943 Village Square Square S, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

943 Village Square Square S, Palm Springs, California 92262 home-pic-0
ACTIVE$455,000
943 Village Square Square S, Palm Springs, California 92262
2Beds
2Baths
1,680Sqft
2,178Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Central Location: Located in central Palm Springs, just blocks away from the city's best restaurants and nightlife, offering excellent walkability and access to entertainment.
Top Cons:
Significant Monthly Association Fees: The $688.0 monthly association fee is a substantial recurring cost that buyers must factor into their budget.

Compared to the nearby listings

Price:$455.0K vs avg $338.0K (+$117,000)67%
Size:1,680 sqft vs avg 1,068 sqft92%
Price/sqft:$271 vs avg $34616%

More Insights

Built in 1985 (40 years old).
Condition: Built in 1985, this property has clearly undergone significant updates, particularly in the kitchen, which features modern flat-panel cabinetry, white countertops, stainless steel appliances, and a gas cooktop. The overall interior, including flooring (mix of clean carpet and tile), light fixtures (recessed lighting, modern ceiling fan), and general decor, appears well-maintained and move-in ready. While not a brand-new construction or a full renovation within the last 5 years, the updates are recent enough (likely within the last 5-15 years) to present a very appealing and functional home with minimal wear and tear, aligning perfectly with a 'Good' condition rating.
Year Built
1985
Close
-
List price
$455K
Original List price
$490K
Price/Sqft
$271
HOA
$688
Days on market
-
Sold On
-
MLS number
219133547PS
Home ConditionGood
Features
Good View: City Lights, Mountain(s)
Deck
ViewCity Lights,Mountain(s)

About this home

A chic peid a terre in Palm Springs! This lovely turnkey designer furnished 2 bedroom / 2 bath home at Village Racquet Club!! With over 1600 square feet of living space, this townhome is located in central Palm Springs just blocks away from the city's best restaurants and nightlife. The main level living room has a stacked-stone fireplace and vaulted ceilings that open to a private balcony. Enjoy the privacy of the quiet terrace level den, dining area, and intimate courtyard. The custom kitchen features stainless appliances and gas cooktop. The oversized primary suite has been extended, perfect for a home office or reading room, along with two walk-in closets. The home has a private, oversized one-car garage with laundry. Village Racquet Club has 8 pools and spas, tennis and racquet ball courts, gym, and a clubhouse all within a beautifully landscaped, gated community. Perfect for a 1 month+ vacation rental income property-or- year round home.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-82.0mi
4/10
Desert Learning Academy
Public,K-121.0mi
6/10
Palm Springs High School
Public,9-121.2mi
Condition Rating
Good

Built in 1985, this property has clearly undergone significant updates, particularly in the kitchen, which features modern flat-panel cabinetry, white countertops, stainless steel appliances, and a gas cooktop. The overall interior, including flooring (mix of clean carpet and tile), light fixtures (recessed lighting, modern ceiling fan), and general decor, appears well-maintained and move-in ready. While not a brand-new construction or a full renovation within the last 5 years, the updates are recent enough (likely within the last 5-15 years) to present a very appealing and functional home with minimal wear and tear, aligning perfectly with a 'Good' condition rating.
Pros & Cons

Pros

Prime Central Location: Located in central Palm Springs, just blocks away from the city's best restaurants and nightlife, offering excellent walkability and access to entertainment.
Turnkey & Designer Furnished: The home is described as 'lovely turnkey designer furnished,' making it ready for immediate occupancy or rental with minimal effort.
Extensive Community Amenities: The gated Village Racquet Club offers resort-style living with 8 pools and spas, tennis and racquetball courts, a gym, and a clubhouse.
Strong Vacation Rental Potential: Explicitly highlighted as perfect for a 1 month+ vacation rental income property, appealing to investors seeking passive income.
Desirable Interior Features & Private Spaces: Boasts a stacked-stone fireplace, vaulted ceilings, custom kitchen with stainless appliances, an oversized primary suite with two walk-in closets, and private outdoor spaces including a balcony and intimate courtyard.

Cons

Significant Monthly Association Fees: The $688.0 monthly association fee is a substantial recurring cost that buyers must factor into their budget.
Recent Price Reductions: Multiple price drops from the original list price may indicate a challenging market position or initial overpricing, potentially affecting perceived value.
Age of Property: Built in 1985, while updated, the property's age could imply potential for future maintenance or system replacements not covered by recent renovations.

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