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1050 East Ramon Road, 15, Palm Springs, CA 92264

$264K2bd · 2ba · 1,152 sqft
Lot 0 sqft•HOA $542.47/mo•Condominium•
Active
•64d on market•MLS# PS-26870231

Property Description

Welcome to this 2-bedroom, 2-bath condo in the gated Ramon Estados community, located in central Palm Springs. Featuring dual primary suites, each with its own en-suite bath and walk-in closet, this flexible floor plan is perfect for full-time living, a vacation getaway, or rental potential. The open-concept living area offers vaulted ceilings and abundant natural light, flowing seamlessly to a large private patio ideal for relaxing or entertaining. The unit is offered mostly furnished, providing a move-in-ready opportunity. Ramon Estados offers resort-style amenities including multiple pools and spas, tennis and pickleball courts, fitness center, clubhouse, and beautifully maintained grounds. Centrally located just minutes from downtown shopping, dining, and entertainment. This is a land lease property (through 2076) with HOA dues covering many amenities and services. A great opportunity to own an affordable desert retreat with strong upside potential.

Features & Amenities

Ramon EstadosLeaseBuilt 1979

Property Details

Subdivision
Ramon Estados
Land Type
Lease
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Mountain(s), Pool, Water, See Remarks
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byUnknown Office, Douglas Dangerfield

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,334.93
Principal & Interest
Loan Amount
$211,200
Total Interest
$269,374
Total Payment Over 30 Years
$480,574
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Ramon Estados

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

View Ramon Estados Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1050 East Ramon Road, 15, Palm Springs, CA 92264

Ramon Estados · Palm Springs · Condominium · Lease Land

$264K
Affordable Tier
Beds
2
Baths
2
Sqft
1,152
Lot
0 sqft
Year
1979
$/Sqft
$229
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 28.6% below the median closed sale of $370,000. Price per sqft ($229) is a 37% discount to closed comps ($361).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $264K· $229/sqft
Total list price
Closed comps
vs closed median $370K
−$106K (−28.6%)
Active comps
vs active median $285K
−$21K (−7.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $321
−$92 (−28.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
454 Bradshaw LanePalm Springs198322960941$297$285,000176
5301 WaverlyPalm Springs197923979946$275$269,000274
291 Mel AvenuePalm Springs1983229021,251$388$350,0004574
291 MelPalm Springs1983229021,131$349$315,0005474
5115 Waverly DrivePalm Springs197822932930$298$277,500673
Total: 5 · Average2.02.29351,039.8$321.4$299,30021.6
Median932$285,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
815 Arenas RoadPalm Springs197909/01/2026221,1760$425,000$407,500$3470.9613379
2601 Broadmoor DrivePalm Springs198510/09/2026221,1300$335,000$320,000$2830.9513778
588 San Lorenzo RoadPalm Springs196609/28/2026221,1500$559,000$559,000$4861.004576
5301 Waverly DrivePalm Springs197910/05/202622887871$310,000$310,000$3491.00276
334 Santa Elena RoadPalm Springs197609/25/2026221,088650$385,000$370,000$3400.968275
Total: 5 · Average2.02.01,086.2760.5$393,300$393,300$361—79.8
Median1,130$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.