3155 E Ramon Road 311, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
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Palm Springs, California 92264
This Modernized Ground-Level Condominium represents a strategic value buy listed at $375,000—positioned well below the $380,989 Fair Market Value by 1%. This valuation gap provides $5,989 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features updated bathrooms, stainless appliances, and dual patios with San Jacinto Mountain views. Residents enjoy resort-style pools and pickleball courts within the Palm Springs Unified district, near Palm Springs High School and Cahuilla Elementary. This Airbnb-friendly asset is an ideal match for Short-Term Rental Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3155 E Ramon Road 311 Subject | $365,000* List Price | 3 | 2 | 1,339 | $280 | - |
A 3155 E Ramon Road 312 Sold | $420,000 | 3 | 2 | 1,339 | $314 | 0.0 mi |
B 3155 E Ramon Road 508 Sold | $350,000 | 3 | 2 | 1,339 | $261 | 0.1 mi |
C 3155 E Ramon Road 710 Sold | $330,000 | 2 | 2 | 1,230 | $268 | 0.2 mi |
D 3155 E Ramon Road 703 Sold | $340,000 | 2 | 2 | 1,230 | $276 | 0.1 mi |
E 2150 N Sunshine Circle Sold | $450,000 | 3 | 2 | 1,342 | $335 | 0.5 mi |
F 2256 N Sunshine Active | $390,000 List Price | 3 | 2 | 1,342 | $291 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior updates. The bathrooms have been extensively renovated with modern vanities, quartz-style countertops, and contemporary tile work. The kitchen, while retaining older cabinetry and fluorescent light boxes, has been updated with modern stainless steel appliances. The home features consistent tile flooring throughout the living areas and appears well-maintained, though the 1979 construction is still evident in the popcorn ceilings and kitchen layout.
Marketed as Airbnb-friendly, this property offers significant income potential for investors looking to capitalize on the high demand for vacation rentals in Palm Springs.
The condo features a spacious open-concept layout with updated bathrooms, stainless steel appliances, and durable tile flooring, making it move-in ready for buyers.
The community provides an active lifestyle with access to two pools, spas, tennis courts, and newly installed pickleball courts, all complemented by stunning mountain views.
The monthly HOA fee of $600 is relatively high, which increases the total carrying cost and may impact the net ROI for investment-focused buyers.
Constructed in 1979, the complex may face long-term maintenance requirements or potential special assessments common with older developments, despite the unit's internal updates.
Welcome to your desert escape in The Palms! This inviting 3-bedroom, 2-bath ground-level condo offers just under 1,400 square feet of open-concept living, perfectly positioned to capture stunning mountain views right from your own home. Whether you're searching for a full-time residence, vacation getaway, or a smart investment ( AIRBB FRIENDLY) , this property delivers with flexible rental opportunities that appeal to both new and seasoned investors. Inside, you'll love the spacious layout featuring tile flooring throughout, a bright and functional kitchen with abundant cabinet space, stainless steel appliances, and beautifully updated bathrooms. The primary suite is a true standout, generously sized with a walk-in closet, breathtaking mountain views from the bed, and a stylish en-suite bathroom complete with dual vanities and a sleek tiled walk-in shower. Two large patios extend your living space outdoors, creating the perfect setting for relaxing or entertaining under the desert sky. Set within the beautifully maintained grounds of The Palms, residents enjoy lush landscaping, dramatic mountain backdrops, two pools and spas, tennis courts, and newly installed pickleball courts. With its ideal blend of comfort, lifestyle, and income potential, this is a home that truly deserves to be experienced in person.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,339 | 1,392 | 47% |
| Lot Size | 1,339 | 871 | 64% |
| Price | $365.0K | $485.0K | 26% |
| Price per sq ft | $273 | $347 | 16% |
| Built year | 1979 | 1976 | 61% |
| HOA | $600.0 | $624 | 44% |
| Days on market | 30 | 156 | 1% |
Apr 21, 2026
$365,000
$375,000
-3% Price Drop
Initial Listing
Mar 23, 2026
$375,000
Initial Listing
Nov 12, 2020
$265,000
Public Record
Mar 9, 2020
$247,500
Public Record
Jun 9, 2017
$189,500
Public Record