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401 South El Cielo Road, 157, Palm Springs, CA 92262

$235K1bd · 1ba · 768 sqft
Lot 1,307 sqft•HOA $485/mo•Condominium•
Active
•156d on market•MLS# PS-26830959

Property Description

Newly Improved Price-an exceptional opportunity for affordable Palm Springs living in highly desirable La Palme community. This inviting 1-bedroom, 1-bath home offers 768 sq. ft. of comfortable living space featuring fresh paint, high ceilings, ceiling fans, and wood-like flooring throughout. The open-concept floor plan flows seamlessly into the kitchen, complete with ample cabinet storage, stainless steel appliances, and a newer refrigerator. Sliding glass doors from both the living room and bedroom open directly to the oversized enclosed patio, creating exceptional indoor-outdoor living. Enjoy beautiful mountain views from the living room, bedroom, and patio, bringing the natural beauty of the desert indoors. The expansive private patio is ideal for morning coffee, outdoor dining, entertaining, or relaxing evenings under the desert sky. Additional features include indoor laundry with newer washer/dryer and an assigned covered parking space for added convenience. Residents of La Palme enjoy resort-style amenities including 6 pools and spas, 3 tennis courts, and 2 EV charging stations. HOA dues include roof maintenance, Wi-Fi, water, trash, and basic cable with HBO. This gated non-smoking community offers a peaceful setting in the heart of Palm Springs, just minutes from shopping, dining, entertainment, and all the desert has to offer. Don't miss this opportunity to own your own desert retreat with breathtaking mountain views and one of the largest patios in the community.

Features & Amenities

La PalmeLeaseBuilt 1985

Property Details

Subdivision
La Palme
Land Type
Lease
Year Built
1985
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Mountain(s), Pool, Water
Flooring
Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byBennion Deville Homes, Emma Dixon

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,188.29
Principal & Interest
Loan Amount
$188,000
Total Interest
$239,784
Total Payment Over 30 Years
$427,784
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About La Palme

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

View La Palme Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

401 South El Cielo Road, 157, Palm Springs, CA 92262

La Palme · Palm Springs · Condominium · Lease Land

$235K
Affordable Tier
Beds
1
Baths
1
Sqft
768
Lot
1,307 sqft
Year
1985
$/Sqft
$306
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 38.6% above the median closed sale of $169,500. Price per sqft ($306) is a 11% discount to closed comps ($345).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $235K· $306/sqft
Total list price
Closed comps
vs closed median $170K
+$66K (+38.6%)
Active comps
vs active median $163K
+$72K (+44.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $338
−$32 (−9.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2810 Arcadia CourtPalm Springs198211589828$277$163,0005671
2875 Los Felices RoadPalm Springs198111589624$272$160,0005670
1111 Palm Canyon DrivePalm Springs199511525584$600$315,000568
510 Villa CourtPalm Springs198111589436$287$169,0006968
420 Villa CourtPalm Springs198111589436$255$150,00010168
Total: 5 · Average1.01.0576.2581.6$338.2$191,40057.4
Median589$163,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
290 San Jacinto DrivePalm Springs198209/09/2026117921,307$419,000$409,000$5160.985676
820 Palm CanyonPalm Springs200609/04/2026117481,482$294,000$294,000$3931.0012073
550 Villa CourtPalm Springs198109/18/202611589436$160,000$155,000$2630.974372
470 Villa CourtPalm Springs198109/21/2026115890$169,900$155,000$2630.915072
2800 Los FelicesPalm Springs198209/24/202611589779$176,000$169,500$2880.9610071
Total: 5 · Average1.01.0661.41,001$236,500$236,500$344.6—73.8
Median589$169,500$169,500

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.