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401 South El Cielo, 235, Palm Springs, CA 92262

$399K2bd · 2ba · 1,012 sqft
Lot 1,144 sqft•HOA $485/mo•Condominium•
Active
•12d on market•MLS# OC-26228542

Property Description

Located in the gated La Palme Community, this remodeled two-bedroom, two-bathroom home offers approximately 1,112 square feet of living space on a corner lot. The lower-level unit features an open floor plan with an upgraded kitchen, upgraded flooring, and a private gated patio. The home includes a tankless water heater, custom window coverings, and assigned parking. The community provides access to six pools, three tennis courts, and two electric vehicle charging stations. The homeowners association covers roof maintenance, water, trash, wi-fi, and basic cable. Situated with mountain views and minutes from the airport, the property is close to shopping, dining, golf, and downtown. This home is perfect for your primary residency, vacation get a way or income property

Features & Amenities

La PalmeLeaseBuilt 1985

Property Details

Subdivision
La Palme
Land Type
Lease
Year Built
1985
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Laminate
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byColdwell Banker Realty, Steve Mino

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,017.56
Principal & Interest
Loan Amount
$319,200
Total Interest
$407,122
Total Payment Over 30 Years
$726,322
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 South El Cielo, 235, Palm Springs, CA 92262

La Palme · Palm Springs · Condominium · Lease Land

$399K
Affordable Tier
Beds
2
Baths
2
Sqft
1,012
Lot
1,144 sqft
Year
1985
$/Sqft
$394
Pool: No✓
Spa: No✓
View: mountain✓

Listed in line with the median closed sale of $395,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $399K· $394/sqft
Total list price
Closed comps
vs closed median $395K
+$4K (+1.0%)
Active comps
vs active median $359K
+$40K (+11.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $341
+$53 (+15.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
401 El Cielo RoadPalm Springs1987221,1121,358$323$359,0004492
2218 Sunshine CirclePalm Springs1980221,1721,742$311$365,0004178
255 Avenida CaballerosPalm Springs1989221,0460$387$405,0002276
2345 Cherokee WayPalm Springs198522960871$364$349,9001676
280 Avenida CaballerosPalm Springs1981221,0821,500$319$345,0002375
Total: 5 · Average2.02.01,074.41,367.75$340.8$364,78029.2
Median1,082$359,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
401 El Cielo RoadPalm Springs198508/17/2026221,1120$399,000$395,000$3550.993591
255 Avenida CaballerosPalm Springs198908/28/2026221,0961,307$345,000$355,000$3241.034476
280 South Avenida CaballerosPalm Springs198107/02/2026229961,351$375,000$353,000$3540.947075
1100 Amado RoadPalm Springs198406/11/2026228490$459,000$445,000$5240.9711772
605 Amado RoadPalm Springs198405/08/2026221,1471,742$400,000$405,000$3531.0121070
Total: 5 · Average2.02.01,0401,466.667$390,600$390,600$382—95.2
Median1,096$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.