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550 N Villa Court 205, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

550 N Villa Court 205, Palm Springs, California 92262 home-pic-0
ACTIVE$205,000
550 N Villa Court 205, Palm Springs, California 92262
1Bed
1Bath
589Sqft
Lot
Year Built
1981
Close
-
List price
$205K
Original List price
$220K
Price/Sqft
$348
HOA
$550
Days on market
-
Sold On
-
MLS number
219116869DA
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $205.0K(20th), sqft - 589(22th), beds - 1(38th), baths - 1(37th).

SELLER IS OPEN TO REVIEWING ALL REASONABLE OFFERS. Top floor renovated condo in popular location on north end near the Palm Springs Tramway facing north with a Chocolate mounting view. This unit has a nicely renovated kitchen and bath.. Here is your escape or investment property. Can be sold turnkey furnished per inventory list based on offer negotiaiton. This condo has been renovated with a modern feel and ready for your enjoyment. The kitchen is renovated and light bright feel and has a dishwasher. The bathroom also has a renovated and modern look with large shower stall for ease of use and large toiletry cabinet. Off the living room, you can enjoy your times on the balcony enjoying the north mountain view. Live in it or rent it out on a 30-day basis or full time. It has a north facing view and a manageable size for easy upkeep. Unit comes with dedicated carport parking right in front of unit. Enjoy the 4 tennis courts, 5 pools and spas, and greenbelt grounds. Conveniently located a short distance to downtown Palm Springs, all the valley events, and the 10 freeway. Monthly HOA dues are $550 and include water, sewer, trash. (No Lease Land dues here).

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.8mi
7/10
Katherine Finchy Elementary School
Public,•K-5•1.7mi
4/10
Cahuilla Elementary School
Public,•K-5•3.6mi
4/10
Raymond Cree Middle School
Public,•6-8•1.4mi
6/10
Palm Springs High School
Public,•9-12•3.4mi
4/10
Desert Learning Academy
Public,•K-12•3.5mi

Price History

Date
Event
Price
08/12/25
Price Change
$205,000
09/18/24
Listing
$220,000
Condition Rating
Good
This condo, built in 1981, has undergone a recent and significant renovation of its kitchen and bathroom, as stated in the description and evidenced by the modern white flat-panel cabinetry, light countertops, and patterned tile flooring in the kitchen. The bathroom is also described as having a 'modern look.' While some kitchen appliances (range, microwave, refrigerator) appear older and the living areas retain older carpeting, the key areas are updated, making the property move-in ready with no immediate renovation required. This aligns well with the 'Good' condition criteria, indicating a property that has been extensively renovated within the last 5-15 years, even if not every component is brand new.
Pros & Cons

Pros

Renovated Interior: The condo features a nicely renovated kitchen and bathroom with a modern feel, including a large shower stall and dishwasher, reducing immediate buyer expenses.
Investment & Rental Flexibility: The property is suitable as an escape or investment, offering the flexibility for 30-day or full-time rentals, and can be sold turnkey furnished.
Extensive Community Amenities: Residents have access to 4 tennis courts, 5 pools and spas, and well-maintained greenbelt grounds, enhancing lifestyle appeal.
Prime Location & Views: Located on the north end near the Palm Springs Tramway, with a desirable north mountain view, and conveniently close to downtown Palm Springs, valley events, and the I-10 freeway.
Practical Features: Includes dedicated carport parking right in front of the unit and a manageable size for easy upkeep, adding convenience for the owner.

Cons

High HOA Dues: Monthly HOA dues of $550 are relatively high for a 589 sqft unit, potentially impacting affordability and investment returns, even with included utilities.
Small Square Footage: At 589 sqft, the unit is quite small, which may limit its appeal to a broader range of buyers seeking more living space.
Recent Price Reduction: The property has seen a recent price reduction from $220,000 to $205,000, which could indicate initial overpricing or slower market absorption.

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