677 E Arenas Road, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath

677 E Arenas Road
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 677 E Arenas Road, Palm Springs, California 92262 is currently available with a list price of $659,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
This 2003-built contemporary condo is in move-in ready condition with high-quality modern finishes. The interior features well-maintained polished concrete flooring, a sleek kitchen with granite countertops and stainless steel appliances, and updated primary suites with modern closet organizers. While the property is approximately 21 years old, its architectural style—including high ceilings, clerestory windows, and a floating wood staircase—remains current and shows minimal signs of wear, fitting the criteria for a well-maintained home within its expected lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Fee Simple Land
Unlike many properties in Palm Springs that are on leased land, this unit offers Fee Simple ownership, meaning you own the land, which simplifies financing and enhances long-term value.
- Premier Downtown Location
Located in the highly sought-after 48 @ Arenas community, the property is steps away from Palm Springs' iconic dining, shopping, and entertainment districts.
- Modern Architectural Finishes
The contemporary design features polished concrete flooring, high ceilings, a floating wood staircase, and clerestory windows that provide an abundance of natural light.
CONSRISKS & DEFICIENCIES
- Multi-Level Layout
The two-story design with a floating staircase may not appeal to buyers looking for single-level living or those with mobility concerns.
- Significant HOA Dues
While inclusive of many services, the $726 monthly association fee represents a substantial recurring carrying cost for the property.
- Average School Ratings
The assigned local public schools currently hold a rating of 4 out of 10, which may be a drawback for families prioritizing top-tier educational districts.
About 677 E Arenas Road
Introducing 677 East Arenas, a rarely available corner unit located in the sought-after 48 @ Arenas community. This contemporary condominium has refined modern finishes, and a premier downtown address. Owners benefit from Fee Simple land (MEANING YOU OWN THE LAND!), along with access to four well-maintained community pools and spas, all within minutes to Palm Springs' renowned dining, shopping, and entertainment destinations. The residence features an open floor plan with polished concrete flooring that extends into a kitchen equipped with sleek cabinetry, granite countertops, and stainless-steel appliances. The thoughtfully designed living area includes high ceilings, a gas fireplace, and direct access to outdoor patios, enhancing the indoor-outdoor living experience. The main level also offers a powder room, in-unit laundry, and direct access to two spacious, covered parking spaces. A floating wood staircase leads to the upper floor, where there are dual primary bedroom suites. One of the bedroom suites is appointed with tall ceilings and clerestory windows for ample natural light. The second bedroom suite, which is also en suite, is generously sized and bright. Both bedroom suites are complemented with modern closet organizers. The property's low HOA fee encompasses earthquake insurance, water, trash service, and exterior and roof maintenance. This condo delivers modern design, an exceptional location, and resort-style amenities in central Palm Springs. Please contact us today for a private showing!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $726.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 0.8 mi
Raymond Cree Middle School
Grades 6-8 • 1.7 mi
Desert Learning Academy
Grades K-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 1,794 | 1,060 | 90% |
| Lot Size | - | 500 | 45% |
| Price | $659.0K | $331.0K | 89% |
| Price per sq ft | $367 | $344 | 58% |
| Built year | 2003 | 1982 | 85% |
| HOA | $726.0 | $532 | 91% |
| Days on market | 35 | 173 | 1% |
Pricing History
Listed for Sale
Jan 31, 2026
$659,000
Initial Listing
Sold
Dec 4, 2015
$430,000
Public Record
Sold
Jan 14, 2011
$310,000
Public Record
Sold
Oct 2, 2003
$349,000
Public Record












































