1111 East Palm Canyon Drive, 126, Palm Springs, CA 92264
1111 East Palm Canyon Drive, 126, Palm Springs, CA 92264
Property Description
This perfect Palm Springs hideaway is ideal as a vacation home, seasonal rental, or effortless full-time residence located in an STR-friendly community that has not yet reached the city cap.(Buyer to verify) Nestled in the iconic Twin Palms neighborhood, the legendary Ocotillo Lodge was designed by renowned architects William Krisel and Dan Palmer and built by the Alexander Construction Company in 1957. Originally a glamorous hotel that welcomed celebrity guests, it was later converted into condominiums in 1995 and now the community is actively preserving its timeless Mid-Century style. Recently recognized as a Class 1 Historic District by the City of Palm Springs, the designation allows owners to apply for a Mills Act .Some neighbors are saving 70% property taxes! (buyer to verify, call listing agent for details) Reimagine this mid-century condo and start enjoying everything you need for easy resort living. Large sliding glass doors from both the living room and bedroom open to a private patio with mountain views. Enjoy the resort-style amenities including the iconic champagne-cork-shaped heated pool, two year-round spas, an on-site fitness center, and BBQ area. Monthly HOA fees include ALL utilities internet, cable, electricity, water, trash, gym access, and common area maintenance. Now is the perfect time to put your own personal touch on this condo and start enjoying the fabulous lifestyle that Ocotillo Lodge has to offer.
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About Ocotillo Lodge
This property is located in Ocotillo Lodge, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Ocotillo Lodge ListingsComparative Market Analysis
Affordable Tier · 3 active · 3 closed
Ocotillo Lodge · Palm Springs · Condominium
Listed 4.3% below the median closed sale of $282,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 124 days on market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1111 Palm Canyon Drive | Palm Springs | 1957 | 1 | 1 | 525 | 578 | $824 | $432,500 | 24 | 95 |
| 1111 Palm Canyon | Palm Springs | 1956 | 1 | 1 | 525 | 0 | $609 | $319,900 | 94 | 89 |
| 1111 Palm Canyon Drive | Palm Springs | 1995 | 1 | 1 | 525 | 584 | $600 | $315,000 | 6 | 89 |
| Total: 3 · Average | 1.0 | 1.0 | 525 | 581 | $677.667 | $355,800 | 41.333333333333336 | |||
| Median | 525 | $319,900 | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1111 Palm Canyon Drive | Palm Springs | 1957 | 09/08/2026 | 1 | 1 | 525 | 556 | $255,000 | $255,000 | $486 | 1.00 | 171 | 92 |
| 1111 Palm Canyon Drive | Palm Springs | 1995 | 09/04/2026 | 1 | 1 | 525 | 600 | $315,000 | $300,000 | $571 | 0.95 | 62 | 88 |
| 1111 Palm Canyon Drive | Palm Springs | 1995 | 07/20/2026 | 1 | 1 | 525 | 0 | $319,000 | $282,000 | $537 | 0.88 | 140 | 85 |
| Total: 3 · Average | 1.0 | 1.0 | 525 | 578 | $279,000 | $279,000 | $531.333 | — | 124.33333333333333 | ||||
| Median | 525 | $282,000 | $282,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.