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2321 S Madrona Drive, Palm Springs, CA 92264

$1.40M3bd · 3ba · 2,552 sqft
Lot 4,635 sqft•HOA $951/mo•Condominium•
Active
•33d on market•MLS# 219152436

Property Description

Would your desert getaway have sweeping views across a golf course to magnificent Mt San Jacinto? Would you listen to a fountain from a nearby pond, as you relaxed on your expansive leisure terrace? Then your country club lifestyle awaits! Designed by renowned architect Charles Du Bois, this exceptional 2600sq ft, 3-bedroom, 2.5-bath home has been fully renovated, while preserving its iconic mid-century character. Signature tented ceilings and clerestory windows fill the interiors with natural light. Newer dual-paned windows and sliders feature subtle shatter-resistant film with 97% UV protection, complemented by exterior shades. A newer HVAC system with surge protection, whole-home water filtration, tankless water heater, recoated foam roof, and 6 owned + 18 leased solar panels provide modern comfort and efficiency. The beautifully appointed kitchen features full-height contemporary cabinetry, quartzite counters, a handcrafted tile backsplash, discreet under-cabinet outlets, a gas range, dual ovens and a new French-door refrigerator. An opened-up bar area creates an effortless entertaining flow. The redesigned floor plan offers two primary suites. The main retreat pairs breathtaking views with a generous walk-in closet. Its expansive bath features a separate soaking tub and custom quartzite vanity. Both full baths offer walk-in showers plus there's a stylish skylit powder room for guests. The third bedroom is used as a comfortable den, with a warm wood accent wall and an atrium view of a commissioned sculpture. Outside, the huge terrace with its modernist breezeblock wall creates a glamorous setting for dining, entertaining or simply savoring the desert landscape. An attached 2-car garage + Fee Land completes this perfect picture. Just steps away are 15 sparkling pools and spas, golf, the signature Canyon Estates clubhouse with game room and library, social events, and a fitness center with separate cardio and weight rooms. Welcome home!

Features & Amenities

Canyon EstatesFeeBuilt 1972

Property Details

Subdivision
Canyon Estates
Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Golf Course, Mountain(s), Pond
Flooring
Carpet, Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byEquity Union, Richie Usher·619-782-4518

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,053.88
Principal & Interest
Loan Amount
$1,116,000
Total Interest
$1,423,396
Total Payment Over 30 Years
$2,539,396
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Canyon Estates

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

View Canyon Estates Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

2321 S Madrona Drive, Palm Springs, CA 92264

Canyon Estates · Palm Springs · Condominium

$1.40M
Residential Tier
Beds
3
Baths
3
Sqft
2,552
Lot
4,635 sqft
Year
1972
$/Sqft
$547
Pool: No✓
Spa: No✓
View: golf✓
Garage: 2-car✓

Listed 91.1% above the median closed sale of $730,000. Price per sqft ($547) is a 63% premium to closed comps ($335). Closed comps sold at 90% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.40M· $547/sqft
Total list price
Closed comps
vs closed median $730K
+$665K (+91.1%)
Active comps
vs active median $1.29M
+$100K (+7.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $473
+$74 (+15.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2320 Paseo Del ReyPalm Springs1971332,5934,792$472$1.23M3899
2324 Camino VidaPalm Springs1971332,5934,356$519$1.34M1689
2493 Madrona DrivePalm Springs1971332,5935,227$499$1.29M3288
2426 Madrona DrivePalm Springs1971332,5930$530$1.38M9788
1585 Sierra WayPalm Springs1973332,6003,485$346$899,0001787
Total: 5 · Average3.03.02,594.44,465$473.2$1.23M40
Median2,593$1.29M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2489 Playa CirclePalm Springs197106/17/2026332,5934,356$1.32M$1.27M$4920.964489
517 Desert Lakes DrivePalm Springs197206/16/2026332,5523,049$675,000$625,000$2450.934578
93 Westlake CirclePalm Springs196707/15/2026332,2163,049$799,000$730,000$3290.918073
209 Desert Lakes DrivePalm Springs196708/14/2026222,6213,049$788,800$600,000$2290.7616170
337 Westlake TerracePalm Springs197008/28/2026222,8833,049$1.15M$1.10M$3820.967769
Total: 5 · Average2.62.62,5733,310.4$866,000$866,000$335.4—81.4
Median2,593$730,000$730,000

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.