$575,000

130 W Racquet Club Road 511, Palm Springs, CA 92262

2 beds |
2 baths |
1,310 sqft

Condominium
Built in 1979
—— sqft lot
—— car garage
$439/sqft
Listed 12 days ago

Property Description

130 W Racquet Club Road #511. a cosmetic fixer:Financial & Investment HighlightsValue Play: Listed at $575,000, which sits significantly below the recent comparable sales of $720k-$725k for the same floor plan.Rental Flexibility: Unlike many Palm Springs communities, this complex has no 30-day minimum rental requirement, making it a prime candidate for short-term rental income.Make sure to check with the city on permit availability.Ownership: You own the land (Fee Simple), meaning there are no land lease payments to worry about.HOA Coverage: The monthly dues include essential maintenance like water, trash, roof, exterior painting, and community landscaping.Property Features:Modern Bones: High 10ft ceilings with updated double-pane windows and a ''newish'' HVAC system and water heater reduce the immediate need for major mechanical capital expenditures.Private Amenities: This unit stands out with a private pool, west-facing backyard, and outdoor fireplace, plus three separate patios.Layout & Access: A 2-bedroom, 2-bath configuration. Uniquely, this is one of only two units with an entrance outside the main gates, offering easier access for guests.The ''Cosmetic Fixer'' Opportunity:Since the bathrooms, kitchen, and major systems are already somewhat updated or ''newish,'' the ''fixer'' aspect refers to flooring, paint, landscaping and a few HOA mandated corrections. With the spread between the asking price and recent comps, there is substantial room for equity growth or profit after a light renovation.

Listing Status:: Active
Date Added:: January 26, 2026
Data Last Updated:: February 7, 2026 at 7:16AM
Listing Office:: Bennion Deville Homes : (760) 459-0057
Listing Agent:: Tim Schneider : (760) 861-3197
MLS ID:: 219142106PS

General: Separate/Formal Dining RoomHigh CeilingsMultiple Primary Suites
Appliances: DishwasherElectric RangeDisposalMicrowaveRefrigerator
Laundry: Laundry Closet
A/C: Central Air
Heating: Central
Fireplace: OutsideFireplace

General: CommunityHeatedIn Ground
Style: ContemporaryModern
Pool: CommunityIn GroundPrivate
Parking: AssignedCoveredDetached CarportGuestCommunity StructureParking spaces: 3

Roofing: Foam
General: Stucco1

HOA Amenities: Controlled AccessMaintenance GroundsManagementTrashWaterSewer664.69Monthly
Originating MLS: CRMLS_CDAR
County: Riverside

Zoning: 504361011
View: Mountain(s)View
Fencing: BlockPrivacy

Source: CRMLS_CDAR

Presented by Veterans United Realty

This listing courtesy of Tim Schneider , Bennion Deville Homes

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Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Vista Del Monte Elementary School

2744 N Via Miraleste, Palm Springs, CA, 92262

Grades KG-5

0.36 miles away

Raymond Cree Middle School

1011 E Vista Chino, Palm Springs, CA, 92262

Grades 6-8

0.89 miles away

Palm Springs High School

2401 E Baristo Rd, Palm Springs, CA, 92262

Grades 9-12

2.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.