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$540,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,310 Sq. Ft.
  • Updated 12 days ago
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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.

Full Property Details for 130 W Racquet Club Rd #511

General

  • Sold For: $540,000
  • HOA FEE: $665/month
  • Status: Closed
  • Type: Condo
  • Source: Desert_Area_Palm_Springs
  • MLS ID: 219142106
  • Added to Site: 60 day(s) ago

Interior

  • Rooms/Areas: Living Room, Dining Area
  • Interior Features: High Ceilings (9 Ft+), Closet Laundry (Stacked)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Exterior
  • Eating Areas: Dining Area
  • Appliances: Dryer, Electric Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Dual Entry-Jack & Jill

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: 2 Primary Bedrooms

Other Rooms

  • Laundry: In Closet

Additional Information

  • Shared Amenities: Controlled Access, Management, Maintenance Grounds, Guest Parking
  • Pool: Yes
  • Pool Description: Community, Private, In Ground, Community, Private, In Ground, Private, Community
  • Spa: Yes
  • Spa Description: In Ground, Community, Heated
  • Security/Safety: Other

Parking

  • Carport Spaces: 1
  • Uncovered Spaces: 2
  • Total Spaces: 3
  • Parking: Assigned, Covered, Guest, Community Structure, Detached Carport

Location

  • Area: 331 - Palm Springs North End
  • County: Riverside
  • Subdivision: Club Condominiums
  • Cross Streets: Indian Canyon Dr

Community

  • Gated community: Yes
  • Association: Yes
  • Assoc. Fees Include: Building & Grounds, Water, Trash, Sewer
  • Pet Restrictions: Association Pet Rules, Call

Heating & Cooling

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating Type: Central

Utilities

  • Sewer: In, Connected and Paid

Structural Information

  • Architectural Style: Contemporary, Modern
  • Detached/Attached: Yes
  • Exterior Const.: Stucco
  • Roof: Foam
  • Sprinklers: Yes
  • Stories/Levels: 1
  • Square Feet: 1,310
  • Sq. Ft. Source: Assessor
  • Year Built: 1979
  • Year Built Source: Assessor
  • Property Condition: Cosmetic Repair
  • Other Struct. Feat.: End Unit

Unit Information

  • Units in Complex: 56
  • Unit Location: End Unit, Outside Unit

Lot Features

  • Mountain views: Yes
  • Lot Size Source: Other
  • Irrigation System: Sprinkler System
  • Lot Description: Backyard
  • Fencing (Description): Block, Privacy

Financial Considerations

  • Price Per Sq. Ft.: $438
  • Association Fee: Yes
  • Assoc Fee Freq.: Monthly
  • Assoc Fee /Month: $665
  • Terms: Cash to New Loan

Disclosures and Reports

  • APN: 504361011

Listed by Bennion Deville Homes, Tim R Schneider
Sold by Apryl N Lundsten

Listing agent

— 130 W Racquet Club Rd #511 —

  • Tim R Schneider

    Bennion Deville Homes

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 130 W Racquet Club Rd #511

School District:Palm Springs Unified School District
NameGradesDistance
Katherine Finchy Elementary School
777 East Tachevah Drive, Palm Springs, CA 92262
K-51.2 mi
Raymond Cree Middle School
1011 East Vista Chino, Palm Springs, CA 92262
6-80.9 mi
Palm Springs High School
2401 East Baristo Road, Palm Springs, CA 92262
9-122.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 130 W Racquet Club Rd #511

Date
Details
Price
Change
Source
3/13/2026
Sold
$540,000
-6.09%
MLS
1/26/2026
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Bennion Deville Homes, Tim R Schneider
Sold by Apryl N Lundsten

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130 W Racquet Club Road #511, Palm Springs, CA 92262 (MLS# 219142106) is a Condo property that was sold at $540,000 on March 13, 2026. Want to learn more about 130 W Racquet Club Road #511? Do you have questions about finding other Condo real estate for sale in Palm Springs? You can browse all Palm Springs real estate or contact a Coldwell Banker agent to request more information.