291 E Mel Avenue E, 200, Palm Springs, CA 92262
291 E Mel Avenue E, 200, Palm Springs, CA 92262
Property Description
OWNER MAY CONSIDER OWNER FINANCING AT 6.25% FOR A QUALIFIED BUYER. Loading groceries up & down stairs is never fun. You won't have to worry about that, or long walks loading & unloading groceries to & from this DOWNSTAIRS END UNIT! Since it's an end unit, it has more windows + one unattached side. (Yep, we'll be opening those windows soon too- most of the windows are new too!) And this condo is right near the pedestrian gate and secured parking. Inside there's 2 bedrooms w/ample mirrored closets, 2 baths-one w/walk-in shower, stackable washer& dryer, dishwasher, refrigerator, recessed lights, ceiling fans, breakfast bar, linen closet, quartz countertops. NO CARPET- all one flooring type: wood-like tile. 2 tiled patios- a front shaded patio w/storage + back patio to enjoy snow-laced mountain views in winter from the bedrooms. The location can't be beat. Besides being near the pedestrian gate, Rancho El Mirador itself is right next to Desert Regional Hospital (great for nurses or physicians, traveling nurses, etc..)and it's close to famous downtown Palm Springs with all its shopping, dining and activities. The beautifully maintained & lush community has a large, centered, welcoming pool & spa + tennis/ pickleball court & community mailbox. Water & trash are included in HOA. Celebrities + the rich & famous have enjoyed Palm Springs or years..now it's YOUR turn. Enjoy resort-style living, right here in Rancho El Mirador, at a super affordable price. YOU OWN THE LAND! OWNER FINANCING MAY BE AVAILABLE.
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About Rancho El Mirador
This property is located in Rancho El Mirador, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Rancho El Mirador ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Rancho El Mirador · Palm Springs · Condominium
Listed 17.1% above the median closed sale of $299,000. Price per sqft ($388) is a 38% premium to closed comps ($281).
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 5300 Waverly Drive | Palm Springs | 1978 | 1 | 1 | 705 | 871 | $411 | $290,000 | 48 | 67 |
| 2700 Lawrence Crossley Road | Palm Springs | 1986 | 1 | 1 | 728 | 871 | $316 | $230,000 | 45 | 67 |
| 1725 Via Miraleste | Palm Springs | 1980 | 1 | 1 | 651 | 777 | $422 | $275,000 | 32 | 66 |
| 2053 Via Miraleste | Palm Springs | 1980 | 1 | 1 | 651 | 651 | $330 | $215,000 | 46 | 65 |
| 155 Hermosa Place | Palm Springs | 2003 | 1 | 1 | 663 | 871 | $677 | $449,000 | 10 | 65 |
| Total: 5 · Average | 1.0 | 1.0 | 679.6 | 808.2 | $431.2 | $291,800 | 36.2 | |||
| Median | 663 | $275,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5301 Waverly Drive | Palm Springs | 1979 | 10/05/2026 | 2 | 2 | 887 | 871 | $310,000 | $310,000 | $349 | 1.00 | 2 | 83 |
| 5265 Waverly Drive | Palm Springs | 1979 | 10/05/2026 | 2 | 2 | 945 | 892 | $209,000 | $205,000 | $217 | 0.98 | 115 | 79 |
| 5301 Waverly Drive | Palm Springs | 1979 | 09/02/2026 | 2 | 2 | 887 | 0 | $259,000 | $255,000 | $287 | 0.98 | 52 | 77 |
| 2601 Broadmoor Drive | Palm Springs | 1985 | 10/09/2026 | 2 | 2 | 1,130 | 0 | $335,000 | $320,000 | $283 | 0.95 | 137 | 75 |
| 339 Mariscal Road | Palm Springs | 1980 | 09/09/2026 | 3 | 2 | 1,116 | 1,306 | $319,000 | $299,000 | $268 | 0.94 | 33 | 72 |
| Total: 5 · Average | 2.2 | 2.0 | 993 | 1,023 | $277,800 | $277,800 | $280.8 | — | 67.8 | ||||
| Median | 945 | $299,000 | $299,000 | ||||||||||
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.