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1527 Spyglass Plaza, Palm Springs, CA 92264

$239K0bd · 1ba · 568 sqft
HOA $675/mo•Condominium•
Active
•17d on market•MLS# 00-26991253

Property Description

Artsy, fun, and full of character, this cottage-style end-unit condo at The Fairways offers privacy, abundant natural light, and 568 square feet of thoughtfully designed living space. Clerestory windows and high ceilings create a bright, airy feeling, while the tiled Art Deco-style gas fireplace adds warmth and personality.Recorded as a one-bedroom, the home currently features an open-concept layout. Other units with the same floor plan have added a partition wall to create a separate bedroom, giving the new owner the option to do the same while preserving the flexibility of the existing space.The home has undergone substantial improvements in recent years, including a completely renovated kitchen in 2025, a remodeled bathroom with a walk-in shower in 2020, and new porcelain tile flooring throughout. A separate dressing area with custom cabinetry provides additional storage, and the entry area is spacious enough for a writing desk or small home office.Above the kitchen is a unique attic area measuring approximately 9 by 9 feet with about 4 feet of height, providing valuable additional storage or creative-use potential.Two patios extend the living space outdoors. A smaller patio located just off the kitchen offers beautiful mountain views, while the expansive, completely private west-facing patio provides approximately 400 square feet for relaxing, gardening, or entertaining.The condo includes one assigned parking space and is just a short walk from the community laundry room, pool, and spa. The gated Fairways community features eight swimming pools, a clubhouse, tennis courts, and pickleball courts.Located across from the CV Link and Tahquitz Creek Golf Course, the home offers convenient access to biking, outdoor recreation, and beautiful desert scenery. Downtown Palm Springs, with its restaurants, unique shops, museums, and eclectic art galleries, is approximately 3.5 miles away.The current land lease extends through 2071.

Features & Amenities

FairwaysLeaseBuilt 1977

Property Details

Subdivision
Fairways
Land Type
Lease
Year Built
1977
Property Type
Residential
Property Subtype
Condominium
Heating
Combination
View
Mountain(s), Pool
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byCompass, Joseph Landry

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,208.51
Principal & Interest
Loan Amount
$191,200
Total Interest
$243,865
Total Payment Over 30 Years
$435,065
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Fairways

This property is located in Fairways, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Fairways Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1527 Spyglass Plaza, Palm Springs, CA 92264

Fairways · Palm Springs · Condominium · Lease Land

$239K
Affordable Tier
Beds
0
Baths
1
Sqft
568
Lot
0 sqft
Year
1977
$/Sqft
$421
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 54.2% above the median closed sale of $155,000. Price per sqft ($421) is a 53% premium to closed comps ($276).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $239K· $421/sqft
Total list price
Closed comps
vs closed median $155K
+$84K (+54.2%)
Active comps
vs active median $215K
+$24K (+11.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $329
+$92 (+28.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2809 Los Felices CirclePalm Springs1982115890$365$215,0004779
675 Los Felices CirclePalm Springs198211589436$255$150,00015478
2812 Auburn CourtPalm Springs1982115890$389$229,0002676
751 Los Felices CirclePalm Springs1982115890$389$229,00015475
2825 Los Felices RoadPalm Springs1981115891$246$145,00015375
Total: 5 · Average1.01.0589218.5$328.8$193,600106.8
Median589$215,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
550 Villa CourtPalm Springs198109/18/202611589436$160,000$155,000$2630.974380
420 Villa CourtPalm Springs198108/11/2026115890$164,900$155,000$2630.948279
470 Villa CourtPalm Springs198109/21/2026115890$169,900$155,000$2630.915077
2800 Los FelicesPalm Springs198209/24/202611589779$176,000$169,500$2880.9610077
2821 Los Felices RoadPalm Springs198208/31/202611589436$178,800$178,000$3021.003076
Total: 5 · Average1.01.0589550.333$162,500$162,500$275.8—61
Median589$155,000$155,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.