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255 S Avenida Caballeros 208, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

255 S Avenida Caballeros 208, Palm Springs, California 92262 home-pic-0
ACTIVE$399,500
255 S Avenida Caballeros 208, Palm Springs, California 92262
2Beds
2Baths
1,096Sqft
1,307Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: The property is ideally situated just steps from downtown Palm Springs dining, shopping, and nightlife, offering unparalleled convenience and access to local attractions.
Top Cons:
Leasehold Ownership: The property is on lease land, which, despite the extended term until 2080, may be a deterrent for buyers who prefer fee simple ownership.

Compared to the nearby listings

Price:$399.5K vs avg $338.0K (+$61,500)60%
Size:1,096 sqft vs avg 1,068 sqft53%
Price/sqft:$365 vs avg $34857%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, has undergone a significant renovation, particularly in the kitchen and bathrooms, which appear to have been updated within the last 5-15 years. The kitchen features sleek cabinetry, granite countertops, and modern lighting, although the appliances are white rather than stainless steel. Bathrooms also show updated vanities and countertops. Consistent tile flooring throughout, neutral paint, and modern light fixtures contribute to a move-in ready condition with minimal wear and tear. While not a brand-new build or ultra-recent renovation, it is well-maintained and functional.
Year Built
1989
Close
-
List price
$400K
Original List price
$403K
Price/Sqft
$365
HOA
$440
Days on market
-
Sold On
-
MLS number
219134690DA
Home ConditionGood
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Welcome to Villa Caballeros, where classic Palm Springs architecture meets modern desert living! Designed by Hugh M. Kaptur, this light-filled 2-bed, 2-bath condo blends mid-century flair with an updated, turnkey finish--just steps from downtown Palm Springs dining, shopping, and nightlife.Inside, high ceilings and walls of glass frame stunning west-facing mountain views and serene pool vistas. The open layout features a remodeled galley kitchen with granite counters, sleek cabinetry, and bar seating that flows into the spacious living and dining areas. The primary suite offers custom built-ins and generous storage, while the guest room doubles perfectly as an office or retreat.Step out to your private patio with full-size laundry, and enjoy tranquil mornings or colorful desert sunsets. The gated community provides resort-style amenities--a sparkling pool and spa, pickleball, tennis, and racquetball courts--plus water, sewer, trash, and earthquake insurance all included in your $577/month HOA.This home sits on secure lease land extended through 2080, keeping your purchase price lower while preserving long-term value and stability. Offered turnkey furnished, this is your chance to own a lock-and-leave desert getaway or an easy full-time residence--all for under $400K in the heart of Palm Springs.Live the lifestyle you've been dreaming of.

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•0.8mi
4/10
Raymond Cree Middle School
Public,•6-8•1.7mi
4/10
Desert Learning Academy
Public,•K-12•1.0mi
6/10
Palm Springs High School
Public,•9-12•1.1mi
Condition Rating
Good
The property, built in 1989, has undergone a significant renovation, particularly in the kitchen and bathrooms, which appear to have been updated within the last 5-15 years. The kitchen features sleek cabinetry, granite countertops, and modern lighting, although the appliances are white rather than stainless steel. Bathrooms also show updated vanities and countertops. Consistent tile flooring throughout, neutral paint, and modern light fixtures contribute to a move-in ready condition with minimal wear and tear. While not a brand-new build or ultra-recent renovation, it is well-maintained and functional.
Pros & Cons

Pros

Prime Downtown Location: The property is ideally situated just steps from downtown Palm Springs dining, shopping, and nightlife, offering unparalleled convenience and access to local attractions.
Stunning Views: Features captivating west-facing mountain views and serene pool vistas, enhancing the living experience and aesthetic appeal.
Modern Turnkey Interior: The condo boasts an updated, turnkey finish with a remodeled galley kitchen featuring granite counters and sleek cabinetry, and is offered fully furnished for immediate occupancy.
Extensive Resort-Style Amenities: The gated community provides a sparkling pool, spa, pickleball, tennis, and racquetball courts, offering a luxurious resort-like lifestyle.
Lower Entry Price Point: The secure lease land, extended through 2080, contributes to a lower purchase price under $400K, making it an accessible option in Palm Springs.

Cons

Leasehold Ownership: The property is on lease land, which, despite the extended term until 2080, may be a deterrent for buyers who prefer fee simple ownership.
High Monthly HOA Dues: The $577/month HOA fee, while inclusive of water, sewer, trash, and earthquake insurance, represents a significant ongoing monthly expense.
Galley Kitchen Layout: Despite being remodeled, the galley kitchen design might not appeal to all buyers who prefer a more open-concept kitchen and living area.

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