130 W Racquet Club Road #511. a cosmetic fixer:Financial & Investment HighlightsValue Play: Listed at $575,000, which sits significantly below the recent comparable sales of $720k-$725k for the same floor plan.Rental Flexibility: Unlike many Palm Springs communities, this complex has no 30-day minimum rental requirement, making it a prime candidate for short-term rental income.Make sure to check with the city on permit availability.Ownership: You own the land (Fee Simple), meaning there are no land lease payments to worry about.HOA Coverage: The monthly dues include essential maintenance like water, trash, roof, exterior painting, and community landscaping.Property Features:Modern Bones: High 10ft ceilings with updated double-pane windows and a ''newish'' HVAC system and water heater reduce the immediate need for major mechanical capital expenditures.Private Amenities: This unit stands out with a private pool, west-facing backyard, and outdoor fireplace, plus three separate patios.Layout & Access: A 2-bedroom, 2-bath configuration. Uniquely, this is one of only two units with an entrance outside the main gates, offering easier access for guests.The ''Cosmetic Fixer'' Opportunity:Since the bathrooms, kitchen, and major systems are already somewhat updated or ''newish,'' the ''fixer'' aspect refers to flooring, paint, landscaping and a few HOA mandated corrections. With the spread between the asking price and recent comps, there is substantial room for equity growth or profit after a light renovation.
Under contract
Listing Provided by: Bennion Deville Homes
$575,000
130 W Racquet Club Rd Unit 511, Palm Springs, CA 92262
2beds
1,310sqft
Est.:
Condominium
Built in 1979
-- sqft lot
$560,900 Zestimate®
$439/sqft
$665/mo HOA
What's special
Outdoor fireplacePrivate poolWest-facing backyardThree separate patiosUpdated double-pane windows
- 34 days |
- 684 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: February 13, 2026 at 09:50am
Listing Provided by:
Tim Schneider DRE #01489249 760-861-3197,
Bennion Deville Homes
Source: CRMLS,MLS#: 219142106PS
Originating MLS: California Desert AOR & Palm Springs AOR
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Primary Bedroom, Dining Room
Primary bedroom
- Features: Multiple Primary Suites
Bathroom
- Features: Hollywood Bath
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Laundry: Laundry Closet
Features
- Separate/Formal Dining Room, High Ceilings, Multiple Primary Suites
- Has fireplace: Yes
- Fireplace features: Outside
Interior area
- Total interior livable area: 1,310 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Covered, Detached Carport, Guest, Community Structure
- Carport spaces: 1
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: Community, In Ground, Private
- Spa features: Community, Heated, In Ground
- Fencing: Block,Privacy
- Has view: Yes
- View description: Mountain(s)
Lot
- Features: Back Yard, Corner Lot, Sprinkler System
Details
- Parcel number: 504361011
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Modern
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Foam
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1979
Community & HOA
Community
- Features: Gated, Pool
- Security: Gated Community
- Subdivision: Club Condominiums
HOA
- Has HOA: Yes
- Amenities included: Controlled Access, Maintenance Grounds, Management, Trash, Water
- Services included: Sewer
- HOA fee: $665 monthly
- HOA name: Club Condominiums
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $439/sqft
- Tax assessed value: $212,965
- Annual tax amount: $2,643
- Date on market: 1/26/2026
- Listing terms: Cash to New Loan
Estimated market value
$560,900
$533,000 - $589,000
$2,661/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Contingent | $575,000$439/sqft |
Source: | ||
| 1/26/2026 | Listed for sale | $575,000+248.5%$439/sqft |
Source: | ||
| 6/10/2010 | Sold | $165,000-2.9%$126/sqft |
Source: | ||
| 4/2/2010 | Price change | $169,900-2.9%$130/sqft |
Source: foreclosure.com Report a problem | ||
| 2/28/2010 | Price change | $174,900-0.9%$134/sqft |
Source: foreclosure.com Report a problem | ||
| 2/25/2010 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 12/26/2009 | Listing removed | -- |
Source: foreclosure.com Report a problem | ||
| 12/6/2009 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 10/15/2009 | Sold | $176,410-21.6%$135/sqft |
Source: Public Record Report a problem | ||
| 4/21/2003 | Sold | $225,000$172/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,643 -2.4% | $212,965 +2% |
| 2024 | $2,707 -1.7% | $208,791 +2% |
| 2023 | $2,753 -0.1% | $204,698 +2% |
| 2022 | $2,754 +2% | $200,685 +2% |
| 2021 | $2,701 +4.4% | $196,751 +1% |
| 2020 | $2,586 +1.7% | $194,734 +2% |
| 2019 | $2,543 +1.8% | $190,917 +2% |
| 2018 | $2,498 +1.4% | $187,175 +2% |
| 2017 | $2,463 | $183,506 +2% |
| 2016 | $2,463 +7.5% | $179,909 +1.5% |
| 2015 | $2,290 +1.9% | $177,208 +2% |
| 2014 | $2,247 | $173,738 +0.5% |
| 2013 | -- | $172,955 +2% |
| 2012 | -- | $169,565 +2% |
| 2011 | -- | $166,241 -0.5% |
| 2010 | -- | $167,000 -30.7% |
| 2009 | -- | $241,000 -6% |
| 2008 | -- | $256,359 +2% |
| 2007 | -- | $251,333 +2% |
| 2006 | -- | $246,405 +2% |
| 2005 | -- | $241,575 +128.1% |
| 2003 | -- | $105,911 +2% |
| 2002 | -- | $103,836 +2% |
| 2001 | $1,290 +2.3% | $101,801 +2% |
| 2000 | $1,261 | $99,806 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,920/mo
Principal & interest
$2694
HOA Fees
$665
Property taxes
$561
Climate risks
Neighborhood: 92262
Nearby schools
GreatSchools rating
- 3/10Katherine Finchy Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 2.9 mi






