15840 Clearwater, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath

15840 Clearwater, Palm Springs, California 92262 home-pic-0

15840 Clearwater

Palm Springs, California 92262

ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,752Sq Ft
6,970Lot Size

Property Price

LIST PRICE$474,900
EST. MARKET VALUE
$453,215
4% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$453,215
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
15840 Clearwater
Subject
$474,900*
List Price
421,752$259-
A
15875 Snowview Drive
Sold
$424,000321,612$2630.3 mi
B
15872 Coral
Sold
$435,000321,426$3050.1 mi
C
59915 Palm Oasis Avenue
Sold
$410,000321,575$2600.3 mi
D
15880 La Vida Drive
Pending
$369,500
List Price
341,696$2180.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2006, this property falls within the 10-20 year age range defined for a 'good' condition score. The home is move-in ready and described as fully updated, featuring consistent tile flooring throughout, energy-efficient dual-pane windows, and a powerful 5-ton A/C system. While the property has been well-maintained and serves as a successful short-term rental, it does not meet the 'excellent' criteria of being built within 10 years or having a documented full-scale luxury renovation within the last 5 years.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location & Privacy

    Situated on the final street of the subdivision bordering open fields and hiking trails, this property offers exceptional privacy and direct access to outdoor recreation.

  • Proven Investment Potential

    With a superb AirBnB history, this home presents a turnkey opportunity for investors looking for a property with a demonstrated track record of rental success.

  • Climate-Ready Infrastructure

    The home is equipped with a powerful 5-ton A/C system and energy-efficient dual-pane windows, essential features for maintaining comfort and efficiency in the Palm Springs climate.

CONSRISKS & DEFICIENCIES

  • School Proximity

    The assigned public schools are located over five miles away, which may be a drawback for families seeking a neighborhood with walkable or nearby educational facilities.

  • Regional Wind Exposure

    Located in North Palm Springs, the property is in an area known for higher wind speeds compared to other parts of the Coachella Valley, which can impact outdoor maintenance and comfort.

  • Average School Ratings

    The local schools carry average ratings (4-6 out of 10), which might be a consideration for families prioritizing high-performing school districts.

About 15840 Clearwater

Great North Palm Springs home is now available. First-time home buyer or a seasoned investor looking for a property with superb AirBnB history, this home is a great buy! Located in San Jacinto Cove neighborhood of Palm Springs, just minutes away to shops and restaurants, this home has both the ultimate privacy and beautiful mountain views. Clearwater Way is the last street in the neighborhood, across from open fields and mountain hiking. The views from this home are spectacular at night if peace and tranquility is your desire, this is truly the home for you. This fully updated and spacious custom home has 4 bedrooms and 2.5 baths, has been well-maintained, and is ready to move in, with tons of great features including: ceiling fans, large laundry room,extra large primary suite with walk-in closet, energy efficient dual pane windows and sliders, a powerful 5-ton A/C, tile flooring throughout, and an extra large 2-car garage and room for more parking in the driveway. The rear yard is fully private with a block wall fence, updated landscape, perfect for relaxation and extremely low maintenance.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2006
Lot Size
6,970 Sq. Ft.

Interior

Total Bedrooms
4
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 • 5.2 mi

6/10

Raymond Cree Middle School

Grades 6-8 • 5.8 mi

4/10

Palm Springs High School

Grades 9-12 • 7.7 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
70%
Baths2.03.0
45%
Square foot1,7521,964
38%
Lot Size6,9709,583
30%
Price$474.9K$895.0K
5%
Price per sq ft$271$477
7%
Built year20061989
66%
HOA$0$0
50%
Days on market120179
21%

Pricing History

Listed for Sale

Feb 18, 2026

$474,900

$484,900

-2% Price Drop

Initial Listing

Price Change

Nov 7, 2025

$484,900

Initial Listing

Sold

Nov 5, 2024

$489,000

Public Record

Sold

Jun 26, 2009

$73,500

Public Record

Sold

Aug 3, 2005

$95,000

Public Record

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