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5300 E Waverly Dr APT I4, Palm Springs, CA, 92264

1beds
2baths
705sqft
$210,000
$298price/sqft
$1,646/moest. monthly cost
$65,840/yrincome needed

About This Home

PRICE IMPROVEMENT. Seller Motivated. Welcome to Palm Springs Golf & Tennis Club, offering exceptional lifestyle appeal and strong rental potential in sought-after South Palm Springs. This beautifully positioned 1-bedroom plus bonus area, 2-bath residence spans approximately 705 square feet and features single-level living on the second floor, along with the convenience of in-unit balcony laundry. Ideally situated with tranquil pool views, the home is just steps from the community's pools, spas, and tennis courts an ideal setting for both seasonal renters and full-time residents. Recent remodel enhancements include fresh interior paint, new window coverings, both bathrooms remodeled, and a thoughtfully refreshed kitchen showcasing quartz countertops and newer KitchenAid appliances. A versatile bonus area, functions seamlessly as a guest space, media lounge, or remote workspace adding valuable flexibility and increased rental appeal. Residents enjoy access to multiple community amenities, including three pools, four spas, and four tennis courts within a well-maintained community of approximately 205 units. HOA dues of $529 per month provide excellent value, typically covering water, sewer, trash, cable TV, internet, and exterior maintenance ensuring ease of ownership and predictable expenses. Located adjacent to Tahquitz Creek Golf Resort, featuring two championship 18-hole courses, this property presents an outstanding opportunity as a seasonal rental investment, long-term hold, or personal desert retreat. Trader Joes, Target, shopping, restaurants and services are located close to property. Located just minutes to downtown Palm Springs.

Getting Around

42
WalkingCar-Dependent
28
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

3/10
5/10
5/10
Palm Springs High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1978

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Oven,Microwave,Gas/Electric Range,Disposal,Dishwasher,Exhaust Fan
  • Laundry features: Outside,Laundry Closet,Gas Or Electric Dryer Hookup

Bathroom

  • Features: Remodeled,Shower Stall,Tile

Bedrooms & Bathrooms

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

Features

  • Dining Area,Kitchen Island
  • Flooring: Ceramic Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 705
  • Total interior livable area: 705 sqft

Kitchen

  • Features: Remodeled

Property

Details

  • Parcel number: 681292031
  • Attached to another structure: Yes
  • Zoning: R3
  • Special condition: Standard
  • Exclusions: All furnishings as owned by stager.

Features

  • Levels: One,Single Level
  • Stories: 2
  • Entry location: Top Level
  • Pool features: In Ground,Community
  • Exterior features: Balcony
  • Spa features: Community
  • Has view: Yes
  • View description: None

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • 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 $1,061$12,732
Home Insurance *$42$504
Property Taxes $145$1,740
Electricity $398$4,786
Total$1,646$19,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,434/yr
40% on housing$49,380/yr
45% on housing$43,893/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

$298This 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
2026-05-13Price change$225,000
2026-04-01Listed for sale$239,000

For Sale by Agent

AgentScott James Properties
BrokerageHarcourts Desert Homes

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