185 Pena Lane, Palm Springs, CA 92262
185 Pena Lane, Palm Springs, CA 92262
Property Description
TWELVE AT OLD LAS PALMAS...a brand new community of just twelve upscale residences in the highly sought after neighborhood of Old Las Palmas. This home is the last to be offered in Phase 1 of this private neighborhood, and it was just completed and furnished, so it is ready for move-in! (furnishing negotiable) The luxurious finishes combined with the exceptional location make this home a wonderful opportunity to enjoy the tranquility for which the area is renowned. This detached condominium with its own attached 2-car garage, private interior elevator and private gated yard is perfect for the lock and leave lifestyle with easy maintenance and all of the upscale amenities including a private cocktail pool, and large rooftop entertainment deck with spectacular views of the southern treetops and surrounding mountains. And a private elevator to take you from top to bottom. This model home can be purchased fully furnished (not included in list price) or as is. Seller is also willing to consider doing a 6-12 month model leaseback (call agent listing agent, Antun Barbato, for details). The Second Phase is just getting started, and is priced substantially higher, so it is a perfect time to take advantage of this last Phase 1 opportunity. www.12atlaspalmas.com
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About Old Las Palmas
This property is located in Old Las Palmas, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Old Las Palmas ListingsComparative Market Analysis
Luxury Tier · 5 active · 5 closed
Old Las Palmas · Palm Springs · Condominium
Listed 146.9% above the median closed sale of $808,000. Price per sqft ($889) is a 130% premium to closed comps ($386). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1742 Camino Parocela | Palm Springs | 1973 | 3 | 3 | 1,690 | 1,288 | $352 | $595,000 | 29 | 57 |
| 490 Via Ensenada Circle | Palm Springs | 1975 | 3 | 2 | 1,799 | 3,298 | $500 | $899,900 | 1 | 57 |
| 439 Desert Lakes Drive Drive | Palm Springs | 1972 | 2 | 2 | 1,778 | 0 | $281 | $499,000 | 16 | 56 |
| 1150 Palm Canyon Drive | Palm Springs | 1980 | 3 | 2 | 1,659 | 1,340 | $301 | $499,900 | 24 | 55 |
| 3600 Bogert Trail | Palm Springs | 1979 | 2 | 2 | 1,771 | 0 | $409 | $725,000 | 40 | 55 |
| Total: 5 · Average | 2.6 | 2.2 | 1,739.4 | 1,975.333 | $368.6 | $643,760 | 22 | |||
| Median | 1,771 | $595,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 254 Mayfair Way | Palm Springs | 2021 | 09/03/2026 | 2 | 3 | 2,237 | 0 | $1.09M | $1.08M | $485 | 0.99 | 55 | 64 |
| 253 Calle La Soledad | Palm Springs | 2006 | 09/10/2026 | 3 | 3 | 2,328 | 2,178 | $1.50M | $1.43M | $614 | 0.96 | 75 | 64 |
| 946 Oceo Circle | Palm Springs | 2012 | 08/24/2026 | 2 | 3 | 2,066 | 1,136 | $817,000 | $808,000 | $391 | 0.99 | 15 | 62 |
| 459 Desert Lakes Drive | Palm Springs | 1972 | 08/17/2026 | 3 | 3 | 2,452 | 0 | $399,900 | $368,000 | $150 | 0.92 | 186 | 62 |
| 2910 Cervantes Court | Palm Springs | 1980 | 10/01/2026 | 2 | 3 | 2,120 | 2,178 | $625,000 | $615,000 | $290 | 0.98 | 54 | 62 |
| Total: 5 · Average | 2.4 | 3.0 | 2,240.6 | 1,830.667 | $861,200 | $861,200 | $386 | — | 77 | ||||
| Median | 2,237 | $808,000 | $808,000 | ||||||||||
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.