870 E Palm Canyon Drive 202, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Modern Resort-Style Condo is a Strong Value Opportunity, listed at $495,000—positioned well below the $517,607 Fair Market Value by 4%. This valuation gap provides $22,607 in Instant Equity for the buyer. Boasting a Good Condition Rating, the home features mountain views, a rare direct-access 2-car garage, and Fee Simple Land Ownership. Located in the gated Biltmore community near Cahuilla Elementary, residents enjoy three pools and a fitness center. This is an ideal acquisition for Seasonal Retreat Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 870 E Palm Canyon Drive 202 Subject | $495,000* List Price | 2 | 2 | 1,305 | $397 | - |
A 910 E Palm Canyon Drive 101 Sold | $495,000 | 2 | 2 | 1,257 | $394 | 0.0 mi |
B 900 E Palm Canyon Drive 201 Sold | $499,000 | 2 | 2 | 1,305 | $382 | 0.0 mi |
C 910 E Palm Canyon Drive 102 Sold | $500,000 | 2 | 2 | 1,257 | $398 | 0.0 mi |
D 1020 E Palm Canyon Drive 101 Sold | $499,000 | 2 | 2 | 1,257 | $397 | 0.1 mi |
E 1028 E Palm Canyon Drive 207 Sold | $506,025 | 2 | 2 | 1,116 | $453 | 0.1 mi |
F 940 E Palm Canyon 207 Sold | $515,000 | 2 | 2 | 1,116 | $461 | 0.1 mi |
G 910 E Palm Canyon Drive 205 Active | $509,000 List Price | 2 | 2 | 1,116 | $456 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'good' rating. The home is move-in ready and well-maintained, featuring stainless steel appliances, wood-look flooring, and an updated primary bathroom. While the kitchen cabinetry and some fixtures appear original to the construction, they are in functional condition with no immediate need for renovation.
Unlike many properties in Palm Springs that are on leased land, this condo is on fee land, offering greater investment security and easier financing options for buyers.
Built in 2006, the unit features a rare direct-access 2-car garage, a dedicated office nook, and in-unit laundry, providing a level of convenience often missing in older desert developments.
Situated in the desirable Biltmore community, the property offers stunning mountain views and immediate proximity to Palm Springs' premier dining, shopping, and hiking trails.
At over $610 per month, the association fees are relatively high and may impact the overall affordability or return on investment for potential buyers.
Being an upper-level unit, the property may be less appealing to buyers with mobility concerns or those who prefer the convenience of a ground-floor residence.
Nestled in one of the best locations within Biltmore, this upper-level 2-bedroom, 2-bath condo on fee land offers mountain views, privacy, and an exceptional Palm Springs lifestyle. The home features stainless steel appliances in the kitchen and a well-designed layout that blends comfort and functionality. The primary suite offers a spacious walk-in closet, an updated bathroom, and access to a private balcony--an ideal setting for morning coffee or quiet evenings outdoors. Positioned opposite the primary, the guest bedroom is perfect for visitors and features mountain views along with its own generous walk-in closet. A separate nook provides flexible space for a home office or creative use, while the in-unit laundry room and direct-access 2-car garage add everyday convenience. HOA dues include access to three resort-style pools and spas, a fitness center, clubhouse, and exterior landscaping. Ideally located near Palm Springs' best coffee shops, restaurants, shopping, hiking trails, and PSP International Airport, this home is well suited as a full-time residence, seasonal getaway, or lock-and-leave desert retreat.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 3.0 mi
Grades K-12 • 1.4 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 | 1,305 | 1,404 | 42% |
| Lot Size | 1,276 | 887 | 54% |
| Price | $495.0K | $495.0K | 50% |
| Price per sq ft | $379 | $350 | 62% |
| Built year | 2006 | 1976 | 96% |
| HOA | $610.55 | $625 | 46% |
| Days on market | 28 | 155 | 1% |
Mar 27, 2026
$495,000
Initial Listing
Nov 1, 2021
$510,000
Public Record
Apr 8, 2019
$369,000
Public Record
Feb 13, 2019
$300,000
Public Record
Sep 30, 2014
$349,000
Public Record
Dec 20, 2011
$220,000
Public Record