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Sold for $525,000
  • Listing Provided by: BD Homes-The Paul Kaplan Group
    Bought with: Compass
    $525,000

    487 Rio Vista Dr, Palm Springs, CA 92262

    2beds
    1,618sqft
    Condominium
    Built in 1980
    -- sqft lot
    $525,000 Zestimate®
    $324/sqft
    $3,837 Estimated rent

    Home value

    $525,000

    $473,000 - $583,000

    $3,837/mo

    Zestimate® history
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    $4,052/mo

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    What's special

    Unique opportunity to own a garden villa in the heart of the village of Palm Springs. Single level living with an attached 2 car garage. Private courtyard entry, split bedroom plan. Unheard for this area to have a formal dining room & breakfast nook. Spectacular western mountain views overlooking one of 4 community pools/spas. Gated secure community, recently updated with drought tolerant desert-scape and fresh paint. Sunken north/south tennis and pickle ball courts. Full size laundry area is located inside the unit, the main en suite bedroom features a large soaking tub and separate shower. This is a very spacious and elegant floor plan. Leave the car at home, this location puts you close to all that our city has to offer. Recently renegotiated land lease has been extended to 2067.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Mike Johnson DRE #01313228 760-902-8207,

    BD Homes-The Paul Kaplan Group,

    Co-Listing Agent: Gary Johns DRE #00594206 760-327-7290,

    BD Homes-The Paul Kaplan Group

    Bought with:

    Guy Prehn, DRE #01884472

    Compass

    Source: CRMLS,MLS#: 219126626PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bathroom
    • Features: Bathtub, Separate Shower, Vanity
    Kitchen
    • Features: Tile Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
    Features
    • Breakfast Area, Sunken Living Room
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room, Raised Hearth
    Interior area
    • Total interior livable area: 1,618 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, In Ground
    • Spa features: Community, In Ground
    • Has view: Yes
    • View description: Mountain(s), Pool
    Lot
    • Features: Sprinklers Timer
    Details
    • Parcel number: 009607912
    • On leased land: Yes
    • Lease amount: $4,040
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Gated Community
    Community
    • Community features: Gated, Pool
    Location
    • Region: Palm Springs
    • Subdivision: St. Tropez Villas

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $720 monthly
    • Amenities included: Maintenance Grounds, Tennis Court(s), Trash, Cable TV
    • Services included: Earthquake Insurance

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    2/20/2026Listing removed$2,450$2/sqft
    Source: Zillow Rentals Report a problem
    2/18/2026Listed for rent$2,450$2/sqft
    Source: Zillow Rentals Report a problem
    5/2/2025Sold$525,000+5.2%$324/sqft
    Source: CRMLS #219126626PS Report a problem
    5/2/2025Pending sale$499,000$308/sqft
    Source: Greater Palm Springs Realtors #219126626 Report a problem
    3/20/2025Contingent$499,000$308/sqft
    Source: Greater Palm Springs Realtors #219126626 Report a problem
    3/17/2025Listed for sale$499,000$308/sqft
    Source: CDAR/ Desert Area MLS #219126626 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,370 +56.9%$166,143 +2%
    2024$2,147 -1.6%$162,886 +2%
    2023$2,183 0%$159,693 +2%
    2022$2,183 +2%$156,563 +2%
    2021$2,141 +4.3%$153,494 +1%
    2020$2,053 +1.7%$151,921 +2%
    2019$2,019 +1.8%$148,943 +2%
    2018$1,984 +1.4%$146,024 +2%
    2017$1,956 $143,162 +2%
    2016$1,956 +7.7%$140,356 +1.5%
    2015$1,817 +2.2%$138,250 +2%
    2014$1,778 $135,544 +0.5%
    2013-- $134,933 +2%
    2012-- $132,288 +2%
    2011-- $129,695 +0.8%
    2010-- $128,728 -0.2%
    2009-- $129,035 +2%
    2008-- $126,506 +2%
    2007-- $124,026 +2%
    2006-- $121,596 +2%
    2005-- $119,212 +3.9%
    2003-- $114,735 +2%
    2002-- $112,486 +2%
    2001$1,305 +2.4%$110,281 +2%
    2000$1,275 $108,120

    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $525,000
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    Estimated market value
    $525,000