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2501 N Indian Canyon Drive, 603, Palm Springs, CA 92262

$345K1bd · 2ba · 1,490 sqft
Lot 1,813 sqft•HOA $640/mo•Condominium•
Active
•71d on market•MLS# 219151778

Property Description

Discover a distinctive townhouse-style residence in the historic Racquet Club Colony, an intimate gated community of just 20 homes. The community's limited two-story residences are rarely available, and this oversized approximately 1,500 sq ft home offers dramatic architecture, exceptional privacy, multiple outdoor living spaces, and spectacular mountain views just minutes from downtown Palm Springs. A welcoming entryway leads to a versatile bonus room with a first-floor full ensuite bath, ideal as a home office, den, media room, creative studio, wellness space, or occasional guest accommodations. Thoughtfully separated from the upstairs primary suite, it provides exceptional flexibility and privacy. Beyond, the main living and dining spaces feature travertine tile flooring, recessed lighting, and an effortless connection to the outdoors. The updated kitchen showcases natural wood shaker cabinetry, dark granite countertops, a gray mirrored backsplash, stainless steel appliances, deep undermount sink, and built-in flat-screen TV. Glass sliders open to a private walled patio with a lion head fountain and faux boxwood walls, creating an inviting setting for entertaining or relaxed desert living. A separate terrace off the living room provides additional space for outdoor dining and al fresco enjoyment. Upstairs, the expansive primary suite is the home's architectural centerpiece, with soaring 12-foot vaulted ceilings, walls of glass, and breathtaking ''treehouse'' views of the San Jacinto Mountains. Sliders open to a large private terrace, extending the living experience outdoors and providing a spectacular setting for morning coffee, sunset cocktails, or simply enjoying the mountain vistas. A light-filled nook off the staircase offers space for a desk or reading area, while the spacious ensuite bath features a dressing area, large mirrored double closet, and generous proportions rarely found in a residence of this size. In-unit laundry, walk-in closets, under-stair storage, custom wood blinds, and thoughtful upgrades enhance comfort and convenience throughout. Set within lush, gated, fee-simple grounds, Racquet Club Colony offers a serene resort-style setting with pool, spa, cascading waterfall fountain, mature landscaping, covered parking, ample guest parking, and a dedicated dog run. This spacious two-story residence offers a combination of privacy, architectural drama, outdoor living, and mountain views, all just five minutes from downtown Palm Springs.

Features & Amenities

Racquet Club ColonyFeeBuilt 1983

Property Details

Subdivision
Racquet Club Colony
Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
3
Garage Spaces
0
Heating
Central
Cooling
Ceiling Fan(s), Central Air
View
Mountain(s), Panoramic
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byEquity Union, Marco Colantonio·760-537-8420

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,744.51
Principal & Interest
Loan Amount
$276,000
Total Interest
$352,023
Total Payment Over 30 Years
$628,023
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Racquet Club Colony

This property is located in Racquet Club Colony, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Racquet Club Colony Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2501 N Indian Canyon Drive, 603, Palm Springs, CA 92262

Racquet Club Colony · Palm Springs · Condominium

$345K
Affordable Tier
Beds
1
Baths
2
Sqft
1,490
Lot
1,813 sqft
Year
1983
$/Sqft
$232
Pool: No✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $350,000. Price per sqft ($232) is a 16% discount to closed comps ($277). Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $345K· $232/sqft
Total list price
Closed comps
vs closed median $350K
−$5K (−1.4%)
Active comps
vs active median $368K
−$23K (−6.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $301
−$69 (−22.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
200 Racquet ClubPalm Springs1986221,4001,444$264$369,9004680
2023 Via MiralestePalm Springs1980221,0341,490$356$368,0005274
357 Mariscal RoadPalm Springs1980221,0880$285$310,0006172
2260 Indian Canyon DrivePalm Springs1972321,1161,484$332$370,0003171
266 Via EscuelaPalm Springs1971331,3440$267$359,00010671
Total: 5 · Average2.42.21,196.41,472.667$300.8$355,38059.2
Median1,116$368,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
200 Racquet Club RoadPalm Springs198606/05/2026221,4003,920$445,000$350,000$2500.7921177
200 Racquet ClubPalm Springs198609/01/2026221,4003,920$410,000$380,000$2710.9313177
334 Santa Elena RoadPalm Springs197609/25/2026221,088650$385,000$370,000$3400.968370
200 Racquet Club RoadPalm Springs198606/26/2026211,2113,920$299,900$310,000$2561.033970
339 Mariscal RoadPalm Springs198009/09/2026321,1161,306$319,000$299,000$2680.943469
Total: 5 · Average2.21.81,2432,743.2$341,800$341,800$277—99.6
Median1,211$350,000$350,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.