
Palm Springs, California 92262
This Prime Investment Opportunity is a 3BR/3BA Townhome listed at $475,000, positioned well below the $484,815 Fair Market Value by 2%. This valuation gap offers $9,815 in Instant Equity. Featuring a Condition Rating of 3, the property offers a modernized kitchen and resort-style amenities, including 8 pools and tennis courts. While the multi-level layout and HOA fees require consideration, the location near Downtown Palm Springs ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 969 Village Square N Subject | $475,000* List Price | 3 | 3 | 1,923 | $252 | - |
A 990 N Village Square Sold | $509,000 | 3 | 3 | 1,880 | $271 | 0.0 mi |
B 477 Village Square E Sold | $470,000 | 3 | 3 | 1,923 | $244 | 0.1 mi |
C 412 Rio Vista Drive Sold | $540,000 | 3 | 3 | 1,863 | $290 | 0.8 mi |
D 487 Village Square W. Sold | $400,000 | 2 | 2 | 1,680 | $238 | 0.1 mi |
E 752 Violeta Drive Sold | $439,000 | 2 | 3 | 1,737 | $253 | 0.9 mi |
F 1384 E Andreas Road Sold | $362,000 | 2 | 2 | 1,595 | $227 | 0.7 mi |
G 414 W Village Square N Active | $475,000 List Price | 3 | 3 | 1,923 | $247 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained, functional, and move-in ready. The kitchen has been updated with modern cabinetry and newer stainless steel appliances. However, the bathrooms, popcorn ceilings, and fixtures remain dated and reflect the original 1985 construction, indicating a need for minor future updates.
Located in the Village Racquet Club, the property offers an exceptional amenity package including eight pools, spas, tennis, pickleball, and racquetball courts, providing a true resort lifestyle.
The townhome is move-in ready with a contemporary aesthetic, featuring an updated kitchen with Norcraft cabinetry, premium LG and KitchenAid appliances, and high ceilings with art lighting.
Situated within a short distance to the heart of Downtown Palm Springs, this interior corner unit offers both privacy and convenient access to world-class dining, shopping, and entertainment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2, other record lot size in square feet = 2178.
The association fee of $779.26 per month is significant and may impact the overall affordability and debt-to-income ratio for prospective buyers.
The multi-level design may be a drawback for buyers seeking long-term accessibility or those who prefer the ease of single-story living common in the Palm Springs market.
Desirable resort style living within a short distance to the heart of Downtown Palm Springs. This contemporary, multi-level, 1,923 sq ft, 3BR, 3BA townhome is ready to move in. The living area features a private balcony with mountain views, high ceilings with Art lighting, fireplace and convenient wet bar. The kitchen has been updated with sleek Norcraft cabinetry and newer appliances including an LG Refrigerator and KitchenAid Oven/Microwave. Adjacent is the dining area with direct access to a private patio perfect for grilling and fresco dining. Two bedrooms on the upper level includes a spacious Primary Retreat and sitting area with a picture window overlooking lush greenery. Dual sinks, a tiled shower and tub and large walk-in closet completes the space. The third bedroom on the main level could be used as a home office/den. There is direct access to the 2 car garage. This interior corner location offers modern elegance within a convenient setting to enjoy the Clubhouse, fitness, tennis, pickleball, racquetball and 8 pools, spas and community greenspace.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.9 mi
Grades K-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,923 | 1,199 |
| Lot Size | 2.18 | 1,742 |
| Price | $475.0K | $445.8K |
| Price per sq ft | $247 | $351 |
| Built year | 1985 | 1980 |
| HOA | $779.26 | $587 |
| Days on market | 35 | 67 |
Jun 17, 2026
$475,000
Initial Listing
Dec 16, 2019
$4,000
Public Record
May 13, 2010
$240,000
Public Record
Jan 3, 2006
$345,000
Public Record