402 Calle Traditions, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath
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Palm Springs, California 92262
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $475,000—positioned well below the $512,000 Fair Market Value by 7%. This valuation gap provides $37,000 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Granite Kitchen, Mountain Views, and access to a Community Pool and Spa. While HOA fees are a factor, the proximity to downtown Palm Springs ensures high demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 Calle Traditions Subject | $475,000* List Price | 2 | 3 | 1,471 | $362 | - |
A 248 Villorrio Drive Sold | $585,000 | 2 | 3 | 1,516 | $386 | 0.4 mi |
B 1370 Yermo Drive S Sold | $506,000 | 2 | 2 | 1,333 | $380 | 0.9 mi |
C 1377 Yermo Drive S Sold | $528,000 | 2 | 2 | 1,333 | $396 | 0.9 mi |
D 410 N Calle El Segundo Sold | $530,000 | 2 | 2 | 1,438 | $369 | 0.7 mi |
E 374 Terra Vita Sold | $522,000 | 2 | 2 | 1,375 | $380 | 1.0 mi |
F 605 E Amado Road 610 Sold | $405,000 | 2 | 2 | 1,147 | $353 | 0.6 mi |
G 491 Terra Vita Sold | $475,000 | 2 | 2 | 1,375 | $345 | 1.0 mi |
H 452 White Fox Trail Active | $587,000 List Price | 2 | 3 | 1,471 | $399 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this 17-year-old property falls within the 10-20 year age bracket for a 'Good' rating. The kitchen and bathrooms are well-maintained with functional granite countertops and stainless steel appliances. The interior appears move-in ready with no visible maintenance issues, though the finishes are original to the build date.
The property is situated within walking distance to downtown Palm Springs, offering residents immediate access to premier dining, shopping, and entertainment.
Located in the secure Village Traditions gated community, the home includes access to a community pool, spa, and gym, providing a high-quality lifestyle.
The property features beautiful mountain views, a highly sought-after aesthetic in the Palm Springs market that enhances both value and appeal.
The monthly HOA fee of $569 represents a significant recurring carrying cost that may impact the overall affordability for some buyers.
The local public schools are rated relatively low (mostly 4/10), which could be a disadvantage for families prioritizing top-tier 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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,471 | 1,199 |
| Lot Size | - | 1,742 |
| Price | $475.0K | $445.8K |
| Price per sq ft | $323 | $351 |
| Built year | 2007 | 1980 |
| HOA | $569.0 | $587 |
| Days on market | 41 | 67 |
Jun 11, 2026
$475,000
Initial Listing