505 S Farrell Drive, H49, Palm Springs, CA 92264
505 S Farrell Drive, H49, Palm Springs, CA 92264
Property Description
Beautifully remodeled with designer finishes, this ground-level end unit combines style, comfort, and convenience in a sought-after South Palm Springs location. The thoughtfully designed one-bedroom layout opens to two private patios, creating inviting spaces to relax or entertain. Fee-simple land ownership means you own the land, while newer HVAC and stainless steel appliances provide modern efficiency and peace of mind. Hard-surface laminate and tile flooring throughout offers easy maintenance, and the private laundry/storage area adds everyday functionality. Short-term rentals are permitted with a 7-night minimum stay, providing excellent flexibility for personal use or investment. Set in a gated community with three pools and spas, adjacent to Prescott Preserve and just minutes from shopping, dining, recreation, and other local amenities, this move-in-ready home is ideal as a full-time residence, weekend getaway, or income-producing property.
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About Mesquite Country Club
This property is located in Mesquite Country Club, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Mesquite Country Club ListingsComparative Market Analysis
Affordable Tier · 5 active · 3 closed
Mesquite Country Club · Palm Springs · Condominium
Listed 4.9% above the median closed sale of $285,000.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2700 Mesquite Avenue | Palm Springs | 1984 | 2 | 2 | 1,175 | 1,341 | $370 | $435,000 | 27 | 79 |
| 2701 Mesquite Avenue | Palm Springs | 1984 | 2 | 2 | 1,175 | 1,212 | $331 | $389,000 | 10 | 79 |
| 2701 Mesquite Avenue | Palm Springs | 1984 | 2 | 2 | 1,175 | 1,204 | $332 | $389,600 | 32 | 78 |
| 2700 Mesquite | Palm Springs | 1984 | 2 | 2 | 1,175 | 1,422 | $297 | $349,000 | 35 | 78 |
| 2001 Camino Parocela | Palm Springs | 1984 | 2 | 2 | 1,175 | 1,186 | $391 | $459,000 | 20 | 76 |
| Total: 5 · Average | 2.0 | 2.0 | 1,175 | 1,273 | $344.2 | $404,320 | 24.8 | |||
| Median | 1,175 | $389,600 | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 505 Farrell Drive | Palm Springs | 1985 | 08/27/2026 | 1 | 1 | 797 | 1,307 | $290,000 | $300,000 | $376 | 1.03 | 56 | 99 |
| 505 Farrell Drive | Palm Springs | 1985 | 08/10/2026 | 1 | 1 | 797 | 1,307 | $279,000 | $267,500 | $336 | 0.96 | 57 | 99 |
| 505 Farrell Drive | Palm Springs | 1985 | 05/18/2026 | 1 | 1 | 797 | 1,307 | $299,000 | $285,000 | $358 | 0.95 | 79 | 98 |
| Total: 3 · Average | 1.0 | 1.0 | 797 | 1,307 | $284,166.667 | $284,166.667 | $356.667 | — | 64 | ||||
| Median | 797 | $285,000 | $285,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.