See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

701 N Los Felices Cir W #114, Palm Springs, CA, 92262

1beds
1baths
589sqft
$179,500
$305price/sqft
$1,540/moest. monthly cost
$61,600/yrincome needed

About This Home

Welcome to your perfect desert oasis! This bright and airy 1 bedroom, 1 bathroom condo offers comfortable living with a spacious layout and a private patio to enjoy the stunning Palm Springs weather. Located in the sought after Palm Springs Villas 2 community, you'll have access to sparkling pools, beautiful landscaping, and a peaceful, well-maintained environment.Ideal for first-time buyers, investors, or those seeking a vacation getaway, this condo is just minutes from vibrant downtown Palm Springs, trendy restaurants, shopping, and outdoor activities. Don't miss your chance to own a slice of sunny paradise with low HOA fees and all the amenities you need for relaxed desert living.Schedule your private tour today and imagine the possibilities!

Getting Around

26
WalkingCar-Dependent
22
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

3/10
5/10
5/10
Palm Springs High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1982

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Range,Disposal,Refrigerator,Vented Exhaust Fan

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 589 sqft

Kitchen

  • Features: Granite Counters

Property

Details

  • Parcel number: 669378021
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Private pool: Yes
  • Pool features: Community,In Ground
  • Spa features: Community,In Ground

Lot

  • Features: Greenbelt,Planned Unit Development

Parking

  • Parking features: Unassigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $907$10,884
Home Insurance *$45$540
Property Taxes $190$2,280
Electricity $398$4,786
Total$1,540$18,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,800/yr
40% on housing$46,200/yr
45% on housing$41,066/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$305This listing

vs Other Active Listings

Avg $/sqft

ZIP 92262$377
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92262$494
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Listed for sale$185,000
2024-04-22Sold$204,000
2021-07-27Sold$162,000
2021-06-28Contingent$163,900
2021-06-08Listed for sale$163,900
2021-05-07Contingent$158,900
2021-04-15Price change$158,900
2021-03-26Listed for sale$169,900
2020-04-14Sold$115,000
2020-02-15Pending sale$115,000
2019-10-13Price change$115,000
2019-08-29Listed for sale$118,000
2005-05-25Sold$145,000
1995-04-11Sold$13,000

For Sale by Agent

AgentMike Jeppson
BrokerageHomeSmart

Similar Homes