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401 S El Cielo Road, 228, Palm Springs, CA 92262

$275K1bd · 1ba · 868 sqft
Lot 956 sqft•HOA $485/mo•Condominium•
Active
•12d on market•MLS# 219154705

Property Description

An updated, turnkey furnished, second floor condo awaits you in the highly desirable and gated La Palme community in Central Palm Springs. This one bedroom, one bath residence offers 868 sq. ft. of smartly laid-out living space. The efficient kitchen provides plenty of cabinet space, stainless steel appliance, granite countertop, and is conveniently adjacent to the dining area. Easily visible from the kitchen and dining area is the cozy living room with sliding glass doors that open onto the balcony with your mountain views. Additional highlights include ceiling fans, window shutters, indoor laundry with washer and dryer, and, an assigned covered parking space. La Palme offers resort-style amenities including 6 pools and spas, 3 tennis courts, and 2 EV charging stations. HOA dues include roof maintenance, water, trash, Wi-Fi, and basic cable with HBO. Well-located in the heart of Palm Springs, just minutes from the airport, shopping, dining, entertainment, golf, and downtown. A perfect full-time residence, vacation getaway, or investment opportunity with breathtaking mountain views.

Features & Amenities

La PalmeLeaseBuilt 1987

Property Details

Subdivision
La Palme
Land Type
Lease
Year Built
1987
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Carpet, Laminate
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byBennion Deville Homes, Terry Murphy·760-832-3758

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,390.55
Principal & Interest
Loan Amount
$220,000
Total Interest
$280,598
Total Payment Over 30 Years
$500,598
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About La Palme

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

View La Palme Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

401 S El Cielo Road, 228, Palm Springs, CA 92262

La Palme · Palm Springs · Condominium · Lease Land

$275K
Affordable Tier
Beds
1
Baths
1
Sqft
868
Lot
871 sqft
Year
1987
$/Sqft
$317
Pool: No✓
Spa: No✓
View: mountain✓

Listed in line with the median closed sale of $270,000. Price per sqft ($317) is a 17% premium to closed comps ($271). Expect a longer timeline — comps averaged 122 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $275K· $317/sqft
Total list price
Closed comps
vs closed median $270K
+$5K (+1.9%)
Active comps
vs active median $267K
+$8K (+3.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $376
−$59 (−15.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
401 El Cielo RoadPalm Springs1985117681,307$306$235,00017790
1050 Ramon RoadPalm Springs197911790871$338$267,0002075
1050 Ramon RoadPalm Springs197922916871$294$269,000573
470 Calle EnciliaPalm Springs198511568871$526$299,000270
471 Calle El SegundoPalm Springs1985115680$414$235,000369
Total: 5 · Average1.21.2722980$375.6$261,00041.4
Median768$267,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
401 El Cielo RoadPalm Springs198512/02/202511868871$274,000$270,000$3110.98594
401 El Cielo RoadPalm Springs198507/09/2026221,0840$250,000$240,000$2210.9627483
401 El Cielo RoadPalm Springs198809/18/2026221,0841,186$275,000$273,195$2520.992582
401 El Cielo RoadPalm Springs198505/15/2026221,0841,742$335,000$315,000$2910.9422778
280 Avenida CaballerosPalm Springs198106/22/2026128870$249,000$249,000$2811.008071
Total: 5 · Average1.61.81,001.41,266.333$269,439$269,439$271.2—122.2
Median1,084$270,000$270,000

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.