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1500 S Camino Real 301A, Palm Springs, CA 92264

Sale Price: $240,000
Dec 3, 20241,102 sqft2 beds2 baths
Listed by: Douglas Lee
License #: 01463907
Phone #: 650-279-1212
COMPASS
Source:
CRMLS Logo
MLS #: AR24217502

Property Description

Top floor, Penthouse unit! Excellent opportunity to customize this to your own personal preferences. If you are looking for a condo in the highly sought-after South Palm Springs area, look no further than Biltmore Phase III. This single-level condo on the third floor offers easy elevator access. The open kitchen has ample cabinet space, gas stove and bar seating that seamlessly connects to the living area, which includes a wet bar for entertaining. The condo boasts two spacious bedrooms, each with direct access to their own private bathrooms. Plus, they are positioned on opposite sides for maximum privacy. Enjoy stunning western mountain views from the large balcony. Community amenities include carport parking, a community laundry room, an oversized pool, spa, BBQ area, and a cabana with misters for outdoor dining. How luxurious! Conveniently located near downtown and all the popular destinations. It doesn't get better than this! The private land lease is extended to August 31, 2072. The land lease amount is $282.51 per month or $3,390.12 per year. Property needs HVAC repair. Please see attached supplements for seller disclosures. Unit comes with one carport parking spot. Next to the elevator is a door 34A, that has all the storage lockers. Seller did pass away in the condo of natural causes. Lease transfer fee up to $675 depending on financing. Also, AirBNB is NOT allowed. 30 day minimum lease. Be sure to see the 3D matterport tour link.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$4,075

TurboHome Estimated Value

$245,800

$223 sqft

High Valuation
$258,090
$234/sqft
Normal Valuation
$245,800
$223/sqft
Low Valuation
$233,510
$212/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$223/sqft$245,800

Neighborhood: Biltmore (33409)

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Comparative Value

$220K

$240K

$265K

$295K

$310K

$330K

1500 S Camino Real 301A, Palm Springs, CA 92264

List Price: $219,950

Subject Property

1500 S Camino Real 301A, Palm Springs, CA 92264

Sale Price: $240,000

Selected Comparable

1900 S Palm Canyon Dr 12, Palm Springs, CA 92264

Sale Price: $265,000

Selected Comparable

1900 S Palm Canyon Dr 25, Palm Springs, CA 92264

Sale Price: $295,000

Selected Comparable

113 Pali Dr, Palm Springs, CA 92264

Sale Price: $310,000

Selected Comparable

1150 E Palm Canyon Dr 54, Palm Springs, CA 92264

Sale Price: $330,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1500 S Camino Real 301A, Palm Springs, CA 92264

1500 S Camino Real 301A, Palm Springs, CA 92264

List: $219,950

Listed: 12/3/2024

Area:1,102 sqft
Price/sqft:$200
Beds:2
Baths:2
Year Built:
Lot Size:2,629

Comparable Properties

COMPARABLE
Choose comps
1500 S Camino Real 301A, Palm Springs, CA 92264

1500 S Camino Real 301A, Palm Springs, CA 92264

Sale: $240,000

4/23/20250.00 mi

Area:1,102 sqft
Price/sqft:$218
Beds:2
Baths:2
Year Built:
Weight:21.8%
113 Pali Dr, Palm Springs, CA 92264

113 Pali Dr, Palm Springs, CA 92264

Sale: $310,000

4/3/20250.37 mi

Area:1,040 sqft
Price/sqft:$298
Beds:2
Baths:2
Year Built:
Weight:19.9%
1900 S Palm Canyon Dr 25, Palm Springs, CA 92264

1900 S Palm Canyon Dr 25, Palm Springs, CA 92264

Sale: $295,000

4/3/20250.52 mi

Area:1,024 sqft
Price/sqft:$288
Beds:2
Baths:2
Year Built:
Weight:19.4%
1900 S Palm Canyon Dr 12, Palm Springs, CA 92264

1900 S Palm Canyon Dr 12, Palm Springs, CA 92264

Sale: $265,000

3/21/20250.52 mi

Area:1,024 sqft
Price/sqft:$259
Beds:2
Baths:2
Year Built:
Weight:19.4%
1150 E Palm Canyon Dr 54, Palm Springs, CA 92264

1150 E Palm Canyon Dr 54, Palm Springs, CA 92264

Sale: $330,000

4/16/20250.31 mi

Area:1,240 sqft
Price/sqft:$266
Beds:2
Baths:2
Year Built:
Weight:19.4%

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