5301 E Waverly Dr 198, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 2 bath

5301 E Waverly Dr 198, Palm Springs, California 92264 home-pic-0
ACTIVE$315,000
5301 E Waverly Dr 198, Palm Springs, California 92264
1Bed
2Baths
887Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Modern Remodel: The unit has been beautifully remodeled by CURBIO, featuring Ascent Luxury Vinyl Plank flooring, Quartz countertops, refinished cabinetry, new recessed lighting, and stylish vanities, offering a contemporary and move-in ready living space.
Top Cons:
High Monthly HOA Fees: The association fee of $506.0 per month is a significant recurring cost, which can impact affordability and overall ownership expenses for a 1-bedroom unit.

Compared to the nearby listings

Price:$315.0K vs avg $439.4K ($-124,450)16%
Size:887 sqft vs avg 1,307 sqft15%
Price/sqft:$355 vs avg $34060%

More Insights

Built in 1979 (46 years old).
Condition: This property has undergone a significant and recent remodel, featuring new Ascent Luxury Vinyl Plank flooring throughout, Quartz countertops in the kitchen and bathrooms, refinished kitchen cabinetry with modern hardware, new recessed lighting, and stylish refurbished vanities. This makes the unit move-in ready with a fresh, modern aesthetic. However, the kitchen appliances (refrigerator, range, dishwasher) are white and appear to be older models, and the shower enclosure in the bathroom is also an older, dated style. While extensively updated, these specific components prevent it from achieving an 'Excellent' score, as not all elements are new or virtually new to current quality standards. The building itself was constructed in 1979, but the interior renovation is clearly recent and comprehensive enough to warrant a 'Good' rating.
Year Built
1979
Close
-
List price
$315K
Original List price
$349K
Price/Sqft
$355
HOA
$506
Days on market
-
Sold On
-
MLS number
250000329SD
Home ConditionGood
Features
Good View:
Deck
View-

About this home

Experience the quintessential Palm Springs lifestyle in this beautifully remodeled TOP FLOOR 1 BR + Bonus Room/Den, 2 BA condo at Palm Canyon Villas! Located in the desirable southeastern area of Palm Springs, this unit is part of a serene community surrounded by lushly landscaped grounds featuring mature palm and fruit trees. Remodeled by CURBIO, this unit boasts Ascent Luxury Vinyl Plank flooring throughout, Quartz countertops in the kitchen and bathrooms, refinished kitchen cabinetry with modern hardware, new recessed lighting, and stylish refurbished vanities with new mirrors and lighting. Private Balcony with Majestic Mountain Top Views and Washer/Dryer in Closet. Residents enjoy access to four sparkling pools, four spas, and four tennis courts—perfect for both relaxation and recreation. Golf enthusiasts will love the proximity to the Tahquitz Creek Golf Resort, offering two 18-hole Arnold Palmer-designed courses. Palm Canyon Villas is known for its meticulously maintained grounds and offers convenient carport and guest parking. Short-term rentals (with City of Palm Springs Permit) are permitted making this an excellent option for both primary residence or investment. Don't miss your opportunity to own in this desirable community just minutes from shopping, dining, and all the attractions Palm Springs has to offer! Palm Canyon Villas is perfectly situated in the southeastern area of Palm Springs, offering residents a tranquil setting surrounded by stunning desert landscapes and vibrant local attractions. This community provides a blend of natural beauty, recreational activities, and convenient access to some of the best Palm Springs has to offer. **Recreation & Outdoors** The community is adjacent to the renowned Tahquitz Creek Golf Resort, which features two 18-hole courses designed by Arnold Palmer, making it a haven for golf enthusiasts. For nature lovers, the nearby Coachella Valley Preserve offers scenic trails, desert flora, and wildlife. A short drive takes you to the iconic Indian Canyons, where visitors can explore miles of hiking trails through lush oases and rugged terrain. **Shopping & Dining** Palm Canyon Villas is just minutes from Palm Springs’ thriving shopping and dining scene. Along Palm Canyon Drive, you’ll find an eclectic mix of boutique shops, art galleries, and gourmet restaurants. The nearby Smoke Tree Village Shopping Center offers everyday conveniences like grocery stores, pharmacies, and casual dining options. For upscale shopping and fine dining, The River at Rancho Mirage is a short drive away. **Cultural Attractions** Palm Springs is rich in cultural and historical attractions. Residents can explore the Palm Springs Art Museum, showcasing contemporary and Native American art, or take a step back in time at the Palm Springs Air Museum. The Living Desert Zoo and Gardens in nearby Palm Desert offers an educational and interactive experience for all ages. **Transportation & Accessibility** Palm Canyon Villas is conveniently located near major transportation routes. The Palm Springs International Airport is less than 10 minutes away, providing easy travel options. Highway 111 and Interstate 10 offer quick access to surrounding desert cities like Rancho Mirage, Palm Desert, and La Quinta, as well as the Coachella Valley and beyond. **Events & Entertainment** The area is home to a variety of events and entertainment options throughout the year. From the Palm Springs International Film Festival to Modernism Week and the Coachella Music Festival, there’s always something happening. Residents can also enjoy live performances at venues like the McCallum Theatre and Agua Caliente Casino’s state-of-the-art showrooms. **Community Appeal** Palm Canyon Villas offers a peaceful retreat with the convenience of city amenities just a stone's throw away. The neighborhood boasts a mix of full-time residents and seasonal visitors, creating a friendly and welcoming atmosphere...

Nearby schools

4/10
Cahuilla Elementary School
Public,K-53.1mi
4/10
Raymond Cree Middle School
Public,6-84.6mi
4/10
Desert Learning Academy
Public,K-122.6mi
6/10
Palm Springs High School
Public,9-122.6mi
Condition Rating
Good

This property has undergone a significant and recent remodel, featuring new Ascent Luxury Vinyl Plank flooring throughout, Quartz countertops in the kitchen and bathrooms, refinished kitchen cabinetry with modern hardware, new recessed lighting, and stylish refurbished vanities. This makes the unit move-in ready with a fresh, modern aesthetic. However, the kitchen appliances (refrigerator, range, dishwasher) are white and appear to be older models, and the shower enclosure in the bathroom is also an older, dated style. While extensively updated, these specific components prevent it from achieving an 'Excellent' score, as not all elements are new or virtually new to current quality standards. The building itself was constructed in 1979, but the interior renovation is clearly recent and comprehensive enough to warrant a 'Good' rating.
Pros & Cons

Pros

Extensive Modern Remodel: The unit has been beautifully remodeled by CURBIO, featuring Ascent Luxury Vinyl Plank flooring, Quartz countertops, refinished cabinetry, new recessed lighting, and stylish vanities, offering a contemporary and move-in ready living space.
Prime Palm Springs Location & Accessibility: Situated in a desirable southeastern area of Palm Springs, the property is minutes from shopping, dining, cultural attractions, major transportation routes, and Palm Springs International Airport.
Comprehensive Community Amenities: Residents enjoy access to four sparkling pools, four spas, four tennis courts, meticulously maintained lush grounds, and convenient carport and guest parking within the Palm Canyon Villas community.
Strong Investment Potential: The community permits short-term rentals (with a City of Palm Springs Permit), making this an excellent option for generating rental income in a popular tourist destination.
Private Balcony with Mountain Views: The top-floor unit boasts a private balcony offering majestic mountain top views, enhancing the aesthetic appeal and providing a personal outdoor retreat.

Cons

High Monthly HOA Fees: The association fee of $506.0 per month is a significant recurring cost, which can impact affordability and overall ownership expenses for a 1-bedroom unit.
Limited Bedroom Count & Square Footage: With 1 bedroom and 887 sqft, the unit offers limited living space, which may not be suitable for larger households or buyers requiring more dedicated rooms.
Age of Building Structure: Built in 1979, the overall building structure is 45 years old, which could lead to potential future common area maintenance costs or special assessments, despite the unit's interior remodel.

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