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15840 Clearwater, Palm Springs, CA 92262

$400K4bd · 2ba · 1,752 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•127d on market•MLS# IV-26123646

Property Description

Great North Palm Springs home is now available. First-time home buyer or a seasoned investor looking for a property with superb AirBnB history, this home is a great buy! Located in San Jacinto Cove neighborhood of Palm Springs, just minutes away to shops and restaurants, this home has both the ultimate privacy and beautiful mountain views. Clearwater Way is the last street in the neighborhood, across from open fields and mountain hiking. The views from this home are spectacular at night if peace and tranquility is your desire, this is truly the home for you. This fully updated and spacious custom home has 4 bedrooms and 2.5 baths, has been well-maintained, and is ready to move in, with tons of great features including: ceiling fans, large laundry room,extra large primary suite with walk-in closet, energy efficient dual pane windows and sliders, a powerful 5-ton A/C, tile flooring throughout, and an extra large 2-car garage and room for more parking in the driveway. The rear yard is fully private with a block wall fence, updated landscape, perfect for relaxation and extremely low maintenance.

Features & Amenities

FeeBuilt 2006

Property Details

Land Type
Fee
Year Built
2006
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Tile
Roof
Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byREAL ESTATE MAVENS, JAMES VEGA

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,022.11
Principal & Interest
Loan Amount
$319,920
Total Interest
$408,040
Total Payment Over 30 Years
$727,960
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

15840 Clearwater, Palm Springs, CA 92262

Palm Springs · Single Family Residence

$400K
Affordable Tier
Beds
4
Baths
2
Sqft
1,752
Lot
6,970 sqft
Year
2006
$/Sqft
$228
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 38.9% below the median closed sale of $655,000. Price per sqft ($228) is a 42% discount to closed comps ($396). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $400K· $228/sqft
Total list price
Closed comps
vs closed median $655K
−$255K (−38.9%)
Active comps
vs active median $785K
−$385K (−49.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $578
−$350 (−60.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1479 Francis StreetPalm Springs1992321,4757,405$508$749,0003883
965 Nueva Vista DrivePalm Springs1977421,4577,405$521$759,0001282
377 Cabrillo RoadPalm Springs1979321,4807,841$530$785,0003281
125 San Marco WayPalm Springs2021331,4907,405$732$1.09M179
2875 Wyman DrivePalm Springs1959321,50010,019$599$899,0001978
Total: 5 · Average3.22.21,480.48,015$578$856,40020.4
Median1,480$785,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3856 Mira ArenaPalm Springs200609/18/2026321,6305,662$574,000$574,000$3521.004492
15781 Coral StreetPalm Springs200509/09/2026321,4586,970$355,500$295,000$2020.836790
1598 Amelia WayPalm Springs200109/09/2026321,4928,276$719,000$680,000$4560.956088
2127 Cardillo AvenuePalm Springs195809/08/2026421,9899,583$700,000$655,000$3290.945483
3420 Camino RojosPalm Springs196110/01/2026321,80910,019$1.16M$1.16M$6411.0014082
Total: 5 · Average3.22.01,675.68,102$672,800$672,800$396—73
Median1,630$655,000$655,000

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.