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1117 S La Verne Way, Palm Springs, CA 92264

$415K2bd · 2ba · 1,325 sqft
Lot 1,951 sqft•HOA $580/mo•Condominium•
Active
•6d on market•MLS# 219155006

Property Description

Welcome to Canyon South 1, a hidden gem in desirable South Palm Springs! Situated on nearly 9 acres of beautifully landscaped grounds, this intimate community of just 68 residences offers a peaceful desert setting surrounded by more than 100 palm trees, 100+ fruit trees, and spectacular mountain scenery. This spacious 2-bedroom, 2-bath condominium offers 1,325 square feet of comfortable living space with soaring ceilings and an open, light-filled floor plan. The main living areas feature bamboo flooring, while tile flooring extends through the kitchen and bathrooms and carpet adds comfort to the bedrooms. The generous living and dining spaces flow together for easy everyday living and entertaining, while the kitchen offers abundant cabinetry, granite countertops, and a convenient breakfast bar. The spacious primary suite features vaulted ceilings, an impressive wall of mirrored closets, and plenty of room to create your own private retreat. Step outside to the covered private patio, where mature landscaping and citrus trees create a relaxing setting for morning coffee, outdoor dining, or enjoying the Palm Springs lifestyle. Additional conveniences include private laundry and a one-car garage. Canyon South 1 offers three community pools and three spas, with the spas heated year-round, all surrounded by lush greenbelts, mature landscaping, towering palms, fruit trees, and beautiful mountain views. HOA dues are $580 per month. The property is located on lease land with an annual land lease of $5,200, expiring in 2072. Ideally situated in South Palm Springs, you're just minutes from downtown Palm Springs, Smoketree Shopping Center, restaurants, shopping, hiking trails, golf, and entertainment. Whether you're searching for a full-time residence, seasonal desert getaway, or simply a place to enjoy the best of Palm Springs living, this home offers an exceptional combination of space, location, community amenities, and classic desert charm.

Features & Amenities

Canyon South 1LeaseBuilt 1974

Property Details

Subdivision
Canyon South 1
Land Type
Lease
Year Built
1974
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central, Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Bamboo, Carpet, Tile
Roof
Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byKW Coachella Valley, Jelmberg Team·760-732-5867

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,098.47
Principal & Interest
Loan Amount
$332,000
Total Interest
$423,448
Total Payment Over 30 Years
$755,448
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Canyon South 1

This property is located in Canyon South 1, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Canyon South 1 Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1117 S La Verne Way, Palm Springs, CA 92264

Canyon South 1 · Palm Springs · Condominium · Lease Land

$415K
Affordable Tier
Beds
2
Baths
2
Sqft
1,325
Lot
1,951 sqft
Year
1974
$/Sqft
$313
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed 7.8% above the median closed sale of $385,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $415K· $313/sqft
Total list price
Closed comps
vs closed median $385K
+$30K (+7.8%)
Active comps
vs active median $385K
+$30K (+7.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $289
+$24 (+8.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1655 Palm CanyonPalm Springs1974221,4701,470$292$429,0006580
351 VíA CarismaPalm Springs1977221,1701,307$321$375,0008279
2240 Palm Canyon DrivePalm Springs1978321,4041,266$263$369,0001477
2396 Palm Canyon DrivePalm Springs1963221,1630$331$385,00015674
2007 Ramitas WayPalm Springs1979231,6940$236$399,5001073
Total: 5 · Average2.22.21,380.21,347.667$288.6$391,50065.4
Median1,404$385,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1145 La Verne WayPalm Springs197407/06/2026221,3250$409,000$390,000$2940.9511696
1125 La Verne WayPalm Springs197410/09/2026321,7102,989$487,500$465,000$2720.954087
2180 Palm Canyon DrivePalm Springs197706/25/2026221,1701,307$375,000$375,000$3211.005077
1729 Capri CirclePalm Springs197311/26/2025221,4271,301$399,500$385,000$2700.965672
255 Avenida CaballerosPalm Springs198908/28/2026221,0961,307$345,000$355,000$3241.034466
Total: 5 · Average2.22.01,345.61,726$394,000$394,000$296.2—61.2
Median1,325$385,000$385,000

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.