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222 N Calle El Segundo, 561, Palm Springs, CA 92262

$340K2bd · 2ba · 1,147 sqft
Lot 1,147 sqft•HOA $590/mo•Condominium•
Active
•57d on market•MLS# 219149508

Property Description

Experience luxury living in this stunning 2-bedroom, 2-bathroom condominium located in the desirable Plaza Villas Community of Palm Springs. This ground-floor unit features tile flooring throughout, a private patio off the living room, and a second patio off one of the bedrooms. Enjoy the convenience of an assigned carport parking space. The kitchen is well-appointed with tile countertops and ample cabinet storage. The spacious bedrooms are filled with natural light, creating a bright and inviting atmosphere. The complex offers exceptional amenities, including a large pool with plenty of lounge areas, spas, and a tennis court. This unit is also eligible for short-term rentals, including 7-day rentals, making it a fantastic investment opportunity. Situated less than a mile from downtown Palm Springs, you'll be just minutes away from Agua Caliente Casino, The Tropicale, and the Convention Center. Don't miss your chance to own this incredible property in a prime location!

Features & Amenities

Plaza VillasLeaseBuilt 1983

Property Details

Subdivision
Plaza Villas
Land Type
Lease
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Forced Air
Cooling
Air Conditioning, Central Air
Flooring
Laminate
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byRedfin Corporation, Allison Lintell·760-861-2554

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,719.23
Principal & Interest
Loan Amount
$272,000
Total Interest
$346,921
Total Payment Over 30 Years
$618,921
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Plaza Villas

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

View Plaza Villas Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

222 N Calle El Segundo, 561, Palm Springs, CA 92262

Plaza Villas · Palm Springs · Condominium · Lease Land

$340K
Affordable Tier
Beds
2
Baths
2
Sqft
1,147
Lot
1,147 sqft
Year
1983
$/Sqft
$296
Pool: Yes✓
Spa: Yes✓

Listed 9.7% above the median closed sale of $310,000. Expect a longer timeline — comps averaged 147 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $340K· $296/sqft
Total list price
Closed comps
vs closed median $310K
+$30K (+9.7%)
Active comps
vs active median $285K
+$55K (+19.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $311
−$15 (−4.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
454 Bradshaw LanePalm Springs198322960941$297$285,000177
291 MelPalm Springs1983229021,131$349$315,0005476
291 Mel AvenuePalm Springs1983229021,251$388$350,0004575
5115 Waverly DrivePalm Springs197822932930$298$277,500675
5301 Waverly DrivePalm Springs1979128870$224$199,0001070
Total: 5 · Average1.82.0916.61,063.25$311.2$285,30023.2
Median902$285,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2601 Broadmoor DrivePalm Springs198510/09/2026221,1300$335,000$320,000$2830.9513778
5265 Waverly DrivePalm Springs197910/05/202622945892$209,000$205,000$2170.9811575
334 Santa Elena RoadPalm Springs197609/25/2026221,088650$385,000$370,000$3400.968275
5301 Waverly DrivePalm Springs197910/05/202622887871$310,000$310,000$3491.00274
1555 Chaparral RoadPalm Springs199709/04/2026221,250770$345,000$300,000$2400.8739973
Total: 5 · Average2.02.01,060795.75$301,000$301,000$285.8—147
Median1,088$310,000$310,000

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.