NEW PRICE REDUCTION! Welcome to 5125 Waverly Drive, Unit B2. This condo on FEE land is a bright and inviting 2-bedroom, 2-bath residence nestled in the sought-after Palm Canyon Villas community. The open-concept layout features an airy kitchen that flows easily into the living and dining areas, all illuminated by abundant natural light. The spacious primary suite provides privacy and comfort, while the second bedroom is ideal for guests, a home office, or rental flexibility. Step outside to a generous covered balcony that showcases beautiful mountain views and overlooks the meticulously maintained pool and grounds. A dedicated laundry closet with washer and dryer is discreetly situated on the balcony for added convenience. Palm Canyon Villas is a beautiful and quiet community with lush landscaping, sparkling pool and spa with exceptional mountain views, and tennis courts. Located just minutes from downtown Palm Springs shopping, restaurants, and casino fun and walking distance to favorite shops including Trader Joe's Starbucks, Vons, and Target. Quick and easy freeway access to the east valleys premier shopping and dining destinations this property offers exceptional convenience in a tranquil setting. Whether you're seeking a full-time residence, a seasonal escape, or a smart investment opportunity, this quiet centrally located home presents a versatile and appealing option in one of Palm Springs' most accessible neighborhoods.
Sold for $245,000
Zestimate®
$245,000
5125 E Waverly Dr #B2, Palm Springs, CA 92264
2beds
932sqft
Residential, Condominium
Built in 1978
-- sqft lot
$245,000 Zestimate®
$263/sqft
$2,393 Estimated rent
Home value
$245,000
$225,000 - $267,000
$2,393/mo
Zestimate® history
Owner options
List your home for rent
$2,393/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,393/mo
Rent Zestimate®
Refinance and save
$2,104/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,104/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Tennis courtsGenerous covered balconyAiry kitchenAbundant natural lightOpen-concept layoutBeautiful mountain viewsLush landscaping
Zillow last checked:
Listing updated:
Listed by:
Robert Shanahan DRE # 01315709 760-774-7501,
Equity Union 760-621-0395
Bought with:
Jason Cochran, DRE # 01947240
Equity Union
Source: CLAW,MLS#: 26648951PS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Patio Open, Patio Covered, Living Room, Dining Area
Bathroom
- Features: Shower Over Tub
Heating
- Central
Cooling
- Air Conditioning, Ceiling Fan(s)
Appliances
- Included: Microwave, Electric Cooktop, Electric Oven, Washer, Dryer, Refrigerator, Range/Oven
- Laundry: Laundry Area, In Unit
Features
- Ceiling Fan(s), Dining Area
- Flooring: Carpet, Tile
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 932
- Total interior livable area: 932 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Detached Carport, On Site, Parking Space
- Has carport: Yes
- Covered spaces: 1
Features
- Levels: One,Single Level
- Stories: 2
- Entry location: Top Level
- Patio & porch: Living Room Deck Attached, Covered, Patio
- Exterior features: Balcony
- Pool features: In Ground, Heated, Community
- Spa features: Community, Heated, In Ground
- Fencing: None
- Has view: Yes
- View description: Mountain(s), Pool
- Has water view: Yes
- Waterfront features: None
Lot
- Size: 977 Square Feet
- Features: Landscaped, Sidewalks
Details
- Parcel number: 681294002
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Tile
Condition
- Year built: 1978
Utilities & green energy
- Sewer: In Connected and Paid
- Water: Water District
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
- Subdivision: Palm Canyon Villas
HOA
- Has HOA: Yes
- Amenities included: Tennis Court(s), Pool, Spa/Hot Tub, Landscaping, Assoc Pet Rules
- Services included: Trash, Water, Building and Grounds
- HOA fee: $506 monthly
Location
- Region: Palm Springs
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $147,532
- Date on market: 2/9/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $245,000-5.4%$263/sqft |
Source:  CLAW #26648951PS Report a problem | ||
| 6/13/2026 | Contingent | $259,000$278/sqft |
Source: CLAW #26648951PS Report a problem | ||
| 4/8/2026 | Price change | $259,000-1.9%$278/sqft |
Source: CLAW #26648951PS Report a problem | ||
| 3/7/2026 | Price change | $264,000-3.6%$283/sqft |
Source: CLAW #26648951PS Report a problem | ||
| 2/9/2026 | Listed for sale | $274,000+132.2%$294/sqft |
Source: CLAW #26648951PS Report a problem | ||
| 5/9/2014 | Sold | $118,000-9.2%$127/sqft |
Source:  Greater Palm Springs Realtors #14740125 Report a problem | ||
| 4/10/2014 | Pending sale | $130,000$139/sqft |
Source: Windermere Real Estate Coachella Valley #14740125PS Report a problem | ||
| 4/2/2014 | Listed for sale | $130,000$139/sqft |
Source: Windermere Real Estate Coachella Valley #14740125PS Report a problem | ||
| 3/29/2014 | Pending sale | $130,000$139/sqft |
Source: Windermere Real Estate Coachella Valley #14740125PS Report a problem | ||
| 2/28/2014 | Listed for sale | $130,000+44.4%$139/sqft |
Source: Windermere Real Estate Coachella Valley #14740125PS Report a problem | ||
| 4/1/2011 | Sold | $90,000-55.7%$97/sqft |
Source: Agent Provided Report a problem | ||
| 3/19/2008 | Sold | $203,185-5.5%$218/sqft |
Source: Public Record Report a problem | ||
| 2/7/2007 | Sold | $215,000+190.5%$231/sqft |
Source: Public Record Report a problem | ||
| 1/4/2000 | Sold | $74,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $147,532 +2% |
| 2025 | $1,929 -2.3% | $144,640 +2% |
| 2024 | $1,975 -1.7% | $141,805 +2% |
| 2023 | $2,009 -0.1% | $139,025 +2% |
| 2022 | $2,011 +1.9% | $136,300 +2% |
| 2021 | $1,975 +4.2% | $133,628 +1% |
| 2020 | $1,895 +1.6% | $132,259 +2% |
| 2019 | $1,866 +1.7% | $129,666 +2% |
| 2018 | $1,835 +1.3% | $127,125 +2% |
| 2017 | $1,811 | $124,633 +2% |
| 2016 | $1,811 +7.5% | $122,191 +1.5% |
| 2015 | $1,684 +5.3% | $120,357 +5.6% |
| 2014 | $1,599 | $114,000 +22.6% |
| 2013 | -- | $93,000 +8.1% |
| 2012 | -- | $86,000 -6.5% |
| 2011 | -- | $92,000 -22.7% |
| 2010 | -- | $119,000 -11.9% |
| 2009 | -- | $135,000 -26.2% |
| 2008 | -- | $183,000 +121.9% |
| 2007 | -- | $82,475 +2% |
| 2006 | -- | $80,859 +2% |
| 2005 | -- | $79,275 +3.9% |
| 2003 | -- | $76,299 +2% |
| 2002 | -- | $74,804 +2% |
| 2001 | $886 +23% | $73,338 +41.2% |
| 2000 | $720 | $51,942 |
Find assessor info on the county website
Neighborhood: 92264
Nearby homes
- $270,5002 bd2 ba970 sqft5125 E Waverly Dr #B18, Palm Springs, CA 92264Off Market
- $350,0002 bd2 ba887 sqft5125 E Waverly Dr #B8, Palm Springs, CA 92264Sold
- $265,0002 bd2 ba887 sqft5125 E Waverly Dr #B11, Palm Springs, CA 92264Sold
- $230,0001 bd2 ba887 sqft5105 E Waverly Dr #H21, Palm Springs, CA 92264Sold
- $227,0001 bd2 ba887 sqft5115 E Waverly Dr #D37, Palm Springs, CA 92264Sold
- $230,0001 bd2 ba887 sqft5115 E Waverly Dr #D39, Palm Springs, CA 92264Sold
- $230,0001 bd2 ba887 sqft5175 E Waverly Dr #F54, Palm Springs, CA 92264Sold
- $275,0001 bd3 ba914 sqft5105 E Waverly Dr #H24, Palm Springs, CA 92264Sold
Nearby schools
GreatSchools rating
- 3/10Cahuilla Elementary SchoolGrades: K-5Distance: 2.9 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 4.4 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- District: Palm Springs Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$245,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$245,000
- California
- Riverside County
- Palm Springs
- 92264
- 5125 E Waverly Dr Unit B2
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Palm Springs Topics
