401 S El Cielo Road 228, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This Turnkey Condominium represents a Strong Value Opportunity, listed at $275,000—positioned above the $259,907 Fair Market Value. While priced slightly above market, the property maintains a Condition Rating of 3, featuring a renovated kitchen and bathroom that ensure a move-in ready experience. Residents enjoy resort-style amenities, including six pools and tennis courts, alongside comprehensive HOA coverage. Located near Palm Springs High School, this residence offers a low-maintenance lifestyle perfect for Buy-and-Hold Investors or first-time buyers seeking a vacation getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 S El Cielo Road 228 Subject | $275,000* List Price | 1 | 1 | 868 | $299 | - |
A 401 El Cielo Road 240 Sold | $270,000 | 2 | 2 | 1,084 | $249 | 0.0 mi |
B 437 Bradshaw Lane 50 Sold | $275,000 | 2 | 2 | 782 | $352 | 0.2 mi |
C 413 Bradshaw Lane 76 Sold | $255,000 | 2 | 2 | 960 | $266 | 0.2 mi |
D 401 S El Cielo Road 147 Sold | $315,000 | 2 | 2 | 1,084 | $291 | 0.1 mi |
E 401 S El Cielo Road 157 Active | $247,000 List Price | 1 | 1 | 768 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the property has undergone significant updates including a kitchen with stainless steel appliances and stone countertops, and a renovated bathroom with a modern vanity. The interior is well-maintained and move-in ready, consistent with a 5-15 year renovation cycle.
This residence is offered updated and turnkey furnished, providing an immediate move-in or rental opportunity with no additional capital required for renovations or furnishings.
The gated La Palme community offers premium amenities including six pools and spas, three tennis courts, and EV charging stations, significantly enhancing the lifestyle value for residents.
The HOA dues include a robust utility and maintenance package covering roof maintenance, water, trash, Wi-Fi, and basic cable with HBO, offering excellent cost predictability for owners.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 962.
The property's close proximity to the Palm Springs International Airport may result in intermittent aircraft noise, which could affect the quiet enjoyment of the mountain-view balcony.
With only one bedroom and 868 square feet of living space, the property may lack the versatility needed for buyers seeking a home office or guest accommodations.
An updated, turnkey furnished, second floor condo awaits you in the highly desirable and gated La Palme community in Central Palm Springs. This one bedroom, one bath residence offers 868 sq. ft. of smartly laid-out living space. The efficient kitchen provides plenty of cabinet space, stainless steel appliance, granite countertop, and is conveniently adjacent to the dining area. Easily visible from the kitchen and dining area is the cozy living room with sliding glass doors that open onto the balcony with your mountain views. Additional highlights include ceiling fans, window shutters, indoor laundry with washer and dryer, and, an assigned covered parking space. La Palme offers resort-style amenities including 6 pools and spas, 3 tennis courts, and 2 EV charging stations. HOA dues include roof maintenance, water, trash, Wi-Fi, and basic cable with HBO. Well-located in the heart of Palm Springs, just minutes from the airport, shopping, dining, entertainment, golf, and downtown. A perfect full-time residence, vacation getaway, or investment opportunity with breathtaking mountain views.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 868 | 1,199 |
| Lot Size | 871 | 1,742 |
| Price | $275.0K | $445.8K |
| Price per sq ft | $317 | $351 |
| Built year | 1987 | 1980 |
| HOA | $485.0 | $587 |
| Days on market | 7 | 67 |
Jul 15, 2026
$275,000
Initial Listing