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1351 E Luna Way, Palm Springs, CA 92262

$549K3bd · 2ba · 1,324 sqft
Lot 6,534 sqft•Single Family Residence•
Active
•51d on market•MLS# 219151730

Property Description

This charming Desert Dorado home, designed by iconic architect Hugh Kaptur, offers distinctive architectural character, inviting curb appeal, mountain views, and an exciting opportunity for its next chapter. Set on a quiet cul-de-sac, the home features 3 bedrooms, 2 bathrooms, and approximately 1,324 square feet of living space, complemented by an expansive, low-maintenance desert-landscaped front yard and attached one-car garage. Inside, vaulted ceilings and an open-concept living and dining area create an airy, light-filled setting with easy access to the outdoors. The kitchen and bathrooms have been updated, while the home's existing character provides an excellent foundation for a buyer looking to personalize and enhance the property. Both the living room and primary bedroom offer direct sliding-door access to the backyard, where the southwest orientation frames Mt. San Jacinto and takes advantage of the desert's coveted winter sunshine. A private swimming pool and elevated spa complete the inviting outdoor setting. With an updated pool and spa, manageable grounds, a prime location, a recently extended 51-year land lease, and several improvements already in place, much of the groundwork has been done. Bring your vision and transform this appealing home into your own Palm Springs retreat. Whether envisioned as a full-time residence, weekend getaway, or investment opportunity, the home offers an appealing combination of architectural character, location, and potential at an approachable price point. Conveniently located less than 10 minutes from Downtown Palm Springs shopping, dining, entertainment, and nightlife, with Albertsons, Starbucks, multiple fitness centers, parks, and everyday shopping just minutes away. An appealing opportunity to bring your vision to life and create a Palm Springs home that reflects your own style and way of living.

Features & Amenities

Property Details

Subdivision
Victoria Park/Vista Norte
Land Type
Lease
Year Built
1982
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Mountain(s), Panoramic, Pool
Flooring
Carpet, Ceramic Tile
Roof
Clay Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byEquity Union, Marco Colantonio·760-537-8420

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,776.04
Principal & Interest
Loan Amount
$439,200
Total Interest
$560,175
Total Payment Over 30 Years
$999,375
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Victoria Park/Vista Norte

This property is located in Victoria Park/Vista Norte, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Victoria Park/Vista Norte Listings

Comparative Market Analysis

Affordable Tier · 5 active · 3 closed

1351 E Luna Way, Palm Springs, CA 92262

Victoria Park/Vista Norte · Palm Springs · Single Family Residence · Lease Land

$549K
Affordable Tier
Beds
3
Baths
2
Sqft
1,324
Lot
6,534 sqft
Year
1982
$/Sqft
$415
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 1-car✓

Listed 9.3% below the median closed sale of $605,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $549K· $415/sqft
Total list price
Closed comps
vs closed median $605K
−$56K (−9.3%)
Active comps
vs active median $999K
−$450K (−45.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $762
−$347 (−45.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1373 Madero CirclePalm Springs1974321,3929,583$718$999,0003483
772 El ConquistadorPalm Springs1980321,47411,761$847$1.25M1681
2200 Carillo RoadPalm Springs1966321,31212,196$655$860,000980
2695 Mccarn RoadPalm Springs1960321,22510,454$734$899,0006678
1318 Via EscuelaPalm Springs1974431,56413,068$854$1.33M13669
Total: 5 · Average3.22.21,393.411,412.4$761.6$1.07M52.2
Median1,392$999,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1374 Madero CirclePalm Springs197307/27/2026321,39211,761$649,900$605,000$4350.9313281
1305 Rosarito WayPalm Springs197905/11/2026321,40710,890$550,000$520,000$3700.942480
2260 Aurora DrivePalm Springs196609/17/2026321,78810,454$995,000$985,000$5510.994672
Total: 3 · Average3.02.01,52911,035$703,333.333$703,333.333$452—67.33333333333333
Median1,407$605,000$605,000

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.