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1881 S Araby Drive, 16, Palm Springs, CA 92264

$549K2bd · 2ba · 1,000 sqft
Lot 871 sqft•HOA $678/mo•Condominium•
Active
•181d on market•MLS# 219146324

Property Description

Turnkey and fully furnished, this 2-bedroom, 2-bath condo at Coco Cabana blends thoughtful renovation with one of the community's most coveted positions, and in a community that allows short-term rentals, it's as compelling an investment as it is a personal retreat. Featured during the 2025 Modernism Week Tour, Unit 16 sits at the heart of South Palm Springs' mid-century legacy, offering expansive mountain views from the back patio and living areas, commercial-grade windows and sliders that flood the space with natural light, and exceptional sound and energy performance throughout. The layout flows effortlessly for daily living or entertaining, with defined living, dining, and kitchen spaces anchored by quartz countertops, custom cabinetry, and porcelain tile flooring, a cohesive, low-maintenance design that guests and owners alike will appreciate. Both bedrooms are generously sized, and the updated bathrooms maintain the same clean, modern finish throughout. Designed in 1955 by Charles W. Doty and thoughtfully converted into 31 residences, Coco Cabana is a boutique mid-century community set on approximately 5 acres with a saltwater pool and spa, tennis and pickleball courts, and lush grounds dotted with citrus trees, olives, and vibrant seasonal blooms. Fee-simple land, a dedicated carport, and a prime South Palm Springs address round out a property that delivers on architecture, lifestyle, and long-term value, whether you're here every weekend or renting it out while you're away.

Features & Amenities

Coco CabanaFeeBuilt 1959

Property Details

Subdivision
Coco Cabana
Land Type
Fee
Year Built
1959
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Central
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s), Panoramic
Flooring
Ceramic Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byCompass, Salomon Urquiza·760-567-4931

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,776.04
Principal & Interest
Loan Amount
$439,200
Total Interest
$560,175
Total Payment Over 30 Years
$999,375
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1881 S Araby Drive, 16, Palm Springs, CA 92264

Coco Cabana · Palm Springs · Condominium

$549K
Affordable Tier
Beds
2
Baths
2
Sqft
1,000
Lot
871 sqft
Year
1959
$/Sqft
$549
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 71.6% above the median closed sale of $320,000. Price per sqft ($549) is a 64% premium to closed comps ($335).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $549K· $549/sqft
Total list price
Closed comps
vs closed median $320K
+$229K (+71.6%)
Active comps
vs active median $539K
+$10K (+1.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $402
+$147 (+36.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1715 El AlamedaPalm Springs1973221,1700$494$578,00022667
1200 Primer CirclePalm Springs1977221,2520$547$685,00023163
1602 Andee DrivePalm Springs1981221,3051,305$268$350,00019163
1655 Palm Canyon DrivePalm Springs1974117550$252$189,99521561
1045 VillorrioPalm Springs2005231,2000$449$539,00018357
Total: 5 · Average1.82.01,136.41,305$402$468,399209.2
Median1,200$539,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5265 Waverly DrivePalm Springs197910/05/202622945892$209,000$205,000$2170.9811575
5301 Waverly DrivePalm Springs197910/05/202622887871$310,000$310,000$3491.00273
588 San Lorenzo RoadPalm Springs196609/28/2026221,1500$559,000$559,000$4861.004572
334 Santa Elena RoadPalm Springs197609/25/2026221,088650$385,000$370,000$3400.968272
2601 Broadmoor DrivePalm Springs198510/09/2026221,1300$335,000$320,000$2830.9513767
Total: 5 · Average2.02.01,040804.333$352,800$352,800$335—76.2
Median1,088$320,000$320,000

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.