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861 Village Square North, Palm Springs, CA 92262

$460K3bd · 3ba · 1,880 sqft
Lot 1 sqft•HOA $780/mo•Condominium•
Active
•31d on market•MLS# SB-26198225

Property Description

PRICE REDUCTION and...LOCATION, LOCATION, LOCATION! Enjoy stylish resort living in a gated community just minutes from downtown Palm Springs, with incredible boutique shopping, fabulous dining, golf, hiking, and all the best the desert has to offer. This beautifully remodeled 3-bedroom, 3-bath condo has been thoughtfully updated from top to bottom with warm, modern finishes throughout. Light, bright, and inviting, the home features high ceilings, quartz countertops, stainless steel appliances, a wet bar, fireplace, and a spacious living area perfect for relaxing or entertaining. The primary suite includes dual sinks in the beautifully updated bathroom, while a private patio offers pretty mountain and garden views and the perfect place to enjoy the Palm Springs lifestyle. This gated community offers resort-style amenities including multiple pools and spas, tennis courts, racquetball courts, and a fitness center. Complete with a private garage, this home is absolutely turnkey and ready to enjoy from day one. Beautifully remodeled, perfectly located, and filled with desirable features—this home truly has it all. Move right in and start enjoying Palm Springs!

Features & Amenities

Village Racquet ClubLeaseBuilt 1985

Property Details

Subdivision
Village Racquet Club
Land Type
Lease
Year Built
1985
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Pool
Flooring
Vinyl
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byUnknown Office, Tara Hackley

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,326.01
Principal & Interest
Loan Amount
$368,000
Total Interest
$469,364
Total Payment Over 30 Years
$837,364
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Village Racquet Club

This property is located in Village Racquet Club, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Village Racquet Club Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

861 Village Square North, Palm Springs, CA 92262

Village Racquet Club · Palm Springs · Condominium · Lease Land

$460K
Affordable Tier
Beds
3
Baths
3
Sqft
1,880
Lot
1 sqft
Year
1985
$/Sqft
$245
Pool: Yes✓
Spa: Yes✓
View: Pool✓
Garage: 2-car✓

Listed 39.7% below the median closed sale of $762,500. Price per sqft ($245) is a 38% discount to closed comps ($397).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $460K· $245/sqft
Total list price
Closed comps
vs closed median $763K
−$303K (−39.7%)
Active comps
vs active median $719K
−$259K (−36.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $391
−$146 (−37.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2615 Whitewater Club DrivePalm Springs1978321,6900$257$435,0007569
3600 Bogert TrailPalm Springs1979221,7710$409$725,0004168
1530 Kaweah RoadPalm Springs1985231,6221,306$521$845,0003867
1251 Tiffany CirclePalm Springs1979231,7242,178$417$718,8003367
1742 Camino ParocelaPalm Springs1973331,6901,288$352$595,0003066
Total: 5 · Average2.42.61,699.41,590.667$391.2$663,76043.4
Median1,690$718,800

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
240 Stevens RoadPalm Springs198508/24/2026231,6220$885,000$845,000$5210.9514571
2232 Oakcrest DrivePalm Springs197310/05/2026321,9442,974$788,000$765,000$3940.974769
2995 Sundance CirclePalm Springs198209/23/2026221,8554,791$775,000$762,500$4110.9811769
2910 Cervantes CourtPalm Springs198010/01/2026232,1202,178$625,000$615,000$2900.985468
2863 Sundance CirclePalm Springs198208/19/2026221,7420$679,000$642,000$3690.9513668
Total: 5 · Average2.22.41,856.63,314.333$725,900$725,900$397—99.8
Median1,855$762,500$762,500

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.