426 North Hermosa Drive, Palm Springs, CA 92262
426 North Hermosa Drive, Palm Springs, CA 92262
Property Description
Discover a distinctive Palm Springs retreat in the sought-after Greenhouse East community, where spacious living, exceptional outdoor spaces and stunning mountain views come together. This unique residence offers 2,299 square feet with a 2-bedroom, 3-bath main residence plus a beautifully remodeled and updated 1-bedroom, 1-bath private casita, along with an attached private two-car garage on fee land -meaning you own the land. The main residence is ready for updating, offering a rare blank canvas to create the Palm Springs home you've envisioned, while the completely remodeled casita is a beautiful, turnkey space for guests, extended stays or a private retreat. Outside, enjoy a large private patio with spa and dramatic mountain views, along with a private rooftop deck offering another spectacular vantage point. Beyond your own outdoor spaces, Greenhouse East features beautifully landscaped grounds, sweeping mountain views, a sparkling community pool and tennis court, creating a true resort-like setting. Gated and ideally located just minutes from downtown Palm Springs, this is a rare opportunity to bring your vision to life while enjoying an exceptional Palm Springs lifestyle.
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About Greenhouse East
This property is located in Greenhouse East, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Greenhouse East ListingsComparative Market Analysis
Residential Tier · 5 active · 5 closed
Greenhouse East · Palm Springs · Condominium
Listed 10.2% below the median closed sale of $990,000.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 431 Desert Lakes Circle | Palm Springs | 1972 | 3 | 3 | 2,452 | 3,485 | $204 | $499,000 | 2 | 69 |
| 318 Villaggio | Palm Springs | 2005 | 3 | 4 | 2,143 | 3,471 | $677 | $1.45M | 33 | 67 |
| 2712 Dancing Sands Drive | Palm Springs | 2021 | 3 | 3 | 2,029 | 1,566 | $579 | $1.18M | 4 | 66 |
| 100 Stevens Road | Palm Springs | 2003 | 2 | 3 | 1,956 | 1,337 | $253 | $495,000 | 16 | 66 |
| 185 Pena Lane | Palm Springs | 2026 | 3 | 4 | 2,245 | 0 | $889 | $2.00M | 166 | 65 |
| Total: 5 · Average | 2.8 | 3.4 | 2,165 | 2,464.75 | $520.4 | $1.12M | 44.2 | |||
| Median | 2,143 | $1.18M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 459 Desert Lakes Drive | Palm Springs | 1972 | 08/17/2026 | 3 | 3 | 2,452 | 0 | $399,900 | $368,000 | $150 | 0.92 | 186 | 69 |
| 2910 Cervantes Court | Palm Springs | 1980 | 10/01/2026 | 2 | 3 | 2,120 | 2,178 | $625,000 | $615,000 | $290 | 0.98 | 54 | 67 |
| 254 Mayfair Way | Palm Springs | 2021 | 09/03/2026 | 2 | 3 | 2,237 | 0 | $1.09M | $1.08M | $485 | 0.99 | 55 | 66 |
| 253 Calle La Soledad | Palm Springs | 2006 | 09/10/2026 | 3 | 3 | 2,328 | 2,178 | $1.50M | $1.43M | $614 | 0.96 | 75 | 66 |
| 942 Alejo Vista | Palm Springs | 2004 | 06/15/2026 | 2 | 3 | 2,258 | 1,368 | $999,000 | $990,000 | $438 | 0.99 | 73 | 66 |
| Total: 5 · Average | 2.4 | 3.0 | 2,279 | 1,908 | $897,600 | $897,600 | $395.4 | — | 88.6 | ||||
| Median | 2,258 | $990,000 | $990,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.