280 S Avenida Caballeros 268
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280 S Avenida Caballeros, 268, Palm Springs, CA 92262

$345K2bd · 2ba · 1,082 sqft
Lot 1,500 sqft•HOA $593/mo•Condominium•
Active
•24d on market•MLS# 219154080

Property Description

Bright and beautiful 2-bedroom townhouse ideally located in the heart of Downtown Palm Springs. Situated within the highly desirable Caballeros Estates, this gated and well-maintained community offers the ultimate in walkable desert living--just moments from Arenas Road, restaurants, shopping, and entertainment. This spacious two-story residence is designed for seamless indoor-outdoor living, featuring private terraces perfect for relaxing or entertaining. The main level includes a well-appointed kitchen with high-end appliances and updated countertops. The dining area opens to its own private terrace, while the living room offers a cozy fireplace, stylish wet bar, and a south-facing terrace with picturesque views of the pool, lush palm trees, and surrounding mountains. Upstairs, the primary bedroom captures sweeping views, while the guest bedroom features its own private terrace. A spacious bathroom completes the upper level.

Features & Amenities

Caballeros EstatesLeaseBuilt 1981

Property Details

Subdivision
Caballeros Estates
Land Type
Lease
Year Built
1981
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Mountain(s), Pool
Flooring
Carpet, Laminate
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byCompass, The Rich Nolan Group·760-219-1357

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,744.51
Principal & Interest
Loan Amount
$276,000
Total Interest
$352,023
Total Payment Over 30 Years
$628,023
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Caballeros Estates

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

View Caballeros Estates Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

280 S Avenida Caballeros, 268, Palm Springs, CA 92262

Caballeros Estates · Palm Springs · Condominium · Lease Land

$345K
Affordable Tier
Beds
2
Baths
2
Sqft
1,082
Lot
1,500 sqft
Year
1981
$/Sqft
$319
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed in line with the median closed sale of $339,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $345K· $319/sqft
Total list price
Closed comps
vs closed median $339K
+$6K (+1.8%)
Active comps
vs active median $325K
+$20K (+6.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $304
+$15 (+4.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
280 Avenida CaballerosPalm Springs1981221,1280$266$299,90012995
280 Avenida CaballerosPalm Springs1981229961,452$316$315,0004094
255 Avenida CaballerosPalm Springs1989221,0960$338$369,9994884
222 Calle El SegundoPalm Springs1983221,1471,147$283$325,0007880
222 Calle El SegundoPalm Springs1983221,1471,742$318$365,00011380
Total: 5 · Average2.02.01,102.81,447$304.2$334,979.881.6
Median1,128$325,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
280 Avenida CaballerosPalm Springs198106/04/2026221,1280$315,000$315,000$2791.003195
280 South Avenida CaballerosPalm Springs198107/02/2026229961,351$375,000$353,000$3540.947093
280 Avenida CaballerosPalm Springs198112/19/2025229961,481$339,000$339,000$3401.008792
255 Avenida CaballerosPalm Springs198908/28/2026221,0961,307$345,000$355,000$3241.034485
255 Avenida CaballerosPalm Springs198904/22/2026221,0460$312,000$302,000$2890.9717382
Total: 5 · Average2.02.01,052.41,379.667$332,800$332,800$317.2—81
Median1,046$339,000$339,000

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.