1950 S Palm Canyon Drive 131, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

1950 S Palm Canyon Drive 131, Palm Springs, California 92264 home-pic-0
ACTIVE$305,000
1950 S Palm Canyon Drive 131, Palm Springs, California 92264
2Beds
2Baths
1,024Sqft
871Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Spectacular Mountain Views: The unit offers sweeping, majestic mountain views from an upper-level position, enhancing its appeal and value.
Top Cons:
Age of Building: Built in 1972, the property's age may imply that some components, beyond the upgraded HVAC, could be original or dated, potentially requiring future maintenance or renovation.

Compared to the nearby listings

Price:$305.0K vs avg $439.4K ($-134,450)12%
Size:1,024 sqft vs avg 1,307 sqft18%
Price/sqft:$298 vs avg $33825%

More Insights

Built in 1972 (53 years old).
Condition: Built in 1972, this condo is aged but appears well-maintained. While the HVAC has been upgraded, the kitchen features dated cream-colored cabinets, laminate countertops, and older white appliances. The bathrooms also show significant signs of age with basic white vanities, older fixtures, and simple tile surrounds. The flooring throughout, primarily beige carpet, is also dated. The property is functional and livable, but requires substantial cosmetic updates to the kitchen, bathrooms, and flooring to meet modern standards and tastes. It does not exhibit significant defects or safety concerns that would categorize it as 'poor'.
Year Built
1972
Close
-
List price
$305K
Original List price
$305K
Price/Sqft
$298
HOA
$448
Days on market
-
Sold On
-
MLS number
219135181DA
Home ConditionFair
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

It's all about the views and the location with this upper level 2 bed 2 bath condo. With some of the best sweeping views of the majestic mountains found in Palm Springs. Sandstone Villas is a secret oasis in South Palm Springs with tennis and pickle ball courts, multiple pools/spas and a community dog walking trail. This unit has a prime location in the community near two pools, a BBQ area and the fitness center. The unit has upgraded HVAC and generously sized bedrooms that have oversized closets with direct access to bathrooms.The two large patios are perfect to enjoy the valley's spectacular sunsets. HOA fees are reasonable and include gas, trash, sewer, exterior maintenance and a reserved covered parking space. Best of all, it is not leased land. With a 7-day rental policy, and close proximity to downtown, this unit will make a great investment or long-term home!

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.9mi
4/10
Raymond Cree Middle School
Public,6-83.3mi
4/10
Desert Learning Academy
Public,K-121.9mi
6/10
Palm Springs High School
Public,9-122.2mi
Condition Rating
Fair

Built in 1972, this condo is aged but appears well-maintained. While the HVAC has been upgraded, the kitchen features dated cream-colored cabinets, laminate countertops, and older white appliances. The bathrooms also show significant signs of age with basic white vanities, older fixtures, and simple tile surrounds. The flooring throughout, primarily beige carpet, is also dated. The property is functional and livable, but requires substantial cosmetic updates to the kitchen, bathrooms, and flooring to meet modern standards and tastes. It does not exhibit significant defects or safety concerns that would categorize it as 'poor'.
Pros & Cons

Pros

Spectacular Mountain Views: The unit offers sweeping, majestic mountain views from an upper-level position, enhancing its appeal and value.
Exceptional Community Amenities: Sandstone Villas provides a wealth of amenities including tennis and pickleball courts, multiple pools/spas, a dog walking trail, BBQ area, and fitness center.
Strong Investment Potential: The property is not on leased land and features a flexible 7-day rental policy, making it highly attractive for investors or as a vacation rental.
Prime Location & Accessibility: Situated in a prime spot within the community near pools, BBQ, and fitness center, and offers close proximity to downtown Palm Springs.
Upgraded HVAC & Functional Layout: Features upgraded HVAC, generously sized bedrooms with oversized closets, direct bathroom access, and two large patios perfect for enjoying sunsets.

Cons

Age of Building: Built in 1972, the property's age may imply that some components, beyond the upgraded HVAC, could be original or dated, potentially requiring future maintenance or renovation.
Condo Lifestyle Limitations: As a condominium, it comes with shared walls, a modest 1024 sqft living space, and limited private outdoor area (beyond patios), which may not suit buyers seeking more privacy or expansive living.
Potential for Interior Modernization: While HVAC is upgraded, the description does not detail other interior renovations, suggesting that areas like the kitchen, bathrooms, or flooring may require modernization to meet contemporary tastes.

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