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5300 E Waverly Dr APT M4115, Palm Springs, CA, 92264

1beds
2baths
1,048sqft
$269,000
$257price/sqft
$1,998/moest. monthly cost
$79,920/yrincome needed

About This Home

Turn Key, Move In Ready!! Step into a rare two-story townhouse-style condo in South Palm Springs, offering space, flexibility, and a layout that truly stands out from typical single-level units. This 1,048 sq ft residence is one of only a handful of two-story floor plans in the community, creating a natural separation between living and private spaces — ideal for both everyday living and hosting guests. Upstairs, the expansive primary suite feels more like a private retreat than a standard bedroom. With its own wet bar, en-suite bathroom, oversized walk-in closet, and private balcony overlooking the tennis courts, the space offers exceptional versatility. The oversized walk-in closet is currently set up as a dedicated home office with a desk, making it an ideal work-from-home or creative setup while still providing ample storage. Downstairs, the open living area connects seamlessly to outdoor space, making it easy to enjoy the indoor-outdoor lifestyle Palm Springs is known for. The home is offered fully furnished, allowing for an effortless move-in or immediate use as a second home or income-producing property. Additional features include dual HVAC systems with separate units for each level, an in-unit washer and dryer, and multiple storage areas throughout, all designed to enhance comfort and everyday functionality. Located within the Palm Springs Golf & Tennis Club, residents enjoy resort-style amenities including multiple pools and spas, tennis and pickleball courts, and beautifully maintained grounds. HOA dues cover cable, high-speed internet, water, hot water, gas, trash, and exterior maintenance — simplifying ownership and reducing ongoing management. No land lease. Positioned on the Tahquitz Creek Golf Course and just minutes from shopping, dining, and outdoor recreation, this is a unique opportunity to own a flexible and low-maintenance property in one of South Palm Springs’ most desirable communities.

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: 1974

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range
  • Laundry features: Inside

Bathroom

  • Features: Bathtub,Tub Shower

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Up
  • Window features: Double Pane Windows
  • Flooring: Laminate
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,048 sqft

Kitchen

  • Features: Remodeled,Updated Kitchen

Property

Details

  • Parcel number: 681440030
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: Community,In Ground,Association
  • Patio & porch: Deck,Patio
  • Has spa: Yes
  • Spa features: Community,In Ground
  • Has view: Yes
  • View description: Mountain(s),Neighborhood

Lot

  • Lot size: 871 sqft

Parking

  • Parking features: Carport,Unassigned
  • 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 $1,360$16,320
Home Insurance *$54$648
Property Taxes $186$2,232
Electricity $398$4,786
Total$1,998$23,976
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,502/yr
40% on housing$59,940/yr
45% on housing$53,280/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

$257This 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)

No zestimate history available

Price History

DateEventPrice
2026-04-30Listed for sale$269,000
2026-04-25Listing removed$289,000
2026-03-03Price change$289,000
2025-12-23Listed for sale$298,000
2025-12-10Listing removed$2,590
2025-12-01Listed for rent$2,590
2025-08-01Listing removed$239,900
2025-07-17Contingent$239,900
2025-06-25Price change$239,900
2025-05-16Listed for sale$249,900

For Sale by Agent

AgentJorge Cardenas
BrokerageElevate Real Estate Agency

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