2342 N San Gorgonio Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
2342 N San Gorgonio Road
Palm Springs, California 92262
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2342 N San Gorgonio Road Subject | $895,000* List Price | 3 | 3 | 1,700 | $510 | - |
A 2777 E San Juan Road Sold | $799,000 | 3 | 2 | 1,614 | $495 | 0.4 mi |
B 2173 N Viminal Road Sold | $705,000 | 3 | 2 | 1,700 | $415 | 0.3 mi |
C 2380 N San Antonio Road Sold | $690,000 | 4 | 2 | 1,360 | $507 | 0.0 mi |
D 2757 E San Juan Road Sold | $733,000 | 3 | 3 | 1,655 | $443 | 0.4 mi |
E 2705 E San Marino Road Sold | $860,000 | 4 | 2 | 1,584 | $543 | 0.4 mi |
F 1494 E Gem Circle Sold | $680,000 | 3 | 2 | 1,475 | $461 | 1.0 mi |
G 2802 E Venetia Road Active | $715,000 List Price | 3 | 3 | 1,716 | $417 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1989, the property has undergone an extensive recent renovation within the last 5 years, meeting the criteria for excellent condition. The kitchen features modern stainless steel appliances, a gas cooktop, and a large island with stone countertops. Bathrooms are fully updated with contemporary fixtures, double sinks, and a large walk-in shower. The home includes high-end upgrades such as an owned 25-panel solar system, a new pool heater (2021), and modern flooring throughout, showing no signs of deferred maintenance.
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 = 10019, living area = 1700.
- Turnkey Investment Potential
As a proven and successful short-term rental sold fully furnished, this property offers immediate income-generating potential in a high-demand Palm Springs market.
- Energy Efficiency
The inclusion of a fully owned 25-panel solar system provides a significant financial advantage by drastically reducing utility costs in the desert climate.
CONSRISKS & DEFICIENCIES
- School District Ratings
The property is served by schools with relatively low ratings, such as Raymond Cree Middle School and Desert Learning Academy, which may deter family-oriented buyers.
- Recent Price Correction
A recent price reduction from the original list price suggests the property may have faced challenges with initial market positioning or appraisal alignment.
About 2342 N San Gorgonio Road
Successful STR home + Furnished + Owned Solar + Renovated + Land You Own. Looking for a renovated and proven investment property? The open floor-plan and tall vaulted ceilings create perfect gathering spaces for every lifestyle. Enjoy movies on the sofa next to the fireplace or having cocktails with friends served from the wet bar. When friends gather, someone always ends up in the kitchen. Stainless steel appliances, gas cooktop and spacious counters allow the cooking to continue while the open-concept island and window facing the pool keep the cooks connected & beverages flowing.Three bedrooms grace the home with the primary suite featuring a large bath including double sinks, walk in shower for two as well as double closets. The back yard is the best room out of the house! In-ground heated pool and spa, gazebo, exterior pool table, numerous fruit trees, manicured landscaping, fire pit, outdoor grill and privacy walls allow for relaxing or entertaining. The laundry room is spacious enough to accommodate side-by-side washer/dryer, wall cabinetry and a large closet. Home includes 2-car garage, 2-car driveway, connected outdoor grill, pool wifi automation, new pool heater (2021) and owned 25-panel solar system.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 1.6 mi
Katherine Finchy Elementary School
Grades K-5 • 1.7 mi
Raymond Cree Middle School
Grades 6-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,700 | 1,964 | 35% |
| Lot Size | 10,019 | 9,583 | 58% |
| Price | $895.0K | $895.0K | 50% |
| Price per sq ft | $526 | $478 | 59% |
| Built year | 1989 | 1989 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 180 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$895,000
$949,000
-6% Price Drop
Initial Listing
Price Change
Jan 24, 2026
$949,000
Initial Listing
Sold
Jul 23, 2021
$875,000
Public Record
Sold
May 12, 2017
$465,000
Public Record
Sold
Jun 9, 2016
$328,000
Public Record
Sold
May 8, 2007
$345,000
Public Record
Sold
May 14, 2004
$291,500
Public Record