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470 N Villa Court 205, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

470 N Villa Court 205, Palm Springs, California 92262 home-pic-0
ACTIVE$139,000
470 N Villa Court 205, Palm Springs, California 92262
1Bed
1Bath
589Sqft
Lot
Year Built
1981
Close
-
List price
$139K
Original List price
$200K
Price/Sqft
$236
HOA
$550
Days on market
-
Sold On
-
MLS number
IG24207811
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Deck
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $139.0K(1th), sqft - 589(22th), beds - 1(38th), baths - 1(37th).

This upstairs 1 bed / 1 bath Palm Springs condo is a probate sale offered at a jaw-dropping discount compared to similar units—now more than $60K below its original asking price—making it a rare opportunity for a patient buyer not in a rush to close escrow... Located just one block from the Visitors Center and only 3.5 miles to downtown’s vibrant shopping and dining, the unit is in livable condition with a slightly dated interior, ready for a refresh. Covered parking is conveniently nearby, and the community grounds are well maintained, making this a smart buy for full-time residents, weekend getaways, or seasonal living in a prime location. Make your move before this unbeatable deal...

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.7mi
7/10
Katherine Finchy Elementary School
Public,•K-5•1.7mi
4/10
Cahuilla Elementary School
Public,•K-5•3.6mi
4/10
Raymond Cree Middle School
Public,•6-8•1.4mi
6/10
Palm Springs High School
Public,•9-12•3.4mi
4/10
Desert Learning Academy
Public,•K-12•3.5mi

Price History

Date
Event
Price
10/30/25
Price Change
$139,000-3.5%
09/30/25
Price Change
$144,000-3.4%
08/06/25
$149,000
10/10/24
$200,000
Condition Rating
Fair
The property was built in 1981, making it over 40 years old. The listing description explicitly states the interior is 'slightly dated' and 'ready for a refresh,' indicating a lack of recent major renovations. The bathroom, as seen in the images, is functional but features outdated fixtures, vanity, and shower enclosure, consistent with a property of its age without significant updates. While livable, it requires cosmetic updates to meet current standards and appeal. The absence of kitchen photos, combined with the description and bathroom condition, strongly suggests the kitchen is also dated.
Pros & Cons

Pros

Exceptional Value Proposition: Significant price reduction, currently over $60K below its original asking price, presenting a rare discount opportunity for a patient buyer.
Prime Palm Springs Location: Strategically situated just one block from the Visitors Center and 3.5 miles from downtown's vibrant shopping and dining.
Well-Maintained Community: The property is part of a community with well-kept grounds, contributing to a pleasant and attractive living environment.
Desirable Mountain Views: Offers attractive mountain views, enhancing the property's aesthetic appeal and potential for enjoyment.
Convenient Covered Parking: Includes readily accessible covered parking, a valuable amenity for residents.

Cons

Dated Interior Requiring Refresh: The unit features a slightly dated interior, indicating a need for modernization and potential renovation costs to maximize its appeal.
Probate Sale Process: As a probate sale, it may entail a longer and more involved escrow process, requiring patience and flexibility from the buyer.
Relatively High Association Fee: The monthly association fee of $550 is notable for a 589 sqft 1-bedroom unit, impacting overall ownership costs.

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