SIMPLY MAGNIFICENT. Located in a quiet street in the heart of Central Palm Springs, walking distance to everything, a couple of blocks to hip restaurants, cafes, bars, museums, galleries, theaters, Spa Casino. This elegant townhome has the largest floorplan + best unit at 48@Arenas. Phenomenal indoor-outdoor living + privacy. One of the few w/ a ovesized large L-shape patio that wraps around + mature landscape + oversized deck upstairs w/ incredible unobstructed Mtn views to enjoy beautiful sunrise + moonrise. This fully renovated 2BD/2.5BA end unit (attached only on 1 side) faces East keeping cool in the summer. Upgrades include polished concrete flooring, mantel, kitchen island, cabinets, quartz countertops, fridge, wine cooler, exquisite new flooring, bathrooms, steam shower, closet organizer, new gas line in the patio for firepit/BBQ, hi-efficiency AC. Both En-Suite BDs are extremely generous w/ vaulted ceilings + space for home-offices. Ample hallway for another living/working space. This B plan is bright + offers the largest kitchen space + separate dining area that opens to patio. Direct access to 2 covered car parking. 4 community pools/spas. Laundry inside. You OWN the land.
CondoProperty Type
2003Year Built
1,742 sq ftLot Size
$387Est. Price/Sq.Ft.
2 spacesParking
Listed by Leonardo Montenegro•DRE #01413476• Keller Williams Realty
Bought with Robert Carlson•DRE #01893637• Berkshire Hathaway HomeServices California Properties
Location. Location. Location at a great price!! This Contemporary Central Palm Springs town home condo is at the heart of the City only 2.5 blocks to downtown Palm Springs. This 12 year old, two story, end unit town home on FEE simple land has direct access from the street. One of the largest homes in the complex, it offers 2 Master Suites with a large balcony/patio off of one of the suites. The light, open and airy first floor living area has high ceilings, fireplace, dinning area plus a breakfast bar. The L-shaped enclosed patio can be accessed from both the living and dining areas. The two master bedroom suites have generous closet space. Second floor landing area has room for a computer/office work station. Two covered parking spaces have direct access from the kitchen. The complex offers 4 pools and spas for your enjoyment.
PALM #41420516PS
Aug 1, 2011
Delisted
—
Feb 15, 2011
Listed
*
GPSMLS #41312231
Nov 21, 2007
Sold
$452,000
$252/sq ft
Nov 19, 2007
Listed
$452,000
$252/sq ft
GPSMLS #21178305
Jul 17, 2004
Listing Removed
—
Mar 22, 2004
Listed
$505,000
$281/sq ft
GPSMLS #21161792
Jul 28, 2003
Listing Removed
—
Feb 28, 2003
Listed
$379,000
$211/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,969 (−2.6%)
$54,121 + $524,978
$579,099
2024
$7,154 (−1.8%)
$54,121 + $524,978
$579,099
2023
$7,288 (−0.1%)
$53,060 + $514,685
$567,745
2022
$7,297 (+2.0%)
$52,020 + $504,594
$556,614
2021
$7,151 (+28.2%)
$51,000 + $494,700
$545,700
2020
$5,577 (+1.7%)
$50,000 + $485,000
$535,000
2019
$5,482 (+1.9%)
$106,594 + $321,988
$428,582
2018
$5,382 (+1.4%)
$104,504 + $315,675
$420,179
2017
$5,306 (+3.0%)
$100,448 + $303,417
$403,865
2016
$5,153
$100,448 + $303,417
$403,865
2015
$5,153 (+8.6%)
$98,479 + $297,468
$395,947
2014
$4,746 (+20.5%)
$93,000 + $278,000
$371,000
2013
$3,939 (+5.5%)
$93,000 + $278,000
$371,000
2012
$3,734 (−2.3%)
$75,000 + $226,000
$301,000
2011
$3,820 (−9.6%)
$74,000 + $221,000
$295,000
2010
$4,225 (−11.0%)
$76,000 + $230,000
$306,000
2009
$4,750 (−11.8%)
$83,000 + $249,000
$332,000
2008
$5,383
$94,000 + $282,000
$376,000
Tax history for 701 E Arenas Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,969 (−2.6%)
$54,121 + $524,978
$579,099
2024
$7,154 (−1.8%)
$54,121 + $524,978
$579,099
2023
$7,288 (−0.1%)
$53,060 + $514,685
$567,745
2022
$7,297 (+2.0%)
$52,020 + $504,594
$556,614
2021
$7,151 (+28.2%)
$51,000 + $494,700
$545,700
2020
$5,577 (+1.7%)
$50,000 + $485,000
$535,000
2019
$5,482 (+1.9%)
$106,594 + $321,988
$428,582
2018
$5,382 (+1.4%)
$104,504 + $315,675
$420,179
2017
$5,306 (+3.0%)
$100,448 + $303,417
$403,865
2016
$5,153
$100,448 + $303,417
$403,865
2015
$5,153 (+8.6%)
$98,479 + $297,468
$395,947
2014
$4,746 (+20.5%)
$93,000 + $278,000
$371,000
2013
$3,939 (+5.5%)
$93,000 + $278,000
$371,000
2012
$3,734 (−2.3%)
$75,000 + $226,000
$301,000
2011
$3,820 (−9.6%)
$74,000 + $221,000
$295,000
2010
$4,225 (−11.0%)
$76,000 + $230,000
$306,000
2009
$4,750 (−11.8%)
$83,000 + $249,000
$332,000
2008
$5,383
$94,000 + $282,000
$376,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2004
Sq. Ft.
1,794
Year built
2003
Style
Condo/Co-op
County
Riverside County
APN
508088067
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Property details
Parking
Parking and Garage Information
Total Parking Spaces: 2
Parking: Assigned, Side By Side, Covered, Direct Entrance, Attached Carport
Total Covered Spaces: 2
Interior
Virtual Tour
Bedroom Information
Bedroom Features: 2 Master Bedrooms, Walk In Closet, Master Suite, Dressing Area, All Bedrooms Up
Pool Description: Community, Heated, In Ground, Fenced
Pool Construction: In Ground
Has Spa/Hot Tub
Spa/Hot Tub Description: Community, Heated
Spa/Hot Tub Construction: In Ground
Land Information
Lot Acres: 0.0399
Land Type: Fee
Land Type: Fee Simple
Irrigation: Sprinkler System
Lot Information
Lot Size Source: Assessor
Lot Location: Near Public Transit, Park Nearby
Lot Description: Corners Marked, Street Paved, Landscaped, Fenced, Front Yard
Property Features
Sq Ft Source: Assessor
View: Has View
View Type: Mountain(s), Trees/Woods
Property Sub-Type: Condominium
Property Attached/Detached: Attached
Property Condition: Updated/Remodeled
Financial
Rental Information
Rental Restrictions: Yes
Has Rental Restrictions
Utilities
Utilities Information
PUD Y/N: No
Water: Water District
Water District Name: Desert Air
Sewer: In, Connected and Paid
TV Services: Cable TV
Location
Homeowners Association Information
HOA Information: Association Fee 1: 500.00
Yes
Association 1 Frequency: Monthly
Total Monthly Association Fees: 500.00
Association Fees Include: Water
Association Amenities: Guest Parking, Pet Rules
Association Pet Rules: Assoc Pet Rules
School Information
School District: Palm Springs Unified
Elementary School: Cahuilla
Junior Middle School: Raymond Cree
High School: Palm Springs
Location Information
Directions: From Indian Canyon, go East on Arenas for a couple of blocks. 48@Arenas is on the right (South) side. Park on the street. Gate to the unit faces street.
End Unit, Outside Unit, Ground Floor
Cross Streets: On Arenas btw Calle El Segundo and Avenida Caballeros
Community Information
Unit Total in Complex: 48
Unit Total in Complex: 48
Gated Community: Yes
Public facts
Beds: 2
Baths: 2.5
Sq. Ft.: 1,794
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2003
Year Renovated: 2004
County: Riverside County
APN: 508088067
Home facts updated by county records on Aug 7, 2026
Other
Documents & Disclosures
Disclosures: CC & R, Homeowners Association, Property Report
Listing Information
Exclusions of Sale: FURNITURE AND FURNISHINGS available OUTSIDE escrow. Few items are staged.
Included in Sale: All appliances: refrigerator, dishwasher, microwave, range, washer/dryer combo, wine cooler.
Listing Terms: Cash, Cash to New Loan, Cash to Existing Loan
Sale Type: Standard
Possession: Close Of Escrow, Negotiable
Short Term Rentals: Yes
Will Consider Lease: No
Around this home
Schools
Cahuilla Elementary School
Public K-5 • Assigned • 0.9mi
3/10
Raymond Cree Middle School
Public 6-8 • Assigned • 1.6mi
5/10
Palm Springs High School
Public 9-12 • Assigned • 1.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
18% chance of being in a wildfire in next 30 years
9/10 Heat Factor
9 days above 112° expected this year, 27 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Palm Springs, CA • 92262
Average low and high temperatures (°F)
66
50
73
55
79
60
79
60
86
66
96
75
100
78
101
80
94
76
87
68
72
56
71
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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.
10.3 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$660,000 – $799,000
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