657 N Palomar Circle, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Turnkey Villa-Style Condominium is a Strong Value Opportunity, listed at $539,000—positioned well below the $559,660 Fair Market Value by 3%. This valuation gap offers $20,660 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is move-in ready with updated stainless steel appliances and stone countertops. With Fee Simple Land Ownership, western mountain views, and access to community pools and tennis courts, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 657 N Palomar Circle Subject | $539,000* List Price | 3 | 2 | 1,387 | $404 | - |
A 815 N Cerritos Drive Sold | $595,000 | 3 | 2 | 1,347 | $442 | 0.1 mi |
B 1429 N Cerritos Drive Sold | $529,000 | 3 | 2 | 1,248 | $424 | 0.6 mi |
C 653 N Palomar Circle Sold | $445,000 | 2 | 2 | 1,052 | $423 | 0.0 mi |
D 1878 E Chia Road Sold | $475,000 | 3 | 2 | 1,248 | $381 | 0.6 mi |
E 1115 E Alejo Road Sold | $475,000 | 2 | 2 | 1,221 | $389 | 0.6 mi |
F 1861 Paseo Pelota Sold | $460,000 | 2 | 2 | 1,252 | $367 | 0.4 mi |
G 1747 E El Alameda Active | $597,000 List Price | 3 | 2 | 1,401 | $426 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972, the property has been well-maintained and underwent a mid-range renovation approximately 10-15 years ago. The kitchen features updated stainless steel appliances, stone countertops, and a subway tile backsplash. With updated tile flooring and a 'move-in ready' turnkey status, it fits the criteria for a functional, updated home despite its chronological age.
Unlike many Palm Springs properties situated on leased land, this home is on Fee Land (land you own), providing greater investment security and easier financing options.
The property is being sold turnkey furnished, offering a seamless transition for buyers looking for a secondary residence or an immediate vacation rental opportunity.
Situated on a quiet cul-de-sac in Central Palm Springs, the unit boasts desirable western mountain views and direct access to lush community greenbelts.
The property features a shared 2-car garage rather than a private individual garage, which may limit privacy and exclusive storage options for the owner.
At $622 per month, the association fees represent a substantial recurring carrying cost that may impact the overall affordability for some buyers.
Welcome to Sunrise Alejo, an enclave of single level, villa-style condominiums. This unit is situated on a quiet cul-de-sac with greenbelt and mountain views. This property offers 3 bedrooms, 2 baths, an atrium and attached garage. This home is being sold Turnkey furnished and is move-in ready. Tile flooring is in the main living areas and bathrooms while carpet is in the bedrooms. A dedicated laundry room leads to the shared 2-car garage with extra storage. The primary bedroom features a King-size bed, has its own private patio as well as an ensuite bathroom with dual sinks. The first guest bedroom features a queen-size bed and access to the atrium. The second guest bedroom features twin beds. The main area is open and airy and leads to a private patio with western mountain views. Community features include lush landscaping, 3 pools and spas, as well as tennis and pickle ball courts. Sunrise Alejo is in Central Palm Springs, on Fee Land (Land you own) and centrally located to the Palm Springs Airport, shopping and downtown.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,387 | 1,147 | 78% |
| Lot Size | 2,277 | 436 | 93% |
| Price | $539.0K | $359.5K | 74% |
| Price per sq ft | $389 | $344 | 65% |
| Built year | 1972 | 1981 | 13% |
| HOA | $622.0 | $550 | 69% |
| Days on market | 14 | 159 | 1% |
May 30, 2026
$539,000
Initial Listing
May 14, 2012
$179,000
Public Record
Jul 27, 1994
$112,500
Public Record