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1150 E Palm Canyon Drive, 51, Palm Springs, CA 92264

$500K3bd · 2ba · 1,659 sqft
Lot 1,340 sqft•HOA $707/mo•Condominium•
Active
•25d on market•MLS# 219152802

Property Description

Welcome to Rancho La Paz, a beautifully maintained gated community in the highly sought-after Deepwell neighborhood of South Palm Springs. NOT LEASED LAND! Ideally located, this end-unit, one level, no one above, condominium is within walking distance of Smoketree Shopping Center, Elmer's Restaurant, and Koffi, and just a five-minute drive from the vibrant shops, restaurants, and entertainment of downtown Palm Springs. Offering 1,659 square feet of thoughtfully designed living space, this spacious three-bedroom, two-bath Condo features soaring ceilings, clerestory windows that fill the interior with natural light, and an open-concept living and dining area that's perfect for relaxing or entertaining. The primary suite is thoughtfully separated from the two guest bedrooms, creating a peaceful and private retreat. The main living areas feature easy-care tile flooring, while the bedrooms are comfortably carpeted. Soft white walls and freshly painted kitchen cabinetry create a bright, neutral palette that complements any design style--from iconic Mid-Century Modern to contemporary or traditional. This is truly a blank canvas, ready for its next owner to add their personal touch and make it shine. Step outside to your expansive patio, where beautiful mountain views provide the perfect backdrop for morning coffee, afternoon lounging, or evening BBQs with family and friends. NEW HVAC installed just 5 years ago! There is also a Kitchen Water Filtration System also connected to the Refrigerator. Residents of Rancho La Paz enjoy resort-style amenities including three sparkling pools, three spas, tennis and pickleball courts, a dog park, EV Charging Station, and beautifully landscaped grounds. The HOA also permits 30-day minimum rentals, making this property an excellent choice as a full-time residence, seasonal getaway, or income-producing investment. Whether you're searching for a stylish desert retreat, a vacation home, or an investment opportunity in one of Palm Springs' most desirable neighborhoods, this home offers the ideal combination of location, lifestyle, and value.

Features & Amenities

Rancho La PazFeeBuilt 1980

Property Details

Subdivision
Rancho La Paz
Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Forced Air, Natural Gas
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Tile
Roof
Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byMavar Realty, Nanci Mavar·949-500-0494

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,527.77
Principal & Interest
Loan Amount
$399,920
Total Interest
$510,076
Total Payment Over 30 Years
$909,996
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Rancho La Paz

This property is located in Rancho La Paz, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Rancho La Paz Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1150 E Palm Canyon Drive, 51, Palm Springs, CA 92264

Rancho La Paz · Palm Springs · Condominium

$500K
Affordable Tier
Beds
3
Baths
2
Sqft
1,659
Lot
1,340 sqft
Year
1980
$/Sqft
$301
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 22.1% below the median closed sale of $642,000. Price per sqft ($301) is a 23% discount to closed comps ($391).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $500K· $301/sqft
Total list price
Closed comps
vs closed median $642K
−$142K (−22.1%)
Active comps
vs active median $449K
+$51K (+11.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $321
−$20 (−6.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2515 Whitewater Club DrivePalm Springs1972321,4271,162$266$379,000577
2620 Whitewater Club DrivePalm Springs1978221,4201,742$211$299,0003077
737 Madrid CirclePalm Springs1972321,3870$427$592,0002776
688 Vallarta CirclePalm Springs1972321,3871,742$389$539,0004676
2338 Los Patos DrivePalm Springs1977331,428699$314$449,0003176
Total: 5 · Average2.82.21,409.81,336.25$321.4$451,60027.8
Median1,420$449,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
200 Racquet Club RoadPalm Springs198609/22/2026321,5370$479,000$475,000$3090.999880
2863 Sundance CirclePalm Springs198208/19/2026221,7420$679,000$642,000$3690.9513677
2671 Whitewater Club DrivePalm Springs198209/29/2026321,6772,178$419,000$399,000$2380.9511577
760 La VernePalm Springs196509/08/2026221,7330$900,000$900,000$5191.005676
240 Stevens RoadPalm Springs198508/24/2026231,6220$885,000$845,000$5210.9514574
Total: 5 · Average2.42.21,662.22,178$652,200$652,200$391.2—110
Median1,677$642,000$642,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.