
Palm Springs, California 92264
This Turnkey Condominium represents a Strong Value Opportunity, listed at $400,000—positioned well above the $359,643 Fair Market Value by 11%. While priced at a premium, the property features an Updated Kitchen, Upgraded Tile Flooring, and a Condition Rating of 3, ensuring a move-in ready experience. Residents enjoy a gated community with Pool Access, Mountain Views, and proximity to Palm Springs Unified schools. This home offers a refined lifestyle for Owner-Occupants or first-time buyers seeking a low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2601 S Broadmoor Drive 11 Subject | $400,000* List Price | 2 | 2 | 1,130 | $318 | - |
A 2601 S Broadmoor Drive 74 Sold | $355,000 | 2 | 2 | 1,178 | $301 | 0.1 mi |
B 2601 S Broadmoor Drive 63 Sold | $352,000 | 2 | 3 | 1,178 | $299 | 0.1 mi |
C 5920 Paradise Plaza Sold | $310,000 | 2 | 2 | 1,168 | $265 | 0.9 mi |
D 2345 S Cherokee Way 105 Sold | $409,000 | 3 | 2 | 1,374 | $298 | 0.8 mi |
E 2240 E Miramonte Circle C Sold | $450,000 | 3 | 2 | 1,404 | $321 | 0.3 mi |
F 2700 Lawrence Crossley Road 41 Sold | $300,000 | 2 | 2 | 885 | $339 | 0.6 mi |
G 2601 S Broadmoor Drive 44 Pending | $330,000 List Price | 2 | 2 | 1,178 | $280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1985, the property features an updated kitchen with granite countertops and upgraded tile flooring. The interior appears well-maintained, functional, and move-in ready, consistent with a renovation within the 5-15 year range.
Situated in a gated community on the desirable south end of Palm Springs, this ground-floor unit offers immediate pool access and is minutes from downtown and hiking trails.
The property features an updated kitchen, uniform tile flooring, and vaulted ceilings, creating a contemporary and spacious feel throughout the living areas.
High-value custom security doors at the front entry and patios provide an added layer of safety and peace of mind within the gated Sommerset Springs community.
The $530 monthly association fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
With a construction date of 1985, the property may soon require updates to major systems or common area components typical of mid-80s developments.
Welcome to a prime Palm Springs retreat in a gated community. This single-level, ground-floor condo is just steps from the pool, blending easy access with everyday comfort. Inside, you’ll find vaulted ceilings in both bedrooms, a spacious living room with a fireplace, an updated kitchen and upgraded tile flooring throughout. The large primary suite features an attached bath, large walk in closet, and a private patio, while the second bedroom is a comfortable, well-sized retreat. Custom security doors at the front entry and patios add a standout, high-value upgrade. It’s an inviting home in a sought after location. Within 10 min from Downtown Palm Springs, famous hiking trails and numerous other attractions. Just a few minutes away from grocery stores and other shopping centers. Do not miss out on this opportunity!
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades 6-8 • 4.3 mi
Grades K-12 • 2.2 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 | 1,130 | 1,377 | 25% |
| Lot Size | 1,314 | 871 | 64% |
| Price | $400.0K | $495.0K | 30% |
| Price per sq ft | $354 | $359 | 48% |
| Built year | 1985 | 1977 | 83% |
| HOA | $530.0 | $620 | 30% |
| Days on market | 9 | 152 | 0% |
May 28, 2026
$400,000
Initial Listing
Apr 13, 2016
$175,000
Public Record
Oct 18, 2012
$128,000
Public Record
Mar 2, 2004
$160,000
Public Record
Dec 15, 1999
$74,000
Public Record
Jul 21, 1998
$48,000
Public Record