975 Village Square, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
975 Village Square
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 975 Village Square, Palm Springs, California 92262 is currently available with a list price of $429,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1985, the property has undergone an extensive and comprehensive renovation within the last 2 to 5 years, meeting the criteria for excellent condition. Major system upgrades include a new HVAC (2023), new windows and slider doors (2022-2024), and updated LED lighting. The interior features a fully remodeled primary bathroom (2023), updated guest bath (2022), new flooring (2020), and a gourmet kitchen with brand-new appliances (2024-2025). The property shows no signs of deferred maintenance and features modern aesthetic updates throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Upgrades
The property has undergone extensive renovations between 2020 and 2025, including a new HVAC system, brand-new kitchen appliances, remodeled bathrooms, and updated flooring throughout.
- Prime Central Location
Located in the heart of Palm Springs, this condo is just a short distance from the vibrant downtown area, offering easy access to premier dining, shopping, and entertainment.
- Resort-Style Community Amenities
The Village Racquet Club provides an exceptional lifestyle package with eight pools and spas, tennis and racquetball courts, a fitness center, and a clubhouse.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $779.26 per month is a significant recurring expense that may impact the debt-to-income ratio for some prospective buyers.
- Accessibility Concerns
The four-level vertical layout requires navigating multiple flights of stairs, which may be a drawback for buyers with mobility issues or those preferring single-level living.
- Aging Complex Infrastructure
Despite the unit's excellent interior condition, the 1985 construction date suggests that the broader complex infrastructure and common areas are nearly 40 years old.
About 975 Village Square
Wonderfully appointed 2 bedroom, 2 bath condo in the infamous Village Racquet Club in Central Palm Springs. 4 levels of space and privacy abound, starting with a gourmet kitchen on the ground floor, as well as a formal double door entry, spacious dining area and a breakfast nook/sitting area which opens to a walled patio. The next level has a guest bedroom and a 3/4 bathroom. At the top of the stairs to the next level is a bar area, which opens up into a large living room anchored by a fireplace. There is also an outdoor balcony on this level. The top level hosts a huge Primary bedroom and bathroom, and a roomy walk in closet, as well as a window alcove/retreat area. Great location, downtown Palm Springs is a stone's throw away! The complex features many amenities including racquet ball, tennis, a clubhouse, fitness center, and 8 pools and spas. Upgrades and replacements include: washer and dryer (2019), refrigerator (2025), stove (2019), microwave (2025), and garbage disposal (2024). Tile floor was installed in 2020, carpet in 2020, fireplace remodeled in 2023. HVAC replaced in 2023, ceiling fans installed in 2023. LED can lights in 2024. chandeliers in 2023, Primary bath fixtures/tib/sinks/vanity in 2023, double front doors at ground level in 2024, ground level patio slider doors/screens in 2024, Primary bedroom window in 2024, upper hallway window in 2022, new paint in 2022, all baseboards in 2022, all door knobs in 2022 and Guest bath fixtures/sink/toilet in 2022.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $779.26 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 0.5 mi
Raymond Cree Middle School
Grades 6-8 • 2.0 mi
Desert Learning Academy
Grades K-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,680 | 1,060 | 89% |
| Lot Size | - | 500 | 45% |
| Price | $429.0K | $331.0K | 65% |
| Price per sq ft | $255 | $341 | 17% |
| Built year | 1985 | 1982 | 66% |
| HOA | $779.26 | $532 | 93% |
| Days on market | 25 | 173 | 1% |
Pricing History
Listed for Sale
Feb 10, 2026
$429,000
Initial Listing