3554 Penny Lane Palm Springs, CA $ 449,000
3554 Penny Lane
$ 449,000
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3554 Penny Lane

Palm Springs, CA, 92262
$ 449,000
Bedrooms2 Baths2.1 Sq 1,343

Monthly Estimate*

$ 3,101

Listed by Luke Smith, Compass, luke.smith@lukeesmith.com
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View a Virtual Tour

Condo for sale in Palm Springs, CA

for $449,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,343 square foot condo was built in 2007 on a lot size of 0.026.

Mountain views, a private spa, and fee-simple land come together in this spacious Model B residence at Palermo. The open-concept main level connects the living, dining, and kitchen areas, creating an inviting setting for everyday living and entertaining. Step outside to your private backyard with an in-ground spa, or enjoy the mountain views from the expansive upstairs patio. The two-story floor plan features two bedrooms, two-and-a-half bathrooms, concrete flooring, an exterior gas fireplace, and an attached one-car garage. Palermo is a gated Palm Springs community offering two pools and spas, a clubhouse, fitness center, lounge, full kitchen, guest parking, and more. HOA dues include water, sewer, and trash. Rentals are permitted with a 30-day minimum, subject to HOA and city requirements. Whether you are looking for a full-time residence or Palm Springs getaway, this home offers comfort, privacy, and resort-style amenities. Some photographs have been virtually staged using AI; additional photographs depict the home in its current vacant condition.

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Condo Active

Price

$ 449,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 0

Style

Lot Size

0.026

Year Built

2007

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

219149987PS

Days on Market

105

Features
General
Living Area 1343
Heating Forced Air
Possession Close Of Escrow
Appliances Dishwasher Refrigerator
HOA Fee 590
Garage Spaces 1
Association Fee Includes Sewer
Security Features Gated Community
Year Built 2007
View Mountain(s)
Stories Count 2
Levels Two
Property Subtype Condominium
Community Features Gated
Assoc Fee Paid Per Monthly
County Riverside
New Construction false
Property Type Residential
Association Amenities Clubhouse Fitness Center Other Trash Water
HOA true
Attached Garage true
Subdivision Name Palermo
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Enter Palermo from Indian Canyon. Follow Enterprise Way to Penny Lane. Turn Left home will be on the right. Cross Street: Penny Lane and Enterprise Way.
City Palm Springs
Disclosures HOA Disclosure
Association Name Palermo
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 117
MLS Area 331 - North End Palm Springs
Lot Size Units Square Feet
Lot Size Square Feet 1134
Carport Spaces 0
Listing Terms Cash Cash to New Loan
Spa Features Heated In Ground
Property Attached Y/N true
Land Lease Y/N false
Walk Score 0
Lease Considered Y/N false
Virtual Tour https://my.matterport.com/show/?m=9bTv5TVfgJ9 https://my.matterport.com/show/?m=9bTv5TVfgJ9
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Condominium
Expected Active Date 2026-07-09
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Interior
Flooring Concrete
Fireplace Features Gas Outside
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 2
Total Baths 3
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Exterior
Parking Features Guest
Lot Features Drip Irrigation/Bubblers Sprinkler System
Total Parking 1
Lot Size Area 1134
Foundation Details Slab
Spa false
Lot Size Acres 0.026
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Luke Smith

Listing Agent

Compass

Broker

luke.smith@lukeesmith.com

Email

Affordability Calculator

$3,101
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,101
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$449,000 -8.18% Price Down
7/6/2026$489,000 Listed Price

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3554 Penny Lane, Palm Springs, CA, 92262 is a Condo for sale at $449,000 with 1,343 sqft and a lot size of 0.026. 3554 Penny Lane has 2 bedrooms, 2.1 baths, and was built in 2007. The property's zip code is 92262 which is in Palm Springs, CA