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5301 E Waverly Drive, 222, Palm Springs, CA 92264

$298K2bd · 2ba · 979 sqft
Lot 0 sqft•HOA $506/mo•Condominium•
Active
•94d on market•MLS# 219150102

Property Description

Experience the Palm Springs lifestyle you've been dreaming of. This turnkey, fully furnished 2-bedroom, 2-bath condo is nestled in the sought-after Palm Canyon Villas community, where resort-style amenities and an unbeatable South Palm Springs location come together. Whether you're looking for a primary residence, seasonal retreat, or income-producing property, this home checks all the boxes. Move right in and start enjoying everything this home has to offer. The sale includes the furniture (excluding the seller's personal items), making this a truly turnkey opportunity. Enjoy an open-concept layout with spacious living areas, a private enclosed patio, in-unit laundry, elegant crown molding, recessed lighting, and a generously sized primary suite with dual closets. Palm Canyon Villas offers sparkling pools, relaxing spas, tennis courts, and beautifully landscaped grounds. Just minutes from downtown Palm Springs, world-class golf, shopping, dining, and entertainment, this community also permits short-term vacation rentals with a 5-day minimum stay (subject to City of Palm Springs regulations and permitting), adding flexibility and excellent investment potential. HOA is $506 month with a additional amount added for water which on average comes out to $22. Move-in ready and designed for effortless desert living, this exceptional home is ready to welcome its next owner.

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
Central Air
View
Mountain(s), Peek-A-Boo, Pool
Flooring
Carpet, Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byEquity Union, Mayra C Aguiar·760-660-1035

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,506.85
Principal & Interest
Loan Amount
$238,400
Total Interest
$304,066
Total Payment Over 30 Years
$542,466
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 · 5 closed

5301 E Waverly Drive, 222, Palm Springs, CA 92264

Palm Canyon Villas · Palm Springs · Condominium

$298K
Affordable Tier
Beds
2
Baths
2
Sqft
979
Lot
0 sqft
Year
1979
$/Sqft
$304
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 19.2% above the median closed sale of $250,000. Price per sqft ($304) is a 13% premium to closed comps ($270).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $298K· $304/sqft
Total list price
Closed comps
vs closed median $250K
+$48K (+19.2%)
Active comps
vs active median $269K
+$29K (+10.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $271
+$33 (+12.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5301 WaverlyPalm Springs197923979946$275$269,000296
5115 Waverly DrivePalm Springs197822932930$298$277,500595
5301 Waverly DrivePalm Springs1979128870$224$199,000994
5301 Waverly DrivePalm Springs197912887871$303$269,00012089
5301 Waverly DrivePalm Springs197912887854$254$225,000388
Total: 5 · Average1.42.2914.4900.25$270.8$247,90027.8
Median887$269,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5301 Waverly DrivePalm Springs197910/05/202622887871$310,000$310,000$3491.00297
5265 Waverly DrivePalm Springs197910/05/202622945892$209,000$205,000$2170.9811596
5301 Waverly DrivePalm Springs197905/20/2026229790$275,000$275,000$2811.0010796
5125 Waverly DrivePalm Springs197807/02/202622932977$259,000$245,000$2630.9514294
5301 Waverly DrivePalm Springs197908/04/2026221,0421,307$259,000$250,000$2400.964594
Total: 5 · Average2.02.09571,011.75$257,000$257,000$270—82.2
Median945$250,000$250,000

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.