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318 Desert Lakes Dr, Palm Springs, CA, 92264

2beds
2baths
1,522sqft
$849,000
$558price/sqft
$5,702/moest. monthly cost
$228,080/yrincome needed

About This Home

Located in the historically significant community of Seven Lakes Country Club designed by Richard A. Harrison, this 2-bedroom, 2-bath condo has been fully remodeled and offers an exceptional blend of architectural style, luxury finishes, and golf course living. The home features a spacious open-concept great room with dramatic walls of 9.5-foot floor-to-ceiling Fleetwood glass sliders that open to and showcase stunning southwest mountain views, lush greenbelt landscaping, and the iconic architecture of the community.Inside you'll find a designer kitchen equipped with premium Thermador stainless steel appliances, a Bertazzoni range oven, quartzite countertops, and custom dark walnut cabinetry. Gorgeous 24 x 24 tile flooring extends throughout the home, and recessed lighting illuminates the home perfectly, while built-in surround sound can set the mood. The Fleetwood sliders are also present in the primary bedroom out to the main patio, and even the guest bedroom effortlessly opens to a private rear patio. The generous primary suite offers beautiful mountain views along with a spa-like en-suite bathroom featuring a skylight, walk-in glass shower, and custom walnut cabinetry. A well-appointed guest bath is also the location for a stacked washer and dryer. From custom wallpaper choices that enhance each space to the views and perfect lighting, this home is perfection.Additional highlights include a carport, also ample guest parking directly in front of the unit. A 220-volt electrical service by the guest parking allows for easy EV charging, and owned solar as well as newer heat pump providing a built in money savings. Seven Lakes Country Club offers a Ted Robinson-designed 18-hole executive golf course, clubhouse dining, bar, library, and an active social calendar. The community is currently considering a spectacular upgrade to the William Cody-designed clubhouse and the addition of a workout facility. The iconic Parker Hotel is just outside the gated community, providing another convenient location for enjoying cocktails, dining, and even spa amenities. This is a rare opportunity to own a turnkey mid-century condo in one of Palm Springs' most desirable golf communities.

Getting Around

17
WalkingCar-Dependent
25
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

3/10
5/10
5/10
Palm Springs High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1967

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Flooring: Tile

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,522 sqft

Property

Details

  • Parcel number: 681130028
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Community,In Ground
  • Spa features: Community,In Ground
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 2,178 sqft
  • Features: Sprinkler System

Parking

  • Total spaces: 1
  • Parking features: Guest,Side By Side
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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

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

How This Home’s Risks Compare

Inland Flooding
Earthquake
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 $4,293$51,516
Home Insurance *$172$2,064
Property Taxes $839$10,068
Electricity $398$4,786
Total$5,702$68,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$195,497/yr
40% on housing$171,060/yr
45% on housing$152,053/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

$558This listing

vs Other Active Listings

Avg $/sqft

ZIP 92264$371
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92264$610
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
2026-05-02Price change$849,000
2026-03-27Listed for sale$899,000
2021-06-28Sold$690,000
2012-08-28Sold$315,000
2012-04-11Listed for sale$349,000
2009-09-18Sold$66,500

For Sale by Agent

AgentMark Gutkowski
BrokerageBennion Deville Homes

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