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500 E Amado Road, 511, Palm Springs, CA 92262

$225K1bd · 2ba · 736 sqft
Lot 0 sqft•HOA $570/mo•Condominium•
Active
•52d on market•MLS# 219152618

Property Description

Your Palm Springs getaway is ready! This one bedroom, two bath condominium at The Deauville is an excellent opportunity for an out of town buyer seeking an easy second home or an investor looking for rental income potential. The well planned 736 square foot interior features newer granite countertops, brand new carpeting, a convenient combination washer and dryer, two full bathrooms perfect for hosting guests and underground parking. The condo also includes its own private patio, creating a relaxing outdoor space for morning coffee, evening cocktails, or enjoying the desert weather. Furnished and move in ready, the home can be enjoyed immediately while still offering an opportunity to add value through cosmetic updates and a little TLC. The Deauville's gated, resort style setting is especially appealing for seasonal and absentee owners. Community amenities include three pools and spas, two tennis courts, a fitness center, clubhouse, beautifully landscaped grounds, bike storage, controlled access, and covered underground parking. Simply arrive, unpack, and enjoy Palm Springs without the upkeep of a private pool or yard. The convenient central location allows owners and guests to walk to Downtown Palm Springs, Palm Canyon Drive, Agua Caliente Casino, The Spa at Séc-he, the Agua Caliente Cultural Museum, Palm Springs Convention Center, Palm Springs Art Museum, VillageFest, restaurants, cafés, shopping, entertainment, and nightlife. Hiking, golf, Tahquitz Canyon, the Indian Canyons, and the Palm Springs Aerial Tramway are also within easy reach. Use it as your personal desert escape, offer it as a furnished seasonal rental, or enjoy a combination of personal use and potential rental income. HOA includes Internet, water and garbage collection. Indian lease land is currently extended through 2077. Furnished, move in ready, well priced, and centrally located this inviting condo offers private outdoor space, resort amenities, and excellent potential for its next owner.

Features & Amenities

DeauvilleLeaseBuilt 1986

Property Details

Subdivision
Deauville
Land Type
Lease
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Air Conditioning, Central Air
Flooring
Carpet, Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byInnovate Desert Realty, Christian G Matadama·760-673-5135

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,137.72
Principal & Interest
Loan Amount
$180,000
Total Interest
$229,580
Total Payment Over 30 Years
$409,580
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Deauville

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

View Deauville Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

500 E Amado Road, 511, Palm Springs, CA 92262

Deauville · Palm Springs · Condominium · Lease Land

$225K
Affordable Tier
Beds
1
Baths
2
Sqft
736
Lot
0 sqft
Year
1986
$/Sqft
$306
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 7.9% above the median closed sale of $208,500. Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 122 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $225K· $306/sqft
Total list price
Closed comps
vs closed median $209K
+$17K (+7.9%)
Active comps
vs active median $235K
−$10K (−4.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $386
−$80 (−20.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
351 Hermosa DrivePalm Springs1984116330$335$212,00023574
471 Calle El SegundoPalm Springs1985115680$414$235,000373
470 Calle EnciliaPalm Springs1985115680$431$245,00027569
467 Calle El SegundoPalm Springs198511568871$442$251,00022569
401 El Cielo RoadPalm Springs1985117681,307$306$235,00017767
Total: 5 · Average1.01.06211,089$385.6$235,600183
Median568$235,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
222 Calle El SegundoPalm Springs198307/13/202611653871$255,000$255,000$3911.0018379
1150 Amado RoadPalm Springs198410/20/2026116330$219,900$210,000$3320.9518877
353 Hermosa Dr, 7C1Palm Springs198404/09/2026116330$229,000$200,000$3160.876675
1150 Amado RoadPalm Springs198404/16/202611633874$219,000$208,500$3290.9512175
353 Hermosa DrivePalm Springs198404/20/202611633871$215,000$196,000$3100.915374
Total: 5 · Average1.01.0637872$213,900$213,900$335.6—122.2
Median633$208,500$208,500

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.