222 North Calle El Segundo, 557, Palm Springs, CA 92262
222 North Calle El Segundo, 557, Palm Springs, CA 92262
Property Description
Experience your own desert retreat at Plaza Villas, one of downtown Palm Springs most sought after gated communities. Ideally situated between the Agua Caliente Casino and the Palm Springs Convention Center. This exceptional location offers the perfect combination of resort style living, convenience and investment potential. With a 7+ day minimum for short-term rentals. This property presents an outstanding opportunity as a vacation home, full-time residence or income producing investment. It's also an ideal option for snowbirds enjoying the beautiful winter season in Palm Springs while generating rental income during the months you're away. This beautifully updated 2 bedroom, 2 bathroom condo features a spacious open concept floor plan with an inviting living and dining area, a remodeled kitchen, full-size indoor laundry and two private balconies. Enjoy your morning coffee or evening sunsets from the balcony off the living room while the second balcony is shared by both bedrooms, creating a peaceful outdoor retreat with beautiful mountain views. Surrounded by lush landscaping and fragrant citrus trees. Plaza Villas offers an impressive collection of amenities including two sparkling pools, relaxing spas, tennis courts and secure gated access. HOA dues include water, trash, cable, internet and beautifully maintained grounds allowing for truly carefree ownership. Assigned covered parking and ample guest parking complete the package. Step outside and enjoy everything that makes Palm Springs a world renowned destination. You're just minutes from championship golf courses, award winning restaurants, luxury shopping, exciting casinos, live entertainment and some of Southern California's best nightlife. Whether you're spending the day on the golf course, exploring downtown or relaxing poolside with mountain views this home places the very best of the desert right at your doorstep. Don't miss this rare opportunity to own your own slice of paradise in the heart of downtown Palm Springs where resort style living and exceptional investment potential come together.
Features & Amenities
Property Details
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About Plaza Villas
This property is located in Plaza Villas, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Plaza Villas ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Plaza Villas · Palm Springs · Condominium · Lease Land
Listed 15.3% above the median closed sale of $320,000. Price per sqft ($324) is a 19% premium to closed comps ($273). Expect a longer timeline — comps averaged 162 days on market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 454 Bradshaw Lane | Palm Springs | 1983 | 2 | 2 | 960 | 941 | $297 | $285,000 | 1 | 75 |
| 291 Mel Avenue | Palm Springs | 1983 | 2 | 2 | 902 | 1,251 | $388 | $350,000 | 45 | 72 |
| 291 Mel | Palm Springs | 1983 | 2 | 2 | 902 | 1,131 | $349 | $315,000 | 53 | 72 |
| 5115 Waverly Drive | Palm Springs | 1978 | 2 | 2 | 932 | 930 | $298 | $277,500 | 5 | 72 |
| 5301 Waverly Drive | Palm Springs | 1979 | 1 | 2 | 887 | 0 | $224 | $199,000 | 9 | 68 |
| Total: 5 · Average | 1.8 | 2.0 | 916.6 | 1,063.25 | $311.2 | $285,300 | 22.6 | |||
| Median | 902 | $285,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2601 Broadmoor Drive | Palm Springs | 1985 | 10/09/2026 | 2 | 2 | 1,130 | 0 | $335,000 | $320,000 | $283 | 0.95 | 137 | 76 |
| 2098 Normandy Court | Palm Springs | 1981 | 10/02/2026 | 2 | 2 | 1,305 | 1,742 | $375,000 | $370,000 | $284 | 0.99 | 79 | 75 |
| 334 Santa Elena Road | Palm Springs | 1976 | 09/25/2026 | 2 | 2 | 1,088 | 650 | $385,000 | $370,000 | $340 | 0.96 | 82 | 74 |
| 5265 Waverly Drive | Palm Springs | 1979 | 10/05/2026 | 2 | 2 | 945 | 892 | $209,000 | $205,000 | $217 | 0.98 | 115 | 73 |
| 1555 Chaparral Road | Palm Springs | 1997 | 09/04/2026 | 2 | 2 | 1,250 | 770 | $345,000 | $300,000 | $240 | 0.87 | 399 | 72 |
| Total: 5 · Average | 2.0 | 2.0 | 1,143.6 | 1,013.5 | $313,000 | $313,000 | $272.8 | — | 162.4 | ||||
| Median | 1,130 | $320,000 | $320,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.