1425 E Luna Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1425 E Luna Way, Palm Springs, California 92262 home-pic-0

1425 E Luna Way

Palm Springs, California 92262

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,475Sq Ft
9,583Lot Size

Property Price

LIST PRICE$705,000
EST. MARKET VALUE
$705,000

SUMMARY

Estimated Market Value

$705,000
Based on Realkey algorithm analyzing recent comparable sales in Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1425 E Luna Way
Subject
$705,000*
List Price
321,475$478-
A
1494 E Gem Circle
Sold
$680,000321,475$4610.1 mi
B
1481 E Padua Way
Sold
$655,000321,560$4200.1 mi
C
1862 N Nogales Way
Sold
$743,000321,620$4590.5 mi
D
2643 E Venetia Road
Sold
$599,900321,550$3870.9 mi
E
2910 N Bahada Road
Sold
$699,000321,587$4400.4 mi
F
2940 N Chuperosa
Sold
$705,000321,260$5600.4 mi
G
1429 E Francis
Active
$830,000
List Price
321,475$5630.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant recent upgrades including a fully renovated pool system, new double-pane energy-efficient windows, and a 220V EV charging outlet. While the home was built in 1989, it has been well-maintained with refreshed kitchen cabinets, updated irrigation, and modern desert landscaping. It falls into the 'good' category as it is highly functional and updated but does not represent a full-scale new construction or total interior gut renovation required for an 'excellent' rating.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1475.

  • Ownership and Freedom

    The property is located on Fee Land with no HOA, offering full ownership without the burden of monthly association fees or land lease complexities common in Palm Springs.

  • Extensive Modern Upgrades

    Significant investments have been made, including a fully renovated pool with new piping and resurfacing, energy-efficient double-pane windows, and a 220V EV charging outlet.

CONSRISKS & DEFICIENCIES

  • Leased Solar System

    The solar panels are under a transferable lease rather than being owned outright, requiring the buyer to assume an ongoing monthly financial obligation.

  • Compact Living Space

    With 1,475 square feet distributed across three bedrooms, the interior footprint is relatively modest, which may result in smaller individual room sizes.

About 1425 E Luna Way

Gorgeous Palm Springs Oasis | Fee Land | Leased Solar | Corner Lot | Pool Renovation | Thoughtful Upgrades | Own your Palm Springs dream! Step inside this energy-efficient, stylish retreat in the enclave of Quail Point, set on a corner lot with MOUNTAIN VIEWS. This three-bedroom, two-bath home has been beautifully upgraded inside and out, blending modern comfort with desert efficiency for effortless living. Enjoy a RENOVATED POOL: including underground piping, new valves, high-performance resurfacing, and a calming waterfall wall, perfect for entertaining in this desert hideaway. The ZERO-SCAPED YARD features a pet-friendly astroturf side yard, updated IRRIGATION SYSTEM, and low-maintenance desert landscape. Inside, you will find:* Dutch door entry and open 'tongue-n-groove' ceilings* Upgraded wood-grain doors throughout* Freshly painted kitchen cabinets, exterior overhang fascia, trim, and garage door* Gas fireplace and abundant natural light* Double-Pane energy-efficient windows* 220-VOLT E-Vehicle outlet* Durable clay tile roof* TRANSFERABLE LEASED SOLAR* Located on FEE LAND (you own the land) with NO HOA, this home is truly your own. Eligible for a short-term rental permit (under the neighborhood CAP), it also offers excellent investment potential. Every major system has been cared for, from pool upgrades to modern finishes, allowing you to move in and start enjoying Palm Springs living right away. Beautiful, efficient, and thoughtfully updated, this home checks every Palm Springs box. Come experience this haven in person.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1989
Lot Size
9,583 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Vista Del Monte Elementary School

Grades K-5 • 0.5 mi

6/10

Raymond Cree Middle School

Grades 6-8 • 0.7 mi

4/10

Palm Springs High School

Grades 9-12 • 2.5 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
45%
Square foot1,4751,964
21%
Lot Size9,5839,583
50%
Price$705.0K$895.0K
27%
Price per sq ft$478$478
50%
Built year19891989
50%
HOA$0$0
50%
Days on market146180
34%

Pricing History

Listed for Sale

Jan 30, 2026

$705,000

$720,000

-2% Price Drop

Initial Listing

Price Change

Dec 11, 2025

$720,000

$739,000

-3% Price Drop

Initial Listing

Price Change

Oct 13, 2025

$739,000

Initial Listing

Browse Properties by State Browse housing market trends by state