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385 Desert Lakes Dr, Palm Springs, CA, 92264

$989,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,510 SqFt
$655/SqFt
Condo

Location

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385 Desert Lakes Dr, Palm Springs$989,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Garage Door Opener, Guest
Garage1 space
Year Built1970
HeatingForced Air
CoolingCentral Air
ViewMountain(s), Trees/Woods
Private PoolYes
MLS #219122572PS
Lot Size0.06 Acres
StatusActive

About 385 Desert Lakes Dr

Welcome to your charming retreat in the coveted Seven Lakes Golf and Country Club! This bright and stylish 2-bedroom, 2-bathroom property was renovated in 2024 and absolutely stunning! Featuring leased solar (only $175.28 a month), you'll enjoy eco-friendly living while saving on energy expenses. Additionally, the tankless water heater, filtered water system, new electrical panel, and new water line ensure modern convenience and peace of mind. Step inside and discover a space designed for both relaxation and entertainment. The seamless flow of natural light creates an inviting atmosphere, while the thoughtful layout maximizes comfort and functionality.As part of the esteemed Seven Lakes community, residents have access to a wealth of amenities, including 15 pools and spas scattered throughout the grounds. Designed by renowned architect Richard Harrison, this property is a testament to timeless design and craftsmanship. The clubhouse, a masterpiece envisioned by William Cody, serves as a focal point for dining, social gatherings, entertainment, and activities. Golf enthusiasts will appreciate the meticulously maintained 18-hole golf course, designed by Ted Robinson, offering an unparalleled experience amidst stunning scenery and lush landscapes.With the added security of a 24/7 guard-gated entrance, Seven Lakes provides a safe and serene environment for residents.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1970
  • Stories: 1
  • Living Area: 1,510 SqFt

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Richie Usher

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Flooring Type: Tile
  • Interior: Separate/Formal Dining Room, High Ceilings

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Garage, Garage Door Opener, Guest

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Guard gate entry is at East Seven Lakes Drive and South Cherokee Way Cross Street: Cherokee Way & Desert Lakes Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $989,000
  • Price Per SqFt: $655/SqFt

HOA Fees:

  • Amount: $1654
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,863
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

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Palm Springs, CA

City

Med. Sold Price

$641.7K

Med. Price/SqFt

$422

Avg. Days On Market

55

# of Sold Homes

87

385 Desert Lakes Dr vs Palm Springs

1 DAY ON ROCKET

-54 Days

$989,000

+$347.3K More

$655/SqFt

+$232 More

KEY TAKEAWAY

This property is $347.3K more than the Median Sold Price and $232/SqFt more than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219122572PS

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Richie Usher

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/11/2025, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 07, 2020Home Sold
$470,000
Mar 25, 2019Home Sold
$370,000
Nov 18, 2016Home Sold
$329,000
Mar 31, 2014Home Sold
$28,500
Mar 31, 2014Home Sold
$275,000
Mar 28, 2008Home Sold
$219,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,863$474,869
2020$4,863$377,400
2018$4,352$335,580
2017$3,774$329,000

History based on county public records data.

Payment Calculator

$6,658

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,032

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2001014
6
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 1.99 miles

  • Public District Grades KG-5

school-card-donut-2001015
2
/10

  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 2.07 miles

  • Public District Grades KG-5

school-card-donut-2001016
5
/10

  • Landau Elementary School

  • 30310 Landau Blvd

  • 2.83 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,250. Typical income of Palm Springs, CA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palm Springs, CA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Palm Springs, CA?

Palm Springs offers a diverse array of housing options, with a focus on mid-century modern architecture that captures the essence of the area's rich design heritage. Single-family homes make up a significant portion of the housing market, complemented by a selection of condominiums and townhouses that cater to a range of preferences and lifestyles. The homeownership rate in Palm Springs is high, reflecting the community's appeal to both permanent residents and those seeking vacation homes.

Is Palm Springs, CA a good place to live?

Palm Springs is celebrated for its vibrant culture and historical significance, with a community that prides itself on a relaxed yet sophisticated lifestyle. The city is renowned for its annual events, such as the Palm Springs International Film Festival and Modernism Week, which showcase its cultural dynamism and architectural legacy. The community's character is further defined by its scenic landscapes, outdoor recreational opportunities, and a strong sense of preservation for its iconic mid-century modern aesthetic.

Are things conveniently located in Palm Springs, CA?

The community benefits from a robust educational system, with a number of public and private schools that provide quality education to residents. Healthcare services in Palm Springs are comprehensive, featuring several hospitals and clinics that offer a range of medical services, from primary care to specialized treatments. The city also boasts a variety of retail and dining options that reflect the local culture, with an emphasis on boutique shops and restaurants that cater to the discerning tastes of residents and visitors alike.

What does the transportation in Palm Springs, CA look like?

Transportation in Palm Springs is facilitated by a network of roads and highways that connect the city to the broader region, with the Palm Springs International Airport offering additional connectivity. Public transit options are available, providing residents and visitors with alternatives to private vehicle use. The city is also known for its bike-friendly routes and walkable downtown area, which enhance the quality of life by promoting an active and environmentally conscious lifestyle. Recent efforts have been made to improve the efficiency and accessibility of the transportation system, ensuring that Palm Springs remains a convenient and attractive place to live and visit.

Frequently Asked Questions About 385 Desert Lakes Dr

What is the listing price of this property?

The listing price of 385 Desert Lakes Dr property is $989,000.

What type of property is this?

The property 385 Desert Lakes Dr is a condo located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 385 Desert Lakes Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,863 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 7, 2020 for $470,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 385 Desert Lakes Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 385 Desert Lakes Dr is 1,510 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 385 Desert Lakes Dr is 1970.

Rocket Homes›California›Riverside County›Palm Springs›92264›385 Desert Lakes Dr

This home is located at 385 Desert Lakes Dr in Palm Springs, CA and zip code 92264. This 1,510 square foot home, which was built in 1970, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $989,000.

In December 2024 more than 4 listings in Palm Springs, CA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 66 were sold below. In December 2024 in Palm Springs, CA there were 2.7% more homes for sale than in November 2024. Listings spent 55 days on the market in December 2024, and had a median list price of $641,700 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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