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1111 E Palm Canyon Dr 326, Palm Springs, CA 92264

List Price: $465,000On Market FlagOn market
Apr 24, 2025525 sqft1 beds1 baths
Listed by: Mark Stilwell
License #: 01247865
Phone #: 760-844-7500
HomeSmart Professionals
Source:
CRMLS Logo
MLS #: 25529445PS

Property Description

TURNKEY HIGH-END CONDO Perfect Vacation Rental Opportunity at the Iconic Ocotillo Lodge Welcome to your dream Palm Springs retreat! This fully remodeled, designer-furnished bungalow is located in the legendary Ocotillo Lodge one of Palm Springs' most iconic mid-century modern communities. Nestled in the Twin Palms neighborhood, this south-facing unit offers stunning views of the San Jacinto Mountains and seamless indoor-outdoor living. Designed by renowned architects William Krisel and Dan Saxon Palmer and built in 1956 by the Alexander Company, the Ocotillo Lodge was originally a glamorous hotel known for attracting Hollywood's elite. It was later converted into condominiums in 1995, preserving its timeless charm and architectural integrity. This unit is turnkey and move-in ready ideal as a stylish personal escape or a lucrative vacation rental. The interior with washer and dryer has been thoughtfully renovated with high-end finishes and curated designer furnishings that complement the home's mid-century roots while delivering modern comfort and flair. As a designated Class 1 Historic District in the City of Palm Springs, the Ocotillo Lodge offers owners the opportunity to apply for a Mills Act Contract, which may provide substantial property tax savings. Fabulous community amenities include a champagne cork-shaped swimming pool, two hot tubs, a clubhouse with pool tables and piano, a community gym, and an outdoor Sunshine Bar complete with a built-in grill perfect for entertaining or relaxing in classic Palm Springs style. Even better? Monthly HOA dues cover all utilities, including electricity, water, trash, cable TV, and internet providing peace of mind and true lock-and-leave convenience. Whether you're looking for an investment property, a desert hideaway, or a historically significant full-time residence, this rare gem delivers architectural pedigree, resort-style living, and timeless Palm Springs charm.
Assignment
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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

$7,248

TurboHome Estimated Value

$474,100

$903 sqft

High Valuation
$497,805
$948/sqft
Normal Valuation
$474,100
$903/sqft
Low Valuation
$450,395
$858/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$903/sqft$474,100

Neighborhood: Ocotillo Lodge

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Comparative Value

$336K

$400K

$455K

$465K

$495K

$500K

1111 E Palm Canyon Dr 220, Palm Springs, CA 92264

Sale Price: $336,000

Selected Comparable

1111 E Palm Canyon Dr 102, Palm Springs, CA 92264

Sale Price: $400,000

Selected Comparable

1111 E Palm Canyon Dr 365, Palm Springs, CA 92264

Sale Price: $455,000

Selected Comparable

1111 E Palm Canyon Dr 326, Palm Springs, CA 92264

List Price: $465,000

Subject Property

1111 E Palm Canyon Dr 345, Palm Springs, CA 92264

Sale Price: $495,000

Selected Comparable

1111 E Palm Canyon Dr 340, Palm Springs, CA 92264

Sale Price: $500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1111 E Palm Canyon Dr 326, Palm Springs, CA 92264

1111 E Palm Canyon Dr 326, Palm Springs, CA 92264

List: $465,000

Listed: 4/24/2025

Area:525 sqft
Price/sqft:$886
Beds:1
Baths:1
Year Built:
Lot Size:569

Comparable Properties

COMPARABLE
Choose comps
1111 E Palm Canyon Dr 220, Palm Springs, CA 92264

1111 E Palm Canyon Dr 220, Palm Springs, CA 92264

Sale: $336,000

7/17/20250.00 mi

Area:525 sqft
Price/sqft:$640
Beds:1
Baths:1
Year Built:
Weight:22.2%
1111 E Palm Canyon Dr 102, Palm Springs, CA 92264

1111 E Palm Canyon Dr 102, Palm Springs, CA 92264

Sale: $400,000

9/3/20240.00 mi

Area:525 sqft
Price/sqft:$762
Beds:1
Baths:1
Year Built:
Weight:19.9%
1111 E Palm Canyon Dr 365, Palm Springs, CA 92264

1111 E Palm Canyon Dr 365, Palm Springs, CA 92264

Sale: $455,000

6/18/20250.00 mi

Area:610 sqft
Price/sqft:$746
Beds:1
Baths:1
Year Built:
Weight:19.7%
1111 E Palm Canyon Dr 340, Palm Springs, CA 92264

1111 E Palm Canyon Dr 340, Palm Springs, CA 92264

Sale: $500,000

4/2/20250.00 mi

Area:590 sqft
Price/sqft:$847
Beds:1
Baths:1
Year Built:
Weight:19.3%
1111 E Palm Canyon Dr 345, Palm Springs, CA 92264

1111 E Palm Canyon Dr 345, Palm Springs, CA 92264

Sale: $495,000

1/17/20250.00 mi

Area:590 sqft
Price/sqft:$839
Beds:1
Baths:1
Year Built:
Weight:18.9%

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