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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

5301 E Waverly # 211, Palm Springs – $405,000

  • 2 Beds
  • 2 Baths
  • 979 Sqft
  • .02 Acres
  • 2 Beds
  • 2 Baths
  • 979 Sqft
  • .02 Acres

5301 E Waverly # 211

Don’t miss this rare, turn-key short-term rental investment in one of Palm Springs’ most desirable locations. The HOA allows short-term rentals with a minimum of just 5 days, and—critically for investors—short-term rental permits are currently available, making this property ready for the rental market immediately. Positioned in the sought-after south Palm Springs corridor, this impeccably maintained, fully furnished 2-bedroom, 2-bath ground-floor residence is guest-ready and designed to maximize bookings. As a private end unit, it offers the tranquility that today’s STR guests demand, complete with an expansive wraparound patio that delivers the quintessential indoor-outdoor desert living experience your five-star reviews will be built on. The interior checks every box for premium rental appeal: a remodeled chef's kitchen with quartz countertops, custom cabinetry, and stainless steel appliances; two tastefully upgraded bathrooms with modern finishes; and plantation shutters and energy-efficient shading to ensure a quiet, climate-controlled stay. A full-size washer and dryer add the practical convenience that longer-stay guests expect. Resort-style amenities elevate your listing’s competitive edge, featuring four pools and spas, plus tennis and pickleball courts. Located adjacent to Tahquitz Creek Golf Resort, the beautifully maintained setting photographs perfectly to help command higher nightly rates. The community is also pet-friendly, opening your rental up to the highly lucrative pet-owner market. HOA dues cover water, trash, and grounds maintenance, and assigned covered parking is included. Fully furnished. Permits available. HOA STR-friendly. Immediate STR income potential. Opportunities like this in South Palm Springs don’t last.

Essential Information

  • MLS® #OC26065321
  • Price$405,000
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Square Footage979
  • Acres0.02
  • Year Built1979
  • TypeResidential
  • Sub-TypeCondominium
  • StyleTraditional
  • StatusActive

Community Information

  • Address5301 E Waverly # 211
  • Area334 - South End Palm Springs
  • SubdivisionPalm Canyon Villas (33473)
  • CityPalm Springs
  • CountyRiverside
  • Zip Code92264

Amenities

  • UtilitiesElectricity Connected
  • ParkingAssigned
  • GaragesAssigned
  • ViewNone
  • Has PoolYes

Amenities

Pool, Spa/Hot Tub, Tennis Court(s)

Pool

Community, In Ground, Association

Interior

  • InteriorCarpet, Tile
  • Interior FeaturesCeiling Fan(s)
  • HeatingCentral
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Appliances

Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

  • WindowsBlinds, Shutters

School Information

  • DistrictPalm Springs Unified

Additional Information

  • Date ListedMarch 27th, 2026
  • Days on Market70
  • HOA Fees506
  • HOA Fees Freq.Monthly

Listing Details

  • AgentJoe Chung
  • OfficeColdwell Banker Realty
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Price Change History for 5301 E Waverly # 211, Palm Springs, (MLS® #OC26065321)

Date Details Change
Price Reduced from $415,000 to $405,000 $10,000 (2.41%)
Price Reduced from $435,000 to $415,000 $20,000 (4.60%)

Joe Chung, Coldwell Banker Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of June 5th, 2026 at 5:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.