277 E Alejo Road 214, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This Turnkey Mid-Century Studio offers a premier lifestyle opportunity in downtown Palm Springs with a List Price of $195,000, aligning with its $180,082 Fair Market Value. The residence holds a Modern Condition Rating due to extensive recent renovations and features Mountain and Courtyard Views, a Pool and Spa, and an Inclusive HOA Utilities package covering electricity and climate control. Proximity to Top-Rated Katherine Finchy Elementary and the Agua Caliente Casino enhances its appeal as a low-maintenance sanctuary. This property is perfectly suited for Vacation Home Seekers or First-Time Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 277 E Alejo Road 214 Subject | $195,000* List Price | 1 | 1 | 390 | $462 | - |
A 314 E Stevens Road 9 Sold | $173,000 | 0 | 1 | 400 | $433 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1966, this specific unit has undergone an extensive recent renovation, making it move-in ready and turnkey. The interior features modern flooring, a contemporary kitchen with stainless steel appliances and updated cabinetry, and a modernized bathroom with current fixtures. The property shows no signs of deferred maintenance and meets high quality standards for modern living.
Situated in the heart of Palm Springs, this property offers exceptional walkability to top-tier dining, shopping, and the Agua Caliente Casino, making it a highly desirable location for residents and vacationers alike.
The monthly HOA dues are highly inclusive, covering essential utilities such as electricity, cooling, heating, and water, which provides significant value and cost predictability in the desert climate.
The unit is move-in ready and comes complete with tasteful furnishings and décor, allowing for an immediate transition for a primary owner or a seamless start as a vacation rental.
At only 390 square feet, the compact studio layout may be restrictive for long-term residents or those requiring separate living and sleeping quarters.
Constructed in 1966, the mid-century complex may require ongoing attention to aging infrastructure and systems compared to more modern residential developments.
Step into modern living in this turnkey studio perched on the second level of the coveted Villa Alejo complex in downtown Palm Springs. Bathed in natural light, this thoughtfully updated residence blends iconic mid-century design with contemporary conveniences, making it a seamless primary residence or a high-demand vacation retreat. This unit, one of the best locations in the complex, offers stunning views of the mountains and a welcoming balcony that overlooks the lovely landscaped courtyard and the beautiful pool and spa. The HOA dues include electric, Cooling & Heating, sewer, water, trash, parking, and earthquake insurance. Residents enjoy the gated underground parking lot to include one reserved parking space, storage, and two elevators. Delight in the convenience of nearby restaurants, Starbucks, shopping, entertainment, and the Agua Caliente Casino. Move-in ready with tasteful furnishings, décor, and essentials included. Just bring your suitcase and start living!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.1 mi
Grades K-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 390 | 1,122.5 | 1% |
| Lot Size | - | 436 | 46% |
| Price | $195.0K | $360.0K | 13% |
| Price per sq ft | $500 | $347 | 91% |
| Built year | 1966 | 1981 | 7% |
| HOA | $377.63 | $550 | 9% |
| Days on market | 156 | 182 | 38% |
Apr 2, 2026
$195,000
$205,000
-5% Price Drop
Initial Listing
Feb 24, 2026
$205,000
$215,000
-5% Price Drop
Initial Listing
Nov 18, 2025
$215,000
Initial Listing