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314 Desert Lakes Dr, Palm Springs, CA, 92264

2beds
2baths
1,923sqft
$799,000
$415price/sqft
$5,416/moest. monthly cost
$216,640/yrincome needed

About This Home

Motivated Seller! Welcome to 314 Desert Lakes Drive, an exceptional opportunity to experience iconic mid-century architecture within the prestigious Seven Lakes Golf and Country Club in desirable South Palm Springs. Originally designed by noted architect Richard E. Harrison, this beautifully renovated & EXTENDED two-bedroom + den residence showcases one of the most sought-after floor plans in the community.Recently updated, the home features neutral, modern tile flooring throughout and a thoughtfully redesigned open kitchen that enhances both functionality and flow. The spacious layout has been expanded to include an enlarged primary bedroom suite and an extended den, creating flexible living space ideal for a home office, media room, or guest overflow. Expansive sliding glass doors frame stunning western mountain views and seamlessly connect the interior living spaces with the outdoors, capturing the essence of Palm Springs' celebrated indoor-outdoor lifestyle.Set within the private, low-density community of Seven Lakes Golf and Country Club, residents enjoy an exceptional collection of amenities. The community is centered around an 18-hole golf course designed by renowned architect Ted Robinson and features 15 heated pools and spas throughout the grounds. The iconic clubhouse, designed by celebrated mid-century architect William F. Cody, offers a private restaurant and bar, creating a vibrant social hub for residents and guests alike.Additional community features include a 24-hour guard-gated entrance, electric vehicle charging stations, and the convenience of an on-site HOA office with a dedicated general manager.Offering timeless design, thoughtful renovations, and breathtaking mountain views, 314 Desert Lakes Drive represents a rare opportunity to own a piece of Palm Springs architectural heritage in one of the city's most iconic golf communities.

Getting Around

21
WalkingCar-Dependent
26
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

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

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1968

Materials

  • Foundation: Slab
  • Roof: Other
  • Construction materials: Block,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Modern
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Laundry Room

Bathroom

  • Features: Remodeled,Vanity

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Breakfast Bar,Separate/Formal Dining Room,High Ceilings,Bedroom on Main Level
  • Door features: Sliding Doors
  • Flooring: Tile
  • Fireplace features: Electric,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,923 sqft

Kitchen

  • Features: Kitchen Island,Remodeled,Updated Kitchen

Property

Details

  • Parcel number: 681130030‬
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Community,Electric Heat,In Ground
  • Spa features: Community,Heated,In Ground
  • Fencing: Block
  • Has view: Yes
  • View description: Park/Greenbelt,Mountain(s),Panoramic,Trees/Woods

Lot

  • Lot size: 3,049 sqft
  • Features: Greenbelt,Planned Unit Development

Parking

  • Total spaces: 1
  • Parking features: Assigned,Covered,Detached Carport,Guest
  • 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 $4,040$48,480
Home Insurance *$162$1,944
Property Taxes $802$9,624
Electricity $412$4,948
Total$5,416$64,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$185,691/yr
40% on housing$162,480/yr
45% on housing$144,426/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

$415This listing

vs Other Active Listings

Avg $/sqft

ZIP 92264$372
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
2026-04-28Price change$799,000
2025-11-19Price change$899,000
2025-05-09Price change$949,000
2025-03-07Price change$1,049,000
2024-12-05Price change$1,149,999
2024-10-26Listed for sale$1,299,000
2024-03-25Sold$535,500
2024-03-14Pending sale$599,000
2024-03-07Contingent$599,000
2024-02-29Price change$599,000
2023-12-01Price change$699,000
2023-11-13Listed for sale$739,000
2011-03-03Listing removed$225,000
2011-02-25Listed for sale$225,000
2011-01-09Listing removed$225,000
2011-01-08Listed for sale$225,000
2010-09-23Listing removed$265,000
2010-09-22Listed for sale$265,000
2009-09-18Sold$69,000

For Sale by Agent

AgentRichie Usher
BrokerageEquity Union

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