130 W Racquet Club Rd, Unit 511
Description
Financial & Investment Highlights
Value Play: Listed at $575,000, which sits significantly below the recent comparable sales of $720k-$725k for the same floor plan. Rental Flexibility: Unlike many Palm Springs communities, this complex has no 30-day minimum rental requirement, making it a prime candidate for short-term rental income. Make sure to check with the city on permit availability. Ownership: You own the land (Fee Simple), meaning there are no...130 W Racquet Club Road #511. a cosmetic fixer:
Financial & Investment Highlights
Value Play: Listed at $575,000, which sits significantly below the recent comparable sales of $720k-$725k for the same floor plan. Rental Flexibility: Unlike many Palm Springs communities, this complex has no 30-day minimum rental requirement, making it a prime candidate for short-term rental income. Make sure to check with the city on permit availability. Ownership: You own the land (Fee Simple), meaning there are no land lease payments to worry about. HOA Coverage: The monthly dues include essential maintenance like water, trash, roof, exterior painting, and community landscaping. Property Features:
Modern Bones: High 10ft ceilings with updated double-pane windows and a ''newish'' HVAC system and water heater reduce the immediate need for major mechanical capital expenditures. Private Amenities: This unit stands out with a private pool, west-facing backyard, and outdoor fireplace, plus three separate patios. Layout & Access: A 2-bedroom, 2-bath configuration. Uniquely, this is one of only two units with an entrance outside the main gates, offering easier access for guests. The ''Cosmetic Fixer'' Opportunity:
Since the bathrooms, kitchen, and major systems are already somewhat updated or ''newish,'' the ''fixer'' aspect refers to flooring, paint, landscaping and a few HOA mandated corrections. With the spread between the asking price and recent comps, there is substantial room for equity growth or profit after a light renovation.
- Listed by Tim Schneider • DRE #01489249 • Bennion Deville Homes
Property Details for 130 West Racquet Club Road, Unit 511
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Property Details for 130 West Racquet Club Road, Unit 511
| Status | Active |
|---|---|
| MLS # | 219142106 |
| Days on Market | 3 |
| Taxes | - |
| HOA Fees | $665 |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Residential / Condominium |
| Year Built | 1979 |
| County | Riverside County |
Location
Building Information for 130 West Racquet Club Road, Unit 511
Payment Calculator
$3,687 per month
30 year fixed, 6.15% Interest
$2,802
$220
$665
Property Information for 130 West Racquet Club Road, Unit 511
- Building Area Source: Assessor
- Community Features: Community Mailbox
- City: Palm Springs
- Country: US
- Directions: Indian Canyon Dr north, keep going past Racquet club road and take the first left into the parking lot and 511 is the first condo on your right. it is outside of the Club Condominium gates. Cross Street: Indian Canyon Dr.
- Levels: One
- Area: 331 - Palm Springs North End
- Postal Code Plus4: 5014
- Senior Community: No
- Street Additional Info: 511
- Unparsed Address: 130 W Racquet Club Road, 511, Palm Springs, CA 92262
- Walk Score: 0
- Attached Garage: No
- Parking Features: Assigned, Community Structure, Covered, Detached Carport, Guest, Total Uncovered/Assigned Spaces
- Association Amenities: Controlled Access, Guest Parking, Maintenance Grounds, Management
- Association Fee Includes: Building & Grounds, Sewer, Trash, Water
- AssociationFeeFrequency: Monthly
- Association Fee: $664.69
- Association Name: Club Condominiums
- Tax Legal Description: UNIT 11 CM 020/141 INT IN COMMON TR 7532 MB 092/045
- Videos Count: 0
- Lot Features: Back Yard, Corner Lot
- Lot Size Area: .00
- Lot Size Source: Other
- Parcel Number: 504361011
- Property Type: Residential, Condo
- Property Sub Type: Condominium
- Documents Count: 0
- New Construction: No
- Property Condition: Repair Cosmetic
- Year Built Source: Assessor
- Cooling: Central Air
- Cooling: Yes
- Sewer: True
- Construction Materials: Stucco
- Fencing: Block, Privacy
- Pool Features: Community, In Ground, Private
- Pool Private: Yes
- Pool: Yes
- Roof: Foam
- Security Features: Other
- Spa Features: Community, Heated, In Ground
- Spa: Yes
- Stories Total: 1
- Appliances: Electric Range, Microwave, Refrigerator, Disposal, Dishwasher
- Bathrooms Full: 2
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 0
- Total Bathrooms: 2
- Fireplace Features: Unknown
- Fireplace: Yes
- Fireplaces Total: 1
- Heating: Central
- Heating: Yes
- Interior Features: 2 Master Bedrooms
- Laundry Features: In Closet
- Living Area: 1,310.00
- View: Yes
- Number Of Units In Community: 56
- Special Listing Conditions: Standard
Property History for 130 West Racquet Club Road, Unit 511
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 26, 2026 | Listed (Active) CRMLS #219142106PS | $575,000 | — |
| Jan 26, 2026 | Listed (Active) GPSMLS #219142106 | $575,000 | — |
| Jun 10, 2010 | Sold CRMLS #21391873DA | $165,000 | — |
| Jun 10, 2010 | Sold GPSMLS #21391873 | $165,000 | — |
| May 17, 2010 | Sold (Public Record) Public Record #290467894 | $165,000 | -4.3% / yr |
| Apr 30, 2010 | Pending GPSMLS #21391873 | — | |
| Apr 30, 2010 | Pending CRMLS #21391873DA | — | |
| Mar 1, 2010 | Price Change GPSMLS #21391873 | $174,900 | — |
| Mar 1, 2010 | Listed (Active) GPSMLS #21391873 | $169,900 | — |
| Feb 27, 2010 | Listed (Active) CRMLS #21391873DA | $174,900 | — |
| Apr 21, 2003 | Sold (Public Record) Public Record #111379142 | $225,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/26/2026 | Listed (Active) CRMLS #219142106PS | $575,000 |
| 01/26/2026 | Listed (Active) GPSMLS #219142106 | $575,000 |
| 06/10/2010 | Sold CRMLS #21391873DA | $165,000 |
| 06/10/2010 | Sold GPSMLS #21391873 | $165,000 |
| 05/17/2010 | Sold (Public Record) Public Record #290467894 | $165,000 -4.3% / yr |
| 04/30/2010 | Pending GPSMLS #21391873 | — |
| 04/30/2010 | Pending CRMLS #21391873DA | — |
| 03/01/2010 | Price Change GPSMLS #21391873 | $174,900 |
| 03/01/2010 | Listed (Active) GPSMLS #21391873 | $169,900 |
| 02/27/2010 | Listed (Active) CRMLS #21391873DA | $174,900 |
| 04/21/2003 | Sold (Public Record) Public Record #111379142 | $225,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 130 West Racquet Club Road, Unit 511
Schools near 130 West Racquet Club Road, Unit 511
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Katherine Finchy Elementary School PublicK to 5 | ||
Raymond Cree Middle School Public6 to 8 | ||
Palm Springs High School Public9 to 12 | ||
Desert Learning Academy PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Bennion Deville Homes, Tim Schneider, DRE #01489249
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.