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$325,000
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Property Description
Turnkey Palm Springs Investment Opportunity on FEE Land - Seller Offering to Cover Buyer's Closing Costs!Welcome to 5265 E Waverly Dr #72--a bright, updated 2-bedroom, 2-bath upper-level condo in the highly desirable Palm Canyon Villas. The seller is motivated and will cover the buyer's closing costs when using the seller's preferred escrow company, making this an exceptional opportunity for savvy buyers or investors.Whether you're seeking a full-time residence, weekend escape, or income-producing vacation rental, this property checks all the boxes--and it's located on fee land (you own the land, no lease fees!).Inside, you'll find a stylish open layout with vinyl plank flooring, upgraded bathrooms, and a well-appointed kitchen. The primary suite offers generous closet space, while the second bedroom is ideal for guests or a dedicated office. In-unit laundry and a brand-new AC installed in September 2024 add year-round comfort and convenience.Unwind on the spacious private balcony with sparkling pool views, or head down to enjoy one of the community's multiple pools, spas, or tennis courts. Ideally located near Trader Joe's, Starbucks, Target, and all the best of Palm Springs, this condo is perfectly positioned for both lifestyle and investment.Turnkey, low-maintenance, and ready to go--don't miss out on this deal-sweetened opportunity in sunny Palm Springs!
Full Property Details
Full Property Details for 5265 E Waverly Dr #72
General
- Sold For: $325,000
- HOA FEE: $485/month
- Status: Closed
- Type: Condo
- Source: Desert_Area_Palm_Springs
- MLS ID: 219127656
- Added to Site: 290 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Area
- Number of Fireplaces: 2
- Appliances: Dryer, Electric Range, Electric Oven, Washer, Refrigerator, Dishwasher
- Furnished: Yes
- Furnishings: Turnkey
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Closet
Additional Information
- Shared Amenities: Guest Parking, Tennis Courts, Other Courts, Maintenance Grounds
- Pool: Yes
- Pool Description: Community, Community, Community
- Spa: Yes
- Spa Description: In Ground, Community
- Security/Safety: None
Parking
- Parking: Other
Location
- Area: 334 - Palm Springs South End
- County: Riverside
- Subdivision: Palm Canyon Villas
- Cross Streets: Waverly Drive and Golf Club Dr
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Central
Utilities
- Sewer: In Street Paid
Structural Information
- Detached/Attached: Yes
- Square Feet: 945
- Sq. Ft. Source: Assessor
- Year Built: 1979
- Year Built Source: Assessor
Unit Information
- Unit Location: End Unit, Top Floor
Lot Features
- Lot Size (Sq. Ft.): 871
- Lot Size Source: Assessor
Financial Considerations
- Price Per Sq. Ft.: $335
- Association Fee: Yes
- Assoc Fee Freq.: Monthly
- Assoc Fee /Month: $485
- Terms: Cash, Cash to New Loan
Disclosures and Reports
- APN: 681295012
Listed by Compass, Luke Smith and Compass, Caroline Snyder
Sold by Stephanie L Turrentine
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Schools
Schools serving 5265 E Waverly Dr #72
School District:Palm Springs Unified School District
| Name | Grades | Distance |
|---|---|---|
Cahuilla Elementary School 833 East Mesquite Avenue, Palm Springs, CA 92264 | K-5 | 3 mi |
Raymond Cree Middle School 1011 East Vista Chino, Palm Springs, CA 92262 | 6-8 | 4.4 mi |
Palm Springs High School 2401 East Baristo Road, Palm Springs, CA 92262 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5265 E Waverly Dr #72
Date
Details
Price
Change
Source
8/19/2025
Sold
$325,000
2.52%
MLS
6/02/2025
Price Reduced
$317,000
-2.46%
MLS
4/01/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5265 E Waverly Drive #72, Palm Springs, CA 92264 (MLS# 219127656) is a Condo property that was sold at $325,000 on August 19, 2025. Want to learn more about 5265 E Waverly Drive #72? 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.

