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5300 E Waverly Dr APT I6, Palm Springs, CA, 92264

1beds
2baths
705sqft
$219,000
$311price/sqft
$1,827/moest. monthly cost
$73,080/yrincome needed

About This Home

Fantastic opportunity to get a great deal on a beautiful South Palm Springs Condo with no land lease! You own the land and have a high value HOA that covers Water, trash, Cable TV, Internet. This second-floor unit offers a great place for an owner occupant, desert weekender retreat, or investment opportunity (30-day min restrictions). Located well away from the Palm Springs high wind zone and just minutes from golf, hiking, grocery stores, shopping, restaurants and downtown. The complex offers three beautiful pool/spas, tennis court and pickle ball courts, all with a picturesque mountain backdrop. This 1 bedroom + bonus area, 2 bath unit features approx. 705 sq ft, well insulated middle unit, and convenient patio laundry. The primary bedroom is peacefully tucked away, offering generous closet space and abundant natural light. The bonus room is ideal for use as a second bedroom, home office, flexible living space. Mature citrus trees throughout the property. Ample parking throughout the complex and steps from the unit. This is a great opportunity to own a piece of non-leased land in South Palm Springs!

Getting Around

52
WalkingSomewhat Walkable
28
TransitSome Transit
0
BikeNot Bike Friendly

Schools

3/10
5/10
5/10
Palm Springs High SchoolGrades 9-122.7 mi

Construction

Condition

  • Property condition: Repairs Cosmetic
  • Year built: 1978

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Disposal,Gas Water Heater,Microwave,Refrigerator
  • Laundry features: Outside

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Tile

Heating

  • Heating features: Forced Air

Interior Area

  • Total interior livable area: 705 sqft

Property

Details

  • Parcel number: 681292029
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Community,In Ground
  • Patio & porch: Covered
  • Spa features: Community,In Ground
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.02 sqft
  • Features: Sprinkler System

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

  • 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 $1,107$13,284
Home Insurance *$44$528
Property Taxes $278$3,336
Electricity $398$4,786
Total$1,827$21,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,640/yr
40% on housing$54,810/yr
45% on housing$48,720/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

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 92264$374
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
2026-05-11Price change$199,000
2026-03-20Listed for sale$219,000
2012-04-17Sold$55,000
2011-12-17Listed for sale$57,000

For Sale by Agent

AgentNicholas Thompson
BrokerageAKR, Inc.

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