500 W Arenas Road 2, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath

500 W Arenas Road 2, Palm Springs, California 92262 home-pic-0
ACTIVE$898,000
500 W Arenas Road 2, Palm Springs, California 92262
2Beds
3Baths
1,486Sqft
871Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Location: Situated in the sought-after Historic Tennis Club neighborhood, moments from downtown Palm Springs' vibrant restaurants, shops, galleries, and hiking trails, offering an exceptional lifestyle.
Top Cons:
High Association Fees: The monthly association fee of $667 is substantial and adds significantly to the overall cost of ownership, which could impact affordability for some buyers.

Compared to the nearby listings

Price:$898.0K vs avg $338.0K (+$560,000)95%
Size:1,486 sqft vs avg 1,068 sqft85%
Price/sqft:$604 vs avg $34896%

More Insights

Built in 1970 (55 years old).
Condition: Despite being built in 1970, the listing explicitly states a 'complete renovation throughout,' which is strongly supported by the images. The kitchen features modern stainless steel appliances, sleek cabinetry, solid surface countertops, and a contemporary mosaic backsplash. The visible powder room also showcases modern fixtures and a stylish vanity. Flooring throughout is either large format tile or wood-look plank, appearing new and well-maintained. The overall aesthetic, including lighting and the striking glass-sided staircase, reflects a very recent and high-quality renovation, making the property virtually new inside and move-in ready with no deferred maintenance.
Year Built
1970
Close
-
List price
$898K
Original List price
$898K
Price/Sqft
$604
HOA
$667
Days on market
-
Sold On
-
MLS number
219135190PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Deck
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Mid-century design and modern comfort come together beautifully in this two-story condo, created by celebrated architect Herbert Burns. Set in the sought-after Historic Tennis Club neighborhood, the home is just moments from downtown Palm Springs with its lively restaurants, shops, galleries, and nearby hiking trails.Inside, the open-concept layout is ideal for entertaining, with the updated kitchen connecting easily to the dining and living areas. A striking glass-sided staircase leads upstairs to two en-suite bedrooms. The primary suite includes a balcony framing dramatic San Jacinto mountain views, while the guest suite offers European-inspired charm with its rooftop outlooks.Outdoors, a private patio looks onto the sparkling pool and spa, creating the perfect setting to relax or gather with friends. Additional highlights include off-street parking, in-unit laundry, and a complete renovation throughout. Move right in and enjoy Palm Springs living at its finest.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-51.2mi
7/10
Katherine Finchy Elementary School
Public,K-51.3mi
4/10
Raymond Cree Middle School
Public,6-81.8mi
4/10
Desert Learning Academy
Public,K-121.8mi
6/10
Palm Springs High School
Public,9-121.9mi
Condition Rating
Excellent

Despite being built in 1970, the listing explicitly states a 'complete renovation throughout,' which is strongly supported by the images. The kitchen features modern stainless steel appliances, sleek cabinetry, solid surface countertops, and a contemporary mosaic backsplash. The visible powder room also showcases modern fixtures and a stylish vanity. Flooring throughout is either large format tile or wood-look plank, appearing new and well-maintained. The overall aesthetic, including lighting and the striking glass-sided staircase, reflects a very recent and high-quality renovation, making the property virtually new inside and move-in ready with no deferred maintenance.
Pros & Cons

Pros

Premier Location: Situated in the sought-after Historic Tennis Club neighborhood, moments from downtown Palm Springs' vibrant restaurants, shops, galleries, and hiking trails, offering an exceptional lifestyle.
Architectural Significance & Modern Renovation: Designed by celebrated architect Herbert Burns, this mid-century condo boasts a complete renovation throughout, blending historic charm with modern comfort and an updated open-concept layout.
Desirable Views & Outdoor Living: Enjoy dramatic San Jacinto mountain views from the primary suite's balcony, rooftop outlooks from the guest suite, and a private patio overlooking the sparkling community pool and spa.
Functional & Convenient Layout: Features an open-concept layout ideal for entertaining, two private en-suite bedrooms, in-unit laundry, and convenient off-street parking, enhancing daily living.
Move-In Ready Condition: With a complete renovation throughout, the property is in pristine, move-in ready condition, allowing immediate enjoyment of Palm Springs living without additional investment in upgrades.

Cons

High Association Fees: The monthly association fee of $667 is substantial and adds significantly to the overall cost of ownership, which could impact affordability for some buyers.
Condominium Ownership Limitations: As a condominium, the property inherently comes with shared walls, potential for noise transfer, and less private outdoor space compared to a detached single-family home.
Limited Private Yard Space: While offering a private patio, the property lacks a traditional private yard, which may not appeal to buyers seeking expansive outdoor living areas or gardening opportunities.

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