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Sold for $500,000
  • $500,000

    1111 E Palm Canyon Dr #340, Palm Springs, CA 92264

    1beds
    590sqft
    Residential, Condominium
    Built in 1957
    -- sqft lot
    $501,400 Zestimate®
    $847/sqft
    $1,758 Estimated rent

    Home value

    $501,400

    $451,000 - $557,000

    $1,758/mo

    Zestimate® history
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    What's special

    Champagne cork-shaped poolNew hvac systemEast-facing patioSofa sleeperMid-century-inspired interiorTwo hot tubsFull-sized washer and dryer
    Welcome to the Ocotillo Lodge Unit #340, a Historic Palm Springs Gem. Nestled in the iconic Twin Palms neighborhood, the Ocotillo Lodge was built in 1957 by renowned architects William Krisel & Dan Palmer and has a rich history of attracting celebrity guests. Originally a hotel, it was converted into condos in 1995, but its timeless charm and mid-century modern style remain intact. Recently undergoing a major renovation, this stunning condo boasts modern upgrades while retaining its historic charm. Located in the back of the complex with an East-facing patio, enjoy quiet mornings with views of the San Jacinto Mountains. The unit is newly furnished with a Mid-Century-inspired interior, channeling the vibrant Palm Springs vibe, and includes everything you need to live in comfort, from kitchenware and small appliances to bedding, decor, and artwork. Key Features: Fully furnished, with all necessary household items (except for staging pieces); Completely remodeled, including a new HVAC system; A sofa sleeper for added comfort and versatility; Full-sized washer and dryer; Monthly HOA dues cover ALL utilities: electricity, water, hot water, trash, sewage, cable TV, and internet; Located in a historic district, eligible for the Mills Act, offering potential property tax savings. The complex completed an extensive refurbishment and renovation within the last few years to preserve the original character of the architecture. Amenities include a champagne cork-shaped pool, two hot tubs, a clubhouse with pool tables, a community gym, and an outdoor Sunshine Bar with a built-in grill perfect for entertaining or enjoying a sunset cocktail. The historic significance of the Ocotillo Lodge, combined with its prime location near shops, restaurants, and entertainment, makes it a rare and sought-after property in Palm Springs. This condo has been a highly rated short-term rental (STR), receiving 100% 5-star ratings since it began renting in May 2024. Whether you're looking to immerse yourself in the desert resort lifestyle or make a smart investment, this property offers both a unique living experience and great potential. Don't miss your chance to be a part of Palm Springs history! Ocotillo Lodge is a Class 1 Historic District in Palm Springs and as such this property may qualify for Mills Act Historic Status--see listing agent for details.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roger Gendron DRE # 01968062 818-571-4390,

    Engel & Volkers Palm Desert 760-453-0072

    Bought with:

    Todd Cromwell, DRE # 02068077

    Keller Williams Luxury Homes

    Source: CLAW,MLS#: 25491835PSMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Breakfast Bar
    Bathroom
    • Features: Shower Stall, Remodeled
    Kitchen
    • Features: Remodeled, Open to Family Room
    Heating
    • Central, Electric
    Cooling
    • Air Conditioning, Central Air, Electric
    Appliances
    • Included: Electric Cooking Appliances, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Disposal
    • Laundry: Laundry Closet, Stackable W/D Hookup
    Features
    • Turnkey
    • Flooring: Cement
    • Doors: Mirrored Closet Door(s)
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 590
    • Total interior livable area: 590 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Circular Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Concrete Slab, Patio
    • Pool features: Association, Heated And Filtered, Safety Fence, Community
    • Spa features: Heated with Gas, Community, Fenced, Hot Tub
    • Has view: Yes
    • View description: Mountain(s), Tree Top
    Details
    • Parcel number: 511035082
    • Special conditions: Standard
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mid-Century
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1957

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Community Mailbox
    • Security: Card/Code Access, Gated, Smoke Detector(s)
    • Subdivision: The Ocotillo Lodge
    HOA
    • Has HOA: Yes
    • Amenities included: Assoc Barbecue, Assoc Pet Rules, Billiard Room, Clubhouse, Controlled Access, Exercise Room, Gated, Guest Parking, Hot Water, Outdoor Cooking Area, Picnic Area, Pool, Rec Multipurpose Rm, Spa/Hot Tub
    • Services included: Building and Grounds, Cable TV, Clubhouse, Electricity, Trash
    • HOA fee: $836 monthly
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $847/sqft
    • Tax assessed value: $510,000
    • Date on market: 1/30/2025

    Price history

    DateEventPrice
    4/2/2025Sold$500,000-2%$847/sqft
    Source: CLAW #25491835PS Report a problem
    3/26/2025Pending sale$510,000$864/sqft
    Source: CLAW #25491835PS Report a problem
    3/12/2025Contingent$510,000$864/sqft
    Source: CLAW #25491835PS Report a problem
    1/30/2025Listed for sale$510,000+18.6%$864/sqft
    Source: CLAW #25491835PS Report a problem
    10/6/2022Sold$430,000$729/sqft
    Source: Public Record Report a problem
    9/8/2022Contingent$430,000$729/sqft
    Source: CRMLS #SW22194668 Report a problem
    9/5/2022Listed for sale$430,000+711.3%$729/sqft
    Source: CRMLS #SW22194668 Report a problem
    1/19/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/10/2021Listed for rent$2,700$5/sqft
    Source: Zillow Rental Manager Report a problem
    12/31/1996Sold$53,000$90/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $510,000 +14%
    2025$5,443 -2.6%$447,372 +2%
    2024$5,586 -1.8%$438,600 +2%
    2023$5,690 +143%$430,000 +165.8%
    2022$2,342 +1.9%$161,747 +2%
    2021$2,298 +4.3%$158,576 +1%
    2020$2,204 +1.6%$156,951 +2%
    2019$2,169 +6.1%$153,874 +2%
    2018$2,045 +1.4%$150,857 +2%
    2017$2,017 $147,900 +233%
    2016$2,017 +167.6%$44,412 +1.5%
    2015$754 +3.9%$43,747 +2%
    2014$725 $42,892 +0.4%
    2013-- $42,700 +2%
    2012-- $41,864 +2%
    2011-- $41,044 +0.7%
    2010-- $40,739 -0.2%
    2009-- $40,838
    Find assessor info on the county website

    Neighborhood: Twin Palms

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $501,400
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    Estimated market value
    $501,400