1222 Palmas, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
1222 Palmas
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 1222 Palmas, Palm Springs, California 92262 reveals a Prime Investment Opportunity with a current list price of $625,000—significantly undercutting the $697,239 Fair Market Value by 10%. This valuation gap indicates a +$72,239 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1222 Palmas Subject | $625,000* List Price | 3 | 3 | 2,229 | $313 | - |
A 1207 Palmas Active | $710,000 List Price | 4 | 3 | 2,107 | $337 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'Good' rating. The home is move-in ready with significant recent updates, including newer tile flooring throughout, granite countertops, and a brand-new tile backsplash in the kitchen. The kitchen appliances are stainless steel and appear modern. Bathrooms are clean and well-maintained, featuring a Roman tub and walk-in shower in the primary suite. While the kitchen cabinets are a traditional wood tone and some design choices (like the orange island and marbled bedroom tile) are specific, they are in excellent condition. The property shows minimal wear and tear, aligning with the 'Good' criteria for a well-maintained home with updated components.
PROSSTRENGTHS & OPPORTUNITIES
- Stunning Mountain Views & Outdoor Oasis
The property boasts breathtaking west-facing mountain views from the primary suite and the serene pool and spa area, complemented by a new pergola and gas fire pit, creating an ideal outdoor entertaining space.
- Desirable Community & Privacy
Located in the sought-after Mountain Gate community, the home offers a strong sense of privacy and comfort, enhancing its appeal for relaxed desert living.
- Thoughtfully Designed Interior & Modern Finishes
The interior features newer tile flooring throughout and an expansive kitchen with granite countertops and a brand-new tile backsplash, providing a warm, bright, and updated aesthetic.
CONSRISKS & DEFICIENCIES
- Ongoing Homeowners Association Fees
The property is subject to a monthly association fee of $170.00, which adds to the overall cost of homeownership.
- Potential for Original Major Systems
Built in 2006, some major home systems (e.g., HVAC, water heater) may be original and could require future maintenance or replacement as they approach the end of their typical lifespan.
- Moderate Lot Size
While well-utilized for outdoor amenities, the 6,970 square foot lot size may be considered moderate for some buyers seeking a larger, more expansive private estate in Palm Springs.
About 1222 Palmas
Welcome to 1222 Palmas Ridge in the desirable Mountain Gate community in Palm Springs, where relaxed desert living and breathtaking scenery come together in perfect harmony. This beautifully maintained 3-bedroom, 3-bath home offers 2,229 square feet of thoughtfully designed living space and captures stunning west-facing mountain views from both the primary suite and the serene pool and spa. From the moment you arrive, you'll feel the sense of privacy and comfort that defines this inviting retreat. Inside, newer tile flooring flows throughout the home, creating a warm and bright look ideal for everyday living and effortless entertaining. The expansive kitchen is the heart of the home, featuring granite countertops, a brand-new tile backsplash, and abundant cabinetry to meet all your storage/ cooking needs. Perfect for preparing meals after a day by the pool or hosting gatherings with friends and family. Each bedroom is generously sized and includes its own en-suite bath, offering exceptional flexibility for guests, multi-generational living, or a dedicated home office. The primary suite is a true sanctuary, complete with sliding glass doors that open directly to the pool and spa, a spacious walk-in closet, and a well-appointed bath with Roman tub and walk-in shower. Step outside to a backyard designed for the Palm Springs lifestyle, where sun-filled days and starry desert nights take center stage. Enjoy the sparkling pool and spa framed by dramatic mountain views, unwind beneath the new pergola, or gather around the gas fire pit for evenings of conversation and relaxation. With ample space for outdoor dining, lounging, and entertaining, this private outdoor oasis is perfect for creating lasting memories with family and friends. Whether you're seeking a full-time residence, a desert getaway, or a home built for entertaining, 1222 Palmas Ridge offers the ideal blend of comfort, style, and iconic Palm Springs living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $170.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,229 | 1,964 | 58% |
| Lot Size | 6,970 | 9,583 | 30% |
| Price | $625.0K | $895.0K | 16% |
| Price per sq ft | $280 | $477 | 9% |
| Built year | 2006 | 1989 | 66% |
| HOA | $170.0 | $0 | 70% |
| Days on market | 39 | 180 | 2% |
Pricing History
Listed for Sale
Jan 28, 2026
$625,000
Initial Listing