This home's estimate is 32.4% lower than the average sale price ($627K) of 6 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
- Climate
500 W Arenas #3, Palm Springs, CA 92262
About this home
BANK OWNED. Someone's going to get a DEAL. Great Tennis Club location. One block from the village. Nearly 1,600 square feet features two master bedroom retreats, 2.5 baths, updated kitchen with slab granite, open living/dining room, floating staircase, view balcony and patio. Panoramic mountain and pool views. Developer's lease can be purchased for $75K, making this unit fee simple.
Redfin Estimate
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Market trends in 92262, CA
Last updated October 2026
Buyer's Market
Seller's Market
Buyer's market
- NEW 11 HRS AGO
353 E Via Escuela #213, Palm Springs, CA 92262 See all
Provided by Redfin
Sale history for 500 W Arenas #3
$44/sq ft
$141/sq ft
$119/sq ft
Tax history for 500 W Arenas #3
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R2
Limited Multiple-Family Residential Zone
The R-2 zone is intended to provide for the development of medium-density multiple-family residential uses.Include but are not limited to:
- Day care facility
- Housing-Single unit
- Housing-Multiple units
- Housing-Other
- Hotel / motel
Property details
Interior
- Bathroom Information
- Full Baths: 2
- Half Baths: 1
- Room Information
- Rooms: Living Room
- Eating Areas: Formal Dining Room
- Laundry Location: Laundry Area
- Interior Features
- Furnished: Unfurnished
- Flooring
- Carpet, Ceramic Tile
- Heating & Cooling
- Heating Type: Forced Air
- Cooling Type: Air Conditioning, Central Air
Exterior
- Building Information
- Levels: Two
- Exterior Features
- Patio Features: Balcony, Concrete Slab
- Pool Information
- Has Pool
- Pool Location: Community
- Pool Description: Community, Heated
- Spa/Hot Tub Description: Community
- Land Information
- Lot Acres: 0.0300
- Land Type: Lease
- Land Type: Lease
- Lot Information
- Lot Size Source: Assessor
- Property Features
- Sq Ft Source: Other
- View Type: Mountain(s), Panoramic, Pool
- Property Sub-Type: Condominium
- Property Orientation Faces: Front Door Faces West
Financial
- Rental Information
- Land Lease Amt/Annual: $1,500
Utilities
- Utilities Information
- Water: Water District
- Sewer: In, Connected and Paid
- TV Services: Cable TV
Location
- Homeowners Association Information
- HOA Information: Association Fee 1: 300.00
- Total Monthly Association Fees: 300.00
- Association Pet Rules: Call
- School Information
- School District: Palm Springs Unified
- Location Information
- Directions: Arenas towards the mountain, just west of Belardo on the right. Unit #3.
- Cross Streets: Belardo
- Community Information
- Unit Total in Complex: 12
- Unit Total in Complex: 12
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 1,580
- Stories: 2.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 1970
- Year Renovated: 1970
- County: Riverside County
- APN: 513501003
Other
- Listing Information
- Listing Terms: Cash
- Will Consider Lease: No
About this building
Unit Information Not Available
There aren't any units for sale in this building.
Around this home
Schools
- K - 12
- Preschool & daycare
Public K-5 • Assigned • 1.2mi
Public 6-8 • Assigned • 1.8mi
Public 9-12 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
22% chance of being in a wildfire in next 30 years
10 days above 112° expected this year, 29 days in 30 years
Minimal risk of severe winds over next 30 years
10 unhealthy days expected this year, 12 days in 30 years
Sun exposure
In this area, properties receive around 10.3 hours in June and 7.4 hours in December, placing it above the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 92262
Home values near 500 W Arenas #3
| Address | Redfin Estimate |
|---|---|
6 Beds | 6 Baths | 3646 Sq. Ft. | $2,668,009 |
2 Beds | 2 Baths | 1280 Sq. Ft. | $702,769 |
1 Beds | 1 Baths | 868 Sq. Ft. | $312,866 |
1 Beds | 1 Baths | 933 Sq. Ft. | $659,315 |
3 Beds | 3.5 Baths | 2143 Sq. Ft. | $1,376,010 |
2 Beds | 2.5 Baths | 1813 Sq. Ft. | $1,017,414 |
3 Beds | 3.5 Baths | 1962 Sq. Ft. | $1,160,273 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 3 Baths | 1432 Sq. Ft. | $795,220 |
2 Beds | 2 Baths | 1244 Sq. Ft. | $518,110 |
3 Beds | 2.5 Baths | 2234 Sq. Ft. | $1,275,817 |
- Beds | - Baths | - Sq. Ft. | — |
3 Beds | 3.5 Baths | 2442 Sq. Ft. | $1,008,383 |
3 Beds | 3.5 Baths | 2443 Sq. Ft. | $1,463,264 |
4 Beds | 4.5 Baths | 2602 Sq. Ft. | $1,470,128 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2.5 Baths | 1486 Sq. Ft. | $863,936 |
2 Beds | 3 Baths | 1234 Sq. Ft. | $740,893 |
1 Beds | 1 Baths | 886 Sq. Ft. | $466,837 |
9 Beds | 9 Baths | - Sq. Ft. | — |
2 Beds | 2.5 Baths | 1813 Sq. Ft. | $1,095,212 |
3 Beds | 3.5 Baths | 1962 Sq. Ft. | $1,709,652 |
3 Beds | 3.5 Baths | 2143 Sq. Ft. | $1,586,482 |
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