Largest private patio with spa
1 / 52

426 North Hermosa Drive, Palm Springs, CA 92262

$889K3bd · 4ba · 2,299 sqft
Lot 0 sqft•HOA $800/mo•Condominium•
Active
•17d on market•MLS# 00-26992529

Property Description

Discover a distinctive Palm Springs retreat in the sought-after Greenhouse East community, where spacious living, exceptional outdoor spaces and stunning mountain views come together. This unique residence offers 2,299 square feet with a 2-bedroom, 3-bath main residence plus a beautifully remodeled and updated 1-bedroom, 1-bath private casita, along with an attached private two-car garage on fee land -meaning you own the land. The main residence is ready for updating, offering a rare blank canvas to create the Palm Springs home you've envisioned, while the completely remodeled casita is a beautiful, turnkey space for guests, extended stays or a private retreat. Outside, enjoy a large private patio with spa and dramatic mountain views, along with a private rooftop deck offering another spectacular vantage point. Beyond your own outdoor spaces, Greenhouse East features beautifully landscaped grounds, sweeping mountain views, a sparkling community pool and tennis court, creating a true resort-like setting. Gated and ideally located just minutes from downtown Palm Springs, this is a rare opportunity to bring your vision to life while enjoying an exceptional Palm Springs lifestyle.

Features & Amenities

Greenhouse EastFeeBuilt 1979

Property Details

Subdivision
Greenhouse East
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Courtyard, Mountain(s), Pool
Flooring
Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byEquity Union, Julian Heaney

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,495.27
Principal & Interest
Loan Amount
$711,200
Total Interest
$907,096
Total Payment Over 30 Years
$1,618,296
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Greenhouse East

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

View Greenhouse East Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

426 North Hermosa Drive, Palm Springs, CA 92262

Greenhouse East · Palm Springs · Condominium

$889K
Residential Tier
Beds
3
Baths
4
Sqft
2,299
Lot
0 sqft
Year
1979
$/Sqft
$387
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 10.2% below the median closed sale of $990,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $889K· $387/sqft
Total list price
Closed comps
vs closed median $990K
−$101K (−10.2%)
Active comps
vs active median $1000K
−$111K (−11.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $546
−$159 (−29.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
318 VillaggioPalm Springs2005342,1433,471$677$1.45M2767
100 Stevens RoadPalm Springs2003231,9561,337$253$495,0001066
185 Pena LanePalm Springs2026342,2450$889$2.00M16066
294 Mayfair WayPalm Springs2021232,2370$447$999,9507765
2720 Dancing Sands DrivePalm Springs2021331,9400$463$899,0004665
Total: 5 · Average2.63.42,104.22,404$545.8$1.17M64
Median2,143$999,950

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
459 Desert Lakes DrivePalm Springs197208/17/2026332,4520$399,900$368,000$1500.9218669
2910 Cervantes CourtPalm Springs198010/01/2026232,1202,178$625,000$615,000$2900.985467
254 Mayfair WayPalm Springs202109/03/2026232,2370$1.09M$1.08M$4850.995566
253 Calle La SoledadPalm Springs200609/10/2026332,3282,178$1.50M$1.43M$6140.967566
942 Alejo VistaPalm Springs200406/15/2026232,2581,368$999,000$990,000$4380.997366
Total: 5 · Average2.43.02,2791,908$897,600$897,600$395.4—88.6
Median2,258$990,000$990,000

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.