Great Room Opens to Patio
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2345 S Cherokee Way, 127, Palm Springs, CA 92264

$350K2bd · 2ba · 960 sqft
Lot 871 sqft•HOA $988/mo•Condominium•
Active
•18d on market•MLS# 219154167

Property Description

Expanded, fully furnished turnkey corner Villa in the desirable Oasis Resort in South Palm Springs, where short-term rentals are allowed and in demand. This single-story 2BD/2BA unit offers rare privacy with no neighbors above or below. Features include a 1-car garage and two spacious, private patios, front and rear, ideal for seamless indoor-outdoor living and entertaining. The south-facing rear patio brings in abundant natural light, enhancing the open living spaces. Set within beautifully maintained Spanish Villa-style grounds, the community offers lush landscaping with mature palms, fruit trees, jacaranda, colorful bougainvillea, and tranquil fountains throughout. Resort-style amenities include 8 pools, 9 spas, 4 tennis courts, pickleball, 2 bocce courts, basketball, and an active clubhouse. Onsite management and maintenance provide convenience and ease. Ideal as a primary residence, desert getaway, or income-producing vacation rental.

Features & Amenities

Oasis Resort CondosLeaseBuilt 1985

Property Details

Subdivision
Oasis Resort Condos
Land Type
Lease
Year Built
1985
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Forced Air, Natural Gas
Cooling
Central Air
View
Mountain(s)
Flooring
Laminate
Roof
Tile
City
Palm Springs
Zip Code
92264
County
Riverside
Listed byColdwell Banker Realty, Lori Ebeling·760-831-1501

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,769.28
Principal & Interest
Loan Amount
$279,920
Total Interest
$357,023
Total Payment Over 30 Years
$636,943
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Oasis Resort Condos

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

View Oasis Resort Condos Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2345 S Cherokee Way, 127, Palm Springs, CA 92264

Oasis Resort Condos · Palm Springs · Condominium · Lease Land

$350K
Affordable Tier
Beds
2
Baths
2
Sqft
960
Lot
871 sqft
Year
1985
$/Sqft
$364
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed 11.4% below the median closed sale of $395,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $350K· $364/sqft
Total list price
Closed comps
vs closed median $395K
−$45K (−11.4%)
Active comps
vs active median $360K
−$10K (−2.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $287
+$77 (+26.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2345 Cherokee WayPalm Springs1986231,2250$265$324,9501690
2345 Cherokee Way WayPalm Springs1986231,2200$303$369,9002289
2345 Cherokee WayPalm Springs1986231,2250$273$335,00023586
2234 Linden WayPalm Springs1977221,2641,742$285$360,0002572
2367 Miramonte CirclePalm Springs1974221,1881,742$311$369,0006171
Total: 5 · Average2.02.61,224.41,742$287.4$351,77071.8
Median1,225$360,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2700 Lawrence Crossley RoadPalm Springs198605/04/202622885871$299,990$300,000$3391.006373
1552 Camino RealPalm Springs197410/22/202622923871$329,900$329,900$3571.0022772
401 El Cielo RoadPalm Springs198508/17/2026221,1120$399,000$395,000$3550.993571
2262 Linden WayPalm Springs197707/24/2026221,2412,178$410,000$399,900$3220.979470
2542 MiramontePalm Springs197407/16/2026221,1551,742$425,000$400,000$3460.9416269
Total: 5 · Average2.02.01,063.21,415.5$364,960$364,960$343.8—116.2
Median1,112$395,000$395,000

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.