5265 E Waverly Dr, Unit 72

Palm Springs, CA 92264

$317,000
Price
2
Beds
945 Sq. Ft.
$335 / Sq. Ft.
945
Sq. Ft.
$335
per Sq. Ft.

Description

Turnkey Palm Springs Investment Opportunity on FEE Land - Seller Offering to Cover Buyer's Closing Costs!
Welcome to 5265 E Waverly Dr #72—a bright, updated 2-bedroom, 2-bath upper-level condo in the highly desirable Palm Canyon Villas. The seller is motivated and will cover the buyer's closing costs when using the seller's preferred escrow company, making this an exceptional opportunity for savvy buyers or investors.
Whether you're seeking a full-time residence, weekend escape, or income-producing
...Turnkey Palm Springs Investment Opportunity on FEE Land - Seller Offering to Cover Buyer's Closing Costs!
Welcome to 5265 E Waverly Dr #72—a bright, updated 2-bedroom, 2-bath upper-level condo in the highly desirable Palm Canyon Villas. The seller is motivated and will cover the buyer's closing costs when using the seller's preferred escrow company, making this an exceptional opportunity for savvy buyers or investors.
Whether you're seeking a full-time residence, weekend escape, or income-producing vacation rental, this property checks all the boxes—and it's located on fee land (you own the land, no lease fees!).
Inside, you'll find a stylish open layout with vinyl plank flooring, upgraded bathrooms, and a well-appointed kitchen. The primary suite offers generous closet space, while the second bedroom is ideal for guests or a dedicated office. In-unit laundry and a brand-new AC installed in September 2024 add year-round comfort and convenience.
Unwind on the spacious private balcony with sparkling pool views, or head down to enjoy one of the community's multiple pools, spas, or tennis courts. Ideally located near Trader Joe's, Starbucks, Target, and all the best of Palm Springs, this condo is perfectly positioned for both lifestyle and investment.
Turnkey, low-maintenance, and ready to go—don't miss out on this deal-sweetened opportunity in sunny Palm Springs!

Listing Agent

  1. Luke Smith

    Luke Smith

    Listing Agent

    Compass

    DRE #02059916

    lukesmith@compass.com

    P: (949)-793-0086

Property Details for 5265 East Waverly Drive, Unit 72

Subdivision Name
Palm Canyon Villas
Carport Spaces
.00
Garage Spaces
.00
View
Pool
Furnished
Turnkey
Cross Street
Waverly Drive and Golf Club Dr

Location

Listing Courtesy of Compass, Luke Smith, DRE #02059916; Compass, Caroline Snyder, DRE #02231274
Add your commute
LISTING UPDATED: 06/06/2025 11:35 PM

Property Details for 5265 East Waverly Drive, Unit 72

StatusActive
MLS #219127656
Days on Market65
Taxes-
HOA Fees$485
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1979
CountyRiverside County

Virtual Tour

Building Information for 5265 East Waverly Drive, Unit 72

Building/Complex5265 E Waverly DrFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1979

Payment Calculator

$2,412 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,661

Property Taxes

$266

HOA Dues

$485

The Payment Calculator is for illustrative purposes only.

Property Information for 5265 East Waverly Drive, Unit 72

Summary
Location and General Information
  • Building Area Source: Assessor
  • City: Palm Springs
  • Country: US
  • Directions: Follow GPS. Cross Street: Waverly Drive and Golf Club Dr.
  • Levels: Top
  • Area: 334 - Palm Springs South End
  • Senior Community: No
  • Street Additional Info: 72
  • Unparsed Address: 5265 E Waverly Drive, 72, Palm Springs, CA 92264
  • Walk Score: 0
Parking
  • Parking Features: Other
Taxes and HOA Information
  • Association Amenities: Tennis Courts, Guest Parking, Maintenance Grounds, Other Courts
  • AssociationFeeFrequency: Monthly
  • Association Fee: $485.00
  • Association Name: Palm Canyon Villas
  • Tax Legal Description: Unit 72 Cm 024/028 Int In Common Tr 11451 Mb 099/027
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Size Acres: .00
  • Lot Size Square Feet: .00
  • Lot Size Area: 871.00
  • Lot Size Source: Assessor
  • Parcel Number: 681295012
  • Property Type: Residential, Condo
  • Property Sub Type: Condominium
Property and Assessments
  • Documents Count: 2
  • Year Built Source: Assessor
Utilities
  • Cooling: Air Conditioning
  • Cooling: Yes
  • Sewer: In Street Paid
Interior and Exterior Features
Exterior Features
  • Pool Features: Community, In Ground
  • Pool Private: Yes
  • Pool: Yes
  • Spa Features: Community, In Ground
  • Spa: Yes
  • Stories Total: 2
Interior Features
  • Appliances: Electric Range, Electric Oven, Refrigerator, Dishwasher
  • Bathrooms Full: 2
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Total Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl
  • Heating: Central
  • Heating: Yes
  • Laundry Features: In Closet
  • Living Area: 945.00
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 5265 East Waverly Drive, Unit 72

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5265 East Waverly Drive, Unit 72

Taxable ValueLand$52,020Additions$189,873Total$241,893
Tax Record2024$3,192 ($266 / month)
Home Facts
Beds2Baths1.8Total Finished SqFt945 SqFtAbove Grade Finished SqFt945 SqFtStories1Lot Size914 SqFtStyleCondominiumYear Built1979Year Renovated1980ZoningR3CountyRIVERSIDEAPN681-295-012Fireplace TypeHas Fireplace

Schools near 5265 East Waverly Drive, Unit 72

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Cahuilla Elementary School
PublicK to 5

Raymond Cree Middle School
Public6 to 8

Palm Springs High School
Public9 to 12

Cielo Vista Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5265 East Waverly Drive, Unit 72 is a condo for sale in Palm Springs, CA 92264. This property was listed for sale on April 4, 2025 by Compass, it's currently listed at $317,000. It has been on the market for a total of 65 days and was last sold on August 12, 2021. This listing's school district is Palm Springs Unified School District. Nearby schools include Cahuilla Elementary School, Raymond Cree Middle School and Palm Springs High School. 5265 East Waverly Drive, Unit 72 is a 2-bed, 2-bath, 945 sqft condo built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Luke Smith, DRE #02059916; Compass, Caroline Snyder, DRE #02231274

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.