9641 Spyglass Ave 62, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 1 bed, 1 bath
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Desert Hot Springs, California 92240
This Resort-Style Condominium is a High-Potential Investment Opportunity, listed at $65,000—positioned well below the $74,293 Fair Market Value by 12%. This valuation gap offers $9,293 in Instant Equity. The unit maintains a Condition Rating of 3 with stainless steel appliances, updated flooring, and a private shaded patio featuring mountain views. Located in the Mission Lakes community, the HOA includes unlimited golf within the Palm Springs Unified district. This asset is perfectly suited for vacation-home seekers or buy-and-hold investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9641 Spyglass Ave 62 Subject | $65,000* List Price | 1 | 1 | 565 | $131 | - |
A 9645 Spyglass Ave Unit 81 Active | $64,900 List Price | 1 | 1 | 565 | $115 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1973, the unit has undergone significant cosmetic renovations within the last 5-15 years. It features updated laminate flooring, stainless steel kitchen appliances, a modern subway tile backsplash, and a replaced bathroom vanity. The property appears well-maintained and move-in ready.
Priced aggressively at $65,000, the property includes an HOA package that covers unlimited golf for two, water, trash, cable, and internet, offering a high-value lifestyle for a low entry price.
Located in the lush Mission Lakes community, residents have access to a clubhouse, restaurant, saltwater pools, spas, tennis, pickleball, and a fitness center with an active social calendar.
The unit features modern stainless steel appliances and updated flooring, complemented by a private shaded patio offering scenic desert and mountain views.
In addition to the monthly HOA dues, residents are required to meet a yearly minimum food and beverage expenditure at the clubhouse, increasing the total cost of ownership.
At only 565 square feet, the compact one-bedroom layout may feel restrictive for long-term residents or those requiring more living and storage space.
Great opportunity - live or an rental investments! Mission Lakes, a lushly maintained golf community featuring scenic walkways, ponds, swimming pools, and spas—just minutes from downtown Palm Springs. Residents enjoy the beautifully landscaped 18-hole golf course, clubhouse restaurant, cocktail lounge, onsite bar, tennis & pickleball courts, fitness center, and so much more. They have a very active social calendar. HOA dues Include unlimited golf for two (on title) water, trash, basic cable tv and internet. Worth every penny!! A yearly minimum food & beverage expenditure is required at the Mission Lakes Country Club restaurant and is charged regardless of use, encouraging residents to enjoy casual dining and social cocktail gatherings within the community. This upstair unit offers nice flooring, kitchen features stainless steel appliances, cabinetry, dishwasher and refrigerator. The bedroom opens to a private shaded patio with desert and mountain views, wide closet and another walk-in closets w built-ins for added storage.
No exterior & parking available.
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.0 mi
Grades K-12 • 11.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 565 | 565 | 50% |
| Lot Size | - | - | 50% |
| Price | $65.0K | $92.5K | 17% |
| Price per sq ft | $115 | $150 | 17% |
| Built year | 1973 | 1973 | 50% |
| HOA | $429.0 | $429 | 50% |
| Days on market | 3 | 111 | 17% |
Apr 19, 2026
$65,000
Initial Listing
Jun 17, 2022
$134,000
Public Record
Nov 5, 2020
$56,000
Public Record
Mar 14, 2006
$103,000
Public Record