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800 E Cottonwood Road, 2, Palm Springs, CA 92262

$350K2bd · 2ba · 816 sqft
Lot 871 sqft•HOA $500/mo•Condominium•
Active
•65d on market•MLS# 219151198

Property Description

Rarely available in the intimate Desert Arches community, this beautiful, turnkey 2-bedroom, single-story condo offers an exceptional opportunity for a full-time residence, desert getaway, or investment property, all just minutes from the heart of Downtown Palm Springs. Don't miss this exceptional turnkey investment opportunity to own a highly sought after Desert Arches residence. This fully furnished unit is truly move in ready and equipped with everything you need from day one including linens, dishes, and more. Skip the setup and start generating income immediately. Currently operating as a successful vacation rental, this property is ideal for a new investor, a second-home buyer, or anyone seeking a desert getaway. Enjoy the comfort of strong, reliable A/C during warm Palm Springs days, along with a prime location offering easy access to downtown Palm Springs, nearby shopping, and local amenities. Nestled in a quiet, private community, this home offers peace and relaxation with access to two community pools that feel like your own private oasis, open year-round. Inside, you'll find a welcoming open concept floor plan featuring large flagstone flooring and an updated kitchen with shaker style cabinetry and a convenient center island. Two sets of French doors one off the dining area and one in the primary suite both with retractable screens, open to a spacious private patio, perfect for indoor-outdoor living. The primary suite includes a large walk-in shower and beautifully updated bathrooms in both the primary and guest areas. Thoughtfully decorated with a warm colonial touch, the home offers a charming and inviting atmosphere throughout. Additional highlights include HOA coverage for water, trash, landscaping, and garden maintenance. The roof is just over two years old per the current owner, and the exterior has been recently painted, making this an even more attractive investment opportunity. This adorable home is a true gem and is ready for its next owner. Call or text to schedule a private showing. Buyer and buyer's agent to verify all information, including during escrow.

Features & Amenities

Desert ArchesFeeBuilt 1975

Property Details

Subdivision
Desert Arches
Land Type
Fee
Year Built
1975
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Central, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Stone Tile
Roof
Foam
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byEquity Union, DW & Associates·760-776-7070

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,769.77
Principal & Interest
Loan Amount
$279,996
Total Interest
$357,119
Total Payment Over 30 Years
$637,115
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Desert Arches

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

View Desert Arches Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

800 E Cottonwood Road, 2, Palm Springs, CA 92262

Desert Arches · Palm Springs · Condominium

$350K
Affordable Tier
Beds
2
Baths
2
Sqft
816
Lot
871 sqft
Year
1975
$/Sqft
$429
Pool: Yes✓
Spa: No✓
View: mountain✓

Listed 12.9% above the median closed sale of $310,000. Price per sqft ($429) is a 32% premium to closed comps ($324). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $350K· $429/sqft
Total list price
Closed comps
vs closed median $310K
+$40K (+12.9%)
Active comps
vs active median $169K
+$181K (+107.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $282
+$147 (+52.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2820 Arcadia CourtPalm Springs198211589817$287$169,0002067
2800 Los Felices CirclePalm Springs198211589436$288$169,9003967
2810 Arcadia CourtPalm Springs198211589828$277$163,0005767
2875 Los Felices RoadPalm Springs198111589624$272$160,0005666
510 Villa CourtPalm Springs198111589436$287$169,0006964
Total: 5 · Average1.01.0589628.2$282.2$166,18048.2
Median589$169,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5301 Waverly DrivePalm Springs197910/05/202622887871$310,000$310,000$3491.00283
5265 Waverly DrivePalm Springs197910/05/202622945892$209,000$205,000$2170.9811578
334 Santa Elena RoadPalm Springs197609/25/2026221,088650$385,000$370,000$3400.968271
290 San Jacinto DrivePalm Springs198209/09/2026117921,307$419,000$409,000$5160.985669
5300 Waverly DrivePalm Springs197409/04/202611609580$149,000$120,000$1970.816468
Total: 5 · Average1.61.6864.2860$282,800$282,800$323.8—63.8
Median887$310,000$310,000

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.