Top floor, Penthouse unit! Excellent opportunity to customize this to your own personal preferences. If you are looking for a condo in the highly sought-after South Palm Springs area, look no further than Biltmore Phase III. This single-level condo on the third floor offers easy elevator access. The open kitchen has ample cabinet space, gas stove and bar seating that seamlessly connects to the living area, which includes a wet bar for entertaining. The condo boasts two spacious bedrooms, each with direct access to their own private bathrooms. Plus, they are positioned on opposite sides for maximum privacy. Enjoy stunning western mountain views from the large balcony. Community amenities include carport parking, a community laundry room, an oversized pool, spa, BBQ area, and a cabana with misters for outdoor dining. How luxurious! Conveniently located near downtown and all the popular destinations. It doesn't get better than this! The private land lease is extended to August 31, 2072. The land lease amount is $282.51 per month or $3,390.12 per year. Property needs HVAC repair. Please see attached supplements for seller disclosures. Unit comes with one carport parking spot. Next to the elevator is a door 34A, that has all the storage lockers. Seller did pass away in the condo of natural causes. Lease transfer fee up to $675 depending on financing. Also, AirBNB is NOT allowed. 30 day minimum lease. Be sure to see the 3D matterport tour link.
Sold for $240,000
Listed by: COMPASS • Douglas Lee • Contact: 650-279-1212
Bought with: Coldwell Banker Realty
$240,000
1500 S Camino Real APT 301A, Palm Springs, CA 92264
2beds
1,102sqft
Condominium
Built in 1974
-- sqft lot
$416,700 Zestimate®
$218/sqft
$4,162 Estimated rent
Home value
$416,700
$375,000 - $467,000
$4,162/mo
Zestimate® history
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List your homeWhat's special
Large balconyBbq areaOpen kitchenOversized poolCabana with mistersBar seatingAmple cabinet space
Zillow last checked:
Listing updated:
Listed by:
Douglas Lee DRE #01463907 650-279-1212,
COMPASS,
Manuel Aleja Morales Enamorado DRE #02246870,
COMPASS
Bought with:
Jesus Ovier Alvarez Fajardo, DRE #02058392
Coldwell Banker Realty
Source: CRMLS,MLS#: AR24217502
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom, Other
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Tub Shower, Walk-In Shower
Kitchen
- Features: Laminate Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Range, Range Hood
- Laundry: Common Area
Features
- Laminate Counters, All Bedrooms Up, Main Level Primary
- Flooring: Carpet
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,102 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Entry location: 3
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Community
- Has view: Yes
- View description: Mountain(s)
Lot
- Features: 36-40 Units/Acre
Details
- Parcel number: 508512034
- On leased land: Yes
- Lease amount: $283
- Zoning: R3
- Special conditions: Probate Listing
Construction
Type & style
- Home type: Condo
- Architectural style: See Remarks
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Fixer
- New construction: No
- Year built: 1974
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Suburban, Pool
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Biltmore (33409)
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Pool, Spa/Hot Tub
- HOA fee: $662 monthly
- HOA name: Palm Springs Biltmore Condos III
- HOA phone: 760-322-2310
- Second HOA phone: 760-862-6323
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $352,559
- Annual tax amount: $4,336
- Date on market: 12/3/2024
- Cumulative days on market: 103 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,Cal Vet Loan,1031 Exchange,Fannie Mae
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2025 | Sold | $240,000+9.1%$218/sqft |
Source:  CRMLS #AR24217502 Report a problem | ||
| 3/17/2025 | Pending sale | $219,950$200/sqft |
Source: CRMLS #AR24217502 Report a problem | ||
| 2/20/2025 | Price change | $219,950-12%$200/sqft |
Source: CRMLS #AR24217502 Report a problem | ||
| 1/3/2025 | Listed for sale | $249,950$227/sqft |
Source: CRMLS #AR24217502 Report a problem | ||
| 12/23/2024 | Contingent | $249,950$227/sqft |
Source: CRMLS #AR24217502 Report a problem | ||
| 12/3/2024 | Listed for sale | $249,950+156.4%$227/sqft |
Source: CRMLS #AR24217502 Report a problem | ||
| 4/23/2003 | Sold | $97,500$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,336 +12.2% | $352,559 +16% |
| 2024 | $3,865 +1.9% | $304,000 +5.9% |
| 2023 | $3,793 +7.4% | $286,968 +10% |
| 2022 | $3,532 +21.8% | $260,880 +23% |
| 2021 | $2,898 +13.1% | $212,097 +10% |
| 2020 | $2,562 -0.8% | $192,816 +3% |
| 2019 | $2,584 +3.6% | $187,200 +4% |
| 2018 | $2,496 +6.5% | $180,000 +7.8% |
| 2017 | $2,344 | $167,000 +8.4% |
| 2016 | $2,344 +11.9% | $154,000 |
| 2015 | $2,094 +9% | $154,000 +10% |
| 2014 | $1,920 | $140,000 +3.7% |
| 2013 | -- | $135,000 +9.8% |
| 2012 | -- | $123,000 -7.5% |
| 2011 | -- | $133,000 +2.3% |
| 2010 | -- | $130,000 -1.5% |
| 2009 | -- | $132,000 -40.8% |
| 2008 | -- | $223,000 -15.3% |
| 2007 | -- | $263,160 +2% |
| 2006 | -- | $258,000 +120.7% |
| 2005 | -- | $116,891 +27.3% |
| 2003 | -- | $91,800 +11.7% |
| 2002 | -- | $82,178 +2% |
| 2001 | $1,049 +16.2% | $80,568 +18.5% |
| 2000 | $903 | $68,000 |
Find assessor info on the county website
Neighborhood: 92264
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Nearby schools
GreatSchools rating
- 3/10Cahuilla Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$416,700
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Estimated market value
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- California
- Riverside County
- Palm Springs
- 92264
- 1500 S Camino Real Apartment 301A
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