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673 E Arenas Road, Palm Springs, CA 92262

$685K2bd · 4ba · 1,593 sqft
Lot 686 sqft•HOA $726/mo•Condominium•
Active
•4d on market•MLS# 219155147

Property Description

Loft-style living in the heart of downtown Palm Springs! This 2 BR / 3 BA townhome at 48 @ Arenas is one block from the Arenas District, close to downtown's best dining, shopping, and nightlife. The two-level, open-concept layout is full of light and glass, with clean modern lines, high ceilings, and an exposed stone fireplace. The contemporary kitchen has crisp white counters, a full suite of stainless-steel appliances including a wine cooler, and a generous prep island with ample room for seating. The kitchen sits at one end of the main entertaining space, with sliding doors to a private patio at the other. The flexible layout can accommodate dining near the kitchen with the living area beyond, arranged around the cozy gas fireplace. Or you could move the living area to the center and set your formal dining by the patio doors and the mountain views. Two primary suites give owners and guests their privacy. The main-floor suite has a fully remodeled bath. Upstairs, the second suite is an open, loft-style space with its own en-suite bath and sliding doors to a truly amazing second-floor deck with unobstructed mountain views. Other features include owned solar, a laundry closet with stacked washer/dryer, a brand-new A/C system, LED lighting, remote-controlled shades, two generous walk-in closets, several outdoor living areas and two covered parking spaces. The community is gated, sits on fee land (you own the land) and has multiple pools and spas. Lock it, leave it, and live downtown. ADDITIONAL ITEMS AND AMENITIES • HVAC replaced 2026 • Water Heater installed 2006 • Main floor Primary Bath updated 2025

Features & Amenities

48 @ ArenasFeeBuilt 2003

Property Details

Subdivision
48 @ Arenas
Land Type
Fee
Year Built
2003
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Central, Forced Air
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Concrete, Wood
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byBennion Deville Homes, Mark A Gutkowski·760-844-2229

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,463.73
Principal & Interest
Loan Amount
$548,000
Total Interest
$698,944
Total Payment Over 30 Years
$1,246,944
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

673 E Arenas Road, Palm Springs, CA 92262

48 @ Arenas · Palm Springs · Condominium

$685K
Residential Tier
Beds
2
Baths
3
Sqft
1,593
Lot
686 sqft
Year
2003
$/Sqft
$430
Pool: No✓
Spa: No✓
View: mountain✓

Listed 16.3% above the median closed sale of $589,000. Closed comps sold at 110% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $685K· $430/sqft
Total list price
Closed comps
vs closed median $589K
+$96K (+16.3%)
Active comps
vs active median $615K
+$70K (+11.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $501
−$71 (−14.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
213 Villorrio DrivePalm Springs2006221,1130$553$615,0006774
1018 Villorrio DrivePalm Springs2006221,1131,042$530$589,5007565
1015 Villorrio Drive SPalm Springs2006221,159996$505$585,0005265
1251 Tiffany CirclePalm Springs1979231,7242,178$417$718,8005464
1184 TiffanyPalm Springs1979221,2602,486$498$628,0001159
Total: 5 · Average2.02.21,273.81,675.5$500.6$627,26051.8
Median1,159$615,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
248 Villorrio DrivePalm Springs200506/18/2026231,5161,101$599,000$585,000$3860.985672
307 Arenas RoadPalm Springs197702/20/2026231,592736$799,000$750,000$4710.945370
1233 Tiffany CirclePalm Springs197907/21/2026231,7242,178$725,000$705,000$4090.97269
1283 Tiffany CirclePalm Springs197902/19/2026221,2600$359,000$589,000$4671.644768
1356 VictoriaFullerton196908/05/2026221,1490$619,500$585,000$5090.947563
Total: 5 · Average2.02.61,448.21,338.333$642,800$642,800$448.4—46.6
Median1,516$589,000$589,000

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.