2222 E Wayne Road, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 3 bath
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Palm Springs, California 92262
This Spacious Modern Residence is a Strong Value Opportunity, listed at $850,000—positioned well below the $897,608 Fair Market Value by 5%. This valuation gap provides $47,608 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the 2003-built home features 10-foot ceilings, a newly tiled pool and spa, and mountain views. With an air-conditioned three-car garage and solar, it offers premium utility. This is an exceptional find for Owner-Occupants seeking a turnkey desert lifestyle or Buy-and-Hold Investors looking for a high-quality asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2222 E Wayne Road Subject | $799,000* List Price | 4 | 3 | 2,158 | $370 | - |
A 2405 E Bellamy Road Sold | $769,000 | 3 | 2 | 1,845 | $417 | 0.1 mi |
B 2030 E Acacia Road Sold | $722,000 | 3 | 3 | 1,939 | $372 | 0.4 mi |
C 2375 E Joyce Drive Sold | $620,000 | 3 | 2 | 1,919 | $323 | 0.3 mi |
D 2210 E Powell Road Sold | $875,000 | 4 | 2 | 1,856 | $471 | 0.1 mi |
E 1843 N Whitewater Club Drive Sold | $665,000 | 3 | 2 | 1,999 | $333 | 0.8 mi |
F 2207 N Viminal Road Sold | $650,000 | 4 | 4 | 1,904 | $341 | 0.4 mi |
G 2175 N Sandra Road Sold | $700,000 | 4 | 3 | 1,672 | $419 | 0.4 mi |
H 1838 N Nogales Way Sold | $600,000 | 3 | 2 | 1,746 | $344 | 0.8 mi |
I 2990 N Biskra Road Active | $899,900 List Price | 4 | 3 | 2,602 | $346 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, this property is well-maintained and move-in ready, fitting the 'good' criteria perfectly. It features several recent cosmetic and functional updates, including fresh interior/exterior paint, updated desert landscaping, and a newly tiled pool and spa. The interior boasts high-quality architectural details like 10-foot ceilings and 8-foot doors. While the kitchen and bathrooms are functional and clean with desirable features like a soaking tub and breakfast bar, they appear to be well-kept original installations rather than a full modern renovation. The addition of a fourth bedroom and premium systems like an air-conditioned garage and solar panels enhance its overall quality.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2158.
Built in 2003, the home features 10-foot ceilings and 8-foot doors throughout, creating a bright, airy, and contemporary living space that feels significantly more open than older area inventory.
The fully walled and gated lot offers exceptional privacy, featuring a courtyard-style yard with a newly tiled pool, raised spa, and stunning mountain views perfect for desert entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2025-05-01. The sold price is $670,000.00.
The buyer must assume a $203/month lease for 34 of the solar panels, which represents a mandatory recurring cost and a potential complication for some financing profiles.
One of the neighborhood's newer homes (built in 2003), offering soaring 10-foot ceilings, modern construction, solar plus a resort-style pool- all on fee land with no HOA. The gated, fully walled yard offers great privacy, with a courtyard-style setting, newly tiled pool and raised spa, fresh paint, and updated desert landscaping. The great room with fireplace opens right to the backyard, and the kitchen features a breakfast bar and plenty of storage. The primary suite includes a soaking tub, tiled shower, walk-in closet, and its own private patio. Two guest bedrooms plus a newly built fourth bedroom (perfect for an office or den) give you flexible space. With 2.5 baths, a separate laundry room, air-conditioned three-car garage, and solar (14 owned + 34 leased; buyer to assume $203/month lease), this home is comfortable, private, and ready to enjoy.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,158 | 2,076 |
| Lot Size | 10,019 | 10,454 |
| Price | $799.0K | $1.04M |
| Price per sq ft | $370 | $525 |
| Built year | 2003 | 1977 |
| HOA | $0 | $332 |
| Days on market | 147 | 75 |
Jul 3, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
Feb 26, 2026
$850,000
Initial Listing
May 1, 2025
$670,000
Public Record
Dec 14, 2017
$563,000
Public Record
Mar 18, 2004
$425,000
Public Record
Sep 10, 2002
$55,000
Public Record