706 Obsidian Loop E, Palm Springs, CA 92264
706 Obsidian Loop E, Palm Springs, CA 92264
Property Description
NEW BUILD LUXURY TOWNHOME with Palm Springs mere minutes from your front door! A bike ride, a stroll, or a moment's drive down Palm Canyon Drive and you are there! MOVE-IN READY with special Seller arranged financing available. FEE SIMPLE OWNERSHIP (not on leased land) and all the modern conveniences of new home construction, including an owned Solar system. Located in the new home community of Elan, visually framed by the breathtaking San Jacinto Mountains, this 2 Bedroom, 2.5 Baths and 2 car garage townhome boasts many interior upgrades, including a Modern Stair Rail, upgraded tile flooring on the first floor, large quartz waterfall edged kitchen island including bar seating. Thermofoil cabinets with soft maple interiors and Custom finish throughout home, includes soft close drawers and cabinets, full custom backsplash in kitchen, Stainless steel Bosch appliance package with free standing gas range with 6 burners, pyramid wall canopy hood, built -in Bosch microwave, dishwasher and single basin stainless-steel sink. Prewired for Whole house WI-FI with 2 access points, recessed lighting upgrades in all living areas, upstairs Laundry Room. Voluminous 9' and 10' ceilings, superb quality Milgard windows, fully insulated 2-car garage with steel roll up garage door, WI-FI garage door opener, including camera and Amazon MyQ/key. Ring doorbell included, pre-wired for ceiling fans in all living areas, pre-wired for a pair of speakers in the Great Room and upper deck. Private patio at first level and balcony off of all upstairs bedrooms. Pictures are of the model home for this floor plan and not the home offered for sale. Community amenities include a resort style community pool, dog park and bocce ball court.
Features & Amenities
Property Details
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About Elan
This property is located in Elan, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Elan ListingsComparative Market Analysis
Residential Tier · 1 active · 4 closed
Elan · Palm Springs · Townhouse
Listed 5.3% below the median closed sale of $919,950. Price per sqft ($428) is a 12% discount to closed comps ($486).
Price Position
Priced below the market — value advantage over the field.
Active Properties (1)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 730 Obsidian Loop | Palm Springs | 2026 | 3 | 4 | 1,750 | 5,663 | $481 | $840,995 | 161 | 69 |
| Total: 1 · Average | 3.0 | 4.0 | 1,750 | 5,663 | $481 | $840,995 | 161 | |||
| Median | 1,750 | $840,995 | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 704 Obsidian Loop | Palm Springs | 2026 | 06/12/2026 | 3 | 3 | 2,280 | 5,663 | $840,005 | $840,005 | $368 | 1.00 | 40 | 73 |
| 798 Obsidian Loop | Palm Springs | 2023 | 09/21/2026 | 3 | 4 | 1,750 | 5,663 | $945,900 | $864,900 | $494 | 0.91 | 141 | 70 |
| 274 Mayfair Way | Palm Springs | 2021 | 05/07/2026 | 2 | 3 | 2,237 | 0 | $997,000 | $975,000 | $436 | 0.98 | 114 | 63 |
| 310 Villaggio | Palm Springs | 2005 | 07/15/2026 | 2 | 3 | 1,813 | 0 | $1.18M | $1.18M | $648 | 1.00 | 85 | 54 |
| Total: 4 · Average | 2.5 | 3.3 | 2,020 | 5,663 | $963,726.25 | $963,726.25 | $486.5 | — | 95 | ||||
| Median | 2,237 | $975,000 | $975,000 | ||||||||||
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.