15840 Clearwater, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 2 bath
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Palm Springs, California 92262
This Turnkey Short-Term Rental Asset is listed at $464,900, positioned near its $449,620 Fair Market Value, representing a stable entry into the North Palm Springs market. Maintaining a Condition Rating of 3, the 2006-built residence features a proven AirBnB history, a powerful 5-ton A/C, and energy-efficient dual-pane windows. Situated on a prime perimeter lot, the home offers unobstructed mountain views and superior privacy across from open fields. This move-in-ready property is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a functional, income-generating sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15840 Clearwater Subject | $464,900* List Price | 4 | 2 | 1,752 | $257 | - |
A 15875 Snowview Drive Sold | $424,000 | 3 | 2 | 1,612 | $263 | 0.3 mi |
B 15872 Coral Sold | $435,000 | 3 | 2 | 1,426 | $305 | 0.1 mi |
C 22500 Fawnridge Drive Sold | $370,000 | 4 | 3 | 1,400 | $264 | 0.8 mi |
D 59915 Palm Oasis Avenue Sold | $410,000 | 3 | 2 | 1,575 | $260 | 0.3 mi |
E 15780 La Vida Active Under Contract | $429,000 List Price | 3 | 3 | 2,016 | $213 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is move-in ready and well-maintained, fitting the 10-20 year age bracket for a 'good' rating. It features consistent tile flooring throughout, recessed lighting, and updated systems like a 5-ton A/C. While the kitchen and bathrooms are functional and clean, the tile countertops and white appliances reflect mid-2000s styling rather than a recent high-end renovation.
The property features a proven AirBnB history, making it a highly attractive turnkey opportunity for investors seeking a short-term rental asset in Palm Springs.
Situated on the final street of the subdivision across from open fields, the home offers superior privacy and unobstructed mountain views compared to interior lots.
Built in 2006 and fully updated, the home includes high-value features such as a powerful 5-ton A/C system, energy-efficient dual-pane windows, and low-maintenance tile flooring.
The property has been on the market for over 160 days with multiple price reductions, which may lead to buyer concerns regarding its initial pricing strategy or market demand.
Located in the North End of Palm Springs, the property is over five miles away from local schools and the main downtown commercial hub, potentially limiting its appeal to families.
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.
No exterior & parking available.
Grades K-5 • 5.2 mi
Grades 6-8 • 5.8 mi
Grades 9-12 • 7.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,752 | 1,909.5 | 40% |
| Lot Size | 6,970 | 9,583 | 28% |
| Price | $464.9K | $875.0K | 6% |
| Price per sq ft | $265 | $481 | 7% |
| Built year | 2006 | 1987 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 166 | 184 | 41% |
Apr 18, 2026
$464,900
$474,900
-2% Price Drop
Initial Listing
Feb 18, 2026
$474,900
$484,900
-2% Price Drop
Initial Listing
Nov 7, 2025
$484,900
Initial Listing
Nov 5, 2024
$489,000
Public Record
Jun 26, 2009
$73,500
Public Record
Aug 3, 2005
$95,000
Public Record