1429 N Cerritos Drive, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1429 N Cerritos Drive, Palm Springs, California 92262 home-pic-0

1429 N Cerritos Drive

Palm Springs, California 92262

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,248Sq Ft
Lot Size

Property Price

LIST PRICE$514,900

SUMMARY

Analysis of 1429 N Cerritos Drive, Palm Springs, California 92262 is currently available with a list price of $514,900. 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1972 Donald Wexler designed condo is in move-in ready condition with significant updates. The kitchen and bathrooms have been modernized with contemporary cabinetry, stone countertops, and stainless steel appliances. Major mechanical systems are recently updated, specifically the HVAC and water heater in 2023. The interior features consistent large-format tile flooring and updated fixtures, showing minimal wear and tear and no immediate need for renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Architectural Pedigree

    Designed by the legendary Donald Wexler, this mid-century modern condo offers significant aesthetic value and is nearing historical designation, which could provide owners with substantial Mills Act tax reductions.

  • Prime Views and Privacy

    As a spacious end unit, this property offers enhanced privacy and features stunning, unobstructed west-facing mountain views that are highly coveted in the Palm Springs market.

  • Turnkey and Updated

    The home is offered turnkey furnished and features essential mechanical updates from 2023, including a new HVAC system and water heater, ensuring a low-maintenance transition for the buyer.

CONSRISKS & DEFICIENCIES

  • High Monthly Dues

    The HOA fee of $725 per month is relatively high, which may impact the overall affordability and debt-to-income ratios for prospective buyers.

  • Compact Living Space

    At 1,248 square feet for a three-bedroom configuration, the interior layout may feel somewhat constrained for those accustomed to more expansive modern floor plans.

About 1429 N Cerritos Drive

Step into classic Palm Springs style at this Donald Wexler designed mid-century condo in Sagewood, a beautifully spread-out community of just 108 homes across nearly 19 acres. This spacious end unit delivers extra privacy, wide open living space, and jaw-dropping, straight-on west-facing mountain views that never get old. Inside, you'll find three bedrooms (one currently used as a den), two baths, a large open living room / dining room and a well appointed kitchen for the chef in you. This property is offered turnkey furnished. Outside your door, Sagewood's lush greenbelts, desert landscaping, and colorful gardens feel more like a private resort than a condo complex. Spend your days floating in one of three pools, playing tennis or pickleball, and hosting sunset cocktails against the dramatic mountain backdrop. HVAC and water heater were replaced in 2023. HOA fees include water, sewer, cable and high-speed internet. Contact agent for private showing. Per seller, Sagewood is very close to achieving Historical Designation, which would allow new owners to apply for the Mills Act tax reduction.

Property Details

Public Facts

Property Type
Condominium
Year Built
1972
Lot Size
-

Interior

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

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$725.0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Katherine Finchy Elementary School

Grades K-5 • 0.9 mi

7/10

Raymond Cree Middle School

Grades 6-8 • 0.7 mi

4/10

Palm Springs High School

Grades 9-12 • 1.6 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
81%
Baths2.02.0
50%
Square foot1,2481,060
65%
Lot Size-500
45%
Price$514.9K$331.0K
77%
Price per sq ft$413$344
74%
Built year19721982
14%
HOA$725.0$532
91%
Days on market56173
4%

Pricing History

Listed for Sale

Feb 18, 2026

$514,900

$529,000

-3% Price Drop

Initial Listing

Price Change

Jan 10, 2026

$529,000

Initial Listing

Sold

Jan 27, 2020

$325,000

Public Record

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