255 S Avenida Caballeros 302, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
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Palm Springs, California 92262
This Modernist Architectural Condo, designed by the legendary Hugh M. Kaptur, is listed at $299,000, offering a rare opportunity to purchase at its $299,000 Fair Market Value. Following a significant price correction, the property provides a stable and fair entry into the central Palm Springs market. Maintaining a Good Condition Rating, the unit features essential upgrades like a newer HVAC and dual-pane windows, alongside a private patio with stunning Mountain Views. This turnkey residence is perfectly suited for lifestyle-oriented buyers or seasonal residents seeking an iconic desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 255 S Avenida Caballeros 302 Subject | $299,000* List Price | 2 | 2 | 1,046 | $286 | - |
A 222 N Calle El Segundo 576 Sold | $375,000 | 2 | 2 | 1,139 | $329 | 0.4 mi |
B 280 S Avenida Caballeros 116 Sold | $339,000 | 2 | 2 | 996 | $340 | 0.1 mi |
C 255 S Avenida Caballeros 106 Sold | $299,900 | 2 | 2 | 1,046 | $287 | 0.1 mi |
D 280 S Avenida Caballeros 238 Sold | $330,000 | 2 | 2 | 1,128 | $293 | 0.1 mi |
E 351 N Hermosa Drive 2b2 Sold | $262,500 | 2 | 2 | 849 | $309 | 0.6 mi |
F 255 S Avenida Caballeros 306 Active Under Contract | $312,000 List Price | 2 | 2 | 1,046 | $298 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the criteria for a 'good' condition score. While originally built in 1989, the unit has been updated with essential modern systems including a newer HVAC and hot water heater, as well as energy-efficient dual-pane windows. The interior features consistent tile flooring, fresh paint, and updated contemporary light fixtures and ceiling fans. Although the kitchen cabinetry and some appliances reflect an older style, they have been refreshed with modern hardware and appear to be in very clean, functional condition with no signs of deferred maintenance.
Designed by renowned architect Hugh M. Kaptur, this centrally located condo offers iconic Palm Springs style within walking distance to downtown shopping and dining.
The unit features a newer HVAC system, hot water heater, and dual-pane windows, providing essential climate control and energy savings in the desert environment.
A large private patio with mountain views seamlessly connects to the open-concept interior, offering a spacious ground-floor retreat ideal for entertaining.
At $595 per month, the HOA dues represent a significant recurring expense relative to the property's price point, which may impact buyer affordability.
The assigned public schools carry average to below-average ratings, which could limit the property's appeal to families prioritizing top-tier educational districts.
Welcome to this condo in a complex with architectural significance designed by Hugh M. Kaptur in the heart of Palm Springs at a great value! This ground-floor unit is perfectly situated near downtown, offering easy access to the city's best shopping, dining, and entertainment. Featuring an expansive private patio, this home is paradise, ideal for relaxing with morning coffee or hosting sunset gatherings under the desert sky. Inside, you'll find a bright and airy open floor plan with sleek accents. The living area flows seamlessly into the dining space and kitchen. Sliding glass doors provides direct access to the patio and a full-sized washer and dryer closet with some storage, creating a harmonious indoor-outdoor living experience with mountain view. The spacious bedrooms offer a serene retreat with ample closet space. Additional highlights include tile flooring throughout, and energy-efficient features like dual-pane windows and newer HVAC and hot water heater. Boutique complex offers lush landscaping, a sparkling community pool and spa, and covered parking that is located close to the unit. Don't miss this rare opportunity to own a centrally located condo that combines modern luxury with Palm Springs' iconic lifestyle! HOA dues: $595/month and include Earthquake Insurance, water, sewer, and trash.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.7 mi
Grades K-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,046 | 1,122.5 | 44% |
| Lot Size | - | 436 | 46% |
| Price | $299.0K | $360.0K | 38% |
| Price per sq ft | $286 | $345 | 22% |
| Built year | 1989 | 1981 | 84% |
| HOA | $577.0 | $550 | 59% |
| Days on market | 217 | 183 | 72% |
Mar 19, 2026
$299,000
$330,000
-9% Price Drop
Initial Listing
Dec 17, 2025
$330,000
$350,000
-6% Price Drop
Initial Listing
Sep 17, 2025
$350,000
Initial Listing