500 W Arenas Rd 1, Palm Springs, CA 92262 - View 1
500 W Arenas Rd 1, Palm Springs, CA 92262 - View 2
500 W Arenas Rd 1, Palm Springs, CA 92262 - View 3

500 W Arenas Rd 1, Palm Springs, CA 92262

Sale Price: $785,000
Aug 19, 20241,432 sqft2 beds3 baths
Listed by: Randy Wiemer
License #: 01704307
Phone #: 760-333-7747
BHG Desert Lifestyle Properties
Source:
CRMLS Logo
MLS #: 24429621

Property Description

Step into the heart of Palm Springs' architectural renaissance with this stunning mid-century gem. Designed by visionary Herbert W. Burns, a pioneer of the Desert Modernism movement, this architectural masterpiece is a testament to the city's rich history. Fabulous Mid-Century Architecture: Embrace the timeless elegance of mid-century design with clean lines and striking accents that define this remarkable property. Wake up to breathtaking views of the majestic mountains every day, right from your own balcony. Amazing Downtown Location: Located just a block and a half from the vibrant downtown area, you'll be at the heart of the action, with great restaurants, shopping, casinos, and outdoor activities right at your doorstep. Resort-Style Living: Dive into the refreshing pool and relax in the spa, just steps away from your front door. Property Details: This unique condo offers a two-level townhouse style layout with two spacious bedrooms and two baths on the upper level, accessible via a mod spiral staircase. The main level features a generous living and dining area, perfect for entertaining, along with a convenient powder room. The kitchen is both spacious and functional, offering ample storage for all your culinary needs. Step outside to your private downstairs patio for a more secluded escape or head up to the balcony to soak in the stunning views of the mountains and pool area. The roof and skylights are new as of December 2023. This unit is being offered furnished, so you can move in and start enjoying the Palm Springs lifestyle immediately. Named after the historic "The Tennis Club Resort," this neighborhood is steeped in Palm Springs history, and you'll be part of it! This is your chance to own a piece of architectural history and be a part of the ongoing preservation revolution that has made Palm Springs a global architectural icon. Experience true Palm Springs living at 500 W. Arenas - where mid-century dreams become reality!
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

$9,651

TurboHome Estimated Value

$714,200

$499 sqft

High Valuation
$749,910
$524/sqft
Normal Valuation
$714,200
$499/sqft
Low Valuation
$678,490
$474/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$499/sqft$714,200

Neighborhood: Tennis Club - 500 West

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Comparative Value

$650K

$679K

$749K

$785K

$840K

411 W Arenas Rd 6, Palm Springs, CA 92262

Sale Price: $650,000

Selected Comparable

651 E Arenas Rd, Palm Springs, CA 92262

Sale Price: $679,000

Selected Comparable

727 E Arenas Rd, Palm Springs, CA 92262

Sale Price: $749,000

Selected Comparable

500 W Arenas Rd 1, Palm Springs, CA 92262

List Price: $785,000

Subject Property

500 W Arenas Rd 1, Palm Springs, CA 92262

Sale Price: $785,000

Selected Comparable

500 W Arenas Rd 2, Palm Springs, CA 92262

Sale Price: $840,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
500 W Arenas Rd 1, Palm Springs, CA 92262

500 W Arenas Rd 1, Palm Springs, CA 92262

List: $785,000

Listed: 8/19/2024

Area:1,432 sqft
Price/sqft:$548
Beds:2
Baths:3
Year Built:
Lot Size:642

Comparable Properties

COMPARABLE
Choose comps
411 W Arenas Rd 6, Palm Springs, CA 92262

411 W Arenas Rd 6, Palm Springs, CA 92262

Sale: $650,000

4/30/20250.06 mi

Area:1,400 sqft
Price/sqft:$464
Beds:2
Baths:3
Year Built:
Weight:21.6%
500 W Arenas Rd 2, Palm Springs, CA 92262

500 W Arenas Rd 2, Palm Springs, CA 92262

Sale: $840,000

2/28/20250.00 mi

Area:1,486 sqft
Price/sqft:$565
Beds:2
Baths:3
Year Built:
Weight:21.1%
500 W Arenas Rd 1, Palm Springs, CA 92262

500 W Arenas Rd 1, Palm Springs, CA 92262

Sale: $785,000

8/19/20240.00 mi

Area:1,432 sqft
Price/sqft:$548
Beds:2
Baths:3
Year Built:
Weight:20.7%
651 E Arenas Rd, Palm Springs, CA 92262

651 E Arenas Rd, Palm Springs, CA 92262

Sale: $679,000

2/3/20250.59 mi

Area:1,596 sqft
Price/sqft:$425
Beds:2
Baths:3
Year Built:
Weight:18.4%
727 E Arenas Rd, Palm Springs, CA 92262

727 E Arenas Rd, Palm Springs, CA 92262

Sale: $749,000

11/22/20240.62 mi

Area:1,596 sqft
Price/sqft:$469
Beds:2
Baths:3
Year Built:
Weight:18.2%

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