
Palm Springs, California 92262
This Modernized Ground-Floor Condominium is a Prime Investment Opportunity, listed at $249,000—positioned well below the $254,288 Fair Market Value by 2%. This valuation gap provides $5,288 in Instant Equity for buyers. Boasting a Condition Rating of 3, the interior features a renovated granite kitchen and stainless steel appliances. The ground-floor layout includes a private patio and offers easy access to resort amenities. Located near the top-rated Katherine Finchy Elementary, this property is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 N Sunrise Way 104 Subject | $229,900* List Price | 1 | 1 | 850 | $276 | - |
A 400 N Sunrise Way 252 Sold | $270,000 | 1 | 1 | 850 | $318 | 0.0 mi |
B 1411 N Sunrise Way 16 Sold | $221,000 | 1 | 1 | 771 | $287 | 0.9 mi |
C 1415 N Sunrise Way 55 Sold | $230,000 | 1 | 1 | 771 | $298 | 0.8 mi |
D 1407 N Sunrise Way 18 Sold | $193,000 | 1 | 1 | 771 | $250 | 0.9 mi |
E 1411 N Sunrise Way 7 Sold | $257,000 | 2 | 2 | 1,067 | $241 | 0.8 mi |
F 1407 N Sunrise Way 25 Sold | $225,000 | 1 | 1 | 771 | $292 | 0.9 mi |
G 400 N Sunrise Way 136 Active | $239,000 List Price | 1 | 1 | 850 | $281 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1972, the unit features a renovated kitchen with granite countertops, stainless steel appliances, and updated cabinetry. The interior shows well-maintained tile flooring and crown molding, indicating a renovation likely within the 5-15 year range, making it move-in ready.
The unit features a sleek, upgraded kitchen with granite countertops and stainless steel appliances, offering a contemporary aesthetic and immediate move-in readiness.
Priced at $249,000, this property provides an exceptionally affordable entry point into the Palm Springs market, positioned as high-value resort living.
The ground-floor location combined with a private patio offers convenient access and desirable outdoor living space, which is highly sought after in desert communities.
Built in 1972, the property may require more frequent maintenance or face potential future HOA assessments common with older condominium developments.
With only one bedroom and 850 square feet, the compact layout may limit the property's appeal to a smaller demographic of buyers or those needing extra space.
Motivated seller. Someone's going to get a deal .. Priced below market - Resort living for half the price ,This light and open ground floor unit has its own private patio, Sleek upgraded kitchen, stainless high end appliances and granite countertops, nice, access to pools, barbecue area, workout gym, and social activities. All at the lowest price .
No exterior & parking available.
Grades K-5 • 0.9 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 | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 850 | 1,131 | 34% |
| Lot Size | 3,049 | 436 | 94% |
| Price | $229.9K | $360.0K | 23% |
| Price per sq ft | $270 | $345 | 20% |
| Built year | 1972 | 1981 | 14% |
| HOA | $382.0 | $550 | 9% |
| Days on market | 42 | 160 | 2% |
Jun 6, 2026
$229,900
$239,000
-4% Price Drop
Initial Listing
May 29, 2026
$239,000
$244,000
-2% Price Drop
Initial Listing
May 21, 2026
$244,000
$249,000
-2% Price Drop
Initial Listing
Apr 26, 2026
$249,000
Initial Listing
May 4, 2006
$190,000
Public Record