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351 N Hermosa Drive, 4b2, Palm Springs, CA 92262

$212K1bd · 1ba · 633 sqft
Lot 0 sqft•HOA $375/mo•Condominium•
Active
•236d on market•MLS# 219144604

Property Description

BEST VALUE IN CENTRAL PALM SPRINGS! Fabulous value in central Palm Springs. Resort living awaits at gated Casa Verde! This adorable upper-level 1-bedroom, 1-bath condo is move-in ready and perfect for a first-time buyer, weekend retreat, downsizing opportunity, or long-term rental investment. Vaulted ceilings and abundant natural light create an open and airy feel throughout the 633 sq. ft. interior, while the thoughtfully designed layout offers comfort and functionality. The bright living space flows seamlessly into the kitchen and dining area, creating an inviting setting for relaxing or entertaining. The bedroom provides a peaceful retreat, and the convenience of an in-unit washer and dryer adds everyday ease. Enjoy effortless parking with an assigned carport space and additional guest parking. Casa Verde offers a true resort-style lifestyle with two pools, two spas, two tennis courts, an executive putting green, and beautifully maintained grounds within a secure gated community. Ideally located just minutes from downtown Palm Springs, you'll be close to renowned dining, shopping, casinos, entertainment, and the vibrant energy of Palm Canyon Drive. With low HOA dues and a prime central location, this charming condo delivers the ultimate lock-and-leave Palm Springs getaway, investment opportunity, or full-time desert home.

Features & Amenities

Casa VerdeLeaseBuilt 1984

Property Details

Subdivision
Casa Verde
Land Type
Lease
Year Built
1984
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Forced Air
Cooling
Air Conditioning
View
Panoramic
Flooring
Carpet, Laminate
Roof
Common Roof, Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byRedfin Corporation, Marsha Kay McMahon-Jones·760-282-9361

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,071.99
Principal & Interest
Loan Amount
$169,600
Total Interest
$216,315
Total Payment Over 30 Years
$385,915
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Casa Verde

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

View Casa Verde Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

351 N Hermosa Drive, 4b2, Palm Springs, CA 92262

Casa Verde · Palm Springs · Condominium · Lease Land

$212K
Affordable Tier
Beds
1
Baths
1
Sqft
633
Lot
0 sqft
Year
1984
$/Sqft
$335
Pool: No✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $208,500. Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 127 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $212K· $335/sqft
Total list price
Closed comps
vs closed median $209K
+$4K (+1.7%)
Active comps
vs active median $225K
−$13K (−5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $341
−$6 (−1.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
471 Calle El SegundoPalm Springs1985115680$414$235,000378
500 Amado RoadPalm Springs1986127360$306$225,0005075
1589 Sunflower CourtPalm Springs1983115831,307$386$225,0006068
401 El Cielo RoadPalm Springs1985117681,307$306$235,00017767
1655 Palm Canyon DrivePalm Springs197411755871$291$219,9005067
Total: 5 · Average1.01.26821,161.667$340.6$227,98068
Median736$225,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1150 Amado RoadPalm Springs198410/20/2026116330$219,900$210,000$3320.9518897
1150 Amado RoadPalm Springs198404/16/202611633874$219,000$208,500$3290.9512194
353 Hermosa Dr, 7C1Palm Springs198404/09/2026116330$229,000$200,000$3160.876693
353 Hermosa DrivePalm Springs198404/20/202611633871$215,000$196,000$3100.915391
467 Calle El SegundoPalm Springs198505/04/202611568871$230,000$230,000$4051.0020678
Total: 5 · Average1.01.0620872$208,900$208,900$338.4—126.8
Median633$208,500$208,500

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.