Enchanting entrance from Old Las Palmas
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1422 Kern Lane, Palm Springs, CA 92262

$2.50M3bd · 4ba · 2,604 sqft
Lot 1 sqft•HOA $625/mo•Condominium•
Active
•54d on market•MLS# 219151577

Property Description

This is the first release of Phase 2 at The Twelve at Old Las Palmas. Featuring larger square footage than Phase 1, more yard space AND a Sky Villa Suite on the Rooftop Deck with a private elevator to transport you there. The views from the top are amazing, with mountain views to the west and palm treetop views to the east. Ideally situated in historic Old Las Palmas, this property is unlike anything else you've seen. The innovative design of these luxury condominiums, built by Palm Springs Modern Construction, lends itself perfectly to the upscale buyer looking for a beautiful lock and leave residence or just the simplicity of a permanent residence where everything is maintained for you. Professionally designed and amenitized to create the true experience of everything being included, nothing has been held back in the features and finishes of the homes at The Twelve. On the inside, everything from the luxurious stone and wood flooring throughout to the private elevator, stone counters, custom cabinetry, Kohler fixtures and Thermador appliances all of which were thoughtfully selected to exceed expectation. On the outside, this home includes a private cocktail pool and outdoor living area that integrates seamlessly with the indoor living spaces and the nearly 700 square foot rooftop deck (in addition to the interior square footage quoted) includes a fully outfitted barbecue kitchen and a lounge area with a cozy fireplace. This home is currently under construction and is scheduled to be ready to move in January. In the meantime, our fully furnished model home is available to tour (or purchase) now, and is shown by appointment only (same day showings are available). It is simple to schedule a tour by visiting our website at www.12atLasPalmas.com

Features & Amenities

Old Las PalmasFeeBuilt 2026

Property Details

Subdivision
Old Las Palmas
Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Forced Air, Natural Gas
Cooling
Air Conditioning, Central Air
View
City Lights, Mountain(s)
Flooring
Hardwood, Stone Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byDesert Home Finders, Inc., Antun Barbato·760-578-7901

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,616.08
Principal & Interest
Loan Amount
$1,996,000
Total Interest
$2,545,788
Total Payment Over 30 Years
$4,541,788
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Old Las Palmas

This property is located in Old Las Palmas, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Old Las Palmas Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1422 Kern Lane, Palm Springs, CA 92262

Old Las Palmas · Palm Springs · Condominium

$2.50M
Luxury Tier
Beds
3
Baths
4
Sqft
2,604
Lot
1 sqft
Year
2026
$/Sqft
$958
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 2-car✓

Listed 134.3% above the median closed sale of $1,065,000. Price per sqft ($958) is a 112% premium to closed comps ($451). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.50M· $958/sqft
Total list price
Closed comps
vs closed median $1.06M
+$1.43M (+134.3%)
Active comps
vs active median $1.34M
+$1.15M (+85.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $565
+$393 (+69.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
185 Pena LanePalm Springs2026342,2450$889$2.00M16672
2426 Madrona DrivePalm Springs1971332,5930$530$1.38M9751
2324 Camino VidaPalm Springs1971332,5934,356$519$1.34M1642
2493 Madrona DrivePalm Springs1971332,5935,227$499$1.29M3242
426 Hermosa DrivePalm Springs1979342,2990$387$889,0001742
Total: 5 · Average3.03.42,464.64,791.5$564.8$1.38M65.6
Median2,593$1.34M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
459 Desert Lakes DrivePalm Springs197208/17/2026332,4520$399,900$368,000$1500.9218650
1347 Verano DrivePalm Springs197007/02/2026332,3764,356$1.08M$1.06M$4480.994347
517 Desert Lakes DrivePalm Springs197206/16/2026332,5523,049$675,000$625,000$2450.934542
205 Desert Lakes DrivePalm Springs196705/18/2026342,2173,049$2.20M$2.05M$9250.935440
254 Mayfair WayPalm Springs202109/03/2026232,2370$1.09M$1.08M$4850.995540
Total: 5 · Average2.83.22,366.83,484.667$1.04M$1.04M$450.6—76.6
Median2,376$1.06M$1.06M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.