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5301 Waverly Dr #199, Palm Springs, CA, 92264

1beds
2baths
887sqft
$245,000
$276price/sqft
$1,950/moest. monthly cost
$78,000/yrincome needed

About This Home

Welcome to resort-style living in the heart of Palm Springs! Located in the desirable Palm Canyon Villas, this beautifully situated 1-bedroom, 2-bath condo offers 887 square feet of comfortable living space.Enjoy the true Palm Springs lifestyle with breathtaking mountain views, swaying palm trees, and an unbeatable setting just minutes from shopping, dining, and entertainment. The thoughtfully designed layout provides a spacious feel, perfect for both relaxing and entertaining, with the added convenience of a second bathroom for guests.Surrounded by lush landscaping, palm trees, and stunning mountain views, this community captures everything people love about desert living.Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this condo checks all the boxes.Priced to sell--don't miss your chance to own a piece of paradise!

Getting Around

48
WalkingCar-Dependent
28
TransitSome Transit
29
BikeSomewhat Bikeable

Schools

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

Construction

Condition

  • Year built: 1979

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Refrigerator

Bedrooms & Bathrooms

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

Features

  • Flooring: Tile

Heating

  • Heating features: Central

Interior Area

  • Total interior livable area: 887 sqft

Property

Details

  • Parcel number: 681297028
  • Attached to another structure: Yes
  • Special condition: Probate Listing

Features

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

Lot

  • Features: Sprinkler System

Parking

  • Total spaces: 1
  • Parking features: Detached Carport,On Street
  • Carport: Yes

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 $1,238$14,856
Home Insurance *$49$588
Property Taxes $265$3,180
Electricity $398$4,786
Total$1,950$23,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,857/yr
40% on housing$58,500/yr
45% on housing$52,000/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

$276This 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
2026-04-21Listed for sale$249,000
2018-10-24Listing removed$1,700
2018-07-13Price change$1,700
2018-05-17Price change$1,800
2017-08-08Price change$1,950
2017-08-04Listed for rent$1,400
2016-04-11Listing removed$1,200
2016-02-26Sold$145,500
2016-01-26Pending sale$145,500
2016-01-16Listed for sale$145,500
2014-01-11Listing removed$850
2013-12-24Listed for rent$850
2013-03-11Sold$100,000
2004-05-14Sold$157,500
1995-10-26Sold$55,500
1994-05-27Sold$56,500

For Sale by Agent

AgentTanya Moreno
BrokerageC 21 Coachella Valley RE

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