805 E Arenas Road, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
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Palm Springs, California 92262
This Turnkey Desert Condominium is a Strong Value Opportunity, listed at $489,000—positioned well above the $478,004 Fair Market Value by -2%. Featuring a Condition Rating of 3, this unit offers a Fee Simple Land Ownership model and a highly walkable location near Palm Canyon Drive. With partial mountain views and a private patio, the home provides a seamless, move-in-ready lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 805 E Arenas Road Subject | $489,000* List Price | 2 | 2 | 1,176 | $406 | - |
A 1294 Tiffany Circle N Sold | $599,000 | 2 | 2 | 1,251 | $479 | 0.4 mi |
B 605 E Amado Road 610 Sold | $405,000 | 2 | 2 | 1,147 | $353 | 0.4 mi |
C 1283 Tiffany Circle S Sold | $589,000 | 2 | 2 | 1,260 | $467 | 0.4 mi |
D 1115 E Alejo Road Sold | $475,000 | 2 | 2 | 1,221 | $389 | 0.6 mi |
E 1293 Tiffany Circle N Sold | $545,500 | 2 | 1 | 1,260 | $433 | 0.4 mi |
F 222 N Calle El Segundo 576 Sold | $375,000 | 2 | 2 | 1,139 | $329 | 0.3 mi |
G 280 S Avenida Caballeros 268 Active | $345,000 List Price | 2 | 2 | 1,082 | $319 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1979, the property has undergone significant cosmetic renovations within the last 5-15 years. It features updated wood-look laminate flooring, quartz countertops, and modern bathroom vanities. The unit is well-maintained and move-in ready, though the white appliances and older tub/shower enclosures prevent an 'excellent' rating.
Situated in the highly desirable Casitas Arenas complex, this property offers exceptional walkability to Palm Canyon Drive and the vibrant dining and entertainment heart of downtown Palm Springs.
A significant financial advantage in Palm Springs, this property is located on Fee Land, meaning you own the land outright, which simplifies financing and eliminates monthly land lease payments.
The home is offered fully furnished and features a desirable single-level layout with a separate laundry room, providing a seamless, move-in-ready experience for vacationers or investors.
Built in 1979, the unit may require aesthetic updates or modernization of mechanical systems to meet the expectations of buyers seeking contemporary luxury finishes.
The assigned elementary and middle schools currently hold a rating of 4, which may be a consideration for families prioritizing high-ranking educational districts.
This is one of the most sought after complexes in Palm Springs. Talk about walking distance to all the action it's just a hop skip to Palm Canyon and everything else downtown. Single level, totally furnished I mean everything, great front patio and two fabulous sized bedrooms and bathrooms even a separate laundry room. This is just a great desert home and location!!! And you own the land!!!!!!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.6 mi
Grades K-12 • 1.1 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 | 1,176 | 1,147.5 | 53% |
| Lot Size | - | 436 | 44% |
| Price | $489.0K | $359.8K | 67% |
| Price per sq ft | $416 | $344 | 71% |
| Built year | 1979 | 1981 | 30% |
| HOA | $495.0 | $550 | 21% |
| Days on market | 18 | 161 | 1% |
May 28, 2026
$489,000
Initial Listing