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314 Lakewood, Palm Desert, CA 92260

$390K2bd · 2ba · 1,101 sqft
Lot 1,530 sqft•HOA $775/mo•Condominium•
Active
•81d on market•MLS# IV-26175538

Property Description

Welcome to 314 Lakewood Ln, where comfortable desert living meets the resort-style amenities of the desirable Park Palms community in Palm Desert. This inviting single-story, 2-bedroom, 2-bath residence features an open-concept living and dining area, a fireplace, ceiling fans, and a beautifully updated kitchen with warm wood cabinetry and modern appliances. Natural light fills the living spaces, while sliding doors create an easy connection to the covered private patio—an ideal setting for morning coffee, outdoor dining, or relaxing after a day in the desert. The home also offers an attached 2-car garage, in-home washer and dryer, and a combination of tile, wood, and carpet flooring. Park Palms offers a true resort-style setting with beautifully landscaped grounds and community amenities including pools, spas, clubhouse, tennis courts, fitness facilities, sauna, and BBQ areas. Conveniently located near Palm Desert shopping, dining, recreation, and everyday services, 314 Lakewood Ln offers an excellent opportunity for a primary residence, desert getaway, or lock-and-leave lifestyle.

Features & Amenities

Park PalmsFeeBuilt 1984

Property Details

Subdivision
Park Palms
Land Type
Fee
Year Built
1984
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Pond, Pool
Flooring
Carpet, Tile, Wood
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byBLUE SKY REAL ESTATE CENTER, LIONEL NEWMAN THOMAS

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,972.05
Principal & Interest
Loan Amount
$311,999
Total Interest
$397,938
Total Payment Over 30 Years
$709,937
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Park Palms

This property is located in Park Palms, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.

View Park Palms Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

314 Lakewood, Palm Desert, CA 92260

Park Palms · Palm Desert · Condominium

$390K
Affordable Tier
Beds
2
Baths
2
Sqft
1,101
Lot
1,530 sqft
Year
1984
$/Sqft
$354
Pool: No✓
Spa: No✓
View: Pond, Pool✓
Garage: 2-car✓

Listed 7.1% below the median closed sale of $420,000. Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $390K· $354/sqft
Total list price
Closed comps
vs closed median $420K
−$30K (−7.1%)
Active comps
vs active median $395K
−$5K (−1.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $306
+$48 (+15.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
130 Willow Lake DrivePalm Desert1984221,1380$347$394,50016396
177 Winterhaven CirclePalm Desert1984221,2502,451$295$369,0002783
279 San Remo StreetPalm Desert1979221,3031,217$307$399,5007280
73850 Calle BisquePalm Desert1980221,2802,978$285$365,0006078
304 Villena WayPalm Desert1979221,4571,408$294$428,00027375
Total: 5 · Average2.02.01,285.62,013.5$305.6$391,200119
Median1,280$394,500

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
204 Lakecrest LanePalm Desert198407/08/2026221,5763,485$388,000$360,000$2280.9313884
16 San Felipe DrivePalm Desert198609/29/2026221,0703,920$375,000$335,000$3130.895381
12 Bonita LanePalm Desert198704/21/2026221,0704,356$475,000$440,000$4110.935178
148 Verde WayPalm Desert198702/26/2026221,0704,356$450,000$420,000$3930.93077
148 Verde WayPalm Desert198702/25/2026221,0704,356$439,000$420,000$3930.964977
Total: 5 · Average2.02.01,171.24,094.6$395,000$395,000$347.6—58.2
Median1,070$420,000$420,000

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.