5300 E Waverly Drive N5108, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
ACTIVE$165,000
5300 E Waverly Drive N5108, Palm Springs, California 92264
1Bed
1Bath
522Sqft
436Lot
Year Built
1974
Close
-
List price
$165K
Original List price
$165K
Price/Sqft
$316
HOA
$549.8
Days on market
-
Sold On
-
MLS number
25616507PS
Home ConditionGood
Features
Good View: Park/Greenbelt, Mountain(s)
Patio
ViewPark/Greenbelt, Mountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $165.0K(1th), sqft - 522(1th), beds - 1(13th), baths - 1(11th).
Location, location, location. Close to shopping, Von's, hiking trails, Trader Joe's, Starbucks, Ocean's Restaurant, Target and more. This one bedroom, custom painted condo with updated tiled shower/tub includes a south and west facing mountain views, private gated patio and is easily accessible from the parking lot. Palm Springs Golf and Tennis is well maintained and features pickle ball court, tennis courts, pools and spas for your enjoyment. Ready for a full time resident or as a vacation rental you won't be disappointed.
Price History
Date
Event
Price
11/07/25
Listing
$165,000
Condition Rating
Good
Built in 1974, this condo has undergone an extensive interior renovation, making it move-in ready. The kitchen features modern white cabinetry, dark countertops, and stainless steel appliances. The bathroom is updated with contemporary large-format tiling and a glass shower door. New wood-look tile flooring is consistent throughout the unit, and light fixtures appear updated. While the building is older, the unit's interior has been significantly modernized, aligning with the 'Good' category's criteria for extensive renovation within the last 5-15 years.
Pros & Cons
Pros
Prime Location & Amenities Proximity: The property boasts an excellent location, offering convenient access to a wide array of amenities including shopping centers, grocery stores (Von's, Trader Joe's), dining (Ocean's Restaurant), coffee shops (Starbucks), and major retailers (Target), along with hiking trails.
Extensive Community Amenities: Located within the well-maintained Palm Springs Golf and Tennis community, residents have access to desirable recreational facilities such as pickleball courts, tennis courts, multiple pools, and spas, enhancing lifestyle and appeal.
Desirable Mountain Views: The condo offers attractive south and west-facing mountain views, providing a scenic backdrop and a quintessential Palm Springs living experience.
Versatile Use Potential: The property is suitable for both full-time residency and as a vacation rental, offering flexibility for owners and potentially strong income-generating opportunities.
Private Outdoor Space & Accessibility: Features a private gated patio for outdoor enjoyment and offers easy accessibility directly from the parking lot, adding convenience for residents.
Cons
Limited Living Space: With only 522 square feet and one bedroom, the unit offers very limited living space, which may not suit all buyers or long-term residents.
High Monthly Association Fee: The association fee of $549.80 per month is substantial, especially for a 1-bedroom unit of this size and price point, impacting overall affordability and potential investment returns.
Age of Building: Built in 1974, the property is older, which could imply potential for aging infrastructure, systems, or common areas that may require future maintenance or updates beyond the unit's interior renovations.