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1450 North Yermo Drive, Palm Springs, CA 92262

$505K2bd · 2ba · 1,333 sqft
Lot 1,389 sqft•HOA $693/mo•Condominium•
Active
•17d on market•MLS# PS-26102840

Property Description

Tierra Hermosa! This beautifully maintained, gated community in the heart of Palm Springs offers a relaxed resort atmosphere, and this 2-bedroom, 2-bath Carriage House floor plan makes the most of its second-level setting. Views of the San Jacinto Mountains and surrounding palms bring plenty of Palm Springs character to the picture. Inside, natural light fills the open living and dining areas, where a fireplace adds warmth and glass doors open to a covered balcony. Plantation shutters throughout are another nice touch. The kitchen features counter seating, a walk-in pantry, and an adjacent utility room. There's excellent separation between the bedrooms, with the Primary Ensuite on one end of the home and the guest bedroom, currently used as a den, on the other. Both bathrooms feature stylish finishes, and the guest bedroom opens directly to the balcony. A climate-controlled two-car garage with direct access and a 220V EV charger is another plus. Tierra Hermosa offers two pools, one adults-only and one all-ages, plus a poolside cabana with an outdoor fireplace, a dog park, and attractive landscaping throughout. Downtown Palm Springs dining, shopping, and entertainment are close by. An appealing choice for both seasonal and year-round living!

Features & Amenities

Tierra HermosaLeaseBuilt 2004

Property Details

Subdivision
Tierra Hermosa
Land Type
Lease
Year Built
2004
Property Type
Residential
Property Subtype
Condominium
Heating
None, Central, Forced Air
Cooling
Central Air
View
Mountain(s), Panoramic, Pool
Flooring
Carpet, Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byKeller Williams Luxury Homes, Brady Sandahl

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,553.55
Principal & Interest
Loan Amount
$404,000
Total Interest
$515,280
Total Payment Over 30 Years
$919,280
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Tierra Hermosa

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

View Tierra Hermosa Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1450 North Yermo Drive, Palm Springs, CA 92262

Tierra Hermosa · Palm Springs · Condominium · Lease Land

$505K
Affordable Tier
Beds
2
Baths
2
Sqft
1,333
Lot
1,389 sqft
Year
2004
$/Sqft
$379
Pool: Yes✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $506,000. Price per sqft ($379) is a 11% discount to closed comps ($426).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $505K· $379/sqft
Total list price
Closed comps
vs closed median $506K
−$1K (−0.2%)
Active comps
vs active median $519K
−$14K (−2.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $403
−$24 (−5.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1408 Avenida MontanaPalm Springs2006221,3750$385$529,000884
500 Amado RoadPalm Springs1986221,2590$364$458,0008075
1103 Alejo RoadPalm Springs1974221,2212,613$425$519,0001973
500 Amado RoadPalm Springs1986221,2590$412$519,00015173
500 Amado RoadPalm Springs1985221,2592,178$428$539,0004573
Total: 5 · Average2.02.01,274.62,395.5$402.8$512,80060.6
Median1,259$519,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1377 Yermo DrivePalm Springs200406/16/2026221,3330$528,000$528,000$3961.005692
1370 Yermo DrivePalm Springs200404/27/2026221,3331,401$519,000$506,000$3800.975692
500 Amado RoadPalm Springs198608/25/2026221,2592,178$490,000$485,000$3850.999773
500 Amado RoadPalm Springs198502/25/2026221,2592,178$560,000$560,000$4451.005071
1100 Amado RoadPalm Springs198406/11/2026228490$459,000$445,000$5240.9711769
Total: 5 · Average2.02.01,206.61,919$504,800$504,800$426—75.2
Median1,259$506,000$506,000

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.