1655 E Palm Canyon Drive 318, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

1655 E Palm Canyon Drive 318, Palm Springs, California 92264 home-pic-0
ACTIVE$220,000
1655 E Palm Canyon Drive 318, Palm Springs, California 92264
1Bed
1Bath
755Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location & Walkability: Prime Palm Springs address, just five minutes from downtown, with grocery stores, coffee shops, and boutiques conveniently located right across the street.
Top Cons:
Building Age: Constructed in 1974, the building is 50 years old, which could imply potential for future common area assessments or maintenance issues not covered by standard HOA fees.

Compared to the nearby listings

Price:$220.0K vs avg $439.4K ($-219,450)3%
Size:755 sqft vs avg 1,307 sqft9%
Price/sqft:$291 vs avg $33824%

More Insights

Built in 1974 (51 years old).
Condition: Built in 1974, this condo has undergone extensive and recent renovations, including a fully refurbished, modern bathroom, new flooring, fresh paint, a brand-new HVAC system, and a new hot water heater. The kitchen has been opened up and features updated cabinets and a modern faucet, making it move-in ready. While some kitchen appliances appear older, the significant updates to major systems and aesthetics elevate its condition well beyond its original build year, aligning with a 'Good' rating for a property extensively renovated within the last 5-15 years.
Year Built
1974
Close
-
List price
$220K
Original List price
$220K
Price/Sqft
$291
HOA
$380
Days on market
-
Sold On
-
MLS number
25576765
Home ConditionGood
Features
Excellent View: City Lights, Canyon, Desert, Hills, Mountain(s), Valley
Deck
Pool
Spa
ViewCity Lights,Canyon,Desert,Hills,Mountain(s),Valley

About this home

Welcome to your desert escape at Smoke Tree Racquet Club, one of the most sought-after communities in Palm Springs. Turnkey Palm Springs condo showcasing a fully refurbished bathroom and tastefully styled interiors. Furniture package available - making this an ideal investment rental or move-in-ready retreat. Known for its iconic mid-century modern vibe, lush green grounds, and one of the largest pools in the city, this place has everything you need to live the Palm Springs lifestyle. Just five minutes from downtown, this superb second-floor one-bedroom, one-bath condo offers 755 square feet of bright, open living space with unforgettable views of the majestic Mount San Jacinto. Inside, you'll find a completely refreshed home with new flooring, fresh paint, a brand-new HVAC system, and a new hot water heater. The kitchen has been opened up to flow into the spacious great room, creating a comfortable and inviting space to relax or entertain. The furnishings are sleek and modern yet designed for comfort, including a sofa you can actually stretch out on. Step outside onto your oversized private balcony where you can enjoy morning coffee, an evening glass of wine, or simply take in the mountain views. There's plenty of space for both a dining table and a comfortable outdoor sofa, making it the perfect spot to unwind any time of day. Living here feels like being on vacation every day. You'll have access to lighted tennis and pickleball courts, a beautifully landscaped central park area, an oversized spa, and one of the largest and most beautiful pools in Palm Springs. Grocery stores, coffee shops, and boutiques are right across the street, and downtown's restaurants, galleries, and nightlife are just minutes away. Whether you're looking for a stylish full-time residence, a weekend getaway, or an income-producing property this condo has been a successful Airbnb Unit 318 delivers comfort, style, and the kind of Palm Springs living people dream about.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.7mi
4/10
Raymond Cree Middle School
Public,6-83.1mi
4/10
Desert Learning Academy
Public,K-121.2mi
6/10
Palm Springs High School
Public,9-121.5mi
Condition Rating
Good

Built in 1974, this condo has undergone extensive and recent renovations, including a fully refurbished, modern bathroom, new flooring, fresh paint, a brand-new HVAC system, and a new hot water heater. The kitchen has been opened up and features updated cabinets and a modern faucet, making it move-in ready. While some kitchen appliances appear older, the significant updates to major systems and aesthetics elevate its condition well beyond its original build year, aligning with a 'Good' rating for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Exceptional Location & Walkability: Prime Palm Springs address, just five minutes from downtown, with grocery stores, coffee shops, and boutiques conveniently located right across the street.
Resort-Style Community Amenities: Part of the highly sought-after Smoke Tree Racquet Club, offering a large pool, oversized spa, lighted tennis and pickleball courts, and beautifully landscaped grounds.
Extensive Recent Renovations: The unit is turnkey with a brand-new HVAC system, new hot water heater, new flooring, fresh paint, and an opened-up kitchen, minimizing immediate buyer expenses.
Proven Income-Generating Potential: Successfully operated as an Airbnb unit, making it an ideal investment rental or a flexible part-time residence with income potential.
Stunning Mountain Views & Private Balcony: Offers unforgettable views of the majestic Mount San Jacinto from an oversized private balcony, enhancing the property's lifestyle appeal.

Cons

Building Age: Constructed in 1974, the building is 50 years old, which could imply potential for future common area assessments or maintenance issues not covered by standard HOA fees.
Monthly HOA Dues: The $380 monthly association fee represents a significant recurring cost of ownership, which may be a consideration for some buyers.
Compact Living Space: At 755 square feet with one bedroom and one bathroom, the unit offers a smaller footprint, potentially limiting the buyer pool to those seeking a more compact or vacation-oriented property.

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