400 N Sunrise Way 101, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
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Palm Springs, California 92262
This Fee Simple Condominium represents a Strong Value Opportunity with a List Price of $290,000—positioned well below the $322,194 Fair Market Value by 9%. This valuation gap provides $32,194 in Instant Equity for a property maintaining a Condition Rating of 3. Featuring a Granite Kitchen, new dual-pane windows, and striking Mountain Views, the home offers a turnkey lifestyle near Katherine Finchy Elementary. Located on land you own, this is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a stable, high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 N Sunrise Way 101 Subject | $290,000* List Price | 2 | 2 | 1,150 | $280 | - |
A 400 N Sunrise Way 158 Sold | $292,000 | 2 | 2 | 1,150 | $254 | 0.0 mi |
B 1421 N Sunrise Way 34 Sold | $289,000 | 2 | 2 | 1,170 | $247 | 0.9 mi |
C 400 N Sunrise Way 203 Sold | $275,000 | 1 | 1 | 850 | $324 | 0.0 mi |
D 400 N Sunrise Way 252 Sold | $270,000 | 1 | 1 | 850 | $318 | 0.1 mi |
E 280 S Avenida Caballeros 266 Sold | $355,000 | 2 | 2 | 1,128 | $315 | 0.8 mi |
F 280 S Avenida Caballeros 238 Sold | $330,000 | 2 | 2 | 1,128 | $293 | 0.8 mi |
G 1411 N Sunrise Way 7 Active | $279,000 List Price | 2 | 2 | 1,067 | $261 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with several high-value recent updates. While the building dates to 1972, the unit features recently installed tile flooring throughout, crown moldings, and brand-new dual-pane sound-dampening windows and doors. The kitchen is functional and updated with granite countertops and a full suite of major appliances. The interior appears well-maintained with minimal wear, fitting the 'good' criteria for a property that has undergone significant component updates without a total structural renovation.
A significant advantage in the Palm Springs market, this property is located on land you own rather than a land lease, offering better financing options and long-term investment security.
The unit features high-value recent improvements, including new tile flooring throughout and premium dual-pane sound-dampening windows and sliding doors that enhance energy efficiency and interior quiet.
As a ground-level end unit, the home provides superior accessibility and privacy, while offering striking west-facing mountain views and a fence-enclosed patio overlooking the pool.
Constructed in 1972, the building may have aging common-area infrastructure or systems that could necessitate future HOA assessments or maintenance updates.
The ground-level proximity to the community pool and the central location near a main thoroughfare like Sunrise Way may result in higher levels of ambient noise during peak hours.
Ground level end unit located at Americana Gardens in central Palm Springs on land you own with low monthly homeowners dues. This two-bedroom, two-bath home has recently-installed tile flooring throughout, crown moldings, and has been fitted with all new dual-pane, sound-dampening windows and sliding glass doors. The Kitchen has granite countertops, with a breakfast bar, and all major appliances, including a refrigerator, dishwasher, range, and built-in microwave. The Master Bedroom features a generous walk-in closet, and the unit includes its own laundry area with washer and dryer. Striking west-facing mountain views from the bedroom windows. Outside, there is a fence-enclosed patio with a view to one of three sparkling swimming pools, each with a spa. Ownership in Americana Gardens also includes a community fitness room. Quick and easy access to downtown Palm Springs, the Convention Center, the Spa Resort and Casino, shopping, dining, medical and professional services.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.9 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 | 1,150 | 1,130 | 51% |
| Lot Size | 3,049 | 500 | 95% |
| Price | $290.0K | $360.0K | 36% |
| Price per sq ft | $252 | $345 | 14% |
| Built year | 1972 | 1981 | 16% |
| HOA | $519.0 | $550 | 42% |
| Days on market | 67 | 182 | 8% |
Feb 15, 2026
$290,000
Initial Listing
Oct 16, 2014
$145,000
Public Record
May 31, 2012
$75,000
Public Record
Aug 20, 2009
$87,000
Public Record