33.792196 -116.488511 0
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Listed by Coldwell Banker Realty, Joe Chung. 949-678-0999

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5301 E Waverly 211Palm Springs, CA 92264

Active
$405,000
2
2
979 SQFT

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.


FACTS & FEATURES

  • Property Type:
    Residential
  • Architectural Style:
    Traditional
  • Bedrooms:
    2
  • Bathrooms:
    2
  • Dwelling Size:
    979 SQFT
  • Lot Size:
    933 SqFt
  • Lot Description:
  • Stories:
  • Year Built:
    1979
  • Interior Features:
    Ceiling Fan(s)
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 0
    Features: Assigned
  • Area:
    334 - South End Palm Springs
  • Views:
    None
  • Schools:
    High School(s): Palm Springs Unified
  • HOA:
    HOA: Yes
    HOA Fee: $506.00 MO
    Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Senior Community:
    False
  • Heating:
    Central
  • Cooling:
    Central Air
  • Appliances:
    Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace:
    Fireplace(s):
    Features: None
  • Accessibility:
  • Security Features:
  • Foundation:
  • Roof:

LOCATION


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Listing Office: Coldwell Banker Realty. Listing Agent: Joe Chung. Listing ID: OC26065321

Last Updated May 29, 2026 1:37 PM
Data last checked against CRMLS on June 5, 2026 9:38 AM

Based on information from California Regional Multiple Listing Service, Inc. as of June 5, 2026 9:38 AM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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