RealKey
‪(213) 433-7766‬

360 Cabrillo Road 102, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

360 Cabrillo Road 102, Palm Springs, California 92262 home-pic-0
ACTIVE$395,000
360 Cabrillo Road 102, Palm Springs, California 92262
1Bed
1Bath
512Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Architectural & Historical Significance: Designed by renowned architect William F. Cody and historically designated, offering unique mid-century charm and potential Mills Act tax savings.
Top Cons:
Limited Living Space: With only 512 sqft, one bedroom, and one bathroom, the property offers compact living quarters, which may restrict appeal to certain buyer segments.

Compared to the nearby listings

Price:$395.0K vs avg $338.0K (+$57,000)59%
Size:512 sqft vs avg 1,068 sqft2%
Price/sqft:$771 vs avg $34899%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, this property has undergone an extensive and recent renovation, bringing its key areas to an excellent, virtually new condition. The kitchen features modern flat-panel cabinetry, white quartz countertops, a farmhouse sink, subway tile backsplash, and contemporary stainless steel appliances. The bathroom is equally updated with modern fixtures, a sleek vanity, and subway tile. Polished concrete flooring throughout, modern light fixtures, and a contemporary ceiling fan contribute to a fresh, 'turnkey' aesthetic. While the building's age might suggest older underlying systems, the visible interior components meet current quality standards with no apparent deferred maintenance.
Year Built
1964
Close
-
List price
$395K
Original List price
$395K
Price/Sqft
$771
HOA
$790
Days on market
-
Sold On
-
MLS number
25535963PS
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Nestled amidst lush, mature landscaping is this exceptional turnkey one-bedroom, one-bathroom retreat tucked behind the gates of Racquet Club Cottages West (formerly Racquet Club Garden Villas) in Palm Springs. Designed by renowned architect William F. Cody, the home emphasizes a seamless connection between indoor and outdoor living. Floor-to-ceiling windows flood the space with natural light, while the south-facing orientation enhances its warm, inviting ambiance, while providing lovely mountain views. There is an attached patio perfect for al fresco dining and enjoying the outdoors. As a historically designated property, Racquet Club Cottages West combines mid-century charm with modern convenience. The homeowners' association (HOA) maintains the amazing Philip A. Shipley designed landscape as well as the famous community pool and spa. The monthly dues include water, trash services, and roof maintenance. Short-term rentals are permitted with a 14-day minimum stay, offering excellent flexibility. Additionally, buyers may enjoy substantial tax savings through the Mills Act, making this property an ideal investment opportunity. Contact agent for a private showing.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•1.3mi
4/10
Raymond Cree Middle School
Public,•6-8•1.0mi
6/10
Palm Springs High School
Public,•9-12•3.0mi
4/10
Desert Learning Academy
Public,•K-12•3.1mi
Condition Rating
Excellent
Despite being built in 1964, this property has undergone an extensive and recent renovation, bringing its key areas to an excellent, virtually new condition. The kitchen features modern flat-panel cabinetry, white quartz countertops, a farmhouse sink, subway tile backsplash, and contemporary stainless steel appliances. The bathroom is equally updated with modern fixtures, a sleek vanity, and subway tile. Polished concrete flooring throughout, modern light fixtures, and a contemporary ceiling fan contribute to a fresh, 'turnkey' aesthetic. While the building's age might suggest older underlying systems, the visible interior components meet current quality standards with no apparent deferred maintenance.
Pros & Cons

Pros

Architectural & Historical Significance: Designed by renowned architect William F. Cody and historically designated, offering unique mid-century charm and potential Mills Act tax savings.
Strong Investment Opportunity: Benefits from permitted short-term rentals (14-day minimum) and substantial tax savings via the Mills Act, enhancing its financial appeal.
Seamless Indoor/Outdoor Living: Features floor-to-ceiling windows, a south-facing orientation with mountain views, and a private patio, creating an exceptional connection to the outdoors.
Comprehensive HOA Inclusions: The HOA maintains Philip A. Shipley designed landscaping, a community pool/spa, and covers water, trash services, and roof maintenance.
Turnkey & Gated Community: Offered as a turnkey retreat within a secure, gated community, ensuring immediate enjoyment and peace of mind.

Cons

Limited Living Space: With only 512 sqft, one bedroom, and one bathroom, the property offers compact living quarters, which may restrict appeal to certain buyer segments.
Substantial Monthly HOA Fees: The $790 monthly HOA fee, despite its inclusions, represents a significant ongoing cost of ownership.
Potential for Aging Systems: As a 1964 build, while exterior maintenance is covered, interior systems not managed by the HOA may eventually require updates or repairs due to their age.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state