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2345 South Cherokee Way, 137, Palm Springs, CA 92264

$335K2bd · 3ba · 1,225 sqft
Lot 0 sqft•HOA $847/mo•Condominium•
Active
•215d on market•MLS# PS-26650269

Property Description

TURNKEY PALM SPRINGS RETREAT WITH DAILY RENTAL FLEXIBILITY IN OASIS RESORT. Welcome to Oasis Resortone of the few communities in Palm Springs where owners can rent their property by the day, week, or month. With optional on-site management available, this home offers a rare opportunity to enjoy a personal Palm Springs getaway while also generating rental income. Whether used as a vacation home or full-time residence, the flexibility of Oasis Resort makes ownership uniquely versatile. FULLY FURNISHED AND READY TO ENJOY. This beautifully maintained residence is offered fully turnkeyincluding furnishings, linens, kitchenware, and household essentialsallowing you to arrive and begin enjoying Palm Springs immediately. Wake up on your first morning in your new home and make a cup of coffee without unpacking a single box. The well-equipped kitchen, in-unit laundry, and garage parking provide everyday convenience whether you're staying for the weekend, the season, or welcoming guests. INDOOR-OUTDOOR DESERT LIVING. The bright interior features vaulted ceilings and generous natural light throughout. Sliding glass doors open to a spacious north-facing terrace overlooking lush resort landscaping with mountain views beyondan ideal setting for outdoor dining, relaxing in the shade, or entertaining friends and guests. The expansive covered terrace extends the living space outdoors and captures beautiful desert scenery framed by palms and surrounding mountains. ELEVATED FRONT PORCH VIEWS. At the front of the home, an elevated porch captures beautiful views of the Araby Hills and surrounding desert landscape. This welcoming space is perfect for morning coffee, reading, or creating a peaceful contemplation or meditation nook while enjoying the quiet atmosphere of the community. IDEAL HOSTING FLOOR PLAN. The thoughtfully designed layout features two spacious bedroom suites, each with its own bathroom, providing excellent privacy for guests or a comfortable roommate configuration. Vaulted ceilings enhance the sense of space in both bedrooms, and the primary suite enjoys direct patio access for seamless indoor-outdoor living. RESORT-STYLE AMENITIES. Oasis Resort offers beautifully landscaped grounds and an exceptional collection of amenities including eight swimming pools, nine spa hot tubs, tennis courts, pickleball courts, bocce ball courts, and walking paths throughout the community. The clubhouse features a fitness room, lounge areas, and a poolside outdoor kitchen and grillperfect for gathering with friends and neighbors. PRIME SOUTH PALM SPRINGS LOCATION. Conveniently located near Smoke Tree Shopping Center, Smoke Tree Commons, and Canyon Plaza Shopping Center, the home is also close to many of Palm Springs' most beloved lifestyle destinations. Enjoy easy access to the Backstreet and Prez Art Districts, hiking trails, golf courses, restaurants, and the vibrant culture that defines Palm Springs living. INVESTOR OPPORTUNITY. One of the few Palm Springs communities allowing daily vacation rentals.

Features & Amenities

Oasis Resort CondosLeaseBuilt 1986

Property Details

Subdivision
Oasis Resort Condos
Land Type
Lease
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Heating
None, Central
Cooling
Central Air
View
Mountain(s), Pool
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byUnknown Office, Timothy State

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,693.94
Principal & Interest
Loan Amount
$268,000
Total Interest
$341,819
Total Payment Over 30 Years
$609,819
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Oasis Resort Condos

This property is located in Oasis Resort Condos, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Oasis Resort Condos Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2345 South Cherokee Way, 137, Palm Springs, CA 92264

Oasis Resort Condos · Palm Springs · Condominium · Lease Land

$335K
Affordable Tier
Beds
2
Baths
3
Sqft
1,225
Lot
0 sqft
Year
1986
$/Sqft
$273
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 11.8% below the median closed sale of $380,000. Price per sqft ($273) is a 19% discount to closed comps ($338).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $335K· $273/sqft
Total list price
Closed comps
vs closed median $380K
−$45K (−11.8%)
Active comps
vs active median $298K
+$37K (+12.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $324
−$51 (−15.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5301 WaverlyPalm Springs197923979946$275$269,000274
454 Bradshaw LanePalm Springs198322960941$297$285,000172
5803 Los Santos DrivePalm Springs1974221,0663,049$389$414,99910670
5301 Waverly DrivePalm Springs1979229790$304$298,0009369
2023 Via MiralestePalm Springs1980221,0341,490$356$368,0003069
Total: 5 · Average2.02.21,003.61,606.5$324.2$326,999.846.4
Median979$298,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
401 Vista ChinoPalm Springs198509/25/2026231,0953,049$285,850$270,000$2470.949175
2601 Broadmoor DrivePalm Springs198510/09/2026221,1300$335,000$320,000$2830.9513774
815 Arenas RoadPalm Springs197909/01/2026221,1760$425,000$407,500$3470.9613373
200 Racquet ClubPalm Springs198609/01/2026221,4003,920$410,000$380,000$2710.9313072
4760 Winners CirclePalm Springs198009/22/2026221,2861,910$695,000$695,000$5401.004871
Total: 5 · Average2.02.21,217.42,959.667$414,500$414,500$337.6—107.8
Median1,176$380,000$380,000

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.