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401 S El Cielo Road, 228, Palm Springs, CA 92262

$275K1bd · 1ba · 868 sqft
Lot 871 sqft•HOA $485/mo•Condominium•
Active
•88d on market•MLS# 219150335

Property Description

An updated, turnkey furnished, second floor condo awaits you in the highly desirable and gated La Palme community in Central Palm Springs. This one bedroom, one bath residence offers 868 sq. ft. of smartly laid-out living space. The efficient kitchen provides plenty of cabinet space, stainless steel appliance, granite countertop, and is conveniently adjacent to the dining area. Easily visible from the kitchen and dining area is the cozy living room with sliding glass doors that open onto the balcony with your mountain views. Additional highlights include ceiling fans, window shutters, indoor laundry with washer and dryer, and, an assigned covered parking space. La Palme offers resort-style amenities including 6 pools and spas, 3 tennis courts, and 2 EV charging stations. HOA dues include roof maintenance, water, trash, Wi-Fi, and basic cable with HBO. Well-located in the heart of Palm Springs, just minutes from the airport, shopping, dining, entertainment, golf, and downtown. A perfect full-time residence, vacation getaway, or investment opportunity with breathtaking mountain views.

Features & Amenities

La PalmeLeaseBuilt 1987

Property Details

Subdivision
La Palme
Land Type
Lease
Year Built
1987
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Carpet, Laminate
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byBennion Deville Homes, Terry Murphy·760-832-3758

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,390.55
Principal & Interest
Loan Amount
$220,000
Total Interest
$280,598
Total Payment Over 30 Years
$500,598
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About La Palme

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

View La Palme Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

401 S El Cielo Road, 228, Palm Springs, CA 92262

La Palme · Palm Springs · Condominium · Lease Land

$275K
Affordable Tier
Beds
1
Baths
1
Sqft
868
Lot
871 sqft
Year
1987
$/Sqft
$317
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 60.8% above the median closed sale of $171,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $275K· $317/sqft
Total list price
Closed comps
vs closed median $171K
+$104K (+60.8%)
Active comps
vs active median $179K
+$96K (+53.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $307
+$10 (+3.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2860 Los Felices RoadPalm Springs198111589624$340$199,9994670
575 Villa CourtPalm Springs198111589589$304$179,0003970
2857 Los FelicesPalm Springs198111589700$314$185,00010670
2820 Arcadia CourtPalm Springs198211589817$287$169,0002070
2800 Los Felices CirclePalm Springs198211589436$288$169,9003870
Total: 5 · Average1.01.0589633.2$306.6$180,579.849.8
Median589$179,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5301 Waverly DrivePalm Springs197910/05/202622887871$310,000$310,000$3491.00274
290 San Jacinto DrivePalm Springs198209/09/2026117921,307$419,000$409,000$5160.985671
550 Villa CourtPalm Springs198109/18/202611589436$160,000$155,000$2630.974370
2800 Los FelicesPalm Springs198209/24/202611589779$176,000$169,500$2880.9610069
685 N Ashurst CtPalm Springs198210/07/202611589774$174,999$171,000$2900.986169
Total: 5 · Average1.21.2689.2833.4$242,900$242,900$341.2—52.4
Median589$171,000$171,000

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.