
Palm Springs, California 92262
This 1,596 sqft Contemporary Downtown Townhouse is listed at $599,000, aligning with its $599,000 Fair Market Value to offer a stable equity position. Featuring a Good Condition Rating, the home provides a turnkey experience with modern stainless appliances and Stunning Mountain Views. A major highlight is the Fee Simple Land near the Arenas District. Located in the Palm Springs Unified district near Cahuilla Elementary and Palm Springs High, this property balances lifestyle luxury with financial security. It is ideal for Seasonal Residents or Owner-Occupants seeking a polished desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 671 E Arenas Road Subject | $599,000* List Price | 2 | 3 | 1,596 | $375 | - |
A 1410 Yermo Drive N Unit #9 Sold | $540,000 | 3 | 3 | 1,509 | $358 | 0.7 mi |
B 402 N Hermosa Drive Sold | $749,000 | 3 | 3 | 1,650 | $454 | 0.8 mi |
C 307 W Arenas Road Sold | $750,000 | 2 | 3 | 1,592 | $471 | 0.5 mi |
D 1294 Tiffany Circle N Sold | $599,000 | 2 | 2 | 1,251 | $479 | 0.5 mi |
E 1426 Yermo Drive Sold | $686,750 | 3 | 3 | 1,649 | $416 | 0.7 mi |
F 374 Terra Vita Sold | $522,000 | 2 | 2 | 1,375 | $380 | 0.8 mi |
G 677 E Arenas Road Pending | $659,000 List Price | 2 | 3 | 1,794 | $367 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, this property is in move-in ready condition and has been well-maintained. The kitchen features modern stainless steel appliances, contemporary cabinetry, and solid-surface countertops. The interior boasts updated flooring, recessed lighting, and clean, modern bathrooms. While the structure is approximately 21 years old, the overall aesthetic and system maintenance align with the 'good' category, showing minimal wear and tear without the need for immediate renovation.
Situated in the heart of Palm Springs, this property offers exceptional walkability to the vibrant Arenas District and the upscale dining and shopping of the downtown core.
A significant advantage in the Palm Springs market, this property is located on fee land, meaning you own the land outright rather than dealing with a land lease.
The gated community provides a luxury resort lifestyle with access to four pools and spas, complemented by contemporary architecture and stunning mountain views.
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 = 996.
The monthly association fee of $726 is relatively high, which may be a deterrent for buyers sensitive to recurring monthly carrying costs.
The property utilizes carport parking rather than a private enclosed garage, which offers less security and protection from the desert heat for vehicles.
Introducing 48@Arenas - an enclave of contemporary townhouses nestled in the heart of Palm Springs, mere moments away from the vibrant Arenas District and an array of upscale dining and shopping destinations Downtown. Step into your own private oasis as you enter this sleek and modern home, where a welcoming patio sets the tone for the indoor-outdoor lifestyle that defines Palm Springs living. The main level boasts an open-concept design, seamlessly connecting the kitchen, living, and dining areas, all accentuated by expansive sliders that frame stunning mountain views and the serene Western-facing patio. A half bath and utility area round out the convenience of the main level. Upstairs, two serene ensuite bedrooms offer unparalleled privacy for both owners and guests. The primary, with its majestic mountain vistas and a charming Juliet balcony, serves as a luxurious retreat, while the cheerful morning light of the guest ensuite creates an equally inviting ambiance. Storage abounds throughout the home, complemented by a community bike room and convenient carport parking just steps away from the kitchen. Enjoy resort-style living with access to four pools and spas, all within a secure gated community where you own the land outright. Don't let this opportunity slip away!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.7 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 | 86% |
| Square foot | 1,596 | 1,130 | 88% |
| Lot Size | 871 | 500 | 59% |
| Price | $599.0K | $361.0K | 86% |
| Price per sq ft | $375 | $347 | 59% |
| Built year | 2003 | 1981 | 87% |
| HOA | $726.0 | $550 | 89% |
| Days on market | 106 | 182 | 24% |
Mar 28, 2026
$599,000
$609,000
-2% Price Drop
Initial Listing
Feb 24, 2026
$609,000
$619,500
-2% Price Drop
Initial Listing
Feb 2, 2026
$619,500
$639,000
-3% Price Drop
Initial Listing
Jan 7, 2026
$639,000
Initial Listing
Oct 29, 2021
$555,000
Public Record
Feb 5, 2004
$330,000
Public Record