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5301 E Waverly Drive, 199, Palm Springs, CA 92264

$199K1bd · 2ba · 887 sqft
Lot 0 sqft•HOA $506/mo•Condominium•
Active
•11d on market•MLS# 219153540

Property Description

Welcome to resort-style living in the heart of Palm Springs! Located in the desirable Palm Canyon Villas, this beautifully situated 1-bedroom, 2-bath condo offers 887 square feet of comfortable living space. Enjoy the true Palm Springs lifestyle with breathtaking mountain views, swaying palm trees, and an unbeatable setting just minutes from shopping, dining, and entertainment. The thoughtfully designed layout provides a spacious feel, perfect for both relaxing and entertaining, with the added convenience of a second bathroom for guests. Surrounded by lush landscaping, palm trees, and stunning mountain views, this community captures everything people love about desert living. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this condo checks all the boxes. Priced to sell--don't miss your chance to own a piece of paradise!

Features & Amenities

Palm Canyon VillasFeeBuilt 1979

Property Details

Subdivision
Palm Canyon Villas
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Central
Cooling
Air Conditioning, Ceiling Fan(s)
View
Mountain(s), Pool
Flooring
Ceramic Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byC 21 Coachella Valley RE, Tanya Moreno·760-343-6115

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,006.25
Principal & Interest
Loan Amount
$159,200
Total Interest
$203,051
Total Payment Over 30 Years
$362,251
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Palm Canyon Villas

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

View Palm Canyon Villas Listings

Comparative Market Analysis

Affordable Tier · 5 active · 4 closed

5301 E Waverly Drive, 199, Palm Springs, CA 92264

Palm Canyon Villas · Palm Springs · Condominium

$199K
Affordable Tier
Beds
1
Baths
2
Sqft
887
Lot
0 sqft
Year
1979
$/Sqft
$224
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 21.2% below the median closed sale of $252,500. Price per sqft ($224) is a 16% discount to closed comps ($268).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $199K· $224/sqft
Total list price
Closed comps
vs closed median $255K
−$56K (−22.0%)
Active comps
vs active median $185K
+$14K (+7.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $322
−$98 (−30.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
575 Villa CourtPalm Springs198111589589$304$179,0003471
2860 Los Felices RoadPalm Springs198111589624$340$199,9994171
2800 Los Felices CirclePalm Springs198211589436$288$169,9003371
2809 Los Felices CirclePalm Springs1982115890$365$215,0004771
2857 Los FelicesPalm Springs198111589700$314$185,00010170
Total: 5 · Average1.01.0589587.25$322.2$189,779.851.2
Median589$185,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5125 Waverly DrivePalm Springs197807/02/202622932977$259,000$245,000$2630.9514291
5301 Waverly DrivePalm Springs197905/20/2026229790$275,000$275,000$2811.0010789
5301 Waverly DrivePalm Springs197909/02/2026228870$259,000$255,000$2870.985289
5301 Waverly DrivePalm Springs197908/04/2026221,0421,307$259,000$250,000$2400.964588
Total: 4 · Average2.02.09601,142$256,250$256,250$267.75—86.5
Median979$255,000$255,000

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.