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

677 E Arenas Road, Palm Springs, California 92262 home-pic-0

677 E Arenas Road

Palm Springs, California 92262

ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,794Sq Ft
Lot Size

Property Price

LIST PRICE$659,000

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

Good
TeardownExcellent

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

4/10

Raymond Cree Middle School

Grades 6-8 • 1.7 mi

4/10

Desert Learning Academy

Grades K-12 • 1.2 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths3.02.0
83%
Square foot1,7941,060
90%
Lot Size-500
45%
Price$659.0K$331.0K
89%
Price per sq ft$367$344
58%
Built year20031982
85%
HOA$726.0$532
91%
Days on market35173
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

Browse Properties by State Browse housing market trends by state