487 Village Square W., Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

487 Village Square W., Palm Springs, California 92262 home-pic-0
ACTIVE$410,000
487 Village Square W., Palm Springs, California 92262
2Beds
2Baths
1,680Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Community Amenities: The property offers extensive resort-style amenities including 8 pools, 8 spas, 3 tennis courts, 2 racquetball courts, a fitness center, and a clubhouse within a gated 14-acre community.
Top Cons:
Leasehold Land: The property is located on Indian lease land, which, despite being extended through 2076, can affect financing options and long-term appreciation compared to fee simple ownership.

Compared to the nearby listings

Price:$410.0K vs avg $338.0K (+$72,000)62%
Size:1,680 sqft vs avg 1,068 sqft92%
Price/sqft:$244 vs avg $3467%

More Insights

Built in 1985 (40 years old).
Condition: Despite being built in 1985, the property is described as 'beautifully maintained' and 'truly move-in ready.' Both bathrooms have been 'recently remodeled,' and the kitchen features 'sleek countertops,' indicating significant updates to key areas. While some elements like the fireplace surround show the property's age, the critical functional spaces have been modernized, aligning with the 'Good' criteria of being extensively renovated within the last 5-15 years and being move-in ready with well-maintained systems.
Year Built
1985
Close
-
List price
$410K
Original List price
$210K
Price/Sqft
$244
HOA
$688
Days on market
-
Sold On
-
MLS number
SW25224637
Home ConditionGood
Features
Good View: Pool
Patio
ViewPool

About this home

Stylish Desert Living in Village Racquet Club. Welcome to this beautifully maintained fully furnished 2-bedroom, 2-bathroom condo nestled in the sought-after Village Racquet Club, just a short walk to downtown Palm Springs. Spanning multiple levels with generous natural light and tasteful finishes throughout, this residence offers the perfect blend of comfort, style, and resort-like amenities. Step inside to discover a spacious living area with soaring ceilings, a cozy fireplace along with a wet bar, and sliding glass doors that open onto a terrace—ideal for morning coffee or evening cocktails. The kitchen features sleek countertops, ample cabinetry, with a private patio and a breakfast bar that flows seamlessly into the dining area. The primary suite boasts a walk-in closet and a recently remodeled en-suite bath with dual vanities. The second bath is also recently remodeled, while the second bedroom is perfect for guests or a home office. There is also a separate designated office area. And yes, all the furniture is included so it is truly move-in ready. A private garage and in-unit laundry add convenience, while the community’s lush landscaping and mature trees create a serene backdrop. Enjoy access to 8 pools, 8 spas, 3 tennis courts, 2 racquetball courts, a fitness center, and a clubhouse—all within a gated 14-acre community just minutes from downtown Palm Springs’ vibrant dining, shopping, and entertainment. Located on Indian lease land (extended through 2076), this condo is ideal for full-time residents or seasonal escapes.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-82.0mi
4/10
Desert Learning Academy
Public,K-121.1mi
6/10
Palm Springs High School
Public,9-121.3mi
Condition Rating
Good

Despite being built in 1985, the property is described as 'beautifully maintained' and 'truly move-in ready.' Both bathrooms have been 'recently remodeled,' and the kitchen features 'sleek countertops,' indicating significant updates to key areas. While some elements like the fireplace surround show the property's age, the critical functional spaces have been modernized, aligning with the 'Good' criteria of being extensively renovated within the last 5-15 years and being move-in ready with well-maintained systems.
Pros & Cons

Pros

Exceptional Community Amenities: The property offers extensive resort-style amenities including 8 pools, 8 spas, 3 tennis courts, 2 racquetball courts, a fitness center, and a clubhouse within a gated 14-acre community.
Prime Downtown Palm Springs Location: Located just a short walk to downtown Palm Springs, providing convenient access to vibrant dining, shopping, and entertainment.
Turnkey & Fully Furnished: This beautifully maintained condo is fully furnished with all furniture included, making it truly move-in ready for immediate enjoyment or rental.
Updated & Functional Interior: Features recently remodeled bathrooms, soaring ceilings, a cozy fireplace, wet bar, private patio, and a separate designated office area, enhancing comfort and utility.
Convenient Private Features: Includes a private garage and in-unit laundry, adding significant convenience and practicality for residents.

Cons

Leasehold Land: The property is located on Indian lease land, which, despite being extended through 2076, can affect financing options and long-term appreciation compared to fee simple ownership.
Multi-Level Design: The multi-level layout may not be suitable for all buyers, particularly those seeking single-story living or with mobility considerations.
High Monthly Association Fees: A monthly association fee of $688 is substantial and represents a significant ongoing cost of ownership that potential buyers must factor in.

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