402 Calle Traditions 14, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath
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Palm Springs, California 92262
This Modern Gated Townhome in Village Traditions is a Strong Value Opportunity, listed at $500,000—positioned well below the $531,879 Fair Market Value by 5%. This valuation gap provides $31,879 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the residence features a Granite Kitchen, stainless appliances, and scenic Mountain Views from the private patio. Located minutes from downtown Palm Springs, it offers a premium lifestyle with built-in financial upside. This is an ideal acquisition for Owner-Occupants or Seasonal Residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 Calle Traditions 14 Subject | $475,000* List Price | 2 | 3 | 1,471 | $340 | - |
A 1370 Yermo Drive S Sold | $506,000 | 2 | 2 | 1,333 | $380 | 0.9 mi |
B 1410 Yermo Drive N Unit #9 Sold | $540,000 | 3 | 3 | 1,509 | $358 | 0.9 mi |
C 374 Terra Vita Sold | $522,000 | 2 | 2 | 1,375 | $380 | 1.0 mi |
D 491 Terra Vita Sold | $475,000 | 2 | 2 | 1,375 | $345 | 1.0 mi |
E 487 Village Square W. Sold | $400,000 | 2 | 2 | 1,680 | $238 | 0.2 mi |
F 605 E Amado Road 610 Sold | $405,000 | 2 | 2 | 1,147 | $353 | 0.6 mi |
G 248 Villorrio Drive Active Under Contract | $599,000 List Price | 2 | 3 | 1,516 | $395 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this 19-year-old property falls within the 10-20 year range for a 'Good' rating. The interior is well-maintained and move-in ready, featuring a functional kitchen with granite countertops and stainless steel appliances. While the cabinetry and tile flooring are original to the build and slightly dated, the overall condition is clean with no apparent deferred maintenance.
Situated in the gated Village Traditions community, this property offers exceptional proximity to downtown Palm Springs' premier dining, shopping, and cultural attractions.
The residence features desirable mountain views, a highly sought-after feature in the desert market that adds significant aesthetic value and appeal.
Built in 2007, this home provides more contemporary building standards, systems, and layouts compared to the older mid-century inventory common in the area.
The monthly HOA fee of $569 represents a substantial recurring carrying cost that may affect the overall affordability for budget-conscious buyers.
With several local schools rated at a 4 out of 10, the property may be less competitive for families specifically seeking top-rated educational districts.
Townhouse, walking distance to downtown Palm Springs, 2 bedrooms, 2.5 bathrooms and 2 car Insulated garage. Enjoy living inside a secure gated community that offers many amenities, community pool and Spa, gym. Beautiful mountain views.A Must see!!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.9 mi
Grades K-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 1,471 | 1,139 | 81% |
| Lot Size | - | 436 | 45% |
| Price | $475.0K | $362.0K | 64% |
| Price per sq ft | $323 | $345 | 39% |
| Built year | 2007 | 1981 | 89% |
| HOA | $569.0 | $550 | 56% |
| Days on market | 44 | 160 | 2% |
May 24, 2026
$475,000
$500,000
-5% Price Drop
Initial Listing
Apr 24, 2026
$500,000
Initial Listing