891 Village Square, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
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Palm Springs, California 92262
This Renovated Desert Townhouse is a High-Potential Investment Opportunity, listed at $440,000—positioned well below the $494,959 Fair Market Value by 11%. This valuation gap provides $54,959 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features custom cabinetry, stainless-steel appliances, and mountain views. Located in the gated Village Racquet Club near Palm Springs High, residents enjoy resort amenities including eight pools and tennis courts. This is an ideal acquisition for Owner-Occupants or Second-Home Seekers looking for a turnkey lifestyle with built-in value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 891 Village Square Subject | $440,000* List Price | 3 | 3 | 1,880 | $263 | - |
A 990 N Village Square Sold | $509,000 | 3 | 3 | 1,880 | $271 | 0.1 mi |
B 475 Village Square Sold | $500,000 | 3 | 3 | 1,880 | $266 | 0.1 mi |
C 477 Village Square E Sold | $470,000 | 3 | 3 | 1,923 | $244 | 0.1 mi |
D 487 Village Square W. Sold | $400,000 | 2 | 2 | 1,680 | $238 | 0.1 mi |
E 412 Rio Vista Drive Pending | $549,900 List Price | 3 | 3 | 1,863 | $295 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive recent renovation that brings it up to modern quality standards. The kitchen features brand-new stainless steel appliances, custom cabinetry, and contemporary tile work. The bathrooms have been fully refreshed with modern vanities and fixtures. Throughout the home, there is new wood-look flooring, fresh paint, and updated lighting/ceiling fans. Despite being built in 1985, the interior is in turnkey condition with no visible deferred maintenance.
The property is located within a premier 14-acre gated community featuring eight swimming pools, tennis, pickleball, and racquetball courts, providing an unparalleled active lifestyle.
This townhouse has been stunningly updated with custom cabinetry, brand-new stainless steel appliances, and refreshed spa-like bathrooms, offering a move-in-ready experience.
Situated in the heart of Palm Springs, the home is just minutes from downtown's vibrant dining, shopping, and entertainment district, ensuring high desirability and convenience.
The layout is spread across four levels, which may pose a challenge for buyers with mobility concerns or those preferring a more traditional single-story flow.
The $600 monthly association fee, while covering extensive amenities, adds a significant recurring expense that may impact the budget of cost-conscious investors or buyers.
** Stunningly Renovated 3-Bedroom Townhouse in Prestigious Village Racquet Club! ** Welcome to 891 Village Square South - a spacious, light-filled 3-bedroom, 3-bathroom condo offering approximately 1,880 square feet of comfortable desert living. Built in 1985 and recently updated throughout, this multi-level home features modern custom cabinets, brand new stainless-steel appliances, fresh finishes, & abundant natural light that creates a bright, welcoming atmosphere. The thoughtfully designed layout provides excellent separation and privacy across its four levels, making it perfect for families, guests, or a flexible live-work setup. Living room w/ mountain & canyon views, open-air balcony, & bar w/ wine fridge. Relax in the spacious updated primary suite with its refreshed spa-like bathroom. Two private attached garage spaces w/ direct access plus additional guest parking. Nestled in the highly sought-after Village Racquet Club a secure, gated 14-acre resort-style community in the heart of Palm Springs this property delivers an unbeatable lifestyle. Residents enjoy access to 8 swimming pools and spas, tennis and pickleball courts, racquetball courts, a fitness center, & a beautifully maintained clubhouse. Just inside the main gate off Ramon Road, you're only minutes (or a short walk) from downtown Palm Springs' vibrant dining, shopping, arts scene, and world-class entertainment. This turnkey home is ideal as a primary residence, second home, or strong investment property in one of central Palm Springs' most amenity-rich communities. Don't miss your chance to own a piece of the Palm Springs dream!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.0 mi
Grades K-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 82% |
| Baths | 3.0 | 2.0 | 86% |
| Square foot | 1,880 | 1,130 | 94% |
| Lot Size | 2,178 | 500 | 87% |
| Price | $440.0K | $361.0K | 61% |
| Price per sq ft | $234 | $345 | 7% |
| Built year | 1985 | 1981 | 71% |
| HOA | $600.0 | $550 | 64% |
| Days on market | 29 | 182 | 1% |
Mar 25, 2026
$440,000
Initial Listing
Oct 16, 2002
$175,000
Public Record