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580 W Panga Way, 2, Palm Springs, CA 92262

$565K4bd · 4ba · 3,783 sqft
Lot 11,761 sqft•Co-Ownership•
Active
•21d on market•MLS# 219154199

Property Description

New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Amber is set in the heart of Palm Springs' Historic Tennis Club neighborhood, one of the city's most storied residential addresses. The single-level ranch exterior sits low against the San Jacinto Mountains, which rise dramatically behind the property. Inside, vaulted beamed ceilings and light hardwood floors run throughout, giving Amber an open, sun-filled quality that feels entirely at home in the desert. The great room is Amber's centerpiece, anchored by a distinctive freestanding round fireplace with a stainless steel hood and a wall of floor-to-ceiling windows that frame the pool and mountains beyond. The kitchen has pendant lighting, a chimney hood, modern cabinetry and a large island with breakfast bar seating. A wall opens directly to the covered patio for outdoor dining. Each of the four bedroom suites has its own private bath, giving Amber a generous, unhurried layout suited to longer stays. The lap pool with six arcing fountains and a spa sits at the center of Amber's outdoor sequence. The covered patio and outdoor dining area extend the living spaces naturally into the desert air. Downtown Palm Springs is minutes away, with Uptown Design District galleries, the Aerial Tramway and the hiking trails of the San Jacinto Mountains all close at hand. Amber is professionally designed, appointed and managed by Pacaso. Ownership here means showing up to a home that is cared for, prepared and ready -- every time.

Features & Amenities

Property Details

Subdivision
The Tennis Club Condos
Land Type
Fee
Year Built
1970
Property Type
Residential
Property Subtype
Co-Ownership
Parking Spaces
9
Garage Spaces
3
Heating
Central, Fireplace(s), Forced Air, Zoned
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Zoned
View
Mountain(s), Pool
Flooring
Carpet, Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byPacaso Inc., Maxx S Rifkin·714-584-0428

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,856.95
Principal & Interest
Loan Amount
$452,000
Total Interest
$576,501
Total Payment Over 30 Years
$1,028,501
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About The Tennis Club Condos

This property is located in The Tennis Club Condos, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View The Tennis Club Condos Listings

Comparative Market Analysis

Luxury Tier · 0 active · 2 closed

580 W Panga Way, 2, Palm Springs, CA 92262

The Tennis Club Condos · Palm Springs · Co-Ownership

$565K
Luxury Tier
Beds
4
Baths
5
Sqft
3,783
Lot
11,761 sqft
Year
1970
$/Sqft
$149
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 3-car✓

Listed 4.6% below the median closed sale of $592,000. Closed comps sold at 89% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $565K· $149/sqft
Total list price
Closed comps
vs closed median $615K
−$50K (−8.1%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (2)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
580 Panga WayPalm Springs197003/31/2025453,78311,761$630,000$569,000$1500.902697
594 Stevens RoadPalm Springs199112/15/2025575,07343,560$695,000$615,000$1210.8911146
Total: 2 · Average4.56.04,42827,660.5$592,000$592,000$135.5—68.5
Median5,073$615,000$615,000

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.