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5300 E E Waverly Dr Drive H6, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

5300 E E Waverly Dr Drive H6, Palm Springs, California 92264 home-pic-0
ACTIVE$295,000
5300 E E Waverly Dr Drive H6, Palm Springs, California 92264
1Bed
1Bath
705Sqft
871Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Modern Renovation: The condo features a stunningly renovated interior, including a beautifully updated kitchen with modern finishes and a primary bathroom with a floor-to-ceiling tile shower, enhancing its appeal.
Top Cons:
Compact Size: With 1 bedroom, 1 bathroom, and 705 sqft, the living space is relatively compact, which may not suit buyers seeking larger accommodations.

Compared to the nearby listings

Price:$295.0K vs avg $439.4K ($-144,450)11%
Size:705 sqft vs avg 1,307 sqft6%
Price/sqft:$418 vs avg $34075%

More Insights

Built in 1978 (47 years old).
Condition: Despite being built in 1978, the listing explicitly states the condo is 'stunningly renovated' with a 'beautifully updated kitchen featuring modern finishes' and a primary bathroom with a 'floor to ceiling tile shower.' These descriptions, along with the implied visual confirmation from the images, indicate a very recent and comprehensive renovation, bringing the interior to current quality standards with virtually new components, aligning with the 'Excellent' condition criteria for a recently renovated property.
Year Built
1978
Close
-
List price
$295K
Original List price
$300K
Price/Sqft
$418
HOA
$499.86
Days on market
-
Sold On
-
MLS number
219124344PS
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Welcome to this stunningly renovated 1-bedroom, 1-bathroom condo with a versatile bonus room in the highly sought-after Palm Springs Golf & Tennis Club. Step inside to discover a spacious, open-concept living area that seamlessly flows into the beautifully updated kitchen, featuring modern finishes and ample storage. The covered patio is truly breathtaking, extending your living space outdoors--perfect for relaxing or entertaining while enjoying the gorgeous desert surroundings. The primary bedroom transitions beautifully to the primary bathroom with a floor to ceiling tile shower, vanity AND sink top space. Whether you need a home office, guest space, or workout room, this additional flexible space offers endless possibilities. Offered fully furnished (less select personal items), this condo is a proven 30+ day rental, making it an ideal second home, vacation retreat, or investment property.Enjoy resort-style amenities, including pools, tennis/pickle ball courts, and proximity to world-class golf, shopping, and dining in the heart of Palm Springs. Don't miss this incredible opportunity--schedule your showing today!

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•3.1mi
4/10
Raymond Cree Middle School
Public,•6-8•4.6mi
4/10
Desert Learning Academy
Public,•K-12•2.5mi
6/10
Palm Springs High School
Public,•9-12•2.6mi
Condition Rating
Excellent
Despite being built in 1978, the listing explicitly states the condo is 'stunningly renovated' with a 'beautifully updated kitchen featuring modern finishes' and a primary bathroom with a 'floor to ceiling tile shower.' These descriptions, along with the implied visual confirmation from the images, indicate a very recent and comprehensive renovation, bringing the interior to current quality standards with virtually new components, aligning with the 'Excellent' condition criteria for a recently renovated property.
Pros & Cons

Pros

Modern Renovation: The condo features a stunningly renovated interior, including a beautifully updated kitchen with modern finishes and a primary bathroom with a floor-to-ceiling tile shower, enhancing its appeal.
Flexible Living Space: A versatile bonus room offers endless possibilities, serving as a home office, guest space, or workout room, adding significant functionality to the 1-bedroom layout.
Investment & Turnkey Ready: Offered fully furnished and proven as a 30+ day rental, this property is ideal for investors, a second home, or a vacation retreat, providing immediate income potential.
Resort-Style Amenities: Residents enjoy access to resort-style amenities within the Palm Springs Golf & Tennis Club, including pools and tennis/pickleball courts, enhancing the lifestyle offering.
Desirable Location: Situated in the highly sought-after Palm Springs Golf & Tennis Club, the property offers proximity to world-class golf, shopping, and dining in the heart of Palm Springs.

Cons

Compact Size: With 1 bedroom, 1 bathroom, and 705 sqft, the living space is relatively compact, which may not suit buyers seeking larger accommodations.
High HOA Fees: The monthly association fee of $499.86 is substantial for a 1-bedroom condominium, adding a significant recurring cost to ownership.
Building Age: Built in 1978, the overall building structure is older, which could potentially lead to future maintenance or assessment concerns despite the interior renovations.

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