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1450 Lorena Way, Palm Springs, CA 92262

$1.36M4bd · 4ba · 2,784 sqft
Lot 11,326 sqft•Single Family Residence•
Active
•25d on market•MLS# 219154031

Property Description

Experience sophisticated Palm Springs living at 1450 Lorena Way where effortless indoor-outdoor living, expansive entertaining spaces, and resort-style amenities come together. This remarkable property presents a contemporary Fully Furnished (including art), with all items as currently shown. Single-story Palm Springs residence with 2,784 sq. ft. of living space, 4 bedrooms, 3.5 bathrooms, and an approximately 11,326 sq. ft. corner lot. Views toward the San Jacinto Mountains and Palm Springs Aerial Tramway frame the property. The open-concept interior connects the living area, formal dining room, and kitchen, with an oversized island, walk-in pantry, butler's pantry, granite counters, recessed lighting, dry bar, and gas fireplace. The primary suite includes direct access to the pool area, while the home also offers additional main-floor bedrooms and a utility/laundry area. Outdoors, the private heated gunite pool and spa are surrounded by covered patio areas, block and wrought-iron fencing, sprinklers, and professionally landscaped grounds with landscape lighting. A detached casita with its own bathroom adds flexible guest, office, or other private-use space. The attached 2-car garage includes custom built-ins, with additional driveway parking. Recent improvements include a NEW ROOF, custom garage built-ins, and landscaping; solar is subject to a 20-year lease with approximately 7 years remaining, with a low monthly payment. All this and it is on FEE Land, which means no lease and there are no HOA Fees. The property is in the Palm Springs Colony area of North Palm Springs, with access to Uptown Palm Springs, Palm Canyon Drive, the Uptown Design District, dining, shopping, the Palm Springs Aerial Tramway, and nearby desert recreation. A virtual tour is available for additional property detail. Some Items are staged and not included with with the sale of the property, inventory is available.

Features & Amenities

PS ColonyFeeBuilt 2004

Property Details

Subdivision
PS Colony
Land Type
Fee
Year Built
2004
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s), Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Tile
Roof
Foam
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byColdwell Banker Realty, Denise A Randle·909-838-6521

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,902.18
Principal & Interest
Loan Amount
$1,092,000
Total Interest
$1,392,786
Total Payment Over 30 Years
$2,484,786
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About PS Colony

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

View PS Colony Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

1450 Lorena Way, Palm Springs, CA 92262

PS Colony · Palm Springs · Single Family Residence

$1.36M
Residential Tier
Beds
4
Baths
4
Sqft
2,784
Lot
11,326 sqft
Year
2004
$/Sqft
$490
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 10.5% above the median closed sale of $1,235,000. Price per sqft ($490) is a 12% premium to closed comps ($438).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.36M· $490/sqft
Total list price
Closed comps
vs closed median $1.24M
+$130K (+10.5%)
Active comps
vs active median $1.40M
−$34K (−2.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $506
−$16 (−3.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2090 Nicola RoadPalm Springs2002432,33912,197$599$1.40M5780
2077 Nicola RoadPalm Springs2018442,60013,068$469$1.22M876
1055 Racquet Club RoadPalm Springs1962442,74913,939$509$1.40M672
2100 Sahara RoadPalm Springs2023342,90717,860$535$1.55M20272
1622 Julia CourtPalm Springs2006553,0569,583$417$1.27M1770
Total: 5 · Average4.04.02,730.213,329.4$505.8$1.37M58
Median2,749$1.40M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1441 Amelia WayPalm Springs200410/02/2026442,78410,454$1.40M$1.36M$4900.985499
2220 Hermosa DrivePalm Springs200410/02/2026343,04210,890$1.25M$1.22M$4010.9810888
1420 Amelia WayPalm Springs200404/20/2026332,49910,019$1.27M$1.24M$4940.979586
1615 Savvy CourtPalm Springs200606/09/2026453,0569,583$1.29M$1.27M$4170.9814480
2684 Isabella WayPalm Springs200610/21/2026453,05610,454$1.20M$1.19M$3890.9912876
Total: 5 · Average3.64.22,887.410,280$1.26M$1.26M$438.2—105.8
Median3,042$1.24M$1.24M

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.