3554 Penny Lane, Palm Springs, CA 92262
Palermo (click for community info)
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Overview
MLS #
219149987DA
Listed on
2026-05-13
Status
Active
Price
$489,000
Type
Residential
Subtype
Condominium
Size of home
1,343 sq ft
Beds / Baths
2 / 3.00
Size of lot
1,134 sq ft
Community
Palermo
Location address
3554 Penny Lane
Palm Springs 92262
Palm Springs 92262
Video
Description
Welcome to Palermo, a gated community in Palm Springs situated on fee land (you own the land). This desirable Model B floor plan offers 2 bedrooms, 2.5 bathrooms, a one-car garage, a private backyard spa, and an upstairs patio above the garage with stunning mountain views.The open-concept layout creates an inviting space for everyday living and entertaining, while the private backyard offers a peaceful retreat to relax and enjoy your own spa. Upstairs, the spacious patio provides the perfect place to take in the surrounding mountain vistas.Palermo's resort-style amenities include two community pools, two spas, outdoor showers and restrooms, a clubhouse with a lounge area, pool table, full kitchen, fitness center, abundant guest parking, and dog stations throughout the community. The HOA permits rentals with a 30-day minimum, making this property an excellent choice as a primary residence, vacation home, or investment opportunity.Photo Disclosure: Some listing photos have been virtually staged using AI to illustrate the home's potential. Additional photos show the property in its current vacant condition. Buyers are encouraged to review both the virtually staged and vacant photographs.
General Information
Original List Price
$489,000
Price Per Sq/Ft
$364
Furnished
No
HOA Fee
$590.00
Land Type
Fee
Land Lease Expires
N/A
Association Amenities
Clubhouse, Fitness Center, Guest Parking, Other
Pool
Yes
Spa
Yes
Spa Description
Heated with Gas, In Ground
Year Built
2007
Levels
Two
View
Mountains
Flooring
Cement
Fireplace
Yes
Heating Type
Forced Air
Cooling Type
Air Conditioning, Ceiling Fan
Parking Spaces
1
Parking Type
Attached, Garage Is Attached, Parking for Guests
Management Name
Desert Resort Management
Courtesy of:
Luke Smith /
Compass
Previous Sales Data For This Property
| Sold Date | Address | List Date | List Price | List $ / Sq Ft | Beds / Baths | Days on Market | Sold Price | Sold $ / Sq Ft | |
|---|---|---|---|---|---|---|---|---|---|
| 2020-09-23 |
|
3554 Penny Lane | 2020-08-08 | $359,000 | $267 | 2 / 3.00 | 27 | $365,000 | $272 |
| Averages: | $359,000 | $267 | 27 | $365,000 | $271 | ||||
3554 Penny Lane