04-Photo-4
1 / 37

1950 S Palm Canyon Drive, 134, Palm Springs, CA 92264

$499K3bd · 2ba · 1,472 sqft
Lot 1,306 sqft•HOA $537/mo•Condominium•
Active
•12d on market•MLS# 219154698

Property Description

Exceptional value under $500K! FEE SIMPLE land ownership (you own the land). Set within the enclave of South Palm Springs, this rare top-floor corner condominium at Sandstone presents an exceptional blend of modern sophistication, privacy, and panoramic San Jacinto Mountain views. Designed for seamless desert living, the sunlit open-concept interior transitions effortlessly onto an expansive private balcony, creating an idyllic setting for outdoor relaxation against a dramatic mountain backdrop. Thoughtfully reimagined throughout, the home features a redesigned chef's kitchen complete with contemporary finishes, sleek countertops, and updated stainless steel appliances. The primary suite offers a private sanctuary with an ensuite bath, while a second bedroom functions as a full guest suite with dual-entry access and direct balcony access. Maximizing functional layout, the versatile third bedroom includes a custom Murphy bed, transitioning easily from a high-end home office or creative studio to welcoming guest accommodations. Built for modern comfort, the residence is enhanced by a high-efficiency HVAC system, Milgard dual-paned windows and sliding doors, integrated smart home climate and security features, and a built-in wireless surround sound system for rich, immersive audio throughout. Rare premium highlights include two dedicated parking spaces, Flexible investment potential with 7-day minimum short-term rentals, and turnkey convenience as the home is offered fully furnished per inventory list. Residents of Sandstone enjoy multi-pool and spa retreats, tennis and pickleball courts, an outdoor barbecue area, an on-site fitness center, and manicured grounds--all moments from the world-class dining, shopping, and hiking of Palm Springs. HOA dues include water, gas, trash, exterior maintenance, and landscaping.

Features & Amenities

Sandstone VillasFeeBuilt 1972

Property Details

Subdivision
Sandstone Villas
Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
0
Heating
Central, Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Electric
View
Mountain(s)
Flooring
Carpet, Ceramic Tile, Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byPacific Sotheby's Internationa, Matthew E Merrill·619-839-7122

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,523.22
Principal & Interest
Loan Amount
$399,200
Total Interest
$509,158
Total Payment Over 30 Years
$908,358
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Sandstone Villas

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

View Sandstone Villas Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1950 S Palm Canyon Drive, 134, Palm Springs, CA 92264

Sandstone Villas · Palm Springs · Condominium

$499K
Affordable Tier
Beds
3
Baths
2
Sqft
1,472
Lot
1,307 sqft
Year
1972
$/Sqft
$339
Pool: No✓
Spa: No✓
View: mountain✓

Listed 3.4% above the median closed sale of $482,500.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $499K· $339/sqft
Total list price
Closed comps
vs closed median $483K
+$17K (+3.4%)
Active comps
vs active median $469K
+$30K (+6.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $518
−$179 (−34.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
588 San Lorenzo RoadPalm Springs1966221,2100$470$569,0008871
1150 Palm Canyon DrivePalm Springs1980241,2401,307$347$429,99513370
810 Palm Canyon DrivePalm Springs2006221,1161,207$426$475,0003168
588 San Lorenzo RoadPalm Springs1966129000$521$469,0001763
1111 Palm Canyon DrivePalm Springs195711525578$824$432,5004457
Total: 5 · Average1.62.2998.21,030.667$517.6$475,09962.6
Median1,116$469,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2041 Calle Palo FierroPalm Springs196607/31/2026221,3640$475,000$450,000$3300.955979
2600 Palm Canyon DrivePalm Springs197406/16/2026331,5901,590$495,000$485,000$3050.983376
2600 Palm Canyon DrivePalm Springs197406/30/2026331,5900$495,000$495,000$3111.007874
1150 Palm Canyon DrivePalm Springs198009/17/2026331,6591,403$482,500$482,500$2911.00073
870 Palm Canyon DrivePalm Springs200610/21/2026221,3051,276$495,000$480,000$3680.974473
Total: 5 · Average2.62.61,501.61,423$478,500$478,500$321—42.8
Median1,590$482,500$482,500

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.