6176 Arroyo Road 5, Palm Springs, California 92264, Palm Springs, 92264 - 4 bed, 3 bath
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Palm Springs, California 92264
This Spacious Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $379,000, which aligns with its $379,000 Fair Market Value. While the property maintains a Fair Condition Rating due to its 1972 vintage, it offers significant value-add potential through modernization. Situated on the 14th green of the Tahquitz Creek Golf Course, the unit provides panoramic mountain views and access to extensive resort-style amenities. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable desert retreat with strong rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6176 Arroyo Road 5 Subject | $379,000* List Price | 4 | 3 | 1,551 | $244 | - |
A 6087 Montecito Circle 4 Sold | $355,000 | 4 | 3 | 1,551 | $229 | 0.1 mi |
B 6032 Montecito Drive 5 Sold | $369,000 | 4 | 3 | 1,551 | $238 | 0.2 mi |
C 6134 Arroyo Road 4 Sold | $325,000 | 2 | 2 | 1,327 | $245 | 0.0 mi |
D 5985 Spoon Road Sold | $350,000 | 2 | 2 | 1,549 | $226 | 0.3 mi |
E 7523 Regency Drive Sold | $413,000 | 2 | 2 | 1,486 | $278 | 0.9 mi |
F 7571 Calle Mazamitla Sold | $450,000 | 3 | 2 | 1,841 | $244 | 0.8 mi |
G 6134 Arroyo Road 3 Active | $410,000 List Price | 3 | 2 | 1,327 | $309 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 50 years old (built 1972) and remains largely dated despite 'fresh paint.' Visuals confirm original popcorn ceilings, 1970s-style bathroom fixtures, and older carpeting. While functional and move-in ready for a budget buyer, the kitchen and baths require significant modernization, and systems are likely nearing the end of their functional life.
Situated directly on the 14th green of the Tahquitz Creek Golf Course, the property offers exceptional panoramic views of the mountains and desert landscape.
As the largest two-story floor plan in the Mountain Shadows association, the 1,551 sqft interior features a versatile layout with a potential fourth bedroom or office space.
The 26-acre community provides a resort-like lifestyle with six pools, a hot spa, lighted tennis and pickleball courts, and professional landscaping.
Built in 1972, the unit may require modernization of major systems or interior fixtures to align with contemporary energy efficiency and design standards.
With 77 days on the market and multiple price reductions, the property has struggled to gain traction, suggesting potential buyer resistance at previous price points.
Price Adjusted for the Largest 2-story Condo, townhome style located in one of the best associations (Mountain Shadows). Fresh paint, airy living space of 1,551 square feet. Currently 3 bedrooms and 2.5 bathrooms (4th bedroom professionally opened up to living room - could be office or Den or bedroom). Huge master bedroom suite with private shower and 2 sinks. Private, covered patio with storage area. There are 2 parking spaces (one covered and one uncovered). Enjoy the 6-community pools, and Hot Spa. Unit is at the 14th green at Tahquitz Creak Golf Course managed by Arnold Palmer, also there is a 2nd 18-hole Golf Course that has a lot of water....Awesome walking path around the 26-acres community. Enjoy the lighted tennis and pickleball courts. We used as a 2nd home and a part time rental to help with the expenses.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 99% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,551 | 1,391 | 63% |
| Lot Size | - | 816.5 | 46% |
| Price | $379.0K | $488.5K | 29% |
| Price per sq ft | $244 | $358 | 8% |
| Built year | 1972 | 1977 | 30% |
| HOA | $500.0 | $620 | 15% |
| Days on market | 86 | 151 | 13% |
May 29, 2026
$379,000
$383,000
-1% Price Drop
Initial Listing
May 5, 2026
$383,000
$385,000
-1% Price Drop
Initial Listing
Mar 13, 2026
$385,000
Initial Listing
Nov 27, 2002
$149,000
Public Record
Apr 7, 1994
$87,000
Public Record