Stunning Resort Style Grounds
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1550 S Camino Real, 123, Palm Springs, CA 92264

$319K2bd · 2ba · 889 sqft
Lot 1,100 sqft•HOA $559/mo•Condominium•
Active
•40d on market•MLS# 219152084

Property Description

Currently the only unit available at the coveted Biltmore III, recently listed. Great Location-Palm Springs living at its best. Come tour this light and bright coveted Biltmore III condo featuring contemporary modern design and finishes throughout. Situated in one of the most ideal areas of Palm Springs. Step into this charming, fresh move in ready two-bedroom, two bath ground-floor bright corner unit in a secure building. Unit has an open floor plan concept with an adjacent outdoor lovely patio. Quartz counters with custom subway tiles in the kitchen with stainless steel appliances with a breakfast bar and dining area off kitchen. Contemporary unique tile flooring throughout W/ tasteful lights. Custom fabric vertical blinds. Considerably large bedrooms with ample closet space. with glass slider access to the patio. Nicely separated bedrooms. Main bedroom features a walk-in shower, guest bedroom has a walk-in closet and tub over shower, both bathrooms have quartz counters. Quite location in south Palm Springs CA, very close to the heartbeat of downtown. This is a resort like community with a large gated, pool and spa area with covered cabana area with BBQ's, bathrooms, lots of lounging areas around pool. This unit is very close to the pool. Biltmore III just blocks to nearby neighborhood coffee shops and restaurants. This high-demand, resort-like community is popular for winter getaways and seasonal or long-term rentals because of its excellent location. The unit was a very successful vacation rental. Sold with contemporary furnishings. Make this modern style gem yours.

Features & Amenities

BiltmoreLeaseBuilt 1974

Property Details

Subdivision
Biltmore
Land Type
Lease
Year Built
1974
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Central, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
Flooring
Ceramic Tile
Roof
Foam
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byHomeSmart, Bill A Fennessey·949-521-4047

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,613.04
Principal & Interest
Loan Amount
$255,200
Total Interest
$325,494
Total Payment Over 30 Years
$580,694
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Biltmore

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

View Biltmore Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1550 S Camino Real, 123, Palm Springs, CA 92264

Biltmore · Palm Springs · Condominium · Lease Land

$319K
Affordable Tier
Beds
2
Baths
2
Sqft
889
Lot
1,306 sqft
Year
1974
$/Sqft
$359
Pool: Yes✓
Spa: Yes✓

Listed in line with the median closed sale of $320,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $319K· $359/sqft
Total list price
Closed comps
vs closed median $320K
−$1K (−0.3%)
Active comps
vs active median $549K
−$230K (−41.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $422
−$63 (−14.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1881 Araby DrivePalm Springs1959221,000871$549$549,00018169
1715 El AlamedaPalm Springs1973221,1700$494$578,00022766
1602 Andee DrivePalm Springs1981221,3051,305$268$350,00019264
1655 Palm Canyon DrivePalm Springs1974117550$252$189,99521663
1200 Primer CirclePalm Springs1977221,2520$547$685,00023162
Total: 5 · Average1.81.81,096.41,088$422$470,399209.4
Median1,170$549,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5301 Waverly DrivePalm Springs197910/05/202622887871$310,000$310,000$3491.00278
5265 Waverly DrivePalm Springs197910/05/202622945892$209,000$205,000$2170.9811576
334 Santa Elena RoadPalm Springs197609/25/2026221,088650$385,000$370,000$3400.968270
588 San Lorenzo RoadPalm Springs196609/28/2026221,1500$559,000$559,000$4861.004567
2601 Broadmoor DrivePalm Springs198510/09/2026221,1300$335,000$320,000$2830.9513766
Total: 5 · Average2.02.01,040804.333$352,800$352,800$335—76.2
Median1,088$320,000$320,000

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.