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291 E Mel Avenue E, 200, Palm Springs, CA 92262

$350K2bd · 2ba · 902 sqft
Lot 1,251 sqft•HOA $471/mo•Condominium•
Active
•68d on market•MLS# 219151894

Property Description

OPEN SUNDAY, 12-2! OWNER MAY CONSIDER OWNER FINANCING AT 6.25% FOR A QUALIFIED BUYER. Loading groceries up & down stairs is never fun. You won't have to worry about that, or long walks loading & unloading groceries to & from this DOWNSTAIRS END UNIT! Since it's an end unit, it has more windows + one unattached side. (Yep, we'll be opening those windows soon too- most of the windows are new too!) And this condo is right near the pedestrian gate and secured parking. Inside there's 2 bedrooms w/ample mirrored closets, 2 baths-one w/walk-in shower, stackable washer& dryer, dishwasher, refrigerator, recessed lights, ceiling fans, breakfast bar, linen closet, quartz countertops. NO CARPET- all one flooring type: wood-like tile. 2 tiled patios- a front shaded patio w/storage + back patio to enjoy snow-laced mountain views in winter from the bedrooms. The location can't be beat. Besides being near the pedestrian gate, Rancho El Mirador itself is right next to Desert Regional Hospital (great for nurses or physicians, traveling nurses, etc..)and it's close to famous downtown Palm Springs with all its shopping, dining and activities. The beautifully maintained & lush community has a large, centered, welcoming pool & spa + tennis/ pickleball court & community mailbox. Water & trash are included in HOA. Celebrities + the rich & famous have enjoyed Palm Springs or years..now it's YOUR turn. Enjoy resort-style living, right here in Rancho El Mirador, at a super affordable price. YOU OWN THE LAND! OWNER FINANCING MAY BE AVAILABLE.

Features & Amenities

Rancho El MiradorFeeBuilt 1983

Property Details

Subdivision
Rancho El Mirador
Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Central
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Electric
View
Mountain(s)
Flooring
Ceramic Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byVirginia Cook & Associates, Donna V Brown·760-861-2041

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,769.79
Principal & Interest
Loan Amount
$280,000
Total Interest
$357,125
Total Payment Over 30 Years
$637,125
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Rancho El Mirador

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

View Rancho El Mirador Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

291 E Mel Avenue E, 200, Palm Springs, CA 92262

Rancho El Mirador · Palm Springs · Condominium

$350K
Affordable Tier
Beds
2
Baths
2
Sqft
902
Lot
1,251 sqft
Year
1983
$/Sqft
$388
Pool: No✓
Spa: No✓
View: mountain✓

Listed 5.4% above the median closed sale of $332,000. Price per sqft ($388) is a 15% premium to closed comps ($337). Expect a longer timeline — comps averaged 158 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $350K· $388/sqft
Total list price
Closed comps
vs closed median $332K
+$18K (+5.4%)
Active comps
vs active median $350K
+$5 (+0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $357
+$31 (+8.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
291 MelPalm Springs1983229021,131$349$315,0007598
800 Cottonwood RoadPalm Springs197522816871$429$349,9958679
1725 Via MiralestePalm Springs1980221,1831,195$338$400,0002178
401 Vista ChinoPalm Springs1985231,095669$306$335,0002173
1790 Via MiralestePalm Springs1961221,0681,742$365$389,9005972
Total: 5 · Average2.02.21,012.81,121.6$357.4$357,97952.4
Median1,068$349,995

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
291 Mel AvenuePalm Springs198302/11/202622902902$374,900$365,000$4050.9716793
1865 Via MiralestePalm Springs198001/15/2026221,0341,351$345,000$332,000$3210.969277
1735 Via MiralestePalm Springs198006/16/2026118540$335,000$330,000$3860.988373
1555 Chaparral RoadPalm Springs199709/04/2026221,250770$345,000$300,000$2400.8740072
204 Camino NortePalm Springs196611/17/2025221,2080$400,000$400,000$3311.004868
Total: 5 · Average1.81.81,049.61,007.667$345,400$345,400$336.6—158
Median1,034$332,000$332,000

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.