1972 | 1976 | 30% |
| HOA | $500.0 | $624 | 13% |
| Days on market | 40 | 156 | 2% |
Apr 6, 2026
$399,000
$409,000
-2% Price Drop
Initial Listing
Mar 13, 2026
$409,000
Initial Listing
Jan 14, 2026
$235,000
Public Record
Jan 14, 2026
$250,000
Public Record
Apr 14, 2000
$95,000
Public Record