**PRICE REFLECTS ANNUAL LEASE- SHORT TERM RENTAL MAY BE CONSIDERED FOR $6,500 PER MONTH**Your Private Corner of Paradise at 'The 500 West' Discover one of the most exclusive settings in this iconic Herbert Burns mid-century complex--a secluded corner unit where mountain views and downtown energy meet. From your private patio, enjoy the changing light on the San Jacinto Mountains in a peaceful, tucked-away setting. This ground-level layout offers easy living with two separated primary suites for added privacy. The spacious kitchen with in-unit washer and dryer is perfect for everyday living or entertaining. Step outside to your patio oasis, just moments from the pool and spa. Downtown Palm Springs' dining, galleries, and nightlife are all within walking distance, with nearby hiking and biking trails. This home also offers cash-generating potential as an income-producing, part-time vacation rental, combining lifestyle and investment appeal. 'The 500 West' delivers architectural charm, prime location, and a well-designed community. A rare corner unit with single-level convenience. 30-day minimum vacation rental policy applies.
Historic Tennis Club, located between South Palm Canyon Drive and the base of the San Jacinto Mountains, is a historic and resort-style Palm Springs neighborhood with midcentury-modern streetscapes and a canyon-edge setting. The neighborhood’s character concentrates around the Palm Canyon Drive corridor near Baristo Road, where sidewalk patios, galleries, and cocktail bars set a polished, late-day pace. The Historic Tennis Club anchors the area with courts and a classic clubhouse presence. Moorten Botanical Garden and Cactarium adds desert texture and a living-collection feel a short walk away. Spanish Revival and midcentury homes sit behind palms and low walls, with mountain views framing many blocks. Foot traffic flows toward downtown dining and design, while quieter lanes keep a private, tucked-away rhythm.
Provided by Walk Score and Local Logic
Historical weather
Palm Springs, CA • 92262
Average low and high temperatures (°F)
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Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
22% chance of being in a wildfire in next 30 years
9/10 Heat Factor
10 days above 112° expected this year, 29 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
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.
This property is priced $389 below the rental estimate which makes this a great deal!
Asking rent
$2,950
Rental estimate
$3,339
Nearby comparable rentals
The Rental Estimate uses 0 recent nearby rental.
Sale and tax history for 500 W Arenas Rd #4
Sale History
Tax History
Date
Event
Price
CRMLS #219152263PS
Oct 20, 2026
Price Changed
$2,950
$2/sq ft
Oct 19, 2026
Price Changed
$2,950
$2/sq ft
Oct 19, 2026
Price Changed
$3,000
$2/sq ft
Oct 18, 2026
Price Changed
$3,000
$2/sq ft
Sep 4, 2026
Listed for Rent
$3,500
$3/sq ft
GPSMLS #219143125
Jun 12, 2026
Listing Removed
—
Apr 6, 2026
Price Changed
$699,000
$546/sq ft
Feb 24, 2026
Price Changed
$725,000
$566/sq ft
Feb 12, 2026
Listed
$749,000
$585/sq ft
GPSMLS #219066463
Nov 3, 2021
Sold
$625,000
$488/sq ft
Oct 18, 2021
Pending
—
Oct 3, 2021
Contingent
—
Aug 20, 2021
Listed
$657,000
$513/sq ft
+20
Downtown Palm Springs Condo in an Iconic Herbert Burns Mid-Century Complex! Location is everything with this great condo, just a short stroll to downtown shops, restaurants and entertainment plus outdoor enthusiasts will appreciate the nearby hiking and biking trails. Tucked back from the outside world you can take in the ever-changing views of the San Jacinto mountains from the comfort of your own covered patio. The 2 primary bedrooms are nicely separated to insure privacy. A large kitchen gives you plenty of room to move about to create delicious meals. Enjoy the sparkling pool and spa just outside your door then go out on the town! 'The 500' is where you want to be for community, location and look. 30 Minimum Vacation Rental Policy.
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Listing agent: Encore Premier Group
Based on information from California Regional Multiple Listing Service, Inc. as of 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Last Updated: 2026-11-01T15:34:50.557Z
500 W Arenas Rd is a 1280 square foot property with 2 bedrooms and 2 bathrooms. We estimate that 500 W Arenas Rd would rent between $3,339 / mo.500 W Arenas Rd is located in Palm Springs, the 92262 zipcode, and the Palm Springs Unified School District.