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1950 S Palm Canyon Drive, 134, Palm Springs, CA 92264

$529K3bd · 2ba · 1,472 sqft
Lot 1,306 sqft•HOA $537/mo•Condominium•
Active
•80d on market•MLS# 219150656

Property Description

Set within the enclave of South Palm Springs, this rare top-floor corner condominium at Sandstone presents an exceptional blend of modern sophistication, privacy, and panoramic San Jacinto Mountain views. Designed for seamless desert living, the sunlit open-concept interior transitions effortlessly onto an expansive private balcony, creating an idyllic setting for outdoor relaxation against a dramatic mountain backdrop. Thoughtfully reimagined throughout, the home features a redesigned chef's kitchen complete with contemporary finishes, sleek countertops, and updated stainless steel appliances. The primary suite offers a private sanctuary with an ensuite bath, while a second bedroom functions as a full guest suite with dual-entry access and direct balcony access. Maximizing functional layout, the versatile third bedroom includes a custom Murphy bed, transitioning easily from a high-end home office or creative studio to welcoming guest accommodations. Built for modern comfort, the residence is enhanced by a high-efficiency HVAC system, Milgard dual-paned windows and sliding doors, integrated smart home climate and security features, and a built-in wireless surround sound system for rich, immersive audio throughout. Rare premium highlights include two dedicated parking spaces, Fee Simple land ownership (you own the land), flexible investment potential with 7-day minimum short-term rentals, and turnkey convenience as the home is offered fully furnished per inventory list. Residents of Sandstone enjoy multi-pool and spa retreats, tennis and pickleball courts, outdoor barbecue area, an onsite fitness center, and manicured grounds--all moments from the world-class dining, shopping, and hiking of Palm Springs. HOA dues include water, gas, trash, exterior maintenance, and landscaping.

Features & Amenities

Sandstone VillasFeeBuilt 1972

Property Details

Subdivision
Sandstone Villas
Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
0
Heating
Central, Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Electric
View
Mountain(s)
Flooring
Carpet, Ceramic Tile, Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byPacific Sotheby's Internationa, Matthew E Merrill·619-839-7122

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,674.91
Principal & Interest
Loan Amount
$423,200
Total Interest
$539,768
Total Payment Over 30 Years
$962,968
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Sandstone Villas

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

View Sandstone Villas Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1950 S Palm Canyon Drive, 134, Palm Springs, CA 92264

Sandstone Villas · Palm Springs · Condominium

$529K
Affordable Tier
Beds
3
Baths
2
Sqft
1,472
Lot
1,306 sqft
Year
1972
$/Sqft
$359
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 43.0% above the median closed sale of $370,000. Price per sqft ($359) is a 23% premium to closed comps ($292).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $529K· $359/sqft
Total list price
Closed comps
vs closed median $370K
+$159K (+43.0%)
Active comps
vs active median $539K
−$10K (−1.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $409
−$50 (−12.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1602 Andee DrivePalm Springs1981221,3051,305$268$350,00019174
1747 El AlamedaPalm Springs1973321,4011,742$385$539,00022974
200 Racquet Club RoadPalm Springs1986321,5370$349$537,00020674
1715 El AlamedaPalm Springs1973221,1700$494$578,00022670
1200 Primer CirclePalm Springs1977221,2520$547$685,00023170
Total: 5 · Average2.42.01,3331,523.5$408.6$537,800216.6
Median1,305$539,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5951 Montecito DrivePalm Springs197210/02/2026431,551933$355,000$345,000$2220.973675
2527 Whitewater Club DrivePalm Springs197209/28/2026221,3312,178$315,000$305,000$2290.9712970
588 San Lorenzo RoadPalm Springs196609/28/2026221,1500$559,000$559,000$4861.004570
2671 Whitewater Club DrivePalm Springs198209/29/2026321,6772,178$419,000$399,000$2380.9511570
2098 Normandy CourtPalm Springs198110/02/2026221,3051,742$375,000$370,000$2840.997969
Total: 5 · Average2.62.21,402.81,757.75$395,600$395,600$291.8—80.8
Median1,331$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.