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277 East Alejo Road, 225, Palm Springs, CA 92262

$200K0bd · 1ba · 546 sqft
Lot 0 sqft•HOA $578.25/mo•Condominium•
Active
•115d on market•MLS# PS-26846041

Property Description

Iconic Mid-Century Studio in Downtown Palm Springs! Fully furnished, quiet corner unit in the historic, Robert Meyers & Victor Koozin-designed Villa Alejo (1966). Perfect as a primary residence, lucrative seasonal rental, or your own desert pied-a-terre . Features stunning mountain views, full kitchen, exceptional storage, and a beautifully appointed space and furnishings. HOA DUES COVER ALL UTILITIES: AC, electricity, water, landscaping, sewer and trash...you just order Internet/Cable! Resort-style amenities include secure entry, 1 gated garage parking space, elevators, a massive pool, hot tub, community laundry, and a gym. Unbeatable location with premier access to Palm Canyon, Indian Canyon, Arenas, Koffi, Plaza Theater, VillageFest every Thursday, and more. Pet-friendly complex welcoming cats and dogs up to 25 lbs. Turnkey and ready for its next owner.

Features & Amenities

Villa AlejoLeaseBuilt 1966

Property Details

Subdivision
Villa Alejo
Land Type
Lease
Year Built
1966
Property Type
Residential
Property Subtype
Condominium
Heating
Central, Forced Air
Cooling
Central Air, Gas
View
City Lights, Desert, Hills, Mountain(s), Pool, Water
Flooring
Carpet
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byUnknown Office, Jonathan Olow

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,008.78
Principal & Interest
Loan Amount
$159,600
Total Interest
$203,561
Total Payment Over 30 Years
$363,161
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Villa Alejo

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

View Villa Alejo Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

277 East Alejo Road, 225, Palm Springs, CA 92262

Villa Alejo · Palm Springs · Condominium · Lease Land

$200K
Affordable Tier
Beds
0
Baths
1
Sqft
546
Lot
0 sqft
Year
1966
$/Sqft
$365
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 12.1% above the median closed sale of $178,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $200K· $365/sqft
Total list price
Closed comps
vs closed median $178K
+$22K (+12.1%)
Active comps
vs active median $200K
−$500 (−0.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $327
+$38 (+11.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2812 Auburn CourtPalm Springs1982115890$389$229,0003173
2809 Los Felices CirclePalm Springs1982115890$365$215,0005270
575 Villa CourtPalm Springs1981115890$340$200,00014369
2825 Los Felices RoadPalm Springs1981115891$246$145,00015869
510 Villa CourtPalm Springs198111589624$297$175,00012267
Total: 5 · Average1.01.0589312.5$327.4$192,800101.2
Median589$200,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1111 Palm Canyon DrivePalm Springs195709/08/202611525556$255,000$255,000$4861.0017174
2290 Palm Canyon DrivePalm Springs195809/28/202611552435$249,000$240,000$4350.966572
2800 Los FelicesPalm Springs198209/24/202611589779$176,000$169,500$2880.9610071
550 Villa CourtPalm Springs198109/18/202611589436$160,000$155,000$2630.974371
2821 Los Felices RoadPalm Springs198208/31/202611589436$178,800$178,000$3021.003070
Total: 5 · Average1.01.0568.8528.4$199,500$199,500$354.8—81.8
Median589$178,000$178,000

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.