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261 East La Verne, K, Palm Springs, CA 92264

$337K2bd · 2ba · 1,345 sqft
Lot 1,742 sqft•HOA $721/mo•Condominium•
Active
•92d on market•MLS# SW-26151511

Property Description

Just reduced!!!Welcome to Casa Canyon, an intimate William F. Cody-designed community situated on highly desirable Fee Simple land—YOU OWN THE LAND! NO LAND LEASE! This beautifully updated second-floor condominium enjoys one of the community's most desirable rear locations, offering privacy, tranquil pool views, and spectacular San Jacinto Mountain vistas. Move-in ready and in excellent condition, this spacious residence has been thoughtfully upgraded throughout with luxury vinyl plank flooring, a remodeled kitchen featuring quartz countertops, modern cabinetry, a stylish backsplash, updated bathrooms, and contemporary finishes. The spacious primary suite overlooks the sparkling community pool, creating a peaceful retreat with beautiful mountain views. Casa Canyon offers resort-style amenities including three swimming pools, three spas, a library, meeting room, elevators, and meticulously manicured grounds. Your deeded covered and shaded carport is conveniently located near the building, with the choice of elevator or stair access to your second-floor home. The HOA dues are $721 per month and include gas, water, sewer, trash, exterior building maintenance, roof maintenance, and beautifully maintained common areas, providing exceptional value and low-maintenance living. Ideally located near Indian Canyons Hiking Trails, Indian Canyons Golf Resort, Smoke Tree Village, and just five minutes from vibrant downtown Palm Springs, you'll enjoy easy access to world-class dining, shopping, entertainment, and outdoor recreation. This VA foreclosure presents an outstanding opportunity to own a beautifully updated home in one of South Palm Springs' most sought-after communities. Property is being sold As-Is.

Features & Amenities

Casa CanyonFeeBuilt 1976

Property Details

Subdivision
Casa Canyon
Land Type
Fee
Year Built
1976
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Mountain(s), Pool
Flooring
Laminate
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byDavelly Real Estate & Services, Shawna Vandenburg

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,701.53
Principal & Interest
Loan Amount
$269,200
Total Interest
$343,350
Total Payment Over 30 Years
$612,550
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Casa Canyon

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

View Casa Canyon Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

261 East La Verne, K, Palm Springs, CA 92264

Casa Canyon · Palm Springs · Condominium

$337K
Affordable Tier
Beds
2
Baths
2
Sqft
1,345
Lot
1,742 sqft
Year
1976
$/Sqft
$250
Pool: Yes✓
View: mountain✓

Listed 9.1% below the median closed sale of $370,000. Price per sqft ($250) is a 31% discount to closed comps ($364).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $337K· $250/sqft
Total list price
Closed comps
vs closed median $370K
−$34K (−9.1%)
Active comps
vs active median $388K
−$51K (−13.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $341
−$91 (−26.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5798 Los Coyotes DrivePalm Springs1976221,0661,243$310$330,0002276
2400 Los Coyotes DrivePalm Springs1977221,0920$355$387,50010076
357 Mariscal RoadPalm Springs1980221,0880$298$324,0004076
5803 Los Santos DrivePalm Springs1974221,0663,049$389$414,99910675
2260 Indian Canyon DrivePalm Springs1972321,1161,484$354$395,000974
Total: 5 · Average2.22.01,085.61,925.333$341.2$370,299.855.4
Median1,088$387,500

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4760 Winners CirclePalm Springs198009/22/2026221,2861,910$695,000$695,000$5401.004880
2098 Normandy CourtPalm Springs198110/02/2026221,3051,742$375,000$370,000$2840.997979
2527 Whitewater Club DrivePalm Springs197209/28/2026221,3312,178$315,000$305,000$2290.9712978
2601 Broadmoor DrivePalm Springs198510/09/2026221,1300$335,000$320,000$2830.9513776
588 San Lorenzo RoadPalm Springs196609/28/2026221,1500$559,000$559,000$4861.004576
Total: 5 · Average2.02.01,240.41,943.333$449,800$449,800$364.4—87.6
Median1,286$370,000$370,000

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.