Back 8/500 W Arenas Rd
Off Market

8/500 W Arenas Rd

Palm Springs CA 92262

3
3
3
2234 sq. ft.
3485 sq. ft.
Condo
Last sold for $887,500
Michelle KnutsonMichelle Knutson, last sold this property on 29 March 2021 after -1053 days on market.

Overview

Welcome to 500 W. Arenas Road #8, where timeless Palm Springs living meets classic mid-century modern charm, meticulously crafted by renowned architect Herbert Burns in 1969. The residence boasts 3 bedrooms, 2.5 bathrooms, and an abundance of natural light streaming through 10 sky domes and expansive windows. Dive into the essence of mid-century luxury with iconic features like the sleek wet bar, indulgent massage room, and vintage in-wall radio, adding a touch of nostalgic elegance to every moment. Outside, a private front patio invites you to unwind as you overlook the shimmering pool and rejuvenating spa, creating a serene oasis amidst the desert landscape. Conveniently located just minutes from downtown, this residence offers the epitome of mid-century modern living in Palm Springs. Whether you're entertaining guests or seeking tranquil relaxation, this home is your perfect sanctuary in the heart of the desert. Property includes private 1-car garage.

Features

3 bedrooms
3 bathrooms
3 carspaces
2 open car spaces
1 garage space
2234 sq. ft. floor area
3485 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Palm Springs over the last 12 months, the estimated median property value of 8/500 W Arenas Rd is $527k.

Median value
$527k
Estimated value range
$2.95k - $1.5m
Median days on market
53
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Palm Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8/500 W Arenas Rd

2023
Rented
Undisclosed
13 Mar 2023 by The Agency
2021
Sold
$887,500
29 Mar 2021 by Michelle Knutson, of The Agency
2017
Sold
$485,000
30 Jun 2017 by Sandra Quinn, of Berkshire Hathaway HomeServices California Properties (Palm Springs, 92262)

Happy sellers in Palm Springs

<50%
Less than 50% of sellers in Palm Springs reported that their sale price either exceeded or met their price expectations.

Palm Springs stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Palm Springs over the last 12 months.

Local market activity for 3 bedroom condos in Palm Springs

In the last 12 months, 59 three-bedroom condos similar to 8/500 W Arenas Rd, have been sold.

This represents a 16% increase in three-bedroom condos sales when compared to the previous 12 months.

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