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88 Desert Lakes Dr, Palm Springs, CA, 92264

$988,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,666 SqFt
$593/SqFt
Condo

Location

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88 Desert Lakes Dr, Palm Springs$988,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1967
HeatingCentral, Forced Air
CoolingCentral Air
ViewPark, Golf Course, Lake, Mountain(s)
Private PoolYes
MLS #219122130PS
Lot Size0.05 Acres
StatusActive

About 88 Desert Lakes Dr

Welcome to resort-style living in 7 Lakes Golf and Country Club! This 2 bedroom - 2 bath remodeled property offers the perfect blend of modern comfort and breathtaking views, making it the ultimate oasis. This property has been meticulously maintained and boasts numerous upgrades, including new windows/sliders, roof, HVAC system, water heater, and main water line replacement, ensuring peace of mind. Step inside to discover a spacious open-concept layout, highlighted by soaring ceilings and an abundance of natural light. The seamless flow from the living room to the dining area and kitchen creates an inviting atmosphere, ideal for both casual living and entertaining. Relax and unwind in the comfort of the living area, complete with panoramic views of 3 fairways! Enjoy outdoor dining, sipping your morning coffee, or simply taking in the desert sun in your large courtyard.As a resident of 7 Lakes Golf and Country Club, you'll enjoy exclusive access to the iconic clubhouse designed by William Cody and a meticulously manicured golf course by Ted Robinson. With 24/7 guarded gate security and 15 pools and spas scattered throughout the community, every day feels like a vacation. Don't miss the opportunity to make this spectacular property your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1967
  • Stories: 1
  • Living Area: 1,666 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Concrete
  • Interior: Breakfast Bar, Separate/Formal Dining Room, High Ceilings, Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Park, Golf Course, Lake, Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Close to Clubhouse, Greenbelt, Landscaped, On Golf Course, Paved
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From E. Palm Canyon Drive, turn North on Cherokee Way (by the Parker Hotel), entrance gate is straight ahead. Cross Street: Cherokee Way and Desert Lakes Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $988,000
  • Price Per SqFt: $593/SqFt

HOA Fees:

  • Amount: $1654
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,113
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$641.7K

Med. Price/SqFt

$422

Avg. Days On Market

55

# of Sold Homes

87

88 Desert Lakes Dr vs Palm Springs

2 DAYS ON ROCKET

-53 Days

$988,000

+$346.3K More

$593/SqFt

+$170 More

KEY TAKEAWAY

This property is $346.3K more than the Median Sold Price and $170/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: #219122130PS

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: 1/6/2025, 9:21:00 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

May 26, 2020Home Sold
$497,000
Dec 17, 2014Home Sold
$355,000
Sep 27, 2013Home Sold
$222,000
Sep 14, 2009Home Sold
$66,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,113$501,946
2020$5,113$390,118
2018$4,934$374,971
2017$4,723$367,619

History based on county public records data.

Payment Calculator

$6,653

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,029

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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-751305
2
/10
  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 1.93 miles

  • Public District Grades KG-5

school-card-donut-751306
6
/10
  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 2.33 miles

  • Public District Grades KG-5

school-card-donut-751307
5
/10
  • Landau Elementary School

  • 30310 Landau Blvd

  • 2.61 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,250. The most common annual income of people living in Palm Springs, CA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

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 are the common housing types 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.

What are the advantages of living in Palm Springs, CA?

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 essential services in Palm Springs, CA convenient?

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.

How do Palm Springs, CA residents get around?

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 88 Desert Lakes Dr

What is the listing price of this property?

The listing price of 88 Desert Lakes Dr property is $988,000.

What type of property is this?

The property 88 Desert Lakes Dr is a condo located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 88 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 $5,113 (source: MLS/based on county public records data).

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

The last sale was on May 26, 2020 for $497,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 88 Desert Lakes Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 88 Desert Lakes Dr is 1,666 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 88 Desert Lakes Dr is 1967.

Rocket HomesCaliforniaRiverside CountyPalm Springs9226488 Desert Lakes Dr

This home is located at 88 Desert Lakes Dr in Palm Springs, CA and zip code 92264. This 1,666 square foot home, which was built in 1967, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $988,000.

Palm Springs, CA housing market in December 2024 saw over 4 listings sold above listed price, more than 17 sold at listed price and over 66 sold below. The number of homes for sale in Palm Springs, CA increased by 2.7% between November 2024 and December 2024. In December 2024 median list price was $641,700 and the average listing age was 55 days.

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

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